49 result(s) for weaker forint
Viktor Orbán: Europe Must Regain ‘Independence From Soros Empire’
- 24 Jul 2017 10:40 AM
- current affairs
The European Union must regain its “independence from the empire” of US billionaire George Soros, Prime Minister Viktor Orbán said in a speech to the Baile Tusnad (Tusnádfürdő) summer university, in central Romania, on Saturday.
Hungary’s Economy Minister Sees No Need For ‘Magic Tricks’ To Manage Debt
- 23 Dec 2016 8:04 AM
- business
A forint/euro exchange rate in the 310-315 range is slightly weaker than what the economy ministry had anticipated, but this does not affect the government’s debt reduction strategy, and there is no need for “magic tricks”, Economy Minister Mihály Varga told the Thursday edition of weekly Figyelő.
Opposition: ‘Orbán’s Gamble Failed’
- 3 Oct 2016 9:00 AM
- current affairs
Radical nationalist Jobbik leader Gábor Vona described preliminary turnout data in Hungary’s migrant quota referendum indicating that it would be invalid as a “personal failure” for Prime Minister Viktor Orbán. “This game is played for goals, and despite the advantage enjoyed by the prime minister and [ruling] Fidesz, Orbán scored a huge own goal,” Vona told a press conference.
Hungary’s Central Bank Keeps Key Rate On Hold
- 27 Jan 2016 8:00 AM
- business
Hungarian rate setters kept the base rate on hold at 1.35% on Tuesday. The decision was in line with the expectations of analysts. The Monetary Council has kept the base rate on hold since signalling an end to an easing cycle at a policy meeting in July 2015. In a statement released shortly after the rate-setting meeting the Council said the annual inflation rate increased, while core inflation ...
Analysts Turn Bearish On Hungary's Economy
- 23 Jan 2015 8:00 AM
- business
Only 12.5% of analysts described Hungary’s economic situation as good, compared with 19.1% in December, while 20.8% considered it downright bad, according to survey by German research institute ZEW and Erste Bank.
Hungary Posts Negative Inflation Of -0.9% In Dec
- 14 Jan 2015 3:00 AM
- business
Consumer prices in Hungary dropped by an annual 0.9% in December, the Central Statistical Office (KSH) said. Emerging market analysts in London had expected a reading in December of -0.4%. Consumer prices fell by 0.7% in November and by 0.2% on average in 2014.
Hungary’s Weaker Forint Raises Retail Lending Stock
- 1 Oct 2014 9:00 AM
- business
Hungarian households repaid a net 11.4 billion forints (EUR 36.77m) of their outstanding loans in August, but the weaker forint raised retail lending stock by 58.5 billion forints from the end of the previous month, a monthly report published by the National Bank of Hungary shows.
Parties Comment On Hungary Debt Ratio Rise
- 19 Aug 2014 10:00 AM
- current affairs
Hungary’s public debt, calculated at nominal value, in line with Maastricht methodology, reached 25,432 billion forints (EUR 81.2bn), or 85.1% of GDP, at the end of June, preliminary data on financial accounts published by the National Bank of Hungary (NBH) on Monday show. Transactions raised the debt by 434 billion forints during the period. The weaker forint boosted it by 65 billion forints. ...
Top Hungarian Court Rules On FX Loan Case
- 4 Jun 2014 9:00 AM
- property
The Kúria, Hungary’s supreme court, on Tuesday ruled invalid a clause in a contract for a loan denominated in foreign currency that stated the client received the loan at the bank’s buying exchange rate and paid it back at the selling rate.
Viktor Orbán: Europe Must Regain ‘Independence From Soros Empire’
- 24 Jul 2017 10:40 AM
- current affairs
The European Union must regain its “independence from the empire” of US billionaire George Soros, Prime Minister Viktor Orbán said in a speech to the Baile Tusnad (Tusnádfürdő) summer university, in central Romania, on Saturday.
Hungary’s Economy Minister Sees No Need For ‘Magic Tricks’ To Manage Debt
- 23 Dec 2016 8:04 AM
- business
A forint/euro exchange rate in the 310-315 range is slightly weaker than what the economy ministry had anticipated, but this does not affect the government’s debt reduction strategy, and there is no need for “magic tricks”, Economy Minister Mihály Varga told the Thursday edition of weekly Figyelő.
Opposition: ‘Orbán’s Gamble Failed’
- 3 Oct 2016 9:00 AM
- current affairs
Radical nationalist Jobbik leader Gábor Vona described preliminary turnout data in Hungary’s migrant quota referendum indicating that it would be invalid as a “personal failure” for Prime Minister Viktor Orbán. “This game is played for goals, and despite the advantage enjoyed by the prime minister and [ruling] Fidesz, Orbán scored a huge own goal,” Vona told a press conference.
Hungary’s Central Bank Keeps Key Rate On Hold
- 27 Jan 2016 8:00 AM
- business
Hungarian rate setters kept the base rate on hold at 1.35% on Tuesday. The decision was in line with the expectations of analysts. The Monetary Council has kept the base rate on hold since signalling an end to an easing cycle at a policy meeting in July 2015. In a statement released shortly after the rate-setting meeting the Council said the annual inflation rate increased, while core inflation ...
Analysts Turn Bearish On Hungary's Economy
- 23 Jan 2015 8:00 AM
- business
Only 12.5% of analysts described Hungary’s economic situation as good, compared with 19.1% in December, while 20.8% considered it downright bad, according to survey by German research institute ZEW and Erste Bank.
Hungary Posts Negative Inflation Of -0.9% In Dec
- 14 Jan 2015 3:00 AM
- business
Consumer prices in Hungary dropped by an annual 0.9% in December, the Central Statistical Office (KSH) said. Emerging market analysts in London had expected a reading in December of -0.4%. Consumer prices fell by 0.7% in November and by 0.2% on average in 2014.
Hungary’s Weaker Forint Raises Retail Lending Stock
- 1 Oct 2014 9:00 AM
- business
Hungarian households repaid a net 11.4 billion forints (EUR 36.77m) of their outstanding loans in August, but the weaker forint raised retail lending stock by 58.5 billion forints from the end of the previous month, a monthly report published by the National Bank of Hungary shows.
Parties Comment On Hungary Debt Ratio Rise
- 19 Aug 2014 10:00 AM
- current affairs
Hungary’s public debt, calculated at nominal value, in line with Maastricht methodology, reached 25,432 billion forints (EUR 81.2bn), or 85.1% of GDP, at the end of June, preliminary data on financial accounts published by the National Bank of Hungary (NBH) on Monday show. Transactions raised the debt by 434 billion forints during the period. The weaker forint boosted it by 65 billion forints. ...
Top Hungarian Court Rules On FX Loan Case
- 4 Jun 2014 9:00 AM
- property
The Kúria, Hungary’s supreme court, on Tuesday ruled invalid a clause in a contract for a loan denominated in foreign currency that stated the client received the loan at the bank’s buying exchange rate and paid it back at the selling rate.