246 result(s) for state assets
IMF, EU To Accept Only Constructive Action From New Hungarian Government
- 19 May 2010 3:00 AM
- current affairs
"There is very limited guidance from Hungary’s new government on how it intends to approach fiscal consolidation in the quarters ahead, research analysts at UBS said after a recent visit to Budapest. Most observers are disregarding the populist rhetoric of centre-right Fidesz, which obtained an unprecedented two-thirds legislative majority in April - and are waiting to see actual action which ...
Markets Will Be Quick To Punish Any Expansionary Budget Policy In Hungary
- 17 May 2010 4:00 AM
- business
"Hungary’s currency and bonds may weaken on investor concern the new government will widen the budget deficit as the Greek crisis pushes the European Union to cap shortfalls, Bloomberg reported on Friday, citing analysts, who warned that the market will be quick to punish any expansionary budget policy.
Hungary's Forint Gains Sharply Against Euro On Massive EU Bailout
- 11 May 2010 3:00 AM
- business
"In tandem with the rally on global stock markets Hungary’s forint has firmed sharply on Monday morning and gained 2% versus the euro in a matter of hours. The spectacular improvement in global investor sentiment comes after an unprecedented decision by the European Union to support the embattled euro and the eurozone’s weakest nations struggling with debt with a massive bailout package of EUR ...
Hungary Orbán Names New Ministers
- 6 May 2010 1:00 AM
- current affairs
"Hungary’s Prime Minister-elect Viktor Orbán has presented the members of his cabinet to the public. The names match those that have been circulating in the press as the most likely candidates.
Hungary's Forint Drops Sharply Over Greece, Fidesz Flaying C.Bank Chief
- 28 Apr 2010 3:00 AM
- business
"First day after the overwhelming election victory of Hungary’s centre-right Fidesz party, Prime Minister candidate Viktor Orbán has already jumped down the throat of the financial markets regulator (PSZÁF) and the National Bank of Hungary (NBH), especially harshly criticising central bank Governor András Simor. Analysts do not seem to be happy.
Euro Adoption Five Years Away For Hungary - Again
- 26 Apr 2010 5:00 AM
- business
"Analysts have been forecasting Hungary’s inflation higher and higher every month, the latest Reuters poll conducted in April showed. This, however, will not be regarded as an obstacle by the central bank (NBH) to cut is base rate further next Monday, they say.
Far-Right Jobbik Gathers Perilous Clouds Over Hungary - International Press
- 14 Apr 2010 4:00 AM
- current affairs
"Hungary’s Socialist Party (MSZP) has received nearly 1.4 million votes less on Sunday, while centre-right Fidesz garnered almost 400,000 votes more than in the first round of the 2006 general elections. Fidesz looks set to gain a two-thirds majority in Parliament that would enable it to amend any legislation, including the constitution. Analysts expect the market reaction to be muted but ...
The Sky Is Blue, The Grass Is Green And Hungary's C.Bank Cuts Rates 25 bps
- 30 Mar 2010 3:00 AM
- business
"The National Bank of Hungary (NBH) has on Monday reduced its key policy rate by 25 basis points to 5.50%, as expected. The base rate has not been this low since the change of regime. The Monetary Council has cut the benchmark rate for the ninth consecutive month and by 25 bps for the third time in a row.
Holocaust Victims, Heirs File Lawsuit Against Five Hungarian Banks, Claim USD 2 M
- 30 Mar 2010 2:00 AM
- current affairs
"A group of Holocaust survivors and heirs filed a lawsuit in Chicago against several banks, including banks based in Hungary, demanding compensation of more than USD 2 million. A similar group has recently filed a lawsuit against Hungary’s state-owned railway company MÁV, demanding USD 8.92 billion (HUF 1,773 bn).
IMF, EU To Accept Only Constructive Action From New Hungarian Government
- 19 May 2010 3:00 AM
- current affairs
"There is very limited guidance from Hungary’s new government on how it intends to approach fiscal consolidation in the quarters ahead, research analysts at UBS said after a recent visit to Budapest. Most observers are disregarding the populist rhetoric of centre-right Fidesz, which obtained an unprecedented two-thirds legislative majority in April - and are waiting to see actual action which ...
Markets Will Be Quick To Punish Any Expansionary Budget Policy In Hungary
- 17 May 2010 4:00 AM
- business
"Hungary’s currency and bonds may weaken on investor concern the new government will widen the budget deficit as the Greek crisis pushes the European Union to cap shortfalls, Bloomberg reported on Friday, citing analysts, who warned that the market will be quick to punish any expansionary budget policy.
Hungary's Forint Gains Sharply Against Euro On Massive EU Bailout
- 11 May 2010 3:00 AM
- business
"In tandem with the rally on global stock markets Hungary’s forint has firmed sharply on Monday morning and gained 2% versus the euro in a matter of hours. The spectacular improvement in global investor sentiment comes after an unprecedented decision by the European Union to support the embattled euro and the eurozone’s weakest nations struggling with debt with a massive bailout package of EUR ...
Hungary Orbán Names New Ministers
- 6 May 2010 1:00 AM
- current affairs
"Hungary’s Prime Minister-elect Viktor Orbán has presented the members of his cabinet to the public. The names match those that have been circulating in the press as the most likely candidates.
Hungary's Forint Drops Sharply Over Greece, Fidesz Flaying C.Bank Chief
- 28 Apr 2010 3:00 AM
- business
"First day after the overwhelming election victory of Hungary’s centre-right Fidesz party, Prime Minister candidate Viktor Orbán has already jumped down the throat of the financial markets regulator (PSZÁF) and the National Bank of Hungary (NBH), especially harshly criticising central bank Governor András Simor. Analysts do not seem to be happy.
Euro Adoption Five Years Away For Hungary - Again
- 26 Apr 2010 5:00 AM
- business
"Analysts have been forecasting Hungary’s inflation higher and higher every month, the latest Reuters poll conducted in April showed. This, however, will not be regarded as an obstacle by the central bank (NBH) to cut is base rate further next Monday, they say.
Far-Right Jobbik Gathers Perilous Clouds Over Hungary - International Press
- 14 Apr 2010 4:00 AM
- current affairs
"Hungary’s Socialist Party (MSZP) has received nearly 1.4 million votes less on Sunday, while centre-right Fidesz garnered almost 400,000 votes more than in the first round of the 2006 general elections. Fidesz looks set to gain a two-thirds majority in Parliament that would enable it to amend any legislation, including the constitution. Analysts expect the market reaction to be muted but ...
The Sky Is Blue, The Grass Is Green And Hungary's C.Bank Cuts Rates 25 bps
- 30 Mar 2010 3:00 AM
- business
"The National Bank of Hungary (NBH) has on Monday reduced its key policy rate by 25 basis points to 5.50%, as expected. The base rate has not been this low since the change of regime. The Monetary Council has cut the benchmark rate for the ninth consecutive month and by 25 bps for the third time in a row.
Holocaust Victims, Heirs File Lawsuit Against Five Hungarian Banks, Claim USD 2 M
- 30 Mar 2010 2:00 AM
- current affairs
"A group of Holocaust survivors and heirs filed a lawsuit in Chicago against several banks, including banks based in Hungary, demanding compensation of more than USD 2 million. A similar group has recently filed a lawsuit against Hungary’s state-owned railway company MÁV, demanding USD 8.92 billion (HUF 1,773 bn).