355 result(s) for hungarian state debt
Hungary Could Need EUR 3.8 Bn New Borrowing In 2017
- 29 Dec 2016 7:00 AM
- business
The gross financing requirement for 2017 of the Hungarian state will be 7.844 trillion forints (EUR 25.4bn); of this amount, 1.166 trillion forints will represent new borrowing while 6.678 trillion forints will be needed for credit renewals, Economy Minister Mihály Varga and Government Debt Management Agency (AKK) CEO György Barcza announced at a press conference on Wednesday.
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.
Socialist Leader Calls For Better Pension System
- 24 Nov 2016 8:00 AM
- current affairs
Pensioners should feel safe not vulnerable, and they should feel proud not poor, opposition Socialist Party leader Gyula Molnár said. The Socialists see issues around Hungary’s 2.7 million pensioners as cardinal, he told the conference on the sustainability of the pension system organised by the Friedrich Ebert and Táncsics Mihály foundations.
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.
Orbán Calls For Higher Wages At EBRD Conference
- 11 Nov 2016 8:00 AM
- current affairs
Prime Minister Viktor Orbán called for a “firm increase” in wages in the Hungarian economy, which he said required increasingly competitive businesses. Addressing a conference organised by the European Bank of Reconstruction and Development (EBRD) in Budapest, Orbán said that reducing corporate and personal income taxes as well as employer contributions were necessary to enhance competitiveness.
Residency Bonds Sold On Credit
- 3 Oct 2016 9:00 AM
- current affairs
Chinese citizens may buy Hungarian residency bonds on credit, according to a Chinese-language advertisement on the website of sales agent Hungary State Special Debt Fund (HSSDF) registered in the Cayman Islands, Magyar Nemzet reports. The loan is provided by The China Construction Bank.
EC Launches Infringement Proceeding Concerning Budapest-Belgrade Railway Project
- 23 Sep 2016 9:00 AM
- getting around
“It seems strange that when most major rail corridors in Europe receive an average of 85 percent funding from the EU, Hungary seems ready to enter into a very costly agreement with China, the costs of which will be borne entirely by Hungarian taxpayers.” – Magyar Nemzet
Hungarian Residency Bond Program
- 15 Sep 2016 9:00 AM
- current affairs
By Dr. Judit Szegő: Probably many third country nationals (non-European Union citizens) are not aware of the unique investment opportunity in Hungary that enables third country nationals to acquire permanent resident status in Hungary without having a permanent address in Hungary, without even travellig to Hungary and going through the time-taking and complicated regular immigration proceeding.
CBA Franchise Partner In Trouble
- 15 Sep 2016 9:00 AM
- shopping
CBA Kereskedelmi has annulled the franchise agreement with Palóc Nagykereskedelmi, which coordinated the operation of some 80 CBA stores in six eastern counties, the Hungarian-owned retailer announced. The parties have held unsuccessful rounds of talks.
Hungary Could Need EUR 3.8 Bn New Borrowing In 2017
- 29 Dec 2016 7:00 AM
- business
The gross financing requirement for 2017 of the Hungarian state will be 7.844 trillion forints (EUR 25.4bn); of this amount, 1.166 trillion forints will represent new borrowing while 6.678 trillion forints will be needed for credit renewals, Economy Minister Mihály Varga and Government Debt Management Agency (AKK) CEO György Barcza announced at a press conference on Wednesday.
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.
Socialist Leader Calls For Better Pension System
- 24 Nov 2016 8:00 AM
- current affairs
Pensioners should feel safe not vulnerable, and they should feel proud not poor, opposition Socialist Party leader Gyula Molnár said. The Socialists see issues around Hungary’s 2.7 million pensioners as cardinal, he told the conference on the sustainability of the pension system organised by the Friedrich Ebert and Táncsics Mihály foundations.
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.
Orbán Calls For Higher Wages At EBRD Conference
- 11 Nov 2016 8:00 AM
- current affairs
Prime Minister Viktor Orbán called for a “firm increase” in wages in the Hungarian economy, which he said required increasingly competitive businesses. Addressing a conference organised by the European Bank of Reconstruction and Development (EBRD) in Budapest, Orbán said that reducing corporate and personal income taxes as well as employer contributions were necessary to enhance competitiveness.
Residency Bonds Sold On Credit
- 3 Oct 2016 9:00 AM
- current affairs
Chinese citizens may buy Hungarian residency bonds on credit, according to a Chinese-language advertisement on the website of sales agent Hungary State Special Debt Fund (HSSDF) registered in the Cayman Islands, Magyar Nemzet reports. The loan is provided by The China Construction Bank.
EC Launches Infringement Proceeding Concerning Budapest-Belgrade Railway Project
- 23 Sep 2016 9:00 AM
- getting around
“It seems strange that when most major rail corridors in Europe receive an average of 85 percent funding from the EU, Hungary seems ready to enter into a very costly agreement with China, the costs of which will be borne entirely by Hungarian taxpayers.” – Magyar Nemzet
Hungarian Residency Bond Program
- 15 Sep 2016 9:00 AM
- current affairs
By Dr. Judit Szegő: Probably many third country nationals (non-European Union citizens) are not aware of the unique investment opportunity in Hungary that enables third country nationals to acquire permanent resident status in Hungary without having a permanent address in Hungary, without even travellig to Hungary and going through the time-taking and complicated regular immigration proceeding.
CBA Franchise Partner In Trouble
- 15 Sep 2016 9:00 AM
- shopping
CBA Kereskedelmi has annulled the franchise agreement with Palóc Nagykereskedelmi, which coordinated the operation of some 80 CBA stores in six eastern counties, the Hungarian-owned retailer announced. The parties have held unsuccessful rounds of talks.