Finance

MNB

Tightening labor market could produce ‘sustained’ wage growth – MNB

Cyclical tightening in the labor market resulting from the economic recovery could keep wage growth high, the National Bank of...

Debt

ÁKK sells HUF 40.5 bln of securities at auction, fraction over plan

The Government Debt Management Agency (ÁKK) sold HUF 40.5 billion of securities at auction on Thursday, HUF 0.5 bln more...

Banking

Czech central bank hikes key rates 

The Czech National Bank (CNB) raised its benchmark two-week repo rate by 25 basis points to 0.50% on Wednesday, in...

Debt

Government deficit reaches HUF 1.312 tln

Hungary's cash flow-based general government deficit, excluding local councils, reached HUF 1.312 trillion at the end of May, widening on...

MNB

CPI to stabilize from mid-2022 on ‘proactive’ monetary policy

The National Bank of Hungary (MNB) said inflation will stabilize around the 3% central bank target from mid-2022 as the...

MNB

MNB advising lenders to allow borrowers to pay interest early

The National Bank of Hungary (MNB) will advise banks to give borrowers who leave the repayment moratorium the chance to...

Banking

Takarék Group balance sheet expands 41% in 2020

Total assets of Hungary's Takarék banking group rose 41% to HUF 3.632 trillion last year, the lender said, according to...

Debt

Slovakia c/a deficit narrows in April

Slovakia's current account deficit narrowed to EUR 77 million in April, from EUR 726.4 million in the corresponding month of...

Debt

Czech Republic’s foreign debt up in Q1

The Czech Republic's foreign debt increased by CZK 6.7 billion in the first quarter reaching CZK 4.3 trillion (EUR 168...

MNB

MNB puts CPI ‘mostly above’ tolerance band till year-end

National Bank of Hungary (MNB) policymakers said inflation "is likely to stay mostly above" the central bank's 2%-4% tolerance band...

MNB

MNB policymakers raise base rate 30 bp to 0.90%

The Monetary Council of the National Bank of Hungary (MNB) decided to raise the central bank base rate by 30...

Ratings

Fitch affirms Erste Hungary at ‘BBB+’ with stable outlook

Fitch Ratings on Monday affirmed Erste Bank Hungary's long-term issuer default rating at "BBB+" with a stable outlook, according to...

Debt

Croatia’s gross foreign debt up in Feb

Croatia's gross foreign debt rose by 1.03% on a monthly comparison basis in February, reaching EUR 42.022 billion, preliminary central...

MNB

Matolcsy warns 2022 overspending could fuel inflation

National Bank of Hungary (MNB) governor György Matolcsy said he believes the 5.9%-of-GDP general government deficit target in the 2022...

Debt

Bulgaria c/a surplus narrows in April

Bulgaria's current account surplus narrowed to EUR 7.8 million in April from EUR 24.2 million surplus in the same month...

MNB

Tightening labor market could produce ‘sustained’ wage growth – MNB

Cyclical tightening in the labor market resulting from the economic recovery could keep wage growth high, the National Bank of...

Debt

ÁKK sells HUF 40.5 bln of securities at auction, fraction over plan

The Government Debt Management Agency (ÁKK) sold HUF 40.5 billion of securities at auction on Thursday, HUF 0.5 bln more...

Banking

Czech central bank hikes key rates 

The Czech National Bank (CNB) raised its benchmark two-week repo rate by 25 basis points to 0.50% on Wednesday, in...

Debt

Government deficit reaches HUF 1.312 tln

Hungary's cash flow-based general government deficit, excluding local councils, reached HUF 1.312 trillion at the end of May, widening on...

MNB

CPI to stabilize from mid-2022 on ‘proactive’ monetary policy

The National Bank of Hungary (MNB) said inflation will stabilize around the 3% central bank target from mid-2022 as the...

MNB

MNB advising lenders to allow borrowers to pay interest early

The National Bank of Hungary (MNB) will advise banks to give borrowers who leave the repayment moratorium the chance to...

Banking

Takarék Group balance sheet expands 41% in 2020

Total assets of Hungary's Takarék banking group rose 41% to HUF 3.632 trillion last year, the lender said, according to...

