435 result(s) for public debt
Hungary PM Orbán Sees Single Deficit Cut Deadline For EU Members, Distances From IMF
- 27 Jul 2010 2:00 AM
- current affairs
"Hungary’s "freeing itself from the IMF" is one step forward towards the nation’s self-determination, said Prime Minister Viktor Orbán. When the country’s stand-by arrangement with the Fund expires in October, Hungary will have no business with the lender, he added. Orbán stressed that the salary of the central bank’s chief is a sovereign issue and neither the EU, nor the IMF has a say in it.
Is The Crisis Really Over In Hungary?
- 19 Jul 2010 3:00 AM
- business
"The expanding series of promising macroeconomic data has a new addition in Hungary, the latest wage and employment statistics the Central Statistics Office (KSH) has published on Friday.
Hungary Stands Out In The European Union
- 28 May 2010 1:00 AM
- business
"The European Union has broken up into four or five well-definable groups with respect to the health of their economy and the fiscal policy they had chosen to adopt in a bid to remain standing amidst the strong winds of the crisis. Hungary is not in any of these.
Hungary Needs New Growth Model For Successful Euro Adoption
- 19 May 2010 5:00 AM
- business
"Hungarian version
The earlier path of financing growth from foreign borrowing can no longer be sustained in Hungary, the National Bank of Hungary (NBH) said in its Report on the Convergence Process published on Wednesday. Reducing Hungary’s public and external debts is the key to sustainable growth and successful euro adoption. In other words, the economy will need to rely on a greater ...
IMF, EU To Accept Only Constructive Action From New Hungarian Government
- 19 May 2010 3:00 AM
- current affairs
"There is very limited guidance from Hungary’s new government on how it intends to approach fiscal consolidation in the quarters ahead, research analysts at UBS said after a recent visit to Budapest. Most observers are disregarding the populist rhetoric of centre-right Fidesz, which obtained an unprecedented two-thirds legislative majority in April - and are waiting to see actual action which ...
Hungary's Forint Gains Sharply Against Euro On Massive EU Bailout
- 11 May 2010 3:00 AM
- business
"In tandem with the rally on global stock markets Hungary’s forint has firmed sharply on Monday morning and gained 2% versus the euro in a matter of hours. The spectacular improvement in global investor sentiment comes after an unprecedented decision by the European Union to support the embattled euro and the eurozone’s weakest nations struggling with debt with a massive bailout package of EUR ...
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'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 Euro Adoption Further In The Distance
- 26 Mar 2010 2:00 AM
- business
"The market has raised its deficit forecast for 2010 for the sixth month in a row, a Reuters poll conducted between March 22 and 25 and published on Thursday showed. According to the consensus forecast of analysts, the central bank (NBH) will continue its rate cut cycle next Monday, with only three of the 27 respondents projecting unchanged rates.
Hungary PM Orbán Sees Single Deficit Cut Deadline For EU Members, Distances From IMF
- 27 Jul 2010 2:00 AM
- current affairs
"Hungary’s "freeing itself from the IMF" is one step forward towards the nation’s self-determination, said Prime Minister Viktor Orbán. When the country’s stand-by arrangement with the Fund expires in October, Hungary will have no business with the lender, he added. Orbán stressed that the salary of the central bank’s chief is a sovereign issue and neither the EU, nor the IMF has a say in it.
Is The Crisis Really Over In Hungary?
- 19 Jul 2010 3:00 AM
- business
"The expanding series of promising macroeconomic data has a new addition in Hungary, the latest wage and employment statistics the Central Statistics Office (KSH) has published on Friday.
Hungary Stands Out In The European Union
- 28 May 2010 1:00 AM
- business
"The European Union has broken up into four or five well-definable groups with respect to the health of their economy and the fiscal policy they had chosen to adopt in a bid to remain standing amidst the strong winds of the crisis. Hungary is not in any of these.
Hungary Needs New Growth Model For Successful Euro Adoption
- 19 May 2010 5:00 AM
- business
"Hungarian version
The earlier path of financing growth from foreign borrowing can no longer be sustained in Hungary, the National Bank of Hungary (NBH) said in its Report on the Convergence Process published on Wednesday. Reducing Hungary’s public and external debts is the key to sustainable growth and successful euro adoption. In other words, the economy will need to rely on a greater ...
IMF, EU To Accept Only Constructive Action From New Hungarian Government
- 19 May 2010 3:00 AM
- current affairs
"There is very limited guidance from Hungary’s new government on how it intends to approach fiscal consolidation in the quarters ahead, research analysts at UBS said after a recent visit to Budapest. Most observers are disregarding the populist rhetoric of centre-right Fidesz, which obtained an unprecedented two-thirds legislative majority in April - and are waiting to see actual action which ...
Hungary's Forint Gains Sharply Against Euro On Massive EU Bailout
- 11 May 2010 3:00 AM
- business
"In tandem with the rally on global stock markets Hungary’s forint has firmed sharply on Monday morning and gained 2% versus the euro in a matter of hours. The spectacular improvement in global investor sentiment comes after an unprecedented decision by the European Union to support the embattled euro and the eurozone’s weakest nations struggling with debt with a massive bailout package of EUR ...
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'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 Euro Adoption Further In The Distance
- 26 Mar 2010 2:00 AM
- business
"The market has raised its deficit forecast for 2010 for the sixth month in a row, a Reuters poll conducted between March 22 and 25 and published on Thursday showed. According to the consensus forecast of analysts, the central bank (NBH) will continue its rate cut cycle next Monday, with only three of the 27 respondents projecting unchanged rates.