163 result(s) for forint exchange rate
Hungary Gross Wages Up 13.1% Yr/Yr In July
- 21 Sep 2017 8:48 AM
- business
The average gross wage in Hungary rose by an annual 13.1% to 290,450 forints in July, the Central Statistical Office (KSH) said. Net wages grew at the same pace as gross wages, also growing by 13.1%, to 193,149 forints.
Hungary’s Larger Opposition Parties Call For Pension Reform
- 1 Sep 2017 3:00 AM
- current affairs
Hungary’s larger opposition parties agreed at a forum on Thursday on the need to reform Hungary’s pension system. Hungary currently operates a mandatory, defined-benefit pay-as-you-go pension system with a retirement age set at 63. A public minimum pension, set at a monthly 28,500 forints (EUR 93), is combined with an earnings-related pension. In late 2010, the government suspended the mandatory ...
Opposition Parties Reaffirm Demand For FX Borrower Remedies
- 22 Aug 2017 9:00 AM
- current affairs
After a special session of parliament convened by the opposition to debate the situation of tens of thousands of Hungarians who still hold loans borrowed in foreign currency failed to go ahead because Fidesz and its Christian Democrats ally stayed away, opposition parties condemned the ruling alliance for refusing to help the troubled loan-holders.
Local Opinion: Does Hungary Need The Euro?
- 10 Jul 2017 8:48 AM
- current affairs
A conservative economist ponders the potential benefits and disadvantages of introducing the Euro in Hungary, and calls for a calm pragmatic approach.
Hungary Must Not Give Up Euro-Zone Aspirations, Says Varga
- 23 Jun 2017 8:40 AM
- business
Hungary’s economic policy cannot lose sight of its long-term goal to enable the country to eventually join the euro zone, the economy minister said on Thursday. Addressing a business lunch organised by the Joint Venture Alliance, Mihály Varga insisted at the same time that Hungary was in no rush to adopt the euro.
Legal Changes Taking Effect On 1 January In Hungary
- 2 Jan 2017 8:00 AM
- business
Hungary faces several legal changes as of Jan. 1, 2017, including a drop in the bank levy, whose upper bracket will be reduced by 3 basis points to 0.21 percent. The reduction in the tax comes as part of an agreement with the European Bank for Reconstruction and Development (EBRD).
Hungary’s Economy Minister Sees No Need For ‘Magic Tricks’ To Manage Debt
- 23 Dec 2016 8:04 AM
- business
A forint/euro exchange rate in the 310-315 range is slightly weaker than what the economy ministry had anticipated, but this does not affect the government’s debt reduction strategy, and there is no need for “magic tricks”, Economy Minister Mihály Varga told the Thursday edition of weekly Figyelő.
Govt Plans Major Easing In 2017 Budget Bill
- 7 Jun 2016 9:00 AM
- business
The 2.4% ESA deficit targeted by the government in the 2017 budget bill amounts to a considerable easing compared with the falling deficit trend set in Hungary’s 2015 convergence plan or expected in the NBH’s March Inflation Report, the National Bank of Hungary (NBH) said in its Budget Report.
Matolcsy: Criticism On Central Bank Foundations Political Bluff
- 9 May 2016 9:00 AM
- current affairs
Criticism of the central bank and its foundations is “political bluff”, the bank’s governor György Matolcsy said in an interview published in Friday’s daily Magyar Nemzet. Matolcsy said he highly valued the trust placed in him by Prime Minister Viktor Orbán and he was sure that they would continue to work together.
Hungary Gross Wages Up 13.1% Yr/Yr In July
- 21 Sep 2017 8:48 AM
- business
The average gross wage in Hungary rose by an annual 13.1% to 290,450 forints in July, the Central Statistical Office (KSH) said. Net wages grew at the same pace as gross wages, also growing by 13.1%, to 193,149 forints.
Hungary’s Larger Opposition Parties Call For Pension Reform
- 1 Sep 2017 3:00 AM
- current affairs
Hungary’s larger opposition parties agreed at a forum on Thursday on the need to reform Hungary’s pension system. Hungary currently operates a mandatory, defined-benefit pay-as-you-go pension system with a retirement age set at 63. A public minimum pension, set at a monthly 28,500 forints (EUR 93), is combined with an earnings-related pension. In late 2010, the government suspended the mandatory ...
Opposition Parties Reaffirm Demand For FX Borrower Remedies
- 22 Aug 2017 9:00 AM
- current affairs
After a special session of parliament convened by the opposition to debate the situation of tens of thousands of Hungarians who still hold loans borrowed in foreign currency failed to go ahead because Fidesz and its Christian Democrats ally stayed away, opposition parties condemned the ruling alliance for refusing to help the troubled loan-holders.
Local Opinion: Does Hungary Need The Euro?
- 10 Jul 2017 8:48 AM
- current affairs
A conservative economist ponders the potential benefits and disadvantages of introducing the Euro in Hungary, and calls for a calm pragmatic approach.
Hungary Must Not Give Up Euro-Zone Aspirations, Says Varga
- 23 Jun 2017 8:40 AM
- business
Hungary’s economic policy cannot lose sight of its long-term goal to enable the country to eventually join the euro zone, the economy minister said on Thursday. Addressing a business lunch organised by the Joint Venture Alliance, Mihály Varga insisted at the same time that Hungary was in no rush to adopt the euro.
Legal Changes Taking Effect On 1 January In Hungary
- 2 Jan 2017 8:00 AM
- business
Hungary faces several legal changes as of Jan. 1, 2017, including a drop in the bank levy, whose upper bracket will be reduced by 3 basis points to 0.21 percent. The reduction in the tax comes as part of an agreement with the European Bank for Reconstruction and Development (EBRD).
Hungary’s Economy Minister Sees No Need For ‘Magic Tricks’ To Manage Debt
- 23 Dec 2016 8:04 AM
- business
A forint/euro exchange rate in the 310-315 range is slightly weaker than what the economy ministry had anticipated, but this does not affect the government’s debt reduction strategy, and there is no need for “magic tricks”, Economy Minister Mihály Varga told the Thursday edition of weekly Figyelő.
Govt Plans Major Easing In 2017 Budget Bill
- 7 Jun 2016 9:00 AM
- business
The 2.4% ESA deficit targeted by the government in the 2017 budget bill amounts to a considerable easing compared with the falling deficit trend set in Hungary’s 2015 convergence plan or expected in the NBH’s March Inflation Report, the National Bank of Hungary (NBH) said in its Budget Report.
Matolcsy: Criticism On Central Bank Foundations Political Bluff
- 9 May 2016 9:00 AM
- current affairs
Criticism of the central bank and its foundations is “political bluff”, the bank’s governor György Matolcsy said in an interview published in Friday’s daily Magyar Nemzet. Matolcsy said he highly valued the trust placed in him by Prime Minister Viktor Orbán and he was sure that they would continue to work together.