139 result(s) for currency in Current Affairs
Raiffeisen’s Chief Executive: Withdrawal From Hungary Not On Agenda
- 25 Sep 2014 7:30 AM
- current affairs
The sale of Raiffeisen Bank’s Hungarian unit is not on the agenda of the parent company, Heinz Wiedner, chief executive of Raiffeisen Bank Zrt told Monday’s Napi Gazdasag. In the first half of this year, every business segment of the bank was profitable, even if the bank was forced to book a serious loss on the back of government measures to compensate clients with foreign currency loans.
Hungarian Parliament Starts Autumn Session
- 16 Sep 2014 9:00 AM
- current affairs
Antal Rogán, head of the parliamentary group of the ruling Fidesz party, noted bank settlements involved not only foreign currency borrowers, but also forint-denominated ones. “They, too, have a right to fair treatment and must be served justice” he said.
Hungary’s PM: Justice Done For Borrowers
- 15 Sep 2014 9:00 AM
- current affairs
Once banks have been forced to settle with their clients who borrowed in foreign currency, remaining instalments of loans will certainly decrease by one-third on average, the prime minister said in a radio interview. It is unprecedented in the history of Hungary’s economy that the government and parliament has followed “the logic of fairness” and fully screened “an unfair system of financial ...
Hungarian Socialists Criticise Banknote Revamp
- 4 Sep 2014 9:00 AM
- current affairs
The National Bank of Hungary (NBH) on Monday announced it would revamp the banknotes it issues in 2014-2018. The opposition Socialists interpreted the announcement as the government’s admission that it has dropped plans to introduce the euro in Hungary. Sándor Burány, Socialist head of parliament’s budget committee, told MTI that “the government prefers a weak forint, which increases the burden ...
Lawsuits In Hungary On Unilateral Contract Changes Adjourned
- 2 Sep 2014 9:00 AM
- current affairs
Lawsuits filed by banks, savings cooperatives and other financial institutions against the state seeking to prove their lending practices have been fair continued with 11 suits at the Municipal Court of Budapest on Monday. All cases have been adjourned to a later date in September.
Parties Comment On Hungary Debt Ratio Rise
- 19 Aug 2014 10:00 AM
- current affairs
Hungary’s public debt, calculated at nominal value, in line with Maastricht methodology, reached 25,432 billion forints (EUR 81.2bn), or 85.1% of GDP, at the end of June, preliminary data on financial accounts published by the National Bank of Hungary (NBH) on Monday show. Transactions raised the debt by 434 billion forints during the period. The weaker forint boosted it by 65 billion forints. ...
Hostile Reaction By Hungary’s Ruling Party Fidesz To ECB
- 7 Aug 2014 9:00 AM
- current affairs
The opinion expressed by the European Central Bank (ECB) on Tuesday on Hungary’s new law on foreign currency loans is another way of exerting pressure on Hungary, ultimately coming from foreign-owned banks, Fidesz said in a statement issued Wednesday evening.
Hungary: Loving It, Leaving It
- 23 Jun 2014 9:00 AM
- current affairs
By David Landry: When I first came here, local folks mostly asked me “Why Hungary?” Now when I tell them I’m leaving, they say “It’s a good time.” So what has happened in the past 19 years?
Bank Tax In Hungary To Stay At Least To 2016
- 28 May 2014 9:00 AM
- current affairs
There is no hope that the government will phase out its special bank tax before 2016, Bank Association president Levente Kovács told a Tuesday conference.
Raiffeisen’s Chief Executive: Withdrawal From Hungary Not On Agenda
- 25 Sep 2014 7:30 AM
- current affairs
The sale of Raiffeisen Bank’s Hungarian unit is not on the agenda of the parent company, Heinz Wiedner, chief executive of Raiffeisen Bank Zrt told Monday’s Napi Gazdasag. In the first half of this year, every business segment of the bank was profitable, even if the bank was forced to book a serious loss on the back of government measures to compensate clients with foreign currency loans.
Hungarian Parliament Starts Autumn Session
- 16 Sep 2014 9:00 AM
- current affairs
Antal Rogán, head of the parliamentary group of the ruling Fidesz party, noted bank settlements involved not only foreign currency borrowers, but also forint-denominated ones. “They, too, have a right to fair treatment and must be served justice” he said.
Hungary’s PM: Justice Done For Borrowers
- 15 Sep 2014 9:00 AM
- current affairs
Once banks have been forced to settle with their clients who borrowed in foreign currency, remaining instalments of loans will certainly decrease by one-third on average, the prime minister said in a radio interview. It is unprecedented in the history of Hungary’s economy that the government and parliament has followed “the logic of fairness” and fully screened “an unfair system of financial ...
Hungarian Socialists Criticise Banknote Revamp
- 4 Sep 2014 9:00 AM
- current affairs
The National Bank of Hungary (NBH) on Monday announced it would revamp the banknotes it issues in 2014-2018. The opposition Socialists interpreted the announcement as the government’s admission that it has dropped plans to introduce the euro in Hungary. Sándor Burány, Socialist head of parliament’s budget committee, told MTI that “the government prefers a weak forint, which increases the burden ...
Lawsuits In Hungary On Unilateral Contract Changes Adjourned
- 2 Sep 2014 9:00 AM
- current affairs
Lawsuits filed by banks, savings cooperatives and other financial institutions against the state seeking to prove their lending practices have been fair continued with 11 suits at the Municipal Court of Budapest on Monday. All cases have been adjourned to a later date in September.
Parties Comment On Hungary Debt Ratio Rise
- 19 Aug 2014 10:00 AM
- current affairs
Hungary’s public debt, calculated at nominal value, in line with Maastricht methodology, reached 25,432 billion forints (EUR 81.2bn), or 85.1% of GDP, at the end of June, preliminary data on financial accounts published by the National Bank of Hungary (NBH) on Monday show. Transactions raised the debt by 434 billion forints during the period. The weaker forint boosted it by 65 billion forints. ...
Hostile Reaction By Hungary’s Ruling Party Fidesz To ECB
- 7 Aug 2014 9:00 AM
- current affairs
The opinion expressed by the European Central Bank (ECB) on Tuesday on Hungary’s new law on foreign currency loans is another way of exerting pressure on Hungary, ultimately coming from foreign-owned banks, Fidesz said in a statement issued Wednesday evening.
Hungary: Loving It, Leaving It
- 23 Jun 2014 9:00 AM
- current affairs
By David Landry: When I first came here, local folks mostly asked me “Why Hungary?” Now when I tell them I’m leaving, they say “It’s a good time.” So what has happened in the past 19 years?
Bank Tax In Hungary To Stay At Least To 2016
- 28 May 2014 9:00 AM
- current affairs
There is no hope that the government will phase out its special bank tax before 2016, Bank Association president Levente Kovács told a Tuesday conference.