311 result(s) for reserves
IMF Issues Concluding Statement On Hungary
- 4 Feb 2015 8:01 AM
- current affairs
Hungary’s economy is coming back from the crisis but the road to strong, sustained activity and higher private sector employment is still a long one. Macroeconomic policies have contributed to a welcome reduction in vulnerabilities, strong growth and a reduction in unemployment. But the country remains susceptible to shocks and its medium-term growth prospects are subdued.
Introducing Unicum, Hungary's World Famous Drink
- 30 Dec 2014 8:01 AM
- food & drink
"That is unique," was supposedly the cry raised by Joseph II, Emperor of Austria and King of Hungary in 1790, when he tasted the pleasant herb mixture prepared by his Court physician, Dr Zwack. The name of the Hungarian tonic bitters known as Zwack Unicum is allegedly derived from this remark.
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.
Xpat Opnion: First State-Owned Hungarian Bank Is Already In Trouble
- 19 Dec 2014 12:00 AM
- current affairs
Great interest preceded a press conference held jointly by Prime Minister Viktor Orbán and György Matolcsy, governor of the Hungarian National Bank (HNB), this morning. What was so important that these two men would have to appear together in public? It had to be something momentous. Well, it was. The newly “nationalized” Magyar Külkereskedemi Bank (MKB) is in serious trouble and the Hungarian ...
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.
Confrérie De Tokaj Planning Great Tokaj Wine Auction 2015
- 22 Nov 2014 8:00 AM
- shopping
Following in the footsteps of the successful first two Great Tokaj Wine Auctions, the Confrérie de Tokaj is planning the third auction for 25th April 2015 – to be held in Sárospatak Castle Knights' Hall as has become the tradition. All lots are exclusive and contemporary wines, barrel quantity (136 l) of primeur Tokaji wines which are bottled and delivered to the winning bidder with their Great ...
Hungarian Analysts’ Views Differ On Outlook For Forint Conversion Of FX Loans
- 11 Nov 2014 8:00 AM
- property
Analysts interviewed by MTI gave differing views on how successful the forint conversion of foreign currency loans could be. András Balatoni of ING Bank said borrowers would be happy to opt for the forint conversion to reduce their foreign currency exposure.
Hungary Repaid EUR 2bn To European Union
- 10 Nov 2014 8:00 AM
- business
An instalment of EUR 2bn, agreed upon in the loan agreement Hungary concluded with the European Commission in the autumn of 2008, was transferred at the end of October 2014 to the account of the European Union. Due to technical accounting issues, Hungary’s state debt is lower as of today.
Hungary’s Gas Supply Secure, Says European Commission
- 28 Oct 2014 3:00 AM
- current affairs
Hungary’s gas supply would be secure even in a worst-case scenario, the national development ministry said referring to the Energy Security Stress Tests of the European Commission. The Commission said that if Russian gas shipments to Europe stopped entirely, Hungary’s reserves could still ensure household supplies, with limitations stipulated by law, the ministry said.
IMF Issues Concluding Statement On Hungary
- 4 Feb 2015 8:01 AM
- current affairs
Hungary’s economy is coming back from the crisis but the road to strong, sustained activity and higher private sector employment is still a long one. Macroeconomic policies have contributed to a welcome reduction in vulnerabilities, strong growth and a reduction in unemployment. But the country remains susceptible to shocks and its medium-term growth prospects are subdued.
Introducing Unicum, Hungary's World Famous Drink
- 30 Dec 2014 8:01 AM
- food & drink
"That is unique," was supposedly the cry raised by Joseph II, Emperor of Austria and King of Hungary in 1790, when he tasted the pleasant herb mixture prepared by his Court physician, Dr Zwack. The name of the Hungarian tonic bitters known as Zwack Unicum is allegedly derived from this remark.
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.
Xpat Opnion: First State-Owned Hungarian Bank Is Already In Trouble
- 19 Dec 2014 12:00 AM
- current affairs
Great interest preceded a press conference held jointly by Prime Minister Viktor Orbán and György Matolcsy, governor of the Hungarian National Bank (HNB), this morning. What was so important that these two men would have to appear together in public? It had to be something momentous. Well, it was. The newly “nationalized” Magyar Külkereskedemi Bank (MKB) is in serious trouble and the Hungarian ...
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.
Confrérie De Tokaj Planning Great Tokaj Wine Auction 2015
- 22 Nov 2014 8:00 AM
- shopping
Following in the footsteps of the successful first two Great Tokaj Wine Auctions, the Confrérie de Tokaj is planning the third auction for 25th April 2015 – to be held in Sárospatak Castle Knights' Hall as has become the tradition. All lots are exclusive and contemporary wines, barrel quantity (136 l) of primeur Tokaji wines which are bottled and delivered to the winning bidder with their Great ...
Hungarian Analysts’ Views Differ On Outlook For Forint Conversion Of FX Loans
- 11 Nov 2014 8:00 AM
- property
Analysts interviewed by MTI gave differing views on how successful the forint conversion of foreign currency loans could be. András Balatoni of ING Bank said borrowers would be happy to opt for the forint conversion to reduce their foreign currency exposure.
Hungary Repaid EUR 2bn To European Union
- 10 Nov 2014 8:00 AM
- business
An instalment of EUR 2bn, agreed upon in the loan agreement Hungary concluded with the European Commission in the autumn of 2008, was transferred at the end of October 2014 to the account of the European Union. Due to technical accounting issues, Hungary’s state debt is lower as of today.
Hungary’s Gas Supply Secure, Says European Commission
- 28 Oct 2014 3:00 AM
- current affairs
Hungary’s gas supply would be secure even in a worst-case scenario, the national development ministry said referring to the Energy Security Stress Tests of the European Commission. The Commission said that if Russian gas shipments to Europe stopped entirely, Hungary’s reserves could still ensure household supplies, with limitations stipulated by law, the ministry said.