Finance

MNB

Lockdown bites into Wabererʼs Q1 revenue

First-quarter revenue of listed Hungarian logistics company Wabererʼs fell 4.6% year-on-year to EUR 173.8 million because of lockdowns to contain...

MNB

Trade surplus at EUR 436 mln in March

In EUR terms, the value of exports fell by 7.3%, while that of imports by 5.5% in March 2020, compared...

Ratings

Tie Strings Loosened on Deficit Target

Apparently wedded to the idea of a “V”-shaped crisis, the government has updated its EU Convergence Program, stating that this...

MNB

Serbia to start paying compensation this week, minister says

Serbia’s government plans to start the payment of three minimum monthly salaries to employees of micro-, small- and medium-sized enterprises...

MNB

EIB lends EUR 30 mln to Erste Bank Montenegro for SMEs

The European Investment Bank and Erste Bank Montenegro have signed a EUR 30 million loan agreement to support companies in...

Debt

MNB Bond Funding for Growth Scheme purchases climb over HUF 215 bln

The National Bank of Hungary (MNB) has so far purchased HUF 215.2 billion of corporate bonds in the framework of...

Ratings

S&P downgrades outlook on Serbia to ʼstableʼ

S&P Global Ratings has changed Serbia’s sovereign credit rating outlook to stable from positive and affirmed the debt grade at...

Debt

ÁKK sells HUF 52.5 bln of bonds at auction, over plan

The Government Debt Management Agency (ÁKK) sold HUF 52.5 billion of bonds at auction on Thursday, raising its original offer...

Ratings

S&P changes outlook on Hungary rating to stable from positive

S&P Global Ratings on Tuesday affirmed Hungaryʼs "BBB" sovereign rating but changed the outlook to stable from positive because of...

MNB

EC clears EUR 1.55 bln Hungarian guarantee scheme for hard-hit companies

The European Commission approved a EUR 1.55 billion guarantee scheme to support companies negatively impacted by the coronavirus pandemic, according...

Ratings

Fitch Ratings revises Bulgaria’s outlook to stable

Fitch Ratings says it has re-affirmed Bulgaria’s sovereign long-term foreign and local currency Issuer Default Ratings at "BBB", but downgraded...

Ratings

Moody’s revises Romania’s outlook to negative

Moody’s Investors Service said it has changed the outlook on Romania to negative from stable while affirming the "Baa3" foreign...

Debt

Hungary issues EUR 2 bln of eurobonds as pandemic expenditures grow

Hungaryʼs government issued a six-year EUR 1 billion eurobond and a 12-year EUR 1 bln eurobond yesterday to secure financing...

Debt

ÁKK sells HUF 57 bln of bonds at auction, HUF 12 bln over plan

The Government Debt Management Agency (ÁKK) sold HUF 57 billion of bonds at auction on Thursday, HUF 12 bln more...

MNB

ÁKK cuts retail sales, raises HUF and FX bond issues in updated 2020 financing plan

Hungaryʼs Government Debt Management Agency (ÁKK) has cut its retail securities sales projection by more than a fifth while raised...

MNB

Lockdown bites into Wabererʼs Q1 revenue

First-quarter revenue of listed Hungarian logistics company Wabererʼs fell 4.6% year-on-year to EUR 173.8 million because of lockdowns to contain...

MNB

Trade surplus at EUR 436 mln in March

In EUR terms, the value of exports fell by 7.3%, while that of imports by 5.5% in March 2020, compared...

Ratings

Tie Strings Loosened on Deficit Target

Apparently wedded to the idea of a “V”-shaped crisis, the government has updated its EU Convergence Program, stating that this...

MNB

Serbia to start paying compensation this week, minister says

Serbia’s government plans to start the payment of three minimum monthly salaries to employees of micro-, small- and medium-sized enterprises...

MNB

EIB lends EUR 30 mln to Erste Bank Montenegro for SMEs

The European Investment Bank and Erste Bank Montenegro have signed a EUR 30 million loan agreement to support companies in...

Debt

MNB Bond Funding for Growth Scheme purchases climb over HUF 215 bln

The National Bank of Hungary (MNB) has so far purchased HUF 215.2 billion of corporate bonds in the framework of...

Ratings

S&P downgrades outlook on Serbia to ʼstableʼ

S&P Global Ratings has changed Serbia’s sovereign credit rating outlook to stable from positive and affirmed the debt grade at...

Debt

ÁKK sells HUF 52.5 bln of bonds at auction, over plan

The Government Debt Management Agency (ÁKK) sold HUF 52.5 billion of bonds at auction on Thursday, raising its original offer...

