Tag: bloomberg

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Hungarian and Austrian banks seen widening footpring in the Balkans

November 27, 2018, 11:37 am
Bank sales in the former Yugoslav republics have started to pick up. Austrian and Hungarian lenders may be among bidders for stakes, Bloomberg reported. The news agency’s article had the following... 

Corporate takeover appetite hits four-year low

October 8, 2018, 9:26 am
A record wave of mergers and acquisitions could slow sharply as dealmakers get spooked by rising geopolitical concerns, according to a survey by Ernst & Young LLP, Bloomberg reported on Monday. Corporate... 

Hungary fares poorly in health care efficiency rankings

September 24, 2018, 11:47 am
Hungary is on the 42nd spot in a Bloomberg Health Care Efficiency ranking, which marks a drop of nine places compared to the previous list published a year ago. All countries in Central and Eastern Europe... 

Hungary plans panda bond sale, FinMin says

September 6, 2018, 5:21 pm
Hungary is looking to sell its second bond on the domestic Chinese market in as many years, encouraged by foreign demand for its debt during an emerging-markets selloff, Bloomberg cited Finance Minister... 

Hungary forint could be hit the hardest by U.S.-China trade war - analysts

July 17, 2018, 11:16 am
The Swiss franc and Scandinavian currencies are among the most vulnerable to the escalating trade war between the United States and China, according to analysts at Danske Bank. The franc, Danish krone... 

Hungary Mol eyes further expansion in CEE

June 21, 2018, 4:36 pm
Hungarian fuel group Mol is looking to further expand its service-station network and expects is consumer business EBITDA to grow by 12% in 2018, the group’s new Chief Operating Officer Péter Ratatics... 

Hungary plans no major fiscal stimulus package - EcoMin

May 29, 2018, 5:23 pm
Investors expecting the injection of big-ticket fiscal stimulus from Hungary’s newly elected government are going to have to wait, Finance Minister Mihály Varga told Bloomberg in an interview on... 

MKB chief sees listing of up to 30% stake on Budapest bourse

May 24, 2018, 11:05 am
MKB Bank Zrt., Hungary’s fifth-largest lender, plans to sell as much as a 30% stake on the Budapest Stock Exchange (BSE) to meet terms of a European Union-sanctioned bailout, Chief Executive Officer... 

Populist Orbán or not, Hungary could become a real safe haven

April 16, 2018, 11:48 am
Despite the common denominator of having populist governments in power, there are huge differences in terms of political risks between Poland and Hungary, as well as between Turkey and Russia, and this... 

EU could spark global bank crisis if it thwarts Brexit deal, UK warns

January 10, 2018, 10:25 am
The European Union risks opening the door to another global financial crisis if it refuses to give London’s bankers a good trade deal, two senior U.K. ministers warned in a joint article for a German... 

Hungary's monetary easing becomes worldwide sensation

December 6, 2017, 10:27 am
The National Bank of Hungary (MNB) is joining the quantitative easing era just as major global counterparts such as the U.S. Federal Reserve look to leave it, Bloomberg reported on Wednesday. It seems... 

Massive job cuts planned by Siemens may benefit Hungary

October 20, 2017, 8:58 am
Siemens AG is starting what could be its largest round of job cuts in at least two years and may close several sites as part of a reorganization plan, people familiar with the matter said. The downsizing... 

Hungary is not a bad place to feed your vices

June 21, 2017, 10:48 am
Bloomberg has made the following map, showing how cheap or expensive it is in different countries to indulge in a weekly habit of drugs booze and cigarettes. Bloomberg has tallied up the cost of a generic... 

Brexit-fed two-speed EU may cause eastern unrest - Hungarian EcoMin

February 28, 2017, 8:59 am
Hungary’s Economy Minister Mihály Varga is concerned that Brexit may precipitate the creation of a two-speed European Union, which would threaten the development of eastern members outside the euro... 

Hungary jumps three spots in Bloomberg Innovation Index

January 17, 2017, 10:18 am
Nordic countries must be doing something right: Sweden, Finland and Denmark all advanced to higher rankings in the 2017 Bloomberg Innovation Index, which scores economies using factors including research... 

Hungary becoming a sort of Potemkin economy

December 16, 2016, 11:48 am
On the surface, for an outsider the Hungarian economy may look hunky-dory, but it is deteriorating inside like a Potemkin economy, Bloomberg reported in a story about Hungary on Friday. Experts talking... 

Hungary c.bank needs to revisit no-cut stance after surprise upgrade

September 26, 2016, 3:11 pm
A surprise credit upgrade is poised to send Hungary’s forint to peaks not seen since early 2015, potentially forcing an about-face at the nation’s central bank, according to the most accurate... 

Hungary is not the black sheep anymore

July 15, 2016, 11:24 am
Brexit sparked a rout in the currencies of eastern Europe and the suffering of Poland’s zloty is the most apparent three weeks after the UK referendum. Although the PLN definitely needs healing forecasters... 

Hungary cenbank may have a special tool to keep forint in check

April 15, 2016, 2:37 pm
Hungary may be only months away from introducing a cap on the forint, similar to the one imposed in the Czech Republic, if lowering the key policy rate as low as 0% fails to stem the strengthening of the... 

Hungary may complete purchase of Erste stake by June - Varga

January 7, 2016, 3:36 pm
Hungary may complete the purchase of a 15% stake in Erste Bank’s local unit by June, said the country’s Economy Minister. Mihály Varga also told Bloomberg in an interview on Wednesday that... 
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