1,289 result(s) for national bank hungary
Hungarian Prosecutors Ask Ministry To Lift Goodfriend’s Immunity
- 23 Dec 2014 8:00 AM
- current affairs
Like a bad episode from the Twilight Zone, Hungarian prosecutors today asked the Ministry for Foreign Affairs and Trade to lift US Embassy Chargé d’affaires André Goodfriend’s immunity from prosecution so that he can be tried in Hungary for defamation. Thanks to changes made to the criminal code under the current Fidesz-KDNP government, defamation is now a felony punishable with up to three years ...
Hungary Seeks To Restore Domestic Ownership Of Major Enterprises
- 22 Dec 2014 8:00 AM
- current affairs
The Hungarian government is attempting to restore large enterprises to Hungarian state ownership. It is working hard to convince foreign owners to sell their assets to Hungarian investors. Heti Válasz offers a wrap-up of the four-year process, which includes, among other sectors, electricity generation and the media.
Matolcsy: Forint Weakening Not Related To Hungary Fundamentals
- 19 Dec 2014 8:00 AM
- business
There is no special Hungarian story behind the latest weakening of the forint, the central bank’s governor György Matolcsy said. The National Bank of Hungary has no exchange rate target and is not compelled to intervene to stop the currency’s weakening, he said, adding that bank’s international reserves provided a decent buffer.
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.
National Bank Of Hungary: Monetary Transmission To Be Strengthened By FX Loan Conversion
- 19 Dec 2014 8:00 AM
- business
Monetary transmission will be strengthened by the conversion of retail foreign-exchange loans into forints as it will eliminate the exposure of Hungarian households to foreign currency as well as the related risks, the National Bank of Hungary (NBH) said in its quarterly Inflation Report.
ÁKK: Hungary To Borrow USD 25 Billion In 2015
- 19 Dec 2014 8:00 AM
- current affairs
At a joint press conference held on Thursday 18 December, by the Ministry for National Economics and the State Debt Management Company (ÁKK), Deputy CEO László András Borbély presented Hungary’s national debt management plans for 2015.
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 ...
RTL Group Files Complaint With EC Over Hungary Ad Tax
- 17 Dec 2014 8:00 AM
- current affairs
Luxembourg-based RTL Group filed an official complaint with the European Commission on Thursday over Hungary’s new tax on the advertising revenues of media outlets. RTL argues that the tax is “confiscatory” in that it aims to collect 80% of the tax (HUF 4,5 billion or USD 18,7 million) from an independent media group possessing just 13.5% market share.
Hungary’s Oct Current - Account Surplus Euro 232M
- 17 Dec 2014 8:00 AM
- business
Hungary’s current account posted a surplus of 231.6 million euros in October, the National Bank of Hungary said. The surplus was down from 865.5 million euros in September and 263.7 million euros in August.
Hungarian Prosecutors Ask Ministry To Lift Goodfriend’s Immunity
- 23 Dec 2014 8:00 AM
- current affairs
Like a bad episode from the Twilight Zone, Hungarian prosecutors today asked the Ministry for Foreign Affairs and Trade to lift US Embassy Chargé d’affaires André Goodfriend’s immunity from prosecution so that he can be tried in Hungary for defamation. Thanks to changes made to the criminal code under the current Fidesz-KDNP government, defamation is now a felony punishable with up to three years ...
Hungary Seeks To Restore Domestic Ownership Of Major Enterprises
- 22 Dec 2014 8:00 AM
- current affairs
The Hungarian government is attempting to restore large enterprises to Hungarian state ownership. It is working hard to convince foreign owners to sell their assets to Hungarian investors. Heti Válasz offers a wrap-up of the four-year process, which includes, among other sectors, electricity generation and the media.
Matolcsy: Forint Weakening Not Related To Hungary Fundamentals
- 19 Dec 2014 8:00 AM
- business
There is no special Hungarian story behind the latest weakening of the forint, the central bank’s governor György Matolcsy said. The National Bank of Hungary has no exchange rate target and is not compelled to intervene to stop the currency’s weakening, he said, adding that bank’s international reserves provided a decent buffer.
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.
National Bank Of Hungary: Monetary Transmission To Be Strengthened By FX Loan Conversion
- 19 Dec 2014 8:00 AM
- business
Monetary transmission will be strengthened by the conversion of retail foreign-exchange loans into forints as it will eliminate the exposure of Hungarian households to foreign currency as well as the related risks, the National Bank of Hungary (NBH) said in its quarterly Inflation Report.
ÁKK: Hungary To Borrow USD 25 Billion In 2015
- 19 Dec 2014 8:00 AM
- current affairs
At a joint press conference held on Thursday 18 December, by the Ministry for National Economics and the State Debt Management Company (ÁKK), Deputy CEO László András Borbély presented Hungary’s national debt management plans for 2015.
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 ...
RTL Group Files Complaint With EC Over Hungary Ad Tax
- 17 Dec 2014 8:00 AM
- current affairs
Luxembourg-based RTL Group filed an official complaint with the European Commission on Thursday over Hungary’s new tax on the advertising revenues of media outlets. RTL argues that the tax is “confiscatory” in that it aims to collect 80% of the tax (HUF 4,5 billion or USD 18,7 million) from an independent media group possessing just 13.5% market share.
Hungary’s Oct Current - Account Surplus Euro 232M
- 17 Dec 2014 8:00 AM
- business
Hungary’s current account posted a surplus of 231.6 million euros in October, the National Bank of Hungary said. The surplus was down from 865.5 million euros in September and 263.7 million euros in August.