241 result(s) for financial impact
Gas Prices Seen Rising 15-20% In Hungary As Of July
- 15 Jul 2010 2:00 AM
- shopping
"Hungary’s licensed natural gas service providers could request a 15-20% price hike as of July, local daily Népszabadság reported. Their main argument could be the weakening of the forint versus the US dollar, it added.
Hungary's Industry Swings To The Fast Lane In May
- 15 Jul 2010 1:00 AM
- business
"Hungary’s industrial production rose by 5.4% month on month in May, accelerating from 1.2% in April, according to final figures published by the Central Statistics Office (KSH) on Wednesday. IP was up 13.7% year on year, according to both unadjusted and working-day-adjusted figures, up from 9.7% in April. The preliminary numbers were the same.
PM Orbán, OTP Bank Chief Csányi On Hungary Bank Tax
- 9 Jul 2010 1:00 AM
- business
"Hungary is not going to open a debate on the 2010 banking tax, not even with international lenders, Prime Minister Viktor Orbán said after a meeting with OTP President and CEO Sándor Csányi on Thursday. Csányi said he believed it was impossible that banks would seek to pass on the tax burden to clients. OTP is estimated to pay HUF 35 billion bank tax this year.
Hungarian Forint At 1-Week Peak
- 8 Jul 2010 2:00 AM
- business
"Wednesday’s opening bells in the US have filled the air with optimism in worldwide markets, which have propelled the forint to a 1-week high vs. the euro. As yet no firming is apparent vs. the Swiss franc or the US dollar.
Hungarian Forint Stable As Czech Koruna Gathers Speed
- 6 Jul 2010 2:00 AM
- business
"Monday witnessed minor fluctuations in the exchange rate of the Hungarian forint vs. major currencies, without a clear trend or direction. The lack of interesting developments reflects tranquillity in global markets as US markets remained closed for the day. Meanwhile the Czech koruna, typically the most stable of CEE currencies, has gained over 0.5%.
Hungary Stands Out In The European Union
- 28 May 2010 1:00 AM
- business
"The European Union has broken up into four or five well-definable groups with respect to the health of their economy and the fiscal policy they had chosen to adopt in a bid to remain standing amidst the strong winds of the crisis. Hungary is not in any of these.
That's All For Now Folks! Market Expects Halt In Rate Cuts In Hungary
- 27 May 2010 2:00 AM
- business
"The National Bank of Hungary (NBH) will end its rate cut cycle next Monday, analysts’ consensus forecast showed in a Portfolio.hu poll on Wednesday. Their key argument is the palpable deterioration of the global investment environment, but several analysts also pointed to growing uncertainties about the incoming government’s economic policy.
Markets Will Be Quick To Punish Any Expansionary Budget Policy In Hungary
- 17 May 2010 4:00 AM
- business
"Hungary’s currency and bonds may weaken on investor concern the new government will widen the budget deficit as the Greek crisis pushes the European Union to cap shortfalls, Bloomberg reported on Friday, citing analysts, who warned that the market will be quick to punish any expansionary budget policy.
Hungary Forint Starts Off On Weaker Footing Over Mood Decay
- 14 May 2010 4:00 AM
- business
"Global investor sentiment has deteriorated somewhat since late Thursday, which nudged Hungary’s forint away from its over-one-week high versus the euro. The US dollar remains extremely strong to the EUR and is currently around its 12-m high. A number of key US macro data are in the pipeline for today that could have a marked impact on investor sentiment.
Gas Prices Seen Rising 15-20% In Hungary As Of July
- 15 Jul 2010 2:00 AM
- shopping
"Hungary’s licensed natural gas service providers could request a 15-20% price hike as of July, local daily Népszabadság reported. Their main argument could be the weakening of the forint versus the US dollar, it added.
Hungary's Industry Swings To The Fast Lane In May
- 15 Jul 2010 1:00 AM
- business
"Hungary’s industrial production rose by 5.4% month on month in May, accelerating from 1.2% in April, according to final figures published by the Central Statistics Office (KSH) on Wednesday. IP was up 13.7% year on year, according to both unadjusted and working-day-adjusted figures, up from 9.7% in April. The preliminary numbers were the same.
PM Orbán, OTP Bank Chief Csányi On Hungary Bank Tax
- 9 Jul 2010 1:00 AM
- business
"Hungary is not going to open a debate on the 2010 banking tax, not even with international lenders, Prime Minister Viktor Orbán said after a meeting with OTP President and CEO Sándor Csányi on Thursday. Csányi said he believed it was impossible that banks would seek to pass on the tax burden to clients. OTP is estimated to pay HUF 35 billion bank tax this year.
Hungarian Forint At 1-Week Peak
- 8 Jul 2010 2:00 AM
- business
"Wednesday’s opening bells in the US have filled the air with optimism in worldwide markets, which have propelled the forint to a 1-week high vs. the euro. As yet no firming is apparent vs. the Swiss franc or the US dollar.
Hungarian Forint Stable As Czech Koruna Gathers Speed
- 6 Jul 2010 2:00 AM
- business
"Monday witnessed minor fluctuations in the exchange rate of the Hungarian forint vs. major currencies, without a clear trend or direction. The lack of interesting developments reflects tranquillity in global markets as US markets remained closed for the day. Meanwhile the Czech koruna, typically the most stable of CEE currencies, has gained over 0.5%.
Hungary Stands Out In The European Union
- 28 May 2010 1:00 AM
- business
"The European Union has broken up into four or five well-definable groups with respect to the health of their economy and the fiscal policy they had chosen to adopt in a bid to remain standing amidst the strong winds of the crisis. Hungary is not in any of these.
That's All For Now Folks! Market Expects Halt In Rate Cuts In Hungary
- 27 May 2010 2:00 AM
- business
"The National Bank of Hungary (NBH) will end its rate cut cycle next Monday, analysts’ consensus forecast showed in a Portfolio.hu poll on Wednesday. Their key argument is the palpable deterioration of the global investment environment, but several analysts also pointed to growing uncertainties about the incoming government’s economic policy.
Markets Will Be Quick To Punish Any Expansionary Budget Policy In Hungary
- 17 May 2010 4:00 AM
- business
"Hungary’s currency and bonds may weaken on investor concern the new government will widen the budget deficit as the Greek crisis pushes the European Union to cap shortfalls, Bloomberg reported on Friday, citing analysts, who warned that the market will be quick to punish any expansionary budget policy.
Hungary Forint Starts Off On Weaker Footing Over Mood Decay
- 14 May 2010 4:00 AM
- business
"Global investor sentiment has deteriorated somewhat since late Thursday, which nudged Hungary’s forint away from its over-one-week high versus the euro. The US dollar remains extremely strong to the EUR and is currently around its 12-m high. A number of key US macro data are in the pipeline for today that could have a marked impact on investor sentiment.