707 result(s) for hungarian central bank
Hungary’s Forint Sharply Down On Interbank Market
- 30 Jul 2014 9:00 AM
- business
The forint was trading at 310.79 to the euro late Tuesday on the interbank forex market, down from 308.98 late Monday. At 308.96 to the euro early Tuesday, the forint moved between 308.77 and 311.31, a ten-day low. The Hungarian currency sank back to levels before the decision of the National Bank of Hungary (NBH) a week ago to stop its easing cycle.
Hungarian Govt To Freeze 110 Billion Forints In Spending
- 18 Jul 2014 9:00 AM
- current affairs
The government will freeze 110 billion forints (EUR 355m) in central budget expenditures to ensure that this year’s 2.9%-of-GDP deficit target can be met, Economy Minister Mihály Varga said on Thursday. The freeze will not affect families or businesses, only government expenditures, he said at a conference of the Hungarian Economic Association and the Fiscal Council.
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 ...
Bogus Police Steal Cash From Foreigners In Central Budapest
- 3 Jul 2014 10:30 AM
- current affairs
Bogus police officers in Budapest have been stopping foreigners on the pretense of checking their documents while actually stealing their money. Two foreign men pretending to be Hungarian police officers stole or attempted to steal from tourists in central Budapest four times on June 26, the police said.
National Bank Of Hungary: Another 10bp Rate-Cut Seen Likely
- 25 Jun 2014 9:00 AM
- business
Rate setters of the (NBH) are all but certain to slash the base rate by another 10 basis points at their next meeting, and the economy’s inflation indicators and external risk environment provides scope for more easing, London-based analysts said ahead of Tuesday’s rate-setting meeting. The expected 10-basis-point cut would bring the rate to 2.3%.
FH Sees Democracy Losing Ground In Hungary
- 13 Jun 2014 9:00 AM
- current affairs
The decline of Hungarian governance in the past few years is the most shocking reminder that democratisation is neither complete nor irreversible in post-Communist Europe, US-based human rights group Freedom House writes in its latest annual study, Népszabadság reports.
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.
Central Bank Official: Hungary May Get Better Ratings This Year
- 30 May 2014 9:00 AM
- business
It is expected that Hungary’s sovereign debt rating will be lifted this year, the central bank’s executive director said at a conference on Thursday. Dániel Palotai told Dow Jones that one of the three major credit rating agencies, which he did not name, had recognised the Hungarian economy was less vulnerable than before.
Foreign Tour Groups On The Wane In Hungary
- 28 May 2014 9:02 AM
- travel
Hungarian tourism is growing rapidly but most foreign tourists arrive independently so travel agencies that mainly cater to foreign tour groups are not generally cashing in on the boom, business daily Világgazdaság said. Out of a total of 1,200 Hungarian travel agencies, around 100 focus on inbound travellers, the paper said.
Hungary’s Forint Sharply Down On Interbank Market
- 30 Jul 2014 9:00 AM
- business
The forint was trading at 310.79 to the euro late Tuesday on the interbank forex market, down from 308.98 late Monday. At 308.96 to the euro early Tuesday, the forint moved between 308.77 and 311.31, a ten-day low. The Hungarian currency sank back to levels before the decision of the National Bank of Hungary (NBH) a week ago to stop its easing cycle.
Hungarian Govt To Freeze 110 Billion Forints In Spending
- 18 Jul 2014 9:00 AM
- current affairs
The government will freeze 110 billion forints (EUR 355m) in central budget expenditures to ensure that this year’s 2.9%-of-GDP deficit target can be met, Economy Minister Mihály Varga said on Thursday. The freeze will not affect families or businesses, only government expenditures, he said at a conference of the Hungarian Economic Association and the Fiscal Council.
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 ...
Bogus Police Steal Cash From Foreigners In Central Budapest
- 3 Jul 2014 10:30 AM
- current affairs
Bogus police officers in Budapest have been stopping foreigners on the pretense of checking their documents while actually stealing their money. Two foreign men pretending to be Hungarian police officers stole or attempted to steal from tourists in central Budapest four times on June 26, the police said.
National Bank Of Hungary: Another 10bp Rate-Cut Seen Likely
- 25 Jun 2014 9:00 AM
- business
Rate setters of the (NBH) are all but certain to slash the base rate by another 10 basis points at their next meeting, and the economy’s inflation indicators and external risk environment provides scope for more easing, London-based analysts said ahead of Tuesday’s rate-setting meeting. The expected 10-basis-point cut would bring the rate to 2.3%.
FH Sees Democracy Losing Ground In Hungary
- 13 Jun 2014 9:00 AM
- current affairs
The decline of Hungarian governance in the past few years is the most shocking reminder that democratisation is neither complete nor irreversible in post-Communist Europe, US-based human rights group Freedom House writes in its latest annual study, Népszabadság reports.
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.
Central Bank Official: Hungary May Get Better Ratings This Year
- 30 May 2014 9:00 AM
- business
It is expected that Hungary’s sovereign debt rating will be lifted this year, the central bank’s executive director said at a conference on Thursday. Dániel Palotai told Dow Jones that one of the three major credit rating agencies, which he did not name, had recognised the Hungarian economy was less vulnerable than before.
Foreign Tour Groups On The Wane In Hungary
- 28 May 2014 9:02 AM
- travel
Hungarian tourism is growing rapidly but most foreign tourists arrive independently so travel agencies that mainly cater to foreign tour groups are not generally cashing in on the boom, business daily Világgazdaság said. Out of a total of 1,200 Hungarian travel agencies, around 100 focus on inbound travellers, the paper said.