Finance

Debt

Polish State Treasury debt up in December

The Polish State Treasury debt at the end of December reached PLN 1.09 trillion (EUR 242.6 billion), up by PLN...

Debt

2020 gen gov’t deficit swells to nearly HUF 5.549 tln on pandemic defense, stimulus

Hungary's cash flow-based general government deficit, excluding local councils, reached almost HUF 5.549 trillion at the end of last year,...

Banking

Nagy: Economic growth ‘could reach 6%’ in 2021

This year, economic growth could reach up to 6%, and next year 6-7% can not be ruled out, and with...

Trade

Albania trade gap narrows 10% in 2020

Albania's trade deficit decreased by 9.9% year-on-year in 2020, to ALL 333 billion (EUR 2.7 billion), the statistics office said...

Debt

ÁKK sells HUF 42.5 bln of securities at auction, over plan

The Government Debt Management Agency (ÁKK) sold a combined HUF 42.5 billion of securities at auction on Wednesday, cutting its...

Debt

ÁKK sells HUF 11 bln of 3-month T-bills at auction, under plan

The Government Debt Management Agency (ÁKK) sold HUF 11 billion of discount three-month T-bills at auction on Tuesday, HUF 4...

MNB

MNB weekly QE purchases stand at HUF 50 bln

The National Bank of Hungary (MNB) bought HUF 50 billion of securities in the framework of a quantitative easing program...

Debt

Romania external debt up in Jan-Nov

Romania's total external debt, public and private, increased by EUR 10.2 billion in the first 11 months of 2020 to...

Banking

Watchdog clears buyout offer for Takarék Mortgage Bank

The National Bank of Hungary (MNB) has approved a mandatory public purchase offer by MTB Magyar Takarékszövetkezeti Bank, the "central...

Banking

Banking sector forint liquidity climbs in December

Forint liquidity of the Hungarian banking sector continued to climb in December, reflected by increases in the average stock of...

Banking

Domestic ownership in OTP Bank grows

Domestic ownership in OTP Bank, Hungary's biggest commercial lender, increased last year, state news wire MTI reports, citing a disclosure...

Ratings

Fitch: Hungary’s GDP to grow 7% in 2022

The European Union's recovery fund is expected to significantly accelerate the recovery of EU economies in Central and Eastern Europe...

Banking

Poland holds key rate unchanged

Poland's central bank left its key interest rate unchanged on Wednesday, and said the scale of the possible economic recovery...

Debt

ÁKK sells HUF 97.5 bln of bonds at auction, over plan 

The Government Debt Management Agency (ÁKK) sold HUF 97.5 billion of bonds at auction on Thursday, HUF 27.5 bln more...

Trade

Estonia trade deficit declines in November

Estonia's trade deficit decreased to EUR 62 million in November 2020 from EUR 78 million in the same month of...

Debt

Polish State Treasury debt up in December

The Polish State Treasury debt at the end of December reached PLN 1.09 trillion (EUR 242.6 billion), up by PLN...

Debt

2020 gen gov’t deficit swells to nearly HUF 5.549 tln on pandemic defense, stimulus

Hungary's cash flow-based general government deficit, excluding local councils, reached almost HUF 5.549 trillion at the end of last year,...

Banking

Nagy: Economic growth ‘could reach 6%’ in 2021

This year, economic growth could reach up to 6%, and next year 6-7% can not be ruled out, and with...

Trade

Albania trade gap narrows 10% in 2020

Albania's trade deficit decreased by 9.9% year-on-year in 2020, to ALL 333 billion (EUR 2.7 billion), the statistics office said...

Debt

ÁKK sells HUF 42.5 bln of securities at auction, over plan

The Government Debt Management Agency (ÁKK) sold a combined HUF 42.5 billion of securities at auction on Wednesday, cutting its...

Debt

ÁKK sells HUF 11 bln of 3-month T-bills at auction, under plan

The Government Debt Management Agency (ÁKK) sold HUF 11 billion of discount three-month T-bills at auction on Tuesday, HUF 4...

MNB

MNB weekly QE purchases stand at HUF 50 bln

The National Bank of Hungary (MNB) bought HUF 50 billion of securities in the framework of a quantitative easing program...

