Finance

Banking

Croatia’s central bank FX reserves down in May

The foreign exchange (FX) reserves held by Croatia’s central bank fell 1.55% month-on-month in May to a preliminary EUR 15.36...

Debt

ÁKK sells HUF 20 bln of 3-month T-bills at auction, as planned

The Government Debt Management Agency (ÁKK) sold HUF 20 billion of discount three-month T-bills at auction on Tuesday, in line...

MNB

Serbia’s real net wage up in April

Serbia’s average net wage increased by a real 7.2% year-on-year in April, following an 8.6% annual rise in March, figures...

Ratings

Fitch sees deep GDP fall, then solid recovery in Hungary

Hungaryʼs economy will shrink this year at a rate not seen since the 2009 global financial crisis but is set...

MNB

MNB dep gov to propose another 15 bp rate cut in July

Barnabás Virág, who was appointed a National Bank of Hungary (MNB) deputy governor on Tuesday, has said he will propose...

Banking

Govʼt to crack down on small business tax abusers

The government will modify rules governing the Itemised Tax for Small Businesses (KATA) from next year to prevent abuse by...

MNB

Romania’s annual bank deposits growth speeds up in May

The deposits of the non-governmental sector in Romanian banks grew 13.9% on the year to RON 383.5 billion (EUR 79...

Debt

ÁKK sells HUF 108.5 bln of bonds at auction, over plan

The Government Debt Management Agency (ÁKK) sold a combined HUF 108.5 billion of bonds at auction on Thursday, raising its...

MNB

MNB lifts inflation forecast for 2020, lowers GDP growth estimate

The National Bank of Hungary on Tuesday said in a preliminary release of the main forecasts from its quarterly Inflation...

MNB

N. Macedonia’s real net wage rises in April

North Macedonia’s real net wage increased by 4.3% year-on-year in April, after growing by an annual 6.9% in March, the...

MNB

Bulgaria’s non-govʼt deposit growth speeds up, borrowing growth slows in May

Deposits of Bulgaria’s non-government sector rose by an annual 8.6% to BGN 86.3 billion (EUR 44.1 bln) at the end...

Ratings

Diversified economy, deficit policies support Hungaryʼs rating, Moodyʼs says

Hungaryʼs (Baa3 stable) credit profile is supported by a diversified economy closely integrated into European supply chains, fiscal policies that...

Debt

ÁKK sells HUF 20 bln of 3-month T-bills at auction, as planned

The Government Debt Management Agency (ÁKK) sold HUF 20 billion of discount three-month T-bills at auction on Tuesday, in line...

MNB

Net FDI inflow into Montenegro rises in Jan-Apr

The net inflow of foreign direct investment (FDI) into Montenegro rose to EUR 180.7 million in the first four months...

MNB

EBRD boosting lending to businesses in Bosnia and Herzegovina

The European Bank for Reconstruction and Development (EBRD) has announced it is providing a EUR 5 million loan to Partner...

Banking

Croatia’s central bank FX reserves down in May

The foreign exchange (FX) reserves held by Croatia’s central bank fell 1.55% month-on-month in May to a preliminary EUR 15.36...

Debt

ÁKK sells HUF 20 bln of 3-month T-bills at auction, as planned

The Government Debt Management Agency (ÁKK) sold HUF 20 billion of discount three-month T-bills at auction on Tuesday, in line...

MNB

Serbia’s real net wage up in April

Serbia’s average net wage increased by a real 7.2% year-on-year in April, following an 8.6% annual rise in March, figures...

Ratings

Fitch sees deep GDP fall, then solid recovery in Hungary

Hungaryʼs economy will shrink this year at a rate not seen since the 2009 global financial crisis but is set...

MNB

MNB dep gov to propose another 15 bp rate cut in July

Barnabás Virág, who was appointed a National Bank of Hungary (MNB) deputy governor on Tuesday, has said he will propose...

Banking

Govʼt to crack down on small business tax abusers

The government will modify rules governing the Itemised Tax for Small Businesses (KATA) from next year to prevent abuse by...

MNB

Romania’s annual bank deposits growth speeds up in May

The deposits of the non-governmental sector in Romanian banks grew 13.9% on the year to RON 383.5 billion (EUR 79...

