Finance

MNB

MNB fines KDB Bank HUF 20.75 mln

The National Bank of Hungary (MNB) on Friday said it fined KDB Bank a combined HUF 20.75 million over shortcomings...

Banking

Banks Face Financial Burden While FinTechs Stay Exempt

The Hungarian banking sector is still subject to a sectoral tax. While local banks are doing much better today than...

MNB

Coronavirus a Further Threat to Weakening Forint

Although analysts had forecast a further weakening of the forint for 2020, the rate at which the Hungarian currency depreciated...

MNB

Albania average gross wage growth slows in Q4

Albania’s average gross monthly wage increased 2.2% year-on-year to ALL 53,458 (EUR 431) in the fourth quarter, after rising 3.7%...

Debt

ÁKK sells just HUF 17 bln of bonds, scrapping 10-, 20-year sales

The Government Debt Management Agency (ÁKK) scrapped planned sales of 10- and 20-year bonds at auction on Thursday because of...

Debt

Daimler Hungary unit raises over HUF 40 bln from BGS bond sale

Mercedes-Benz Manufacturing, the Hungarian unit of German automotive industry giant Daimler, raised HUF 40.3 billion in proceeds from the sale...

Debt

ÁKK buys back HUF 14.35 bln of bonds early at reverse auction

The Government Debt Management Agency (ÁKK) bought back a combined HUF 14.35 billion of bonds expiring in 2021 before maturity...

MNB

Wingholding announces EUR 100 mln 2020-2021 bond program

Hungarian property developer Wingholding on Monday published the prospectus for a EUR 100 million bond program for 2020-2021, state news...

MNB

Trade surplus at EUR 433 mln in January

In EUR terms, the value of exports increased by 2.8% and that of imports by 2.4% in January 2020 compared...

Debt

ÁKK sells HUF 30 bln of 3-month T-bills, as planned

The Government Debt Management Agency (ÁKK) sold HUF 30 billion of discount three-month T-bills at auction on Tuesday, in line...

Ratings

Moody’s revises Montenegro’s outlook to stable from positive

Moody’s Investors Service changed on Montenegro’s sovereign credit rating outlook to stable from positive and affirmed the debt grade at...

MNB

Net FDI inflow into Montenegro increases in 2019

The net inflow of foreign direct investment (FDI) into Montenegro rose to EUR 344.7 million (USD 383.9 million) in 2019,...

MNB

Bulgaria Q4 GDP growth revised down

Bulgaria’s economy advanced 3.1% year-on-year in the last quarter of 2019, below preliminary estimates of 3.5% and easing from a...

MNB

MNB intʼl reserves fall EUR 1.974 bln in Feb

The National Bank of Hungaryʼs (MNB) international reserves stood at EUR 24.871 billion at the end of February, down EUR...

Debt

ÁKK sells HUF 41.5 bln of securities at auction, over plan

The Government Debt Management Agency (ÁKK) sold a combined HUF 41.5 billion of securities at auction Thursday, HUF 6.5 bln...

MNB

MNB fines KDB Bank HUF 20.75 mln

The National Bank of Hungary (MNB) on Friday said it fined KDB Bank a combined HUF 20.75 million over shortcomings...

Banking

Banks Face Financial Burden While FinTechs Stay Exempt

The Hungarian banking sector is still subject to a sectoral tax. While local banks are doing much better today than...

MNB

Coronavirus a Further Threat to Weakening Forint

Although analysts had forecast a further weakening of the forint for 2020, the rate at which the Hungarian currency depreciated...

MNB

Albania average gross wage growth slows in Q4

Albania’s average gross monthly wage increased 2.2% year-on-year to ALL 53,458 (EUR 431) in the fourth quarter, after rising 3.7%...

Debt

ÁKK sells just HUF 17 bln of bonds, scrapping 10-, 20-year sales

The Government Debt Management Agency (ÁKK) scrapped planned sales of 10- and 20-year bonds at auction on Thursday because of...

Debt

Daimler Hungary unit raises over HUF 40 bln from BGS bond sale

Mercedes-Benz Manufacturing, the Hungarian unit of German automotive industry giant Daimler, raised HUF 40.3 billion in proceeds from the sale...

Debt

ÁKK buys back HUF 14.35 bln of bonds early at reverse auction

The Government Debt Management Agency (ÁKK) bought back a combined HUF 14.35 billion of bonds expiring in 2021 before maturity...

