47 result(s) for weaker forint
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.
EC Report On Hungary’s Economy Confirms Govt Prognosis
- 6 May 2014 9:00 AM
- business
The EC’s spring forecast includes similar figures as the macro-economic prognosis in Hungary’s convergence plan, which shows that the Hungarian government’s projections were reliable and credible, the economy ministry said, commenting on today’s release of the commission’s report on the country’s economy. The EC’s economic growth projections of 2.3% this year and 2.1% next year are identical to ...
Exchange Rate Cap Scheme Participants 38% Of FX Mortgage Stock In Hungary
- 15 Apr 2014 9:00 AM
- property
Borrowers accounting for about 38% of the total stock of foreign currencydenominated mortgage loans in Hungary have joined an exchange rate cap scheme that aims to make repayments easier, fresh data from the National Bank of Hungary show.
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.
EC Report On Hungary’s Economy Confirms Govt Prognosis
- 6 May 2014 9:00 AM
- business
The EC’s spring forecast includes similar figures as the macro-economic prognosis in Hungary’s convergence plan, which shows that the Hungarian government’s projections were reliable and credible, the economy ministry said, commenting on today’s release of the commission’s report on the country’s economy. The EC’s economic growth projections of 2.3% this year and 2.1% next year are identical to ...
Exchange Rate Cap Scheme Participants 38% Of FX Mortgage Stock In Hungary
- 15 Apr 2014 9:00 AM
- property
Borrowers accounting for about 38% of the total stock of foreign currencydenominated mortgage loans in Hungary have joined an exchange rate cap scheme that aims to make repayments easier, fresh data from the National Bank of Hungary show.