Finance

MNB

EC sees deficit remaining under 3% threshold

The European Commission projected Hungary's central budget deficit will remain under the threshold of 3% of the GDP in the...

MNB

Varga: No decision on FX conversion yet

Hungary’s Economy Minister Mihály Varga said late yesterday that no decision has been made on the exchange rate at which...

MNB

Demand remains low at MNB’s tender for FX loan refunds

The National Bank of Hungary (MNB) allotted banks only €13 mln of FX liquidity on Monday in the fourth round...

Banking

Economy Ministry withdraws internet tax, for now

The Economy Ministry said Friday afternoon that it had initiated the withdrawal of the proposed internet tax with the chairman...

MNB

MNB: Retail lending stock falls on firmer forint

Hungarian banks retail lending stock fell in September as the stronger forint reduced the value of foreign currency-denominated loans, a...

Banking

Orbán delays internet tax, plans public input

Prime Minister Viktor Orbán said today in his regular fortnightly radio interview that the proposed internet tax “cannot be introduced...

MNB

Forint up on auction results

The forint was trading at 308.31 to the euro late Thursday on the interbank forex market, up from 309.53 late...

Banking

Report: Nine tax increases expected in 2015

While the final vote on the tax package in Parliament is set for November 18, a portfolio.hu report calculates that...

Debt

ÁKK sells more than planned 5- and 15-year bonds at auction

Unlike the recent short-term auctions, demand was strong at the Government Debt Management Agency's (ÁKK) bond auction on Thursday. ÁKK...

MNB

Forint down after bond buy-back

The forint was trading at 309.32 to the euro late Wednesday on the interbank forex market, down from 308.91 late...

Debt

Demand for early buyback high, yields up at reverse auction

The Government Debt Management Agency (ÁKK) bought back HUF 72.0 bln of the HUF 85.7 bln bids it received for...

Banking

Tax authority rejects corruption charges

The National Tax and Customs Administration of Hungary (NAV) rejected corruption allegations that recently surfaced against its officials, in a...

MNB

MNB to extend Funding for Growth Scheme until end-2015

The National Bank of Hungary's (MNB) Monetary Council decided on Tuesday to extend the Funding for Growth Scheme until the...

Banking

Gov’t not to back away from internet tax

Fidesz MP Szilárd Németh, who is responsible for utility fee cuts, said today on Hungarian commercial television channel ATV that...

Banking

EC: Internet tax ‘bad direction’

Hungary is behind the EU average concerning digital penetration and levying a tax on internet use would point to "a...

MNB

EC sees deficit remaining under 3% threshold

The European Commission projected Hungary's central budget deficit will remain under the threshold of 3% of the GDP in the...

MNB

Varga: No decision on FX conversion yet

Hungary’s Economy Minister Mihály Varga said late yesterday that no decision has been made on the exchange rate at which...

MNB

Demand remains low at MNB’s tender for FX loan refunds

The National Bank of Hungary (MNB) allotted banks only €13 mln of FX liquidity on Monday in the fourth round...

Banking

Economy Ministry withdraws internet tax, for now

The Economy Ministry said Friday afternoon that it had initiated the withdrawal of the proposed internet tax with the chairman...

MNB

MNB: Retail lending stock falls on firmer forint

Hungarian banks retail lending stock fell in September as the stronger forint reduced the value of foreign currency-denominated loans, a...

Banking

Orbán delays internet tax, plans public input

Prime Minister Viktor Orbán said today in his regular fortnightly radio interview that the proposed internet tax “cannot be introduced...

MNB

Forint up on auction results

The forint was trading at 308.31 to the euro late Thursday on the interbank forex market, up from 309.53 late...

Banking

Report: Nine tax increases expected in 2015

While the final vote on the tax package in Parliament is set for November 18, a portfolio.hu report calculates that...

Debt

ÁKK sells more than planned 5- and 15-year bonds at auction

Unlike the recent short-term auctions, demand was strong at the Government Debt Management Agency's (ÁKK) bond auction on Thursday. ÁKK...

MNB

Forint down after bond buy-back

The forint was trading at 309.32 to the euro late Wednesday on the interbank forex market, down from 308.91 late...

Debt

Demand for early buyback high, yields up at reverse auction

The Government Debt Management Agency (ÁKK) bought back HUF 72.0 bln of the HUF 85.7 bln bids it received for...

Banking

Tax authority rejects corruption charges

The National Tax and Customs Administration of Hungary (NAV) rejected corruption allegations that recently surfaced against its officials, in a...

MNB

MNB to extend Funding for Growth Scheme until end-2015

The National Bank of Hungary's (MNB) Monetary Council decided on Tuesday to extend the Funding for Growth Scheme until the...

Banking

Gov’t not to back away from internet tax

Fidesz MP Szilárd Németh, who is responsible for utility fee cuts, said today on Hungarian commercial television channel ATV that...

Banking

EC: Internet tax ‘bad direction’

Hungary is behind the EU average concerning digital penetration and levying a tax on internet use would point to "a...

EC sees deficit remaining under 3% threshold

The European Commission projected Hungary's central budget deficit will remain under the threshold of 3% of the GDP in the...

Varga: No decision on FX conversion yet

Hungary’s Economy Minister Mihály Varga said late yesterday that no decision has been made on the exchange rate at which...

Demand remains low at MNB’s tender for FX loan refunds

The National Bank of Hungary (MNB) allotted banks only €13 mln of FX liquidity on Monday in the fourth round...

Economy Ministry withdraws internet tax, for now

The Economy Ministry said Friday afternoon that it had initiated the withdrawal of the proposed internet tax with the chairman...

MNB: Retail lending stock falls on firmer forint

Hungarian banks retail lending stock fell in September as the stronger forint reduced the value of foreign currency-denominated loans, a...

Orbán delays internet tax, plans public input

Prime Minister Viktor Orbán said today in his regular fortnightly radio interview that the proposed internet tax “cannot be introduced...

Forint up on auction results

The forint was trading at 308.31 to the euro late Thursday on the interbank forex market, up from 309.53 late...

Report: Nine tax increases expected in 2015

While the final vote on the tax package in Parliament is set for November 18, a portfolio.hu report calculates that...

ÁKK sells more than planned 5- and 15-year bonds at auction

Unlike the recent short-term auctions, demand was strong at the Government Debt Management Agency's (ÁKK) bond auction on Thursday. ÁKK...

Forint down after bond buy-back

The forint was trading at 309.32 to the euro late Wednesday on the interbank forex market, down from 308.91 late...

Demand for early buyback high, yields up at reverse auction

The Government Debt Management Agency (ÁKK) bought back HUF 72.0 bln of the HUF 85.7 bln bids it received for...

Tax authority rejects corruption charges

The National Tax and Customs Administration of Hungary (NAV) rejected corruption allegations that recently surfaced against its officials, in a...

MNB to extend Funding for Growth Scheme until end-2015

The National Bank of Hungary's (MNB) Monetary Council decided on Tuesday to extend the Funding for Growth Scheme until the...

Gov’t not to back away from internet tax

Fidesz MP Szilárd Németh, who is responsible for utility fee cuts, said today on Hungarian commercial television channel ATV that...

EC: Internet tax ‘bad direction’

Hungary is behind the EU average concerning digital penetration and levying a tax on internet use would point to "a...