Debt

Romania external debt up in Jan-Nov

Romania's total external debt, public and private, increased by EUR 10.2 billion in the first 11 months of 2020 to...

Banking

Watchdog clears buyout offer for Takarék Mortgage Bank

The National Bank of Hungary (MNB) has approved a mandatory public purchase offer by MTB Magyar Takarékszövetkezeti Bank, the "central...

Banking

Banking sector forint liquidity climbs in December

Forint liquidity of the Hungarian banking sector continued to climb in December, reflected by increases in the average stock of...

Banking

Domestic ownership in OTP Bank grows

Domestic ownership in OTP Bank, Hungary's biggest commercial lender, increased last year, state news wire MTI reports, citing a disclosure...

Ratings

Fitch: Hungary’s GDP to grow 7% in 2022

The European Union's recovery fund is expected to significantly accelerate the recovery of EU economies in Central and Eastern Europe...

Banking

Poland holds key rate unchanged

Poland's central bank left its key interest rate unchanged on Wednesday, and said the scale of the possible economic recovery...

Debt

ÁKK sells HUF 97.5 bln of bonds at auction, over plan 

The Government Debt Management Agency (ÁKK) sold HUF 97.5 billion of bonds at auction on Thursday, HUF 27.5 bln more...

Trade

Estonia trade deficit declines in November

Estonia's trade deficit decreased to EUR 62 million in November 2020 from EUR 78 million in the same month of...

Polish State Treasury debt up in December

The Polish State Treasury debt at the end of December reached PLN 1.09 trillion (EUR 242.6 billion), up by PLN...

2020 gen gov’t deficit swells to nearly HUF 5.549 tln on pandemic defense, stimulus

Hungary's cash flow-based general government deficit, excluding local councils, reached almost HUF 5.549 trillion at the end of last year,...

Nagy: Economic growth ‘could reach 6%’ in 2021

This year, economic growth could reach up to 6%, and next year 6-7% can not be ruled out, and with...

Albania trade gap narrows 10% in 2020

Albania's trade deficit decreased by 9.9% year-on-year in 2020, to ALL 333 billion (EUR 2.7 billion), the statistics office said...

ÁKK sells HUF 42.5 bln of securities at auction, over plan

The Government Debt Management Agency (ÁKK) sold a combined HUF 42.5 billion of securities at auction on Wednesday, cutting its...

ÁKK sells HUF 11 bln of 3-month T-bills at auction, under plan

The Government Debt Management Agency (ÁKK) sold HUF 11 billion of discount three-month T-bills at auction on Tuesday, HUF 4...

MNB weekly QE purchases stand at HUF 50 bln

The National Bank of Hungary (MNB) bought HUF 50 billion of securities in the framework of a quantitative easing program...

Romania external debt up in Jan-Nov

Romania's total external debt, public and private, increased by EUR 10.2 billion in the first 11 months of 2020 to...

Watchdog clears buyout offer for Takarék Mortgage Bank

The National Bank of Hungary (MNB) has approved a mandatory public purchase offer by MTB Magyar Takarékszövetkezeti Bank, the "central...

Banking sector forint liquidity climbs in December

Forint liquidity of the Hungarian banking sector continued to climb in December, reflected by increases in the average stock of...

Domestic ownership in OTP Bank grows

Domestic ownership in OTP Bank, Hungary's biggest commercial lender, increased last year, state news wire MTI reports, citing a disclosure...

Fitch: Hungary’s GDP to grow 7% in 2022

The European Union's recovery fund is expected to significantly accelerate the recovery of EU economies in Central and Eastern Europe...

Poland holds key rate unchanged

Poland's central bank left its key interest rate unchanged on Wednesday, and said the scale of the possible economic recovery...

ÁKK sells HUF 97.5 bln of bonds at auction, over plan 

The Government Debt Management Agency (ÁKK) sold HUF 97.5 billion of bonds at auction on Thursday, HUF 27.5 bln more...

Estonia trade deficit declines in November

Estonia's trade deficit decreased to EUR 62 million in November 2020 from EUR 78 million in the same month of...