MNB

Wingholding announces EUR 100 mln 2020-2021 bond program

Hungarian property developer Wingholding on Monday published the prospectus for a EUR 100 million bond program for 2020-2021, state news...

MNB

Trade surplus at EUR 433 mln in January

In EUR terms, the value of exports increased by 2.8% and that of imports by 2.4% in January 2020 compared...

Debt

ÁKK sells HUF 30 bln of 3-month T-bills, as planned

The Government Debt Management Agency (ÁKK) sold HUF 30 billion of discount three-month T-bills at auction on Tuesday, in line...

Ratings

Moody’s revises Montenegro’s outlook to stable from positive

Moody’s Investors Service changed on Montenegro’s sovereign credit rating outlook to stable from positive and affirmed the debt grade at...

MNB

Net FDI inflow into Montenegro increases in 2019

The net inflow of foreign direct investment (FDI) into Montenegro rose to EUR 344.7 million (USD 383.9 million) in 2019,...

MNB

Bulgaria Q4 GDP growth revised down

Bulgaria’s economy advanced 3.1% year-on-year in the last quarter of 2019, below preliminary estimates of 3.5% and easing from a...

MNB

MNB intʼl reserves fall EUR 1.974 bln in Feb

The National Bank of Hungaryʼs (MNB) international reserves stood at EUR 24.871 billion at the end of February, down EUR...

Debt

ÁKK sells HUF 41.5 bln of securities at auction, over plan

The Government Debt Management Agency (ÁKK) sold a combined HUF 41.5 billion of securities at auction Thursday, HUF 6.5 bln...

MNB fines KDB Bank HUF 20.75 mln

The National Bank of Hungary (MNB) on Friday said it fined KDB Bank a combined HUF 20.75 million over shortcomings...

Banks Face Financial Burden While FinTechs Stay Exempt

The Hungarian banking sector is still subject to a sectoral tax. While local banks are doing much better today than...

Coronavirus a Further Threat to Weakening Forint

Although analysts had forecast a further weakening of the forint for 2020, the rate at which the Hungarian currency depreciated...

Albania average gross wage growth slows in Q4

Albania’s average gross monthly wage increased 2.2% year-on-year to ALL 53,458 (EUR 431) in the fourth quarter, after rising 3.7%...

ÁKK sells just HUF 17 bln of bonds, scrapping 10-, 20-year sales

The Government Debt Management Agency (ÁKK) scrapped planned sales of 10- and 20-year bonds at auction on Thursday because of...

Daimler Hungary unit raises over HUF 40 bln from BGS bond sale

Mercedes-Benz Manufacturing, the Hungarian unit of German automotive industry giant Daimler, raised HUF 40.3 billion in proceeds from the sale...

ÁKK buys back HUF 14.35 bln of bonds early at reverse auction

The Government Debt Management Agency (ÁKK) bought back a combined HUF 14.35 billion of bonds expiring in 2021 before maturity...

Wingholding announces EUR 100 mln 2020-2021 bond program

Hungarian property developer Wingholding on Monday published the prospectus for a EUR 100 million bond program for 2020-2021, state news...

Trade surplus at EUR 433 mln in January

In EUR terms, the value of exports increased by 2.8% and that of imports by 2.4% in January 2020 compared...

ÁKK sells HUF 30 bln of 3-month T-bills, as planned

The Government Debt Management Agency (ÁKK) sold HUF 30 billion of discount three-month T-bills at auction on Tuesday, in line...

Moody’s revises Montenegro’s outlook to stable from positive

Moody’s Investors Service changed on Montenegro’s sovereign credit rating outlook to stable from positive and affirmed the debt grade at...

Net FDI inflow into Montenegro increases in 2019

The net inflow of foreign direct investment (FDI) into Montenegro rose to EUR 344.7 million (USD 383.9 million) in 2019,...

Bulgaria Q4 GDP growth revised down

Bulgaria’s economy advanced 3.1% year-on-year in the last quarter of 2019, below preliminary estimates of 3.5% and easing from a...

MNB intʼl reserves fall EUR 1.974 bln in Feb

The National Bank of Hungaryʼs (MNB) international reserves stood at EUR 24.871 billion at the end of February, down EUR...

ÁKK sells HUF 41.5 bln of securities at auction, over plan

The Government Debt Management Agency (ÁKK) sold a combined HUF 41.5 billion of securities at auction Thursday, HUF 6.5 bln...