707 result(s) for hungarian central bank
Hungary’s Central Bank Keeps Base Rate On Hold At 1.35%, As Expected
- 26 Aug 2015 9:00 AM
- business
Hungarian rate-setters on Tuesday kept the central bank’s key rate on hold at 1.35%, as expected. The decision was widely expected, after the rate-setters clearly signalled an end to an easing cycle at the previous monthly policy meeting. Central bank governor György Matolcsy said at the time that the earlier series of 15 basis point cuts carried out for five consecutive months would soon come to ...
Art Acquisitions Not Monetary Financing, Says Hungarian National Bank
- 3 Aug 2015 9:00 AM
- community & culture
The central bank’s art acquisition programme is not a type of monetary financing and neither does it use tax income or impact the central budget, the National Bank of Hungary said. All acquisitions will be accessible to the general public via museums or public collections, the bank said in a statement. The programme creates a stable investment while the country is also culturally enriched without ...
Pákh Vows To Sue Hungary Over Status Of Painting
- 31 Jul 2015 9:00 AM
- current affairs
Art collector Imre Pákh will go to court if the government follows through on its promise to forbid him from taking the painting Golgotha by 19th-century artist Mihály Munkácsy out of the country, lawyer Gábor Holló told Népszabadság on Thursday. Pákh is willing to sell the work for $9 million, but the government is offering to pay only $6 million.
Hungarian-Born American Art Collector Gives Grace Period For “Golgotha”
- 26 Jun 2015 9:00 AM
- community & culture
The Hungarian-born American art collector Imre Pákh told MTI he will not take measures to remove Mihály Munkácsy’s monumental painting “Golgotha” from a Debrecen gallery until the end of the summer. Earlier, Pákh said the painting would be removed from the Déri Museum on June 25, after talks on its sale to the state of Hungary reached an impasse.
Hungarian Analysts See Continued Easing On Ties
- 23 Jun 2015 9:00 AM
- business
Hungarian analysts expect the National Bank of Hungary to continue an easing cycle at a steady pace at a policy meeting. K and H chief analyst Dávid Németh said the central bank’s Monetary Council would probably reduce the base rate by 15 basis points to 1.50%. The cut is likely to be the last of the cycle on the chance that inflation rises faster than expected and reaches the NBH’s mid-term ...
PM: Hungary Is An Open And Friendly Country
- 10 Jun 2015 9:00 AM
- current affairs
In Budapest on Tuesday, at the annual general assembly of the Union of Arab Banks, Prime Minister Viktor Orbán said that Hungary is an open and friendly country where there are no obstacles to investment. Foreign investors create jobs in Hungary, and for this reason they are our friends, the Prime Minister said.
Hungary Launches Procedure To List Munkácsy Masterpiece
- 10 Jun 2015 9:00 AM
- community & culture
The cabinet office has initiated a procedure to prevent Mihály Munkácsy’s monumental painting “Golgotha” from being permanently removed from the country. “With the listing procedure, the government wants to keep this extraordinary work of our national painting in the Hungarian sphere of interest,” the national office in charge of oversight of cultural heritage said. “Naturally, the procedure will ...
Collector Pákh Ready To Take Back His Munkácsy Master Piece
- 8 Jun 2015 6:00 AM
- community & culture
The Hungarian-born American art collector Imre Pákh said that he will have Mihály Munkácsy’s monumental painting “Golgotha” removed from the Déri Museum in Debrecen because talks on the possible sale of the work to the state have fallen through. The painting is one of Munkácsy’s famous “Christ Trilogy” and is currently on loan to the Déri Museum, where all three paintings are on display.
State Seeks To Buy Last Of Munkácsy Trilogy For USD 6M
- 4 Jun 2015 9:00 AM
- community & culture
The National Bank of Hungary has said it is prepared to pay 6 million US dollars to acquire Mihály Munkácsy’s monumental painting “Golgotha”, deputy governor Ferenc Gerhardt told public television. Its Hungarian-born American owner, Imre Pákh, wants 9 million, however, he said. The painting is one of Munkácsy’s famous “Christ Trilogy”.
