580 result(s) for hungarian banks
Foreign Currency Loans To Be Eliminated From The Hungarian Market By End Of 2014
- 8 Jul 2014 10:00 AM
- business
Foreign-currency denominated loans will be eliminated from Hungary's lending market by way of converting them to forint loans before the end of this year, Minister of National Economy Mihály Varga told public media on Monday. Based on a Supreme Court ruling, deeming the rate spread applied to foreign currency loan constructions unfair, Parliament adopted on Friday a bailout package. According to ...
Hungarian Forint Slides To Two-Month Low On Inter Bank Market
- 27 Jun 2014 9:00 AM
- business
The forint was trading at 308.41 to the euro late Thursday on the interbank forex market, down from 307.02 late Wednesday. Also at 307.02 to the euro early Thursday, the forint moved between 306.62 and 309.26, a two-month low, during the day.
Advertising Tax Angers Hungarian Media
- 25 Jun 2014 9:00 AM
- current affairs
Its advocates call it a remedy to rectify the harm done by commercial television stations but its opponents see it as yet another move to narrow the freedom of the press.
International Gastroblues Festival, Hungary, 4 - 6 July
- 19 Jun 2014 9:00 AM
- entertainment
The festival with one of the greatest tradition in Hungary welcomes the fans of blues and other music styles at the city on the banks of the Danube. In the past more than two decades, on the first weekend of July Paks becomes a must-visit place, a sort of mandatory event for the fans of music, gastronomy and wine.
IMF: Hungary Economy Recovering But Shockprone
- 10 Jun 2014 9:00 AM
- business
Hungary’s economy is recovering but remains “susceptible to shocks”, an International Monetary Fund (IMF) staff report said on Friday. “The economy is recovering gradually, helped by supportive macroeconomic policies, favourable external conditions, and improved market confidence,” the IMF staff said, noting that this had supported Hungary’s financial stability during volatility in emerging ...
Roubini Sees Signs Of State Capitalism In Hungary
- 4 Jun 2014 9:00 AM
- current affairs
The Hungarian government’s policies show signs of state capitalism in certain areas, renowned economist Nouriel Roubini told a conference in Budapest on Tuesday. Roubini mentioned Hungary as an example of state capitalist tendencies in Central and Eastern Europe, where the role of the state increases to the detriment of market-oriented reforms.
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, ...
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.
World Touring Car Championship WTCC 2014, Hungaroring
- 29 Apr 2014 9:00 AM
- entertainment
At the beginning of May, motor sports fans can enjoy a treat: the World Touring Car Championships (WTCC) will be holding two races at the Hungaroring racetrack near Budapest, preceded by a May day public event on the Danube banks, complete with air show and star-studded activities!
Foreign Currency Loans To Be Eliminated From The Hungarian Market By End Of 2014
- 8 Jul 2014 10:00 AM
- business
Foreign-currency denominated loans will be eliminated from Hungary's lending market by way of converting them to forint loans before the end of this year, Minister of National Economy Mihály Varga told public media on Monday. Based on a Supreme Court ruling, deeming the rate spread applied to foreign currency loan constructions unfair, Parliament adopted on Friday a bailout package. According to ...
Hungarian Forint Slides To Two-Month Low On Inter Bank Market
- 27 Jun 2014 9:00 AM
- business
The forint was trading at 308.41 to the euro late Thursday on the interbank forex market, down from 307.02 late Wednesday. Also at 307.02 to the euro early Thursday, the forint moved between 306.62 and 309.26, a two-month low, during the day.
Advertising Tax Angers Hungarian Media
- 25 Jun 2014 9:00 AM
- current affairs
Its advocates call it a remedy to rectify the harm done by commercial television stations but its opponents see it as yet another move to narrow the freedom of the press.
International Gastroblues Festival, Hungary, 4 - 6 July
- 19 Jun 2014 9:00 AM
- entertainment
The festival with one of the greatest tradition in Hungary welcomes the fans of blues and other music styles at the city on the banks of the Danube. In the past more than two decades, on the first weekend of July Paks becomes a must-visit place, a sort of mandatory event for the fans of music, gastronomy and wine.
IMF: Hungary Economy Recovering But Shockprone
- 10 Jun 2014 9:00 AM
- business
Hungary’s economy is recovering but remains “susceptible to shocks”, an International Monetary Fund (IMF) staff report said on Friday. “The economy is recovering gradually, helped by supportive macroeconomic policies, favourable external conditions, and improved market confidence,” the IMF staff said, noting that this had supported Hungary’s financial stability during volatility in emerging ...
Roubini Sees Signs Of State Capitalism In Hungary
- 4 Jun 2014 9:00 AM
- current affairs
The Hungarian government’s policies show signs of state capitalism in certain areas, renowned economist Nouriel Roubini told a conference in Budapest on Tuesday. Roubini mentioned Hungary as an example of state capitalist tendencies in Central and Eastern Europe, where the role of the state increases to the detriment of market-oriented reforms.
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, ...
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.
World Touring Car Championship WTCC 2014, Hungaroring
- 29 Apr 2014 9:00 AM
- entertainment
At the beginning of May, motor sports fans can enjoy a treat: the World Touring Car Championships (WTCC) will be holding two races at the Hungaroring racetrack near Budapest, preceded by a May day public event on the Danube banks, complete with air show and star-studded activities!