52 result(s) for euro convergence
Police Looking Into Budapest Transport Company's Contracts
- 31 Jan 2012 8:00 AM
- current affairs
"Police raided BKV headquarters on Monday evening looking for documents related to former leaders of the Budapest public transport company it was announced. Detectives are investigating six contracts related to former CEO Istvan Kocsis, his former deputy Ferenc Olti and two other former senior BKV officials.
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.
Hungary Needs New Growth Model For Successful Euro Adoption
- 19 May 2010 5:00 AM
- business
"Hungarian version
The earlier path of financing growth from foreign borrowing can no longer be sustained in Hungary, the National Bank of Hungary (NBH) said in its Report on the Convergence Process published on Wednesday. Reducing Hungary’s public and external debts is the key to sustainable growth and successful euro adoption. In other words, the economy will need to rely on a greater ...
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 Retail Sales Up 0.6% m/m vs. Drop In Dec
- 24 Mar 2010 2:00 AM
- shopping
"The volume of retail sales in Hungary rose by 0.6% month on month in January, following an 0.6% drop in December 2009, the Central Statistics Office (KSH) has reported on Tuesday.
Hungary's Járai Calls 3.8% Deficit “Unfeasible”
- 18 Mar 2010 3:00 AM
- business
"The government’s 2010 budget deficit target of 3.8% of GDP is not feasible and could grow to 7-8% if no additional measures are taken, Fidesz former finance minister Zsigmond Járai said Tuesday.
Hungary Needs "Fiscal Dictatorship" - Járai
- 11 Mar 2010 1:00 AM
- business
"Hungary would still be on the verge of sovereign default if it was not for the IMF credit, said Zsigmond Járai, former Governor of the central bank (NBH). He also told a conference in Budapest on Tuesday that the c.bank pursued a wrong monetary policy and that it should have lowered interest rates drastically. He noted that Hungary would need to rewrite its Convergence Programme as quickly as ...
Police Looking Into Budapest Transport Company's Contracts
- 31 Jan 2012 8:00 AM
- current affairs
"Police raided BKV headquarters on Monday evening looking for documents related to former leaders of the Budapest public transport company it was announced. Detectives are investigating six contracts related to former CEO Istvan Kocsis, his former deputy Ferenc Olti and two other former senior BKV officials.
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.
Hungary Needs New Growth Model For Successful Euro Adoption
- 19 May 2010 5:00 AM
- business
"Hungarian version
The earlier path of financing growth from foreign borrowing can no longer be sustained in Hungary, the National Bank of Hungary (NBH) said in its Report on the Convergence Process published on Wednesday. Reducing Hungary’s public and external debts is the key to sustainable growth and successful euro adoption. In other words, the economy will need to rely on a greater ...
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 Retail Sales Up 0.6% m/m vs. Drop In Dec
- 24 Mar 2010 2:00 AM
- shopping
"The volume of retail sales in Hungary rose by 0.6% month on month in January, following an 0.6% drop in December 2009, the Central Statistics Office (KSH) has reported on Tuesday.
Hungary's Járai Calls 3.8% Deficit “Unfeasible”
- 18 Mar 2010 3:00 AM
- business
"The government’s 2010 budget deficit target of 3.8% of GDP is not feasible and could grow to 7-8% if no additional measures are taken, Fidesz former finance minister Zsigmond Járai said Tuesday.
Hungary Needs "Fiscal Dictatorship" - Járai
- 11 Mar 2010 1:00 AM
- business
"Hungary would still be on the verge of sovereign default if it was not for the IMF credit, said Zsigmond Járai, former Governor of the central bank (NBH). He also told a conference in Budapest on Tuesday that the c.bank pursued a wrong monetary policy and that it should have lowered interest rates drastically. He noted that Hungary would need to rewrite its Convergence Programme as quickly as ...