• 22 Nov 2024

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175 result(s) for interest rate cap

Moratorium on Borrowers’ Repayments Will Not Extend in Hungary

Moratorium on Borrowers’ Repayments Will Not Extend in Hungary

The government will not extend the current moratorium on borrowers’ repayments, which is set to expire on Dec. 31, the minister of economic development said on Tuesday.
Household Credit Down 38% in Hungary

Household Credit Down 38% in Hungary

The banking sector extended a total of Ft 138 billion in new household loans in October, down by 38.3% from a year earlier, the MNB announced on Friday.
“Brussels is Unfair with Hungary” Says Orbán About Blocked EU Funding

“Brussels is Unfair with Hungary” Says Orbán About Blocked EU Funding

Regarding Hungary’s access to EU funding, Orbán said “Brussels is unfair with Hungary” due to fundamental differences in opinion and political reasons, but an agreement must be sought regardless.
Gov't 'Threat' to Bank Deposits in Hungary, Says Opposition DK

Gov't 'Threat' to Bank Deposits in Hungary, Says Opposition DK

The government is a threat to bank deposits, the opposition Democratic Coalition said, insisting that banks had been told to cap interest payments on deposits at the same rate as government securities with a maturity of three months.
Gov’t Caps Interest Rates for Large Investors in Hungary

Gov’t Caps Interest Rates for Large Investors in Hungary

The interest rates paid by banks on deposits of Ft 20 million or more owned by institutional investors may not exceed the level of the three-month discount T-bill rate, Economic Development Minister Márton Nagy announced.
Opposition DK Slams Gov't for High Inflation in Hungary

Opposition DK Slams Gov't for High Inflation in Hungary

“Prime Minister Orbán’s inflation is causing the people increasing suffering,” the shadow finance minister of the opposition Democratic Coalition (DK) told a press conference.
Housing Sales in Hungary Hit Lowest Level This Year

Housing Sales in Hungary Hit Lowest Level This Year

Home sales in Hungary fell 9% on a monthly basis and by 28% year-on-year to 8,859 in October, the lowest level this year, real estate broker Duna House said in a monthly estimate.
More Food Prices Rolled Back in Hungary

More Food Prices Rolled Back in Hungary

The government is capping the prices of fresh eggs and potatoes sold in shops, delivery services and supermarkets at the retail price level of those products on Sept. 30, the prime minister's chief of staff told a government press briefing.
Opinion: Speculation About Hungary’s Economic Outlook

Opinion: Speculation About Hungary’s Economic Outlook

Left-wing and liberal analysts blame the government and the National Bank for the high price Hungarians are paying to regain the trust of the markets. A pro-government pundit is optimistic that Hungary can avoid recession – despite the global economic crisis.
Moratorium on Borrowers’ Repayments Will Not Extend in Hungary

Moratorium on Borrowers’ Repayments Will Not Extend in Hungary

The government will not extend the current moratorium on borrowers’ repayments, which is set to expire on Dec. 31, the minister of economic development said on Tuesday.
Household Credit Down 38% in Hungary

Household Credit Down 38% in Hungary

The banking sector extended a total of Ft 138 billion in new household loans in October, down by 38.3% from a year earlier, the MNB announced on Friday.
“Brussels is Unfair with Hungary” Says Orbán About Blocked EU Funding

“Brussels is Unfair with Hungary” Says Orbán About Blocked EU Funding

Regarding Hungary’s access to EU funding, Orbán said “Brussels is unfair with Hungary” due to fundamental differences in opinion and political reasons, but an agreement must be sought regardless.
Gov't 'Threat' to Bank Deposits in Hungary, Says Opposition DK

Gov't 'Threat' to Bank Deposits in Hungary, Says Opposition DK

The government is a threat to bank deposits, the opposition Democratic Coalition said, insisting that banks had been told to cap interest payments on deposits at the same rate as government securities with a maturity of three months.
Gov’t Caps Interest Rates for Large Investors in Hungary

Gov’t Caps Interest Rates for Large Investors in Hungary

The interest rates paid by banks on deposits of Ft 20 million or more owned by institutional investors may not exceed the level of the three-month discount T-bill rate, Economic Development Minister Márton Nagy announced.
Opposition DK Slams Gov't for High Inflation in Hungary

Opposition DK Slams Gov't for High Inflation in Hungary

“Prime Minister Orbán’s inflation is causing the people increasing suffering,” the shadow finance minister of the opposition Democratic Coalition (DK) told a press conference.
Housing Sales in Hungary Hit Lowest Level This Year

Housing Sales in Hungary Hit Lowest Level This Year

Home sales in Hungary fell 9% on a monthly basis and by 28% year-on-year to 8,859 in October, the lowest level this year, real estate broker Duna House said in a monthly estimate.
More Food Prices Rolled Back in Hungary

More Food Prices Rolled Back in Hungary

The government is capping the prices of fresh eggs and potatoes sold in shops, delivery services and supermarkets at the retail price level of those products on Sept. 30, the prime minister's chief of staff told a government press briefing.
Opinion: Speculation About Hungary’s Economic Outlook

Opinion: Speculation About Hungary’s Economic Outlook

Left-wing and liberal analysts blame the government and the National Bank for the high price Hungarians are paying to regain the trust of the markets. A pro-government pundit is optimistic that Hungary can avoid recession – despite the global economic crisis.