47 result(s) for ecb
ECB Warns Hungarian Gov’t Against Cutting MNB Salaries
- 14 Jul 2010 2:00 AM
- business
"The European Central Bank (ECB) has told the Hungarian government that draft legislation on the salaries of senior National Bank (MNB) officials “should be amended to comply with the principle of central bank independence” and that the MNB should be involved in the drafting process.
ECB Tells Hungarian Gov't To Keep Hands Off Central Bank Salaries
- 13 Jul 2010 1:00 AM
- current affairs
"The European Central Bank (ECB) does not give its consent to a plan by the Hungarian government to cap the monthly salary of the Hungarian central bank’s (NBH) management at two million forints, an ECB opinion published on the bank’s website shows.
Markets Will Be Quick To Punish Any Expansionary Budget Policy In Hungary
- 17 May 2010 4:00 AM
- business
"Hungary’s currency and bonds may weaken on investor concern the new government will widen the budget deficit as the Greek crisis pushes the European Union to cap shortfalls, Bloomberg reported on Friday, citing analysts, who warned that the market will be quick to punish any expansionary budget policy.
Hungary's Forint Gains Sharply Against Euro On Massive EU Bailout
- 11 May 2010 3:00 AM
- business
"In tandem with the rally on global stock markets Hungary’s forint has firmed sharply on Monday morning and gained 2% versus the euro in a matter of hours. The spectacular improvement in global investor sentiment comes after an unprecedented decision by the European Union to support the embattled euro and the eurozone’s weakest nations struggling with debt with a massive bailout package of EUR ...
Fitch Sees Crisis Delaying Eastern European Euro Adoption
- 7 May 2010 5:00 AM
- business
"The global financial crisis has caused a further setback to euro adoption timetables in most EU member states in central and eastern Europe (CEE), owing to a marked widening of budget deficits and higher sovereign bond spreads, Fitch Ratings has said in a new report on Thursday. The exception, in the rating agency’s view, is Estonia, which Fitch expects to join the euro area in January 2011.
Hungary's Forint Drops Sharply Over Greece, Fidesz Flaying C.Bank Chief
- 28 Apr 2010 3:00 AM
- business
"First day after the overwhelming election victory of Hungary’s centre-right Fidesz party, Prime Minister candidate Viktor Orbán has already jumped down the throat of the financial markets regulator (PSZÁF) and the National Bank of Hungary (NBH), especially harshly criticising central bank Governor András Simor. Analysts do not seem to be happy.
Hungary's Forint Leans Towards Strenghtening Amidst Lighter Global Mood
- 21 Apr 2010 5:00 AM
- business
"Global investor sentiment is on the mend, which has lent some momentum to Hungary’s forint against the euro, as well. The international macro calendar is relatively empty therefore US corporate earnings reports and the economic/financial implications of the Icelandic volcano eruption are prone to affect investors’ mood today.
Hungarian PM To CNBC: Support For Greece Good Choice, Hungarian Budget On Track
- 29 Mar 2010 3:00 AM
- current affairs
"The leaders of 16 European Union nations that share the euro have come to terms about a rescue plan for Greece, agreeing that if the troubled country runs out of fundraising options, help will come from both the EU and the International Monetary Fund (IMF). Hungarian Prime Minister Gordon Bajnai urged euro zone leaders before to given Athens "breathing space" and help it access IMF loans.
JPmorgan Sees Hungary's Forint At 250 vs EUR By End-2011
- 22 Mar 2010 1:00 AM
- business
"Hungary’s forint could firm to 250 versus the euro by the end of 2011, and the country is likely to be the first in the region to join the euro zone, JPMorgan projected in its latest quarterly research note on Friday. While JPMorgan’s analysts expect the Hungarian economy to grow by 0.5% this year, UBS is less upbeat, forecasting a 0.5% GDP contraction.
ECB Warns Hungarian Gov’t Against Cutting MNB Salaries
- 14 Jul 2010 2:00 AM
- business
"The European Central Bank (ECB) has told the Hungarian government that draft legislation on the salaries of senior National Bank (MNB) officials “should be amended to comply with the principle of central bank independence” and that the MNB should be involved in the drafting process.
ECB Tells Hungarian Gov't To Keep Hands Off Central Bank Salaries
- 13 Jul 2010 1:00 AM
- current affairs
"The European Central Bank (ECB) does not give its consent to a plan by the Hungarian government to cap the monthly salary of the Hungarian central bank’s (NBH) management at two million forints, an ECB opinion published on the bank’s website shows.
Markets Will Be Quick To Punish Any Expansionary Budget Policy In Hungary
- 17 May 2010 4:00 AM
- business
"Hungary’s currency and bonds may weaken on investor concern the new government will widen the budget deficit as the Greek crisis pushes the European Union to cap shortfalls, Bloomberg reported on Friday, citing analysts, who warned that the market will be quick to punish any expansionary budget policy.
Hungary's Forint Gains Sharply Against Euro On Massive EU Bailout
- 11 May 2010 3:00 AM
- business
"In tandem with the rally on global stock markets Hungary’s forint has firmed sharply on Monday morning and gained 2% versus the euro in a matter of hours. The spectacular improvement in global investor sentiment comes after an unprecedented decision by the European Union to support the embattled euro and the eurozone’s weakest nations struggling with debt with a massive bailout package of EUR ...
Fitch Sees Crisis Delaying Eastern European Euro Adoption
- 7 May 2010 5:00 AM
- business
"The global financial crisis has caused a further setback to euro adoption timetables in most EU member states in central and eastern Europe (CEE), owing to a marked widening of budget deficits and higher sovereign bond spreads, Fitch Ratings has said in a new report on Thursday. The exception, in the rating agency’s view, is Estonia, which Fitch expects to join the euro area in January 2011.
Hungary's Forint Drops Sharply Over Greece, Fidesz Flaying C.Bank Chief
- 28 Apr 2010 3:00 AM
- business
"First day after the overwhelming election victory of Hungary’s centre-right Fidesz party, Prime Minister candidate Viktor Orbán has already jumped down the throat of the financial markets regulator (PSZÁF) and the National Bank of Hungary (NBH), especially harshly criticising central bank Governor András Simor. Analysts do not seem to be happy.
Hungary's Forint Leans Towards Strenghtening Amidst Lighter Global Mood
- 21 Apr 2010 5:00 AM
- business
"Global investor sentiment is on the mend, which has lent some momentum to Hungary’s forint against the euro, as well. The international macro calendar is relatively empty therefore US corporate earnings reports and the economic/financial implications of the Icelandic volcano eruption are prone to affect investors’ mood today.
Hungarian PM To CNBC: Support For Greece Good Choice, Hungarian Budget On Track
- 29 Mar 2010 3:00 AM
- current affairs
"The leaders of 16 European Union nations that share the euro have come to terms about a rescue plan for Greece, agreeing that if the troubled country runs out of fundraising options, help will come from both the EU and the International Monetary Fund (IMF). Hungarian Prime Minister Gordon Bajnai urged euro zone leaders before to given Athens "breathing space" and help it access IMF loans.
JPmorgan Sees Hungary's Forint At 250 vs EUR By End-2011
- 22 Mar 2010 1:00 AM
- business
"Hungary’s forint could firm to 250 versus the euro by the end of 2011, and the country is likely to be the first in the region to join the euro zone, JPMorgan projected in its latest quarterly research note on Friday. While JPMorgan’s analysts expect the Hungarian economy to grow by 0.5% this year, UBS is less upbeat, forecasting a 0.5% GDP contraction.