1,138 result(s) for hungary central bank
Art Acquisitions Not Monetary Financing, Says Hungarian National Bank
- 3 Aug 2015 9:00 AM
- community & culture
The central bank’s art acquisition programme is not a type of monetary financing and neither does it use tax income or impact the central budget, the National Bank of Hungary said. All acquisitions will be accessible to the general public via museums or public collections, the bank said in a statement. The programme creates a stable investment while the country is also culturally enriched without ...
Pákh Vows To Sue Hungary Over Status Of Painting
- 31 Jul 2015 9:00 AM
- current affairs
Art collector Imre Pákh will go to court if the government follows through on its promise to forbid him from taking the painting Golgotha by 19th-century artist Mihály Munkácsy out of the country, lawyer Gábor Holló told Népszabadság on Thursday. Pákh is willing to sell the work for $9 million, but the government is offering to pay only $6 million.
Xpat Opinion: Base Interest Rate In Hungary Cut To Historic Low
- 24 Jul 2015 9:00 AM
- business
As the National Bank concludes its easing cycle by cutting the base interest rate to 1.35 per cent, a conservative columnist contends that the MNB has helped economic growth significantly, and, despite leftist fears, the Forint has not been weakened by the rapid sequence of rate cuts.
National Bank Of Hungary’s Cuts Base Rate 15BP
- 22 Jul 2015 9:00 AM
- business
The National Bank of Hungary’s Monetary Council decided at a policy meeting on Tuesday to lower the central bank’s key rate by 15 basis points to 1.35%, maintaining the pace of its easing cycle. The rate-setters made a 15 basis point cut for the fifth month in a row.
Opposition Parties In Hungary Criticise MNB
- 20 Jul 2015 9:00 AM
- current affairs
The opposition parties expect an explanation from the MNB which last week announced its purchase of the only Titian painting in Hunga-ry for Ft 4.5 billion. LMP said it is outrageous that the central bank has bought the painting Madonna and Child with St. Paul from profits gained by converting foreign-currency loans. The Democratic Coalition recalled that it had complained to the European ...
Shop Assistant Stole Bank Card Details In Downtown Budapest
- 3 Jul 2015 9:00 AM
- shopping
Police have launched a legal procedure against a shop assistant in central Budapest who used a homemade card reader to steal bank-card data as customers were paying for their purchases, the Budapest police force said. The 24-year-old man then used the data to make online purchases on 18 occasions in February and March this year, the BRFK said on its website.
Hungarian-Born American Art Collector Gives Grace Period For “Golgotha”
- 26 Jun 2015 9:00 AM
- community & culture
The Hungarian-born American art collector Imre Pákh told MTI he will not take measures to remove Mihály Munkácsy’s monumental painting “Golgotha” from a Debrecen gallery until the end of the summer. Earlier, Pákh said the painting would be removed from the Déri Museum on June 25, after talks on its sale to the state of Hungary reached an impasse.
Hungarian Analysts See Continued Easing On Ties
- 23 Jun 2015 9:00 AM
- business
Hungarian analysts expect the National Bank of Hungary to continue an easing cycle at a steady pace at a policy meeting. K and H chief analyst Dávid Németh said the central bank’s Monetary Council would probably reduce the base rate by 15 basis points to 1.50%. The cut is likely to be the last of the cycle on the chance that inflation rises faster than expected and reaches the NBH’s mid-term ...
PM: Hungary Is An Open And Friendly Country
- 10 Jun 2015 9:00 AM
- current affairs
In Budapest on Tuesday, at the annual general assembly of the Union of Arab Banks, Prime Minister Viktor Orbán said that Hungary is an open and friendly country where there are no obstacles to investment. Foreign investors create jobs in Hungary, and for this reason they are our friends, the Prime Minister said.
Art Acquisitions Not Monetary Financing, Says Hungarian National Bank
- 3 Aug 2015 9:00 AM
- community & culture
The central bank’s art acquisition programme is not a type of monetary financing and neither does it use tax income or impact the central budget, the National Bank of Hungary said. All acquisitions will be accessible to the general public via museums or public collections, the bank said in a statement. The programme creates a stable investment while the country is also culturally enriched without ...
Pákh Vows To Sue Hungary Over Status Of Painting
- 31 Jul 2015 9:00 AM
- current affairs
Art collector Imre Pákh will go to court if the government follows through on its promise to forbid him from taking the painting Golgotha by 19th-century artist Mihály Munkácsy out of the country, lawyer Gábor Holló told Népszabadság on Thursday. Pákh is willing to sell the work for $9 million, but the government is offering to pay only $6 million.
Xpat Opinion: Base Interest Rate In Hungary Cut To Historic Low
- 24 Jul 2015 9:00 AM
- business
As the National Bank concludes its easing cycle by cutting the base interest rate to 1.35 per cent, a conservative columnist contends that the MNB has helped economic growth significantly, and, despite leftist fears, the Forint has not been weakened by the rapid sequence of rate cuts.
National Bank Of Hungary’s Cuts Base Rate 15BP
- 22 Jul 2015 9:00 AM
- business
The National Bank of Hungary’s Monetary Council decided at a policy meeting on Tuesday to lower the central bank’s key rate by 15 basis points to 1.35%, maintaining the pace of its easing cycle. The rate-setters made a 15 basis point cut for the fifth month in a row.
Opposition Parties In Hungary Criticise MNB
- 20 Jul 2015 9:00 AM
- current affairs
The opposition parties expect an explanation from the MNB which last week announced its purchase of the only Titian painting in Hunga-ry for Ft 4.5 billion. LMP said it is outrageous that the central bank has bought the painting Madonna and Child with St. Paul from profits gained by converting foreign-currency loans. The Democratic Coalition recalled that it had complained to the European ...
Shop Assistant Stole Bank Card Details In Downtown Budapest
- 3 Jul 2015 9:00 AM
- shopping
Police have launched a legal procedure against a shop assistant in central Budapest who used a homemade card reader to steal bank-card data as customers were paying for their purchases, the Budapest police force said. The 24-year-old man then used the data to make online purchases on 18 occasions in February and March this year, the BRFK said on its website.
Hungarian-Born American Art Collector Gives Grace Period For “Golgotha”
- 26 Jun 2015 9:00 AM
- community & culture
The Hungarian-born American art collector Imre Pákh told MTI he will not take measures to remove Mihály Munkácsy’s monumental painting “Golgotha” from a Debrecen gallery until the end of the summer. Earlier, Pákh said the painting would be removed from the Déri Museum on June 25, after talks on its sale to the state of Hungary reached an impasse.
Hungarian Analysts See Continued Easing On Ties
- 23 Jun 2015 9:00 AM
- business
Hungarian analysts expect the National Bank of Hungary to continue an easing cycle at a steady pace at a policy meeting. K and H chief analyst Dávid Németh said the central bank’s Monetary Council would probably reduce the base rate by 15 basis points to 1.50%. The cut is likely to be the last of the cycle on the chance that inflation rises faster than expected and reaches the NBH’s mid-term ...
PM: Hungary Is An Open And Friendly Country
- 10 Jun 2015 9:00 AM
- current affairs
In Budapest on Tuesday, at the annual general assembly of the Union of Arab Banks, Prime Minister Viktor Orbán said that Hungary is an open and friendly country where there are no obstacles to investment. Foreign investors create jobs in Hungary, and for this reason they are our friends, the Prime Minister said.