83 result(s) for loan rate cap
Hungary’s New Government Faces Growth Challenges - Analysts
- 10 Apr 2014 10:40 AM
- current affairs
Hungary’s re-elected Fidesz government faces structural and growth challenges and will need to patch up its frayed relations with business and banks to boost the economy, London-based emerging markets economists said on Monday.
The Budapest M4 Metro: A Study In Inefficiency And Waste
- 1 Apr 2014 9:00 AM
- getting around
Originally conceived in 1972 as a means for transporting commuters between Budafok (south-west Budapest) and downtown Pest, the decision to build the Budapest M4 metro was made in May 1991 during the first Demszky administration. Nol.hu writes that the project was started without permits, without the consent of owners, without the necessary management, and without moneymoney. With the exception ...
Xpat Opinion: Positive Feedback For Hungary From The IMF
- 24 Mar 2014 8:00 AM
- current affairs
A conservative columnist interprets the latest IMF report on Hungary as recognition of the success of the efforts made by the Hungarian government to overcome the crisis and restart economic growth.
Hungary’s Central Bank Official Hints Bank’s Profits Could Be Higher
- 19 Mar 2014 8:00 AM
- business
Hungarian banks’ profits should be neither too high nor too low in the long term, according to a paper published on the National Bank of Hungary’s website. Banking sector ROE (return on equity) of 10-12% would “best serve the development of the Hungarian economy”, NBH managing director Márton Nagy and director Balázs Vonnák wrote in the paper, titled “The 10 Measures of a Well-Functioning ...
Hungarian Russian Nuclear Energy Deal With Signed In Moscow
- 15 Jan 2014 9:00 AM
- current affairs
Russia will expand Hungary’s nuclear power plant in Paks in a €10-12 billion project under an agreement approved Tuesday by Prime Minister Viktor Orbán and Russian president Vladimir Putin.
Orbán Says Hungary’s Top Court Sides With Banks
- 23 Dec 2013 8:00 AM
- current affairs
The decision of the Kúria, or Supreme Court, on FX loans demonstrates that the top court took side with banks, PM Viktor Orbán said on Friday. “As there are plenty of those taking the side of banks, we will remain on the side of the people,” he said.
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: Hungary's OTP Chief Sándor Csányi’s Press Conference
- 26 Jul 2013 1:00 AM
- business
As Portfolio, the bilingual financial site, said today, “everybody was sitting on pins and needles” waiting for the cabinet decision on the fate of the loans issued in foreign currencies. However, it seems that the government wisely postponed the decision. So, for a while we will not know what kind of a solution the government will come up with.
Main Obstacles To Concluding A Loan Agreement With IMF & EU Have Been Removed
- 12 Nov 2012 8:06 AM
- business
In an interview for Hungarian News Agency MTI, the Prime Minister said that the government has made efforts to endure that the excessive deficit procedure Hungary has been subject to since 2004 will end. With reference to the European Commission's Wednesday report which forecast a deficit-to-GDP ratio of 2.9 percent and a growth rate of 0.3 percent for Hungary next year, the Prime Minister said ...
Hungary’s New Government Faces Growth Challenges - Analysts
- 10 Apr 2014 10:40 AM
- current affairs
Hungary’s re-elected Fidesz government faces structural and growth challenges and will need to patch up its frayed relations with business and banks to boost the economy, London-based emerging markets economists said on Monday.
The Budapest M4 Metro: A Study In Inefficiency And Waste
- 1 Apr 2014 9:00 AM
- getting around
Originally conceived in 1972 as a means for transporting commuters between Budafok (south-west Budapest) and downtown Pest, the decision to build the Budapest M4 metro was made in May 1991 during the first Demszky administration. Nol.hu writes that the project was started without permits, without the consent of owners, without the necessary management, and without moneymoney. With the exception ...
Xpat Opinion: Positive Feedback For Hungary From The IMF
- 24 Mar 2014 8:00 AM
- current affairs
A conservative columnist interprets the latest IMF report on Hungary as recognition of the success of the efforts made by the Hungarian government to overcome the crisis and restart economic growth.
Hungary’s Central Bank Official Hints Bank’s Profits Could Be Higher
- 19 Mar 2014 8:00 AM
- business
Hungarian banks’ profits should be neither too high nor too low in the long term, according to a paper published on the National Bank of Hungary’s website. Banking sector ROE (return on equity) of 10-12% would “best serve the development of the Hungarian economy”, NBH managing director Márton Nagy and director Balázs Vonnák wrote in the paper, titled “The 10 Measures of a Well-Functioning ...
Hungarian Russian Nuclear Energy Deal With Signed In Moscow
- 15 Jan 2014 9:00 AM
- current affairs
Russia will expand Hungary’s nuclear power plant in Paks in a €10-12 billion project under an agreement approved Tuesday by Prime Minister Viktor Orbán and Russian president Vladimir Putin.
Orbán Says Hungary’s Top Court Sides With Banks
- 23 Dec 2013 8:00 AM
- current affairs
The decision of the Kúria, or Supreme Court, on FX loans demonstrates that the top court took side with banks, PM Viktor Orbán said on Friday. “As there are plenty of those taking the side of banks, we will remain on the side of the people,” he said.
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: Hungary's OTP Chief Sándor Csányi’s Press Conference
- 26 Jul 2013 1:00 AM
- business
As Portfolio, the bilingual financial site, said today, “everybody was sitting on pins and needles” waiting for the cabinet decision on the fate of the loans issued in foreign currencies. However, it seems that the government wisely postponed the decision. So, for a while we will not know what kind of a solution the government will come up with.
Main Obstacles To Concluding A Loan Agreement With IMF & EU Have Been Removed
- 12 Nov 2012 8:06 AM
- business
In an interview for Hungarian News Agency MTI, the Prime Minister said that the government has made efforts to endure that the excessive deficit procedure Hungary has been subject to since 2004 will end. With reference to the European Commission's Wednesday report which forecast a deficit-to-GDP ratio of 2.9 percent and a growth rate of 0.3 percent for Hungary next year, the Prime Minister said ...