Finance

Debt

Poland pays for lockdowns with the highest ever public debt

The actual debt of the Polish sector of the general government is approaching the impassable – according to the constitution...

MNB

MNB offers 1-week depo at 2.5%, 40 bp over base rate

The National Bank of Hungary (MNB) offered its one-week deposit facility at a rate of 2.5% at a tender on...

MNB

MNB to modify debt cap rules from January

The National Bank of Hungary said on Wednesday that on January 1, 2022 it will be modifying its decree regarding...

Banking

Serbian c. bank’s FX reserves decline in October

The foreign exchange (FX) reserves held by Serbia's central bank fell to EUR 16.3 billion at the end of October,...

Debt

ÁKK switches HUF 27.5 bln of bonds at auction

Hungary's State Debt Management Agency (ÁKK) sold HUF 27.5 billion of bonds maturing in 2029, 2030, and 2034 in exchange...

Debt

Romania c/a gap widens in September

Romania's current account deficit widened to EUR 1.65 billion in September of 2021, from EUR 1.29 billion in the same...

Debt

MNB: EUR 1.695 bln Q3 C/A deficit

Hungary had a current-account deficit of EUR 1.695 billion in the third quarter, according to an amalgamation of monthly data...

Banking

More than 11,000 businesses take out recovery microloans

More than 11,000 businesses have taken out interest-free microloans the government launched in the spring to aid the economic recovery,...

Debt

Poland c/a swings to deficit in September

Poland's current account posted a EUR 1.339 billion deficit in September, switching from a downwardly revised EUR 1.417 bln surplus...

Ratings

Fitch upgrades Croatia to ‘BBB’, outlook positive

Fitch Ratings said it has upgraded Croatia's long-term foreign-currency issuer default rating (IDR) to 'BBB' from 'BBB-, with positive outlook...

MNB

Policymakers raise base rate 30 bp to 2.1%

The Monetary Council of the National Bank of Hungary (MNB) decided to raise the central bank base rate by 30...

Trade

Bulgaria’s trade gap widens in September

Bulgaria's trade deficit narrowed to BGN 614.4 million (EUR 314.1 million) in September from BGN 476.1 million in the corresponding...

Banking

Budapest Bank, MKB to merge next spring

According to the plans of Hungarian Bankholding, Budapest Bank, and MKB Bank, the two member banks of the banking group...

MNB

Weekly QE purchases of gov’t bonds below target

The National Bank of Hungary (MNB) bought HUF 32 billion of government securities in the framework of a quantitative easing...

MNB

No bids at FX swaps tender

Lenders submitted no bids at a weekly tender held by the National Bank of Hungary (MNB) on Monday for FX...

Debt

Poland pays for lockdowns with the highest ever public debt

The actual debt of the Polish sector of the general government is approaching the impassable – according to the constitution...

MNB

MNB offers 1-week depo at 2.5%, 40 bp over base rate

The National Bank of Hungary (MNB) offered its one-week deposit facility at a rate of 2.5% at a tender on...

MNB

MNB to modify debt cap rules from January

The National Bank of Hungary said on Wednesday that on January 1, 2022 it will be modifying its decree regarding...

Banking

Serbian c. bank’s FX reserves decline in October

The foreign exchange (FX) reserves held by Serbia's central bank fell to EUR 16.3 billion at the end of October,...

Debt

ÁKK switches HUF 27.5 bln of bonds at auction

Hungary's State Debt Management Agency (ÁKK) sold HUF 27.5 billion of bonds maturing in 2029, 2030, and 2034 in exchange...

Debt

Romania c/a gap widens in September

Romania's current account deficit widened to EUR 1.65 billion in September of 2021, from EUR 1.29 billion in the same...

Debt

MNB: EUR 1.695 bln Q3 C/A deficit

Hungary had a current-account deficit of EUR 1.695 billion in the third quarter, according to an amalgamation of monthly data...

