Hello,    SIGN OUT   NEWSLETTER    HUNGARIAN  

Hungary's OTP acquires bank in Romania from Portuguese owner

After acquiring a bank in Croatia from Italy's Banco Popolare in early 2014, Hungary’s OTP Bank has made another purchase, this time in Romania.... 

PM Orbán fulfils one of his dreams - How much will MKB hurt Hungary?

It may be unbelievable but it is true: by purchasing MKB Bank from Germany’s BayernLB, Viktor Orbán’s old target to have at least 50%... 

Russia, Ukraine main headache for Hungary's Richter (4)

As usual, Richter will be among the first listed companies to publish its quarterly earnings report next... 

PM Orbán fulfils one of his dreams - How much will MKB hurt Hungary?

It may be unbelievable but it is true: by purchasing MKB Bank from Germany’s BayernLB, Viktor Orbán’s... 

ANALYST VIEW - J.P. Morgan sees Hungary's FX debt relief refunds at HUF 775 bn

J.P. Morgan estimates that 775 billion forints will need to be refunded to customers by banks in Hungary... 

ANALYST VIEW - Yet another target price hike for Hungary's Magyar Telekom

Concorde has on Friday raised its target price for Hungary’s Magyar Telekom to HUF 385 from HUF... 

Hungary MKB may go public after reorganisation - Varga

After the state gets MKB Bank in shape it should be placed into private hands, which could happen either... 

No peace between Hungarian gov't and banks - Raiffeisen chief

Austrian lender Raiffeisen Bank International, or RBI, will concentrate more on the retail segment in... 

Talks between Hungary's MOL and Croatia bring no success

Following the conclusion of the fifth round of negotiations between the government of Croatia and MOL... 

ANALYST VIEW - Yet another target price hike for Hungary's Magyar Telekom

Concorde has on Friday raised its target price for Hungary’s Magyar Telekom to HUF 385 from HUF... 

Chart of the Day: This is how the Hungarian state is extending its grasp

The Hungarian state will purchase 99.9% of MKB Bank from its German owner BayernLB for about HUF 17 billion... 

Hungary to buy MKB from BayernLB for EUR 55 million

Germany’s BayernLB has announced on Thursday it is set to sell its Hungarian subsidiary bank, MKB... 

Hungary Magyar Telekom to lay off up to 1,700 employees

Hungarian telecoms group Magyar Telekom has announced on Thursday that it has reached an agreement with... 

Croatia eyes loan to buy back INA from Hungary's MOL - minister

The Croatian government is urging talks on a secured loan to buy back shares of oil and gas company INA... 

ANALYST VIEW - Espirito Santo raises target price for Hungary's Magyar Telekom

Following Citigroup, Espirito Santo has also raised its target price for Magyar Telekom, the leading... 

Hungary MOL says will sell INA if talks with Croatia flop

Hungarian oil and gas group MOL responded to the Croatian Economy Minister saying the government may... 

Croatia may buy out Hungary's MOL from INA - minister

According to Croatian Economy Minister Ivan Vrdoljak, Croatia may prepare to buy out Hungarian fuels... 

Croatia to hold next round of talks with Hungary's MOL on INA on 25 July - minister

The next round of talks between the Croatian government and Hungarian fuels group MOL about Croatian... 
Markets (HU)

Budapest Stock Exchange seems cursed, turnover declines in Sept too

There was no turnaround on the Budapest Stock Exchange (BSE) in September, as its duplicated turnover... 

Hungary forint pushed to one-week low

Although Thursday afternoon's moderate decline in investor sentiment came to a halt in the evening CET... 

Hungary Richter quarterly earnings disappoint due to Russia

Gedeon Richter, Hungary’s leading pharmaceutical producer, has published its earnings report for... 

Hungary Foreign Minister Navracsics nominated as EU Commissioner

Hungary has nominated Foreign Minister Tibor Navracsics to serve as Commissioner in the European Commission... 

Hungarian PM 'illiberal state' speech weightless for EU - Commission spokesman

Brussels has nothing to say about Hungarian Prime Minister Viktor Orbán’s speech, in which he pledged... 

