Finance

MNB

Money provided but not markets

National Bank of Hungary (MNB) and the Hungarian Export-Import Bank Plc. (Eximbank) provides abudant credit sources for corporations, although growth...

Debt

ÁKK sells HUF 47 billion of bonds at switch auction

The Government Debt Management Agency (ÁKK) sold primary dealers HUF 47 billion of bonds maturing in 2022 and 2023 in...

MNB

Debt rises to all-time high, government spins figure

Hungary’s gross consolidated government sector debt, calculated at nominal value, in line with the Maastricht methodology, rose to HUF 24.904...

MNB

Debt rises to all-time high, government spins figure

Hungary’s gross consolidated government sector debt, calculated at nominal value, in line with the Maastricht methodology, rose to HUF 24.904...

MNB

Savings ratio rises to 7.3% of GDP in Q1

Net financial savings of Hungarian households reached HUF 495 billion in nominal terms in the first quarter of 2017, or...

MNB

Inflation rate concerns Varga, MNB deputy governor

National Economy Minister Mihály Varga on Thursday said the economy is in “top form” and the country’s fiscal position is...

MNB

EBRD lowers Hungary GDP forecast for 2014

The European Bank for Reconstruction and Development (EBRD) lowered its forecast for Hungary’s GDP growth this year to 1.6% in...

MNB

OECD: “Moderate recovery” for Hungary to continue into 2015

The OECD projected a “moderate recovery” would continue in Hungary in its newly released economic forecast published today. “The moderate...

MNB

MNB to raise FX financing adequacy ratio requirement

The National Bank of Hungary (MNB) yesterday announced that the minimum foreign exchange financing adequacy ratio requirement would gradually be...

Banking

EC nixes second reverse-VAT call for sugar sector

The European Commission has rejected a request by Hungary to introduce reverse VAT in the sugar sector, the National Economy...

MNB

Pleschinger: Further base rate cuts increase risks

Further base rate cuts by the National Bank of Hungary (MNB) would further increase risks, MNB Monetary Council external member...

MNB

MNB executive directors: International reserves may be lowered “with due caution”

Hungary’s reserves could be lowered with due caution as they exceed reference levels watched by investors and short-term external debt...

MNB

MNB to amend Funding for Growth conditions

The National Bank of Hungary (MNB) announced that conditions of its Funding for Growth scheme will be amended as of...

MNB

Hungarian non-financials remain net lenders in 2013

Hungarian non-financial companies remained net lenders in 2013, “saving” net HUF 1.052 trillion or 3.6% of GDP, financial accounts data...

Ratings

S&P raises Hungary credit rating to “stable”

Ratings agency Standard and Poor’s this morning reported a revision to its outlook on the long-term sovereign credit ratings on...

MNB

Money provided but not markets

National Bank of Hungary (MNB) and the Hungarian Export-Import Bank Plc. (Eximbank) provides abudant credit sources for corporations, although growth...

Debt

ÁKK sells HUF 47 billion of bonds at switch auction

The Government Debt Management Agency (ÁKK) sold primary dealers HUF 47 billion of bonds maturing in 2022 and 2023 in...

MNB

Debt rises to all-time high, government spins figure

Hungary’s gross consolidated government sector debt, calculated at nominal value, in line with the Maastricht methodology, rose to HUF 24.904...

MNB

Debt rises to all-time high, government spins figure

Hungary’s gross consolidated government sector debt, calculated at nominal value, in line with the Maastricht methodology, rose to HUF 24.904...

MNB

Savings ratio rises to 7.3% of GDP in Q1

Net financial savings of Hungarian households reached HUF 495 billion in nominal terms in the first quarter of 2017, or...

MNB

Inflation rate concerns Varga, MNB deputy governor

National Economy Minister Mihály Varga on Thursday said the economy is in “top form” and the country’s fiscal position is...

MNB

EBRD lowers Hungary GDP forecast for 2014

The European Bank for Reconstruction and Development (EBRD) lowered its forecast for Hungary’s GDP growth this year to 1.6% in...

