Matolcsy sues Socialist MP
Central bank governor György Matolcsy has filed a civil lawsuit against opposition Socialist MP György Bárándy for impugning his integrity, the bank said on Tuesday. Matolcsy is demanding 1 million[…]
Central bank governor György Matolcsy has filed a civil lawsuit against opposition Socialist MP György Bárándy for impugning his integrity, the bank said on Tuesday. Matolcsy is demanding 1 million[…]
The National Bank of Hungary (NBH) is paying a HUF 50 billion dividend from last year’s earnings into the budget, the central bank has said, confirming a comment by governor[…]
The Monetary Council of the National Bank of Hungary kept the central bank’s key rate on hold at 1.35 percent on Tuesday. The decision was widely expected, after the rate-setters[…]
The payment of compensation for the victims of the Quaestor broker scandal began in mid-July. This does not mean that the complex story is over and done with. Although the[…]
Hungary can realistically expect an upgrade of its sovereign rating this year in view of the predictable and stable path it has taken after a stabilisation and monetary policy turnaround[…]
The actors on the financial markets have accepted that all hope is lost for the forint. When you look at the prognosis prepared by analysts, which is usually for the[…]
The global financial crisis of 2007/08 led to a social crisis that can be felt in the quality of life even in the richer countries. Hungary is no exception, despite[…]
The very few people in Hungary who receive their salary in euros said thank-you, the hundreds of thousands who have foreign-currency-denominated loans breathed a something-else-you, when the central bank announced[…]