1,693 result(s) for reduce
Matolcsy: Forint Weakening Not Related To Hungary Fundamentals
- 19 Dec 2014 8:00 AM
- business
There is no special Hungarian story behind the latest weakening of the forint, the central bank’s governor György Matolcsy said. The National Bank of Hungary has no exchange rate target and is not compelled to intervene to stop the currency’s weakening, he said, adding that bank’s international reserves provided a decent buffer.
ÁKK: Hungary To Borrow USD 25 Billion In 2015
- 19 Dec 2014 8:00 AM
- current affairs
At a joint press conference held on Thursday 18 December, by the Ministry for National Economics and the State Debt Management Company (ÁKK), Deputy CEO László András Borbély presented Hungary’s national debt management plans for 2015.
Hungary’s Opposition Parties Slam Govt Plans
- 16 Dec 2014 8:00 AM
- current affairs
Opposition politicians savaged the government’s economic policies ahead of the budget vote. Socialist lawmaker Sándor Burány said that the budget was based on tax rises which had a common theme: the government was taxing everything it possibly could. The Socialist head of parliament’s budget committee said the government’s goal was to safeguard the deficit target while paying for “prestige ...
Hungary's PM Orbán Takes On Readers’ Questions
- 10 Dec 2014 8:00 AM
- current affairs
Prime Minister Viktor Orbán answered questions, many of them hostile, posed by Blikk readers when he visited the tabloid’s offices on Tuesday. Several questions raised the topic of poverty, with one person asking how Orbán can sleep at night, while others objected to plans to restrict Sunday shopping.
Hungary's Sovereignty Must Be Protected, Prime Minister Says
- 8 Dec 2014 8:00 AM
- current affairs
National sovereignty consists of energy, financial and trade independence, Prime Minister Orbán pointed out in Kossuth Radio’s morning interview, adding he regards Senator McCain’s recent claims as “extremist”. Viktor Orbán also noted Hungary’s national sovereignty is far more important than dealing with such statements.
Electricity, Gas In Hungary Second Cheapest In Europe
- 4 Dec 2014 8:00 AM
- shopping
Hungarian families now pay the second lowest prices for gas and electricity in the European Union, János Fónagy, state secretary at the development ministry, said. Fónagy said that the government’s utility cuts programme, launched in January last year, has so far left 334 billion forints (EUR 1.1bn) with families.
New Statutes Might Reduce Market Share Of Foreign-Owned Food Retailers
- 4 Dec 2014 8:00 AM
- shopping
The Hungarian government is about to use legal measures to reduce the market share of foreign-owned retail chain stores in Hungary. The proposed measures - which amalgamate related ideas of the past five years - might even shoo off some foreign retailers from Hungary altogether.
Updated: US Senator McCain Lashes Out At Hungary's PM Orbán
- 3 Dec 2014 8:00 AM
- current affairs
The US Senate on Tuesday voted 52-42 in favour of television producer Colleen Bell to be appointed as ambassador to Budapest, despite strenuous objections from Republican Senator John McCain. The Foreign Ministry endorsed her appointment in the autumn of last year.
EU Transfers Raise NBH Reserves By Eur 1.2bn In Q3
- 28 Nov 2014 8:00 AM
- business
Net transfers from the European Union remained the main item raising the National Bank of Hungary’s (NBH) international reserves, adding nearly 1.2 billion euros in the third quarter, according to the central bank’s interim report.
Matolcsy: Forint Weakening Not Related To Hungary Fundamentals
- 19 Dec 2014 8:00 AM
- business
There is no special Hungarian story behind the latest weakening of the forint, the central bank’s governor György Matolcsy said. The National Bank of Hungary has no exchange rate target and is not compelled to intervene to stop the currency’s weakening, he said, adding that bank’s international reserves provided a decent buffer.
ÁKK: Hungary To Borrow USD 25 Billion In 2015
- 19 Dec 2014 8:00 AM
- current affairs
At a joint press conference held on Thursday 18 December, by the Ministry for National Economics and the State Debt Management Company (ÁKK), Deputy CEO László András Borbély presented Hungary’s national debt management plans for 2015.
Hungary’s Opposition Parties Slam Govt Plans
- 16 Dec 2014 8:00 AM
- current affairs
Opposition politicians savaged the government’s economic policies ahead of the budget vote. Socialist lawmaker Sándor Burány said that the budget was based on tax rises which had a common theme: the government was taxing everything it possibly could. The Socialist head of parliament’s budget committee said the government’s goal was to safeguard the deficit target while paying for “prestige ...
Hungary's PM Orbán Takes On Readers’ Questions
- 10 Dec 2014 8:00 AM
- current affairs
Prime Minister Viktor Orbán answered questions, many of them hostile, posed by Blikk readers when he visited the tabloid’s offices on Tuesday. Several questions raised the topic of poverty, with one person asking how Orbán can sleep at night, while others objected to plans to restrict Sunday shopping.
Hungary's Sovereignty Must Be Protected, Prime Minister Says
- 8 Dec 2014 8:00 AM
- current affairs
National sovereignty consists of energy, financial and trade independence, Prime Minister Orbán pointed out in Kossuth Radio’s morning interview, adding he regards Senator McCain’s recent claims as “extremist”. Viktor Orbán also noted Hungary’s national sovereignty is far more important than dealing with such statements.
Electricity, Gas In Hungary Second Cheapest In Europe
- 4 Dec 2014 8:00 AM
- shopping
Hungarian families now pay the second lowest prices for gas and electricity in the European Union, János Fónagy, state secretary at the development ministry, said. Fónagy said that the government’s utility cuts programme, launched in January last year, has so far left 334 billion forints (EUR 1.1bn) with families.
New Statutes Might Reduce Market Share Of Foreign-Owned Food Retailers
- 4 Dec 2014 8:00 AM
- shopping
The Hungarian government is about to use legal measures to reduce the market share of foreign-owned retail chain stores in Hungary. The proposed measures - which amalgamate related ideas of the past five years - might even shoo off some foreign retailers from Hungary altogether.
Updated: US Senator McCain Lashes Out At Hungary's PM Orbán
- 3 Dec 2014 8:00 AM
- current affairs
The US Senate on Tuesday voted 52-42 in favour of television producer Colleen Bell to be appointed as ambassador to Budapest, despite strenuous objections from Republican Senator John McCain. The Foreign Ministry endorsed her appointment in the autumn of last year.
EU Transfers Raise NBH Reserves By Eur 1.2bn In Q3
- 28 Nov 2014 8:00 AM
- business
Net transfers from the European Union remained the main item raising the National Bank of Hungary’s (NBH) international reserves, adding nearly 1.2 billion euros in the third quarter, according to the central bank’s interim report.