Recording from talk between Hungary's MOL, Croatia leaked to press

Croatian daily Vecernji list has published a summary of the latest round of talks between Hungarian fuels... 

Hungary labour market on a roll

4.122 million people were employed in Hungary in the second quarter of 2014, 190,000 more than a year... 

Russia, Ukraine main headache for Hungary's Richter (4)

As usual, Richter will be among the first listed companies to publish its quarterly earnings report next... 

News

Hungary's FX borrowers! Here's your magic number!

Hungary finally has its magic number: 900 billion. Forints, that is. It will take a while until this... 

Media freedom remains under threat in Hungary - EU Commissioner

A free and plural media is the foundation of a free society, and a safeguard of democratic tradition.... 

Surprisingly drop in Hungarian yields does not end with rate cut stop

Although one should expect that the end of the Hungarian central bank’s (NBH) rate cut cycle to... 

Dwelling construction continues to "boom" in Hungary

The passing of the crisis and the turnaround in trends are no longer palpable only in the price of real... 

Erste divulges new important info related to Hungary's FX debt relief scheme

Erste Bank Hungary’s equity capital contracted by more than 10% by 30 June compared to end-2013... 

Hungary Orbán wants to build illiberal state, work-based society

The new Hungarian state is being organised on the foundation of a work-based state, which is not liberal... 

No risk of bank failure, exit from Hungary's FX loan relief package - minister

If Hungary’s economic growth creates extra resources, it will be possible to review the bank tax... 

ANALYST VIEW - J.P. Morgan sees Hungary's FX debt relief refunds at HUF 775 bn

J.P. Morgan estimates that 775 billion forints will need to be refunded to customers by banks in Hungary... 

Nomura sees more painful banking policy beyond FX debt plan in Hungary

While the move was forced by the European Commission rules on the state bailout for the parent, the choice... 

Hungary's new EU fund distribution system is fine as it is - gov't official

The European Union has not suspended the payment of development funds to Hungary as the country’s... 

Swaps demand should make everyone sleep well at night in Hungary - c.banker

High demand for the Hungarian central bank's (NBH) new interest rate swaps (IRS) shows that commercial... 

155 small firms, including 3 Hungarian, to receive funding in first wave of grants under EU SME Instrument

The European Commission has announced on Thursday the first results of its new EUR 3 billion SME Instrument... 

Hungary to rid banks of toxic loans, bad bank to be ready by Sept-Oct - c.banker

Hungary plans to set up a bad bank by September or October, which will buy toxic commercial property... 

Hungary gas storage preparation for winter progresses well

The process of preparing Hungary’s natural gas storage units for the winter has progressed more... 

Hungary changes tactics on development fund "freeze", Lázár wants to invoice EU again

The Prime Minister’s Office of Hungary, which oversees the distribution of European Union funds... 

Hungary fares poorly in EU debt ranking

Government debt to GDP ratio rose both in the euro area and in the European Union in the first quarter... 

Hungary's retail sales show no boom anymore

Both time series publish by the Central Statistical Office (KSH) on Wednesday show a slowdown in the... 

EU may be wrong about Hungary's non-compliance in e-toll tendering - paper

The European Commission has recently opened infringement proceedings against Hungary for the lack of... 

INSTANT VIEW - Hungary's easing cycle comes to an end (5)

(Adds comment by Nomura, Morgan Stanley on page2, J.P. Morgan, Citi on page3, SocGen on page4, MKB, UniCredit... 

Hungary c.bank provides rationale for 20bp rate reduction, end of easing cycle

The Monetary Council of Hungary’s central bank (NBH) believes that the central bank base rate has... 

Hungary c.bank says ends rate cut cycle (2)

(Adds more comments by central bankers) As the Hungarian central bank's (NBH) surprise move of a 20-basis-point... 

Hungary's FX relief package will indeed hurt the banks - EcoMin Varga

Hungary’s economic growth could exceed 3% this year and VAT and excise tax revenues are expected to pick up in the second half of the year, compensating... 