Banking

More than 11,000 businesses take out recovery microloans

More than 11,000 businesses have taken out interest-free microloans the government launched in the spring to aid the economic recovery,...

Debt

Poland c/a swings to deficit in September

Poland's current account posted a EUR 1.339 billion deficit in September, switching from a downwardly revised EUR 1.417 bln surplus...

Ratings

Fitch upgrades Croatia to ‘BBB’, outlook positive

Fitch Ratings said it has upgraded Croatia's long-term foreign-currency issuer default rating (IDR) to 'BBB' from 'BBB-, with positive outlook...

MNB

Policymakers raise base rate 30 bp to 2.1%

The Monetary Council of the National Bank of Hungary (MNB) decided to raise the central bank base rate by 30...

Trade

Bulgaria’s trade gap widens in September

Bulgaria's trade deficit narrowed to BGN 614.4 million (EUR 314.1 million) in September from BGN 476.1 million in the corresponding...

Banking

Budapest Bank, MKB to merge next spring

According to the plans of Hungarian Bankholding, Budapest Bank, and MKB Bank, the two member banks of the banking group...

MNB

Weekly QE purchases of gov’t bonds below target

The National Bank of Hungary (MNB) bought HUF 32 billion of government securities in the framework of a quantitative easing...

MNB

No bids at FX swaps tender

Lenders submitted no bids at a weekly tender held by the National Bank of Hungary (MNB) on Monday for FX...

Poland pays for lockdowns with the highest ever public debt

The actual debt of the Polish sector of the general government is approaching the impassable – according to the constitution...

MNB offers 1-week depo at 2.5%, 40 bp over base rate

The National Bank of Hungary (MNB) offered its one-week deposit facility at a rate of 2.5% at a tender on...

MNB to modify debt cap rules from January

The National Bank of Hungary said on Wednesday that on January 1, 2022 it will be modifying its decree regarding...

Serbian c. bank’s FX reserves decline in October

The foreign exchange (FX) reserves held by Serbia's central bank fell to EUR 16.3 billion at the end of October,...

ÁKK switches HUF 27.5 bln of bonds at auction

Hungary's State Debt Management Agency (ÁKK) sold HUF 27.5 billion of bonds maturing in 2029, 2030, and 2034 in exchange...

Romania c/a gap widens in September

Romania's current account deficit widened to EUR 1.65 billion in September of 2021, from EUR 1.29 billion in the same...

MNB: EUR 1.695 bln Q3 C/A deficit

Hungary had a current-account deficit of EUR 1.695 billion in the third quarter, according to an amalgamation of monthly data...

More than 11,000 businesses take out recovery microloans

More than 11,000 businesses have taken out interest-free microloans the government launched in the spring to aid the economic recovery,...

Poland c/a swings to deficit in September

Poland's current account posted a EUR 1.339 billion deficit in September, switching from a downwardly revised EUR 1.417 bln surplus...

Fitch upgrades Croatia to ‘BBB’, outlook positive

Fitch Ratings said it has upgraded Croatia's long-term foreign-currency issuer default rating (IDR) to 'BBB' from 'BBB-, with positive outlook...

Policymakers raise base rate 30 bp to 2.1%

The Monetary Council of the National Bank of Hungary (MNB) decided to raise the central bank base rate by 30...

Bulgaria’s trade gap widens in September

Bulgaria's trade deficit narrowed to BGN 614.4 million (EUR 314.1 million) in September from BGN 476.1 million in the corresponding...

Budapest Bank, MKB to merge next spring

According to the plans of Hungarian Bankholding, Budapest Bank, and MKB Bank, the two member banks of the banking group...

Weekly QE purchases of gov’t bonds below target

The National Bank of Hungary (MNB) bought HUF 32 billion of government securities in the framework of a quantitative easing...

No bids at FX swaps tender

Lenders submitted no bids at a weekly tender held by the National Bank of Hungary (MNB) on Monday for FX...