200 result(s) for interest rate cap
Xpat Opinion: Hungarian Forint Hits Ten Months Record Low
- 27 Jan 2014 8:00 AM
- current affairs
A business weekly thinks that aside from the latest interest rate cut by the Hungarian National Bank, the Forint has lost ground over the past weeks because investors have grown increasingly cautious about emerging markets.Világgazdaság notes that the exchange rates of the Hungarian national currency have reached a ten month low, after declining steadily over the past week.
Hungary Rates Could Go As Low As 2.5%
- 10 Jan 2014 8:00 AM
- business
Hungary’s central bank has room to cut interest rates to as low as 2.5%, and while it said in December that it could slow the pace of easing, this is not a done deal, one of the bank’s deputy governors, Ádám Balog, said on Thursday.
Orbán Says Hungary’s Top Court Sides With Banks
- 23 Dec 2013 8:00 AM
- current affairs
The decision of the Kúria, or Supreme Court, on FX loans demonstrates that the top court took side with banks, PM Viktor Orbán said on Friday. “As there are plenty of those taking the side of banks, we will remain on the side of the people,” he said.
Base Rate Falls To Record Low 3.4% In Hungary
- 30 Oct 2013 8:00 AM
- business
The MNB’s monetary council lowered the base rate for the 15th consecutive month on Tuesday, from 3.6% to 3.4% in a move expected by most analysts.
Xpat Opinion: The Failure Of Széll Kálmán Square Budapest Plan Reflected In The Budget 2014
- 18 Oct 2013 9:00 AM
- getting around
In spring, 2011, to demonstrate to the European Union that the country is capable of obviating the excessive deficit procedure, the Hungarian Government announced the Széll Kálmán-Plan, then a year after the Széll Kálmán-Plan 2.0. By scale these represented restrictions amounting to HUF 1,500 billion. In its analysis, the Policy Agenda checked, to what extent the Budget 2014 reflects the ...
Xpat Opinion: Hungary's OTP Chief Sándor Csányi’s Press Conference
- 26 Jul 2013 1:00 AM
- business
As Portfolio, the bilingual financial site, said today, “everybody was sitting on pins and needles” waiting for the cabinet decision on the fate of the loans issued in foreign currencies. However, it seems that the government wisely postponed the decision. So, for a while we will not know what kind of a solution the government will come up with.
Hungarian Government Measures To Safeguard Achievements
- 18 Jun 2013 9:00 AM
- business
Hungarian people have made tremendous efforts to end the Excessive Deficit procedure against the country, but the result “shall be upheld and protected”, and that is the reason the Government has submitted new measures in Parliament, Government Spokesperson András Giró-Szász said, and Minister for National Economy Mihály Varga announced the concrete measures.
Hungary’s Economic Performance Is Acknowledged: Excessive Deficit Procedure Lifted
- 29 May 2013 2:00 AM
- business
The European Commission has announced its proposal to abrogate the excessive deficit procedure against Hungary. On 30 May 2012, based on the 2012 convergence programme and further specification of savings measures, the Commission concluded that Hungary has taken effective action regarding the correction of the excessive deficit. Despite Commission forecasts well in excess of 3%, the actual ...
Xpat Opinion: A Bad Week For The Hungarian Forint &The Government
- 15 Jan 2013 8:00 AM
- current affairs
Commentators agree that the weakening of the Hungarian currency (HUF) was due to a statement by the Minister of the Economy. One cautions the PM against nominating him for the presidency of the National Bank. Other analysts think recent events have dealt several blows to the authority of the governing élite.In a sarcastic week-end front page editorial, Népszabadság takes it almost for granted ...
Xpat Opinion: Hungarian Forint Hits Ten Months Record Low
- 27 Jan 2014 8:00 AM
- current affairs
A business weekly thinks that aside from the latest interest rate cut by the Hungarian National Bank, the Forint has lost ground over the past weeks because investors have grown increasingly cautious about emerging markets.Világgazdaság notes that the exchange rates of the Hungarian national currency have reached a ten month low, after declining steadily over the past week.
Hungary Rates Could Go As Low As 2.5%
- 10 Jan 2014 8:00 AM
- business
Hungary’s central bank has room to cut interest rates to as low as 2.5%, and while it said in December that it could slow the pace of easing, this is not a done deal, one of the bank’s deputy governors, Ádám Balog, said on Thursday.
Orbán Says Hungary’s Top Court Sides With Banks
- 23 Dec 2013 8:00 AM
- current affairs
The decision of the Kúria, or Supreme Court, on FX loans demonstrates that the top court took side with banks, PM Viktor Orbán said on Friday. “As there are plenty of those taking the side of banks, we will remain on the side of the people,” he said.
Base Rate Falls To Record Low 3.4% In Hungary
- 30 Oct 2013 8:00 AM
- business
The MNB’s monetary council lowered the base rate for the 15th consecutive month on Tuesday, from 3.6% to 3.4% in a move expected by most analysts.
Xpat Opinion: The Failure Of Széll Kálmán Square Budapest Plan Reflected In The Budget 2014
- 18 Oct 2013 9:00 AM
- getting around
In spring, 2011, to demonstrate to the European Union that the country is capable of obviating the excessive deficit procedure, the Hungarian Government announced the Széll Kálmán-Plan, then a year after the Széll Kálmán-Plan 2.0. By scale these represented restrictions amounting to HUF 1,500 billion. In its analysis, the Policy Agenda checked, to what extent the Budget 2014 reflects the ...
Xpat Opinion: Hungary's OTP Chief Sándor Csányi’s Press Conference
- 26 Jul 2013 1:00 AM
- business
As Portfolio, the bilingual financial site, said today, “everybody was sitting on pins and needles” waiting for the cabinet decision on the fate of the loans issued in foreign currencies. However, it seems that the government wisely postponed the decision. So, for a while we will not know what kind of a solution the government will come up with.
Hungarian Government Measures To Safeguard Achievements
- 18 Jun 2013 9:00 AM
- business
Hungarian people have made tremendous efforts to end the Excessive Deficit procedure against the country, but the result “shall be upheld and protected”, and that is the reason the Government has submitted new measures in Parliament, Government Spokesperson András Giró-Szász said, and Minister for National Economy Mihály Varga announced the concrete measures.
Hungary’s Economic Performance Is Acknowledged: Excessive Deficit Procedure Lifted
- 29 May 2013 2:00 AM
- business
The European Commission has announced its proposal to abrogate the excessive deficit procedure against Hungary. On 30 May 2012, based on the 2012 convergence programme and further specification of savings measures, the Commission concluded that Hungary has taken effective action regarding the correction of the excessive deficit. Despite Commission forecasts well in excess of 3%, the actual ...
Xpat Opinion: A Bad Week For The Hungarian Forint &The Government
- 15 Jan 2013 8:00 AM
- current affairs
Commentators agree that the weakening of the Hungarian currency (HUF) was due to a statement by the Minister of the Economy. One cautions the PM against nominating him for the presidency of the National Bank. Other analysts think recent events have dealt several blows to the authority of the governing élite.In a sarcastic week-end front page editorial, Népszabadság takes it almost for granted ...