Finance

MNB

MNB intʼl reserves rise EUR 1.335 bln in November

The National Bank of Hungaryʼs (MNB) international reserves stood at EUR 29.312 billion at the end of November, up EUR...

Ratings

IMF commends Hungary on growth, urges fiscal consolidation

International Monetary Fund (IMF) directors acknowledged Hungaryʼs strong economic growth and reduced external vulnerability, but urged continued fiscal consolidation in...

Debt

ÁKK sells HUF 40 bln of bonds at auction, more than planned

The Government Debt Management Agency (ÁKK) sold a combined HUF 40 billion of bonds at auction on Thursday, raising the...

Debt

ÁKK buys back HUF 31.69 bln of bonds early at reverse auction

The Government Debt Management Agency (ÁKK) bought back a combined HUF 31.69 billion of bonds expiring in 2021 before maturity...

Banking

Lawmakers restrict sales of e-cigs to state-run shops

The Parliament on Tuesday approved legislation limiting the sale of electronic cigarettes and e-cigarette cartridges to the state-run network of...

Banking

Healthcare free-riders to be filtered out

A new system of statutory free-riders will automatically be filtered out by the Ministry of Finance if Parliament approves the...

Debt

ÁKK sells HUF 15 bln of three-month T-bills, as planned

The Government Debt Management Agency (ÁKK) sold HUF 15 billion of discount three-month T-bills at auction on Tuesday, in line...

Debt

MNBʼs BGS purchases near HUF 138 bln

The National Bank of Hungary (MNB) has so far purchased HUF 137.9 billion of corporate bonds in the framework of...

Ratings

S&P raises Bulgaria’s rating to ‘BBB’

S&P Global Ratings upgraded Bulgaria’s sovereign credit rating to ‘BBB’ from ‘BBB-’ and assigned a positive outlook. The agency cited...

MNB

Slovenia’s central bank urged to reconsider lending restrictions

Slovenia’s parliamentary Finance Committee has urged the central bank to reconsider the recently imposed curbs on consumer lending, which it...

MNB

Surplus in trade of services reaches EUR 2.704 bln in Q3

Hungaryʼs surplus in trade of services reached EUR 2.704 billion in the third quarter, Hungarian news agency MTI reports, citing...

Banking

Should you use a Holding Company?

Regular corporate finance columnist Les Nemethy looks into when it might make sense to set up a holding company....

Debt

ÁKK sells HUF 15 bln of 12-month T-bills, as planned

The Government Debt Management Agency (ÁKK) sold HUF 15 billion of discount 12-month T-bills at auction on Thursday, in line...

Debt

ÁKK sells HUF 40 bln of bonds at switch auction

The Government Debt Management Agency (ÁKK) sold HUF 40 billion of bonds maturing in 2026 and 2031, accepting ones expiring...

Ratings

CIB bank forecasts GDP growth to slow from 4.8% in 2019

Analysts for Italian-owned CIB Bank project Hungaryʼs GDP will grow by around 4.8% this year before growth slows to 3-3.5%...

MNB

MNB intʼl reserves rise EUR 1.335 bln in November

The National Bank of Hungaryʼs (MNB) international reserves stood at EUR 29.312 billion at the end of November, up EUR...

Ratings

IMF commends Hungary on growth, urges fiscal consolidation

International Monetary Fund (IMF) directors acknowledged Hungaryʼs strong economic growth and reduced external vulnerability, but urged continued fiscal consolidation in...

Debt

ÁKK sells HUF 40 bln of bonds at auction, more than planned

The Government Debt Management Agency (ÁKK) sold a combined HUF 40 billion of bonds at auction on Thursday, raising the...

Debt

ÁKK buys back HUF 31.69 bln of bonds early at reverse auction

The Government Debt Management Agency (ÁKK) bought back a combined HUF 31.69 billion of bonds expiring in 2021 before maturity...

Banking

Lawmakers restrict sales of e-cigs to state-run shops

The Parliament on Tuesday approved legislation limiting the sale of electronic cigarettes and e-cigarette cartridges to the state-run network of...

Banking

Healthcare free-riders to be filtered out

A new system of statutory free-riders will automatically be filtered out by the Ministry of Finance if Parliament approves the...

Debt

ÁKK sells HUF 15 bln of three-month T-bills, as planned

The Government Debt Management Agency (ÁKK) sold HUF 15 billion of discount three-month T-bills at auction on Tuesday, in line...

