50 result(s) for forex loan
Orbán Voices Reservations About Guest-Worker Scheme
- 1 Mar 2017 6:00 AM
- current affairs
Prime Minister Viktor Orbán said at an event organised by the Hungarian Chamber of Commerce and Industry that he did not support the idea of tackling Hungary’s shortage of skilled workers by adopting a guest-worker scheme. He said he had reservations about any kind of scheme to employ guest workers.
Orbán Confirms Support For CBank Governor
- 10 May 2016 9:00 AM
- current affairs
Prime Minister Viktor Orbán has repeatedly voiced support for the governor of the National Bank of Hungary, after opposition Socialist and LMP deputies urged his removal in parliament. György Matolcsy has “saved” forex debtors, promoted Hungary’s economic growth with a loan programme and reduced inflation, the prime minister argued and assured him of his “full” support.
Hungary Fully Reimbursed IMF - European Commission Loan
- 7 Apr 2016 9:00 AM
- business
On 6 April 2016, the European Commission credited the last instalment, EUR 1.5bn, of the loan facility that the former Hungarian government had received from the IMF and the European Commission in 2008 and 2009, Minister for National Economy Mihály Varga announced. With this step, he added, the Government has reached its goal of creating economic policy independence also in terms of state ...
Retail Sector Continues To Record Sales Growth Above The EU Average, September 2015
- 30 Nov 2015 8:00 AM
- shopping
In September 2015, the volume of retail sales grew by 5.1 percent year-on-year, and thus the sector’s positive sales trend has been in place for the 28th consecutive month. In the initial nine months of the year, the volume of sales was up by 5.9 percent year-on-year. These growth figures exceed both the EU and the Euro-zone averages.
Hungarian Forint Eases On “Polish Contagion”
- 9 Jul 2015 9:00 AM
- business
The forint was trading at 317.71 to the euro late Wednesday on the interbank forex market, down from 316.91 late Tuesday. At 317.23 to the euro early Wednesday, the forint moved between 316.51 and 318.08, after a fifth more than five-month low within a week at 318.32 on Tuesday evening.
Standard & Poor’s Upgrades Hungary’s Junk Credit Rating
- 23 Mar 2015 8:00 AM
- business
Hungary’s junk credit rating has been upgraded by Standard & Poor’s, which cited the country’s improving growth outlook and its better preparedness to handle unexpected crises. Hungary had lost its investment grade credit rating as far back as 2011. S&P said in a statement Friday that it was raising Hungary’s rating from BB to BB+, one step below investment grade, bringing its assessment in line ...
Mihály Varga: High Time For A Credit Rating Upgrade
- 23 Mar 2015 8:00 AM
- business
The country’s situation warrants an upgrade by credit rating agencies, as over the past years Hungary’s current account has posted massive surpluses, general government budget deficit has been below 3 percent for years, economic growth has been picking up and employment shows steady improvement, Minister for National Economy Mihály Varga said at the Hungarian Business Leaders Forum held in ...
Xpat Opinion: Unorthodox Hungarian Policies Suddenly Applauded?
- 26 Jan 2015 8:00 AM
- current affairs
A leading pro-government journalist quotes international comments in praise of PM Orbán, for deciding to convert mortgages denominated in foreign currencies before the surge of the Swiss Franc. The move helped hundreds of thousands of households avert catastrophic losses.
Varga: Eliminating Forex Loans In Hungary Has Been Right Decision
- 16 Jan 2015 8:00 AM
- business
The Swiss central bank’s removal of a minimum franc-euro rate has confirmed that the Hungarian government made the right decision of eliminating forex loans from the country’s banking system in 2015, Mihály Varga, the economy minister, told government portal kormany.hu.
Orbán Voices Reservations About Guest-Worker Scheme
- 1 Mar 2017 6:00 AM
- current affairs
Prime Minister Viktor Orbán said at an event organised by the Hungarian Chamber of Commerce and Industry that he did not support the idea of tackling Hungary’s shortage of skilled workers by adopting a guest-worker scheme. He said he had reservations about any kind of scheme to employ guest workers.
Orbán Confirms Support For CBank Governor
- 10 May 2016 9:00 AM
- current affairs
Prime Minister Viktor Orbán has repeatedly voiced support for the governor of the National Bank of Hungary, after opposition Socialist and LMP deputies urged his removal in parliament. György Matolcsy has “saved” forex debtors, promoted Hungary’s economic growth with a loan programme and reduced inflation, the prime minister argued and assured him of his “full” support.
Hungary Fully Reimbursed IMF - European Commission Loan
- 7 Apr 2016 9:00 AM
- business
On 6 April 2016, the European Commission credited the last instalment, EUR 1.5bn, of the loan facility that the former Hungarian government had received from the IMF and the European Commission in 2008 and 2009, Minister for National Economy Mihály Varga announced. With this step, he added, the Government has reached its goal of creating economic policy independence also in terms of state ...
Retail Sector Continues To Record Sales Growth Above The EU Average, September 2015
- 30 Nov 2015 8:00 AM
- shopping
In September 2015, the volume of retail sales grew by 5.1 percent year-on-year, and thus the sector’s positive sales trend has been in place for the 28th consecutive month. In the initial nine months of the year, the volume of sales was up by 5.9 percent year-on-year. These growth figures exceed both the EU and the Euro-zone averages.
Hungarian Forint Eases On “Polish Contagion”
- 9 Jul 2015 9:00 AM
- business
The forint was trading at 317.71 to the euro late Wednesday on the interbank forex market, down from 316.91 late Tuesday. At 317.23 to the euro early Wednesday, the forint moved between 316.51 and 318.08, after a fifth more than five-month low within a week at 318.32 on Tuesday evening.
Standard & Poor’s Upgrades Hungary’s Junk Credit Rating
- 23 Mar 2015 8:00 AM
- business
Hungary’s junk credit rating has been upgraded by Standard & Poor’s, which cited the country’s improving growth outlook and its better preparedness to handle unexpected crises. Hungary had lost its investment grade credit rating as far back as 2011. S&P said in a statement Friday that it was raising Hungary’s rating from BB to BB+, one step below investment grade, bringing its assessment in line ...
Mihály Varga: High Time For A Credit Rating Upgrade
- 23 Mar 2015 8:00 AM
- business
The country’s situation warrants an upgrade by credit rating agencies, as over the past years Hungary’s current account has posted massive surpluses, general government budget deficit has been below 3 percent for years, economic growth has been picking up and employment shows steady improvement, Minister for National Economy Mihály Varga said at the Hungarian Business Leaders Forum held in ...
Xpat Opinion: Unorthodox Hungarian Policies Suddenly Applauded?
- 26 Jan 2015 8:00 AM
- current affairs
A leading pro-government journalist quotes international comments in praise of PM Orbán, for deciding to convert mortgages denominated in foreign currencies before the surge of the Swiss Franc. The move helped hundreds of thousands of households avert catastrophic losses.
Varga: Eliminating Forex Loans In Hungary Has Been Right Decision
- 16 Jan 2015 8:00 AM
- business
The Swiss central bank’s removal of a minimum franc-euro rate has confirmed that the Hungarian government made the right decision of eliminating forex loans from the country’s banking system in 2015, Mihály Varga, the economy minister, told government portal kormany.hu.