261 result(s) for euro currency
Raiffeisen Injects Eur 55m Into Hungarian Unit
- 29 Jan 2014 8:00 AM
- business
Raiffeisen Bank International injected another 55 million euros into its Hungarian unit before the end of last year, Austrian business daily Wirtschaftsblatt reported. The paper said part of the reason for the injection was the problem of foreign currencydenominated loans.
Hungary’s Forint Down Again
- 24 Jan 2014 8:00 AM
- business
The forint was trading at 305.22 to the euro late Thursday, down from 302.55 late Wednesday. After a lull on Wednesday, the Hungarian currency led a decline in central European assets on Thursday as concern over weaker activity in China, a fall of Turkey’s lira to record lows against the dollar, and continuing upheaval in the Ukraine triggered some re-weighting to the detriment of emerging market ...
European Court Decision On FX Loans Could Be Guideline In Hungary
- 16 Jan 2014 8:00 AM
- property
Hungary’s supreme court, the Kúria, was right in its decision to wait for the European Court of Justice to come up with a position on foreign currencydenominated loans before ruling on the subject, Hungarian Justice Minister Tibor Navracsics told commercial HírTV on Wednesday.
Xpat Opinion: Hungary's Kúria Rules Forex Based Mortgage Loans Valid
- 20 Dec 2013 8:00 AM
- property
A pro-government daily accuses the top court of siding with banks, avoiding relevant questions and undermining public faith in the courts, while the leading opposition daily says the story is far from over and suspects that this resolution is exactly what the government hoped for.
Hungary’s Top Court Limited In Helping FX Borrowers, Says Kúria Head
- 18 Dec 2013 3:00 AM
- property
Hungary’s supreme court, the Kúria, has tried to do all it can for troubled mortgage holders but the courts have limited means to manage serious social and economic problems, Péter Darák, the court’s chief judge, told MTI in an interview.
Kúria Affirms Validity Of Foreign-Currency Loans In Hungary
- 17 Dec 2013 7:00 AM
- property
The Kúria ruled on Monday that foreign-currency mortgage loans are valid, are not immoral, do not constitute usury, and are not “sham contracts”. A two-thirds majority of the special panel of 36 judges ruled that borrowers must bear the risks of such loans, including the risk associated with currency fluctuations.
Xpat Opinion: Hungary The ‘Star Pupil’
- 16 Dec 2013 8:00 AM
- current affairs
“Romania, Hungary and Latvia emerge the star pupils in the latest survey on growth in the EU,” it begins. Hungary watchers will know that it has been quite some time since this country was referred to as a “star pupil” in the EU regarding anything that has to do with the economy. When was the last time?
Fitch Ratings Affirms Hungary At BB+
- 12 Dec 2013 2:00 AM
- business
Fitch Ratings on Wednesday affirmed Hungary’s long-term foreign currency rating at ‘BB+’ with a stable outlook, and its local currency rating at ‘BBB-’. The outlooks on the long-term ratings are stable, the country ceiling has been affirmed at ‘BBB’ and the short-term foreign currency rating at ‘B’, the agency said in a report.
EU Rules Allow Top Court In Hungary To Set FX Rate In Loan Cases
- 6 Dec 2013 2:00 AM
- property
European Union regulations on unfair contractual obligations enable the top court Kúria to assess the fairness of contracts and in certain cases set the exchange rate, daily Magyar Nemzet said, citing a position by the European Commission.
Raiffeisen Injects Eur 55m Into Hungarian Unit
- 29 Jan 2014 8:00 AM
- business
Raiffeisen Bank International injected another 55 million euros into its Hungarian unit before the end of last year, Austrian business daily Wirtschaftsblatt reported. The paper said part of the reason for the injection was the problem of foreign currencydenominated loans.
Hungary’s Forint Down Again
- 24 Jan 2014 8:00 AM
- business
The forint was trading at 305.22 to the euro late Thursday, down from 302.55 late Wednesday. After a lull on Wednesday, the Hungarian currency led a decline in central European assets on Thursday as concern over weaker activity in China, a fall of Turkey’s lira to record lows against the dollar, and continuing upheaval in the Ukraine triggered some re-weighting to the detriment of emerging market ...
European Court Decision On FX Loans Could Be Guideline In Hungary
- 16 Jan 2014 8:00 AM
- property
Hungary’s supreme court, the Kúria, was right in its decision to wait for the European Court of Justice to come up with a position on foreign currencydenominated loans before ruling on the subject, Hungarian Justice Minister Tibor Navracsics told commercial HírTV on Wednesday.
Xpat Opinion: Hungary's Kúria Rules Forex Based Mortgage Loans Valid
- 20 Dec 2013 8:00 AM
- property
A pro-government daily accuses the top court of siding with banks, avoiding relevant questions and undermining public faith in the courts, while the leading opposition daily says the story is far from over and suspects that this resolution is exactly what the government hoped for.
Hungary’s Top Court Limited In Helping FX Borrowers, Says Kúria Head
- 18 Dec 2013 3:00 AM
- property
Hungary’s supreme court, the Kúria, has tried to do all it can for troubled mortgage holders but the courts have limited means to manage serious social and economic problems, Péter Darák, the court’s chief judge, told MTI in an interview.
Kúria Affirms Validity Of Foreign-Currency Loans In Hungary
- 17 Dec 2013 7:00 AM
- property
The Kúria ruled on Monday that foreign-currency mortgage loans are valid, are not immoral, do not constitute usury, and are not “sham contracts”. A two-thirds majority of the special panel of 36 judges ruled that borrowers must bear the risks of such loans, including the risk associated with currency fluctuations.
Xpat Opinion: Hungary The ‘Star Pupil’
- 16 Dec 2013 8:00 AM
- current affairs
“Romania, Hungary and Latvia emerge the star pupils in the latest survey on growth in the EU,” it begins. Hungary watchers will know that it has been quite some time since this country was referred to as a “star pupil” in the EU regarding anything that has to do with the economy. When was the last time?
Fitch Ratings Affirms Hungary At BB+
- 12 Dec 2013 2:00 AM
- business
Fitch Ratings on Wednesday affirmed Hungary’s long-term foreign currency rating at ‘BB+’ with a stable outlook, and its local currency rating at ‘BBB-’. The outlooks on the long-term ratings are stable, the country ceiling has been affirmed at ‘BBB’ and the short-term foreign currency rating at ‘B’, the agency said in a report.
EU Rules Allow Top Court In Hungary To Set FX Rate In Loan Cases
- 6 Dec 2013 2:00 AM
- property
European Union regulations on unfair contractual obligations enable the top court Kúria to assess the fairness of contracts and in certain cases set the exchange rate, daily Magyar Nemzet said, citing a position by the European Commission.