269 result(s) for price in Business
Hungarian National Bank Advises Caution In Borrowing
- 15 Dec 2015 8:00 AM
- business
The MNB is advising Hungarians to be careful in taking out consumer loans during the Christmas season. The central bank noted that the total cost of lending (THM) for consumer credit, personal loans, overdrafts and credit cards can vary significantly among service providers.
City Analysts Forecast Lower Inflation For Hungary
- 12 Dec 2015 8:00 AM
- business
London-based analysts of JP Morgan and Morgan Stanley both lowered their Hungarian inflation forecasts for next year. Analysts at JP Morgan expect Hungarian inflation to be at 2.1% at the end of 2016, lower than their earlier 2.3% forecast. JP Morgan left their prediction of 2.5% inflation for 2017 unchanged. JP Morgan said lower inflation numbers in October and November made them reconsider ...
NBH Governor: Hungary Sees Price, Financial Stability Since 2013
- 5 Nov 2015 8:00 AM
- business
Hungary has enjoyed price and financial stability since 2013, when changes got under way at the central bank, the bank’s governor, György Matolcsy, said. Addressing lawmakers in parliament in a debate of the bank’s 2012, 2013 and 2014 business reports, Matolcsy said the bank’s new leadership in place since March 2013 had returned to a “responsible, conservative, but creatively functioning” path ...
National Bank Of Hungary May Keep Base Rate Unchanged Until 2018, 2019
- 28 Oct 2015 8:00 AM
- business
The National Bank of Hungary (NBH) may keep its base rate at a record-low 1.35% base rate until 2018 or even 2019, beyond its horizon for monetary policy, deputy governor Márton Nagy told Reuters. Nagy also said that the NBH will announce a set of incentives to boost business lending next Tuesday, and it expects to close a deal to acquire a majority stake in the Budapest Stock Exchange within ...
Lazar: Euratom Clears Paks Upgrade Contracts
- 11 Sep 2015 11:02 AM
- business
The Euratom Supply Agency has reviewed contracts for the Paks nuclear reactor development project and determined they are fully in line with the EU legal framework, government office chief Janos Lazar said on Thursday. Euratom informed the government on September 7 that the contracts for the Paks development comply with all technical, energy policy and environmental protection requirements, Lazar ...
Vajna May Buy Hungary's TV2 This Year
- 31 Aug 2015 9:00 AM
- business
Government film commissioner Andy Vajna may purchase television channel TV2 in a matter of weeks or months, Népszabadság reports. Current owners Zsolt Simon and Yvonne Dederick do not appear to have funds to pay the estimated Ft 5 billion purchase price to ProSiebenSat 1, the German company from which they bought TV2 at the end of 2013, the newspaper adds.
Hungary’s Central Bank Keeps Base Rate On Hold At 1.35%, As Expected
- 26 Aug 2015 9:00 AM
- business
Hungarian rate-setters on Tuesday kept the central bank’s key rate on hold at 1.35%, as expected. The decision was widely expected, after the rate-setters clearly signalled an end to an easing cycle at the previous monthly policy meeting. Central bank governor György Matolcsy said at the time that the earlier series of 15 basis point cuts carried out for five consecutive months would soon come to ...
Hungarians Manipulated Prices On LSE
- 14 Aug 2015 9:00 AM
- business
Three Hungarian brokers were fined £6 million after a British court found them guilty of spoofing, an illegal stock-market practice. The Hungarian gang used sophisticated high-speed trading programmes to influence prices on the London Stock Exchange. Swiss fund manager Da Vinci Invest was also fined £1.5 million.
Water Melon Growers In Hungary Set For Good Season
- 17 Jul 2015 9:00 AM
- business
Hungarian watermelon farmers expect to see a good season in 2015 with stable prices and a good harvest outlook, business daily Világgazdaság said, citing Ferenc Ledó, head of the fruit and vegetable growers’ association. Estimating the cost price of watermelon at 50-60 forints per kilogram, he said the consumer price should be between 90 forints and 130 forints, which roughly equals the current ...