Hungary FX mortgage solution should be found by year-end - CIB chief

The executives of Hungary-based banks will be sweating quite a lot this summer, and not necessarily from the heat. Their business can be hit on a gut level... 

Hungary MOL eyes expanding retail network with hundreds of filling stations

Hungarian oil and gas group MOL plans further acquisitions to boost its retail market share in central Europe, where an economic recovery is underway and... 
 

Managing non-paying office tenants


Ákos Becher, partner, DLA Piper International Law Firm 
 
 

       

Current Rates
MOL11,350(-0.4%) 
MTELEKOM373(-0.3%) 
OTP4,181(-0.7%) 
RICHTER3,850(-2.0%) 


       

Tagcloud
economy(13595)  equity(7402)  fx(3551)  commentary(1800)  energy(1451)  nbh(984)  companies(555)  tax(485)  property(444)  imf(370)  realestate(283)  commission(279)  credit_line(244)  orbán(196)  budget(189)  hungarian_quotes(183)  analyst(175)  deficit(156)  mnb(140)  ksh(135)  debt(130)  politics(128)  interviews(123)  statistics(119)  ákk(118)  matolcsy(111)  mol(106)  survey(104)  research(103)  central_bank(103)  auction(99)  poll(96)  gdp(96)  tender(95)  huf(92)  bond(80)  growth(77)  exchange_rate(74)  telecom(74)  eur(67)  chf(60)  base_rate(58)  infringement(58)  fellegi(56)  simor(55)  treasury_bill(55)  interest_rate(55)  monetary_council(54)  forint(53)  earnings_report(53)  mihaly_varga(52)  rating(50)  inflation(48)  otp(47)  repayment(44)  mpc(44)  instant(40)  richter(40)  ecb(40)  usd(39)  erste(39)  yield(39)  cpi(39)  conference(38)  barroso(37)  bse(37)  austerity(35)  airline(34)  magyar_telekom(34)  legislation(34)  market(33)  recession(33)  malév(32)  consumer_price_index(31)  financial_transaction_tax(31)  cohesion(30)  pharmaceutical(30)  bailout(29)  edp(29)  quarterly(28)  moodys(28)  carrier(27)  fitch(27)  rogán(27)  industrial_production(26)  nomura(26)  telekom(26)  citi(26)  investment(26)  egis(26)  downgrade(25)  attard_montalto(25)  fuel(25)  raiffeisen(24)  magyar(24)  banks(24)  employment(23)  excessive_deficit_procedure(23)  issuance(22)  gárgyán(22)  bank(21)  ivaschenko(21)  bef2011(21)  eurozone(21)  parliament(20)  rehn(19)  vat(19)  shortfall(19)  lázár(19)  independence(19)  surplus(19)  bkv(18)  morgan_stanley(18)  varga(18)  fiscal_council(18)  crisis(18)  fidesz(18)  construction(17)  unemployment(17)  retail(17)  adjustment(17)  mobile(17)  drug(17)  diesel(16)  cséfalvay(16)  ftt(16)  ina(16)  gasoline(16)  credit(16)  societe_generale(16)  consensus(16)  fund_manager(16)  junk(15)  export(15)  gki(15)  manufacturing(15)  bankruptcy(15)  lending(15)  jobless(15)  court(15)  oil(15)  real_estate(15)  sentiment(14)  reserves(14)  target_price(14)  municipality(14)  timothy_ash(13)  trade(13)  industry(13)  rbs(13)  automotive(13)  croatia(13)  unicredit(13)  stock_exchange(12)  eu(12)  pmi(12)  popularity(12)  minutes(12)  collapse(12)  lagarde(12)  tarlós(12)  4cast(12)  t-bill(12)  socgen(12)  ecj(12)  wizz_air(12)  pleschinger(11)  