1,138 result(s) for hungary central bank
Hungarian Govt To Freeze 110 Billion Forints In Spending
- 18 Jul 2014 9:00 AM
- current affairs
The government will freeze 110 billion forints (EUR 355m) in central budget expenditures to ensure that this year’s 2.9%-of-GDP deficit target can be met, Economy Minister Mihály Varga said on Thursday. The freeze will not affect families or businesses, only government expenditures, he said at a conference of the Hungarian Economic Association and the Fiscal Council.
Foreign Currency Loans To Be Eliminated From The Hungarian Market By End Of 2014
- 8 Jul 2014 10:00 AM
- business
Foreign-currency denominated loans will be eliminated from Hungary's lending market by way of converting them to forint loans before the end of this year, Minister of National Economy Mihály Varga told public media on Monday. Based on a Supreme Court ruling, deeming the rate spread applied to foreign currency loan constructions unfair, Parliament adopted on Friday a bailout package. According to ...
Hungary’s Finance Minister Varga: Bank Tax May Be Redesigned
- 8 Jul 2014 9:00 AM
- business
The government is mulling a rethink of Hungary’s sectoral tax on banks, Mihály Varga, the economy minister, told public broadcaster Kossuth Rádió. “I don’t exclude the possibility of revising or rethinking the banking tax, since banks are going to be assuming a heavy burden to compensate clients, but now is not the time for this.”
Bogus Police Steal Cash From Foreigners In Central Budapest
- 3 Jul 2014 10:30 AM
- current affairs
Bogus police officers in Budapest have been stopping foreigners on the pretense of checking their documents while actually stealing their money. Two foreign men pretending to be Hungarian police officers stole or attempted to steal from tourists in central Budapest four times on June 26, the police said.
National Bank Of Hungary: Another 10bp Rate-Cut Seen Likely
- 25 Jun 2014 9:00 AM
- business
Rate setters of the (NBH) are all but certain to slash the base rate by another 10 basis points at their next meeting, and the economy’s inflation indicators and external risk environment provides scope for more easing, London-based analysts said ahead of Tuesday’s rate-setting meeting. The expected 10-basis-point cut would bring the rate to 2.3%.
Freight Railway Plan Discussed For Central Hungary
- 23 Jun 2014 9:30 AM
- getting around
Hungary’s trade chief Péter Szijjártó met with the China Development Bank’s director responsible for international cooperation Xu Chun Yang in Budapest on Friday to discuss financing for a freight railway to circumvent the city of Budapest, Szijjártó’s press secretary, Judit Fülöp, said.
FH Sees Democracy Losing Ground In Hungary
- 13 Jun 2014 9:00 AM
- current affairs
The decline of Hungarian governance in the past few years is the most shocking reminder that democratisation is neither complete nor irreversible in post-Communist Europe, US-based human rights group Freedom House writes in its latest annual study, Népszabadság reports.
Roubini Sees Signs Of State Capitalism In Hungary
- 4 Jun 2014 9:00 AM
- current affairs
The Hungarian government’s policies show signs of state capitalism in certain areas, renowned economist Nouriel Roubini told a conference in Budapest on Tuesday. Roubini mentioned Hungary as an example of state capitalist tendencies in Central and Eastern Europe, where the role of the state increases to the detriment of market-oriented reforms.
Central Bank Official: Hungary May Get Better Ratings This Year
- 30 May 2014 9:00 AM
- business
It is expected that Hungary’s sovereign debt rating will be lifted this year, the central bank’s executive director said at a conference on Thursday. Dániel Palotai told Dow Jones that one of the three major credit rating agencies, which he did not name, had recognised the Hungarian economy was less vulnerable than before.
Hungarian Govt To Freeze 110 Billion Forints In Spending
- 18 Jul 2014 9:00 AM
- current affairs
The government will freeze 110 billion forints (EUR 355m) in central budget expenditures to ensure that this year’s 2.9%-of-GDP deficit target can be met, Economy Minister Mihály Varga said on Thursday. The freeze will not affect families or businesses, only government expenditures, he said at a conference of the Hungarian Economic Association and the Fiscal Council.
Foreign Currency Loans To Be Eliminated From The Hungarian Market By End Of 2014
- 8 Jul 2014 10:00 AM
- business
Foreign-currency denominated loans will be eliminated from Hungary's lending market by way of converting them to forint loans before the end of this year, Minister of National Economy Mihály Varga told public media on Monday. Based on a Supreme Court ruling, deeming the rate spread applied to foreign currency loan constructions unfair, Parliament adopted on Friday a bailout package. According to ...
Hungary’s Finance Minister Varga: Bank Tax May Be Redesigned
- 8 Jul 2014 9:00 AM
- business
The government is mulling a rethink of Hungary’s sectoral tax on banks, Mihály Varga, the economy minister, told public broadcaster Kossuth Rádió. “I don’t exclude the possibility of revising or rethinking the banking tax, since banks are going to be assuming a heavy burden to compensate clients, but now is not the time for this.”
Bogus Police Steal Cash From Foreigners In Central Budapest
- 3 Jul 2014 10:30 AM
- current affairs
Bogus police officers in Budapest have been stopping foreigners on the pretense of checking their documents while actually stealing their money. Two foreign men pretending to be Hungarian police officers stole or attempted to steal from tourists in central Budapest four times on June 26, the police said.
National Bank Of Hungary: Another 10bp Rate-Cut Seen Likely
- 25 Jun 2014 9:00 AM
- business
Rate setters of the (NBH) are all but certain to slash the base rate by another 10 basis points at their next meeting, and the economy’s inflation indicators and external risk environment provides scope for more easing, London-based analysts said ahead of Tuesday’s rate-setting meeting. The expected 10-basis-point cut would bring the rate to 2.3%.
Freight Railway Plan Discussed For Central Hungary
- 23 Jun 2014 9:30 AM
- getting around
Hungary’s trade chief Péter Szijjártó met with the China Development Bank’s director responsible for international cooperation Xu Chun Yang in Budapest on Friday to discuss financing for a freight railway to circumvent the city of Budapest, Szijjártó’s press secretary, Judit Fülöp, said.
FH Sees Democracy Losing Ground In Hungary
- 13 Jun 2014 9:00 AM
- current affairs
The decline of Hungarian governance in the past few years is the most shocking reminder that democratisation is neither complete nor irreversible in post-Communist Europe, US-based human rights group Freedom House writes in its latest annual study, Népszabadság reports.
Roubini Sees Signs Of State Capitalism In Hungary
- 4 Jun 2014 9:00 AM
- current affairs
The Hungarian government’s policies show signs of state capitalism in certain areas, renowned economist Nouriel Roubini told a conference in Budapest on Tuesday. Roubini mentioned Hungary as an example of state capitalist tendencies in Central and Eastern Europe, where the role of the state increases to the detriment of market-oriented reforms.
Central Bank Official: Hungary May Get Better Ratings This Year
- 30 May 2014 9:00 AM
- business
It is expected that Hungary’s sovereign debt rating will be lifted this year, the central bank’s executive director said at a conference on Thursday. Dániel Palotai told Dow Jones that one of the three major credit rating agencies, which he did not name, had recognised the Hungarian economy was less vulnerable than before.