199 result(s) for financial impact
Hungary Prepares For Adulthood In The European Union
- 29 Nov 2010 1:00 AM
- current affairs
"In January 2011 Hungary will assume the Presidency of the Council of the European Union. Its six-month term will be an interesting period for Hungary and the EU alike. Hungary will coordinate the Council’s vast bureaucratic and decision-making apparatus while not being able to rely on any significant wealth of accumulated knowledge about some of its workings due to the novelty of the Lisbon ...
Energy, Telco Tax Could Impact On Hungary's MOL
- 5 Oct 2010 1:00 AM
- business
"Analysts expect the rumoured windfall tax on energy and telecommunication firms to be levied for more than a year, Napi Gazdasag writes. The government intends to charge these sectors a supplementary tax, similar to the bank tax, according to market rumours, although the planned duration is unknown.
Hungary’s Last Summer Week Of Full Of Market Excitement
- 23 Aug 2010 2:00 AM
- business
"The coming week will see an abundance of macro data and business news expected to set market trends and give investors a direction. Real estate market stats stand out among high-impact US news, along with a Q2 report on economic performance in the United States. In Hungary, each day of the week will bring new excitement, starting with Monday’s interest rate decision.
Hungarian Households Act Mysteriously
- 23 Aug 2010 1:00 AM
- business
"Hungary’s budget is not on the right tract, gross government debt is already 83% of gross domestic product, while households started to save up surprisingly vehemently and abruptly, these are the main features the central bank’s (NBH) latest report on financial accounts showed.
HUF Is Critical For Hungary’s Financial Stability
- 10 Aug 2010 2:02 AM
- business
"These are tough times for Hungarian banks, which have to deal with the new tax planned by the government while non-performing loans (NPLs) are already a burden, Societe Generale said in a research note on Tuesday. A cautious view on the forint is still warranted, it added.
Hungary Industrial Production Grows 0.9% m/m In June vs. 5.6% In May
- 6 Aug 2010 1:00 AM
- business
"Hungary’s industrial production grew by 12.6% year on year in June, down from 13.8% in May, according to data adjusted for working days, the Central Statistics Office (KSH) has reported on Thursday.
Hungary B.Bank Chief Simor Says New IMF Deal Would Be Beneficial
- 2 Aug 2010 1:03 AM
- business
"András Simor, Governor of Hungary’s central bank (NBH), believes that while the country at the moment is fully financing itself from the markets, a new agreement with the International Monetary Fund would be beneficial as a safety net in case global markets were to deteriorate.
Hungarian Forint Stable As Markets Await Bond Issue Results
- 29 Jul 2010 2:00 AM
- business
"The Hungarian forint has remained stable overnight vs. the euro at 283 amid hesitant optimism in global markets as there has been no high-impact local news to create a new trend for the national currency.
Hungary Csányi Wishes IMF Showed Bigger Flexibility On 2011 Deficit Goal
- 21 Jul 2010 3:00 AM
- current affairs
"Sándor Csányi, Chairman-CEO of Hungary’s largest bank by assets, OTP, said the markets overreacted the early departure of the IMF/EU teams reviewing Hungary’s fiscal stance. He also urged the international lenders to show larger flexibility on next year’s deficit target, which was one of the issues Hungary was unable to agree on with the IMF/EU missions.
Hungary Prepares For Adulthood In The European Union
- 29 Nov 2010 1:00 AM
- current affairs
"In January 2011 Hungary will assume the Presidency of the Council of the European Union. Its six-month term will be an interesting period for Hungary and the EU alike. Hungary will coordinate the Council’s vast bureaucratic and decision-making apparatus while not being able to rely on any significant wealth of accumulated knowledge about some of its workings due to the novelty of the Lisbon ...
Energy, Telco Tax Could Impact On Hungary's MOL
- 5 Oct 2010 1:00 AM
- business
"Analysts expect the rumoured windfall tax on energy and telecommunication firms to be levied for more than a year, Napi Gazdasag writes. The government intends to charge these sectors a supplementary tax, similar to the bank tax, according to market rumours, although the planned duration is unknown.
Hungary’s Last Summer Week Of Full Of Market Excitement
- 23 Aug 2010 2:00 AM
- business
"The coming week will see an abundance of macro data and business news expected to set market trends and give investors a direction. Real estate market stats stand out among high-impact US news, along with a Q2 report on economic performance in the United States. In Hungary, each day of the week will bring new excitement, starting with Monday’s interest rate decision.
Hungarian Households Act Mysteriously
- 23 Aug 2010 1:00 AM
- business
"Hungary’s budget is not on the right tract, gross government debt is already 83% of gross domestic product, while households started to save up surprisingly vehemently and abruptly, these are the main features the central bank’s (NBH) latest report on financial accounts showed.
HUF Is Critical For Hungary’s Financial Stability
- 10 Aug 2010 2:02 AM
- business
"These are tough times for Hungarian banks, which have to deal with the new tax planned by the government while non-performing loans (NPLs) are already a burden, Societe Generale said in a research note on Tuesday. A cautious view on the forint is still warranted, it added.
Hungary Industrial Production Grows 0.9% m/m In June vs. 5.6% In May
- 6 Aug 2010 1:00 AM
- business
"Hungary’s industrial production grew by 12.6% year on year in June, down from 13.8% in May, according to data adjusted for working days, the Central Statistics Office (KSH) has reported on Thursday.
Hungary B.Bank Chief Simor Says New IMF Deal Would Be Beneficial
- 2 Aug 2010 1:03 AM
- business
"András Simor, Governor of Hungary’s central bank (NBH), believes that while the country at the moment is fully financing itself from the markets, a new agreement with the International Monetary Fund would be beneficial as a safety net in case global markets were to deteriorate.
Hungarian Forint Stable As Markets Await Bond Issue Results
- 29 Jul 2010 2:00 AM
- business
"The Hungarian forint has remained stable overnight vs. the euro at 283 amid hesitant optimism in global markets as there has been no high-impact local news to create a new trend for the national currency.
Hungary Csányi Wishes IMF Showed Bigger Flexibility On 2011 Deficit Goal
- 21 Jul 2010 3:00 AM
- current affairs
"Sándor Csányi, Chairman-CEO of Hungary’s largest bank by assets, OTP, said the markets overreacted the early departure of the IMF/EU teams reviewing Hungary’s fiscal stance. He also urged the international lenders to show larger flexibility on next year’s deficit target, which was one of the issues Hungary was unable to agree on with the IMF/EU missions.