240 result(s) for mortgage
Property Fair In Hungary Faces Up To Hard Times
- 8 Mar 2012 12:00 AM
- property
"Property market participants called for more government action to stimulate the stalled residential market, before the opening of the annual Property Fair at the Hungexpo exhibition centre. The government needs to raise interest subsidies on home loans to 4-5% from 3% and introduce a new non-refundable scheme for renovations or for the purchase of existing homes, said Gergely Karoly, chairman ...
Glut Of Unsold Homes Declines In Budapest
- 17 Feb 2012 8:06 AM
- property
"The number of unsold homes in Budapest fell to 3,100 in January from a peak of 3,800 in 2009, according to OTP mortgage subsidiary OTP Jelzálogbank. This year home builders expect to break ground on 2,000 new units, after 2,500 homes were built last year.
‘State Of The Nation’ Speech By Hungary's Prime Minister Viktor Orbán
- 9 Feb 2012 8:03 AM
- current affairs
"On 7 February 2012 Viktor Orbán gave his traditional ‘state of the nation’ speech, focusing on the past year. This was the fourteenth such occasion. At the beginning of his speech Mr. Orbán thanked all those who have stood by the country in spite of the criticism directed at it and its government. This was a reference to the four hundred thousand people who took part in the ‘Peace March for ...
IMF Report About Hungary Bristles With Warnings
- 31 Jan 2012 8:00 AM
- current affairs
"Hungary's economy may see slight growth at best this year, as the country remains highly vulnerable due to the high state debt and its exposure to the euro zone crisis, the IMF writes in its latest report on Hungary, released last week. The IMF advises the government in its report to make economic policy predictable to regain the confidence of investors and to continue with structural reforms.
Online Discount Bank Registered In Hungary
- 17 Jan 2012 8:04 AM
- business
"The Company Court has officially registered Webbank, founded to assist borrowers in converting their foreign-currency mortgage loans. The bank is to have Ft 3 billion of capital, 49% of that provided by the state and 51% by private investors. Webbank will have only one branch, but its operations will be based entirely on the internet, to keep operating costs low.
Fitch Downgrades Hungarian Banks
- 16 Jan 2012 8:10 AM
- business
"Fitch Ratings downgraded its rating of four Hungarian banks, as a consequence of its decision to reduce Hungarian state debt to junk status on January 6. Specifically, the long-term debt of CIB and K&H banks is lowered to “BBB”. Fitch also downgraded the support of the parent concerning CIB, K&H, Erste and Raiffeisen banks.
Mortgage Scheme Boosts Home Sales In Hungary
- 12 Jan 2012 10:30 AM
- property
"Home sales reached 8,700 in December, 35% above the monthly average for January-October, according to estimates by estate agency Duna House. The number of transactions was boosted by the early repayment scheme for foreign-currency mortgages, due to forced sales, the agency observed.
HUF Is Critical For Hungary’s Financial Stability
- 10 Aug 2010 2:02 AM
- business
"These are tough times for Hungarian banks, which have to deal with the new tax planned by the government while non-performing loans (NPLs) are already a burden, Societe Generale said in a research note on Tuesday. A cautious view on the forint is still warranted, it added.
Hungary PM Orbán Sees Single Deficit Cut Deadline For EU Members, Distances From IMF
- 27 Jul 2010 2:00 AM
- current affairs
"Hungary’s "freeing itself from the IMF" is one step forward towards the nation’s self-determination, said Prime Minister Viktor Orbán. When the country’s stand-by arrangement with the Fund expires in October, Hungary will have no business with the lender, he added. Orbán stressed that the salary of the central bank’s chief is a sovereign issue and neither the EU, nor the IMF has a say in it.
Property Fair In Hungary Faces Up To Hard Times
- 8 Mar 2012 12:00 AM
- property
"Property market participants called for more government action to stimulate the stalled residential market, before the opening of the annual Property Fair at the Hungexpo exhibition centre. The government needs to raise interest subsidies on home loans to 4-5% from 3% and introduce a new non-refundable scheme for renovations or for the purchase of existing homes, said Gergely Karoly, chairman ...
Glut Of Unsold Homes Declines In Budapest
- 17 Feb 2012 8:06 AM
- property
"The number of unsold homes in Budapest fell to 3,100 in January from a peak of 3,800 in 2009, according to OTP mortgage subsidiary OTP Jelzálogbank. This year home builders expect to break ground on 2,000 new units, after 2,500 homes were built last year.
‘State Of The Nation’ Speech By Hungary's Prime Minister Viktor Orbán
- 9 Feb 2012 8:03 AM
- current affairs
"On 7 February 2012 Viktor Orbán gave his traditional ‘state of the nation’ speech, focusing on the past year. This was the fourteenth such occasion. At the beginning of his speech Mr. Orbán thanked all those who have stood by the country in spite of the criticism directed at it and its government. This was a reference to the four hundred thousand people who took part in the ‘Peace March for ...
IMF Report About Hungary Bristles With Warnings
- 31 Jan 2012 8:00 AM
- current affairs
"Hungary's economy may see slight growth at best this year, as the country remains highly vulnerable due to the high state debt and its exposure to the euro zone crisis, the IMF writes in its latest report on Hungary, released last week. The IMF advises the government in its report to make economic policy predictable to regain the confidence of investors and to continue with structural reforms.
Online Discount Bank Registered In Hungary
- 17 Jan 2012 8:04 AM
- business
"The Company Court has officially registered Webbank, founded to assist borrowers in converting their foreign-currency mortgage loans. The bank is to have Ft 3 billion of capital, 49% of that provided by the state and 51% by private investors. Webbank will have only one branch, but its operations will be based entirely on the internet, to keep operating costs low.
Fitch Downgrades Hungarian Banks
- 16 Jan 2012 8:10 AM
- business
"Fitch Ratings downgraded its rating of four Hungarian banks, as a consequence of its decision to reduce Hungarian state debt to junk status on January 6. Specifically, the long-term debt of CIB and K&H banks is lowered to “BBB”. Fitch also downgraded the support of the parent concerning CIB, K&H, Erste and Raiffeisen banks.
Mortgage Scheme Boosts Home Sales In Hungary
- 12 Jan 2012 10:30 AM
- property
"Home sales reached 8,700 in December, 35% above the monthly average for January-October, according to estimates by estate agency Duna House. The number of transactions was boosted by the early repayment scheme for foreign-currency mortgages, due to forced sales, the agency observed.
HUF Is Critical For Hungary’s Financial Stability
- 10 Aug 2010 2:02 AM
- business
"These are tough times for Hungarian banks, which have to deal with the new tax planned by the government while non-performing loans (NPLs) are already a burden, Societe Generale said in a research note on Tuesday. A cautious view on the forint is still warranted, it added.
Hungary PM Orbán Sees Single Deficit Cut Deadline For EU Members, Distances From IMF
- 27 Jul 2010 2:00 AM
- current affairs
"Hungary’s "freeing itself from the IMF" is one step forward towards the nation’s self-determination, said Prime Minister Viktor Orbán. When the country’s stand-by arrangement with the Fund expires in October, Hungary will have no business with the lender, he added. Orbán stressed that the salary of the central bank’s chief is a sovereign issue and neither the EU, nor the IMF has a say in it.