Ratings

S&P changes outlook on Hungary rating to stable from positive

S&P Global Ratings on Tuesday affirmed Hungaryʼs "BBB" sovereign rating but changed the outlook to stable from positive because of...

MNB

EC clears EUR 1.55 bln Hungarian guarantee scheme for hard-hit companies

The European Commission approved a EUR 1.55 billion guarantee scheme to support companies negatively impacted by the coronavirus pandemic, according...

Ratings

Fitch Ratings revises Bulgaria’s outlook to stable

Fitch Ratings says it has re-affirmed Bulgaria’s sovereign long-term foreign and local currency Issuer Default Ratings at "BBB", but downgraded...

Ratings

Moody’s revises Romania’s outlook to negative

Moody’s Investors Service said it has changed the outlook on Romania to negative from stable while affirming the "Baa3" foreign...

Debt

Hungary issues EUR 2 bln of eurobonds as pandemic expenditures grow

Hungaryʼs government issued a six-year EUR 1 billion eurobond and a 12-year EUR 1 bln eurobond yesterday to secure financing...

Debt

ÁKK sells HUF 57 bln of bonds at auction, HUF 12 bln over plan

The Government Debt Management Agency (ÁKK) sold HUF 57 billion of bonds at auction on Thursday, HUF 12 bln more...

MNB

ÁKK cuts retail sales, raises HUF and FX bond issues in updated 2020 financing plan

Hungaryʼs Government Debt Management Agency (ÁKK) has cut its retail securities sales projection by more than a fifth while raised...

Lockdown bites into Wabererʼs Q1 revenue

First-quarter revenue of listed Hungarian logistics company Wabererʼs fell 4.6% year-on-year to EUR 173.8 million because of lockdowns to contain...

Trade surplus at EUR 436 mln in March

In EUR terms, the value of exports fell by 7.3%, while that of imports by 5.5% in March 2020, compared...

Tie Strings Loosened on Deficit Target

Apparently wedded to the idea of a “V”-shaped crisis, the government has updated its EU Convergence Program, stating that this...

Serbia to start paying compensation this week, minister says

Serbia’s government plans to start the payment of three minimum monthly salaries to employees of micro-, small- and medium-sized enterprises...

EIB lends EUR 30 mln to Erste Bank Montenegro for SMEs

The European Investment Bank and Erste Bank Montenegro have signed a EUR 30 million loan agreement to support companies in...

MNB Bond Funding for Growth Scheme purchases climb over HUF 215 bln

The National Bank of Hungary (MNB) has so far purchased HUF 215.2 billion of corporate bonds in the framework of...

S&P downgrades outlook on Serbia to ʼstableʼ

S&P Global Ratings has changed Serbia’s sovereign credit rating outlook to stable from positive and affirmed the debt grade at...

ÁKK sells HUF 52.5 bln of bonds at auction, over plan

The Government Debt Management Agency (ÁKK) sold HUF 52.5 billion of bonds at auction on Thursday, raising its original offer...

S&P changes outlook on Hungary rating to stable from positive

S&P Global Ratings on Tuesday affirmed Hungaryʼs "BBB" sovereign rating but changed the outlook to stable from positive because of...

EC clears EUR 1.55 bln Hungarian guarantee scheme for hard-hit companies

The European Commission approved a EUR 1.55 billion guarantee scheme to support companies negatively impacted by the coronavirus pandemic, according...

Fitch Ratings revises Bulgaria’s outlook to stable

Fitch Ratings says it has re-affirmed Bulgaria’s sovereign long-term foreign and local currency Issuer Default Ratings at "BBB", but downgraded...

Moody’s revises Romania’s outlook to negative

Moody’s Investors Service said it has changed the outlook on Romania to negative from stable while affirming the "Baa3" foreign...

Hungary issues EUR 2 bln of eurobonds as pandemic expenditures grow

Hungaryʼs government issued a six-year EUR 1 billion eurobond and a 12-year EUR 1 bln eurobond yesterday to secure financing...

ÁKK sells HUF 57 bln of bonds at auction, HUF 12 bln over plan

The Government Debt Management Agency (ÁKK) sold HUF 57 billion of bonds at auction on Thursday, HUF 12 bln more...

ÁKK cuts retail sales, raises HUF and FX bond issues in updated 2020 financing plan

Hungaryʼs Government Debt Management Agency (ÁKK) has cut its retail securities sales projection by more than a fifth while raised...