Finance

MNB

Just 316 join forex-loan cap scheme in November

An exchange rate cap scheme designed to assist borrowers with foreign currency-denominated loans attracted 316 new participants in November, just...

MNB

Central Bank closes in the black for 2013

The National Bank of Hungary (MNB) finished 2013 in the black, according to preliminary data, the central bank reported yesterday....

MNB

MNB: Government debt at 80.2% of GDP

According to figures released by the National Bank of Hungary (MNB) today, the central government’s consolidated gross debt was at...

MNB

Households repaying loans, borrowing stock still rising

Hungarian households repaid more foreign currency-based loans to domestic banks than they borrowed in forints in November, but their borrowing...

MNB

Report: >25% of Hungarian debt held by European banks

As of July 1, some 25.3% of Hungary’s €18.489 billion debt was held by 33 banks based outside the country,...

MNB

Parliament approves 2014 budget bill, more

Most important on the agenda in Parliament yesterday was the central budget bill for 2014 which as expected passed on...

MNB

MNB: Inflation 1.7% in 2013, 1.3% in ‘14

The National Bank of Hungary (MNB) lowered its inflation forecasts for 2013 and 2014, figures from its latest quarterly inflation...

Banking

Tax policy 2014: No dramatic changes

From the Budapest Business Journal print edition: The 2014 package aims to support families and businesses, fight against the black...

Ratings

Fitch Ratings keeps Hungary at BB+ long term

Fitch Ratings on Wednesday affirmed Hungary’s long-term foreign currency rating at “BB+” with stable outlook, and its local currency rating...

MNB

EC: Positive changes in Hungarian macroeconomy, risks remain

The European Commission on Wednesday welcomed positive macroeconomic changes in Hungary and said economic growth could accelerate, but it warned...

MNB

Court rules against bank in forex loan case

A single case involving forex-based loans has been ruled upon and with some 2,500 more lawsuits awaiting judgment, a precedent...

MNB

Just 209 join exchange rate cap scheme in October

An exchange rate cap scheme designed to assist borrowers with foreign currency-denominated loans attracted 209 new participants in October, just...

Banking

Fidesz: Tax fraud must be punished

Tax fraud must not go unpunished but it is up to the public prosecutor’s office to clarify whether the statements...

Banking

PwC: “Fewer big changes” in 2014 tax law

PricewaterhouseCooper Hungary has released some six pages worth of analysis on the tax package for 2014, legislation for which was...

MNB

Bankmonitor: Hungary home loans more expensive than CE’s

Interest rates and monthly repayment installments on home loans are substantially higher in Hungary than in Germany, Austria or Slovakia,...

MNB

Just 316 join forex-loan cap scheme in November

An exchange rate cap scheme designed to assist borrowers with foreign currency-denominated loans attracted 316 new participants in November, just...

MNB

Central Bank closes in the black for 2013

The National Bank of Hungary (MNB) finished 2013 in the black, according to preliminary data, the central bank reported yesterday....

MNB

MNB: Government debt at 80.2% of GDP

According to figures released by the National Bank of Hungary (MNB) today, the central government’s consolidated gross debt was at...

MNB

Households repaying loans, borrowing stock still rising

Hungarian households repaid more foreign currency-based loans to domestic banks than they borrowed in forints in November, but their borrowing...

MNB

Report: >25% of Hungarian debt held by European banks

As of July 1, some 25.3% of Hungary’s €18.489 billion debt was held by 33 banks based outside the country,...

MNB

Parliament approves 2014 budget bill, more

Most important on the agenda in Parliament yesterday was the central budget bill for 2014 which as expected passed on...

MNB

MNB: Inflation 1.7% in 2013, 1.3% in ‘14

The National Bank of Hungary (MNB) lowered its inflation forecasts for 2013 and 2014, figures from its latest quarterly inflation...

Banking

Tax policy 2014: No dramatic changes

From the Budapest Business Journal print edition: The 2014 package aims to support families and businesses, fight against the black...

Ratings

Fitch Ratings keeps Hungary at BB+ long term

Fitch Ratings on Wednesday affirmed Hungary’s long-term foreign currency rating at “BB+” with stable outlook, and its local currency rating...

MNB

EC: Positive changes in Hungarian macroeconomy, risks remain

The European Commission on Wednesday welcomed positive macroeconomic changes in Hungary and said economic growth could accelerate, but it warned...

MNB

Court rules against bank in forex loan case

A single case involving forex-based loans has been ruled upon and with some 2,500 more lawsuits awaiting judgment, a precedent...

MNB

Just 209 join exchange rate cap scheme in October

An exchange rate cap scheme designed to assist borrowers with foreign currency-denominated loans attracted 209 new participants in October, just...

Banking

Fidesz: Tax fraud must be punished

Tax fraud must not go unpunished but it is up to the public prosecutor’s office to clarify whether the statements...

Banking

PwC: “Fewer big changes” in 2014 tax law

PricewaterhouseCooper Hungary has released some six pages worth of analysis on the tax package for 2014, legislation for which was...

MNB

Bankmonitor: Hungary home loans more expensive than CE’s

Interest rates and monthly repayment installments on home loans are substantially higher in Hungary than in Germany, Austria or Slovakia,...

Just 316 join forex-loan cap scheme in November

An exchange rate cap scheme designed to assist borrowers with foreign currency-denominated loans attracted 316 new participants in November, just...

Central Bank closes in the black for 2013

The National Bank of Hungary (MNB) finished 2013 in the black, according to preliminary data, the central bank reported yesterday....

MNB: Government debt at 80.2% of GDP

According to figures released by the National Bank of Hungary (MNB) today, the central government’s consolidated gross debt was at...

Households repaying loans, borrowing stock still rising

Hungarian households repaid more foreign currency-based loans to domestic banks than they borrowed in forints in November, but their borrowing...

Report: >25% of Hungarian debt held by European banks

As of July 1, some 25.3% of Hungary’s €18.489 billion debt was held by 33 banks based outside the country,...

Parliament approves 2014 budget bill, more

Most important on the agenda in Parliament yesterday was the central budget bill for 2014 which as expected passed on...

MNB: Inflation 1.7% in 2013, 1.3% in ‘14

The National Bank of Hungary (MNB) lowered its inflation forecasts for 2013 and 2014, figures from its latest quarterly inflation...

Tax policy 2014: No dramatic changes

From the Budapest Business Journal print edition: The 2014 package aims to support families and businesses, fight against the black...

Fitch Ratings keeps Hungary at BB+ long term

Fitch Ratings on Wednesday affirmed Hungary’s long-term foreign currency rating at “BB+” with stable outlook, and its local currency rating...

EC: Positive changes in Hungarian macroeconomy, risks remain

The European Commission on Wednesday welcomed positive macroeconomic changes in Hungary and said economic growth could accelerate, but it warned...

Court rules against bank in forex loan case

A single case involving forex-based loans has been ruled upon and with some 2,500 more lawsuits awaiting judgment, a precedent...

Just 209 join exchange rate cap scheme in October

An exchange rate cap scheme designed to assist borrowers with foreign currency-denominated loans attracted 209 new participants in October, just...

Fidesz: Tax fraud must be punished

Tax fraud must not go unpunished but it is up to the public prosecutor’s office to clarify whether the statements...

PwC: “Fewer big changes” in 2014 tax law

PricewaterhouseCooper Hungary has released some six pages worth of analysis on the tax package for 2014, legislation for which was...

Bankmonitor: Hungary home loans more expensive than CE’s

Interest rates and monthly repayment installments on home loans are substantially higher in Hungary than in Germany, Austria or Slovakia,...