246 result(s) for matolcsy in Articles
Hungary’s Central Bank To Guarantee MKB Bank
- 19 Dec 2014 8:00 AM
- business
The government has asked the central bank to contribute towards efforts to reorganise and strengthen MKB Bank. Speaking at a press conference held with Prime Minister Viktor Orbán, György Matolcsy, the central bank governor, said the National Bank of Hungary would guarantee the “full liquidity” of MKB Bank recently acquired by the state.
Xpat Opnion: First State-Owned Hungarian Bank Is Already In Trouble
- 19 Dec 2014 12:00 AM
- current affairs
Great interest preceded a press conference held jointly by Prime Minister Viktor Orbán and György Matolcsy, governor of the Hungarian National Bank (HNB), this morning. What was so important that these two men would have to appear together in public? It had to be something momentous. Well, it was. The newly “nationalized” Magyar Külkereskedemi Bank (MKB) is in serious trouble and the Hungarian ...
Hungarian National Bank Buys Buda Castle Villa For Ft3bn
- 10 Dec 2014 8:00 AM
- property
The MNB has bought the Hatvany villa in the Buda Castle district for Ft 3.4 billion, and spent an additional Ft 1.9 billion on purchasing an adjacent building from the Academy of Sciences. These buildings will host an event and training centre and the MNB’s Ph.D. program will be located there, the central bank said.
Hungary’s Central Bank Rejects Opposition Attack On Their Independence
- 8 Sep 2014 4:00 AM
- current affairs
Opposition parties are trying to limit the independence of the central bank, the National Bank of Hungary said. “In recent weeks, some political parties and media outlets close to them have tried, unsuccessfully, to question the legal standing of the NBH in the central bank act and resolutions on its basic tasks,” the bank said.
Hungarian Socialists Criticise Banknote Revamp
- 4 Sep 2014 9:00 AM
- current affairs
The National Bank of Hungary (NBH) on Monday announced it would revamp the banknotes it issues in 2014-2018. The opposition Socialists interpreted the announcement as the government’s admission that it has dropped plans to introduce the euro in Hungary. Sándor Burány, Socialist head of parliament’s budget committee, told MTI that “the government prefers a weak forint, which increases the burden ...
Hungary's Central Bank Gov Refuses To Attend Hearing On Spending
- 4 Sep 2014 9:00 AM
- current affairs
Central bank governor György Matolcsy has refused to attend a hearing called by parliament’s budget committee to answer questions about central bank spending. Matolcsy said he regards the convening of the parliamentary committee illegal, as the head of the central bank under the law reports to the economic committee only.
National Bank of Hungary Contributes HUF 200bn To Educational Foundations
- 29 Aug 2014 9:00 AM
- community & culture
The National Bank of Hungary has contributed 200 billion forints (EUR 639m) to four foundations established to support instruction in economics and finance. Central bank governor Gyorgy Matolcsy said in an interview with Vs.hu that Hungary’s success in the coming decades would depend on renewing the teaching of economics and finance, and this required new institutions, new instructors and new ...
Hungary National Debt Reaches 85% Of GDP
- 20 Aug 2014 9:00 AM
- business
“The Day of Collapse is approaching. The cabinet’s dilettante economic policy and the central bank’s bad interest and forint policies have resulted in debt reaching its highest level in 20 years”. – Statement issued Monday by opposition political coalition Together-Dialogue for Hungary.
Parties Comment On Hungary Debt Ratio Rise
- 19 Aug 2014 10:00 AM
- current affairs
Hungary’s public debt, calculated at nominal value, in line with Maastricht methodology, reached 25,432 billion forints (EUR 81.2bn), or 85.1% of GDP, at the end of June, preliminary data on financial accounts published by the National Bank of Hungary (NBH) on Monday show. Transactions raised the debt by 434 billion forints during the period. The weaker forint boosted it by 65 billion forints. ...
Hungary’s Central Bank To Guarantee MKB Bank
- 19 Dec 2014 8:00 AM
- business
The government has asked the central bank to contribute towards efforts to reorganise and strengthen MKB Bank. Speaking at a press conference held with Prime Minister Viktor Orbán, György Matolcsy, the central bank governor, said the National Bank of Hungary would guarantee the “full liquidity” of MKB Bank recently acquired by the state.
Xpat Opnion: First State-Owned Hungarian Bank Is Already In Trouble
- 19 Dec 2014 12:00 AM
- current affairs
Great interest preceded a press conference held jointly by Prime Minister Viktor Orbán and György Matolcsy, governor of the Hungarian National Bank (HNB), this morning. What was so important that these two men would have to appear together in public? It had to be something momentous. Well, it was. The newly “nationalized” Magyar Külkereskedemi Bank (MKB) is in serious trouble and the Hungarian ...
Hungarian National Bank Buys Buda Castle Villa For Ft3bn
- 10 Dec 2014 8:00 AM
- property
The MNB has bought the Hatvany villa in the Buda Castle district for Ft 3.4 billion, and spent an additional Ft 1.9 billion on purchasing an adjacent building from the Academy of Sciences. These buildings will host an event and training centre and the MNB’s Ph.D. program will be located there, the central bank said.
Hungary’s Central Bank Rejects Opposition Attack On Their Independence
- 8 Sep 2014 4:00 AM
- current affairs
Opposition parties are trying to limit the independence of the central bank, the National Bank of Hungary said. “In recent weeks, some political parties and media outlets close to them have tried, unsuccessfully, to question the legal standing of the NBH in the central bank act and resolutions on its basic tasks,” the bank said.
Hungarian Socialists Criticise Banknote Revamp
- 4 Sep 2014 9:00 AM
- current affairs
The National Bank of Hungary (NBH) on Monday announced it would revamp the banknotes it issues in 2014-2018. The opposition Socialists interpreted the announcement as the government’s admission that it has dropped plans to introduce the euro in Hungary. Sándor Burány, Socialist head of parliament’s budget committee, told MTI that “the government prefers a weak forint, which increases the burden ...
Hungary's Central Bank Gov Refuses To Attend Hearing On Spending
- 4 Sep 2014 9:00 AM
- current affairs
Central bank governor György Matolcsy has refused to attend a hearing called by parliament’s budget committee to answer questions about central bank spending. Matolcsy said he regards the convening of the parliamentary committee illegal, as the head of the central bank under the law reports to the economic committee only.
National Bank of Hungary Contributes HUF 200bn To Educational Foundations
- 29 Aug 2014 9:00 AM
- community & culture
The National Bank of Hungary has contributed 200 billion forints (EUR 639m) to four foundations established to support instruction in economics and finance. Central bank governor Gyorgy Matolcsy said in an interview with Vs.hu that Hungary’s success in the coming decades would depend on renewing the teaching of economics and finance, and this required new institutions, new instructors and new ...
Hungary National Debt Reaches 85% Of GDP
- 20 Aug 2014 9:00 AM
- business
“The Day of Collapse is approaching. The cabinet’s dilettante economic policy and the central bank’s bad interest and forint policies have resulted in debt reaching its highest level in 20 years”. – Statement issued Monday by opposition political coalition Together-Dialogue for Hungary.
Parties Comment On Hungary Debt Ratio Rise
- 19 Aug 2014 10:00 AM
- current affairs
Hungary’s public debt, calculated at nominal value, in line with Maastricht methodology, reached 25,432 billion forints (EUR 81.2bn), or 85.1% of GDP, at the end of June, preliminary data on financial accounts published by the National Bank of Hungary (NBH) on Monday show. Transactions raised the debt by 434 billion forints during the period. The weaker forint boosted it by 65 billion forints. ...