90 result(s) for governor in Business
Opposition Slams Central Bank For Deals With Offshore Businesses
- 30 May 2016 9:00 AM
- business
The central bank and its foundations are doing business with offshore companies including property purchases and the bank has become a “five-star hotel for offshore knights”, the green opposition LMP said on Saturday. LMP has proposed in parliament that the central bank should transfer its profits to the central budget but the ruling majority has rejected this, deputy group leader Erzsébet ...
Growth ‘Sustainable For Now’
- 17 May 2016 9:00 AM
- business
Hungary can for the time being maintain slow economic growth of a middling rate in comparison with the region thanks to European Union subsidies and improvement in terms of trade, György Surányi told the daily Népszabadság. The former central bank governor said the current rate of growth however would lead to the country falling behind in the longer run.
NBH-Scandal – Jobbik Lambasts Central Bank Governor Over “Financing State”
- 4 May 2016 9:00 AM
- business
The opposition Jobbik party has called on György Matolcsy, governor of the National Bank of Hungary, to resign over recent scandals including purchases of state securities by the central bank’s foundations. Jobbik deputy leader Dániel Z Kárpát told a press conference on Monday that through those purchases the central bank has violated a prohibition of financing state operations, and has ...
New Wave Media To Acquire Hungarian Business Weekly Figyelő
- 25 Apr 2016 9:00 AM
- business
New Wave Media, publisher of daily online vs.hu, is set to purchase the business weekly Figyelő, reports 444.hu. The purchase would mark the latest in a string of acquisitions by New Wave Media, the media holding company owned by Tamás Szemerey, a cousin of longtime Fidesz member and current National Bank governor György Matolcsy.
TTIP Could Create 20,000-30,000 Jobs In Hungary
- 7 Apr 2016 9:00 AM
- business
The Transatlantic Trade and Investment Partnership (TTIP), a free trade agreement being negotiated between the United States and the European Union, could create 20,000-30,000 jobs in Hungary, according to participants at a conference organised by the British Embassy in Budapest.
Central Bank Pledges To Respect Top Court’s Ruling On Foundations
- 4 Apr 2016 9:00 AM
- business
The National Bank of Hungary (NBH) respects the ruling of the Constitutional Court and its foundations will disclose all data it is requested to make public, Deputy Governor Márton Nagy said. The top court ruled on Thursday that amendments to the law governing the central bank that give the NBH the legal power to decline public information requests concerning companies that support its ...
Top Court Says NBH Data Disclosure Amendments Unconstitutional
- 1 Apr 2016 9:00 AM
- business
Hungary’s Constitutional Court has ruled that amendments to the law governing the central bank that give the National Bank of Hungary the legal power to decline public information requests concerning companies that support its activities, or to classify such information with retroactive effect, are unconstitutional. In its ruling the top court noted that the central bank does a public service and ...
NBH Deputy Governor: Bank To Continue Easing Cycle
- 24 Mar 2016 8:00 AM
- business
Hungary’s central bank (NBH) will cut the base rate until it reaches a rate that is consistent with its inflation target, NBH deputy governor Márton Nagy told journalists. The bank wants to keep rate the key rate low for a sustained period, he said. The NBH’s inflation target is 3% in a +/-1 percentage-point tolerance band.
NBH Deputy Governor Says Cutting Key Rate This Year Very Likely
- 11 Mar 2016 8:00 AM
- business
It is “very likely” that the central bank will cuts its key rate— currently 1.35%—this year, National Bank of Hungary (NBH) deputy governor Márton Nagy said at a conference of business weekly Figyelő. Nagy said the risk of the NBH missing its CPI target is great under current monetary conditions, Hungary instantly imports low external CPI, inflation expectations have never been this low and risk ...
Opposition Slams Central Bank For Deals With Offshore Businesses
- 30 May 2016 9:00 AM
- business
The central bank and its foundations are doing business with offshore companies including property purchases and the bank has become a “five-star hotel for offshore knights”, the green opposition LMP said on Saturday. LMP has proposed in parliament that the central bank should transfer its profits to the central budget but the ruling majority has rejected this, deputy group leader Erzsébet ...
Growth ‘Sustainable For Now’
- 17 May 2016 9:00 AM
- business
Hungary can for the time being maintain slow economic growth of a middling rate in comparison with the region thanks to European Union subsidies and improvement in terms of trade, György Surányi told the daily Népszabadság. The former central bank governor said the current rate of growth however would lead to the country falling behind in the longer run.
NBH-Scandal – Jobbik Lambasts Central Bank Governor Over “Financing State”
- 4 May 2016 9:00 AM
- business
The opposition Jobbik party has called on György Matolcsy, governor of the National Bank of Hungary, to resign over recent scandals including purchases of state securities by the central bank’s foundations. Jobbik deputy leader Dániel Z Kárpát told a press conference on Monday that through those purchases the central bank has violated a prohibition of financing state operations, and has ...
New Wave Media To Acquire Hungarian Business Weekly Figyelő
- 25 Apr 2016 9:00 AM
- business
New Wave Media, publisher of daily online vs.hu, is set to purchase the business weekly Figyelő, reports 444.hu. The purchase would mark the latest in a string of acquisitions by New Wave Media, the media holding company owned by Tamás Szemerey, a cousin of longtime Fidesz member and current National Bank governor György Matolcsy.
TTIP Could Create 20,000-30,000 Jobs In Hungary
- 7 Apr 2016 9:00 AM
- business
The Transatlantic Trade and Investment Partnership (TTIP), a free trade agreement being negotiated between the United States and the European Union, could create 20,000-30,000 jobs in Hungary, according to participants at a conference organised by the British Embassy in Budapest.
Central Bank Pledges To Respect Top Court’s Ruling On Foundations
- 4 Apr 2016 9:00 AM
- business
The National Bank of Hungary (NBH) respects the ruling of the Constitutional Court and its foundations will disclose all data it is requested to make public, Deputy Governor Márton Nagy said. The top court ruled on Thursday that amendments to the law governing the central bank that give the NBH the legal power to decline public information requests concerning companies that support its ...
Top Court Says NBH Data Disclosure Amendments Unconstitutional
- 1 Apr 2016 9:00 AM
- business
Hungary’s Constitutional Court has ruled that amendments to the law governing the central bank that give the National Bank of Hungary the legal power to decline public information requests concerning companies that support its activities, or to classify such information with retroactive effect, are unconstitutional. In its ruling the top court noted that the central bank does a public service and ...
NBH Deputy Governor: Bank To Continue Easing Cycle
- 24 Mar 2016 8:00 AM
- business
Hungary’s central bank (NBH) will cut the base rate until it reaches a rate that is consistent with its inflation target, NBH deputy governor Márton Nagy told journalists. The bank wants to keep rate the key rate low for a sustained period, he said. The NBH’s inflation target is 3% in a +/-1 percentage-point tolerance band.
NBH Deputy Governor Says Cutting Key Rate This Year Very Likely
- 11 Mar 2016 8:00 AM
- business
It is “very likely” that the central bank will cuts its key rate— currently 1.35%—this year, National Bank of Hungary (NBH) deputy governor Márton Nagy said at a conference of business weekly Figyelő. Nagy said the risk of the NBH missing its CPI target is great under current monetary conditions, Hungary instantly imports low external CPI, inflation expectations have never been this low and risk ...