253 result(s) for financial balance
Hungary Needs New Growth Model For Successful Euro Adoption
- 19 May 2010 5:00 AM
- business
"Hungarian version
The earlier path of financing growth from foreign borrowing can no longer be sustained in Hungary, the National Bank of Hungary (NBH) said in its Report on the Convergence Process published on Wednesday. Reducing Hungary’s public and external debts is the key to sustainable growth and successful euro adoption. In other words, the economy will need to rely on a greater ...
Hungary's Forint Supported By Global Mood
- 18 May 2010 5:00 AM
- business
"Global capital markets are cautiously optimistic on Tuesday morning, after US stock indices performed a spectacular turnaround on Monday. Hungary’s forint has firmed in this environment.
Hungary Matolcsy Would Like To See The Entire Monetary Council Go
- 12 May 2010 4:00 AM
- business
"Hungary’s Economy Minister-designate György Matolcsy said members of the central bank’s (NBH) Monetary Council should resign for the mistakes they have made over the past seven years. In an interview with local daily Népszabadság he also said he was dissatisfied in general with the work of all financial regulatory institutions, including markets watchdog PSZÁF.
Hungary Posts Never-Before-Seen Trade Surplus In March
- 10 May 2010 4:00 AM
- business
"Hungary posted a record large trade surplus of EUR 653.1 million in March, the Central Statistics Office (KSH) has reported on Monday. The monthly surplus is bigger than the one achieved in the whole of 2009.
Depreciation Of Hungary's Forint On The Horizon
- 8 Apr 2010 3:00 AM
- business
"Fund managers expecting Hungary’s forint to weaken outnumber those who don’t both in terms of short-term (3 months) and longer term (12 m) projections, Portfolio.hu’s latest monthly poll showed on Wednesday.
Hungarian Economy Getting Up From The Mat, But Not Even In Semi-Kneeling Position
- 11 Mar 2010 2:00 AM
- business
@Hungary’s gross domestic product (GDP) dropped by 4.0% year on year in the fourth quarter of 2009, according to raw data and decreased by 4.1%, according to figures adjusted for calendar effects, the Central Statistics Office (KSH) has reported on Wednesday. Seasonally adjusted numbers showed an 0.4% quarter-on-quarter contraction. The Hungarian economy contracted by 6.3% yr/yr in the whole of ...
Hungary Needs "Fiscal Dictatorship" - Járai
- 11 Mar 2010 1:00 AM
- business
"Hungary would still be on the verge of sovereign default if it was not for the IMF credit, said Zsigmond Járai, former Governor of the central bank (NBH). He also told a conference in Budapest on Tuesday that the c.bank pursued a wrong monetary policy and that it should have lowered interest rates drastically. He noted that Hungary would need to rewrite its Convergence Programme as quickly as ...
Hungary's Forint Is The Most Attractive EM Currency
- 3 Mar 2010 3:00 AM
- business
"Hungary’s forint has topped the Emerging Markets FX Scorecard of Credit Suisse for the second consecutive month.
Hungary's Socialists Almost "Fail" With Election Programme
- 1 Mar 2010 3:00 AM
- current affairs
"Hungary’s Socialist Party (MSZP) almost got an 'F’ on its election programme. The "teacher" in this case was a group of Hungarian economists who have recently launched an independent civilian initiative to see what the sometimes cloudy, boisterous, humbug or downright ridiculous promises of local political parties would actually do to the economy if they were fulfilled.
Hungary Needs New Growth Model For Successful Euro Adoption
- 19 May 2010 5:00 AM
- business
"Hungarian version
The earlier path of financing growth from foreign borrowing can no longer be sustained in Hungary, the National Bank of Hungary (NBH) said in its Report on the Convergence Process published on Wednesday. Reducing Hungary’s public and external debts is the key to sustainable growth and successful euro adoption. In other words, the economy will need to rely on a greater ...
Hungary's Forint Supported By Global Mood
- 18 May 2010 5:00 AM
- business
"Global capital markets are cautiously optimistic on Tuesday morning, after US stock indices performed a spectacular turnaround on Monday. Hungary’s forint has firmed in this environment.
Hungary Matolcsy Would Like To See The Entire Monetary Council Go
- 12 May 2010 4:00 AM
- business
"Hungary’s Economy Minister-designate György Matolcsy said members of the central bank’s (NBH) Monetary Council should resign for the mistakes they have made over the past seven years. In an interview with local daily Népszabadság he also said he was dissatisfied in general with the work of all financial regulatory institutions, including markets watchdog PSZÁF.
Hungary Posts Never-Before-Seen Trade Surplus In March
- 10 May 2010 4:00 AM
- business
"Hungary posted a record large trade surplus of EUR 653.1 million in March, the Central Statistics Office (KSH) has reported on Monday. The monthly surplus is bigger than the one achieved in the whole of 2009.
Depreciation Of Hungary's Forint On The Horizon
- 8 Apr 2010 3:00 AM
- business
"Fund managers expecting Hungary’s forint to weaken outnumber those who don’t both in terms of short-term (3 months) and longer term (12 m) projections, Portfolio.hu’s latest monthly poll showed on Wednesday.
Hungarian Economy Getting Up From The Mat, But Not Even In Semi-Kneeling Position
- 11 Mar 2010 2:00 AM
- business
@Hungary’s gross domestic product (GDP) dropped by 4.0% year on year in the fourth quarter of 2009, according to raw data and decreased by 4.1%, according to figures adjusted for calendar effects, the Central Statistics Office (KSH) has reported on Wednesday. Seasonally adjusted numbers showed an 0.4% quarter-on-quarter contraction. The Hungarian economy contracted by 6.3% yr/yr in the whole of ...
Hungary Needs "Fiscal Dictatorship" - Járai
- 11 Mar 2010 1:00 AM
- business
"Hungary would still be on the verge of sovereign default if it was not for the IMF credit, said Zsigmond Járai, former Governor of the central bank (NBH). He also told a conference in Budapest on Tuesday that the c.bank pursued a wrong monetary policy and that it should have lowered interest rates drastically. He noted that Hungary would need to rewrite its Convergence Programme as quickly as ...
Hungary's Forint Is The Most Attractive EM Currency
- 3 Mar 2010 3:00 AM
- business
"Hungary’s forint has topped the Emerging Markets FX Scorecard of Credit Suisse for the second consecutive month.
Hungary's Socialists Almost "Fail" With Election Programme
- 1 Mar 2010 3:00 AM
- current affairs
"Hungary’s Socialist Party (MSZP) almost got an 'F’ on its election programme. The "teacher" in this case was a group of Hungarian economists who have recently launched an independent civilian initiative to see what the sometimes cloudy, boisterous, humbug or downright ridiculous promises of local political parties would actually do to the economy if they were fulfilled.