Tag: rbs

Economists at the Royal Bank of Scotland have just concluded a “superb trip" to Budapest and on this occasion Timothy Ash, Global Head of Emerging Markets Research & Strategy, has written a brief... 

The replacement of Hungary’s chief aid negotiator announced by Prime Minister Viktor Orbán on Friday will be seen as a positive, commented Timothy Ash, economist at the Royal Bank of Scotland in... 

The European Commission should decide on the next steps on Hungary’s infringement issues on Wednesday and may signal progress towards the start of official loan negotiations. In fact, Citi analyst... 

(Adds comment by Erste, Citi, Raiffeisen) The Monetary Council of Hungary’s central bank (NBH) has left the base rate unchanged at its monthly policy meeting on Tuesday. The benchmark rate has been... 

EU Commissioner Olli Rehn has interrupted talks with Hungarian authorities in close co-ordination with the IMF on Friday. The reason why the delegations have walked away before their scheduled departure... 

Hungary’s Prime Minister Viktor Orbán said the country’s growth next year will be 0.5% at most instead of the currently projected 1.5%, adding that the budget will be “significantly overhauled"... 

The International Monetary Fund (IMF) is set to propose to Hungary a stand-by arrangement to ease its financial difficulties but with conditions attached, The Financial Times reported. Such a deal would... 

(Adds comment by HSBC on page3) Hungary’s central bank (NBH) has raised its key policy rate by 50 basis points to 6.50% on Tuesday, in line with expectations. The majority of the market was expecting... 

Hungary’s government may have to reverse its position on ruling out International Monetary Fund conditions in exchange for financial aid, Bloomberg reported on Wednesday, citing Barclays Plc, Goldman... 

There will be a technical recession in the Eurozone in the fourth quarter of 2011, which will have a substantial impact on Hungary through the trade channel, said Timothy Ash, Global Head of Emerging Markets...