Debt

MNBʼs BGS purchases near HUF 138 bln

The National Bank of Hungary (MNB) has so far purchased HUF 137.9 billion of corporate bonds in the framework of...

Ratings

S&P raises Bulgaria’s rating to ‘BBB’

S&P Global Ratings upgraded Bulgaria’s sovereign credit rating to ‘BBB’ from ‘BBB-’ and assigned a positive outlook. The agency cited...

MNB

Slovenia’s central bank urged to reconsider lending restrictions

Slovenia’s parliamentary Finance Committee has urged the central bank to reconsider the recently imposed curbs on consumer lending, which it...

MNB

Surplus in trade of services reaches EUR 2.704 bln in Q3

Hungaryʼs surplus in trade of services reached EUR 2.704 billion in the third quarter, Hungarian news agency MTI reports, citing...

Banking

Should you use a Holding Company?

Regular corporate finance columnist Les Nemethy looks into when it might make sense to set up a holding company....

Debt

ÁKK sells HUF 15 bln of 12-month T-bills, as planned

The Government Debt Management Agency (ÁKK) sold HUF 15 billion of discount 12-month T-bills at auction on Thursday, in line...

Debt

ÁKK sells HUF 40 bln of bonds at switch auction

The Government Debt Management Agency (ÁKK) sold HUF 40 billion of bonds maturing in 2026 and 2031, accepting ones expiring...

Ratings

CIB bank forecasts GDP growth to slow from 4.8% in 2019

Analysts for Italian-owned CIB Bank project Hungaryʼs GDP will grow by around 4.8% this year before growth slows to 3-3.5%...

MNB intʼl reserves rise EUR 1.335 bln in November

The National Bank of Hungaryʼs (MNB) international reserves stood at EUR 29.312 billion at the end of November, up EUR...

IMF commends Hungary on growth, urges fiscal consolidation

International Monetary Fund (IMF) directors acknowledged Hungaryʼs strong economic growth and reduced external vulnerability, but urged continued fiscal consolidation in...

ÁKK sells HUF 40 bln of bonds at auction, more than planned

The Government Debt Management Agency (ÁKK) sold a combined HUF 40 billion of bonds at auction on Thursday, raising the...

ÁKK buys back HUF 31.69 bln of bonds early at reverse auction

The Government Debt Management Agency (ÁKK) bought back a combined HUF 31.69 billion of bonds expiring in 2021 before maturity...

Lawmakers restrict sales of e-cigs to state-run shops

The Parliament on Tuesday approved legislation limiting the sale of electronic cigarettes and e-cigarette cartridges to the state-run network of...

Healthcare free-riders to be filtered out

A new system of statutory free-riders will automatically be filtered out by the Ministry of Finance if Parliament approves the...

ÁKK sells HUF 15 bln of three-month T-bills, as planned

The Government Debt Management Agency (ÁKK) sold HUF 15 billion of discount three-month T-bills at auction on Tuesday, in line...

MNBʼs BGS purchases near HUF 138 bln

The National Bank of Hungary (MNB) has so far purchased HUF 137.9 billion of corporate bonds in the framework of...

S&P raises Bulgaria’s rating to ‘BBB’

S&P Global Ratings upgraded Bulgaria’s sovereign credit rating to ‘BBB’ from ‘BBB-’ and assigned a positive outlook. The agency cited...

Slovenia’s central bank urged to reconsider lending restrictions

Slovenia’s parliamentary Finance Committee has urged the central bank to reconsider the recently imposed curbs on consumer lending, which it...

Surplus in trade of services reaches EUR 2.704 bln in Q3

Hungaryʼs surplus in trade of services reached EUR 2.704 billion in the third quarter, Hungarian news agency MTI reports, citing...

Should you use a Holding Company?

Regular corporate finance columnist Les Nemethy looks into when it might make sense to set up a holding company....

ÁKK sells HUF 15 bln of 12-month T-bills, as planned

The Government Debt Management Agency (ÁKK) sold HUF 15 billion of discount 12-month T-bills at auction on Thursday, in line...

ÁKK sells HUF 40 bln of bonds at switch auction

The Government Debt Management Agency (ÁKK) sold HUF 40 billion of bonds maturing in 2026 and 2031, accepting ones expiring...

CIB bank forecasts GDP growth to slow from 4.8% in 2019

Analysts for Italian-owned CIB Bank project Hungaryʼs GDP will grow by around 4.8% this year before growth slows to 3-3.5%...