265 result(s) for weak forint
Xpat Opinion: Car Thefts And Corruption
- 12 Aug 2016 9:00 AM
- current affairs
Commenting on improving car theft statistics, a conservative pundit fears that the decline in the number of cars stolen may weaken the public’s awareness of large scale corruption.
Opposition Parties Accuse Govt Of Seeking Exit From EU
- 1 Jul 2016 9:00 AM
- current affairs
Remarks by the government office chief reveal that the government aims at steering Hungary out of the European Union, Socialist MEP István Ujhelyi said in a statement. The leftist Democratic Coalition (DK) said that the government would seek authorisation to quit the EU through Hungary’s quota referendum in the autumn.
Official: Brexit To Have Minimal Impact On Hungarian Economy
- 30 Jun 2016 9:00 AM
- current affairs
The impact of the United Kingdomʼs departure from the European Union could be minimal as the countryʼs fundamentals are stable, National Economy Ministry State Secretary Péter Benő Banai said on state-owned Kossuth radio.
Moody’s Upgrades Hungary’s Banking System Outlook To Positive
- 30 Jun 2016 9:00 AM
- business
Ratings agency Moody’s Investors Service upgraded the outlook of Hungary’s banking system to positive, the rating agency said today in a report entitled “Banking System Outlook - Hungary”. Moodyʼs noted, however, that government support for banks in the EU, including Hungary, is less certain under the provisions of the EUʼs Bank Recovery and Resolution Directive.
UK Visitors To Hungary Could Dwindle On Weak Pound After Brexit
- 29 Jun 2016 9:00 AM
- current affairs
British visitors are important for Hungary’s tourism industry, but tourists from the UK could be discouraged from travelling to Hungary by the weakening of the pound, business daily Világgazdaság reported.
Analysts : Brexit Could Slightly Slow Down Hungary’s Economic Growth
- 25 Jun 2016 9:00 AM
- business
The British vote to leave the European Union could slightly slow down economic growth in Hungary, analysts told MTI in reaction to Brexit. Takarékbank analyst Gergely Suppan said that a reduction in EU funding should not be expected for the time being because it is fixed by contract and Britain’s payment obligations will be maintained until its exit is completed, possibly even until the end of ...
Matolcsy Files Defamation Lawsuit Against Socialist MP
- 8 Jun 2016 9:00 AM
- current affairs
Central Bank governor György Matolcsy filed a civil lawsuit against opposition Socialist MP György Bárándy for impugning his integrity. Matolcsy is demanding 1 million forints compensation, citing his right to protect his personal reputation. At a plenary session in parliament, Bárándy accused Matolcsy of stealing. This accusation goes beyond the bounds of freedom of expression, the bank said.
Hungary Investment Volume Down 9.6% In Q1
- 31 May 2016 9:00 AM
- business
Investment volume in Hungary fell by an annual 9.6% in the first quarter of 2016, the Central Statistical Office said. Investment volume fell after growing by 7% in the fourth quarter of 2015. Investment contraction was mainly due to the winding up of developments financed from European Union resources, which affected investments by central budget organisations to a larger extent. In areas less ...
Socialist Leader Calls On Áder To Take A Stand On CBank Spending
- 20 May 2016 9:00 AM
- current affairs
Socialist party leader József Tóbiás has called on President János Áder to make a statement regarding questions raised over central bank spending. Speaking at a press conference in front of the presidential Sándor Palace on Friday, Tóbiás said central bank governor György Matolcsy and the central bank’s foundations “endanger Hungary’s financial stability and weaken the forint”.
Xpat Opinion: Car Thefts And Corruption
- 12 Aug 2016 9:00 AM
- current affairs
Commenting on improving car theft statistics, a conservative pundit fears that the decline in the number of cars stolen may weaken the public’s awareness of large scale corruption.
Opposition Parties Accuse Govt Of Seeking Exit From EU
- 1 Jul 2016 9:00 AM
- current affairs
Remarks by the government office chief reveal that the government aims at steering Hungary out of the European Union, Socialist MEP István Ujhelyi said in a statement. The leftist Democratic Coalition (DK) said that the government would seek authorisation to quit the EU through Hungary’s quota referendum in the autumn.
Official: Brexit To Have Minimal Impact On Hungarian Economy
- 30 Jun 2016 9:00 AM
- current affairs
The impact of the United Kingdomʼs departure from the European Union could be minimal as the countryʼs fundamentals are stable, National Economy Ministry State Secretary Péter Benő Banai said on state-owned Kossuth radio.
Moody’s Upgrades Hungary’s Banking System Outlook To Positive
- 30 Jun 2016 9:00 AM
- business
Ratings agency Moody’s Investors Service upgraded the outlook of Hungary’s banking system to positive, the rating agency said today in a report entitled “Banking System Outlook - Hungary”. Moodyʼs noted, however, that government support for banks in the EU, including Hungary, is less certain under the provisions of the EUʼs Bank Recovery and Resolution Directive.
UK Visitors To Hungary Could Dwindle On Weak Pound After Brexit
- 29 Jun 2016 9:00 AM
- current affairs
British visitors are important for Hungary’s tourism industry, but tourists from the UK could be discouraged from travelling to Hungary by the weakening of the pound, business daily Világgazdaság reported.
Analysts : Brexit Could Slightly Slow Down Hungary’s Economic Growth
- 25 Jun 2016 9:00 AM
- business
The British vote to leave the European Union could slightly slow down economic growth in Hungary, analysts told MTI in reaction to Brexit. Takarékbank analyst Gergely Suppan said that a reduction in EU funding should not be expected for the time being because it is fixed by contract and Britain’s payment obligations will be maintained until its exit is completed, possibly even until the end of ...
Matolcsy Files Defamation Lawsuit Against Socialist MP
- 8 Jun 2016 9:00 AM
- current affairs
Central Bank governor György Matolcsy filed a civil lawsuit against opposition Socialist MP György Bárándy for impugning his integrity. Matolcsy is demanding 1 million forints compensation, citing his right to protect his personal reputation. At a plenary session in parliament, Bárándy accused Matolcsy of stealing. This accusation goes beyond the bounds of freedom of expression, the bank said.
Hungary Investment Volume Down 9.6% In Q1
- 31 May 2016 9:00 AM
- business
Investment volume in Hungary fell by an annual 9.6% in the first quarter of 2016, the Central Statistical Office said. Investment volume fell after growing by 7% in the fourth quarter of 2015. Investment contraction was mainly due to the winding up of developments financed from European Union resources, which affected investments by central budget organisations to a larger extent. In areas less ...
Socialist Leader Calls On Áder To Take A Stand On CBank Spending
- 20 May 2016 9:00 AM
- current affairs
Socialist party leader József Tóbiás has called on President János Áder to make a statement regarding questions raised over central bank spending. Speaking at a press conference in front of the presidential Sándor Palace on Friday, Tóbiás said central bank governor György Matolcsy and the central bank’s foundations “endanger Hungary’s financial stability and weaken the forint”.