707 result(s) for hungarian central bank
Analysts Expect Hungarian National Bank Announcement Re Liquidity
- 14 Dec 2015 8:00 AM
- business
The MNB’s monetary council is widely expected to keep the rate on hold at 1.35% at the last rate-setting meeting of the year on Tuesday. Instead, analysts are turning their attention to the possible expansion of non-conventional monetary tools, designed to redirect deposits held at the central bank by banks to the bond market. The MNB is also expected to announce its revised growth targets.
Hungarian Govt Proposes Reduced Banking Tax From Jan 1
- 12 Dec 2015 8:00 AM
- business
The government has proposed lowering the banking tax as of January 2016 from 0.31% to 0.24%, the economy ministry said. The reduction was proposed based on informal signals from the European Commission and an agreement with the European Bank for Reconstruction and Development (EBRD), the ministry said. The tax’s lower bracket would remain the same, 0.15% up to 50 billion forints.
Third Of Hungarians Spend Savings On Christmas Gifts, Survey Reveals
- 10 Dec 2015 8:00 AM
- shopping
Technical devices are still the most popular Christmas gifts in Hungary, economic news portal vg.hu said in its latest market roundup. According to a recent survey conducted by K&H Bank, Hungarians spend 43 thousand forints (approx. €140) on average during Christmas shopping season, including 29 thousand forints spent on gifts and presents.
Pákh Appeals Against Hungarian Heritage Centre’s Decision On ‘Golgotha’ Painting
- 7 Dec 2015 8:00 AM
- community & culture
Imre Pákh, the New York-based art collector of Hungarian origin who owns Mihály Munkácsy’s 19th century painting “Golgotha” - currently on loan to Hungary -- has submitted an appeal against the decision which prevents the landmark painting’s removal from the country, daily Magyar Idők said. The Forster Gyula National Heritage and Asset Management Centre has added two paintings in Munkácsy’s ...
Hungarian Government Office Chief Lázár Praises Tusk, Condemns Soros
- 4 Dec 2015 8:00 AM
- current affairs
The government office chief welcomed European Council President Donald Tusk’s demand for measures to stanch the wave of migrants. Meanwhile, Lázár claimed that a civil organisation sponsored by Hungarianborn financier George Soros has launched a signature campaign against Hungary, saying that it is hard to understand what the Hungarianborn US businessman’s problem with his home country is.
Reactions To Quaestor Compensation Law In Hungary
- 18 Nov 2015 8:00 AM
- business
Hungary’s ruling Fidesz party said the Constitutional Court’s decision to axe parts of a law on compensation for investors of failed brokerage Quaestor served the interests of the banking sector, while opposition parties once again called on the government and central bank to take responsibility for the scandal. Tuesday’s Constitutional Court ruling concerns the law governing a top-up fund which ...
Hungarian Forint Joins CLS Multi-Currency Cash Settlement System
- 17 Nov 2015 8:00 AM
- business
Hungary’s forint has become part of the CLS (Continuous Linked Settlement) system that settles payment instructions relating to underlying FX transactions, the company (CLS Group - CLS) said. The Hungarian unit is the first central and eastern European currency to be added to the CLS settlement system, and the 18th overall, they said. “CLS ... has started settling payment instructions in the ...
NBH Governor: Hungary Sees Price, Financial Stability Since 2013
- 5 Nov 2015 8:00 AM
- business
Hungary has enjoyed price and financial stability since 2013, when changes got under way at the central bank, the bank’s governor, György Matolcsy, said. Addressing lawmakers in parliament in a debate of the bank’s 2012, 2013 and 2014 business reports, Matolcsy said the bank’s new leadership in place since March 2013 had returned to a “responsible, conservative, but creatively functioning” path ...
Quaestor Brokerage Scandal Victims Protest At Parliament
- 3 Nov 2015 8:00 AM
- current affairs
Around one hundred people, including several opposition politicians, demanded compensation for victims of the Quaestor brokerage scandal near parliament. Deputy leader of the opposition Együtt party Levente Pápa said lawmakers will decide on Tuesday whether to guarantee cash compensation by the state in the law compensating investors of failed brokerage Quaestor, giving Hungarians who lost their ...
