1,289 result(s) for national bank hungary
NBH-Scandal – Jobbik Lambasts Central Bank Governor Over “Financing State”
- 4 May 2016 9:00 AM
- business
The opposition Jobbik party has called on György Matolcsy, governor of the National Bank of Hungary, to resign over recent scandals including purchases of state securities by the central bank’s foundations. Jobbik deputy leader Dániel Z Kárpát told a press conference on Monday that through those purchases the central bank has violated a prohibition of financing state operations, and has ...
European Football Chiefs Gather In Budapest As UEFA Holds Congress In Hungary
- 3 May 2016 9:00 AM
- sport
A new era for football started in Budapest this week as Hungary hosted the 40th UEFA Ordinary Congress in the Syma events venue in the presence of representatives from every one of UEFA’s member associations.
Hungarian National Bank To Withdraw Old Notes
- 28 Apr 2016 12:40 PM
- current affairs
MNB will withdraw the Ft 20,000 bank notes, that were issued before 2015, from circulation at the end of the year, it was just announced. The banknotes can be exchanged and converted at Magyar Posta offices until January 2020. New Ft 20,000 notes with enhanced security features were issued last year.
2017 Budget Bill Targets Deficit Of HUF 1,166.4 BN
- 28 Apr 2016 9:00 AM
- business
Hungary’s budget is expected to run a cash-flow-based deficit of 1,166.4 billion forints (EUR 3.7bn) next year, well above the 761.6 billion gap targeted for 2016. The 2017 budget bill targets revenue of 17,374.9 billion forints and expenditures of 18,541.3 billion.
Hungarian CBank Cuts Base Rate 15 Bp
- 27 Apr 2016 9:00 AM
- business
Hungarian rate-setters cut the base rate by 15 basis points to 1.05% at a meeting on Tuesday, in line with market expectations. The National Bank of Hungary’s Monetary Council also narrowed its interest rate corridor, a band around the base rate that prevents extreme fluctuations of interbank rates, bringing the overnight collateralised loan rate to 1.30% while keeping the O/N central bank ...
Parl CTTEE Approves Changes To CBank Law In Line With Top Court Ruling
- 22 Apr 2016 9:00 AM
- current affairs
Parliament’s legislation committee approved changes to a draft amendment to the central bank law, which aims to bring the legislation in line with a recent top court ruling raising concerns over data secrecy measures. The changes proposed by Erik Bánki, a lawmaker for Fidesz, would remove passages from the law that gave foundations owned by the central bank the right to restrict access to their ...
Sziget Festival Prepares For Record Turnout And More
- 20 Apr 2016 9:02 AM
- entertainment
Sziget is the Island of Freedom and also the winner of the ‘Best European Festival Line-up Award’ in 2015. To live up to its traditions, the festival continues to build its identity upon a very diverse and open-minded program structure, making sure that it is much more than ‘just’ a music festival.
Hungaroring Celebrates Its 30th Birthday
- 19 Apr 2016 9:00 AM
- sport
The fact that the Formula 1 race was being organised for the fourth time already in 1989, the year of the political turn, clearly tells what a remarkable pole-position Hungary used to hold among the countries of the former Eastern bloc. The Hungaroring is celebrating its 30th birthday this year and it’s as popular as always, with excellent prospects.
Hungary’s PM: Orbán: ‘I Am Not A Wealthy Man’
- 12 Apr 2016 9:00 AM
- current affairs
Prime Minister Viktor Orbán said he was not a wealthy man and he did not have a “strawman”, in response to a question by Jobbik in parliament. “I never had a strawman, nor do I have one now or will I ever have one in the future,” Orbán said, responding to a question on whether Lőrinc Mészáros, the mayor of his native Felcsút, was acting as his “front”. Orbán added that he had been a Member of ...
NBH-Scandal – Jobbik Lambasts Central Bank Governor Over “Financing State”
- 4 May 2016 9:00 AM
- business
The opposition Jobbik party has called on György Matolcsy, governor of the National Bank of Hungary, to resign over recent scandals including purchases of state securities by the central bank’s foundations. Jobbik deputy leader Dániel Z Kárpát told a press conference on Monday that through those purchases the central bank has violated a prohibition of financing state operations, and has ...
European Football Chiefs Gather In Budapest As UEFA Holds Congress In Hungary
- 3 May 2016 9:00 AM
- sport
A new era for football started in Budapest this week as Hungary hosted the 40th UEFA Ordinary Congress in the Syma events venue in the presence of representatives from every one of UEFA’s member associations.
Hungarian National Bank To Withdraw Old Notes
- 28 Apr 2016 12:40 PM
- current affairs
MNB will withdraw the Ft 20,000 bank notes, that were issued before 2015, from circulation at the end of the year, it was just announced. The banknotes can be exchanged and converted at Magyar Posta offices until January 2020. New Ft 20,000 notes with enhanced security features were issued last year.
2017 Budget Bill Targets Deficit Of HUF 1,166.4 BN
- 28 Apr 2016 9:00 AM
- business
Hungary’s budget is expected to run a cash-flow-based deficit of 1,166.4 billion forints (EUR 3.7bn) next year, well above the 761.6 billion gap targeted for 2016. The 2017 budget bill targets revenue of 17,374.9 billion forints and expenditures of 18,541.3 billion.
Hungarian CBank Cuts Base Rate 15 Bp
- 27 Apr 2016 9:00 AM
- business
Hungarian rate-setters cut the base rate by 15 basis points to 1.05% at a meeting on Tuesday, in line with market expectations. The National Bank of Hungary’s Monetary Council also narrowed its interest rate corridor, a band around the base rate that prevents extreme fluctuations of interbank rates, bringing the overnight collateralised loan rate to 1.30% while keeping the O/N central bank ...
Parl CTTEE Approves Changes To CBank Law In Line With Top Court Ruling
- 22 Apr 2016 9:00 AM
- current affairs
Parliament’s legislation committee approved changes to a draft amendment to the central bank law, which aims to bring the legislation in line with a recent top court ruling raising concerns over data secrecy measures. The changes proposed by Erik Bánki, a lawmaker for Fidesz, would remove passages from the law that gave foundations owned by the central bank the right to restrict access to their ...
Sziget Festival Prepares For Record Turnout And More
- 20 Apr 2016 9:02 AM
- entertainment
Sziget is the Island of Freedom and also the winner of the ‘Best European Festival Line-up Award’ in 2015. To live up to its traditions, the festival continues to build its identity upon a very diverse and open-minded program structure, making sure that it is much more than ‘just’ a music festival.
Hungaroring Celebrates Its 30th Birthday
- 19 Apr 2016 9:00 AM
- sport
The fact that the Formula 1 race was being organised for the fourth time already in 1989, the year of the political turn, clearly tells what a remarkable pole-position Hungary used to hold among the countries of the former Eastern bloc. The Hungaroring is celebrating its 30th birthday this year and it’s as popular as always, with excellent prospects.
Hungary’s PM: Orbán: ‘I Am Not A Wealthy Man’
- 12 Apr 2016 9:00 AM
- current affairs
Prime Minister Viktor Orbán said he was not a wealthy man and he did not have a “strawman”, in response to a question by Jobbik in parliament. “I never had a strawman, nor do I have one now or will I ever have one in the future,” Orbán said, responding to a question on whether Lőrinc Mészáros, the mayor of his native Felcsút, was acting as his “front”. Orbán added that he had been a Member of ...