1,038 result(s) for loan
IMF: Hungary Economy Recovering But Shockprone
- 10 Jun 2014 9:00 AM
- business
Hungary’s economy is recovering but remains “susceptible to shocks”, an International Monetary Fund (IMF) staff report said on Friday. “The economy is recovering gradually, helped by supportive macroeconomic policies, favourable external conditions, and improved market confidence,” the IMF staff said, noting that this had supported Hungary’s financial stability during volatility in emerging ...
Hungary's Kúria Rules Against OTP On FX Loans
- 4 Jun 2014 9:00 AM
- property
OTP should not have issued a foreign-currency loan at the bank’s buying rate while requiring the borrower to repay it at the selling rate, the Kúria declared in a Tuesday ruling.
Top Hungarian Court Rules On FX Loan Case
- 4 Jun 2014 9:00 AM
- property
The Kúria, Hungary’s supreme court, on Tuesday ruled invalid a clause in a contract for a loan denominated in foreign currency that stated the client received the loan at the bank’s buying exchange rate and paid it back at the selling rate.
Hungary's State Debt Nears 85% Of GDP
- 20 May 2014 9:00 AM
- business
Hungary’s gross state debt rose to 84.6% of GDP at the end of March, up from 79% at the end of 2013, according to preliminary data from the MNB. Net loans added Ft 1.456 trillion to the total Ft 24.9 trillion of state debt in the first quarter, and capital losses added a further Ft 380 billion.
Hungarian Banks Face High Costs If Government Expands Rate-Cap Scheme, Says Bank Chief
- 20 May 2014 9:00 AM
- business
Expanding the government scheme to cap the exchange rate for forex mortgage repayments may well be a good solution for troubled debtors but would cost the banking sector dearly, Mihály Patai told the press. Patai, recently re-elected as chairman of Hungary’s Banking Association, said a decision by the Kúria, Hungary’s supreme court, on forex loans expected in the autumn would raise banks’ costs, ...
Xpat Opinion: PM Orbán In Berlin: ‘Hungary Too Has Something To Offer The Future Of Europe’
- 13 May 2014 9:00 AM
- current affairs
Yesterday in Berlin, Prime Minister Orbán delivered a speech that laid out his vision of a Hungary renewed, a Central Europe that plays a driving force for growth in Europe, and important challenges that confront the European Continent.
Hungary’s Top Court Rules Out Popular Ballot On Paks Expansion
- 8 May 2014 9:00 AM
- current affairs
The Kúria, Hungary’s supreme court, on Wednesday upheld a decision by the National Election Committee (NVB) ruling out a referendum on the expansion of the Paks nuclear power station.
Hungary's Supreme Court Kúria Rejects Referendum On Paks
- 8 May 2014 9:00 AM
- current affairs
The Kúria has rejected an application submitted by the Together-Dialogue alliance on initiating a referendum on the expansion of the Paks nuclear power plant, on the grounds that referendums may not be held on obligations resulting from an international treaty.
Luxembourg Rules FX Loan Ball Is In Hungarian Court
- 29 Apr 2014 9:00 AM
- property
The European Court of Justice has ruled that it is up to Hungary’s top court to decide in the case of a private individual who sued their bank over her contract for a mortgage denominated in foreign currency, Magyar Nemzet daily says. It ruled in the case of Sebestyén versus Raiffeisen Bank, which follows a similar landmark case launched by the Kásler couple.
IMF: Hungary Economy Recovering But Shockprone
- 10 Jun 2014 9:00 AM
- business
Hungary’s economy is recovering but remains “susceptible to shocks”, an International Monetary Fund (IMF) staff report said on Friday. “The economy is recovering gradually, helped by supportive macroeconomic policies, favourable external conditions, and improved market confidence,” the IMF staff said, noting that this had supported Hungary’s financial stability during volatility in emerging ...
Hungary's Kúria Rules Against OTP On FX Loans
- 4 Jun 2014 9:00 AM
- property
OTP should not have issued a foreign-currency loan at the bank’s buying rate while requiring the borrower to repay it at the selling rate, the Kúria declared in a Tuesday ruling.
Top Hungarian Court Rules On FX Loan Case
- 4 Jun 2014 9:00 AM
- property
The Kúria, Hungary’s supreme court, on Tuesday ruled invalid a clause in a contract for a loan denominated in foreign currency that stated the client received the loan at the bank’s buying exchange rate and paid it back at the selling rate.
Hungary's State Debt Nears 85% Of GDP
- 20 May 2014 9:00 AM
- business
Hungary’s gross state debt rose to 84.6% of GDP at the end of March, up from 79% at the end of 2013, according to preliminary data from the MNB. Net loans added Ft 1.456 trillion to the total Ft 24.9 trillion of state debt in the first quarter, and capital losses added a further Ft 380 billion.
Hungarian Banks Face High Costs If Government Expands Rate-Cap Scheme, Says Bank Chief
- 20 May 2014 9:00 AM
- business
Expanding the government scheme to cap the exchange rate for forex mortgage repayments may well be a good solution for troubled debtors but would cost the banking sector dearly, Mihály Patai told the press. Patai, recently re-elected as chairman of Hungary’s Banking Association, said a decision by the Kúria, Hungary’s supreme court, on forex loans expected in the autumn would raise banks’ costs, ...
Xpat Opinion: PM Orbán In Berlin: ‘Hungary Too Has Something To Offer The Future Of Europe’
- 13 May 2014 9:00 AM
- current affairs
Yesterday in Berlin, Prime Minister Orbán delivered a speech that laid out his vision of a Hungary renewed, a Central Europe that plays a driving force for growth in Europe, and important challenges that confront the European Continent.
Hungary’s Top Court Rules Out Popular Ballot On Paks Expansion
- 8 May 2014 9:00 AM
- current affairs
The Kúria, Hungary’s supreme court, on Wednesday upheld a decision by the National Election Committee (NVB) ruling out a referendum on the expansion of the Paks nuclear power station.
Hungary's Supreme Court Kúria Rejects Referendum On Paks
- 8 May 2014 9:00 AM
- current affairs
The Kúria has rejected an application submitted by the Together-Dialogue alliance on initiating a referendum on the expansion of the Paks nuclear power plant, on the grounds that referendums may not be held on obligations resulting from an international treaty.
Luxembourg Rules FX Loan Ball Is In Hungarian Court
- 29 Apr 2014 9:00 AM
- property
The European Court of Justice has ruled that it is up to Hungary’s top court to decide in the case of a private individual who sued their bank over her contract for a mortgage denominated in foreign currency, Magyar Nemzet daily says. It ruled in the case of Sebestyén versus Raiffeisen Bank, which follows a similar landmark case launched by the Kásler couple.