45 result(s) for european currency in Business
Hungary’s Supreme Court Rejects K&H Bank’s Suspension Request
- 27 Aug 2014 5:00 AM
- business
K&H Bank moved to suspend the court case in which it is defending unilateral changes it made to foreign currency borrowers’ contracts, but the court turned down its request. The bank had asked the Budapest Municipal Court to appeal to the Constitutional Court and the European Court of Justice over the case.
Hungary’s Forint Hits Annual Low Past 315 To Euro
- 7 Aug 2014 12:30 PM
- business
The forint weakened to a record level against the euro for the first time this year on Tuesday afternoon. The Hungarian currency traded at 315.65 against the common European currency, compared with 315.58 on March 14. It started the day trading at 313.46 against the euro.
Hungary’s Forint Sharply Down On Interbank Market
- 30 Jul 2014 9:00 AM
- business
The forint was trading at 310.79 to the euro late Tuesday on the interbank forex market, down from 308.98 late Monday. At 308.96 to the euro early Tuesday, the forint moved between 308.77 and 311.31, a ten-day low. The Hungarian currency sank back to levels before the decision of the National Bank of Hungary (NBH) a week ago to stop its easing cycle.
Hungary’s Finance Minister Varga: Bank Tax May Be Redesigned
- 8 Jul 2014 9:00 AM
- business
The government is mulling a rethink of Hungary’s sectoral tax on banks, Mihály Varga, the economy minister, told public broadcaster Kossuth Rádió. “I don’t exclude the possibility of revising or rethinking the banking tax, since banks are going to be assuming a heavy burden to compensate clients, but now is not the time for this.”
EC Report On Hungary’s Economy Confirms Govt Prognosis
- 6 May 2014 9:00 AM
- business
The EC’s spring forecast includes similar figures as the macro-economic prognosis in Hungary’s convergence plan, which shows that the Hungarian government’s projections were reliable and credible, the economy ministry said, commenting on today’s release of the commission’s report on the country’s economy. The EC’s economic growth projections of 2.3% this year and 2.1% next year are identical to ...
Hungary’s Macro Imbalances Need Monitoring, Says Brussels
- 6 Mar 2014 8:00 AM
- business
The European Commission counts Hungary among member states that are experiencing macroeconomic imbalances, but not among those whose imbalances are considered excessive. “[…] Macroeconomic imbalances require monitoring and decisive policy action,” the commission said on Wednesday, releasing the results of in-depth reviews of the economies of 17 member states.
Orange Chicken – Economic Relations Of Hungary & PR Of China – An In-Depth Analysis
- 3 Mar 2014 8:00 AM
- business
Hungary has signed several bilateral agreements with the PR of China, which it calls the main pillar of its “opening to the East”, but that seems to be a first step rather the much desired boost for the Hungarian economy.
Hungary’s Forint Down Again
- 24 Jan 2014 8:00 AM
- business
The forint was trading at 305.22 to the euro late Thursday, down from 302.55 late Wednesday. After a lull on Wednesday, the Hungarian currency led a decline in central European assets on Thursday as concern over weaker activity in China, a fall of Turkey’s lira to record lows against the dollar, and continuing upheaval in the Ukraine triggered some re-weighting to the detriment of emerging market ...
Fitch Ratings Affirms Hungary At BB+
- 12 Dec 2013 2:00 AM
- business
Fitch Ratings on Wednesday affirmed Hungary’s long-term foreign currency rating at ‘BB+’ with a stable outlook, and its local currency rating at ‘BBB-’. The outlooks on the long-term ratings are stable, the country ceiling has been affirmed at ‘BBB’ and the short-term foreign currency rating at ‘B’, the agency said in a report.
Hungary’s Supreme Court Rejects K&H Bank’s Suspension Request
- 27 Aug 2014 5:00 AM
- business
K&H Bank moved to suspend the court case in which it is defending unilateral changes it made to foreign currency borrowers’ contracts, but the court turned down its request. The bank had asked the Budapest Municipal Court to appeal to the Constitutional Court and the European Court of Justice over the case.
Hungary’s Forint Hits Annual Low Past 315 To Euro
- 7 Aug 2014 12:30 PM
- business
The forint weakened to a record level against the euro for the first time this year on Tuesday afternoon. The Hungarian currency traded at 315.65 against the common European currency, compared with 315.58 on March 14. It started the day trading at 313.46 against the euro.
Hungary’s Forint Sharply Down On Interbank Market
- 30 Jul 2014 9:00 AM
- business
The forint was trading at 310.79 to the euro late Tuesday on the interbank forex market, down from 308.98 late Monday. At 308.96 to the euro early Tuesday, the forint moved between 308.77 and 311.31, a ten-day low. The Hungarian currency sank back to levels before the decision of the National Bank of Hungary (NBH) a week ago to stop its easing cycle.
Hungary’s Finance Minister Varga: Bank Tax May Be Redesigned
- 8 Jul 2014 9:00 AM
- business
The government is mulling a rethink of Hungary’s sectoral tax on banks, Mihály Varga, the economy minister, told public broadcaster Kossuth Rádió. “I don’t exclude the possibility of revising or rethinking the banking tax, since banks are going to be assuming a heavy burden to compensate clients, but now is not the time for this.”
EC Report On Hungary’s Economy Confirms Govt Prognosis
- 6 May 2014 9:00 AM
- business
The EC’s spring forecast includes similar figures as the macro-economic prognosis in Hungary’s convergence plan, which shows that the Hungarian government’s projections were reliable and credible, the economy ministry said, commenting on today’s release of the commission’s report on the country’s economy. The EC’s economic growth projections of 2.3% this year and 2.1% next year are identical to ...
Hungary’s Macro Imbalances Need Monitoring, Says Brussels
- 6 Mar 2014 8:00 AM
- business
The European Commission counts Hungary among member states that are experiencing macroeconomic imbalances, but not among those whose imbalances are considered excessive. “[…] Macroeconomic imbalances require monitoring and decisive policy action,” the commission said on Wednesday, releasing the results of in-depth reviews of the economies of 17 member states.
Orange Chicken – Economic Relations Of Hungary & PR Of China – An In-Depth Analysis
- 3 Mar 2014 8:00 AM
- business
Hungary has signed several bilateral agreements with the PR of China, which it calls the main pillar of its “opening to the East”, but that seems to be a first step rather the much desired boost for the Hungarian economy.
Hungary’s Forint Down Again
- 24 Jan 2014 8:00 AM
- business
The forint was trading at 305.22 to the euro late Thursday, down from 302.55 late Wednesday. After a lull on Wednesday, the Hungarian currency led a decline in central European assets on Thursday as concern over weaker activity in China, a fall of Turkey’s lira to record lows against the dollar, and continuing upheaval in the Ukraine triggered some re-weighting to the detriment of emerging market ...
Fitch Ratings Affirms Hungary At BB+
- 12 Dec 2013 2:00 AM
- business
Fitch Ratings on Wednesday affirmed Hungary’s long-term foreign currency rating at ‘BB+’ with a stable outlook, and its local currency rating at ‘BBB-’. The outlooks on the long-term ratings are stable, the country ceiling has been affirmed at ‘BBB’ and the short-term foreign currency rating at ‘B’, the agency said in a report.