MNB

OECD: “Moderate recovery” for Hungary to continue into 2015

The OECD projected a “moderate recovery” would continue in Hungary in its newly released economic forecast published today. “The moderate...

MNB

MNB to raise FX financing adequacy ratio requirement

The National Bank of Hungary (MNB) yesterday announced that the minimum foreign exchange financing adequacy ratio requirement would gradually be...

Banking

EC nixes second reverse-VAT call for sugar sector

The European Commission has rejected a request by Hungary to introduce reverse VAT in the sugar sector, the National Economy...

MNB

Pleschinger: Further base rate cuts increase risks

Further base rate cuts by the National Bank of Hungary (MNB) would further increase risks, MNB Monetary Council external member...

MNB

MNB executive directors: International reserves may be lowered “with due caution”

Hungary’s reserves could be lowered with due caution as they exceed reference levels watched by investors and short-term external debt...

MNB

MNB to amend Funding for Growth conditions

The National Bank of Hungary (MNB) announced that conditions of its Funding for Growth scheme will be amended as of...

MNB

Hungarian non-financials remain net lenders in 2013

Hungarian non-financial companies remained net lenders in 2013, “saving” net HUF 1.052 trillion or 3.6% of GDP, financial accounts data...

Ratings

S&P raises Hungary credit rating to “stable”

Ratings agency Standard and Poor’s this morning reported a revision to its outlook on the long-term sovereign credit ratings on...

Money provided but not markets

National Bank of Hungary (MNB) and the Hungarian Export-Import Bank Plc. (Eximbank) provides abudant credit sources for corporations, although growth...

ÁKK sells HUF 47 billion of bonds at switch auction

The Government Debt Management Agency (ÁKK) sold primary dealers HUF 47 billion of bonds maturing in 2022 and 2023 in...

Debt rises to all-time high, government spins figure

Hungary’s gross consolidated government sector debt, calculated at nominal value, in line with the Maastricht methodology, rose to HUF 24.904...

Debt rises to all-time high, government spins figure

Hungary’s gross consolidated government sector debt, calculated at nominal value, in line with the Maastricht methodology, rose to HUF 24.904...

Savings ratio rises to 7.3% of GDP in Q1

Net financial savings of Hungarian households reached HUF 495 billion in nominal terms in the first quarter of 2017, or...

Inflation rate concerns Varga, MNB deputy governor

National Economy Minister Mihály Varga on Thursday said the economy is in “top form” and the country’s fiscal position is...

EBRD lowers Hungary GDP forecast for 2014

The European Bank for Reconstruction and Development (EBRD) lowered its forecast for Hungary’s GDP growth this year to 1.6% in...

OECD: “Moderate recovery” for Hungary to continue into 2015

The OECD projected a “moderate recovery” would continue in Hungary in its newly released economic forecast published today. “The moderate...

MNB to raise FX financing adequacy ratio requirement

The National Bank of Hungary (MNB) yesterday announced that the minimum foreign exchange financing adequacy ratio requirement would gradually be...

EC nixes second reverse-VAT call for sugar sector

The European Commission has rejected a request by Hungary to introduce reverse VAT in the sugar sector, the National Economy...

Pleschinger: Further base rate cuts increase risks

Further base rate cuts by the National Bank of Hungary (MNB) would further increase risks, MNB Monetary Council external member...

MNB executive directors: International reserves may be lowered “with due caution”

Hungary’s reserves could be lowered with due caution as they exceed reference levels watched by investors and short-term external debt...

MNB to amend Funding for Growth conditions

The National Bank of Hungary (MNB) announced that conditions of its Funding for Growth scheme will be amended as of...

Hungarian non-financials remain net lenders in 2013

Hungarian non-financial companies remained net lenders in 2013, “saving” net HUF 1.052 trillion or 3.6% of GDP, financial accounts data...

S&P raises Hungary credit rating to “stable”

Ratings agency Standard and Poor’s this morning reported a revision to its outlook on the long-term sovereign credit ratings on...