85 result(s) for euro currency in Business
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 ...
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.
Hungary’s Forint Dips Further
- 3 Dec 2013 8:00 AM
- business
The forint weakened to above 303 to the euro for the first time since early January on Monday’s interbank market, trading at 303.51 to the single European currency at 4:15 p.m., compared to a rate of 300.94 at 4:15 p.m. on Friday.
Budget 2014: Inflation Projected At 2.4% And Budget Deficit At 2.9% In Hungary
- 23 Sep 2013 1:00 AM
- business
The Ministry for National Economy drafted next year’s budget with a deficit of 2.9 percent and an inflation rate of 2.4 percent, Minister Mihály Varga stated on Sunday. The Minister also disclosed that the Ministry calculated the 2014 Budget without revenues from the advertisement tax and the below 3 percent deficit target will be attainable even without that. “I anticipate only slight ...
Xpat Opinion: Euro Over 300 HUF In Hungary
- 5 Aug 2013 9:00 AM
- business
Commentators across the political spectrum ponder the possible impact of the IMF loan repayment and the conversion of foreign currency-based mortgages into Forint credit.
Xpat Opinion: Hungary's Central Bank Rate Cuts Criticized
- 3 Jun 2013 9:00 AM
- business
A liberal economist acknowledges that his fears about the impact of lowering the base rate have been proven unfounded. But he accuses National Bank chief György Matolcsy, nonetheless, of irresponsible management.
Xpat Event Report: Hungary Welcomes Foreign Investors & Producers
- 2 Apr 2013 9:02 AM
- business
The Hungarian banking sector is safe, Foreign Minister János Martonyi said in connection with the Cyprus crisis, speaking at a business forum of the American Chamber of Commerce on Thursday.
Xpat Opinion: Hungary's Forint Comes Under Pressure
- 18 Jan 2013 8:00 AM
- business
As the Forint weakens against the Euro, pundits wonder why international speculators are selling the Hungarian currency, and whether its slump is the result of the uncertainty related to the imminent choice of a new National Bank president, and of a possible quantitative easing program.
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 ...
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.
Hungary’s Forint Dips Further
- 3 Dec 2013 8:00 AM
- business
The forint weakened to above 303 to the euro for the first time since early January on Monday’s interbank market, trading at 303.51 to the single European currency at 4:15 p.m., compared to a rate of 300.94 at 4:15 p.m. on Friday.
Budget 2014: Inflation Projected At 2.4% And Budget Deficit At 2.9% In Hungary
- 23 Sep 2013 1:00 AM
- business
The Ministry for National Economy drafted next year’s budget with a deficit of 2.9 percent and an inflation rate of 2.4 percent, Minister Mihály Varga stated on Sunday. The Minister also disclosed that the Ministry calculated the 2014 Budget without revenues from the advertisement tax and the below 3 percent deficit target will be attainable even without that. “I anticipate only slight ...
Xpat Opinion: Euro Over 300 HUF In Hungary
- 5 Aug 2013 9:00 AM
- business
Commentators across the political spectrum ponder the possible impact of the IMF loan repayment and the conversion of foreign currency-based mortgages into Forint credit.
Xpat Opinion: Hungary's Central Bank Rate Cuts Criticized
- 3 Jun 2013 9:00 AM
- business
A liberal economist acknowledges that his fears about the impact of lowering the base rate have been proven unfounded. But he accuses National Bank chief György Matolcsy, nonetheless, of irresponsible management.
Xpat Event Report: Hungary Welcomes Foreign Investors & Producers
- 2 Apr 2013 9:02 AM
- business
The Hungarian banking sector is safe, Foreign Minister János Martonyi said in connection with the Cyprus crisis, speaking at a business forum of the American Chamber of Commerce on Thursday.
Xpat Opinion: Hungary's Forint Comes Under Pressure
- 18 Jan 2013 8:00 AM
- business
As the Forint weakens against the Euro, pundits wonder why international speculators are selling the Hungarian currency, and whether its slump is the result of the uncertainty related to the imminent choice of a new National Bank president, and of a possible quantitative easing program.