• 04 Jun 2024

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8 result(s) for budapest developments in Finance

Central Bank in Hungary Cuts Base Rate Again

Central Bank in Hungary Cuts Base Rate Again

Hungarian central bank (NBH) rate-setters cut the base rate by 50 basis points to 7.25% at a regular policy meeting.
First Release: Hungary’s Cash-Flow Budget Deficit Reaches Euro 6.6 Billion

First Release: Hungary’s Cash-Flow Budget Deficit Reaches Euro 6.6 Billion

Hungary’s cash-flow budget deficit was 2,597.5 billion forints (EUR 6.6bn) at the end of April, the finance ministry said on Thursday in a first release of data.
Hungary Scrutiny: Visiting Committee has Serious Concerns about Unlocking EU Funding

Hungary Scrutiny: Visiting Committee has Serious Concerns about Unlocking EU Funding

The delegation of the European Parliament’s Committee on Budgetary Control called on the Hungarian government to act more responsibly in distributing EU funds, include regional authorities in decision-making instead of a “top-down” approach and meet the criteria required for releasing the funds withheld from Hungary, the head of the delegation told a press conference.
China Construction Bank Opens Branch in Hungary

China Construction Bank Opens Branch in Hungary

China Construction Bank (CCB), the world’s second biggest bank by assets, opened a branch in Hungary.
Budapest Assembly Votes to Take Out HUF 32 Billion Loan

Budapest Assembly Votes to Take Out HUF 32 Billion Loan

The Budapest Assembly on Wednesday voted to take out a 32 billion forint (EUR 80.1m) development loan.
Coronavirus: HUF 60 Billion Relief Aid Offered To Budapest To Finance Projects

Coronavirus: HUF 60 Billion Relief Aid Offered To Budapest To Finance Projects

The central government has decided to offer the city of Budapest an initial round of 60 billion forints (EUR 164.4m) in relief, if the government can take over the financing of a number of big municipal projects, the Prime Minister’s Office state secretary for Budapest developments told MTI.
Budapest Mayor & Opposition Lambast Government Budget Bill

Budapest Mayor & Opposition Lambast Government Budget Bill

The government’s 2021 budget bill would “extremely seriously” impact not only local governments but local communities, too, Budapest Mayor Gergely Karácsony said, adding that the budget was “against the interests of the nation”.
Budapest 2019 Budget Approved - HUF 380 Billion Expenditure Expected

Budapest 2019 Budget Approved - HUF 380 Billion Expenditure Expected

The municipal assembly of Budapest passed the city’s budget for 2019. According to the budget decree, the capital will have revenues totalling 266 billion forints (EUR 837.8m), while total expenditure is expected to reach 380 billion forints.
Central Bank in Hungary Cuts Base Rate Again

Central Bank in Hungary Cuts Base Rate Again

Hungarian central bank (NBH) rate-setters cut the base rate by 50 basis points to 7.25% at a regular policy meeting.
First Release: Hungary’s Cash-Flow Budget Deficit Reaches Euro 6.6 Billion

First Release: Hungary’s Cash-Flow Budget Deficit Reaches Euro 6.6 Billion

Hungary’s cash-flow budget deficit was 2,597.5 billion forints (EUR 6.6bn) at the end of April, the finance ministry said on Thursday in a first release of data.
Hungary Scrutiny: Visiting Committee has Serious Concerns about Unlocking EU Funding

Hungary Scrutiny: Visiting Committee has Serious Concerns about Unlocking EU Funding

The delegation of the European Parliament’s Committee on Budgetary Control called on the Hungarian government to act more responsibly in distributing EU funds, include regional authorities in decision-making instead of a “top-down” approach and meet the criteria required for releasing the funds withheld from Hungary, the head of the delegation told a press conference.
China Construction Bank Opens Branch in Hungary

China Construction Bank Opens Branch in Hungary

China Construction Bank (CCB), the world’s second biggest bank by assets, opened a branch in Hungary.
Budapest Assembly Votes to Take Out HUF 32 Billion Loan

Budapest Assembly Votes to Take Out HUF 32 Billion Loan

The Budapest Assembly on Wednesday voted to take out a 32 billion forint (EUR 80.1m) development loan.
Coronavirus: HUF 60 Billion Relief Aid Offered To Budapest To Finance Projects

Coronavirus: HUF 60 Billion Relief Aid Offered To Budapest To Finance Projects

The central government has decided to offer the city of Budapest an initial round of 60 billion forints (EUR 164.4m) in relief, if the government can take over the financing of a number of big municipal projects, the Prime Minister’s Office state secretary for Budapest developments told MTI.
Budapest Mayor & Opposition Lambast Government Budget Bill

Budapest Mayor & Opposition Lambast Government Budget Bill

The government’s 2021 budget bill would “extremely seriously” impact not only local governments but local communities, too, Budapest Mayor Gergely Karácsony said, adding that the budget was “against the interests of the nation”.
Budapest 2019 Budget Approved - HUF 380 Billion Expenditure Expected

Budapest 2019 Budget Approved - HUF 380 Billion Expenditure Expected

The municipal assembly of Budapest passed the city’s budget for 2019. According to the budget decree, the capital will have revenues totalling 266 billion forints (EUR 837.8m), while total expenditure is expected to reach 380 billion forints.