1,138 result(s) for hungary central bank
IMF, EU To Accept Only Constructive Action From New Hungarian Government
- 19 May 2010 3:00 AM
- current affairs
"There is very limited guidance from Hungary’s new government on how it intends to approach fiscal consolidation in the quarters ahead, research analysts at UBS said after a recent visit to Budapest. Most observers are disregarding the populist rhetoric of centre-right Fidesz, which obtained an unprecedented two-thirds legislative majority in April - and are waiting to see actual action which ...
Markets Will Be Quick To Punish Any Expansionary Budget Policy In Hungary
- 17 May 2010 4:00 AM
- business
"Hungary’s currency and bonds may weaken on investor concern the new government will widen the budget deficit as the Greek crisis pushes the European Union to cap shortfalls, Bloomberg reported on Friday, citing analysts, who warned that the market will be quick to punish any expansionary budget policy.
Hungay GDP Surprises On The Upside In Q1
- 13 May 2010 2:00 AM
- business
"While analysts’ forecasts for Hungary’s first-quarter GDP ranged between 0% and -3.0% in a Portfolio.hu poll, the economy grew by 0.1% year on year (raw figure) and by 0.2%, adjusted for calendar effects, the Central Statistics Office (KSH) has reported on Wednesday. The joint KSH-Ecostat estimate showed a q/q GDP growth of 0.9% in January-March, up from 0.2% in Q4 2009.
Hungary Matolcsy Would Like To See The Entire Monetary Council Go
- 12 May 2010 4:00 AM
- business
"Hungary’s Economy Minister-designate György Matolcsy said members of the central bank’s (NBH) Monetary Council should resign for the mistakes they have made over the past seven years. In an interview with local daily Népszabadság he also said he was dissatisfied in general with the work of all financial regulatory institutions, including markets watchdog PSZÁF.
Hungary's Forint Gains Sharply Against Euro On Massive EU Bailout
- 11 May 2010 3:00 AM
- business
"In tandem with the rally on global stock markets Hungary’s forint has firmed sharply on Monday morning and gained 2% versus the euro in a matter of hours. The spectacular improvement in global investor sentiment comes after an unprecedented decision by the European Union to support the embattled euro and the eurozone’s weakest nations struggling with debt with a massive bailout package of EUR ...
Hungary Posts Never-Before-Seen Trade Surplus In March
- 10 May 2010 4:00 AM
- business
"Hungary posted a record large trade surplus of EUR 653.1 million in March, the Central Statistics Office (KSH) has reported on Monday. The monthly surplus is bigger than the one achieved in the whole of 2009.
Hungary Forint Eases To Horrific Levels
- 7 May 2010 6:00 AM
- business
"As the signs of panic became apparent, Hungary’s forint eased further against the euro late on Thursday. Amidst increasing selling pressure the HUF depreciated to above 284, but in early morning trading on Friday the market seemed more at calm and EUR/HUF is currently quoted at around 282.
Fitch Sees Crisis Delaying Eastern European Euro Adoption
- 7 May 2010 5:00 AM
- business
"The global financial crisis has caused a further setback to euro adoption timetables in most EU member states in central and eastern Europe (CEE), owing to a marked widening of budget deficits and higher sovereign bond spreads, Fitch Ratings has said in a new report on Thursday. The exception, in the rating agency’s view, is Estonia, which Fitch expects to join the euro area in January 2011.
Hungary Orbán Names Three Top Officials In New Government
- 29 Apr 2010 6:00 AM
- current affairs
"Viktor Orbán, Hungary’s incoming Prime Minister has named three members of his new government on Thursday. The Prime Minister’s Office will be abolished to be replaced by a body for the Prime Minister ("Miniszterelnökség" instead of "Miniszterelnöki Hivatal"), the political centre of the cabinet, he added.
IMF, EU To Accept Only Constructive Action From New Hungarian Government
- 19 May 2010 3:00 AM
- current affairs
"There is very limited guidance from Hungary’s new government on how it intends to approach fiscal consolidation in the quarters ahead, research analysts at UBS said after a recent visit to Budapest. Most observers are disregarding the populist rhetoric of centre-right Fidesz, which obtained an unprecedented two-thirds legislative majority in April - and are waiting to see actual action which ...
Markets Will Be Quick To Punish Any Expansionary Budget Policy In Hungary
- 17 May 2010 4:00 AM
- business
"Hungary’s currency and bonds may weaken on investor concern the new government will widen the budget deficit as the Greek crisis pushes the European Union to cap shortfalls, Bloomberg reported on Friday, citing analysts, who warned that the market will be quick to punish any expansionary budget policy.
Hungay GDP Surprises On The Upside In Q1
- 13 May 2010 2:00 AM
- business
"While analysts’ forecasts for Hungary’s first-quarter GDP ranged between 0% and -3.0% in a Portfolio.hu poll, the economy grew by 0.1% year on year (raw figure) and by 0.2%, adjusted for calendar effects, the Central Statistics Office (KSH) has reported on Wednesday. The joint KSH-Ecostat estimate showed a q/q GDP growth of 0.9% in January-March, up from 0.2% in Q4 2009.
Hungary Matolcsy Would Like To See The Entire Monetary Council Go
- 12 May 2010 4:00 AM
- business
"Hungary’s Economy Minister-designate György Matolcsy said members of the central bank’s (NBH) Monetary Council should resign for the mistakes they have made over the past seven years. In an interview with local daily Népszabadság he also said he was dissatisfied in general with the work of all financial regulatory institutions, including markets watchdog PSZÁF.
Hungary's Forint Gains Sharply Against Euro On Massive EU Bailout
- 11 May 2010 3:00 AM
- business
"In tandem with the rally on global stock markets Hungary’s forint has firmed sharply on Monday morning and gained 2% versus the euro in a matter of hours. The spectacular improvement in global investor sentiment comes after an unprecedented decision by the European Union to support the embattled euro and the eurozone’s weakest nations struggling with debt with a massive bailout package of EUR ...
Hungary Posts Never-Before-Seen Trade Surplus In March
- 10 May 2010 4:00 AM
- business
"Hungary posted a record large trade surplus of EUR 653.1 million in March, the Central Statistics Office (KSH) has reported on Monday. The monthly surplus is bigger than the one achieved in the whole of 2009.
Hungary Forint Eases To Horrific Levels
- 7 May 2010 6:00 AM
- business
"As the signs of panic became apparent, Hungary’s forint eased further against the euro late on Thursday. Amidst increasing selling pressure the HUF depreciated to above 284, but in early morning trading on Friday the market seemed more at calm and EUR/HUF is currently quoted at around 282.
Fitch Sees Crisis Delaying Eastern European Euro Adoption
- 7 May 2010 5:00 AM
- business
"The global financial crisis has caused a further setback to euro adoption timetables in most EU member states in central and eastern Europe (CEE), owing to a marked widening of budget deficits and higher sovereign bond spreads, Fitch Ratings has said in a new report on Thursday. The exception, in the rating agency’s view, is Estonia, which Fitch expects to join the euro area in January 2011.
Hungary Orbán Names Three Top Officials In New Government
- 29 Apr 2010 6:00 AM
- current affairs
"Viktor Orbán, Hungary’s incoming Prime Minister has named three members of his new government on Thursday. The Prime Minister’s Office will be abolished to be replaced by a body for the Prime Minister ("Miniszterelnökség" instead of "Miniszterelnöki Hivatal"), the political centre of the cabinet, he added.