118 result(s) for hungarian national bank governor
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”.
If Viktor Orbán Can Survive Broker Scandal, He Can Survive Anything
- 30 Mar 2015 9:00 AM
- current affairs
Hungarian Prime Minister Viktor Orbán acknowledged on Wednesday that he himself ordered ministries to withdraw their money from brokerage firms. If the decision was based on inside information then the Prime Minister acknowledged committing a serious economic crime.
C Bank Suing Hungarian Liberal Party Politician Over False Statements
- 19 Mar 2015 8:00 AM
- current affairs
The National Bank of Hungary said it is suing Zoltán Bodnár of the opposition Hungarian Liberal Party for making false statements about the activities of the bank. The NBH dismissed the statements “made purely for political gain” and asked for corrections from the media that carried them.
Police Launch Investigation Into Quaestor
- 12 Mar 2015 8:00 AM
- business
The Hungarian police have launched an investigation of brokerage Quaestor on suspicion of fraud, the National Police Headquarters said. Quaestor’s headquarters were raided as part of the investigation, the police said. Earlier in the day political parties clashed over the brokerage scandal.
Hungarian Forint Wobbles Then Mostly Stable On Interbank Market
- 8 Jan 2015 8:00 AM
- business
The forint was trading at 318.39 to the euro late Wednesday on the interbank forex market, up from 319.66 late on the previous day. At 319.94 to the euro early Wednesday, the forint moved between 318.38 and 320.87, after it fell to a new three-year low at 321.35 on Tuesday.
Matolcsy: Forint Weakening Not Related To Hungary Fundamentals
- 19 Dec 2014 8:00 AM
- business
There is no special Hungarian story behind the latest weakening of the forint, the central bank’s governor György Matolcsy said. The National Bank of Hungary has no exchange rate target and is not compelled to intervene to stop the currency’s weakening, he said, adding that bank’s international reserves provided a decent buffer.
Xpat Opnion: First State-Owned Hungarian Bank Is Already In Trouble
- 19 Dec 2014 12:00 AM
- current affairs
Great interest preceded a press conference held jointly by Prime Minister Viktor Orbán and György Matolcsy, governor of the Hungarian National Bank (HNB), this morning. What was so important that these two men would have to appear together in public? It had to be something momentous. Well, it was. The newly “nationalized” Magyar Külkereskedemi Bank (MKB) is in serious trouble and the Hungarian ...
Hungarian National Bank Uncovers Huge Ponzi Scam
- 1 Sep 2014 9:00 AM
- current affairs
The MNB has levied a Ft 1.25 billion fine on a group of companies and one individual for running what amounts to a large-scale Ponzi scheme. Authorities seized Ft 1.5 billion from the accounts of Zsolt Szabó-Forrai, the mastermind of the scam.
Former MNB Vice-Governor: Hungary Needs A Miracle
- 25 Aug 2014 9:00 AM
- business
Hungary’s national debt of 85.1% of GDP is so high that it will take a miracle for the government to avoid breaking its own constitutional stipulation that it set out in the Basic Law, former National Bank of Hungary (MNB) vice-governor Zoltán Bodnár said this week.
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”.
If Viktor Orbán Can Survive Broker Scandal, He Can Survive Anything
- 30 Mar 2015 9:00 AM
- current affairs
Hungarian Prime Minister Viktor Orbán acknowledged on Wednesday that he himself ordered ministries to withdraw their money from brokerage firms. If the decision was based on inside information then the Prime Minister acknowledged committing a serious economic crime.
C Bank Suing Hungarian Liberal Party Politician Over False Statements
- 19 Mar 2015 8:00 AM
- current affairs
The National Bank of Hungary said it is suing Zoltán Bodnár of the opposition Hungarian Liberal Party for making false statements about the activities of the bank. The NBH dismissed the statements “made purely for political gain” and asked for corrections from the media that carried them.
Police Launch Investigation Into Quaestor
- 12 Mar 2015 8:00 AM
- business
The Hungarian police have launched an investigation of brokerage Quaestor on suspicion of fraud, the National Police Headquarters said. Quaestor’s headquarters were raided as part of the investigation, the police said. Earlier in the day political parties clashed over the brokerage scandal.
Hungarian Forint Wobbles Then Mostly Stable On Interbank Market
- 8 Jan 2015 8:00 AM
- business
The forint was trading at 318.39 to the euro late Wednesday on the interbank forex market, up from 319.66 late on the previous day. At 319.94 to the euro early Wednesday, the forint moved between 318.38 and 320.87, after it fell to a new three-year low at 321.35 on Tuesday.
Matolcsy: Forint Weakening Not Related To Hungary Fundamentals
- 19 Dec 2014 8:00 AM
- business
There is no special Hungarian story behind the latest weakening of the forint, the central bank’s governor György Matolcsy said. The National Bank of Hungary has no exchange rate target and is not compelled to intervene to stop the currency’s weakening, he said, adding that bank’s international reserves provided a decent buffer.
Xpat Opnion: First State-Owned Hungarian Bank Is Already In Trouble
- 19 Dec 2014 12:00 AM
- current affairs
Great interest preceded a press conference held jointly by Prime Minister Viktor Orbán and György Matolcsy, governor of the Hungarian National Bank (HNB), this morning. What was so important that these two men would have to appear together in public? It had to be something momentous. Well, it was. The newly “nationalized” Magyar Külkereskedemi Bank (MKB) is in serious trouble and the Hungarian ...
Hungarian National Bank Uncovers Huge Ponzi Scam
- 1 Sep 2014 9:00 AM
- current affairs
The MNB has levied a Ft 1.25 billion fine on a group of companies and one individual for running what amounts to a large-scale Ponzi scheme. Authorities seized Ft 1.5 billion from the accounts of Zsolt Szabó-Forrai, the mastermind of the scam.
Former MNB Vice-Governor: Hungary Needs A Miracle
- 25 Aug 2014 9:00 AM
- business
Hungary’s national debt of 85.1% of GDP is so high that it will take a miracle for the government to avoid breaking its own constitutional stipulation that it set out in the Basic Law, former National Bank of Hungary (MNB) vice-governor Zoltán Bodnár said this week.