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Disturbing VIDEO emerged of the murdered American woman’s last hours: she walked hand in hand with her alleged killer
Spontaneous euroisation continues in Hungary, expert says EUR 1 will cost HUF 500 soon
15/01/2016
Should the Forint give way to the Euro in Hungary?
Theoretically, Hungary might have fulfilled all the criteria that are necessary to change the country’s currency to Euro, but the government won’t even consider the common
[…]
15/01/2016
Business
01/01/2016
Forint firms 0.5pc to euro in year
Budapest, January 1 (MTI) – The forint firmed by 1.69 forints or 0.5 percent to the euro between the end of 2014 and 2015, MTI’s business
[…]
01/01/2016
Business
24/12/2015
Monetary Council assesses economic trends, prospects
Budapest, December 23 (MTI) – Hungary’s economic growth continued but a degree of unused capacity remained in the economy, and the domestic real economic environment continued
[…]
24/12/2015
Business
25/09/2015
NBH issues revamps HUF 20,000 banknote
Budapest September 25 (MTI) – The National Bank of Hungary (NBH) is issuing a reworked version of the 20,000 forint banknote on Friday, according to a
[…]
25/09/2015
Business
15/01/2015
Forint plunges against Swiss franc
Budapest, January 15 (MTI) – The forint plunged against the Swiss franc on Thursday morning after the Swiss National Bank said it was discontinuing its minimum
[…]
15/01/2015
Business
10/01/2015
You would not have thought but this is why the forint is falling
According to Index.hu, it is not Hungary who stands behind the falling of the forint but the euro. However,behind the weakening of the euro, there are
[…]
10/01/2015
Business
02/01/2015
Forint weakens 5.7 pc to euro in year
 Budapest (MTI) – The forint weakened nearly 18 forints or 5.7 percent to the euro between the end of 2013 and 2014, based on the last
[…]
02/01/2015
Business
10/11/2014
Ministry Passes Decision on Conversion of Forex Loans into Forint
Budapest (MTI) – Mortgages denominated in a foreign currency will be converted to forint-based loans at the average exchange rate since the supreme court’s relevant decision
[…]
10/11/2014
Business
01/09/2014
Hungary Banknotes to Get Revamp
Budapest, September 1 (MTI) – The National Bank of Hungary (NBH) today announced it would revamp the banknotes it issues in 2014-2018. The new banknotes will
[…]
01/09/2014
Business
29/08/2014
Forint Rate Impacted by Russia-Ukraine Conflict
Budapest, August 29 (MTI) – Fluctuations in the rate of the Hungarian currency on Thursday and Friday were clearly related to developments in the conflict between
[…]
29/08/2014
Business
05/08/2014
Forint Hits Annual Low Past 315 to Euro
Budapest, August 5 (MTI) – The forint weakened to a record level against the euro for the first time this year today afternoon. The Hungarian currency
[…]
05/08/2014
Business
30/04/2014
European Court: Hungary Court Can Overwrite Unfair Forex Loan Agreements
Brussels, April 30 (MTI) – National courts have the competency to replace unfair provisions in loan agreements in line with the laws of the given country,
[…]
30/04/2014
Business
05/03/2014
Hungarians keep more cash to avoid transaction fee and other taxes
Budapest, March 5 (MTI) – Hungarians kept a record amount of cash at the end of last year, which analysts say is likely to be linked
[…]
05/03/2014
Business
14/02/2014
Ministry of National Economy: Highest GDP growth in seven years
Hungary’s GDP growth in the fourth quarter of 2013 accelerated to 2.7 percent from 1.8 percent in the previous quarter, the Central Statistical Office (KSH) said
[…]
14/02/2014
Business
29/01/2014
Forint hits year-low against euro
Budapest, January 29 (MTI) – The forint traded at 309.90 against the euro at 2.30pm on Wednesday after sliding from around 304 per euro to 306.79
[…]
29/01/2014
Business
27/11/2013
Hungarian Central Bank Cuts Interest Rate – New Record Low
London South East news website said, Hungary’s central bank on Tuesday lowered its policy interest rate for the sixteenth consecutive month to a new record low,
[…]
27/11/2013
Business
19/10/2013
Bloomberg: Hungary Bond Yields Fall to Four-Month Low
Hungary’s 10-year bond yields fell to the lowest level in four months on speculation that continued stimulus from the Federal Reserve will allow the country’s central
[…]
19/10/2013
Business
02/10/2013
Forint Gains Fourth Day Leading Emerging Rally
Bloomberg said, the forint gained for a fourth day as data showed Hungary’s manufacturing expanded at the fastest pace in six months and on speculation the
[…]
02/10/2013
Business
23/09/2013
Budget 2014: inflation projected at 2.4% and budget deficit at 2.9%
The Ministry for National Economy drafted next year’s budget with a deficit of 2.9 percent and an inflation rate of 2.4 percent, Minister Mihály Varga stated
[…]
23/09/2013
Business
17/09/2013
The average salary 149 400 forint ( cca. 500 euro) in Hungary
Both gross and net wages increased in the first half of year, because in addition to a greater extent than inflation, so the real value of
[…]
17/09/2013
Business
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Budapest Mayor Karácsony reveals candidates for deputy positions
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Depreciation uncovered: Why has the Hungarian forint weakened so much in recent years?
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