1,038 result(s) for loan
EU Money To Fund Motorway Projects In Hungary, Says Lázár
- 24 Mar 2014 8:00 AM
- getting around
Motorways in Hungary until 2020 have to reach the country’s borders, to bring closer ethnic Hungarians living in neighbouring countries, the cabinet chief said on Friday.
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.
Xpat Opinion: Positive Feedback For Hungary From The IMF
- 24 Mar 2014 8:00 AM
- current affairs
A conservative columnist interprets the latest IMF report on Hungary as recognition of the success of the efforts made by the Hungarian government to overcome the crisis and restart economic growth.
Citi’s Budapest Chief Executive: Eyes On The Bright Side
- 21 Mar 2014 8:00 AM
- business
Even as the finance industry is struggling to fend off the effects of adverse operating conditions in Hungary, Citi’s Budapest business boasts continuing growth. The Budapest Business Journal spoke with the recently appointed chief executive Aftab Ahmed about his impressions of the country’s economy and his expectations of the future.
Hungary’s Central Bank Official Hints Bank’s Profits Could Be Higher
- 19 Mar 2014 8:00 AM
- business
Hungarian banks’ profits should be neither too high nor too low in the long term, according to a paper published on the National Bank of Hungary’s website. Banking sector ROE (return on equity) of 10-12% would “best serve the development of the Hungarian economy”, NBH managing director Márton Nagy and director Balázs Vonnák wrote in the paper, titled “The 10 Measures of a Well-Functioning ...
Lawmakers Can Modify Forex Loan Contracts, Hungary’s Constitutional Court Rules
- 18 Mar 2014 8:00 AM
- property
Existing contracts for foreign-currency mortgages may be modified by legislation, Hungary’s Constitutional Court ruled. Its decision came after the government asked the court to weigh the constitutionality of several conditions in the forex loan contracts. Among the government’s concerns was that borrowers had not been warned of the risks that a falling exchange rate would have on their monthly ...
IMF Mission Holds Routine Consultations In Hungary
- 18 Mar 2014 8:00 AM
- current affairs
A delegation from the International Monetary Fund (IMF) held routine annual consultations on economic policy in Hungary from March 5 to 17, the Economy Ministry said on Monday. The negotiations were the first since Hungary paid back ahead of schedule its 20 billion euro IMF loan taken out in 2008.
Details Revealed In Moscow About EUR 10 Billion Loan To Hungary
- 14 Mar 2014 8:00 AM
- current affairs
The Russian government yesterday published on its website a decree on its €10 billion loan to Hungary, revealing details of the deal that the Hungarian government has not disclosed. Among them is the stipulation that Hungary must use the loan only for expansion of the power plant.
Hungary’s Macro Imbalances Need Monitoring, Says Brussels
- 6 Mar 2014 8:00 AM
- business
The European Commission counts Hungary among member states that are experiencing macroeconomic imbalances, but not among those whose imbalances are considered excessive. “[…] Macroeconomic imbalances require monitoring and decisive policy action,” the commission said on Wednesday, releasing the results of in-depth reviews of the economies of 17 member states.
EU Money To Fund Motorway Projects In Hungary, Says Lázár
- 24 Mar 2014 8:00 AM
- getting around
Motorways in Hungary until 2020 have to reach the country’s borders, to bring closer ethnic Hungarians living in neighbouring countries, the cabinet chief said on Friday.
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.
Xpat Opinion: Positive Feedback For Hungary From The IMF
- 24 Mar 2014 8:00 AM
- current affairs
A conservative columnist interprets the latest IMF report on Hungary as recognition of the success of the efforts made by the Hungarian government to overcome the crisis and restart economic growth.
Citi’s Budapest Chief Executive: Eyes On The Bright Side
- 21 Mar 2014 8:00 AM
- business
Even as the finance industry is struggling to fend off the effects of adverse operating conditions in Hungary, Citi’s Budapest business boasts continuing growth. The Budapest Business Journal spoke with the recently appointed chief executive Aftab Ahmed about his impressions of the country’s economy and his expectations of the future.
Hungary’s Central Bank Official Hints Bank’s Profits Could Be Higher
- 19 Mar 2014 8:00 AM
- business
Hungarian banks’ profits should be neither too high nor too low in the long term, according to a paper published on the National Bank of Hungary’s website. Banking sector ROE (return on equity) of 10-12% would “best serve the development of the Hungarian economy”, NBH managing director Márton Nagy and director Balázs Vonnák wrote in the paper, titled “The 10 Measures of a Well-Functioning ...
Lawmakers Can Modify Forex Loan Contracts, Hungary’s Constitutional Court Rules
- 18 Mar 2014 8:00 AM
- property
Existing contracts for foreign-currency mortgages may be modified by legislation, Hungary’s Constitutional Court ruled. Its decision came after the government asked the court to weigh the constitutionality of several conditions in the forex loan contracts. Among the government’s concerns was that borrowers had not been warned of the risks that a falling exchange rate would have on their monthly ...
IMF Mission Holds Routine Consultations In Hungary
- 18 Mar 2014 8:00 AM
- current affairs
A delegation from the International Monetary Fund (IMF) held routine annual consultations on economic policy in Hungary from March 5 to 17, the Economy Ministry said on Monday. The negotiations were the first since Hungary paid back ahead of schedule its 20 billion euro IMF loan taken out in 2008.
Details Revealed In Moscow About EUR 10 Billion Loan To Hungary
- 14 Mar 2014 8:00 AM
- current affairs
The Russian government yesterday published on its website a decree on its €10 billion loan to Hungary, revealing details of the deal that the Hungarian government has not disclosed. Among them is the stipulation that Hungary must use the loan only for expansion of the power plant.
Hungary’s Macro Imbalances Need Monitoring, Says Brussels
- 6 Mar 2014 8:00 AM
- business
The European Commission counts Hungary among member states that are experiencing macroeconomic imbalances, but not among those whose imbalances are considered excessive. “[…] Macroeconomic imbalances require monitoring and decisive policy action,” the commission said on Wednesday, releasing the results of in-depth reviews of the economies of 17 member states.