35 result(s) for nbh in Current Affairs
Hungary’s President Áder Appoints New Central Bank Deputy Governor
- 25 Aug 2015 9:00 AM
- current affairs
President János Áder has appointed Márton Nagy deputy governor of the National Bank of Hungary (NBH) with effect of September 1, the latest issue of the official gazette Magyar Közlöny said. His predecessor, Ádám Balog, has become chairman-CEO of state-owned MKB Bank.
C Bank Suing Hungarian Liberal Party Politician Over False Statements
- 19 Mar 2015 8:00 AM
- current affairs
The National Bank of Hungary said it is suing Zoltán Bodnár of the opposition Hungarian Liberal Party for making false statements about the activities of the bank. The NBH dismissed the statements “made purely for political gain” and asked for corrections from the media that carried them.
Govt To Shorten Period Between Screenings In Wake Of Buda-Cash Affair
- 2 Mar 2015 4:00 AM
- current affairs
The government has already started drafting a package of changes to rules in the wake of the Buda-Cash affair, Economy Minister Mihály Varga told public television. The package would shorten the time between comprehensive reviews of financial institutions to three years from five at present, Varga said.
Hungary’s Central Bank Outlines Proposal For Asset Management Agency
- 13 Nov 2014 1:00 AM
- current affairs
The National Bank of Hungary has outlined a proposal to set up an agency to manage distressed assets. The central bank’s Monetary Council approved a financing limit of 300 billion forints for the manager to buy up “a significant part” of a portfolio it estimated to be worth around 800 billion forints at book value.
Hungary’s Central Bank Rejects Opposition Attack On Their Independence
- 8 Sep 2014 4:00 AM
- current affairs
Opposition parties are trying to limit the independence of the central bank, the National Bank of Hungary said. “In recent weeks, some political parties and media outlets close to them have tried, unsuccessfully, to question the legal standing of the NBH in the central bank act and resolutions on its basic tasks,” the bank said.
Hungarian Socialists Criticise Banknote Revamp
- 4 Sep 2014 9:00 AM
- current affairs
The National Bank of Hungary (NBH) on Monday announced it would revamp the banknotes it issues in 2014-2018. The opposition Socialists interpreted the announcement as the government’s admission that it has dropped plans to introduce the euro in Hungary. Sándor Burány, Socialist head of parliament’s budget committee, told MTI that “the government prefers a weak forint, which increases the burden ...
Parties Comment On Hungary Debt Ratio Rise
- 19 Aug 2014 10:00 AM
- current affairs
Hungary’s public debt, calculated at nominal value, in line with Maastricht methodology, reached 25,432 billion forints (EUR 81.2bn), or 85.1% of GDP, at the end of June, preliminary data on financial accounts published by the National Bank of Hungary (NBH) on Monday show. Transactions raised the debt by 434 billion forints during the period. The weaker forint boosted it by 65 billion forints. ...
Hungarian Govt To Freeze 110 Billion Forints In Spending
- 18 Jul 2014 9:00 AM
- current affairs
The government will freeze 110 billion forints (EUR 355m) in central budget expenditures to ensure that this year’s 2.9%-of-GDP deficit target can be met, Economy Minister Mihály Varga said on Thursday. The freeze will not affect families or businesses, only government expenditures, he said at a conference of the Hungarian Economic Association and the Fiscal Council.
Socialists Call On Hungary’s Central Bank To Stop “Outrageous Spending”
- 18 Apr 2014 9:00 AM
- current affairs
The opposition Socialists on Thursday called on the governor of the National Bank of Hungary to drop an “outrageous” policy of spending over a hundred billion forints on purchasing new properties, as well as a Guarneri violin or a painting by Brueghel. Socialist lawmaker István Józsa referred to a report by news website Index on Wednesday, and said that the central bank was spending 90 billion ...
Hungary’s President Áder Appoints New Central Bank Deputy Governor
- 25 Aug 2015 9:00 AM
- current affairs
President János Áder has appointed Márton Nagy deputy governor of the National Bank of Hungary (NBH) with effect of September 1, the latest issue of the official gazette Magyar Közlöny said. His predecessor, Ádám Balog, has become chairman-CEO of state-owned MKB Bank.
C Bank Suing Hungarian Liberal Party Politician Over False Statements
- 19 Mar 2015 8:00 AM
- current affairs
The National Bank of Hungary said it is suing Zoltán Bodnár of the opposition Hungarian Liberal Party for making false statements about the activities of the bank. The NBH dismissed the statements “made purely for political gain” and asked for corrections from the media that carried them.
Govt To Shorten Period Between Screenings In Wake Of Buda-Cash Affair
- 2 Mar 2015 4:00 AM
- current affairs
The government has already started drafting a package of changes to rules in the wake of the Buda-Cash affair, Economy Minister Mihály Varga told public television. The package would shorten the time between comprehensive reviews of financial institutions to three years from five at present, Varga said.
Hungary’s Central Bank Outlines Proposal For Asset Management Agency
- 13 Nov 2014 1:00 AM
- current affairs
The National Bank of Hungary has outlined a proposal to set up an agency to manage distressed assets. The central bank’s Monetary Council approved a financing limit of 300 billion forints for the manager to buy up “a significant part” of a portfolio it estimated to be worth around 800 billion forints at book value.
Hungary’s Central Bank Rejects Opposition Attack On Their Independence
- 8 Sep 2014 4:00 AM
- current affairs
Opposition parties are trying to limit the independence of the central bank, the National Bank of Hungary said. “In recent weeks, some political parties and media outlets close to them have tried, unsuccessfully, to question the legal standing of the NBH in the central bank act and resolutions on its basic tasks,” the bank said.
Hungarian Socialists Criticise Banknote Revamp
- 4 Sep 2014 9:00 AM
- current affairs
The National Bank of Hungary (NBH) on Monday announced it would revamp the banknotes it issues in 2014-2018. The opposition Socialists interpreted the announcement as the government’s admission that it has dropped plans to introduce the euro in Hungary. Sándor Burány, Socialist head of parliament’s budget committee, told MTI that “the government prefers a weak forint, which increases the burden ...
Parties Comment On Hungary Debt Ratio Rise
- 19 Aug 2014 10:00 AM
- current affairs
Hungary’s public debt, calculated at nominal value, in line with Maastricht methodology, reached 25,432 billion forints (EUR 81.2bn), or 85.1% of GDP, at the end of June, preliminary data on financial accounts published by the National Bank of Hungary (NBH) on Monday show. Transactions raised the debt by 434 billion forints during the period. The weaker forint boosted it by 65 billion forints. ...
Hungarian Govt To Freeze 110 Billion Forints In Spending
- 18 Jul 2014 9:00 AM
- current affairs
The government will freeze 110 billion forints (EUR 355m) in central budget expenditures to ensure that this year’s 2.9%-of-GDP deficit target can be met, Economy Minister Mihály Varga said on Thursday. The freeze will not affect families or businesses, only government expenditures, he said at a conference of the Hungarian Economic Association and the Fiscal Council.
Socialists Call On Hungary’s Central Bank To Stop “Outrageous Spending”
- 18 Apr 2014 9:00 AM
- current affairs
The opposition Socialists on Thursday called on the governor of the National Bank of Hungary to drop an “outrageous” policy of spending over a hundred billion forints on purchasing new properties, as well as a Guarneri violin or a painting by Brueghel. Socialist lawmaker István Józsa referred to a report by news website Index on Wednesday, and said that the central bank was spending 90 billion ...