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Hungary needs further steps to meet debt target - c.bank chief

May 15, 2012, 12:21 pm
In a speech made at a conference organised by the State Audit Office on Tuesday, the Governor of Hungary’s central bank (NBH), András Simor, said that in the Bank’s technical projection assuming... 

Hunagry c.bank needs to be "extremely cautious" due to "bumpy" IMF talks - Karvalits

May 14, 2012, 9:23 am
Ferenc Karvalits, Deputy Governor of Hungary’s central bank (NBH) said the government’s aid talks with the IMF is an important factor for monetary policy, but by far not the only one. He said... 

Hungary c.bank can start careful rate cuts once aid talks with IMF begin - rate-setters

May 9, 2012, 8:56 am
Hungary's central bank (NBH) could start carefully reducing interest rates after the government begins talks with international lenders on a new loan to stabilise the country's indebted economy, two policy... 

Hungary international reserves grow agin in April - c.bank

May 7, 2012, 10:02 am
After decreasing for three consecutive months Hungary’s international reserves grew again in April, the central bank (NBH) has announced on Monday. According to the preliminary figures, Hungary’s... 

Hungary c.bank fears credit crunch, sees massive foreign funds outflow

April 26, 2012, 12:44 pm
The Monetary Council of Hungary’s central bank (NBH) says the risk of a severe credit crunch, mainly in the corporate segment, has increased recently, given the weakening in the banking sector’s... 

Hungary c.bank keeps rates on hold, as expected

April 24, 2012, 2:00 pm
The rate-setting body of Hungary’s central bank (NBH) has decided on Tuesday for the fourth consecutive month to keep the key policy rate unchanged at 7.00%. This has not surprised anyone on the... 

No rate cuts in Hungary until there's only waiting for an IMF credit deal - Portfolio.hu Poll

April 24, 2012, 8:00 am
Hungary’s central bank will leave its key policy rate unchanged at 7.00% on Tuesday, according to analysts’ consensus estimate in a Portfolio.hu poll. They say the Monetary Council has no reason... 

ANALYST VIEW - Hungary central bank law amendments risk freeze in aid talks - Citi

April 19, 2012, 11:56 am
Amendments of Hungary’s central bank bill submitted to Parliament on Tuesday may risk the freeze in loan aid negotiations, Citi said in a research note on Thursday. Last week the European Central... 

ECB says rules hurting Hungary c.bank independence still in place

April 12, 2012, 5:25 pm
The European Central Bank (ECB) has on Thursday disclosed its opinion on the latest amendments to Hungary’s Central Bank Act. Economy Minister György Matolcsy’s sent a letter to ECB President... 

No rate cut in Hungary until risk perception, inflation outlook improve greatly - Simor

April 12, 2012, 9:09 am
Hungary’s March inflation data, which was published on Wednesday, were in line with the central bank (NBH) staff’s projection, said András Simor, Governor of the NBH, at a conference on Wednesday.... 

Hungary international reserves ebb to 12-month low

April 6, 2012, 1:36 pm
Hungary’s international reserves decreased by EUR 128 million to EUR 34.642 billion by the end of March, according to preliminary figures published by the central bank (NBH) on Friday. This is the... 

Hungary LTRO-QE-lite shows muted interest as expected

April 3, 2012, 4:08 pm
The National Bank of Hungary (NBH) has accepted HUF 56 billion worth of bids in its first tender of two-year collaterised loans. The low take up is no surprise, although interest was even smaller than... 

Hungarian response to EU concerns leaked

April 3, 2012, 2:47 pm
The Hungarian government does not wish to expand the central bank’s (NBH) Monetary Council and appoint a third Deputy Governor while the current Governor, András Simor, leads the Bank, the cabinet... 

Hungary c.bank new 2-yr lending facility to have minimal mkt impact - Poll

April 2, 2012, 4:56 pm
Hungary’s commercial banks are expeced to bid for HUF 50-100 billion worth of the central bank’s (NBH) new two-year loan facility at the Bank’s first such tender on Tuesday, economists... 

Hungary c.bank can cut rates once risk perception is much better, risk premium drops - Karvalits

March 30, 2012, 10:46 am
Hungary’s central bank (NBH) sees no room to lower its key policy rate, the highest in the European Union, until risk perceptions improve, NBH Deputy Governor, Ferenc Karvalits, told Dow Jones in... 

Hungarian economy on a diet (2)

March 30, 2012, 9:11 am
(Adds details, charts) Hungary’s net external financing capacity (i.e. the combined surplus on its current and capital accounts) amounted to EUR 835 million (HUF 254 billion) in the fourth quarter... 

Hungary c.bank sees economic stagnation, inflation stuck at high levels

March 29, 2012, 10:39 am
The National Bank of Hungary (NBH) has on Thursday published the March 2012 issue of its Quarterly Report on Inflation. The projection is for inflation to be significantly above the Bank’s inflation... 

Hungary knows the conditions to the aid talks, the ball is in its court now - IMF

March 28, 2012, 12:38 pm
The Hungarian cabinet “knows very well" what conditions it should need to meet to start formal credit negotiations with the International Monetary Fund (IMF). “The ball is in the government’s... 

Hungary c.bank continues to protest to amendments to Central Bank Act

March 28, 2012, 11:25 am
The National Bank of Hungary (NBH) continues to object to the amendments made by the government to the Central Bank Act, including the expansion of the Monetary Council and the appointment of a new Deputy... 

Hungary c.bank staff ups CPI prognoses considerably (2)

March 27, 2012, 3:12 pm
(Adds chats, analyst comment) The National Bank of Hungary (NBH) has raised its projection for annual average inflation in 2012 to 5.6% from 5.0% forecast last December. In the quarterly Report on Inflation... 
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Latest news

11:38 | OECD lowers growth, budget deficit forecasts for Hungary

10:23 | Hungary aid negotiator designate Varga wants achievable conditions in IMF/EU credit deal (2)

09:48 | ANALYST VIEW - ING ups target price, keeps 'Sell' rating for Hungary's Richter

09:16 | Hungary EcoMin to appoint deputy state secretary Nátrán to lead Eximbank - paper

08:00 | Selling companies, in a recessive environment? (x)

16:51 | Hungary to buy 8,000 properties from non-paying FX mortgage borrowers in 2012

16:10 | Government measures exhaust Hungarian unit of KBC, K&H Bank Q1 profit plummets

14:18 | AAA Auto triples net profit in the first quarter of 2012

11:04 | Hungary plans no Eurobond issue before IMF/EU credit deal - ÁKK Dep.CEO

09:19 | Opel expects production boom, headcount increase in Hungary

08:35 | No more new taxes in Hungary - state secretary

16:51 | EBRD revises GDP estimate for Hungary upward, sees mild recession in 2012

16:27 | ANALYST VIEW - Hungary seeks to avoid IMF deal or at least loosen conditions - Citi

15:59 | ANALYST VIEW - Hungary commitment to seal IMF deal remains questionable - RBS

15:23 | "Negative buzz" around Hungary over new taxes

14:41 | Hungary Parliament nods on new telecom tax, Telenor to deflect levy on clients

13:38 | Hungarians will take half of their bank deposits abroad if transaction tax remains unchanged - Patai

13:27 | Hungary Magyar Telekom CEO buys 42,000 company shares

09:27 | Hungary PM wants to suspend party subsidising from state budget in 2013-14

09:01 | Hungary real wages drop 5.2% yr/yr in March (2)

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