MNB

MNB

FDI into Bulgaria more than doubles in Jan-Sept

Foreign direct investment into Bulgaria, calculated according to the directional principle, grew to EUR 714.5 million in the January-September period...

MNB

Posta Slovenije to launch buyout bid for Intereuropa’s Bosnian arm

Posta Slovenije said it intends to launch a takeover bid for all the shares it does not already own in...

MNB

O/N deposit rate, base rate kept on hold

The Monetary Council of the National Bank of Hungary (MNB) decided to keep the central bank O/N deposit rate at...

MNB

Romanian forest management company puts up 40,000 Christmas trees for sale

Forest management company Romsilva will put up 40,000 Christmas trees for sale this year. Of these, 26,000 are fir trees...

MNB

Budapest court declares Quaestor head responsible

Csaba Tarsoly, the former head of failed brokerage Quaestor, has been declared personally responsible for the companyʼs loss of assets...

MNB

State debt at 66.4% of GDP at the end of Q3

Hungaryʼs state debt stood at 66.4% of GDP at the end of September, down from 66.5% of GDP at the...

MNB

If the Year Ends With a 9, Prepare for a History Lesson

In recent weeks, European media have dedicated many column-inches to the fall of the Berlin Wall, symbolizing the end of...

MNB

Net FDI inflow into Montenegro rises in Jan-Aug

The net inflow of foreign direct investment into Montenegro rose to EUR 259.4 million in the first eight months of...

MNB

Wizz Air raises 2019 profit guidance

Hungarian low-fare airline Wizz Air has raised the low end of its profit guidance for the end of its 2019...

MNB

Trade surplus at EUR 566 mln in September

The external trade surplus amounted to EUR 566 million in September, with both the value of exports and imports increasing...

MNB

Romania central bank leaves interest rates unchanged

Romania’s central bank left its key interest rate unchanged, as had been predicted by market analysts. The National Bank of...

MNB

Romanian MedLife scores new acquisition in Moldavia

Romanian privately owned medical services provider MedLife Group says it has acquired a majority stake in local peer Micromedica Medical...

MNB

August trade surplus revised up to EUR 60 mln

The Central Statistical Office (KSH) revised Hungaryʼs August trade surplus to EUR 60 million in a second reading of data...

MNB

Corporate Debt in Central Europe

Non-financial corporations can typically use two types of debt funding – bank loans and debt securities (e.g. bonds). Choosing one...

MNB

Bulgaria’s gov’t expects EUR 818 average salary in three years

A report released by Bulgariaʼs Ministry of Finance estimates that the average monthly salary in the country will reach about...

MNB

MNB Cites Global Uncertainty Behind September Rate Hold

Global economic uncertainty constrained Hungary’s monetary policy room for maneuver, the National Bank of Hungary’s (MNB) Monetary Council agreed at...

MNB Cites Global Uncertainty Behind September Rate Hold

Global economic uncertainty constrained Hungary’s monetary policy room for maneuver, the National Bank of Hungary’s (MNB) Monetary Council agreed at...

MNB International Reserves Fall to EUR 62.1 bln in September

The National Bank of Hungary’s (MNB) international reserves stood at EUR 62.061 bln at the end of September, down EUR...

Former Central Bank Governor Matolcsy Questioned as Suspect in Erste Case

Police have questioned seven suspects, including former National Bank of Hungary Governor György Matolcsy, in an investigation into alleged abuse...

MNB to Lower Inflation Target to 2.5% From 2028, Holds Base Rate at 5.5%

The National Bank of Hungary (MNB) will lower its inflation target to 2.5% from Jan. 1, 2028, while retaining its...

Varga Prioritizes Successful Euro Adoption Over Speed

Hungary should prioritize a successful transition to the euro over rapid adoption, MNB governor Mihály Varga said at the 64th...

Forint Volatility Warrants ‘Special Attention,’ MNB Policymakers Say

Members of the Monetary Council of the MNB acknowledged the disinflationary effects of the stronger forint but said exchange rate...

MNB Cuts Base Rate to 5.5%, September Inflation Report to Guide Next Steps

The Monetary Council of the National Bank of Hungary (MNB) cut the central bank base rate by 25 basis points...

Meeting Maastricht Criteria Would Benefit Entire Hungarian Economy, MNB Dep Gov Says

Meeting the Maastricht criteria for adopting the euro would benefit the entire Hungarian economy, Péter Benő Banai, a deputy governor...

National Bank of Hungary Cuts Base Rate to 5.75%

The Monetary Council of the National Bank of Hungary (MNB) cut the central bank base rate by 25 basis points...

MNB Monetary Council Cuts Base Rate to 6%

The Monetary Council of the National Bank of Hungary (MNB) decided to cut the central bank base rate by 25...

MNB Warns of Rising Housing Market Risks as Banks Remain Stable

The National Bank of Hungary (MNB) said the local banking system remains stable but underscored increasing risks in the home...

MNB International Reserves Rise EUR 1.898 bln in April

International reserves of the National Bank of Hungary (MNB) stood at EUR 60.630 billion at the end of April, up...

MNB May Reduce 82% Ownership Stake in BÉT

Talks are underway between the Budapest Stock Exchange (BÉT) and the National Bank of Hungary (MNB) on reducing the central...

MNB Governor Warns Inflation Could Exceed 5% This Year

MNB Governor Mihály Varga said in an interview with economic weekly HVG that the new gov't must present a credible...

National Bank Policymakers Leave Base Rate on Hold at 6.25%

The Monetary Council of the National Bank of Hungary (MNB) decided to leave the central bank base rate unchanged at...