1,137 result(s) for hungary central bank
OECD Lowers 2017 GDP Growth Forecast To 2.5 Pc
- 29 Nov 2016 8:00 AM
- business
The OECD lowered its projection for Hungary’s GDP growth next year to 2.5 percent in volume terms in a forecast published on Monday from the 3.1 percent in the previous Economic Outlook released in June 2016. The OECD however improved its 1.6 percent summer projection for Hungary’s growth this year to 1.7 percent in the autumn edition of the World Economic Outlook.
Govt Office Chief: Former Head Of Quaestor Brokerage ‘Common Criminal’
- 25 Nov 2016 8:00 AM
- current affairs
Csaba Tarsoly, the former head of the scandal-mired brokerage Quaestor in preliminary detention awaiting trial “is nothing other than a common criminal”, János Lázár, the government office chief, said in reply to a question at a weekly news briefing.
Minimum Wages To Significantly Increase
- 24 Nov 2016 2:40 AM
- business
Wages for unskilled workers will be raised by 15% and for skilled workers by 25% in 2017, according to Hungary's economy minister, Mihály Varga. He said that in 2018 the minimum wages will be increased by a further 8% and 12%, respectively.
Gross Wages Up 6.7% In Sept
- 23 Nov 2016 8:00 AM
- business
Average gross wages in Hungary rose by an annual 6.7% in September to 257,857 forints (EUR 834), the Central Statistical Office (KSH) reported. Net wages grew by 8.3% to 171,475 forints due to a one percentage point cut in the personal income tax rate from January.
NBH Upgrades HUF 2,000, HUF 5,000 Banknotes
- 17 Nov 2016 12:40 AM
- current affairs
The National Bank of Hungary is upgrading the 2,000 forint and 5,000 forint banknotes it issues, deputy governor Ferenc Gerhardt told the press. The images on the bills will remain unchanged, but they will get enhanced security features, Gerhardt said. Legislation on the new bills will come into force from Tuesday, but they will not enter circulation until March 2017.
Color-Cycling Hungarian Money - Hungarian 5000 Forint Banknotes Will Be Yellowed
- 15 Nov 2016 8:00 AM
- current affairs
The Magyar Nemzeti Bank (MNB) is going to change the design of the banknotes, according to Hungarian new-portal, 444.hu. The page writes the central bank will reshape and re-tint the paper money.
Orbán Calls For Higher Wages At EBRD Conference
- 11 Nov 2016 8:00 AM
- current affairs
Prime Minister Viktor Orbán called for a “firm increase” in wages in the Hungarian economy, which he said required increasingly competitive businesses. Addressing a conference organised by the European Bank of Reconstruction and Development (EBRD) in Budapest, Orbán said that reducing corporate and personal income taxes as well as employer contributions were necessary to enhance competitiveness.
CBanker: Hungary Companies Should Transition To Marketbased Financing
- 11 Nov 2016 8:00 AM
- business
Hungarian economic players must learn to transition from state-based financing to market-based financing, NBH deputy-governor Márton Nagy said at a conference organised by the European Bank for Reconstruction and Development (EBRD) in Budapest.
Matolcsy: National Bank of Hungary To Maintain Low Base Rate
- 9 Nov 2016 8:00 AM
- business
The National Bank of Hungary is likely to keep its base rate unchanged at 0.90 % even if other central banks start tightening, the bank’s governor György Matolcsy said in an interview to business daily Világgazdaság.
OECD Lowers 2017 GDP Growth Forecast To 2.5 Pc
- 29 Nov 2016 8:00 AM
- business
The OECD lowered its projection for Hungary’s GDP growth next year to 2.5 percent in volume terms in a forecast published on Monday from the 3.1 percent in the previous Economic Outlook released in June 2016. The OECD however improved its 1.6 percent summer projection for Hungary’s growth this year to 1.7 percent in the autumn edition of the World Economic Outlook.
Govt Office Chief: Former Head Of Quaestor Brokerage ‘Common Criminal’
- 25 Nov 2016 8:00 AM
- current affairs
Csaba Tarsoly, the former head of the scandal-mired brokerage Quaestor in preliminary detention awaiting trial “is nothing other than a common criminal”, János Lázár, the government office chief, said in reply to a question at a weekly news briefing.
Minimum Wages To Significantly Increase
- 24 Nov 2016 2:40 AM
- business
Wages for unskilled workers will be raised by 15% and for skilled workers by 25% in 2017, according to Hungary's economy minister, Mihály Varga. He said that in 2018 the minimum wages will be increased by a further 8% and 12%, respectively.
Gross Wages Up 6.7% In Sept
- 23 Nov 2016 8:00 AM
- business
Average gross wages in Hungary rose by an annual 6.7% in September to 257,857 forints (EUR 834), the Central Statistical Office (KSH) reported. Net wages grew by 8.3% to 171,475 forints due to a one percentage point cut in the personal income tax rate from January.
NBH Upgrades HUF 2,000, HUF 5,000 Banknotes
- 17 Nov 2016 12:40 AM
- current affairs
The National Bank of Hungary is upgrading the 2,000 forint and 5,000 forint banknotes it issues, deputy governor Ferenc Gerhardt told the press. The images on the bills will remain unchanged, but they will get enhanced security features, Gerhardt said. Legislation on the new bills will come into force from Tuesday, but they will not enter circulation until March 2017.
Color-Cycling Hungarian Money - Hungarian 5000 Forint Banknotes Will Be Yellowed
- 15 Nov 2016 8:00 AM
- current affairs
The Magyar Nemzeti Bank (MNB) is going to change the design of the banknotes, according to Hungarian new-portal, 444.hu. The page writes the central bank will reshape and re-tint the paper money.
Orbán Calls For Higher Wages At EBRD Conference
- 11 Nov 2016 8:00 AM
- current affairs
Prime Minister Viktor Orbán called for a “firm increase” in wages in the Hungarian economy, which he said required increasingly competitive businesses. Addressing a conference organised by the European Bank of Reconstruction and Development (EBRD) in Budapest, Orbán said that reducing corporate and personal income taxes as well as employer contributions were necessary to enhance competitiveness.
CBanker: Hungary Companies Should Transition To Marketbased Financing
- 11 Nov 2016 8:00 AM
- business
Hungarian economic players must learn to transition from state-based financing to market-based financing, NBH deputy-governor Márton Nagy said at a conference organised by the European Bank for Reconstruction and Development (EBRD) in Budapest.
Matolcsy: National Bank of Hungary To Maintain Low Base Rate
- 9 Nov 2016 8:00 AM
- business
The National Bank of Hungary is likely to keep its base rate unchanged at 0.90 % even if other central banks start tightening, the bank’s governor György Matolcsy said in an interview to business daily Világgazdaság.