standard(11)  european_union(11)  layoff(11)  pasquale_diana(11)  industrial(11)  china(11)  mortgage(11)  foreign_currency(11)  bailly(11)  széll_kálmán_plan(11)  car(11)  transport(11)  vehicle(11)  halpim(11)  forecast(11)  real_wage(10)  bank_tax(10)  azerbaijan(10)  low_cost(10)  government(10)  ecofin(10)  giró_szász(10)  bét(10)  wage(10)  transaction_tax(10)  stock(10)  cds(10)  benoit_anne(9)  frequency(9)  greece(9)  budapest_economic_forum(9)  currency(9)  ryanair(9)  import(9)  subsidy(9)  default(9)  goldman_sachs(9)  budapest(9)  gas(9)  conditions(9)  natural_gas(9)  jobbik(9)  telenor(9)  szijjártó(9)  simplified_entrepreneurial_tax(9)  vodafone(9)  dividend(9)  lmp(8)  washington(8)  nmhh(8)  gerry_rice(8)  pipeline(8)  inflation_report(8)  euro(8)  aaa_auto(8)  food(8)  purchasing_manager_index(8)  trigranit(8)  office(8)  consolidation(8)  hernádi(8)  resign(8)  loan(8)  insurance(8)  árpád_kovács(8)  citigroup(8)  eva(8)  banking_association(8)  precautionary(8)  suspension(8)  mkb(8)  profit(8)  bux(8)  sba(8)  patai(8)  omv(7)  syria(7)  exploration(7)  tenconi(7)  financing(7)  foreign_trade(7)  altafaj(7)  ministry(7)  confidence(7)  outlook(7)  mszp(7)  turnover(7)  máv(7)  ppi(7)  mfb(7)  levy(7)  international_reserves(7)  nabucco(7)  e.on(7)  european_court_of_justice(7)  navracsics(7)  ing(7)  registration(7)  eurobond(6)  járai(6)  personal_income_tax(6)  producer_price(6)  deutsche_bank(6)  kurdistan(6)  cariprazine(6)  standard_bank(6)  banai(6)  acquisition(6)  takeover(6)  hsbc(6)  demján(6)  csányi(6)  overshoot(6)  russia(6)  gerhardt(6)  trip_note(6)  passenger_cars(6)  ambrus(6)  approval_rating(6)  estimate(6)  interview(6)  borbély(6)  töröcskei(6)  ubs(6)  capital_economics(6)  sp(6)  letter(6)  output(6)  karvalits(5)  safarov(5)  nordea(5)  mvm(5)  kocziszky(5)  law(5)  convergence_programme(5)  chinese(5)  liquidity(5)  banking_system(5)  martonyi(5)  financial_accounts(5)  stability(5)  excise(5)  recommendation(5)  treichl(5)  chips(5)  used_car(5)  fiscal_position(5)  cee(5)  governor(5)  cbre(5)  development(5)  flat_tax(5)  tárki(5)  ebrd(5)  pr(5)  loss(5)  bank_of_america_merrill_lynch(5)  q3(5)  target(5)  bloomberg(5)  kbc(5)  contraction(5)  kósa(5)  sovereign(5)  robin_hood(5)  rába(5)  reding(4)  stadler(4)  jelasity(4)  lubin(4)  opinion(4)  rosenberg(4)  credit_rating(4)  schmitt(4)  brussels(4)  spain(4)  sectoral(4)  árokszállási(4)  utility(4)  world_bank(4)  forest(4)  zalaegerszeg(4)  nátrán(4)  olli_rehn(4)  gap(4)  communication(4)  mercedes(4)  pln(4)  deposit(4)  sanction(4)  templeton(4)  summit(4)  pszáf(4)  internet(4)  value-added_tax(4)  merrill_lynch(4)  forum(4)  balance_of_payments(4)  airport(4)  bnp_paribas(4)  utilities(4)  ash(4)  revenue(4)  fekter(4)  király(4)  power_plant(4)  state_aid(4)  oecd(4)  ipsos(4)  murder(4)  corporate(4)  armenia(4)  npl(4)  iraq(4)  medián(4)  brf(4)  slovakia(4)  downstream(4)  package(4)  agriculture(4)  expansion(4)  upstream(4) 

 
Our partners:
   
'; } ?>