71 result(s) for rate hikes
Hungary Fully Reimbursed IMF - European Commission Loan
- 7 Apr 2016 9:00 AM
- business
On 6 April 2016, the European Commission credited the last instalment, EUR 1.5bn, of the loan facility that the former Hungarian government had received from the IMF and the European Commission in 2008 and 2009, Minister for National Economy Mihály Varga announced. With this step, he added, the Government has reached its goal of creating economic policy independence also in terms of state ...
Hungary’s 2016 Budget “Designed To Boost Economy, Help Families”
- 1 Jun 2015 9:00 AM
- business
The government seeks to promote job creation and boost the economy as well as provide assistance to families, a state secretary of the economy ministry said in his introduction to the parliamentary debate on next year’s budget. Béla Glattfelder said the bill would introduce changes to 18 laws, including rules governing efforts to reduce Hungary’s state debt. The current growth and inflation path ...
Xpat Opinion: Hungary's 2016 Draft Budget Tabled In Parliament
- 19 May 2015 9:00 AM
- business
As Mihály Varga Minister of National Economy submits the draft of the 2016 budget to Parliament, analysts from across the political spectrum assess it according to their own political tastes and leanings.
Can Hungarian Economy Grow Without Causing Imbalances?
- 25 Apr 2014 9:00 AM
- business
A respected Hungarian economist, Tamás Mellár considers the potential consequences of parliamentary elections for Hungary's economic policy and the options the new government will have to choose from.
Xpat Opinion: EU Recognizes Hungary's Favourable Growth Forecasts
- 28 Feb 2014 8:00 AM
- current affairs
Commenting on recent statistics, a pro-government economist contends that PM Orbán has been successful in consolidating the Hungarian economy. The leading left-wing daily cites data from the building industry to underpin its view that the government’s policies have mostly failed.
Analysts See More Rate Hikes In Hungary In 2011
- 19 Dec 2010 6:00 AM
- business
"The National Bank (MNB) will keep the base rate unchanged at 5.5%, but raise them again before very long, according to analysts surveyed by Napi Gazdasag. Takarekbank’s Gergely Suppan said the MNB will wait until early 2011 to raise rates, which will come on the heels of higher inflation figures than expected in December and January.
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.
JPmorgan Sees Hungary's Forint At 250 vs EUR By End-2011
- 22 Mar 2010 1:00 AM
- business
"Hungary’s forint could firm to 250 versus the euro by the end of 2011, and the country is likely to be the first in the region to join the euro zone, JPMorgan projected in its latest quarterly research note on Friday. While JPMorgan’s analysts expect the Hungarian economy to grow by 0.5% this year, UBS is less upbeat, forecasting a 0.5% GDP contraction.
Hungary Fully Reimbursed IMF - European Commission Loan
- 7 Apr 2016 9:00 AM
- business
On 6 April 2016, the European Commission credited the last instalment, EUR 1.5bn, of the loan facility that the former Hungarian government had received from the IMF and the European Commission in 2008 and 2009, Minister for National Economy Mihály Varga announced. With this step, he added, the Government has reached its goal of creating economic policy independence also in terms of state ...
Hungary’s 2016 Budget “Designed To Boost Economy, Help Families”
- 1 Jun 2015 9:00 AM
- business
The government seeks to promote job creation and boost the economy as well as provide assistance to families, a state secretary of the economy ministry said in his introduction to the parliamentary debate on next year’s budget. Béla Glattfelder said the bill would introduce changes to 18 laws, including rules governing efforts to reduce Hungary’s state debt. The current growth and inflation path ...
Xpat Opinion: Hungary's 2016 Draft Budget Tabled In Parliament
- 19 May 2015 9:00 AM
- business
As Mihály Varga Minister of National Economy submits the draft of the 2016 budget to Parliament, analysts from across the political spectrum assess it according to their own political tastes and leanings.
Can Hungarian Economy Grow Without Causing Imbalances?
- 25 Apr 2014 9:00 AM
- business
A respected Hungarian economist, Tamás Mellár considers the potential consequences of parliamentary elections for Hungary's economic policy and the options the new government will have to choose from.
Xpat Opinion: EU Recognizes Hungary's Favourable Growth Forecasts
- 28 Feb 2014 8:00 AM
- current affairs
Commenting on recent statistics, a pro-government economist contends that PM Orbán has been successful in consolidating the Hungarian economy. The leading left-wing daily cites data from the building industry to underpin its view that the government’s policies have mostly failed.
Analysts See More Rate Hikes In Hungary In 2011
- 19 Dec 2010 6:00 AM
- business
"The National Bank (MNB) will keep the base rate unchanged at 5.5%, but raise them again before very long, according to analysts surveyed by Napi Gazdasag. Takarekbank’s Gergely Suppan said the MNB will wait until early 2011 to raise rates, which will come on the heels of higher inflation figures than expected in December and January.
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.
JPmorgan Sees Hungary's Forint At 250 vs EUR By End-2011
- 22 Mar 2010 1:00 AM
- business
"Hungary’s forint could firm to 250 versus the euro by the end of 2011, and the country is likely to be the first in the region to join the euro zone, JPMorgan projected in its latest quarterly research note on Friday. While JPMorgan’s analysts expect the Hungarian economy to grow by 0.5% this year, UBS is less upbeat, forecasting a 0.5% GDP contraction.