Finance

MNB

MNB reduces inflation forecast

The National Bank of Hungary (MNB) reduced its inflation forecast for both 2014 and 2015, the main figures released on...

MNB

MNB leaves interest rate unchanged at 2.1%

Hungary’s main interest rate remains unchanged at a record low of 2.1% after yesterday's rate-setters meeting, and the MNB substantially...

MNB

Forint down on flight from emerging assets

The forint was trading at 313.33 to the euro late Tuesday on the interbank forex market, down from 309.14 late...

Debt

ÁKK sells HUF 20 bln of three-month T-bills, as planned

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

Banking

Hungarian Chamber of Agriculture warns against farmland taxes

The Hungarian Chamber of Agriculture (NAK) disagreed with a proposed tax on farmland in any form, MTI news agency reported...

MNB

Economic calendar for the week

It is expected to be a slow week for domestic economy figures. The Central Statistics Office (KSH) will reveal its...

MNB

MNB: Just 162 new exchange rate cap contracts signed

Lenders signed just 162 exchange rate cap contracts with foreign currency mortgage loan holders in October 2014, bringing the number...

Debt

ÁKK sells HUF 52 bln of bonds at auction, as planned

The Government Debt Management Agency (ÁKK) sold a combined HUF 52 bln of bonds at auction on Thursday, in line...

Banking

Report: Budget gap to reach 2.7% of GDP in 2015

The Fiscal Responsibility Institute (KFI) expects Hungary's general government deficit to reach 2.7% of GDP next year, based on an...

Debt

ÁKK buys back HUF 7.1 bln of bonds at reverse auction

The Government Debt Management Agency (ÁKK) bought back HUF 7.1 bln of three bonds before maturity at a reverse auction...

Debt

ÁKK sells HUF 20 bln of three-month T-bills, as planned

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

MNB

Ministry: Széchenyi Bank majority owner to be blamed

The state of Hungary learned only after it took a 49% minority stake in the bank in June 2013 that...

Debt

ÁKK raises offer for floater; cuts sale of twelve-month bills

The Government Debt Management Agency (ÁKK) sold HUF 50 bln in securities at an auction on Thursday, as planned, selling...

Debt

ÁKK buys back HUF 6.8 bln in bonds at reverse auction

The Government Debt Management Agency (ÁKK) bought back HUF 6.8 bln in two bonds before maturity at a reverse auction...

MNB

EC: Hungary’s economic growth attributed to short-term stimulus measures

Although Hungary’s economy was the fastest growing in the EU in Q2 2014, it was partly due to “the substantially...

MNB

MNB reduces inflation forecast

The National Bank of Hungary (MNB) reduced its inflation forecast for both 2014 and 2015, the main figures released on...

MNB

MNB leaves interest rate unchanged at 2.1%

Hungary’s main interest rate remains unchanged at a record low of 2.1% after yesterday's rate-setters meeting, and the MNB substantially...

MNB

Forint down on flight from emerging assets

The forint was trading at 313.33 to the euro late Tuesday on the interbank forex market, down from 309.14 late...

Debt

ÁKK sells HUF 20 bln of three-month T-bills, as planned

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

Banking

Hungarian Chamber of Agriculture warns against farmland taxes

The Hungarian Chamber of Agriculture (NAK) disagreed with a proposed tax on farmland in any form, MTI news agency reported...

MNB

Economic calendar for the week

It is expected to be a slow week for domestic economy figures. The Central Statistics Office (KSH) will reveal its...

MNB

MNB: Just 162 new exchange rate cap contracts signed

Lenders signed just 162 exchange rate cap contracts with foreign currency mortgage loan holders in October 2014, bringing the number...

Debt

ÁKK sells HUF 52 bln of bonds at auction, as planned

The Government Debt Management Agency (ÁKK) sold a combined HUF 52 bln of bonds at auction on Thursday, in line...

Banking

Report: Budget gap to reach 2.7% of GDP in 2015

The Fiscal Responsibility Institute (KFI) expects Hungary's general government deficit to reach 2.7% of GDP next year, based on an...

Debt

ÁKK buys back HUF 7.1 bln of bonds at reverse auction

The Government Debt Management Agency (ÁKK) bought back HUF 7.1 bln of three bonds before maturity at a reverse auction...

Debt

ÁKK sells HUF 20 bln of three-month T-bills, as planned

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

MNB

Ministry: Széchenyi Bank majority owner to be blamed

The state of Hungary learned only after it took a 49% minority stake in the bank in June 2013 that...

Debt

ÁKK raises offer for floater; cuts sale of twelve-month bills

The Government Debt Management Agency (ÁKK) sold HUF 50 bln in securities at an auction on Thursday, as planned, selling...

Debt

ÁKK buys back HUF 6.8 bln in bonds at reverse auction

The Government Debt Management Agency (ÁKK) bought back HUF 6.8 bln in two bonds before maturity at a reverse auction...

MNB

EC: Hungary’s economic growth attributed to short-term stimulus measures

Although Hungary’s economy was the fastest growing in the EU in Q2 2014, it was partly due to “the substantially...

MNB reduces inflation forecast

The National Bank of Hungary (MNB) reduced its inflation forecast for both 2014 and 2015, the main figures released on...

MNB leaves interest rate unchanged at 2.1%

Hungary’s main interest rate remains unchanged at a record low of 2.1% after yesterday's rate-setters meeting, and the MNB substantially...

Forint down on flight from emerging assets

The forint was trading at 313.33 to the euro late Tuesday on the interbank forex market, down from 309.14 late...

ÁKK sells HUF 20 bln of three-month T-bills, as planned

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

Hungarian Chamber of Agriculture warns against farmland taxes

The Hungarian Chamber of Agriculture (NAK) disagreed with a proposed tax on farmland in any form, MTI news agency reported...

Economic calendar for the week

It is expected to be a slow week for domestic economy figures. The Central Statistics Office (KSH) will reveal its...

MNB: Just 162 new exchange rate cap contracts signed

Lenders signed just 162 exchange rate cap contracts with foreign currency mortgage loan holders in October 2014, bringing the number...

ÁKK sells HUF 52 bln of bonds at auction, as planned

The Government Debt Management Agency (ÁKK) sold a combined HUF 52 bln of bonds at auction on Thursday, in line...

Report: Budget gap to reach 2.7% of GDP in 2015

The Fiscal Responsibility Institute (KFI) expects Hungary's general government deficit to reach 2.7% of GDP next year, based on an...

ÁKK buys back HUF 7.1 bln of bonds at reverse auction

The Government Debt Management Agency (ÁKK) bought back HUF 7.1 bln of three bonds before maturity at a reverse auction...

ÁKK sells HUF 20 bln of three-month T-bills, as planned

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

Ministry: Széchenyi Bank majority owner to be blamed

The state of Hungary learned only after it took a 49% minority stake in the bank in June 2013 that...

ÁKK raises offer for floater; cuts sale of twelve-month bills

The Government Debt Management Agency (ÁKK) sold HUF 50 bln in securities at an auction on Thursday, as planned, selling...

ÁKK buys back HUF 6.8 bln in bonds at reverse auction

The Government Debt Management Agency (ÁKK) bought back HUF 6.8 bln in two bonds before maturity at a reverse auction...

EC: Hungary’s economic growth attributed to short-term stimulus measures

Although Hungary’s economy was the fastest growing in the EU in Q2 2014, it was partly due to “the substantially...