265 result(s) for weak forint
Xpat Opinion: A Distorted Past Haunts Hungarians
- 5 Dec 2012 12:00 AM
- current affairs
A few days ago an article appeared in HVG about the teaching of Hungarian history. The author rightly pointed out that it has been flawed for a very long time. I agree. Hungarians have a warped view of their country’s past.
Xpat Opinion: Guessing Hungary's PM Orbán’s Strategy In Negotiations With The EU
- 28 Nov 2012 8:00 AM
- current affairs
The leading pro-government daily welcomes the failure of the EU summit as a sign of democracy and good news for Hungary, while its left-wing counterpart accuses PM Orbán of selfishness. An influential economist says that although the EU’s growth forecasts are biased against Hungary, the government has to make efforts to convince Brussels anyway. An independent centrist outlet suspects that once ...
Hungary Central Bank Vote Delay Will Help IMF Talks, Varga Says
- 8 Jun 2012 9:00 AM
- business
Hungary’s delay of a vote on amendments to a disputed central bank law will help resolve differences blocking talks with the International Monetary Fund, said Mihaly Varga, the country’s chief negotiator.
Xpat Opinion: Never Ending Land Swap Story Of Sukoró
- 24 Apr 2012 9:00 AM
- property
In case you forgot what Sukoró is all about, it was a land swap involving Joav Blum, a Hungarian-Israeli businessman, and the Hungarian state. The details of the swap were handled by the Magyar Nemzeti Vagyonkezelő (MNV), a government office in charge of state properties.
‘State Of The Nation’ Speech By Hungary's Prime Minister Viktor Orbán
- 9 Feb 2012 8:03 AM
- current affairs
"On 7 February 2012 Viktor Orbán gave his traditional ‘state of the nation’ speech, focusing on the past year. This was the fourteenth such occasion. At the beginning of his speech Mr. Orbán thanked all those who have stood by the country in spite of the criticism directed at it and its government. This was a reference to the four hundred thousand people who took part in the ‘Peace March for ...
Slovak Shoppers Boost Retail Sector In Hungary
- 9 Jan 2012 8:10 AM
- shopping
"Slovaks can save 20% in euro terms if they buy food in Hungary, due to the weakening of the forint, according to analysts. This could bring in an additional Ft 100 billion to the Hungarian retail sector, said Retail Association president György Vámos.
Hungary Downgraded By Moody’s
- 8 Dec 2010 2:00 AM
- current affairs
Hungary’s sovereign credit rating on Monday was reduced to Baa3 from Baa1 by Moody’s Investors Service, according to Bloomberg. Baa3 is the lowest investment grade, and one step away from speculative, or “junk” category. The Hungarian Forint weakened after the announcement.
Hungary Does Not Aim To Get IMF Loan - Misunderstanding?
- 26 Aug 2010 2:00 AM
- business
"The negotiations with the IMF this autumn, mentioned in the recent announcement of the Ministry of Economy, are only the regular economy policy consultations the multilateral institution holds with all member states, the latest press release of the Hungarian Ministry of Economy emphasized. It is difficult to interpret the events of the past 20 hours.
Hungarian Currency Near All Times Low Against Swiss Franc
- 25 Aug 2010 2:00 AM
- business
"As a result of general pessimism on the international markets, the Swiss franc strengthened in several waves against the euro today. The negative data published in the US this afternoon, resulted in a record strong Swiss franc against the euro. This is bad news for those taking out Swiss franc denominated loans. One franc cost almost 218 forints.
Xpat Opinion: A Distorted Past Haunts Hungarians
- 5 Dec 2012 12:00 AM
- current affairs
A few days ago an article appeared in HVG about the teaching of Hungarian history. The author rightly pointed out that it has been flawed for a very long time. I agree. Hungarians have a warped view of their country’s past.
Xpat Opinion: Guessing Hungary's PM Orbán’s Strategy In Negotiations With The EU
- 28 Nov 2012 8:00 AM
- current affairs
The leading pro-government daily welcomes the failure of the EU summit as a sign of democracy and good news for Hungary, while its left-wing counterpart accuses PM Orbán of selfishness. An influential economist says that although the EU’s growth forecasts are biased against Hungary, the government has to make efforts to convince Brussels anyway. An independent centrist outlet suspects that once ...
Hungary Central Bank Vote Delay Will Help IMF Talks, Varga Says
- 8 Jun 2012 9:00 AM
- business
Hungary’s delay of a vote on amendments to a disputed central bank law will help resolve differences blocking talks with the International Monetary Fund, said Mihaly Varga, the country’s chief negotiator.
Xpat Opinion: Never Ending Land Swap Story Of Sukoró
- 24 Apr 2012 9:00 AM
- property
In case you forgot what Sukoró is all about, it was a land swap involving Joav Blum, a Hungarian-Israeli businessman, and the Hungarian state. The details of the swap were handled by the Magyar Nemzeti Vagyonkezelő (MNV), a government office in charge of state properties.
‘State Of The Nation’ Speech By Hungary's Prime Minister Viktor Orbán
- 9 Feb 2012 8:03 AM
- current affairs
"On 7 February 2012 Viktor Orbán gave his traditional ‘state of the nation’ speech, focusing on the past year. This was the fourteenth such occasion. At the beginning of his speech Mr. Orbán thanked all those who have stood by the country in spite of the criticism directed at it and its government. This was a reference to the four hundred thousand people who took part in the ‘Peace March for ...
Slovak Shoppers Boost Retail Sector In Hungary
- 9 Jan 2012 8:10 AM
- shopping
"Slovaks can save 20% in euro terms if they buy food in Hungary, due to the weakening of the forint, according to analysts. This could bring in an additional Ft 100 billion to the Hungarian retail sector, said Retail Association president György Vámos.
Hungary Downgraded By Moody’s
- 8 Dec 2010 2:00 AM
- current affairs
Hungary’s sovereign credit rating on Monday was reduced to Baa3 from Baa1 by Moody’s Investors Service, according to Bloomberg. Baa3 is the lowest investment grade, and one step away from speculative, or “junk” category. The Hungarian Forint weakened after the announcement.
Hungary Does Not Aim To Get IMF Loan - Misunderstanding?
- 26 Aug 2010 2:00 AM
- business
"The negotiations with the IMF this autumn, mentioned in the recent announcement of the Ministry of Economy, are only the regular economy policy consultations the multilateral institution holds with all member states, the latest press release of the Hungarian Ministry of Economy emphasized. It is difficult to interpret the events of the past 20 hours.
Hungarian Currency Near All Times Low Against Swiss Franc
- 25 Aug 2010 2:00 AM
- business
"As a result of general pessimism on the international markets, the Swiss franc strengthened in several waves against the euro today. The negative data published in the US this afternoon, resulted in a record strong Swiss franc against the euro. This is bad news for those taking out Swiss franc denominated loans. One franc cost almost 218 forints.