152 result(s) for repayment
Hungary’s Economy Makes Positive U-Turn
- 21 Aug 2013 9:00 AM
- business
As a result of the Government measures introduced over the past three years Hungary has begun a period of sustainable economic growth. With the early repayment of the IMF loan, Hungary has proven to be an economically independent country which can finance itself from the markets. This achievement is even more remarkable given the fact that during this process Hungary has succeeded in emerging ...
Xpat Opinion: IMF Credit For Hungary Not So Cheap After All?
- 12 Aug 2013 9:00 AM
- business
Heti Válasz argues that Hungary is actually not losing money by financing her deficit from the market, rather than from the IMF credit line.
IMF Loan To Hungary Fully Repaid
- 12 Aug 2013 3:00 AM
- business
The Government has redeemed the remainder of outstanding debt owed to the International Monetary Fund in three foreign currencies, US dollars, Euros and British pounds, as required by the institution. The Government Debt Management Agency transferred USD 1.1bn, EUR 500 million and GBP 260 million for the early repayment. The amount of unutilised loan and proceeds from the USD-denominated ...
Hungary To Pay IMF Debt On Monday
- 9 Aug 2013 8:00 AM
- current affairs
State debt manager ÁKK will pay back the remainder of Hungary’s IMF loan by Monday, vice president László András Borbély said in a Thursday radio interview. The last instalment of €2.2 billion will be paid in three currencies, as requested by the IMF: euros, US dollars and British pounds.
Xpat Opinion: Euro Over 300 HUF In Hungary
- 5 Aug 2013 9:00 AM
- business
Commentators across the political spectrum ponder the possible impact of the IMF loan repayment and the conversion of foreign currency-based mortgages into Forint credit.
Xpat Opinion: IMF Packs Its Trunk In Hungary
- 1 Aug 2013 7:00 AM
- current affairs
A pro-government columnist welcomes PM Orbán’s decision to repay the IMF loan as soon as possible. The main left-wing daily, however, warns of the undesirable consequences of getting rid of the IMF. In his weekend speech in Transylvania Viktor Orbán announced that he had ordered Finance Minister Varga to repay the IMF loan by mid-August.
Hungary To Fully Repay IMF Loan By Mid-August
- 31 Jul 2013 9:02 AM
- business
On 15 July, Minister for National Economy Mihály Varga informed IMF Director Reza Moghadam in a letter that Hungary intends to fully repay the IMF loan provided for the country in 2008 ahead of schedule, by 12 August 2013. This option is only open for countries with sufficient fiscal reserves, a stable budgetary policy and positive investor sentiment indicators.
Budapest To Symbolically Shut Down IMF Office
- 25 Jul 2013 11:30 AM
- current affairs
Hungary plans to pay back its IMF loan early and called on the fund to shut its Budapest office in what could be a symbolic move by Prime Minister Viktor Orbán’s government to display its economic sovereignty. Hungary's ability to avoid the austerity programmes faced by many of its European neighbours will be the government's main selling point when it bids for re-election next year.
Report Of Mortgage Rescue Plan Revives Old Fears In Hungary
- 18 Jul 2013 9:00 AM
- property
OTP shares got hammered on Wednesday, falling 3.6%, on news that the government intends to provide further relief to foreign-currency mortgage debtors. Deputy prime minister Tibor Navracsics said in a Tuesday night interview that the government was examining the legal possibilities for amending such mortgage contracts.
Hungary’s Economy Makes Positive U-Turn
- 21 Aug 2013 9:00 AM
- business
As a result of the Government measures introduced over the past three years Hungary has begun a period of sustainable economic growth. With the early repayment of the IMF loan, Hungary has proven to be an economically independent country which can finance itself from the markets. This achievement is even more remarkable given the fact that during this process Hungary has succeeded in emerging ...
Xpat Opinion: IMF Credit For Hungary Not So Cheap After All?
- 12 Aug 2013 9:00 AM
- business
Heti Válasz argues that Hungary is actually not losing money by financing her deficit from the market, rather than from the IMF credit line.
IMF Loan To Hungary Fully Repaid
- 12 Aug 2013 3:00 AM
- business
The Government has redeemed the remainder of outstanding debt owed to the International Monetary Fund in three foreign currencies, US dollars, Euros and British pounds, as required by the institution. The Government Debt Management Agency transferred USD 1.1bn, EUR 500 million and GBP 260 million for the early repayment. The amount of unutilised loan and proceeds from the USD-denominated ...
Hungary To Pay IMF Debt On Monday
- 9 Aug 2013 8:00 AM
- current affairs
State debt manager ÁKK will pay back the remainder of Hungary’s IMF loan by Monday, vice president László András Borbély said in a Thursday radio interview. The last instalment of €2.2 billion will be paid in three currencies, as requested by the IMF: euros, US dollars and British pounds.
Xpat Opinion: Euro Over 300 HUF In Hungary
- 5 Aug 2013 9:00 AM
- business
Commentators across the political spectrum ponder the possible impact of the IMF loan repayment and the conversion of foreign currency-based mortgages into Forint credit.
Xpat Opinion: IMF Packs Its Trunk In Hungary
- 1 Aug 2013 7:00 AM
- current affairs
A pro-government columnist welcomes PM Orbán’s decision to repay the IMF loan as soon as possible. The main left-wing daily, however, warns of the undesirable consequences of getting rid of the IMF. In his weekend speech in Transylvania Viktor Orbán announced that he had ordered Finance Minister Varga to repay the IMF loan by mid-August.
Hungary To Fully Repay IMF Loan By Mid-August
- 31 Jul 2013 9:02 AM
- business
On 15 July, Minister for National Economy Mihály Varga informed IMF Director Reza Moghadam in a letter that Hungary intends to fully repay the IMF loan provided for the country in 2008 ahead of schedule, by 12 August 2013. This option is only open for countries with sufficient fiscal reserves, a stable budgetary policy and positive investor sentiment indicators.
Budapest To Symbolically Shut Down IMF Office
- 25 Jul 2013 11:30 AM
- current affairs
Hungary plans to pay back its IMF loan early and called on the fund to shut its Budapest office in what could be a symbolic move by Prime Minister Viktor Orbán’s government to display its economic sovereignty. Hungary's ability to avoid the austerity programmes faced by many of its European neighbours will be the government's main selling point when it bids for re-election next year.
Report Of Mortgage Rescue Plan Revives Old Fears In Hungary
- 18 Jul 2013 9:00 AM
- property
OTP shares got hammered on Wednesday, falling 3.6%, on news that the government intends to provide further relief to foreign-currency mortgage debtors. Deputy prime minister Tibor Navracsics said in a Tuesday night interview that the government was examining the legal possibilities for amending such mortgage contracts.