363 result(s) for governor
National Bank of Hungary Contributes HUF 200bn To Educational Foundations
- 29 Aug 2014 9:00 AM
- community & culture
The National Bank of Hungary has contributed 200 billion forints (EUR 639m) to four foundations established to support instruction in economics and finance. Central bank governor Gyorgy Matolcsy said in an interview with Vs.hu that Hungary’s success in the coming decades would depend on renewing the teaching of economics and finance, and this required new institutions, new instructors and new ...
Former MNB Vice-Governor: Hungary Needs A Miracle
- 25 Aug 2014 9:00 AM
- business
Hungary’s national debt of 85.1% of GDP is so high that it will take a miracle for the government to avoid breaking its own constitutional stipulation that it set out in the Basic Law, former National Bank of Hungary (MNB) vice-governor Zoltán Bodnár said this week.
Hungary National Debt Reaches 85% Of GDP
- 20 Aug 2014 9:00 AM
- business
“The Day of Collapse is approaching. The cabinet’s dilettante economic policy and the central bank’s bad interest and forint policies have resulted in debt reaching its highest level in 20 years”. – Statement issued Monday by opposition political coalition Together-Dialogue for Hungary.
Parties Comment On Hungary Debt Ratio Rise
- 19 Aug 2014 10:00 AM
- current affairs
Hungary’s public debt, calculated at nominal value, in line with Maastricht methodology, reached 25,432 billion forints (EUR 81.2bn), or 85.1% of GDP, at the end of June, preliminary data on financial accounts published by the National Bank of Hungary (NBH) on Monday show. Transactions raised the debt by 434 billion forints during the period. The weaker forint boosted it by 65 billion forints. ...
Hungarian Daily Magyar Nemzet Urges Seszták To Quit
- 1 Aug 2014 9:00 AM
- current affairs
An editorial in Magyar Nemzet today calls on Development Minister Miklós Seszták to step down, due to his links with offshore companies. Seszták has argued that companies registered in Cyprus are not offshore companies, as they are incorporated in the EU, the editorial notes.
Foreign Parents To Be Hit By FX Bailout Costs In Hungary, Says Fitch
- 9 Jul 2014 9:00 AM
- business
Foreign owners will need to inject capital into their Hungarian units because of compensation lenders are asked to pay as part of a new law on relief for borrowers, Fitch Ratings said on Tuesday.
Hungary’s Central Bank Gov Matolcsy Sees Further Room To Manoeuvre On Rates
- 23 May 2014 9:00 AM
- business
Hungary’s central bank has room to manoeuvre on rates and there is a possibility of further small cuts, central bank governor György Matolcsy said on Thursday. He told a business event in London that the central bank’s monetary easing cycle started from a 7% base rate and it is currently at 2.5%.
Lenders Contest NBH Fines For Raising Client Fees In Hungary
- 7 May 2014 9:00 AM
- business
Nine Hungarian lenders, among them Raiffeisen, Erste and FHB, are contesting fines by the National Bank of Hungary levied for illegally raising client fees, business daily Napi Gazdaság says.
Socialists Call On Hungary’s Central Bank To Stop “Outrageous Spending”
- 18 Apr 2014 9:00 AM
- current affairs
The opposition Socialists on Thursday called on the governor of the National Bank of Hungary to drop an “outrageous” policy of spending over a hundred billion forints on purchasing new properties, as well as a Guarneri violin or a painting by Brueghel. Socialist lawmaker István Józsa referred to a report by news website Index on Wednesday, and said that the central bank was spending 90 billion ...
National Bank of Hungary Contributes HUF 200bn To Educational Foundations
- 29 Aug 2014 9:00 AM
- community & culture
The National Bank of Hungary has contributed 200 billion forints (EUR 639m) to four foundations established to support instruction in economics and finance. Central bank governor Gyorgy Matolcsy said in an interview with Vs.hu that Hungary’s success in the coming decades would depend on renewing the teaching of economics and finance, and this required new institutions, new instructors and new ...
Former MNB Vice-Governor: Hungary Needs A Miracle
- 25 Aug 2014 9:00 AM
- business
Hungary’s national debt of 85.1% of GDP is so high that it will take a miracle for the government to avoid breaking its own constitutional stipulation that it set out in the Basic Law, former National Bank of Hungary (MNB) vice-governor Zoltán Bodnár said this week.
Hungary National Debt Reaches 85% Of GDP
- 20 Aug 2014 9:00 AM
- business
“The Day of Collapse is approaching. The cabinet’s dilettante economic policy and the central bank’s bad interest and forint policies have resulted in debt reaching its highest level in 20 years”. – Statement issued Monday by opposition political coalition Together-Dialogue for Hungary.
Parties Comment On Hungary Debt Ratio Rise
- 19 Aug 2014 10:00 AM
- current affairs
Hungary’s public debt, calculated at nominal value, in line with Maastricht methodology, reached 25,432 billion forints (EUR 81.2bn), or 85.1% of GDP, at the end of June, preliminary data on financial accounts published by the National Bank of Hungary (NBH) on Monday show. Transactions raised the debt by 434 billion forints during the period. The weaker forint boosted it by 65 billion forints. ...
Hungarian Daily Magyar Nemzet Urges Seszták To Quit
- 1 Aug 2014 9:00 AM
- current affairs
An editorial in Magyar Nemzet today calls on Development Minister Miklós Seszták to step down, due to his links with offshore companies. Seszták has argued that companies registered in Cyprus are not offshore companies, as they are incorporated in the EU, the editorial notes.
Foreign Parents To Be Hit By FX Bailout Costs In Hungary, Says Fitch
- 9 Jul 2014 9:00 AM
- business
Foreign owners will need to inject capital into their Hungarian units because of compensation lenders are asked to pay as part of a new law on relief for borrowers, Fitch Ratings said on Tuesday.
Hungary’s Central Bank Gov Matolcsy Sees Further Room To Manoeuvre On Rates
- 23 May 2014 9:00 AM
- business
Hungary’s central bank has room to manoeuvre on rates and there is a possibility of further small cuts, central bank governor György Matolcsy said on Thursday. He told a business event in London that the central bank’s monetary easing cycle started from a 7% base rate and it is currently at 2.5%.
Lenders Contest NBH Fines For Raising Client Fees In Hungary
- 7 May 2014 9:00 AM
- business
Nine Hungarian lenders, among them Raiffeisen, Erste and FHB, are contesting fines by the National Bank of Hungary levied for illegally raising client fees, business daily Napi Gazdaság says.
Socialists Call On Hungary’s Central Bank To Stop “Outrageous Spending”
- 18 Apr 2014 9:00 AM
- current affairs
The opposition Socialists on Thursday called on the governor of the National Bank of Hungary to drop an “outrageous” policy of spending over a hundred billion forints on purchasing new properties, as well as a Guarneri violin or a painting by Brueghel. Socialist lawmaker István Józsa referred to a report by news website Index on Wednesday, and said that the central bank was spending 90 billion ...