Analysts Expect Hungarian National Bank Announcement Re Liquidity
- 14 Dec 2015 8:00 AM
- business
The MNB’s monetary council is widely expected to keep the rate on hold at 1.35% at the last rate-setting meeting of the year on Tuesday. Instead, analysts are turning their attention to the possible expansion of non-conventional monetary tools, designed to redirect deposits held at the central bank by banks to the bond market. The MNB is also expected to announce its revised growth targets.
Hungarian Govt Proposes Reduced Banking Tax From Jan 1
- 12 Dec 2015 8:00 AM
- business
The government has proposed lowering the banking tax as of January 2016 from 0.31% to 0.24%, the economy ministry said. The reduction was proposed based on informal signals from the European Commission and an agreement with the European Bank for Reconstruction and Development (EBRD), the ministry said. The tax’s lower bracket would remain the same, 0.15% up to 50 billion forints.
Third Of Hungarians Spend Savings On Christmas Gifts, Survey Reveals
- 10 Dec 2015 8:00 AM
- shopping
Technical devices are still the most popular Christmas gifts in Hungary, economic news portal vg.hu said in its latest market roundup. According to a recent survey conducted by K&H Bank, Hungarians spend 43 thousand forints (approx. €140) on average during Christmas shopping season, including 29 thousand forints spent on gifts and presents.
Pákh Appeals Against Hungarian Heritage Centre’s Decision On ‘Golgotha’ Painting
- 7 Dec 2015 8:00 AM
- community & culture
Imre Pákh, the New York-based art collector of Hungarian origin who owns Mihály Munkácsy’s 19th century painting “Golgotha” - currently on loan to Hungary -- has submitted an appeal against the decision which prevents the landmark painting’s removal from the country, daily Magyar Idők said. The Forster Gyula National Heritage and Asset Management Centre has added two paintings in Munkácsy’s ...
Hungarian Government Office Chief Lázár Praises Tusk, Condemns Soros
- 4 Dec 2015 8:00 AM
- current affairs
The government office chief welcomed European Council President Donald Tusk’s demand for measures to stanch the wave of migrants. Meanwhile, Lázár claimed that a civil organisation sponsored by Hungarianborn financier George Soros has launched a signature campaign against Hungary, saying that it is hard to understand what the Hungarianborn US businessman’s problem with his home country is.
Reactions To Quaestor Compensation Law In Hungary
- 18 Nov 2015 8:00 AM
- business
Hungary’s ruling Fidesz party said the Constitutional Court’s decision to axe parts of a law on compensation for investors of failed brokerage Quaestor served the interests of the banking sector, while opposition parties once again called on the government and central bank to take responsibility for the scandal. Tuesday’s Constitutional Court ruling concerns the law governing a top-up fund which ...
Hungarian Forint Joins CLS Multi-Currency Cash Settlement System
- 17 Nov 2015 8:00 AM
- business
Hungary’s forint has become part of the CLS (Continuous Linked Settlement) system that settles payment instructions relating to underlying FX transactions, the company (CLS Group - CLS) said. The Hungarian unit is the first central and eastern European currency to be added to the CLS settlement system, and the 18th overall, they said. “CLS ... has started settling payment instructions in the ...
NBH Governor: Hungary Sees Price, Financial Stability Since 2013
- 5 Nov 2015 8:00 AM
- business
Hungary has enjoyed price and financial stability since 2013, when changes got under way at the central bank, the bank’s governor, György Matolcsy, said. Addressing lawmakers in parliament in a debate of the bank’s 2012, 2013 and 2014 business reports, Matolcsy said the bank’s new leadership in place since March 2013 had returned to a “responsible, conservative, but creatively functioning” path ...
Quaestor Brokerage Scandal Victims Protest At Parliament
- 3 Nov 2015 8:00 AM
- current affairs
Around one hundred people, including several opposition politicians, demanded compensation for victims of the Quaestor brokerage scandal near parliament. Deputy leader of the opposition Együtt party Levente Pápa said lawmakers will decide on Tuesday whether to guarantee cash compensation by the state in the law compensating investors of failed brokerage Quaestor, giving Hungarians who lost their ...