617 result(s) for forint rate
Top Hungarian Court Rules On FX Loan Case
- 4 Jun 2014 9:00 AM
- property
The Kúria, Hungary’s supreme court, on Tuesday ruled invalid a clause in a contract for a loan denominated in foreign currency that stated the client received the loan at the bank’s buying exchange rate and paid it back at the selling rate.
Hungary's MNB Cuts Base Rate To New Record Low
- 28 May 2014 9:00 AM
- business
The MNB’s monetary council met analysts’ expectations yesterday by lowering the base rate from 2.5% to an all-time low of 2.4%. The rate cut was supported by the low inflation of around 0% and the strengthening forint, observed analyst Ákos Horváth of brokerage Equilor.
Hungarian Banks Face High Costs If Government Expands Rate-Cap Scheme, Says Bank Chief
- 20 May 2014 9:00 AM
- business
Expanding the government scheme to cap the exchange rate for forex mortgage repayments may well be a good solution for troubled debtors but would cost the banking sector dearly, Mihály Patai told the press. Patai, recently re-elected as chairman of Hungary’s Banking Association, said a decision by the Kúria, Hungary’s supreme court, on forex loans expected in the autumn would raise banks’ costs, ...
Hungary’s Convergence Plan Based On 3% Growth In 2017
- 30 Apr 2014 3:59 AM
- business
The government expects an economic growth of 3% and a budget deficit of 1.9% of economic output in 2017, Economy Minister Mihály Varga said presenting Hungary’s convergence plan on Friday.
Can Hungarian Economy Grow Without Causing Imbalances?
- 25 Apr 2014 9:00 AM
- business
A respected Hungarian economist, Tamás Mellár considers the potential consequences of parliamentary elections for Hungary's economic policy and the options the new government will have to choose from.
Xpat Opinion: Is The “Orbán Régime” Here To Stay In Hungary Until 2022?
- 22 Apr 2014 9:00 AM
- current affairs
In their analyses on the causes of the defeat of the Left at the elections on 6th April, commentators across the political spectrum believe that there will be no left-wing alternative to the incumbent government until the far reaching lessons of two consecutive electoral catastrophes are learned. Opinions differ, however about what those lessons are.
Exchange Rate Cap Scheme Participants 38% Of FX Mortgage Stock In Hungary
- 15 Apr 2014 9:00 AM
- property
Borrowers accounting for about 38% of the total stock of foreign currencydenominated mortgage loans in Hungary have joined an exchange rate cap scheme that aims to make repayments easier, fresh data from the National Bank of Hungary show.
The Budapest M4 Metro: A Study In Inefficiency And Waste
- 1 Apr 2014 9:00 AM
- getting around
Originally conceived in 1972 as a means for transporting commuters between Budafok (south-west Budapest) and downtown Pest, the decision to build the Budapest M4 metro was made in May 1991 during the first Demszky administration. Nol.hu writes that the project was started without permits, without the consent of owners, without the necessary management, and without moneymoney. With the exception ...
Xpat Opinion: Hungary's Parliament To Rewrite FX Loan Contracts
- 24 Mar 2014 8:00 AM
- property
In their commentaries on the Constitutional Court’s verdict on forex loans, analysts from across the political spectrum agree that it is the government’s responsibility to help indebted families. It is, however, unclear how loans denominated in foreign currencies could be converted into Forint credits without severe economic consequences.
Top Hungarian Court Rules On FX Loan Case
- 4 Jun 2014 9:00 AM
- property
The Kúria, Hungary’s supreme court, on Tuesday ruled invalid a clause in a contract for a loan denominated in foreign currency that stated the client received the loan at the bank’s buying exchange rate and paid it back at the selling rate.
Hungary's MNB Cuts Base Rate To New Record Low
- 28 May 2014 9:00 AM
- business
The MNB’s monetary council met analysts’ expectations yesterday by lowering the base rate from 2.5% to an all-time low of 2.4%. The rate cut was supported by the low inflation of around 0% and the strengthening forint, observed analyst Ákos Horváth of brokerage Equilor.
Hungarian Banks Face High Costs If Government Expands Rate-Cap Scheme, Says Bank Chief
- 20 May 2014 9:00 AM
- business
Expanding the government scheme to cap the exchange rate for forex mortgage repayments may well be a good solution for troubled debtors but would cost the banking sector dearly, Mihály Patai told the press. Patai, recently re-elected as chairman of Hungary’s Banking Association, said a decision by the Kúria, Hungary’s supreme court, on forex loans expected in the autumn would raise banks’ costs, ...
Hungary’s Convergence Plan Based On 3% Growth In 2017
- 30 Apr 2014 3:59 AM
- business
The government expects an economic growth of 3% and a budget deficit of 1.9% of economic output in 2017, Economy Minister Mihály Varga said presenting Hungary’s convergence plan on Friday.
Can Hungarian Economy Grow Without Causing Imbalances?
- 25 Apr 2014 9:00 AM
- business
A respected Hungarian economist, Tamás Mellár considers the potential consequences of parliamentary elections for Hungary's economic policy and the options the new government will have to choose from.
Xpat Opinion: Is The “Orbán Régime” Here To Stay In Hungary Until 2022?
- 22 Apr 2014 9:00 AM
- current affairs
In their analyses on the causes of the defeat of the Left at the elections on 6th April, commentators across the political spectrum believe that there will be no left-wing alternative to the incumbent government until the far reaching lessons of two consecutive electoral catastrophes are learned. Opinions differ, however about what those lessons are.
Exchange Rate Cap Scheme Participants 38% Of FX Mortgage Stock In Hungary
- 15 Apr 2014 9:00 AM
- property
Borrowers accounting for about 38% of the total stock of foreign currencydenominated mortgage loans in Hungary have joined an exchange rate cap scheme that aims to make repayments easier, fresh data from the National Bank of Hungary show.
The Budapest M4 Metro: A Study In Inefficiency And Waste
- 1 Apr 2014 9:00 AM
- getting around
Originally conceived in 1972 as a means for transporting commuters between Budafok (south-west Budapest) and downtown Pest, the decision to build the Budapest M4 metro was made in May 1991 during the first Demszky administration. Nol.hu writes that the project was started without permits, without the consent of owners, without the necessary management, and without moneymoney. With the exception ...
Xpat Opinion: Hungary's Parliament To Rewrite FX Loan Contracts
- 24 Mar 2014 8:00 AM
- property
In their commentaries on the Constitutional Court’s verdict on forex loans, analysts from across the political spectrum agree that it is the government’s responsibility to help indebted families. It is, however, unclear how loans denominated in foreign currencies could be converted into Forint credits without severe economic consequences.