83 result(s) for imf in Business
Xpat Opinion: More Signs Of A Recovering Economy In Hungary
- 20 Jun 2013 12:50 PM
- business
By Ferenc Kumin: Late last month, the European Commission announced that it would recommend that Hungary, after nine long years, exit the Excessive Deficit Procedure. The good news , as I wrote at the time, came on the heels of other encouraging reports of promising FDI and consumer skepticism data. Now, yet more hopeful signs that back Prime Minister Orbán’s cautious optimism about a slowly, but ...
Hungarian Budget Deficit Only 2% In 2012
- 3 Apr 2013 9:00 AM
- business
According to data published earlier today by the Hungarian Central Statistical Office (KSH), the budget deficit calculated on the basis of EU methodology was 2% of GDP in 2012, which is more favourable than formerly anticipated by the European Commission in its 2012 Autumn Forecast.
Hungary's Annual Economic Policy Consultation With IMF & EU Concluded Successfully
- 29 Jan 2013 8:04 AM
- business
Representatives from the International Monetary Fund and the European Commission met with leaders and experts from the Hungarian Government, the National Bank of Hungary, the Hungarian Financial Supervisory Authority, and with certain financial sector operators, within the framework of their annual economic policy consultation. The meetings included negotiations on economic forecasts for winter ...
Renewed Speculation Against The Hungarian Forint
- 18 Jan 2013 8:00 AM
- business
On Tuesday last week Nouriel Roubini, one of the world’s most influential financial analysts sent to clients the following investment recommendation in his regular newsletter: “Until Hungary signs a new deal with the IMF we recommend to short the forint." Thus he signalled that investors should bet on a weakening forint.
Xpat Opinion: Hungary's Forint Comes Under Pressure
- 18 Jan 2013 8:00 AM
- business
As the Forint weakens against the Euro, pundits wonder why international speculators are selling the Hungarian currency, and whether its slump is the result of the uncertainty related to the imminent choice of a new National Bank president, and of a possible quantitative easing program.
Talks On Taxes Underway Between Hungary & EU/IMF
- 4 Dec 2012 8:00 AM
- business
Hungary can repay its maturing debt next year if external conditions remain unchanged, Minister Mihály Varga, the country's chief negotiator in talks with the International Monetary Fund (IMF) and the European Union, said on public television on Monday.
Main Obstacles To Concluding A Loan Agreement With IMF & EU Have Been Removed
- 12 Nov 2012 8:06 AM
- business
In an interview for Hungarian News Agency MTI, the Prime Minister said that the government has made efforts to endure that the excessive deficit procedure Hungary has been subject to since 2004 will end. With reference to the European Commission's Wednesday report which forecast a deficit-to-GDP ratio of 2.9 percent and a growth rate of 0.3 percent for Hungary next year, the Prime Minister said ...
Banks In Hungary May Face Losses On Local Debt Consolidation
- 9 Nov 2012 8:00 AM
- business
Banks could face massive losses, running as high as Ft 100 billion, if the state requests discounts from them when taking over the debt of local governments, Népszabadság reports. The state would pay only 75-80% of the value of what it deems bad or risky loans held by local governments to banks in the process of assuming the debt of municipalities, according to information from Fidesz politicians.
Hungary's PM Orbán Says Bank Tax Won’t Cause Harm
- 19 Oct 2012 9:04 AM
- business
The cabinet’s decision not to cut the bank tax in half next year as promised will not harm the Hungarian economy, Prime Minister Viktor Orbán said Thursday. Speaking to Bloomberg news in Bucharest, he said banks have already stopped lending and a deleveraging process is underway. The tax on banks will have no effect on economic activity, he added.
Xpat Opinion: More Signs Of A Recovering Economy In Hungary
- 20 Jun 2013 12:50 PM
- business
By Ferenc Kumin: Late last month, the European Commission announced that it would recommend that Hungary, after nine long years, exit the Excessive Deficit Procedure. The good news , as I wrote at the time, came on the heels of other encouraging reports of promising FDI and consumer skepticism data. Now, yet more hopeful signs that back Prime Minister Orbán’s cautious optimism about a slowly, but ...
Hungarian Budget Deficit Only 2% In 2012
- 3 Apr 2013 9:00 AM
- business
According to data published earlier today by the Hungarian Central Statistical Office (KSH), the budget deficit calculated on the basis of EU methodology was 2% of GDP in 2012, which is more favourable than formerly anticipated by the European Commission in its 2012 Autumn Forecast.
Hungary's Annual Economic Policy Consultation With IMF & EU Concluded Successfully
- 29 Jan 2013 8:04 AM
- business
Representatives from the International Monetary Fund and the European Commission met with leaders and experts from the Hungarian Government, the National Bank of Hungary, the Hungarian Financial Supervisory Authority, and with certain financial sector operators, within the framework of their annual economic policy consultation. The meetings included negotiations on economic forecasts for winter ...
Renewed Speculation Against The Hungarian Forint
- 18 Jan 2013 8:00 AM
- business
On Tuesday last week Nouriel Roubini, one of the world’s most influential financial analysts sent to clients the following investment recommendation in his regular newsletter: “Until Hungary signs a new deal with the IMF we recommend to short the forint." Thus he signalled that investors should bet on a weakening forint.
Xpat Opinion: Hungary's Forint Comes Under Pressure
- 18 Jan 2013 8:00 AM
- business
As the Forint weakens against the Euro, pundits wonder why international speculators are selling the Hungarian currency, and whether its slump is the result of the uncertainty related to the imminent choice of a new National Bank president, and of a possible quantitative easing program.
Talks On Taxes Underway Between Hungary & EU/IMF
- 4 Dec 2012 8:00 AM
- business
Hungary can repay its maturing debt next year if external conditions remain unchanged, Minister Mihály Varga, the country's chief negotiator in talks with the International Monetary Fund (IMF) and the European Union, said on public television on Monday.
Main Obstacles To Concluding A Loan Agreement With IMF & EU Have Been Removed
- 12 Nov 2012 8:06 AM
- business
In an interview for Hungarian News Agency MTI, the Prime Minister said that the government has made efforts to endure that the excessive deficit procedure Hungary has been subject to since 2004 will end. With reference to the European Commission's Wednesday report which forecast a deficit-to-GDP ratio of 2.9 percent and a growth rate of 0.3 percent for Hungary next year, the Prime Minister said ...
Banks In Hungary May Face Losses On Local Debt Consolidation
- 9 Nov 2012 8:00 AM
- business
Banks could face massive losses, running as high as Ft 100 billion, if the state requests discounts from them when taking over the debt of local governments, Népszabadság reports. The state would pay only 75-80% of the value of what it deems bad or risky loans held by local governments to banks in the process of assuming the debt of municipalities, according to information from Fidesz politicians.
Hungary's PM Orbán Says Bank Tax Won’t Cause Harm
- 19 Oct 2012 9:04 AM
- business
The cabinet’s decision not to cut the bank tax in half next year as promised will not harm the Hungarian economy, Prime Minister Viktor Orbán said Thursday. Speaking to Bloomberg news in Bucharest, he said banks have already stopped lending and a deleveraging process is underway. The tax on banks will have no effect on economic activity, he added.