818 result(s) for loss
Former MNB Vice-Governor: Hungary Needs A Miracle
- 25 Aug 2014 9:00 AM
- business
Hungary’s national debt of 85.1% of GDP is so high that it will take a miracle for the government to avoid breaking its own constitutional stipulation that it set out in the Basic Law, former National Bank of Hungary (MNB) vice-governor Zoltán Bodnár said this week.
Hungary’s Banking Sector Reports Enormous Q2 Losses
- 25 Aug 2014 4:00 AM
- business
Hungary’s banking sector reported enormous losses totaling HUF 361 billion (USD 1.57 billion) in Q2 2014 according to data released by the Hungarian National Bank (MNB) on Friday. This was mainly due to massive provisions against losses to cover the costs of refunding clients for past charges resulting from the currency spread and higher interest rates approved without the client’s consent.
Hungary’s Foreign Minister: Eastern Ukraine Crisis Worsens
- 22 Aug 2014 9:00 AM
- current affairs
The crisis in eastern Ukraine has deepened and is not moving towards stabilisation, Foreign Minister Tibor Navracsics said on Thursday. Addressing parliamentary committees, he outlined goals Hungary had as regards the crisis: a peaceful settlement and stabilisation, to see Ukraine emerge from the crisis as a democratic, independent state with territorial integrity and respect for minority rights, ...
Hungarian Lenders May Have To Take A Hit On FX Car Loans
- 22 Aug 2014 9:00 AM
- shopping
Consumers who borrowed in foreign currencies in order to purchase cars should be also be helped out, as the Kúria also declared their contracts to be unfair, PMO Minister János Lázár told tabloid Blikk in an interview.
Russian Embargo Costs Hungary Huf 70m A Day
- 18 Aug 2014 9:00 AM
- business
The Russian embargo results in 70 million forints (EUR 223,000) lost revenues to Hungarian farmers daily, farm ministry state secretary István Nagy said on Friday.
Hungary’s OTP: Refunds For Borrowers’ Relief Could Be Bigger Than Expected
- 13 Aug 2014 9:00 AM
- business
The impact of National Bank of Hungary guidelines on calculating refunds to be paid under borrowers’ relief legislation could generate bigger than expected losses for OTP Bank, the lender has said.
Moody’s Downgrades Hungary’s Erste, FHB Banks
- 13 Aug 2014 3:00 AM
- business
Moody’s Investors Service downgraded the deposit ratings of Erste Bank Hungary and FHB Mortgage Bank both to B3 from B2 on Tuesday, the ratings agency announced. Moody’s maintained the negative outlook for both banks, citing “increased risk of losses” resulting from recently adopted borrowers’ relief legislation and “ongoing negative pressure on...financial fundamentals”.
Premature Birth Becoming Common In Hungary
- 11 Aug 2014 9:00 AM
- health & wellness
Premature birth has become a common problem in Hungary next to high blood pressure, obesity and diabetes, business daily Világgazdaság said citing a study, which also added that Roma women were in the highest risk category. The study was prepared by researchers from the Budapest Semmelweis University analysing data about 18,000 births in four counties of northeast Hungary between 2009 and 2012.
Now On: Invisible Exhibition Budapest @ Millenáris Budapest
- 4 Aug 2014 9:01 AM
- entertainment
Imagine that all the lights go out…The Invisible Exhibition is a unique interactive journey to an invisible world, where in total darkness you find your way only by touch,sounds and scent.
Former MNB Vice-Governor: Hungary Needs A Miracle
- 25 Aug 2014 9:00 AM
- business
Hungary’s national debt of 85.1% of GDP is so high that it will take a miracle for the government to avoid breaking its own constitutional stipulation that it set out in the Basic Law, former National Bank of Hungary (MNB) vice-governor Zoltán Bodnár said this week.
Hungary’s Banking Sector Reports Enormous Q2 Losses
- 25 Aug 2014 4:00 AM
- business
Hungary’s banking sector reported enormous losses totaling HUF 361 billion (USD 1.57 billion) in Q2 2014 according to data released by the Hungarian National Bank (MNB) on Friday. This was mainly due to massive provisions against losses to cover the costs of refunding clients for past charges resulting from the currency spread and higher interest rates approved without the client’s consent.
Hungary’s Foreign Minister: Eastern Ukraine Crisis Worsens
- 22 Aug 2014 9:00 AM
- current affairs
The crisis in eastern Ukraine has deepened and is not moving towards stabilisation, Foreign Minister Tibor Navracsics said on Thursday. Addressing parliamentary committees, he outlined goals Hungary had as regards the crisis: a peaceful settlement and stabilisation, to see Ukraine emerge from the crisis as a democratic, independent state with territorial integrity and respect for minority rights, ...
Hungarian Lenders May Have To Take A Hit On FX Car Loans
- 22 Aug 2014 9:00 AM
- shopping
Consumers who borrowed in foreign currencies in order to purchase cars should be also be helped out, as the Kúria also declared their contracts to be unfair, PMO Minister János Lázár told tabloid Blikk in an interview.
Russian Embargo Costs Hungary Huf 70m A Day
- 18 Aug 2014 9:00 AM
- business
The Russian embargo results in 70 million forints (EUR 223,000) lost revenues to Hungarian farmers daily, farm ministry state secretary István Nagy said on Friday.
Hungary’s OTP: Refunds For Borrowers’ Relief Could Be Bigger Than Expected
- 13 Aug 2014 9:00 AM
- business
The impact of National Bank of Hungary guidelines on calculating refunds to be paid under borrowers’ relief legislation could generate bigger than expected losses for OTP Bank, the lender has said.
Moody’s Downgrades Hungary’s Erste, FHB Banks
- 13 Aug 2014 3:00 AM
- business
Moody’s Investors Service downgraded the deposit ratings of Erste Bank Hungary and FHB Mortgage Bank both to B3 from B2 on Tuesday, the ratings agency announced. Moody’s maintained the negative outlook for both banks, citing “increased risk of losses” resulting from recently adopted borrowers’ relief legislation and “ongoing negative pressure on...financial fundamentals”.
Premature Birth Becoming Common In Hungary
- 11 Aug 2014 9:00 AM
- health & wellness
Premature birth has become a common problem in Hungary next to high blood pressure, obesity and diabetes, business daily Világgazdaság said citing a study, which also added that Roma women were in the highest risk category. The study was prepared by researchers from the Budapest Semmelweis University analysing data about 18,000 births in four counties of northeast Hungary between 2009 and 2012.
Now On: Invisible Exhibition Budapest @ Millenáris Budapest
- 4 Aug 2014 9:01 AM
- entertainment
Imagine that all the lights go out…The Invisible Exhibition is a unique interactive journey to an invisible world, where in total darkness you find your way only by touch,sounds and scent.