617 result(s) for forint rate
IDC Predicts 2.6% Increase In Hungary’s IT Market
- 21 Mar 2014 3:00 AM
- tech
The Hungarian information technology market is likely to increase by 2.6% this year and generate total revenue of 701 billion forints (EUR 2.25bn), business daily Világgazdaság said on Friday, citing a forecast by the local unit of market researcher and advisory firm IDC.
Speaker Says Hungary Faced Total Bankruptcy In 2010
- 20 Mar 2014 8:00 AM
- current affairs
In 2010 when Fidesz came to power Hungary faced total bankruptcy and the new government inherited from its predecessor a debt of 500 billion forints (EUR 1.6bn), Speaker of Parliament László Kövér said. The government not only saved the country from economic and financial bankruptcy but put it on a growth course again, the speaker told a press conference in Balkány, in north-east Hungary.
Lawmakers Can Modify Forex Loan Contracts, Hungary’s Constitutional Court Rules
- 18 Mar 2014 8:00 AM
- property
Existing contracts for foreign-currency mortgages may be modified by legislation, Hungary’s Constitutional Court ruled. Its decision came after the government asked the court to weigh the constitutionality of several conditions in the forex loan contracts. Among the government’s concerns was that borrowers had not been warned of the risks that a falling exchange rate would have on their monthly ...
Cutting Base Rate Further Would Entail More Risks Than Benefits In Hungary
- 15 Mar 2014 8:00 AM
- business
Although the Monetary Council has theoretical room to further cut the base rate, given the global environment and investor sentiment, another rate cut could now increase risks exponentially, rate-setter Gyula Pleschinger said in an interview to commercial Gazdasági Rádió on Friday.
Hungary’s Gov Should Quit On Weak Forint, Says Mesterházy
- 14 Mar 2014 8:00 AM
- current affairs
The weak forint would be reason enough for the government to quit, the prime minister candidate of the left-wing opposition Unity alliance Attila Mesterházy said told a public forum in Tatabánya, in central Hungary.
Hungary’s Left Opposition Pledges Income Tax Changes Would Benefit Earners Below Huf 280,000
- 11 Mar 2014 8:00 AM
- business
All people earning below 280,000 forints (EUR 900) a month before tax would “do well” out of changes to the multi-bracket income tax system proposed by the left-of-centre Unity opposition alliance, a senior alliance politician said on Monday.
Hungarians Hoard Cash To Avoid Taxes
- 6 Mar 2014 8:00 AM
- business
Hungarians kept a record amount of cash at the end of last year, which analysts say is likely to be linked to the avoidance of the bank transaction fee and other types of tax, business daily Világgazdaság said. According to preliminary data from the central bank of Hungary, cash holdings came to 2.6 trillion forints (EUR 8.4bn) at the end of 2013, up 11% on 2012.
Hungary’s Forint Gradual Depreciation Won’t Stop NBH Easing - Analysts
- 4 Mar 2014 8:00 AM
- business
Hungary’s central bank remains biased to ease its monetary policy further, as gradual forint depreciation is seen as net positive for growth in Hungary, London-based emerging markets economists at JP Morgan said in a report highlighting key findings of a recent trip to Budapest. A 10% forint depreciation boosted exports by 2%, notwithstanding the 80% imported content of exports, they said.
Weakening Hungarian Forint Negates Utility Cuts, Says Bajnai
- 20 Feb 2014 8:00 AM
- current affairs
The recent weakening of the Hungarian currency, caused by the government’s “amateurish” economic policy impacts everyone in the country and negates results of the utility cut programme, Gordon Bajnai, head of the E-PM electoral alliance, said on Wednesday.
IDC Predicts 2.6% Increase In Hungary’s IT Market
- 21 Mar 2014 3:00 AM
- tech
The Hungarian information technology market is likely to increase by 2.6% this year and generate total revenue of 701 billion forints (EUR 2.25bn), business daily Világgazdaság said on Friday, citing a forecast by the local unit of market researcher and advisory firm IDC.
Speaker Says Hungary Faced Total Bankruptcy In 2010
- 20 Mar 2014 8:00 AM
- current affairs
In 2010 when Fidesz came to power Hungary faced total bankruptcy and the new government inherited from its predecessor a debt of 500 billion forints (EUR 1.6bn), Speaker of Parliament László Kövér said. The government not only saved the country from economic and financial bankruptcy but put it on a growth course again, the speaker told a press conference in Balkány, in north-east Hungary.
Lawmakers Can Modify Forex Loan Contracts, Hungary’s Constitutional Court Rules
- 18 Mar 2014 8:00 AM
- property
Existing contracts for foreign-currency mortgages may be modified by legislation, Hungary’s Constitutional Court ruled. Its decision came after the government asked the court to weigh the constitutionality of several conditions in the forex loan contracts. Among the government’s concerns was that borrowers had not been warned of the risks that a falling exchange rate would have on their monthly ...
Cutting Base Rate Further Would Entail More Risks Than Benefits In Hungary
- 15 Mar 2014 8:00 AM
- business
Although the Monetary Council has theoretical room to further cut the base rate, given the global environment and investor sentiment, another rate cut could now increase risks exponentially, rate-setter Gyula Pleschinger said in an interview to commercial Gazdasági Rádió on Friday.
Hungary’s Gov Should Quit On Weak Forint, Says Mesterházy
- 14 Mar 2014 8:00 AM
- current affairs
The weak forint would be reason enough for the government to quit, the prime minister candidate of the left-wing opposition Unity alliance Attila Mesterházy said told a public forum in Tatabánya, in central Hungary.
Hungary’s Left Opposition Pledges Income Tax Changes Would Benefit Earners Below Huf 280,000
- 11 Mar 2014 8:00 AM
- business
All people earning below 280,000 forints (EUR 900) a month before tax would “do well” out of changes to the multi-bracket income tax system proposed by the left-of-centre Unity opposition alliance, a senior alliance politician said on Monday.
Hungarians Hoard Cash To Avoid Taxes
- 6 Mar 2014 8:00 AM
- business
Hungarians kept a record amount of cash at the end of last year, which analysts say is likely to be linked to the avoidance of the bank transaction fee and other types of tax, business daily Világgazdaság said. According to preliminary data from the central bank of Hungary, cash holdings came to 2.6 trillion forints (EUR 8.4bn) at the end of 2013, up 11% on 2012.
Hungary’s Forint Gradual Depreciation Won’t Stop NBH Easing - Analysts
- 4 Mar 2014 8:00 AM
- business
Hungary’s central bank remains biased to ease its monetary policy further, as gradual forint depreciation is seen as net positive for growth in Hungary, London-based emerging markets economists at JP Morgan said in a report highlighting key findings of a recent trip to Budapest. A 10% forint depreciation boosted exports by 2%, notwithstanding the 80% imported content of exports, they said.
Weakening Hungarian Forint Negates Utility Cuts, Says Bajnai
- 20 Feb 2014 8:00 AM
- current affairs
The recent weakening of the Hungarian currency, caused by the government’s “amateurish” economic policy impacts everyone in the country and negates results of the utility cut programme, Gordon Bajnai, head of the E-PM electoral alliance, said on Wednesday.