290 result(s) for reserves
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 ...
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: Hungarian National Bank To Be Involved In FX Mortgage Conversion?
- 1 Aug 2013 7:00 AM
- business
A conservative pundit warns against a selective conversion of loans denominated in foreign currencies. He proposes that the National Bank should step in and offer part of its foreign currency reserves to convert all FX household loans into Forint credits.
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.
Xpat Opinion: Hungary Says Good-bye To IMF
- 16 Jul 2013 9:01 AM
- current affairs
A pro-government commentator thinks the government will eventually opt to repay the country’s outstanding debt to the IMF ahead of schedule, as such a feat would strengthen its position in the electoral race.
Xpat Event Report: Africa Day Celebration Budapest Style
- 27 May 2013 9:00 AM
- community & culture
The year of 2013 marks the 50th anniversary of the Organization of African Unity. It is also a decade since the formation of the African Union, which seeks to promote “an integrated, prosperous and peaceful Africa, driven by its own citizens and representing a dynamic force in the global arena.
Xpat Opinion: Matolcsy’s First Package In Hungary
- 8 Apr 2013 9:00 AM
- business
Népszabadság reacts with relief to the first programme announced on Thursday by the new National Bank chief, while Magyar Nemzet comments that Mr Matolcsy has done more in one week than his predecessor did in six years.
'Minister Varga, Growth & Forint', By Ferenc Kumin
- 12 Mar 2013 8:00 AM
- current affairs
Ferenc Kumin is the Deputy State Secretary For International Communications In Hungary: Beginning this week, Hungary has a new minister of national economy: Mihaly Varga. Varga assumes the post after serving most recently as the minister without portfolio responsible for relations with international financial organizations. Previously, he was state secretary running the Prime Minister’s Office ...
Xpat Opinion: Conflicting Opinions About Matolcsy’s Appointment In Hungary
- 4 Mar 2013 8:02 AM
- current affairs
Newpapers are inundated with mostly cautious speculations ABOUT what will happen to the National Bank when present Minister for National Economy, György Matolcsy takes over. While some commentators see it as a coup, others point out that the markets ha taken the change for granted.
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 ...
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: Hungarian National Bank To Be Involved In FX Mortgage Conversion?
- 1 Aug 2013 7:00 AM
- business
A conservative pundit warns against a selective conversion of loans denominated in foreign currencies. He proposes that the National Bank should step in and offer part of its foreign currency reserves to convert all FX household loans into Forint credits.
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.
Xpat Opinion: Hungary Says Good-bye To IMF
- 16 Jul 2013 9:01 AM
- current affairs
A pro-government commentator thinks the government will eventually opt to repay the country’s outstanding debt to the IMF ahead of schedule, as such a feat would strengthen its position in the electoral race.
Xpat Event Report: Africa Day Celebration Budapest Style
- 27 May 2013 9:00 AM
- community & culture
The year of 2013 marks the 50th anniversary of the Organization of African Unity. It is also a decade since the formation of the African Union, which seeks to promote “an integrated, prosperous and peaceful Africa, driven by its own citizens and representing a dynamic force in the global arena.
Xpat Opinion: Matolcsy’s First Package In Hungary
- 8 Apr 2013 9:00 AM
- business
Népszabadság reacts with relief to the first programme announced on Thursday by the new National Bank chief, while Magyar Nemzet comments that Mr Matolcsy has done more in one week than his predecessor did in six years.
'Minister Varga, Growth & Forint', By Ferenc Kumin
- 12 Mar 2013 8:00 AM
- current affairs
Ferenc Kumin is the Deputy State Secretary For International Communications In Hungary: Beginning this week, Hungary has a new minister of national economy: Mihaly Varga. Varga assumes the post after serving most recently as the minister without portfolio responsible for relations with international financial organizations. Previously, he was state secretary running the Prime Minister’s Office ...
Xpat Opinion: Conflicting Opinions About Matolcsy’s Appointment In Hungary
- 4 Mar 2013 8:02 AM
- current affairs
Newpapers are inundated with mostly cautious speculations ABOUT what will happen to the National Bank when present Minister for National Economy, György Matolcsy takes over. While some commentators see it as a coup, others point out that the markets ha taken the change for granted.