463 result(s) for currency
Legal Changes Taking Effect On 1 January In Hungary
- 2 Jan 2017 8:00 AM
- business
Hungary faces several legal changes as of Jan. 1, 2017, including a drop in the bank levy, whose upper bracket will be reduced by 3 basis points to 0.21 percent. The reduction in the tax comes as part of an agreement with the European Bank for Reconstruction and Development (EBRD).
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.
MNB Again Warns About Cryptocurrency Risks
- 22 Dec 2016 10:00 AM
- business
The National Bank of Hungary (MNB) is “once again” warning consumers that using virtual currencies, or so-called cryptocurrencies, has many risks, the central bank said in a public announcement today, after having received numerous complaints from users of such payment methods.
Opinion: Donald Trump’s Victory Made Orbán “The Man” In Europe
- 19 Dec 2016 8:00 AM
- current affairs
The study of Hungarian politics can take you to the most unexpected places. Here is, for example, a lengthy interview of Viktor Orbán by Gábor G. Fodor, Hungary’s modern Machiavelli and the recently appointed editor-in-chief of 888.hu, a fiercely pro-government tabloid.
Fitch Affirms Hungary Rating At ‘BBB -’ With Stable Outlook
- 21 Nov 2016 8:00 AM
- business
Fitch Ratings has affirmed Hungary’s Long-Term Foreign and Local Currency Issuer Default Ratings (IDR) at ‘BBB-’ with a Stable Outlook. Hungary’s ratings reflect the country’s membership in the European Union, strong governance indicators, high GDP per capita and reduced external debt, Fitch said.
Matolcsy: National Bank of Hungary To Maintain Low Base Rate
- 9 Nov 2016 8:00 AM
- business
The National Bank of Hungary is likely to keep its base rate unchanged at 0.90 % even if other central banks start tightening, the bank’s governor György Matolcsy said in an interview to business daily Világgazdaság.
Varga: Moody’s Upgrade To Open ‘New Chapter’
- 7 Nov 2016 8:00 AM
- business
The upgrade of Hungary’s sovereign rating by Moody’s means that all three big ratings agencies have Hungary in investment grade and this could open a “new chapter” in efforts to reduce the country’s public debt, Economy Minister Mihály Varga said.
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.
Govt To Rethink Securities Market On Back Of S&P Upgrade
- 23 Sep 2016 9:00 AM
- business
The government plans “major changes” on the state bond market after Standard and Poor’s raised Hungary’s rating last week, government office chief János Lázár said. Prime Minister Viktor Orbán has asked Economy Minister Mihály Varga to review financial opportunities arising from the upgrade, Lázár said at a weekly government press conference.
Legal Changes Taking Effect On 1 January In Hungary
- 2 Jan 2017 8:00 AM
- business
Hungary faces several legal changes as of Jan. 1, 2017, including a drop in the bank levy, whose upper bracket will be reduced by 3 basis points to 0.21 percent. The reduction in the tax comes as part of an agreement with the European Bank for Reconstruction and Development (EBRD).
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.
MNB Again Warns About Cryptocurrency Risks
- 22 Dec 2016 10:00 AM
- business
The National Bank of Hungary (MNB) is “once again” warning consumers that using virtual currencies, or so-called cryptocurrencies, has many risks, the central bank said in a public announcement today, after having received numerous complaints from users of such payment methods.
Opinion: Donald Trump’s Victory Made Orbán “The Man” In Europe
- 19 Dec 2016 8:00 AM
- current affairs
The study of Hungarian politics can take you to the most unexpected places. Here is, for example, a lengthy interview of Viktor Orbán by Gábor G. Fodor, Hungary’s modern Machiavelli and the recently appointed editor-in-chief of 888.hu, a fiercely pro-government tabloid.
Fitch Affirms Hungary Rating At ‘BBB -’ With Stable Outlook
- 21 Nov 2016 8:00 AM
- business
Fitch Ratings has affirmed Hungary’s Long-Term Foreign and Local Currency Issuer Default Ratings (IDR) at ‘BBB-’ with a Stable Outlook. Hungary’s ratings reflect the country’s membership in the European Union, strong governance indicators, high GDP per capita and reduced external debt, Fitch said.
Matolcsy: National Bank of Hungary To Maintain Low Base Rate
- 9 Nov 2016 8:00 AM
- business
The National Bank of Hungary is likely to keep its base rate unchanged at 0.90 % even if other central banks start tightening, the bank’s governor György Matolcsy said in an interview to business daily Világgazdaság.
Varga: Moody’s Upgrade To Open ‘New Chapter’
- 7 Nov 2016 8:00 AM
- business
The upgrade of Hungary’s sovereign rating by Moody’s means that all three big ratings agencies have Hungary in investment grade and this could open a “new chapter” in efforts to reduce the country’s public debt, Economy Minister Mihály Varga said.
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.
Govt To Rethink Securities Market On Back Of S&P Upgrade
- 23 Sep 2016 9:00 AM
- business
The government plans “major changes” on the state bond market after Standard and Poor’s raised Hungary’s rating last week, government office chief János Lázár said. Prime Minister Viktor Orbán has asked Economy Minister Mihály Varga to review financial opportunities arising from the upgrade, Lázár said at a weekly government press conference.