... PORTFOLIO.HU - Online Financial Journal
Hello,    SIGN OUT   NEWSLETTER    HUNGARIAN  

Narrow escape for forint just below 317 mark vs. euro

Friday morning firming was followed by a sudden beating for the Hungarian forint and the Polish zloty alike; European stock markets also lost some... 

Hungary c.bank: "Should another bank end up in a similar situation, we will not hesitate to take it over"

At least 80% of MKB assets are well-functioning; the bank is not insolvent, however the legal requirements (specified in the Bank Consolidation Act)... 

South Stream is dead. Should Hungary mourn or laugh?

Neither. The South Stream would not have solved much of Hungary’s problems. But neither will the... 

Hungary Fidesz appeal melts faster then ice in the desert sun

Support for Hungary’s ruling Fidesz party has shrunk considerably, whereas the approval rating... 

INSTANT VIEW - Hungary CPI drops 0.7% yr/yr in Nov, c.bank may revise stance

(Adds CPI comment, rate outlook by J.P. Morgan on page2) Hungary’s headline consumer price index... 

The chart that shows you which tobacco firms the Hungarian gov't likes

According to a law amendment proposal submitted to Parliament by an MP of the ruling Fidesz party, tobacco... 

Raiffeisen: "We are not in talks with the Hungarian government"

Raiffeisen Bank has been quick to deny claims of alleged talks with the government in Hungary or any... 

Hungary's MKB to come under c.bank control for bad asset cleanup

"Following the decisions by the Financial Stability Board, the National Bank of Hungary has today taken... 

Draconian media laws could drive TV2 out of Hungary

Commercial TV channel TV2 may move its largest channel out of Hungary next year, HVG.hu reported on Wednesday... 

Russian ruble in freefall - How is OTP affected?

Investors have been punishing OTP Bank for its exposure in Russia in the past few days. The main reason... 

Suzuki recalls cars made in Hungary due to air bag and engine issues

Several thousand Suzuki cars are being recalled by the Esztergom manufacturing plant in Hungary to replace... 

Russian panic grounds Hungarian blue chips

Trading on Tuesday was all about Russia and the plummeting ruble. CEE stocks with an exposure in Russia... 

How much trouble is there in Russia? - OTP exclusive to Portfolio.hu

Portfolio.hu has contacted OTP for a comment on the Russia situation, and how the weakening ruble is... 

FT covers Hungary's Sunday trading ban: "A referendum would be bound to fail"

"Large supermarkets in Hungary will be forced to shut their doors on Sundays," the Financial Times summed... 

Hungary to create banking giant by merging MKB and Budapest Bank

Budapest Bank and MKB Bank, both recently acquired by the state of Hungary, are set to be merged, business... 

Hungarian drugmaker Richter keeps buying own shares

Hungarian pharmaceutical company Richter issued instructions to acquire 600,000 treasury shares at the... 

MOL scores first victory against Croatia in legal struggle over INA

Hungarian energy group MOL has won the first battle in a long-standing dispute with Croatia's government... 

Hungary OTP loses one rival in race for Poland's FM Bank - sources

According to press reports, OTP Bank, Hungary’s largest bank by assets, is also interested in buying... 
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... 

President of Hungary Áder vetoes two new retail laws

President of Hungary János Áder has exercised his right not to sign two controversial acts of Parliament... 

National Bank of Hungary on HUF weakening, Russian crisis

The movements of the forint are aligned with the weakening of the Polish zloty, and both are the result... 

Hungary PM Orbán on Ukraine, Russia, Juncker package

Hungary's Prime Minister cautioned against hasty judgement of the Russian crisis and its potential consequences... 

Hungary employment driven only by public works programme

Average net wages in Hungary rose 3.3% year-on-year in October, the Central Statistics Office reported... 

2015 debt financing plan: Hungary to become more self-reliant

Hungary's plans to raise new foreign currency financing in 2015 are limited to residency bonds and the... 

HUF 32 bn worth of Hungarian bonds sold

The State Debt Management Agency (ÁKK) allocated a total of HUF 32 billion in two government security... 

News

Hungary's government could easily realise key 2014 goal

Hungary's 2014 budget deficit could be 2.5%, according to the central bank's latest Report on Inflation... 

