184 result(s) for foreign financing
Xpat Opinion: Media Strategies 9 Months Before The Elections In Hungary
- 13 Aug 2013 9:00 AM
- current affairs
A moderate right-wing weekly suspects that the media multinationals may take the risk of supporting opposition forces in their quest to win next year’s election. Népszabadság, meanwhile, may be bought back by a Socialist foundation.
IMF Loan To Hungary Fully Repaid
- 12 Aug 2013 3:00 AM
- business
The Government has redeemed the remainder of outstanding debt owed to the International Monetary Fund in three foreign currencies, US dollars, Euros and British pounds, as required by the institution. The Government Debt Management Agency transferred USD 1.1bn, EUR 500 million and GBP 260 million for the early repayment. The amount of unutilised loan and proceeds from the USD-denominated ...
Hungary To Fully Repay IMF Loan By Mid-August
- 31 Jul 2013 9:02 AM
- business
On 15 July, Minister for National Economy Mihály Varga informed IMF Director Reza Moghadam in a letter that Hungary intends to fully repay the IMF loan provided for the country in 2008 ahead of schedule, by 12 August 2013. This option is only open for countries with sufficient fiscal reserves, a stable budgetary policy and positive investor sentiment indicators.
Xpat Opinion: IMF Leaves Hungary
- 17 Jul 2013 9:00 AM
- current affairs
A left-wing commentator thinks it is unreasonable to replace a cheap loan with more expensive ones, therefore the government’s decision must be based on political calculations. A business news site suggests that getting rid of the IMF may prove politically profitable for the governing right wing.
Capital Inflow & Outflow In Hungary Broke Records Last Year
- 28 May 2013 9:00 AM
- business
Last year, the amount of foreign direct investments totalled EUR 10.462bn in Hungary, which exceeds the previous year’s figure by EUR 6.7bn and which is the largest amount ever recorded. The amount of outbound FDI by Hungarian enterprises in 2012 was EUR 8.210bn, EUR 5bn above the level registered one year earlier.
PM Orbán: Half Of Banks Should Be Hungarian-Owned
- 13 Mar 2013 8:00 AM
- business
Half of Hungary’s bank sector should be Hungarian-owned and foreign-currency loans owed by SMEs should be converted into forints, Prime Minister Viktor Orbán said Tuesday during a wide-ranging speech on economic policy. Speaking at a Hungarian Chamber of Commerce and Industry (MKIK) meeting, Orbán said the credit crunch in Hungary came about because foreign-owned banks withdrew money from Hungary
Hungary Defies EU Over Energy Distribution Rules
- 28 Feb 2013 8:00 AM
- current affairs
Hungary expects “a big debate” with the European Union over its plans to transform energy distribution in the household sector into a "non-profit activity", the country’s Prime Minister Viktor Orbán said today (22 August). In Brussels, the European Commission declined to comment, saying it learnt of the plans from the press.
Tensions Rise Between State Audit Office & Hungarian National Bank
- 19 Feb 2013 8:01 AM
- current affairs
The National Bank overstepped its authority by handing over confidential data to the IMF, the State Audit Office (ASZ) said, firing the latest shot in a recent dispute between the two institutions. In response, MNB governor Andras Simor said on ATV Wednesday that the central bank had not violated any rules in handing over the data at the request of the IMF.
Budapest Public Transport Tickets & Passes Available In 2013
- 11 Jan 2013 8:00 AM
- getting around
BKK, the transport-organising authority of Budapest is introducing new types of passes and travelcards this year in order to ensure a more cost-efficient and convenient travel experience for our customers. The prices of tickets and passes are increasing in line with inflation, but the price of student and pensioner passes remains the same in 2013.
Xpat Opinion: Media Strategies 9 Months Before The Elections In Hungary
- 13 Aug 2013 9:00 AM
- current affairs
A moderate right-wing weekly suspects that the media multinationals may take the risk of supporting opposition forces in their quest to win next year’s election. Népszabadság, meanwhile, may be bought back by a Socialist foundation.
IMF Loan To Hungary Fully Repaid
- 12 Aug 2013 3:00 AM
- business
The Government has redeemed the remainder of outstanding debt owed to the International Monetary Fund in three foreign currencies, US dollars, Euros and British pounds, as required by the institution. The Government Debt Management Agency transferred USD 1.1bn, EUR 500 million and GBP 260 million for the early repayment. The amount of unutilised loan and proceeds from the USD-denominated ...
Hungary To Fully Repay IMF Loan By Mid-August
- 31 Jul 2013 9:02 AM
- business
On 15 July, Minister for National Economy Mihály Varga informed IMF Director Reza Moghadam in a letter that Hungary intends to fully repay the IMF loan provided for the country in 2008 ahead of schedule, by 12 August 2013. This option is only open for countries with sufficient fiscal reserves, a stable budgetary policy and positive investor sentiment indicators.
Xpat Opinion: IMF Leaves Hungary
- 17 Jul 2013 9:00 AM
- current affairs
A left-wing commentator thinks it is unreasonable to replace a cheap loan with more expensive ones, therefore the government’s decision must be based on political calculations. A business news site suggests that getting rid of the IMF may prove politically profitable for the governing right wing.
Capital Inflow & Outflow In Hungary Broke Records Last Year
- 28 May 2013 9:00 AM
- business
Last year, the amount of foreign direct investments totalled EUR 10.462bn in Hungary, which exceeds the previous year’s figure by EUR 6.7bn and which is the largest amount ever recorded. The amount of outbound FDI by Hungarian enterprises in 2012 was EUR 8.210bn, EUR 5bn above the level registered one year earlier.
PM Orbán: Half Of Banks Should Be Hungarian-Owned
- 13 Mar 2013 8:00 AM
- business
Half of Hungary’s bank sector should be Hungarian-owned and foreign-currency loans owed by SMEs should be converted into forints, Prime Minister Viktor Orbán said Tuesday during a wide-ranging speech on economic policy. Speaking at a Hungarian Chamber of Commerce and Industry (MKIK) meeting, Orbán said the credit crunch in Hungary came about because foreign-owned banks withdrew money from Hungary
Hungary Defies EU Over Energy Distribution Rules
- 28 Feb 2013 8:00 AM
- current affairs
Hungary expects “a big debate” with the European Union over its plans to transform energy distribution in the household sector into a "non-profit activity", the country’s Prime Minister Viktor Orbán said today (22 August). In Brussels, the European Commission declined to comment, saying it learnt of the plans from the press.
Tensions Rise Between State Audit Office & Hungarian National Bank
- 19 Feb 2013 8:01 AM
- current affairs
The National Bank overstepped its authority by handing over confidential data to the IMF, the State Audit Office (ASZ) said, firing the latest shot in a recent dispute between the two institutions. In response, MNB governor Andras Simor said on ATV Wednesday that the central bank had not violated any rules in handing over the data at the request of the IMF.
Budapest Public Transport Tickets & Passes Available In 2013
- 11 Jan 2013 8:00 AM
- getting around
BKK, the transport-organising authority of Budapest is introducing new types of passes and travelcards this year in order to ensure a more cost-efficient and convenient travel experience for our customers. The prices of tickets and passes are increasing in line with inflation, but the price of student and pensioner passes remains the same in 2013.