Tag: reuters

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Hungary FinMin reveals details about new retirement bond

November 22, 2018, 3:08 pm
Hungary plans to launch a new retirement bond to complement already available retirement savings programmes on the market, such as private pension funds, Finance Minister Mihály Varga confirmed in an interview... 

ECB to assess six Bulgarian banks, including unit of Hungary's OTP

November 13, 2018, 9:23 am
European Central Bank (ECB) will conduct a comprehensive assessment of six Bulgarian banks as part of the Balkan country’s bid to join the European Union’s banking union, Reuters cited Bulgaria’s... 

Budapest to become BlackRock's largest EU office after Brexit

October 24, 2018, 11:01 am
BlackRock, the world’s largest asset manager, will keep its biggest European operation and regional headquarters in Britain after Brexit, moving “only very few" roles to expanded offices in... 

Payment of EU funds to Hungary could be delayed - Commission source

September 20, 2018, 12:14 pm
A dispute between Hungary and the European Commission about some EU-funded projects may not be settled this year which could delay payments from the EU, a Commission source told Reuters on Wednesday. ... 

Merkel ally warns Hungary's Orbán not to cross red lines

May 28, 2018, 4:30 pm
Hungarian Prime Minister Viktor Orbán risks triggering a crisis in his Fidesz party's relationship with the European Union's centre-right parties over laws they charge infringe civil liberties, an ally... 

Blackstone buys majority stake in Thomson Reuters business

January 31, 2018, 9:29 am
U.S. private equity firm Blackstone Group LP is to acquire a majority stake in the Financial and Risk business of Thomson Reuters Corp. for 20 billion US dollars, catapulting itself into the major leagues... 

Verbal intervention by Hungary's cenbank to a strong forint

August 24, 2017, 10:46 am
The statement released by the Monetary Council of the Hungarian central bank (MNB) clearly confirmed that the MPC will stand ready to ease monetary conditions further, using unconventional, targeted instruments... 

Hungary will not change laws condemned by European Parliament

May 24, 2017, 1:28 pm
Hungary will not withdraw its laws on asylum seekers, foreign universities and non-governmental organizations, which were slammed by the European Parliament last week, Foreign Minister Péter Szijjártó... 

Hungary base rate could remain on hold until 2019 or even longer

May 24, 2017, 9:28 am
Hungary's base rate could remain unchanged until 2019 or even longer, central bank (MNB) Deputy Governor Márton Nagy told Reuters, adding that inflationary expectations were anchored at a very low level... 

Hungarian EcoMin promises new assistance for troubled mortgage holders

May 31, 2016, 5:00 pm
Hungary plans to set up a special vehicle to handle non-performing mortgages that burden banks' books, part of its efforts to encourage lending and spur the economy after a weak first quarter, Economy... 

Hungary is a new star performer, as Polish appeal fades

May 27, 2016, 11:35 am
Poland's image as eastern Europe's flagship economy is fast being eroded by a more unorthodox mix of policies that the Warsaw government would argue has helped to turn nearby Hungary into a star performer... 

Market reluctant to forecast major forint weakening

April 11, 2016, 10:08 am
The zloty and the forint may face a shaky next few months due to policy risks in Poland and monetary easing in Hungary, a Reuters poll of 44 analysts showed. According to the regular quarterly poll, however... 

Hungary EcoMin Varga thinks Fitch upgrade unlikely, report scheduled for 10 p.m.

November 20, 2015, 11:00 am
Hungary's Economy Minister Mihály Varga is not expecting Fitch Ratings to restore Hungary's investment grade rating on Friday, the minister said on public television channel M1 on Friday morning. Fitch... 

OTP Bank not interested in Hungary's MKB Bank privatisation

October 28, 2015, 10:44 am
OTP Bank is not interested in buying a share in state-owned MKB, Hungary's largest bank told Reuters on Wednesday. Hungary is looking to sell at least 51% of MKB Bank by the end of December in an international... 

Banks in Hungary doubt truce with gov't will last, cautious on lending outlook

April 17, 2015, 9:07 am
Hungary’s Prime Minister Viktor Orbán and central bank (MNB) managing director Márton Nagy both have said the reduction of the bank tax should be conditional to increased lending, although an agreement... 

Investors in Hungary can expect four more "bumpy years" - Reuters poll

March 20, 2014, 11:41 am
Opinion polls show Hungarian Prime Minister Viktor Orbán’s centre-right Fidesz party will comfortably win a majority in Parliament at the April election and be able to keep governing. It is not yet... 

Hungary turns “fragile five" into “shaky six" - Reuters

February 12, 2014, 2:36 pm
In a fresh analysis on central and eastern Europe and specifically its weak points, Reuters found that although the region may have weathered the latest emerging markets squalls better than most, Hungary... 

Hungary benchmark interest rate could go as low as 2.5% - Dep.Gov.

January 9, 2014, 1:41 pm
The National Bank of Hungary (NBH) has room to lower interest rates further to possibly as low as 2.5% and while it said in December that it could slow the pace of easing, this is not a done deal, its... 

What did Csányi really say about Hungary's MKB Bank?

December 5, 2013, 12:32 pm
As the chief of Hungary’s OTP Bank was not cited entirely accurately by news agencies on his responses to questions about the bank’s acquisitions plans, we need to adjust our report as follows.... 

Hungary central bank could go further with rate cuts - Reuters poll

October 28, 2013, 9:28 am
Analysts have lowered estimates for the level at which the National Bank of Hungary's rate cut cycle could eventually bottom out, according to the latest Reuters poll. Expectations for rate-setters to... 
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