64 result(s) for weak forint in Current Affairs
Hungary's State Debt Hits Record High
- 21 Mar 2013 8:02 AM
- current affairs
Hungary gross state debt rose to an all-time high of Ft 21.6 trillion last month, Ft 200 billion more than in November 2011 – when the previous record was set, according to data from the state debt manager ÁKK. The debt grew by Ft 468 billion in January and by Ft 442 billion last month.
'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: More Controversy Over The National Bank Chief In Hungary
- 8 Feb 2013 8:00 AM
- current affairs
A left-wing columnist suggests that the National Bank will surrender its independence after the appointment of its new president next month. A conservative pundit doubts that the National Bank has much room to stimulate growth through monetary policy as hoped for by the government.
Xpat Opinion: A Bad Week For The Hungarian Forint &The Government
- 15 Jan 2013 8:00 AM
- current affairs
Commentators agree that the weakening of the Hungarian currency (HUF) was due to a statement by the Minister of the Economy. One cautions the PM against nominating him for the presidency of the National Bank. Other analysts think recent events have dealt several blows to the authority of the governing élite.In a sarcastic week-end front page editorial, Népszabadság takes it almost for granted ...
Hungary's Socialists Against Matolcsy At National Bank
- 14 Jan 2013 8:00 AM
- current affairs
The Socialist Party is urging Prime Minister Viktor Orbán to make a responsible decision and nominate an independent person recognised by the banking community rather than Economy Minister György Matolcsy for the post of central bank governor.
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 ...
‘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 ...
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's State Debt Hits Record High
- 21 Mar 2013 8:02 AM
- current affairs
Hungary gross state debt rose to an all-time high of Ft 21.6 trillion last month, Ft 200 billion more than in November 2011 – when the previous record was set, according to data from the state debt manager ÁKK. The debt grew by Ft 468 billion in January and by Ft 442 billion last month.
'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: More Controversy Over The National Bank Chief In Hungary
- 8 Feb 2013 8:00 AM
- current affairs
A left-wing columnist suggests that the National Bank will surrender its independence after the appointment of its new president next month. A conservative pundit doubts that the National Bank has much room to stimulate growth through monetary policy as hoped for by the government.
Xpat Opinion: A Bad Week For The Hungarian Forint &The Government
- 15 Jan 2013 8:00 AM
- current affairs
Commentators agree that the weakening of the Hungarian currency (HUF) was due to a statement by the Minister of the Economy. One cautions the PM against nominating him for the presidency of the National Bank. Other analysts think recent events have dealt several blows to the authority of the governing élite.In a sarcastic week-end front page editorial, Népszabadság takes it almost for granted ...
Hungary's Socialists Against Matolcsy At National Bank
- 14 Jan 2013 8:00 AM
- current affairs
The Socialist Party is urging Prime Minister Viktor Orbán to make a responsible decision and nominate an independent person recognised by the banking community rather than Economy Minister György Matolcsy for the post of central bank governor.
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 ...
‘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 ...
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.