229 result(s) for interest rates
Ruling Paves Way For Legislation On FX Mortgages In Hungary
- 17 Jun 2014 4:00 AM
- property
In its long-awaited ruling on foreign-currency loans, the Kúria declared yesterday that it is unfair of banks to take advantage of exchange-rate margins and to unilaterally raise interest rates on the loans except under strict conditions.
Xpat Opinion: Hungary's Parliament To Rewrite FX Loan Contracts
- 24 Mar 2014 8:00 AM
- property
In their commentaries on the Constitutional Court’s verdict on forex loans, analysts from across the political spectrum agree that it is the government’s responsibility to help indebted families. It is, however, unclear how loans denominated in foreign currencies could be converted into Forint credits without severe economic consequences.
Hungarians Hoard Cash To Avoid Taxes
- 6 Mar 2014 8:00 AM
- business
Hungarians kept a record amount of cash at the end of last year, which analysts say is likely to be linked to the avoidance of the bank transaction fee and other types of tax, business daily Világgazdaság said. According to preliminary data from the central bank of Hungary, cash holdings came to 2.6 trillion forints (EUR 8.4bn) at the end of 2013, up 11% on 2012.
Hungary’s Forint Dips On Rate Worries
- 14 Feb 2014 8:00 AM
- business
Hungary’s forint dipped to its lowest rate against the euro in more than a week amid speculation Hungary’s central bank will cut interest rates when it meets next Tuesday. The forint traded at 311.03 to the euro late on Thursday, down from 308.96 late Wednesday. Its intraday low of 313.07 was a nine-day nadir.
Xpat Opinion: Hungary's Forint Under Pressure
- 3 Feb 2014 8:00 AM
- current affairs
A business analyst says critics have been too hasty to condemn the National Bank for not resorting to swift “verbal intervention” in response to the heavy losses the Forint has suffered over the past week. A pro-government columnist urges decision makers to consider joining the Eurozone, in order to shield Hungary from currency fluctuations.
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.
Xpat Opinion: Hungary's Kúria Rules Forex Based Mortgage Loans Valid
- 20 Dec 2013 8:00 AM
- property
A pro-government daily accuses the top court of siding with banks, avoiding relevant questions and undermining public faith in the courts, while the leading opposition daily says the story is far from over and suspects that this resolution is exactly what the government hoped for.
Ruling Paves Way For Legislation On FX Mortgages In Hungary
- 17 Jun 2014 4:00 AM
- property
In its long-awaited ruling on foreign-currency loans, the Kúria declared yesterday that it is unfair of banks to take advantage of exchange-rate margins and to unilaterally raise interest rates on the loans except under strict conditions.
Xpat Opinion: Hungary's Parliament To Rewrite FX Loan Contracts
- 24 Mar 2014 8:00 AM
- property
In their commentaries on the Constitutional Court’s verdict on forex loans, analysts from across the political spectrum agree that it is the government’s responsibility to help indebted families. It is, however, unclear how loans denominated in foreign currencies could be converted into Forint credits without severe economic consequences.
Hungarians Hoard Cash To Avoid Taxes
- 6 Mar 2014 8:00 AM
- business
Hungarians kept a record amount of cash at the end of last year, which analysts say is likely to be linked to the avoidance of the bank transaction fee and other types of tax, business daily Világgazdaság said. According to preliminary data from the central bank of Hungary, cash holdings came to 2.6 trillion forints (EUR 8.4bn) at the end of 2013, up 11% on 2012.
Hungary’s Forint Dips On Rate Worries
- 14 Feb 2014 8:00 AM
- business
Hungary’s forint dipped to its lowest rate against the euro in more than a week amid speculation Hungary’s central bank will cut interest rates when it meets next Tuesday. The forint traded at 311.03 to the euro late on Thursday, down from 308.96 late Wednesday. Its intraday low of 313.07 was a nine-day nadir.
Xpat Opinion: Hungary's Forint Under Pressure
- 3 Feb 2014 8:00 AM
- current affairs
A business analyst says critics have been too hasty to condemn the National Bank for not resorting to swift “verbal intervention” in response to the heavy losses the Forint has suffered over the past week. A pro-government columnist urges decision makers to consider joining the Eurozone, in order to shield Hungary from currency fluctuations.
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.
Xpat Opinion: Hungary's Kúria Rules Forex Based Mortgage Loans Valid
- 20 Dec 2013 8:00 AM
- property
A pro-government daily accuses the top court of siding with banks, avoiding relevant questions and undermining public faith in the courts, while the leading opposition daily says the story is far from over and suspects that this resolution is exactly what the government hoped for.