94 result(s) for hungarian banking system
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 ...
Hungary Bank Owner Blames Press For Raiffeisen Deal Failure
- 18 Jan 2014 8:00 AM
- business
István Töröcskei blamed in part press reports for the failure of talks between Széchenyi Bank and Raiffeisen Bank International on the purchase of RBI’s business in Hungary, an interview with the Széchenyi Bank owner in Austrian daily Der Standard reveals.
Budget 2014: Inflation Projected At 2.4% And Budget Deficit At 2.9% In Hungary
- 23 Sep 2013 1:00 AM
- business
The Ministry for National Economy drafted next year’s budget with a deficit of 2.9 percent and an inflation rate of 2.4 percent, Minister Mihály Varga stated on Sunday. The Minister also disclosed that the Ministry calculated the 2014 Budget without revenues from the advertisement tax and the below 3 percent deficit target will be attainable even without that. “I anticipate only slight ...
Hungary's Minister Enikő Győri Discusses Current EU Affairs In London
- 16 Sep 2013 9:00 AM
- current affairs
Current EU issues including the institutional framework of the planned bank resolution mechanism and the situation of EU employers were in the focus of talks between Hungary's Minister of State in charge of EU affairs, Enikő Győri, and her British counterpart David Lidington on September 12, 2013.
Enikő Győri: Hungary Eill Not Be Forced To Exercise Its Veto
- 4 Jul 2013 9:00 AM
- current affairs
The negative reference to the judiciary’s independence was removed from the country-specific recommendations of the European Union for Hungary and was replaced by a more general statement on strengthening the judiciary, therefore Hungary will not be forced to exercise its right of veto – said MFA Minister of State Enikő Győri at a press meeting in Budapest on 26 June.
Hungarian Government Measures To Safeguard Achievements
- 18 Jun 2013 9:00 AM
- business
Hungarian people have made tremendous efforts to end the Excessive Deficit procedure against the country, but the result “shall be upheld and protected”, and that is the reason the Government has submitted new measures in Parliament, Government Spokesperson András Giró-Szász said, and Minister for National Economy Mihály Varga announced the concrete measures.
Hungary's Incoming Minister of National Economy Outlined Economic Policy Cornerstones
- 6 Mar 2013 8:01 AM
- current affairs
Mihály Varga has explained his views on Hungarian economic policy targets at hearings in the Parliament’s education and employment committees taking place yesterday and continuing today. The hearings took place prior to the Minister’s official appointment at the helm of the National Economy Ministry in a new post merging with his earlier position as chief negotiator with the IMF. The committees ...
Hungary's PM Met President Of The European Commission
- 1 Feb 2013 8:01 AM
- current affairs
Prime Minister Viktor Orbán met with President of the European Commission José Manuel Barroso on Wednesday in Brussels. After the meeting, the Hungarian Prime Minister stated that for Hungary it is a moral issue, rather than a political or economic one, that the excessive deficit procedure launched against the country since it joined the EU is ended.
Foreign Currency Debt Issuance May Not Be Necessary Next Year In Hungary
- 18 Dec 2012 8:00 AM
- business
According to Minister of National Economy György Matolcsy, Hungary may not need to issue foreign currency denominated government securities on international financial markets next year. That was one of the issues the Minister spoke about at the economic programme G7 of Hungary’s public service broadcaster Kossuth Radio on Saturday.
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 ...
Hungary Bank Owner Blames Press For Raiffeisen Deal Failure
- 18 Jan 2014 8:00 AM
- business
István Töröcskei blamed in part press reports for the failure of talks between Széchenyi Bank and Raiffeisen Bank International on the purchase of RBI’s business in Hungary, an interview with the Széchenyi Bank owner in Austrian daily Der Standard reveals.
Budget 2014: Inflation Projected At 2.4% And Budget Deficit At 2.9% In Hungary
- 23 Sep 2013 1:00 AM
- business
The Ministry for National Economy drafted next year’s budget with a deficit of 2.9 percent and an inflation rate of 2.4 percent, Minister Mihály Varga stated on Sunday. The Minister also disclosed that the Ministry calculated the 2014 Budget without revenues from the advertisement tax and the below 3 percent deficit target will be attainable even without that. “I anticipate only slight ...
Hungary's Minister Enikő Győri Discusses Current EU Affairs In London
- 16 Sep 2013 9:00 AM
- current affairs
Current EU issues including the institutional framework of the planned bank resolution mechanism and the situation of EU employers were in the focus of talks between Hungary's Minister of State in charge of EU affairs, Enikő Győri, and her British counterpart David Lidington on September 12, 2013.
Enikő Győri: Hungary Eill Not Be Forced To Exercise Its Veto
- 4 Jul 2013 9:00 AM
- current affairs
The negative reference to the judiciary’s independence was removed from the country-specific recommendations of the European Union for Hungary and was replaced by a more general statement on strengthening the judiciary, therefore Hungary will not be forced to exercise its right of veto – said MFA Minister of State Enikő Győri at a press meeting in Budapest on 26 June.
Hungarian Government Measures To Safeguard Achievements
- 18 Jun 2013 9:00 AM
- business
Hungarian people have made tremendous efforts to end the Excessive Deficit procedure against the country, but the result “shall be upheld and protected”, and that is the reason the Government has submitted new measures in Parliament, Government Spokesperson András Giró-Szász said, and Minister for National Economy Mihály Varga announced the concrete measures.
Hungary's Incoming Minister of National Economy Outlined Economic Policy Cornerstones
- 6 Mar 2013 8:01 AM
- current affairs
Mihály Varga has explained his views on Hungarian economic policy targets at hearings in the Parliament’s education and employment committees taking place yesterday and continuing today. The hearings took place prior to the Minister’s official appointment at the helm of the National Economy Ministry in a new post merging with his earlier position as chief negotiator with the IMF. The committees ...
Hungary's PM Met President Of The European Commission
- 1 Feb 2013 8:01 AM
- current affairs
Prime Minister Viktor Orbán met with President of the European Commission José Manuel Barroso on Wednesday in Brussels. After the meeting, the Hungarian Prime Minister stated that for Hungary it is a moral issue, rather than a political or economic one, that the excessive deficit procedure launched against the country since it joined the EU is ended.
Foreign Currency Debt Issuance May Not Be Necessary Next Year In Hungary
- 18 Dec 2012 8:00 AM
- business
According to Minister of National Economy György Matolcsy, Hungary may not need to issue foreign currency denominated government securities on international financial markets next year. That was one of the issues the Minister spoke about at the economic programme G7 of Hungary’s public service broadcaster Kossuth Radio on Saturday.