Finance

Ratings

S&P affirms Albania at ʼB+ʼ, outlook stable

Ratings agency Standard & Poor’s has affirmed its sovereign credit rating on Albania at "B+", with a stable outlook, the...

MNB

Romania central bank FX reserves rise in Jan

The foreign exchange (FX) reserves held by the National Bank of Romania (BNR), excluding gold, totaled EUR 35.5 billion at...

Debt

ÁKK sells planned HUF 30 bln of 3-month bills, yield rises

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

MNB

Minimum wage in Hungary lowest in V4

The gross minimum wage in Hungary amounted to EUR 487 in January 2020, less than the minimum wage in other...

Ratings

Fitch upgrades Lithuania’s rating to ‘A’

Fitch Ratings agency on Friday upgraded Lithuania’s sovereign credit rating to "A" from "A-" and assigned a stable outlook, citing...

MNB

Graphisoft seeks clearance for EUR 33 mln structured share repurchase

Graphisoft Park, a listed company that owns and operates a business park in the north of Budapest, has called a...

Debt

ÁKK sells HUF 80 bln of bonds, HUF 25 bln over plan

The Government Debt Management Agency (ÁKK) sold HUF 80 billion of bonds at auction on Thursday, raising its original offer...

MNB

Central Bank Holds to its Currency Course

Although the forint hit all-time lows in the past few weeks, the central bank has not intervened in order to...

MNB

Dollar bond buyback had no ʼtangibleʼ effect on exchange rates

The governmentʼs repurchase before maturity of USD 1bn in dollar bonds had a negligible impact on exchange rates, Gergely Gulyas,...

MNB

Montenegro real net wage edges up in 2019

Montenegro’s real net earnings without taxes and contributions rose by 0.4% in 2019 to EUR 515 after declining by 2.3%...

MNB

MNB keeps base rate unchanged

The National Bank of Hungary (MNB) decided to keep the policy rate at 0.9% and the O/N deposit rate at...

Debt

Hungary buys back USD 1 bln of dollar bonds

Hungary has bought back USD 1 billion of high-yield FX bonds, saving the state HUF 42.7 bln in debt servicing...

MNB

Student loan limit may rise from HUF 70,000 per month

Increased spending by higher education students justifies raising the maximum amount of the free so-called Student Loan1, writes economic daily...

MNB

Mortgage modification campaign off to sputtering start

About 2,000 borrowers have responded to a campaign organized by the National Bank of Hungary (MNB) and the Hungarian Banking...

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

S&P affirms Albania at ʼB+ʼ, outlook stable

Ratings agency Standard & Poor’s has affirmed its sovereign credit rating on Albania at "B+", with a stable outlook, the...

MNB

Romania central bank FX reserves rise in Jan

The foreign exchange (FX) reserves held by the National Bank of Romania (BNR), excluding gold, totaled EUR 35.5 billion at...

Debt

ÁKK sells planned HUF 30 bln of 3-month bills, yield rises

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

MNB

Minimum wage in Hungary lowest in V4

The gross minimum wage in Hungary amounted to EUR 487 in January 2020, less than the minimum wage in other...

Ratings

Fitch upgrades Lithuania’s rating to ‘A’

Fitch Ratings agency on Friday upgraded Lithuania’s sovereign credit rating to "A" from "A-" and assigned a stable outlook, citing...

MNB

Graphisoft seeks clearance for EUR 33 mln structured share repurchase

Graphisoft Park, a listed company that owns and operates a business park in the north of Budapest, has called a...

Debt

ÁKK sells HUF 80 bln of bonds, HUF 25 bln over plan

The Government Debt Management Agency (ÁKK) sold HUF 80 billion of bonds at auction on Thursday, raising its original offer...

MNB

Central Bank Holds to its Currency Course

Although the forint hit all-time lows in the past few weeks, the central bank has not intervened in order to...

MNB

Dollar bond buyback had no ʼtangibleʼ effect on exchange rates

The governmentʼs repurchase before maturity of USD 1bn in dollar bonds had a negligible impact on exchange rates, Gergely Gulyas,...

MNB

Montenegro real net wage edges up in 2019

Montenegro’s real net earnings without taxes and contributions rose by 0.4% in 2019 to EUR 515 after declining by 2.3%...

MNB

MNB keeps base rate unchanged

The National Bank of Hungary (MNB) decided to keep the policy rate at 0.9% and the O/N deposit rate at...

Debt

Hungary buys back USD 1 bln of dollar bonds

Hungary has bought back USD 1 billion of high-yield FX bonds, saving the state HUF 42.7 bln in debt servicing...

MNB

Student loan limit may rise from HUF 70,000 per month

Increased spending by higher education students justifies raising the maximum amount of the free so-called Student Loan1, writes economic daily...

MNB

Mortgage modification campaign off to sputtering start

About 2,000 borrowers have responded to a campaign organized by the National Bank of Hungary (MNB) and the Hungarian Banking...

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...

S&P affirms Albania at ʼB+ʼ, outlook stable

Ratings agency Standard & Poor’s has affirmed its sovereign credit rating on Albania at "B+", with a stable outlook, the...

Romania central bank FX reserves rise in Jan

The foreign exchange (FX) reserves held by the National Bank of Romania (BNR), excluding gold, totaled EUR 35.5 billion at...

ÁKK sells planned HUF 30 bln of 3-month bills, yield rises

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

Minimum wage in Hungary lowest in V4

The gross minimum wage in Hungary amounted to EUR 487 in January 2020, less than the minimum wage in other...

Fitch upgrades Lithuania’s rating to ‘A’

Fitch Ratings agency on Friday upgraded Lithuania’s sovereign credit rating to "A" from "A-" and assigned a stable outlook, citing...

Graphisoft seeks clearance for EUR 33 mln structured share repurchase

Graphisoft Park, a listed company that owns and operates a business park in the north of Budapest, has called a...

ÁKK sells HUF 80 bln of bonds, HUF 25 bln over plan

The Government Debt Management Agency (ÁKK) sold HUF 80 billion of bonds at auction on Thursday, raising its original offer...

Central Bank Holds to its Currency Course

Although the forint hit all-time lows in the past few weeks, the central bank has not intervened in order to...

Dollar bond buyback had no ʼtangibleʼ effect on exchange rates

The governmentʼs repurchase before maturity of USD 1bn in dollar bonds had a negligible impact on exchange rates, Gergely Gulyas,...

Montenegro real net wage edges up in 2019

Montenegro’s real net earnings without taxes and contributions rose by 0.4% in 2019 to EUR 515 after declining by 2.3%...

MNB keeps base rate unchanged

The National Bank of Hungary (MNB) decided to keep the policy rate at 0.9% and the O/N deposit rate at...

Hungary buys back USD 1 bln of dollar bonds

Hungary has bought back USD 1 billion of high-yield FX bonds, saving the state HUF 42.7 bln in debt servicing...

Student loan limit may rise from HUF 70,000 per month

Increased spending by higher education students justifies raising the maximum amount of the free so-called Student Loan1, writes economic daily...

Mortgage modification campaign off to sputtering start

About 2,000 borrowers have responded to a campaign organized by the National Bank of Hungary (MNB) and the Hungarian Banking...

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...