Debt

ÁKK sells HUF 108.5 bln of bonds at auction, over plan

The Government Debt Management Agency (ÁKK) sold a combined HUF 108.5 billion of bonds at auction on Thursday, raising its...

MNB

MNB lifts inflation forecast for 2020, lowers GDP growth estimate

The National Bank of Hungary on Tuesday said in a preliminary release of the main forecasts from its quarterly Inflation...

MNB

N. Macedonia’s real net wage rises in April

North Macedonia’s real net wage increased by 4.3% year-on-year in April, after growing by an annual 6.9% in March, the...

MNB

Bulgaria’s non-govʼt deposit growth speeds up, borrowing growth slows in May

Deposits of Bulgaria’s non-government sector rose by an annual 8.6% to BGN 86.3 billion (EUR 44.1 bln) at the end...

Ratings

Diversified economy, deficit policies support Hungaryʼs rating, Moodyʼs says

Hungaryʼs (Baa3 stable) credit profile is supported by a diversified economy closely integrated into European supply chains, fiscal policies that...

Debt

ÁKK sells HUF 20 bln of 3-month T-bills at auction, as planned

The Government Debt Management Agency (ÁKK) sold HUF 20 billion of discount three-month T-bills at auction on Tuesday, in line...

MNB

Net FDI inflow into Montenegro rises in Jan-Apr

The net inflow of foreign direct investment (FDI) into Montenegro rose to EUR 180.7 million in the first four months...

MNB

EBRD boosting lending to businesses in Bosnia and Herzegovina

The European Bank for Reconstruction and Development (EBRD) has announced it is providing a EUR 5 million loan to Partner...

Croatia’s central bank FX reserves down in May

The foreign exchange (FX) reserves held by Croatia’s central bank fell 1.55% month-on-month in May to a preliminary EUR 15.36...

ÁKK sells HUF 20 bln of 3-month T-bills at auction, as planned

The Government Debt Management Agency (ÁKK) sold HUF 20 billion of discount three-month T-bills at auction on Tuesday, in line...

Serbia’s real net wage up in April

Serbia’s average net wage increased by a real 7.2% year-on-year in April, following an 8.6% annual rise in March, figures...

Fitch sees deep GDP fall, then solid recovery in Hungary

Hungaryʼs economy will shrink this year at a rate not seen since the 2009 global financial crisis but is set...

MNB dep gov to propose another 15 bp rate cut in July

Barnabás Virág, who was appointed a National Bank of Hungary (MNB) deputy governor on Tuesday, has said he will propose...

Govʼt to crack down on small business tax abusers

The government will modify rules governing the Itemised Tax for Small Businesses (KATA) from next year to prevent abuse by...

Romania’s annual bank deposits growth speeds up in May

The deposits of the non-governmental sector in Romanian banks grew 13.9% on the year to RON 383.5 billion (EUR 79...

ÁKK sells HUF 108.5 bln of bonds at auction, over plan

The Government Debt Management Agency (ÁKK) sold a combined HUF 108.5 billion of bonds at auction on Thursday, raising its...

MNB lifts inflation forecast for 2020, lowers GDP growth estimate

The National Bank of Hungary on Tuesday said in a preliminary release of the main forecasts from its quarterly Inflation...

N. Macedonia’s real net wage rises in April

North Macedonia’s real net wage increased by 4.3% year-on-year in April, after growing by an annual 6.9% in March, the...

Bulgaria’s non-govʼt deposit growth speeds up, borrowing growth slows in May

Deposits of Bulgaria’s non-government sector rose by an annual 8.6% to BGN 86.3 billion (EUR 44.1 bln) at the end...

Diversified economy, deficit policies support Hungaryʼs rating, Moodyʼs says

Hungaryʼs (Baa3 stable) credit profile is supported by a diversified economy closely integrated into European supply chains, fiscal policies that...

ÁKK sells HUF 20 bln of 3-month T-bills at auction, as planned

The Government Debt Management Agency (ÁKK) sold HUF 20 billion of discount three-month T-bills at auction on Tuesday, in line...

Net FDI inflow into Montenegro rises in Jan-Apr

The net inflow of foreign direct investment (FDI) into Montenegro rose to EUR 180.7 million in the first four months...

EBRD boosting lending to businesses in Bosnia and Herzegovina

The European Bank for Reconstruction and Development (EBRD) has announced it is providing a EUR 5 million loan to Partner...