1,138 result(s) for hungary central bank
Hungary Launches Procedure To List Munkácsy Masterpiece
- 10 Jun 2015 9:00 AM
- community & culture
The cabinet office has initiated a procedure to prevent Mihály Munkácsy’s monumental painting “Golgotha” from being permanently removed from the country. “With the listing procedure, the government wants to keep this extraordinary work of our national painting in the Hungarian sphere of interest,” the national office in charge of oversight of cultural heritage said. “Naturally, the procedure will ...
Collector Pákh Ready To Take Back His Munkácsy Master Piece
- 8 Jun 2015 6:00 AM
- community & culture
The Hungarian-born American art collector Imre Pákh said that he will have Mihály Munkácsy’s monumental painting “Golgotha” removed from the Déri Museum in Debrecen because talks on the possible sale of the work to the state have fallen through. The painting is one of Munkácsy’s famous “Christ Trilogy” and is currently on loan to the Déri Museum, where all three paintings are on display.
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”.
OECD Sees Strong But Slowing Hungarian Economic Growth
- 4 Jun 2015 9:00 AM
- business
The OECD has upgraded its forecasts for Hungarian economic growth for this year to 3% from 2.1%, and to 2.2% from 1.7% for 2016. The Organisation for Economic Co-operation and Development said in its Economic Outlook that exports were expected to grow by 5.7% both this year and in 2016 and the current account surplus of 4.8% this year was likely to rise to 5.1%. Unemployment is expected to ...
Hungary’s 2016 Budget “Designed To Boost Economy, Help Families”
- 1 Jun 2015 9:00 AM
- business
The government seeks to promote job creation and boost the economy as well as provide assistance to families, a state secretary of the economy ministry said in his introduction to the parliamentary debate on next year’s budget. Béla Glattfelder said the bill would introduce changes to 18 laws, including rules governing efforts to reduce Hungary’s state debt. The current growth and inflation path ...
Hungarian ‘Father Of Euro’, Dies Aged 86
- 12 May 2015 9:00 AM
- community & culture
Economist and central banker Alexandre Lamfalussy, born as Sándor Lámfalussy in Hungary, has died at the age of 86, his family said on Monday. A resident of Belgium, Lamfalussy was known as “the father of the euro” and for his financial service industry policies. He left his native Hungary in 1949.
IMF Projects Faster Economic Growth In Hungary
- 12 May 2015 9:00 AM
- business
The International Monetary Fund raised its forecast for Hungary’s economic growth in its Regional Economic Issues report. Growth could reach 2.7% this year according to the new report. The forecast was raised from 2.3% in the previous report published in October 2014. For 2016, the IMF expects growth of 2.3%.
Vodafone Hungary Has Launched Vodafone Wallet
- 6 May 2015 9:00 AM
- specials
Vodafone Hungary has launched Vodafone Wallet, its fast, convenient and safe mobile wallet application jointly with its partners, OTP Bank and MasterCard, allowing users to pay at close to 45 thousand terminals in Hungary already at the very start, by tapping them with their mobile phones – announced Alexandre Froment-Curtil, Deputy CEO and Director of the Consumer Business Unit at Vodafone ...
Ministry: China’s New Initiative In Line With Hungary’s Strategy
- 4 May 2015 5:00 AM
- current affairs
China’s One Belt, One Road initiative to establish a link between East Asia, the Middle East, Africa and Europe is in line with the Hungarian government’s eastern opening strategy, foreign ministry state secretary László Szabó said.
Hungary Launches Procedure To List Munkácsy Masterpiece
- 10 Jun 2015 9:00 AM
- community & culture
The cabinet office has initiated a procedure to prevent Mihály Munkácsy’s monumental painting “Golgotha” from being permanently removed from the country. “With the listing procedure, the government wants to keep this extraordinary work of our national painting in the Hungarian sphere of interest,” the national office in charge of oversight of cultural heritage said. “Naturally, the procedure will ...
Collector Pákh Ready To Take Back His Munkácsy Master Piece
- 8 Jun 2015 6:00 AM
- community & culture
The Hungarian-born American art collector Imre Pákh said that he will have Mihály Munkácsy’s monumental painting “Golgotha” removed from the Déri Museum in Debrecen because talks on the possible sale of the work to the state have fallen through. The painting is one of Munkácsy’s famous “Christ Trilogy” and is currently on loan to the Déri Museum, where all three paintings are on display.
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”.
OECD Sees Strong But Slowing Hungarian Economic Growth
- 4 Jun 2015 9:00 AM
- business
The OECD has upgraded its forecasts for Hungarian economic growth for this year to 3% from 2.1%, and to 2.2% from 1.7% for 2016. The Organisation for Economic Co-operation and Development said in its Economic Outlook that exports were expected to grow by 5.7% both this year and in 2016 and the current account surplus of 4.8% this year was likely to rise to 5.1%. Unemployment is expected to ...
Hungary’s 2016 Budget “Designed To Boost Economy, Help Families”
- 1 Jun 2015 9:00 AM
- business
The government seeks to promote job creation and boost the economy as well as provide assistance to families, a state secretary of the economy ministry said in his introduction to the parliamentary debate on next year’s budget. Béla Glattfelder said the bill would introduce changes to 18 laws, including rules governing efforts to reduce Hungary’s state debt. The current growth and inflation path ...
Hungarian ‘Father Of Euro’, Dies Aged 86
- 12 May 2015 9:00 AM
- community & culture
Economist and central banker Alexandre Lamfalussy, born as Sándor Lámfalussy in Hungary, has died at the age of 86, his family said on Monday. A resident of Belgium, Lamfalussy was known as “the father of the euro” and for his financial service industry policies. He left his native Hungary in 1949.
IMF Projects Faster Economic Growth In Hungary
- 12 May 2015 9:00 AM
- business
The International Monetary Fund raised its forecast for Hungary’s economic growth in its Regional Economic Issues report. Growth could reach 2.7% this year according to the new report. The forecast was raised from 2.3% in the previous report published in October 2014. For 2016, the IMF expects growth of 2.3%.
Vodafone Hungary Has Launched Vodafone Wallet
- 6 May 2015 9:00 AM
- specials
Vodafone Hungary has launched Vodafone Wallet, its fast, convenient and safe mobile wallet application jointly with its partners, OTP Bank and MasterCard, allowing users to pay at close to 45 thousand terminals in Hungary already at the very start, by tapping them with their mobile phones – announced Alexandre Froment-Curtil, Deputy CEO and Director of the Consumer Business Unit at Vodafone ...
Ministry: China’s New Initiative In Line With Hungary’s Strategy
- 4 May 2015 5:00 AM
- current affairs
China’s One Belt, One Road initiative to establish a link between East Asia, the Middle East, Africa and Europe is in line with the Hungarian government’s eastern opening strategy, foreign ministry state secretary László Szabó said.















