Hungary c.bank cuts rates more than expected!

Hungary’s inflation dropped to an all-time low and the National Bank of Hungary (NBH) has lowered... 

Hungary could risk HUF selloff with foreign currency loan conversion

Hungary could risk a selloff in its currency by converting its huge stock of Swiss franc and euro mortgages... 

Hungary sheds light on attractive June budget deficit figure

Hungary’s National Economy Ministry has on Monday published detailed figures for the budget balance... 

Hungary MKB expects HUF 5 bn loss on invalid bid/ask spread on FX loans

MKB Bank, the Hungarian unti of Germany’s BayernLB, is to make 5.1 billion forint worth of provisions... 

Hungary FX loan conversion to come only next year - Varga

While every foreign currency borrower will be aware by the end of 2014 how much money they are entitled... 

Hungary c.bank close to the last stage of the "battle" - analysts

The National Bank of Hungary (NBH) will reduce its base rate by 10 basis points to 2.20% on Tuesday... 

Hungary economic sentiment drops to six-month low

Hungary’s GKI-Erste economic confidence index fell to a six-month low in July, according to figures... 

ANALYST VIEW - Hungary's interventionist policies could backfire - UniCredit

Government interventionism in Hungary continues to escalate. This type of policy will reduce potential... 

Audi to the rescue of Komárom after Nokia layoff and exit?

The Hungarian arm of German carmaker Audi said they might be able to help those that will be laid off... 

GE estimates FX debt relief scheme to cost Hungarian unit HUF 20 bn

A presentation by General Electric accompanying the group’s second-quarter earnings report revealed... 

Hungary real wage up 5.0% in May on vanished inflation

Real wages grew by 5.0% year on year in Hungary in May 2014, on the back of the disappearance of inflation.... 

ANALYST VIEW - Merrill Lynch bullish on Hungarian forint

Hungary’s forint eased to multi-month lows versus key currencies on Thursday, but in an uncertain... 

Russian banks shrug off U.S. sanctions

Russian state development bank Vneshekonombank (VEB), hit by fresh U.S. sanctions, said on Thursday it... 

Microsoft to axe 18,000 jobs this year, Hungarian Nokia unit affected

Microsoft Corp has announced on Thursday it will slash up to 18,000 jobs, or 14% of its workforce. The... 

Hungary Fiscal Council chief sees debt reduction plan at risk

In view of economic developments of the first six months, the course of budget revenues and expenditures... 

Hungary's economic performance should lead to debt rating upgrade - rate-setter

Economic developments in Hungary will sooner or later persuade credit rating agencies to revise their... 

Investors queue up for Hungary's 12-month bills, ÁKK sticks to strategy

Hungary’s Government Debt Management Agency (ÁKK) recorded heavy bidding for its 12-month discount... 

Europe, United States expand sanctions against Russia over Ukraine

The European Union is to expand the group of companies and legal entities that may be sanctioned over... 

Hungary announces fiscal adjustment measure to meet deficit goal

Hungary will freeze government expenditures worth 110 billion forints in order to make sure the 2.9%... 

Opel expanding in Szentgotthárd near Hungary/Austria border

Serial production of small gasoline engines has begun at the Opel plant in Szentgotthárd, western Hungary.... 

RTL chief attacks Hungary for advertising tax

Advertising tax constitutes a seizure attempt on part of Hungary's government, CEO of RTL Hungary Dirk...