1,045 result(s) for hungary central bank
Analysts : Brexit Could Slightly Slow Down Hungary’s Economic Growth
- 25 Jun 2016 9:00 AM
- business
The British vote to leave the European Union could slightly slow down economic growth in Hungary, analysts told MTI in reaction to Brexit. Takarékbank analyst Gergely Suppan said that a reduction in EU funding should not be expected for the time being because it is fixed by contract and Britain’s payment obligations will be maintained until its exit is completed, possibly even until the end of ...
Moody’s Puts FHB On Review For Downgrade
- 23 Jun 2016 9:00 AM
- business
Moody’s Investors Service has placed FHB Mortgage Bank’s baseline credit assessment, long-term deposit ratings and long-term counterparty risk assessment under review for downgrade. “This rating action reflects the increased risks to the bank’s solvency and business prospects following continued sizable losses during Q1 2016 as well as the recent measures taken by the Hungarian authorities, ...
Gross Wages Rise 6.4% In April
- 22 Jun 2016 9:00 AM
- business
The average gross wage in Hungary was 264,471 forints (EUR 845) in April, up by 6.4% from the same month a year earlier, the Central Statistical Office (KSH) said. Net wage growth outpaced the increase, rising by 8.0% to 175,874 forints, because of a one percentage point cut in the personal income tax rate, to 15%, from January.
MNBʼs Foundations Said To Invest In Real Estate
- 17 Jun 2016 8:00 AM
- property
The National Bank of Hungary’s (MNB) controversial Pallas Athéné foundations (PADA) moved some of their endowment from government securities and bank deposits into real estate, according to the head of the investment company that manages the assets of the foundations, Hungarian news agency MTI reported.
CBanker: No Threat Of Deflation In Hungary
- 10 Jun 2016 9:00 AM
- business
The National Bank of Hungary sees no threat of deflation in the country despite inflation being well below the 3% target, a senior analyst at the central bank said. András Balatoni told public news channel M1 that Hungary is in no way threatened by the level of deflation Japan battled in the 90s.
FHB Share Price Collapses
- 9 Jun 2016 9:00 AM
- business
Shares in FHB Jelzálogbank plunged on Wednesday, falling by the daily 15% maximum in the first hour of trading after both Parliament and the central bank took action against the lender.
Matolcsy Files Defamation Lawsuit Against Socialist MP
- 8 Jun 2016 9:00 AM
- current affairs
Central Bank governor György Matolcsy filed a civil lawsuit against opposition Socialist MP György Bárándy for impugning his integrity. Matolcsy is demanding 1 million forints compensation, citing his right to protect his personal reputation. At a plenary session in parliament, Bárándy accused Matolcsy of stealing. This accusation goes beyond the bounds of freedom of expression, the bank said.
Tóbiás: 2017 Pension Rise ‘Humiliating, Unfair’
- 3 Jun 2016 9:00 AM
- current affairs
Socialist Party leader József Tóbiás called the government’s planned 0.9% pension rise for next year “humiliating” and “unfair”. He said next year’s pension plan, which would increase pensions by an average of 1,000 forints (EUR 3.19), indicated that the government has “given up” on pensioners. Meanwhile, the government plans to raise the salaries of state-owned company executives and the central ...
Hungary’s Longest Narrow-Gauge Forest Railway Opens In The Börzsöny Hills
- 3 Jun 2016 9:00 AM
- getting around
Hungary’s longest, 22-kilometre narrow-gauge forest railway has reopened in the hills north of the capital Budapest after almost a quarter-centurey of being closed down.
Analysts : Brexit Could Slightly Slow Down Hungary’s Economic Growth
- 25 Jun 2016 9:00 AM
- business
The British vote to leave the European Union could slightly slow down economic growth in Hungary, analysts told MTI in reaction to Brexit. Takarékbank analyst Gergely Suppan said that a reduction in EU funding should not be expected for the time being because it is fixed by contract and Britain’s payment obligations will be maintained until its exit is completed, possibly even until the end of ...
Moody’s Puts FHB On Review For Downgrade
- 23 Jun 2016 9:00 AM
- business
Moody’s Investors Service has placed FHB Mortgage Bank’s baseline credit assessment, long-term deposit ratings and long-term counterparty risk assessment under review for downgrade. “This rating action reflects the increased risks to the bank’s solvency and business prospects following continued sizable losses during Q1 2016 as well as the recent measures taken by the Hungarian authorities, ...
Gross Wages Rise 6.4% In April
- 22 Jun 2016 9:00 AM
- business
The average gross wage in Hungary was 264,471 forints (EUR 845) in April, up by 6.4% from the same month a year earlier, the Central Statistical Office (KSH) said. Net wage growth outpaced the increase, rising by 8.0% to 175,874 forints, because of a one percentage point cut in the personal income tax rate, to 15%, from January.
MNBʼs Foundations Said To Invest In Real Estate
- 17 Jun 2016 8:00 AM
- property
The National Bank of Hungary’s (MNB) controversial Pallas Athéné foundations (PADA) moved some of their endowment from government securities and bank deposits into real estate, according to the head of the investment company that manages the assets of the foundations, Hungarian news agency MTI reported.
CBanker: No Threat Of Deflation In Hungary
- 10 Jun 2016 9:00 AM
- business
The National Bank of Hungary sees no threat of deflation in the country despite inflation being well below the 3% target, a senior analyst at the central bank said. András Balatoni told public news channel M1 that Hungary is in no way threatened by the level of deflation Japan battled in the 90s.
FHB Share Price Collapses
- 9 Jun 2016 9:00 AM
- business
Shares in FHB Jelzálogbank plunged on Wednesday, falling by the daily 15% maximum in the first hour of trading after both Parliament and the central bank took action against the lender.
Matolcsy Files Defamation Lawsuit Against Socialist MP
- 8 Jun 2016 9:00 AM
- current affairs
Central Bank governor György Matolcsy filed a civil lawsuit against opposition Socialist MP György Bárándy for impugning his integrity. Matolcsy is demanding 1 million forints compensation, citing his right to protect his personal reputation. At a plenary session in parliament, Bárándy accused Matolcsy of stealing. This accusation goes beyond the bounds of freedom of expression, the bank said.
Tóbiás: 2017 Pension Rise ‘Humiliating, Unfair’
- 3 Jun 2016 9:00 AM
- current affairs
Socialist Party leader József Tóbiás called the government’s planned 0.9% pension rise for next year “humiliating” and “unfair”. He said next year’s pension plan, which would increase pensions by an average of 1,000 forints (EUR 3.19), indicated that the government has “given up” on pensioners. Meanwhile, the government plans to raise the salaries of state-owned company executives and the central ...
Hungary’s Longest Narrow-Gauge Forest Railway Opens In The Börzsöny Hills
- 3 Jun 2016 9:00 AM
- getting around
Hungary’s longest, 22-kilometre narrow-gauge forest railway has reopened in the hills north of the capital Budapest after almost a quarter-centurey of being closed down.