Debt

Slovakia c/a deficit narrows in April

Slovakia's current account deficit narrowed to EUR 77 million in April, from EUR 726.4 million in the corresponding month of...

Debt

Czech Republic’s foreign debt up in Q1

The Czech Republic's foreign debt increased by CZK 6.7 billion in the first quarter reaching CZK 4.3 trillion (EUR 168...

MNB

MNB puts CPI ‘mostly above’ tolerance band till year-end

National Bank of Hungary (MNB) policymakers said inflation "is likely to stay mostly above" the central bank's 2%-4% tolerance band...

MNB

MNB policymakers raise base rate 30 bp to 0.90%

The Monetary Council of the National Bank of Hungary (MNB) decided to raise the central bank base rate by 30...

Ratings

Fitch affirms Erste Hungary at ‘BBB+’ with stable outlook

Fitch Ratings on Monday affirmed Erste Bank Hungary's long-term issuer default rating at "BBB+" with a stable outlook, according to...

Debt

Croatia’s gross foreign debt up in Feb

Croatia's gross foreign debt rose by 1.03% on a monthly comparison basis in February, reaching EUR 42.022 billion, preliminary central...

MNB

Matolcsy warns 2022 overspending could fuel inflation

National Bank of Hungary (MNB) governor György Matolcsy said he believes the 5.9%-of-GDP general government deficit target in the 2022...

Debt

Bulgaria c/a surplus narrows in April

Bulgaria's current account surplus narrowed to EUR 7.8 million in April from EUR 24.2 million surplus in the same month...

Tightening labor market could produce ‘sustained’ wage growth – MNB

Cyclical tightening in the labor market resulting from the economic recovery could keep wage growth high, the National Bank of...

ÁKK sells HUF 40.5 bln of securities at auction, fraction over plan

The Government Debt Management Agency (ÁKK) sold HUF 40.5 billion of securities at auction on Thursday, HUF 0.5 bln more...

Czech central bank hikes key rates 

The Czech National Bank (CNB) raised its benchmark two-week repo rate by 25 basis points to 0.50% on Wednesday, in...

Government deficit reaches HUF 1.312 tln

Hungary's cash flow-based general government deficit, excluding local councils, reached HUF 1.312 trillion at the end of May, widening on...

CPI to stabilize from mid-2022 on ‘proactive’ monetary policy

The National Bank of Hungary (MNB) said inflation will stabilize around the 3% central bank target from mid-2022 as the...

MNB advising lenders to allow borrowers to pay interest early

The National Bank of Hungary (MNB) will advise banks to give borrowers who leave the repayment moratorium the chance to...

Takarék Group balance sheet expands 41% in 2020

Total assets of Hungary's Takarék banking group rose 41% to HUF 3.632 trillion last year, the lender said, according to...

Slovakia c/a deficit narrows in April

Slovakia's current account deficit narrowed to EUR 77 million in April, from EUR 726.4 million in the corresponding month of...

Czech Republic’s foreign debt up in Q1

The Czech Republic's foreign debt increased by CZK 6.7 billion in the first quarter reaching CZK 4.3 trillion (EUR 168...

MNB puts CPI ‘mostly above’ tolerance band till year-end

National Bank of Hungary (MNB) policymakers said inflation "is likely to stay mostly above" the central bank's 2%-4% tolerance band...

MNB policymakers raise base rate 30 bp to 0.90%

The Monetary Council of the National Bank of Hungary (MNB) decided to raise the central bank base rate by 30...

Fitch affirms Erste Hungary at ‘BBB+’ with stable outlook

Fitch Ratings on Monday affirmed Erste Bank Hungary's long-term issuer default rating at "BBB+" with a stable outlook, according to...

Croatia’s gross foreign debt up in Feb

Croatia's gross foreign debt rose by 1.03% on a monthly comparison basis in February, reaching EUR 42.022 billion, preliminary central...

Matolcsy warns 2022 overspending could fuel inflation

National Bank of Hungary (MNB) governor György Matolcsy said he believes the 5.9%-of-GDP general government deficit target in the 2022...

Bulgaria c/a surplus narrows in April

Bulgaria's current account surplus narrowed to EUR 7.8 million in April from EUR 24.2 million surplus in the same month...