• 22 Nov 2024

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263 result(s) for exchange rate

Opposition: Next Year's Draft Budget is 'Unsustainable'

Opposition: Next Year's Draft Budget is 'Unsustainable'

The 2023 draft budget is “unsustainable” and “fictitious”, the head of parliament’s budgetary committee, of the opposition Socialists, said on Wednesday.
Forint Hit New Historic Low at 403 to Euro

Forint Hit New Historic Low at 403 to Euro

After hitting 400 on Monday in the foreign exchange market, the forint-euro exchange rate set another record low on Tuesday, reported Magyar Hang.
DK Calls on Gov’t, Central Bank to 'Take Responsibility for Rising Food Prices' in Hungary

DK Calls on Gov’t, Central Bank to 'Take Responsibility for Rising Food Prices' in Hungary

At a time when basic necessities are luxuries for some Hungarians, the government has to take responsibility for the rise in food prices it had caused, the deputy leader of the opposition Democratic Coalition said.
Orbán Now Faces Serious Economic Issues

Orbán Now Faces Serious Economic Issues

The new, fifth Orbán government will face serious economic challenges, as inflation must be kept in check, the forint exchange rate must be stabilised and fiscal risks must be managed, Portfolio observes, listing the most significant potential problems.
Fiscal Policy's Effect On Inflation Only Mild, Says Hungarian Finmin

Fiscal Policy's Effect On Inflation Only Mild, Says Hungarian Finmin

Mihály Varga, the finance minister, in an op-ed published on Tuesday, said fiscal policy and wages only had a mild effect on inflation and the current account, and external factors were more at play. In his article in the business daily Világgazdaság, Varga said the jump in energy prices, raw materials and transport costs, as well as the re-pricing amid the post-pandemic economy — services in ...
PPI Increases by 14.4% in August in Hungary

PPI Increases by 14.4% in August in Hungary

Factory gate prices in Hungary increased by an annual 14.4% in August, the Central Statistical Office (KSH) said on Thursday.
PM Orbán: on

PM Orbán: on "Őszöd Speech' & National Consultation

People in protests following the leaked “Őszöd speech” in 2006 were “not only beaten and left in blood”, the then-government also “deceived voters and ruled against them”, coupled with economic measures, Prime Minister Viktor Orbán said.
Introduction of Dual Euro Exchange Rate Suggested by Governor of Central Bank

Introduction of Dual Euro Exchange Rate Suggested by Governor of Central Bank

György Matolcsy, the governor of Hungary’s central bank, has suggested in an op-ed that the euro area should have two exchange rates, one for northern member states and another for the bloc’s southern ones.
Hungary's Looser Fiscal Policy Affords Flexibility, Says Finance Minister

Hungary's Looser Fiscal Policy Affords Flexibility, Says Finance Minister

The government’s modified budget deficit targets for the coming years, prompted by the continuously changing global environment and the drawn out recovery of capacities, afford flexibility, Finance Minister Mihály Varga said in an interview with business portal Portfolio.hu published on Monday.
Opposition: Next Year's Draft Budget is 'Unsustainable'

Opposition: Next Year's Draft Budget is 'Unsustainable'

The 2023 draft budget is “unsustainable” and “fictitious”, the head of parliament’s budgetary committee, of the opposition Socialists, said on Wednesday.
Forint Hit New Historic Low at 403 to Euro

Forint Hit New Historic Low at 403 to Euro

After hitting 400 on Monday in the foreign exchange market, the forint-euro exchange rate set another record low on Tuesday, reported Magyar Hang.
DK Calls on Gov’t, Central Bank to 'Take Responsibility for Rising Food Prices' in Hungary

DK Calls on Gov’t, Central Bank to 'Take Responsibility for Rising Food Prices' in Hungary

At a time when basic necessities are luxuries for some Hungarians, the government has to take responsibility for the rise in food prices it had caused, the deputy leader of the opposition Democratic Coalition said.
Orbán Now Faces Serious Economic Issues

Orbán Now Faces Serious Economic Issues

The new, fifth Orbán government will face serious economic challenges, as inflation must be kept in check, the forint exchange rate must be stabilised and fiscal risks must be managed, Portfolio observes, listing the most significant potential problems.
Fiscal Policy's Effect On Inflation Only Mild, Says Hungarian Finmin

Fiscal Policy's Effect On Inflation Only Mild, Says Hungarian Finmin

Mihály Varga, the finance minister, in an op-ed published on Tuesday, said fiscal policy and wages only had a mild effect on inflation and the current account, and external factors were more at play. In his article in the business daily Világgazdaság, Varga said the jump in energy prices, raw materials and transport costs, as well as the re-pricing amid the post-pandemic economy — services in ...
PPI Increases by 14.4% in August in Hungary

PPI Increases by 14.4% in August in Hungary

Factory gate prices in Hungary increased by an annual 14.4% in August, the Central Statistical Office (KSH) said on Thursday.
PM Orbán: on

PM Orbán: on "Őszöd Speech' & National Consultation

People in protests following the leaked “Őszöd speech” in 2006 were “not only beaten and left in blood”, the then-government also “deceived voters and ruled against them”, coupled with economic measures, Prime Minister Viktor Orbán said.
Introduction of Dual Euro Exchange Rate Suggested by Governor of Central Bank

Introduction of Dual Euro Exchange Rate Suggested by Governor of Central Bank

György Matolcsy, the governor of Hungary’s central bank, has suggested in an op-ed that the euro area should have two exchange rates, one for northern member states and another for the bloc’s southern ones.
Hungary's Looser Fiscal Policy Affords Flexibility, Says Finance Minister

Hungary's Looser Fiscal Policy Affords Flexibility, Says Finance Minister

The government’s modified budget deficit targets for the coming years, prompted by the continuously changing global environment and the drawn out recovery of capacities, afford flexibility, Finance Minister Mihály Varga said in an interview with business portal Portfolio.hu published on Monday.