Hungary’s Central Bank Keeps Base Rate On Hold At 1.35%, As Expected
- 26 Aug 2015 9:00 AM
- business
Hungarian rate-setters on Tuesday kept the central bank’s key rate on hold at 1.35%, as expected. The decision was widely expected, after the rate-setters clearly signalled an end to an easing cycle at the previous monthly policy meeting. Central bank governor György Matolcsy said at the time that the earlier series of 15 basis point cuts carried out for five consecutive months would soon come to ...
Art Acquisitions Not Monetary Financing, Says Hungarian National Bank
- 3 Aug 2015 9:00 AM
- community & culture
The central bank’s art acquisition programme is not a type of monetary financing and neither does it use tax income or impact the central budget, the National Bank of Hungary said. All acquisitions will be accessible to the general public via museums or public collections, the bank said in a statement. The programme creates a stable investment while the country is also culturally enriched without ...
Pákh Vows To Sue Hungary Over Status Of Painting
- 31 Jul 2015 9:00 AM
- current affairs
Art collector Imre Pákh will go to court if the government follows through on its promise to forbid him from taking the painting Golgotha by 19th-century artist Mihály Munkácsy out of the country, lawyer Gábor Holló told Népszabadság on Thursday. Pákh is willing to sell the work for $9 million, but the government is offering to pay only $6 million.
Hungarian-Born American Art Collector Gives Grace Period For “Golgotha”
- 26 Jun 2015 9:00 AM
- community & culture
The Hungarian-born American art collector Imre Pákh told MTI he will not take measures to remove Mihály Munkácsy’s monumental painting “Golgotha” from a Debrecen gallery until the end of the summer. Earlier, Pákh said the painting would be removed from the Déri Museum on June 25, after talks on its sale to the state of Hungary reached an impasse.
Hungarian Analysts See Continued Easing On Ties
- 23 Jun 2015 9:00 AM
- business
Hungarian analysts expect the National Bank of Hungary to continue an easing cycle at a steady pace at a policy meeting. K and H chief analyst Dávid Németh said the central bank’s Monetary Council would probably reduce the base rate by 15 basis points to 1.50%. The cut is likely to be the last of the cycle on the chance that inflation rises faster than expected and reaches the NBH’s mid-term ...
PM: Hungary Is An Open And Friendly Country
- 10 Jun 2015 9:00 AM
- current affairs
In Budapest on Tuesday, at the annual general assembly of the Union of Arab Banks, Prime Minister Viktor Orbán said that Hungary is an open and friendly country where there are no obstacles to investment. Foreign investors create jobs in Hungary, and for this reason they are our friends, the Prime Minister said.
Hungary Launches Procedure To List Munkácsy Masterpiece
- 10 Jun 2015 9:00 AM
- community & culture
The cabinet office has initiated a procedure to prevent Mihály Munkácsy’s monumental painting “Golgotha” from being permanently removed from the country. “With the listing procedure, the government wants to keep this extraordinary work of our national painting in the Hungarian sphere of interest,” the national office in charge of oversight of cultural heritage said. “Naturally, the procedure will ...
Collector Pákh Ready To Take Back His Munkácsy Master Piece
- 8 Jun 2015 6:00 AM
- community & culture
The Hungarian-born American art collector Imre Pákh said that he will have Mihály Munkácsy’s monumental painting “Golgotha” removed from the Déri Museum in Debrecen because talks on the possible sale of the work to the state have fallen through. The painting is one of Munkácsy’s famous “Christ Trilogy” and is currently on loan to the Déri Museum, where all three paintings are on display.
State Seeks To Buy Last Of Munkácsy Trilogy For USD 6M
- 4 Jun 2015 9:00 AM
- community & culture
The National Bank of Hungary has said it is prepared to pay 6 million US dollars to acquire Mihály Munkácsy’s monumental painting “Golgotha”, deputy governor Ferenc Gerhardt told public television. Its Hungarian-born American owner, Imre Pákh, wants 9 million, however, he said. The painting is one of Munkácsy’s famous “Christ Trilogy”.