269 result(s) for monetary policy
NBH Keeps Base Rate On Hold, As Expected
- 1 Mar 2017 6:00 AM
- business
The National Bank of Hungary’s Monetary Council decided to keep the central bank’s key rate on hold at 0.90% at a meeting on Tuesday, as expected. The council has left the base rate on hold since signalling an end to an easing cycle at a policy meeting in May.
PM Orban’s Annual State Of Nation Address
- 13 Feb 2017 6:00 AM
- current affairs
Prime Minister Viktor Orbán said Hungary’s main task in 2017 would be fending off five major “attacks” against the country. Delivering his nineteenth annual state of the nation address on Friday, Orbán listed efforts by the European Commission to prohibit government-mandated utilities price cuts as the first of those “attacks”.
Minimum Wages To Significantly Increase
- 24 Nov 2016 2:40 AM
- business
Wages for unskilled workers will be raised by 15% and for skilled workers by 25% in 2017, according to Hungary's economy minister, Mihály Varga. He said that in 2018 the minimum wages will be increased by a further 8% and 12%, respectively.
Fitch Affirms Hungary Rating At ‘BBB -’ With Stable Outlook
- 21 Nov 2016 8:00 AM
- business
Fitch Ratings has affirmed Hungary’s Long-Term Foreign and Local Currency Issuer Default Ratings (IDR) at ‘BBB-’ with a Stable Outlook. Hungary’s ratings reflect the country’s membership in the European Union, strong governance indicators, high GDP per capita and reduced external debt, Fitch said.
Matolcsy: National Bank of Hungary To Maintain Low Base Rate
- 9 Nov 2016 8:00 AM
- business
The National Bank of Hungary is likely to keep its base rate unchanged at 0.90 % even if other central banks start tightening, the bank’s governor György Matolcsy said in an interview to business daily Világgazdaság.
Referendum Seen Having ‘Little Impact’ On Markets
- 30 Sep 2016 9:00 AM
- current affairs
In terms of economic implications, pundits see little impact from the outcome of Hungary’s referendum on the EU’s refugee quota plan, set for Sunday. However, while the government expects the referendum to send a “clear message to Brussels,” analysts see it as a very strong majority rejection of EU refugee settlement policy.
NBH Leaves Base Rate Unchanged At 0.90%
- 24 Aug 2016 9:00 AM
- business
Hungarian rate setters kept the base rate unchanged at 0.90% at a policy meeting on Tuesday. The decision was in line with the expectations of analysts. The Council also left the interest rate corridor, a band around the base rate that prevents extreme fluctuations of interbank rates, unchanged at the meeting on Tuesday.
Hungarian Minister: European Commission’s Proposal: Nothing Short Of Dangerous
- 20 Jul 2016 9:00 AM
- current affairs
The proposal made by the European Commissioner for migration policy with respect to a completely new settlement programme is „nothing short of dangerous” as regards Hungary because it affects the country’s sovereignty, and the proposals constitute an invitation to millions more, János Lázár, the Minister heading the Prime Minister’s Office said at the press conference Governmentinfo 58 which he ...
Hungary’s Competition Office Clears MNB Foundation’s Real Estate Purchases
- 30 Jun 2016 9:00 AM
- property
The Competition Office of Hungary (GVH) gave the go-ahead for the purchase of four new real estate properties by the National Bank of Hungary’s (MNB) controversial Pallas Athéné foundations (PADA), according to an update on the PADA website yesterday, Hungarian News Agency MTI reported.
NBH Keeps Base Rate On Hold, As Expected
- 1 Mar 2017 6:00 AM
- business
The National Bank of Hungary’s Monetary Council decided to keep the central bank’s key rate on hold at 0.90% at a meeting on Tuesday, as expected. The council has left the base rate on hold since signalling an end to an easing cycle at a policy meeting in May.
PM Orban’s Annual State Of Nation Address
- 13 Feb 2017 6:00 AM
- current affairs
Prime Minister Viktor Orbán said Hungary’s main task in 2017 would be fending off five major “attacks” against the country. Delivering his nineteenth annual state of the nation address on Friday, Orbán listed efforts by the European Commission to prohibit government-mandated utilities price cuts as the first of those “attacks”.
Minimum Wages To Significantly Increase
- 24 Nov 2016 2:40 AM
- business
Wages for unskilled workers will be raised by 15% and for skilled workers by 25% in 2017, according to Hungary's economy minister, Mihály Varga. He said that in 2018 the minimum wages will be increased by a further 8% and 12%, respectively.
Fitch Affirms Hungary Rating At ‘BBB -’ With Stable Outlook
- 21 Nov 2016 8:00 AM
- business
Fitch Ratings has affirmed Hungary’s Long-Term Foreign and Local Currency Issuer Default Ratings (IDR) at ‘BBB-’ with a Stable Outlook. Hungary’s ratings reflect the country’s membership in the European Union, strong governance indicators, high GDP per capita and reduced external debt, Fitch said.
Matolcsy: National Bank of Hungary To Maintain Low Base Rate
- 9 Nov 2016 8:00 AM
- business
The National Bank of Hungary is likely to keep its base rate unchanged at 0.90 % even if other central banks start tightening, the bank’s governor György Matolcsy said in an interview to business daily Világgazdaság.
Referendum Seen Having ‘Little Impact’ On Markets
- 30 Sep 2016 9:00 AM
- current affairs
In terms of economic implications, pundits see little impact from the outcome of Hungary’s referendum on the EU’s refugee quota plan, set for Sunday. However, while the government expects the referendum to send a “clear message to Brussels,” analysts see it as a very strong majority rejection of EU refugee settlement policy.
NBH Leaves Base Rate Unchanged At 0.90%
- 24 Aug 2016 9:00 AM
- business
Hungarian rate setters kept the base rate unchanged at 0.90% at a policy meeting on Tuesday. The decision was in line with the expectations of analysts. The Council also left the interest rate corridor, a band around the base rate that prevents extreme fluctuations of interbank rates, unchanged at the meeting on Tuesday.
Hungarian Minister: European Commission’s Proposal: Nothing Short Of Dangerous
- 20 Jul 2016 9:00 AM
- current affairs
The proposal made by the European Commissioner for migration policy with respect to a completely new settlement programme is „nothing short of dangerous” as regards Hungary because it affects the country’s sovereignty, and the proposals constitute an invitation to millions more, János Lázár, the Minister heading the Prime Minister’s Office said at the press conference Governmentinfo 58 which he ...
Hungary’s Competition Office Clears MNB Foundation’s Real Estate Purchases
- 30 Jun 2016 9:00 AM
- property
The Competition Office of Hungary (GVH) gave the go-ahead for the purchase of four new real estate properties by the National Bank of Hungary’s (MNB) controversial Pallas Athéné foundations (PADA), according to an update on the PADA website yesterday, Hungarian News Agency MTI reported.