Tag: eurozone

At the end of the third quarter of 2011, the government debt to GDP ratio in the euro area (EA17) stood at 87.4%, down compared with 87.7% at the end of the second quarter of 2011. In the EU27 the ratio... 

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... 

The appreciation of the US dollar vs. the euro on Tuesday was a clear sign of markets' growing risk aversion. The same trend affected the Hungarian forint as well; the national currency has become weakened... 

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 worsened outlook on the Eurozone has made a limited impact on the Hungarian economy in the third quarter, when the country’s gross domestic product grew by almost 1.0%, the consensus forecast... 

A whistle stop tour of Hungary (speaking at Portfolio.hu’s Budapest Economic Forum) and Warsaw, clarified a number of important issues, said Peter Attard Montalto, economist at Nomura International... 

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 the most pressing... 

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...