Hungarian National Bank Advises Caution In Borrowing
- 15 Dec 2015 8:00 AM
- business
The MNB is advising Hungarians to be careful in taking out consumer loans during the Christmas season. The central bank noted that the total cost of lending (THM) for consumer credit, personal loans, overdrafts and credit cards can vary significantly among service providers.
City Analysts Forecast Lower Inflation For Hungary
- 12 Dec 2015 8:00 AM
- business
London-based analysts of JP Morgan and Morgan Stanley both lowered their Hungarian inflation forecasts for next year. Analysts at JP Morgan expect Hungarian inflation to be at 2.1% at the end of 2016, lower than their earlier 2.3% forecast. JP Morgan left their prediction of 2.5% inflation for 2017 unchanged. JP Morgan said lower inflation numbers in October and November made them reconsider ...
NBH Governor: Hungary Sees Price, Financial Stability Since 2013
- 5 Nov 2015 8:00 AM
- business
Hungary has enjoyed price and financial stability since 2013, when changes got under way at the central bank, the bank’s governor, György Matolcsy, said. Addressing lawmakers in parliament in a debate of the bank’s 2012, 2013 and 2014 business reports, Matolcsy said the bank’s new leadership in place since March 2013 had returned to a “responsible, conservative, but creatively functioning” path ...
National Bank Of Hungary May Keep Base Rate Unchanged Until 2018, 2019
- 28 Oct 2015 8:00 AM
- business
The National Bank of Hungary (NBH) may keep its base rate at a record-low 1.35% base rate until 2018 or even 2019, beyond its horizon for monetary policy, deputy governor Márton Nagy told Reuters. Nagy also said that the NBH will announce a set of incentives to boost business lending next Tuesday, and it expects to close a deal to acquire a majority stake in the Budapest Stock Exchange within ...
Lazar: Euratom Clears Paks Upgrade Contracts
- 11 Sep 2015 11:02 AM
- business
The Euratom Supply Agency has reviewed contracts for the Paks nuclear reactor development project and determined they are fully in line with the EU legal framework, government office chief Janos Lazar said on Thursday. Euratom informed the government on September 7 that the contracts for the Paks development comply with all technical, energy policy and environmental protection requirements, Lazar ...
Vajna May Buy Hungary's TV2 This Year
- 31 Aug 2015 9:00 AM
- business
Government film commissioner Andy Vajna may purchase television channel TV2 in a matter of weeks or months, Népszabadság reports. Current owners Zsolt Simon and Yvonne Dederick do not appear to have funds to pay the estimated Ft 5 billion purchase price to ProSiebenSat 1, the German company from which they bought TV2 at the end of 2013, the newspaper adds.
Hungary’s Central Bank Keeps Base Rate On Hold At 1.35%, As Expected
- 26 Aug 2015 9:00 AM
- business
Hungarian rate-setters on Tuesday kept the central bank’s key rate on hold at 1.35%, as expected. The decision was widely expected, after the rate-setters clearly signalled an end to an easing cycle at the previous monthly policy meeting. Central bank governor György Matolcsy said at the time that the earlier series of 15 basis point cuts carried out for five consecutive months would soon come to ...
Hungarians Manipulated Prices On LSE
- 14 Aug 2015 9:00 AM
- business
Three Hungarian brokers were fined £6 million after a British court found them guilty of spoofing, an illegal stock-market practice. The Hungarian gang used sophisticated high-speed trading programmes to influence prices on the London Stock Exchange. Swiss fund manager Da Vinci Invest was also fined £1.5 million.
Water Melon Growers In Hungary Set For Good Season
- 17 Jul 2015 9:00 AM
- business
Hungarian watermelon farmers expect to see a good season in 2015 with stable prices and a good harvest outlook, business daily Világgazdaság said, citing Ferenc Ledó, head of the fruit and vegetable growers’ association. Estimating the cost price of watermelon at 50-60 forints per kilogram, he said the consumer price should be between 90 forints and 130 forints, which roughly equals the current ...