2,985 result(s) for new low
Fitch Sees Crisis Delaying Eastern European Euro Adoption
- 7 May 2010 5:00 AM
- business
"The global financial crisis has caused a further setback to euro adoption timetables in most EU member states in central and eastern Europe (CEE), owing to a marked widening of budget deficits and higher sovereign bond spreads, Fitch Ratings has said in a new report on Thursday. The exception, in the rating agency’s view, is Estonia, which Fitch expects to join the euro area in January 2011.
Hungary EcoMin-Elect Unveils More Tax Cut Details
- 6 May 2010 3:00 AM
- business
"Hungary’s new government, to be formulated by centre-right Fidesz, knows how to respond to a new possible crisis wave, Economy Minister-designate György Matolcsy said on Thursday. He also revealed further details about his party’s tax reduction plans, saying the tax burden in Hungary needs to be cut by a third over the next three years.
No Hope For A Stronger Forint?
- 6 May 2010 3:00 AM
- business
"While Hungary’s forint has depreciated sharply against the euro over the past few days - and the slide is not over yet - fund managers polled by Portfolio.hu still do not expect the HUF to strengthen considerably. Meanwhile, their outlook on local government securities has become less upbeat, with a decreasing number of the portfolio managers active on the Hungarian market expecting HGBs to ...
Hungary Manufacturing PMI Drops Further To 51.6 In April
- 3 May 2010 11:00 AM
- business
"Hungary's manufacturing purchasing manager index (PMI) dropped 2.8 percentage points to 51.6 points in April 2010, the Hungarian Association of Logistics, Purchasing and Inventory Management (HALPIM) reported on Monday. This was the second month in a row when Hungary’s PMI dropped after rising to a 20-month high in February (55.9).
Hungarian Forint Remains Among Most Attractive EM Currencies
- 29 Apr 2010 3:00 AM
- business
"Hungary’s forint remains one of the most attractive Emerging Market currencies, the latest run of Credit Suisse’s currency model, the "Scorecard", showed on Wednesday. It suggests being long THB, BRL and HUF and being short RUB, SGD and CNY in May 2010.
Ryanair FWd Up With High Airport Rates, Turns Its Back On Budapest
- 29 Apr 2010 2:00 AM
- travel
"Ireland’s no-frills airline Ryanair has decided to withdraw from Budapest as of 31 October, as the operator of the Ferihegy International Airport rejected its request to lower charges considerably, the carrier has announced on Thursday.
Hungary's Forint Drops Sharply Over Greece, Fidesz Flaying C.Bank Chief
- 28 Apr 2010 3:00 AM
- business
"First day after the overwhelming election victory of Hungary’s centre-right Fidesz party, Prime Minister candidate Viktor Orbán has already jumped down the throat of the financial markets regulator (PSZÁF) and the National Bank of Hungary (NBH), especially harshly criticising central bank Governor András Simor. Analysts do not seem to be happy.
Hungary Fidesz Will Cut Taxes, Talk With IMF On Deficit Plans This Year
- 27 Apr 2010 4:00 AM
- business
"Hungary’s Fidesz, which won a two-thirds legislative majority on Sunday, will make amendments to tax laws in the course of 2010, but sweeping changes will be implemented only later, said Fidesz President Viktor Orbán on Monday. The next Hungarian Prime Minister told a press conference he was hopeful that Fidesz would be able to agree with the International Monetary Fund (IMF) about a new deficit ...
Hungary C.Bank Chief Intends To Stay Until His Mandate Expires
- 27 Apr 2010 3:00 AM
- business
"There were two proposals discussed at the Monetary Council’s rate meeting on Monday, one to lower the benchmark rate by 25 bps and one to cut it by 50 bps. The former proposal was supported by a "convincing majority", NBH Governor András Simor told a press conference. Hungary’s base rate was trimmed to an all-time low of 5.15% today.
Fitch Sees Crisis Delaying Eastern European Euro Adoption
- 7 May 2010 5:00 AM
- business
"The global financial crisis has caused a further setback to euro adoption timetables in most EU member states in central and eastern Europe (CEE), owing to a marked widening of budget deficits and higher sovereign bond spreads, Fitch Ratings has said in a new report on Thursday. The exception, in the rating agency’s view, is Estonia, which Fitch expects to join the euro area in January 2011.
Hungary EcoMin-Elect Unveils More Tax Cut Details
- 6 May 2010 3:00 AM
- business
"Hungary’s new government, to be formulated by centre-right Fidesz, knows how to respond to a new possible crisis wave, Economy Minister-designate György Matolcsy said on Thursday. He also revealed further details about his party’s tax reduction plans, saying the tax burden in Hungary needs to be cut by a third over the next three years.
No Hope For A Stronger Forint?
- 6 May 2010 3:00 AM
- business
"While Hungary’s forint has depreciated sharply against the euro over the past few days - and the slide is not over yet - fund managers polled by Portfolio.hu still do not expect the HUF to strengthen considerably. Meanwhile, their outlook on local government securities has become less upbeat, with a decreasing number of the portfolio managers active on the Hungarian market expecting HGBs to ...
Hungary Manufacturing PMI Drops Further To 51.6 In April
- 3 May 2010 11:00 AM
- business
"Hungary's manufacturing purchasing manager index (PMI) dropped 2.8 percentage points to 51.6 points in April 2010, the Hungarian Association of Logistics, Purchasing and Inventory Management (HALPIM) reported on Monday. This was the second month in a row when Hungary’s PMI dropped after rising to a 20-month high in February (55.9).
Hungarian Forint Remains Among Most Attractive EM Currencies
- 29 Apr 2010 3:00 AM
- business
"Hungary’s forint remains one of the most attractive Emerging Market currencies, the latest run of Credit Suisse’s currency model, the "Scorecard", showed on Wednesday. It suggests being long THB, BRL and HUF and being short RUB, SGD and CNY in May 2010.
Ryanair FWd Up With High Airport Rates, Turns Its Back On Budapest
- 29 Apr 2010 2:00 AM
- travel
"Ireland’s no-frills airline Ryanair has decided to withdraw from Budapest as of 31 October, as the operator of the Ferihegy International Airport rejected its request to lower charges considerably, the carrier has announced on Thursday.
Hungary's Forint Drops Sharply Over Greece, Fidesz Flaying C.Bank Chief
- 28 Apr 2010 3:00 AM
- business
"First day after the overwhelming election victory of Hungary’s centre-right Fidesz party, Prime Minister candidate Viktor Orbán has already jumped down the throat of the financial markets regulator (PSZÁF) and the National Bank of Hungary (NBH), especially harshly criticising central bank Governor András Simor. Analysts do not seem to be happy.
Hungary Fidesz Will Cut Taxes, Talk With IMF On Deficit Plans This Year
- 27 Apr 2010 4:00 AM
- business
"Hungary’s Fidesz, which won a two-thirds legislative majority on Sunday, will make amendments to tax laws in the course of 2010, but sweeping changes will be implemented only later, said Fidesz President Viktor Orbán on Monday. The next Hungarian Prime Minister told a press conference he was hopeful that Fidesz would be able to agree with the International Monetary Fund (IMF) about a new deficit ...
Hungary C.Bank Chief Intends To Stay Until His Mandate Expires
- 27 Apr 2010 3:00 AM
- business
"There were two proposals discussed at the Monetary Council’s rate meeting on Monday, one to lower the benchmark rate by 25 bps and one to cut it by 50 bps. The former proposal was supported by a "convincing majority", NBH Governor András Simor told a press conference. Hungary’s base rate was trimmed to an all-time low of 5.15% today.