1,814 result(s) for foreign national
Matolcsy: Forint Weakening Not Related To Hungary Fundamentals
- 19 Dec 2014 8:00 AM
- business
There is no special Hungarian story behind the latest weakening of the forint, the central bank’s governor György Matolcsy said. The National Bank of Hungary has no exchange rate target and is not compelled to intervene to stop the currency’s weakening, he said, adding that bank’s international reserves provided a decent buffer.
National Bank Of Hungary: Monetary Transmission To Be Strengthened By FX Loan Conversion
- 19 Dec 2014 8:00 AM
- business
Monetary transmission will be strengthened by the conversion of retail foreign-exchange loans into forints as it will eliminate the exposure of Hungarian households to foreign currency as well as the related risks, the National Bank of Hungary (NBH) said in its quarterly Inflation Report.
ÁKK: Hungary To Borrow USD 25 Billion In 2015
- 19 Dec 2014 8:00 AM
- current affairs
At a joint press conference held on Thursday 18 December, by the Ministry for National Economics and the State Debt Management Company (ÁKK), Deputy CEO László András Borbély presented Hungary’s national debt management plans for 2015.
Xpat Opnion: First State-Owned Hungarian Bank Is Already In Trouble
- 19 Dec 2014 12:00 AM
- current affairs
Great interest preceded a press conference held jointly by Prime Minister Viktor Orbán and György Matolcsy, governor of the Hungarian National Bank (HNB), this morning. What was so important that these two men would have to appear together in public? It had to be something momentous. Well, it was. The newly “nationalized” Magyar Külkereskedemi Bank (MKB) is in serious trouble and the Hungarian ...
RTL Group Files Complaint With EC Over Hungary Ad Tax
- 17 Dec 2014 8:00 AM
- current affairs
Luxembourg-based RTL Group filed an official complaint with the European Commission on Thursday over Hungary’s new tax on the advertising revenues of media outlets. RTL argues that the tax is “confiscatory” in that it aims to collect 80% of the tax (HUF 4,5 billion or USD 18,7 million) from an independent media group possessing just 13.5% market share.
Hungary’s Opposition Parties Slam Govt Plans
- 16 Dec 2014 8:00 AM
- current affairs
Opposition politicians savaged the government’s economic policies ahead of the budget vote. Socialist lawmaker Sándor Burány said that the budget was based on tax rises which had a common theme: the government was taxing everything it possibly could. The Socialist head of parliament’s budget committee said the government’s goal was to safeguard the deficit target while paying for “prestige ...
Hungarian Govt: No Risks In 2015 Budget
- 12 Dec 2014 8:00 AM
- business
Government officials have said there were no risks in the 2015 budget, noting that the budget had not taken into account the some 300 billion forints (EUR 980m) in profit the National Bank of Hungary is expected to generate and saying there was fiscal room for a number of big investments.
Xpat Opinion: US Senator McCain’s “Neofascist” Comment About Hungary's PM
- 10 Dec 2014 8:00 AM
- current affairs
The leading left-wing daily considers Senator McCain’s apparent description of PM Orbán as a “neofascist dictator” a gross exaggeration. A pro-government commentator believes that Senator McCain’s statements are confused, unfair and motivated by US economic interests.
Szijjártó: New Hungarian Foreign Policy Needed
- 9 Dec 2014 8:00 AM
- current affairs
Hungary needs a new foreign policy to respond to new global challenges, Foreign Minister Péter Szijjártó told parliament’s foreign affairs committee. This new policy is pragmatic, represents economic interests and focuses both on transatlantic and eastern relations to an equal degree.
Matolcsy: Forint Weakening Not Related To Hungary Fundamentals
- 19 Dec 2014 8:00 AM
- business
There is no special Hungarian story behind the latest weakening of the forint, the central bank’s governor György Matolcsy said. The National Bank of Hungary has no exchange rate target and is not compelled to intervene to stop the currency’s weakening, he said, adding that bank’s international reserves provided a decent buffer.
National Bank Of Hungary: Monetary Transmission To Be Strengthened By FX Loan Conversion
- 19 Dec 2014 8:00 AM
- business
Monetary transmission will be strengthened by the conversion of retail foreign-exchange loans into forints as it will eliminate the exposure of Hungarian households to foreign currency as well as the related risks, the National Bank of Hungary (NBH) said in its quarterly Inflation Report.
ÁKK: Hungary To Borrow USD 25 Billion In 2015
- 19 Dec 2014 8:00 AM
- current affairs
At a joint press conference held on Thursday 18 December, by the Ministry for National Economics and the State Debt Management Company (ÁKK), Deputy CEO László András Borbély presented Hungary’s national debt management plans for 2015.
Xpat Opnion: First State-Owned Hungarian Bank Is Already In Trouble
- 19 Dec 2014 12:00 AM
- current affairs
Great interest preceded a press conference held jointly by Prime Minister Viktor Orbán and György Matolcsy, governor of the Hungarian National Bank (HNB), this morning. What was so important that these two men would have to appear together in public? It had to be something momentous. Well, it was. The newly “nationalized” Magyar Külkereskedemi Bank (MKB) is in serious trouble and the Hungarian ...
RTL Group Files Complaint With EC Over Hungary Ad Tax
- 17 Dec 2014 8:00 AM
- current affairs
Luxembourg-based RTL Group filed an official complaint with the European Commission on Thursday over Hungary’s new tax on the advertising revenues of media outlets. RTL argues that the tax is “confiscatory” in that it aims to collect 80% of the tax (HUF 4,5 billion or USD 18,7 million) from an independent media group possessing just 13.5% market share.
Hungary’s Opposition Parties Slam Govt Plans
- 16 Dec 2014 8:00 AM
- current affairs
Opposition politicians savaged the government’s economic policies ahead of the budget vote. Socialist lawmaker Sándor Burány said that the budget was based on tax rises which had a common theme: the government was taxing everything it possibly could. The Socialist head of parliament’s budget committee said the government’s goal was to safeguard the deficit target while paying for “prestige ...
Hungarian Govt: No Risks In 2015 Budget
- 12 Dec 2014 8:00 AM
- business
Government officials have said there were no risks in the 2015 budget, noting that the budget had not taken into account the some 300 billion forints (EUR 980m) in profit the National Bank of Hungary is expected to generate and saying there was fiscal room for a number of big investments.
Xpat Opinion: US Senator McCain’s “Neofascist” Comment About Hungary's PM
- 10 Dec 2014 8:00 AM
- current affairs
The leading left-wing daily considers Senator McCain’s apparent description of PM Orbán as a “neofascist dictator” a gross exaggeration. A pro-government commentator believes that Senator McCain’s statements are confused, unfair and motivated by US economic interests.
Szijjártó: New Hungarian Foreign Policy Needed
- 9 Dec 2014 8:00 AM
- current affairs
Hungary needs a new foreign policy to respond to new global challenges, Foreign Minister Péter Szijjártó told parliament’s foreign affairs committee. This new policy is pragmatic, represents economic interests and focuses both on transatlantic and eastern relations to an equal degree.