291 result(s) for mnb
Hungary's Fidesz Leader Rogán Not Interested In MNB Post
- 3 Dec 2012 8:00 AM
- current affairs
Fidesz caucus leader Antal Rogán does not want to take over as governor of the National Bank when András Simor’s term ends next March, he said in an interview with Népszabadság on Saturday. He added that he would not agree with the idea that Simor be granted a second term.
Orban, Varga Optimistic On IMF Loan For Hungary
- 17 Sep 2012 9:02 AM
- current affairs
Consultations are proceeding right on schedule with negotiators of the EU and the IMF and the cabinet expects to conclude negotiations quickly, Prime Minister Viktor Orban told foreign journalists last week. Although some controversial issues remain, negotiations are going well and a precautionary loan of about €15 billion is expected, he said. A transaction tax imposed on the National Bank could ...
Hungarian Parties Fidesz And Socialists Exchange Barbs
- 15 Aug 2012 9:00 AM
- current affairs
Prime Minister Viktor Orban has damaged Hungary's reputation with several recent remarks, and the damage can be measured in forints, Socialist MP Istvan Jozsa charged. He said primarily the extension of the financial transaction tax to the MNB damaged Hungary's image but Orban's description of Hungarians as a semi-Asian people and his other July 26 statement ”let us hope that God will help us and ...
Xpat Report: Opposition Politicians Accused Of Misleading IMF Mission In Hungary
- 3 Aug 2012 9:00 AM
- current affairs
A pro-government columnist berates the IMF for consulting with people affiliated to opposition parties. In Magyar Nemzet, Anna Szabo wonders how the IMF delegation could find time for people whose opinions are “markedly anti-government”, while ordinary citizens such as herself did not have access to the delegation. Is this not in contradiction with the IMF charter? – she asks.
Markets In Hungary Turn Sour On Orban Comments
- 1 Aug 2012 9:00 AM
- business
Capital markets reacted negatively to the Prime Minister’s last Wednesday comments in which he seemed adamant about extending the financial transaction tax to the MNB, according to Bertalan Nagy, head of the private banking unit of Equilor brokers. The euphoria fuelled by hopes of a quick agreement dissipated this week and gains in Hungarian asset prices began to be priced out, he said.
Hungary's PM Orban Refuses To Back Down On Extending New Tax To MNB
- 31 Jul 2012 9:00 AM
- current affairs
The government will insist during loan talks with the EU and IMF that the financial transaction tax be applied to the MNB, Prime Minister Viktor Orban told reporters last week. The government and the IMF disagree on this issue, he said, one day after the European Central Bank (ECB) also expressed its opposition, saying the measure may violate EU rules.
Inflation Jumps To 5.6% In Hungary, Beats Forecasts
- 17 Jul 2012 9:00 AM
- business
Inflation stood at 5.6% in June, above analysts’ forecasts, after rising 5.3% year-on-year in May, the Central Statistics Office announced last week. Core inflation, stripping out the impacts of energy and food prices, was 4.9%. The spike in consumer prices was due to higher taxes, including VAT and excise taxes, analysts said. Excluding these effects, inflation rose 3.4% year-on-year in June.
IMF Accepts Central Bank Bill, Prepares For Loan Talks With Hungary
- 5 Jul 2012 10:45 AM
- current affairs
The IMF accepts Hungary’s changes to its central bank law and is ready to begin negotiations on a credit arrangement when the bill is passed, managing director Christine Lagarde informed the government in a letter made public last week.
Hungarian Banks Prepare For Intra-Day Payment
- 28 Jun 2012 9:00 AM
- business
Banks and the MNB are carrying out test runs of intra-day settlements of electronic payment orders at high volume, before a new system enters into effect on July 1, the Banking Association announced yesterday. Electronic payment orders between banks will be executed within four hours, rather than the current two or three days, from Monday.
Hungary's Fidesz Leader Rogán Not Interested In MNB Post
- 3 Dec 2012 8:00 AM
- current affairs
Fidesz caucus leader Antal Rogán does not want to take over as governor of the National Bank when András Simor’s term ends next March, he said in an interview with Népszabadság on Saturday. He added that he would not agree with the idea that Simor be granted a second term.
Orban, Varga Optimistic On IMF Loan For Hungary
- 17 Sep 2012 9:02 AM
- current affairs
Consultations are proceeding right on schedule with negotiators of the EU and the IMF and the cabinet expects to conclude negotiations quickly, Prime Minister Viktor Orban told foreign journalists last week. Although some controversial issues remain, negotiations are going well and a precautionary loan of about €15 billion is expected, he said. A transaction tax imposed on the National Bank could ...
Hungarian Parties Fidesz And Socialists Exchange Barbs
- 15 Aug 2012 9:00 AM
- current affairs
Prime Minister Viktor Orban has damaged Hungary's reputation with several recent remarks, and the damage can be measured in forints, Socialist MP Istvan Jozsa charged. He said primarily the extension of the financial transaction tax to the MNB damaged Hungary's image but Orban's description of Hungarians as a semi-Asian people and his other July 26 statement ”let us hope that God will help us and ...
Xpat Report: Opposition Politicians Accused Of Misleading IMF Mission In Hungary
- 3 Aug 2012 9:00 AM
- current affairs
A pro-government columnist berates the IMF for consulting with people affiliated to opposition parties. In Magyar Nemzet, Anna Szabo wonders how the IMF delegation could find time for people whose opinions are “markedly anti-government”, while ordinary citizens such as herself did not have access to the delegation. Is this not in contradiction with the IMF charter? – she asks.
Markets In Hungary Turn Sour On Orban Comments
- 1 Aug 2012 9:00 AM
- business
Capital markets reacted negatively to the Prime Minister’s last Wednesday comments in which he seemed adamant about extending the financial transaction tax to the MNB, according to Bertalan Nagy, head of the private banking unit of Equilor brokers. The euphoria fuelled by hopes of a quick agreement dissipated this week and gains in Hungarian asset prices began to be priced out, he said.
Hungary's PM Orban Refuses To Back Down On Extending New Tax To MNB
- 31 Jul 2012 9:00 AM
- current affairs
The government will insist during loan talks with the EU and IMF that the financial transaction tax be applied to the MNB, Prime Minister Viktor Orban told reporters last week. The government and the IMF disagree on this issue, he said, one day after the European Central Bank (ECB) also expressed its opposition, saying the measure may violate EU rules.
Inflation Jumps To 5.6% In Hungary, Beats Forecasts
- 17 Jul 2012 9:00 AM
- business
Inflation stood at 5.6% in June, above analysts’ forecasts, after rising 5.3% year-on-year in May, the Central Statistics Office announced last week. Core inflation, stripping out the impacts of energy and food prices, was 4.9%. The spike in consumer prices was due to higher taxes, including VAT and excise taxes, analysts said. Excluding these effects, inflation rose 3.4% year-on-year in June.
IMF Accepts Central Bank Bill, Prepares For Loan Talks With Hungary
- 5 Jul 2012 10:45 AM
- current affairs
The IMF accepts Hungary’s changes to its central bank law and is ready to begin negotiations on a credit arrangement when the bill is passed, managing director Christine Lagarde informed the government in a letter made public last week.
Hungarian Banks Prepare For Intra-Day Payment
- 28 Jun 2012 9:00 AM
- business
Banks and the MNB are carrying out test runs of intra-day settlements of electronic payment orders at high volume, before a new system enters into effect on July 1, the Banking Association announced yesterday. Electronic payment orders between banks will be executed within four hours, rather than the current two or three days, from Monday.