Tag: crisis

Hungary's potential economic growth may fall short of 1% on an annual average between 2010 and 2013, the National Bank of Hungary said in the Growth section of its inflation report published on Thursday.... 

Hungary is planning to rely on market sources for finance and use sources flexibly, the State Debt Management Agency's (ÁKK) long-term financing plan revealed. The ÁKK plan is to source EUR 4 billion from... 

Having completed a review of Hungary's OTP Bank and OTP Mortgage Bank, Moody's Investors Service has reconfirmed ratings in line with a decision on November 25, OTP said on Monday. Moody's put OTP on... 

Although the mortgage prepayment plan is slowing Hungary’s economy down, the CEE region as a whole is still offering the best growth opportunities to banks, ING Bank’s regional CEO Alexander... 

All but one of the European Union’s 27 member states have agreed after a marathon all-night talk to join forces under a new treaty and with more rigorous fiscal rules they will try to solve the euro... 

After marked depreciation after market opening Hungary’s forint has started to stabilise versus the euro in the morning and on the back of a number of favourable news from abroad and a very good... 

The forint’s depreciation is inconsistent with the state of the Hungarian economy, said Ferenc Gerhardt, one of the (relatively) new members of the central bank’s Monetary Council. Since his... 

The audience of the Budapest Economic Forum conference, which hosted key local and international policymakers to discuss the economic outlook for Hungary and worldwide, have been asked about one of the... 

It would be “foolish and suicidal" if Hungary tried to isolate itself from the Eurozone, as it will also need to take part in finding a solution for the bloc’s woes, said Development Minister... 

By Attila Weinhardt “My take on the government’s communication is that they know it would be playing with fire if fiscal discipline was abandoned. The government is simply not in the position... 

Hungary will have the crisis taxes phased out as of 2013, an Economy Ministry deputy state secretary confirmed earlier reports on Tuesday. Péter Benő Banai, deputy state secretary at the Economy Ministry... 

Hungary must break out of the vicious circle created by households’ foreign currency debts, said Prime Minister Viktor Orbán, adding that economic policy is forced into a state of impasse because...