Risks to inflation changed from upside to downside in Hungary's CPI report update

Hungary will be able to meet its CPI target without additional policy measures, the central bank's latest... 

Hungary PM Orbán, NBH chief Matolcsy on banks, forint, economy

Hungary's government has given instructions to the National Bank of Hungary to reorganise and consolidate... 

Lázár: Hungary has clandestine plans for Erste and Raiffeisen (Figyelő)

János Lázár, Minister in charge of the Prime Minister's Office in Hungary, described MKB as a "ransacked... 

What's happening in Hungary on Friday? Gas price cut, of course

As of Friday, Hungarian energy group MOL is lowering the wholesale price of both gasoline and diesel... 

Alert! Hungary forint at 315 vs. euro

The Hungarian currency was hit by another selloff wave on Wednesday afternoon amid a costantly changing... 

EcoMin Varga: Hungary's 2015 GDP growth could be faster if oil prices remain low

Assuming permanetly low oil prices, Hungary's economic growth could be as much as 0.5 to 0.6 percentage... 

Budapest-Belgrade fast train to become backdoor route for Chinese goods

Cooperation between the EU and China has reached a milestone with the signing of an agreement that will... 

Sunday work ban in manufacturing an obscene subject for discussion? In Hungary, not any more

There will be layoffs due to the Sunday shopping ban imposed by Hungary in legislation passed on Tuesday... 

Russia's wobbly economy a threat to Paks 2 nuclear project? Hungary seeks Western partner

The government in Hungary is looking to hire executives and subcontractors from Western Europe for the... 

INSTANT VIEW - Hungary's key policy rate stays put at 2.1%

As expected, no change was made to Hungary's 2.1% key policy rate at Tuesday's meeting of the rate-setting... 

Cenbank in Hungary loses no sleep over CPI undershooting threat

The current monetary conditions are consistent with Hungary's inflation target, the rate-setting Monetary... 

The future, as envisioned by Hungary's central bank

In the latest Report on Inflation, published on Tuesday, National Bank of Hungary significantly lowered... 

Forint at 3-month low amidst Russian currency crisis

A mini-storm shook up the Hungarian forint market on Monday morning and it developed into a massive tornado... 

Hungary leaves benchmark rate on hold as Russian events shake up markets

As expected, the benchmark rate of the National Bank of Hungary was left on hold at 2.1% on Tuesday.... 

Hungary has no problem selling T-bills near record-low yield

In the face of massive global turbulence in financial markets and the resultant weakening of the Hungarian... 

Hungary passes Sunday shopping ban law

On Tuesday, representatives in Hungary passed a controversial Sunday shopping ban affecting large-sized... 

Hungary Lázár promises wage hikes, career model to public servants

A civil servant career model will be adopted by Hungary in July 2016, hiking the wage of those working... 

Petrol price at extreme lows in Hungary in line with global trend

As of Wednesday (17th December), Hungarian energy group MOL is lowering the wholesale price of gasoline... 

Hungary EcoMin Varga gives press low-down on 2015 changes

Hungary's Economy Minister Mihály Varga and State Secretary Péter Banai briefed the press on Monday afternoon... 

Hungary approves 2015 budget (2)

Hungary's Parliament passed the 2015 budget and Budget Act on Monday, with 131 aye's and 62 nay's. The... 

Hungary's Orbán: toll system extension is to "protect" Hungarians, get revenues from foreigners

The key of the new county passes and the extension of the electronic toll system for the ring road around Budapest is that the government will protect... 

Hungary says South Stream pipeline only way to ensure gas supply

Hungary aims to start building its stretch of the Russian-backed South Stream gas pipeline next year despite European and U.S. opposition as it sees the... 

Ukraine is heading for sovereign default - Nicholas Spiro

The Russia-Ukraine crisis takes its toll no both parties in the conflict, but clearly Ukraine gets the short end of the stick, as it is practically heading... 
 

Managing non-paying office tenants


Ákos Becher, partner, DLA Piper International Law Firm 
 
 

       

Current Rates
MOL11,480(2.2%) 
MTELEKOM339(-0.6%) 
OTP3,755(1.3%) 
RICHTER3,401(0.9%) 


       

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:
   
'; } ?>