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PORTFOLIO.HU - Online Financial Journal - 20 latest news (Economy)
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Level of democracy is high in Hungary - Orbán

2016, október 14 - 08:40
The level of democracy is high in Hungary, Prime Minister Viktor Orbán told public radio MR1 on Friday morning. He addressed the recent amendment of the constitution he initiated so that the...
Kategóriák: Economy

State-owned bank launches HUF 44 bn loan programme for hotel business

2016, október 13 - 15:59
The state-owned Hungarian Development Bank (MFB) is to launch a 44 billion forint (EUR 143.6 mn) interest-free loan programme for “viable catering companies and projects with sound income...
Kategóriák: Economy

Hungary ties with Latvia in EU rankings of steepest housing price increases

2016, október 13 - 15:27
The prices of residential property purchased by households rose by 4.0% year on year on average in the second quarter of 2016, whereas the increase in the euro area was 2.9%, the Eurostat, the...
Kategóriák: Economy

Hungarian bonds sell like hotcakes

2016, október 13 - 12:13
Hungary’s Government Debt Management Agency (ÁKK) raised the allotted volume to the maximum on all three maturities at its biweekly auction on Thursday. The average yields, however, did not...
Kategóriák: Economy

Aldi to build 50-60 new stores, logistics base if gov't does not hamper plans

2016, október 13 - 10:03
The grocery chain Aldi plans to build 50 or 60 new stores and a logistics base in Hungary provided there are no government measures impeding it, the managing director of Aldi Magyarország Élelmiszer...
Kategóriák: Economy

Hungary is burning its FX reserves the quickest

2016, október 12 - 17:12
The steepest drop in foreign currency reserves since 2013 was in Hungary, J.P. Morgan said in a research note on Wednesday. The process is not necessarily damaging, since this was the period foreign...
Kategóriák: Economy

OECD map shows huge disparity between Hungarian regions

2016, október 12 - 16:53
The Organisation for Economic Co-operation and Development (OECD) has published a report on Hungary’s seven regions, revealing how they fared in terms of the different development indicators. ...
Kategóriák: Economy

Hungary cenbank ready to further limit 3-m deposit facility - minutes

2016, október 12 - 15:34
The Monetary Council of the Hungarian central bank (MNB) stands ready to apply a stronger limitation to its 3-month deposits if monetary conditions need to be loosened further to meet the inflation...
Kategóriák: Economy

Hungary debt manager puts off press conference, changes subject

2016, október 12 - 15:17
Contrary to original plans, Hungary’s Government Debt Management Agency (ÁKK) will hold a press conference on Friday instead of Thursday, and the subject of the event has also been changed, a...
Kategóriák: Economy

Masterpieces of Hungarian art are waiting for bidders

2016, október 12 - 15:05
Hungarian art is becoming more and more canonized both in art history and in auctions, however it still has affordable prices that could sign great investment for collectors. Therefore this week...
Kategóriák: Economy

Hungary seen revealing new debt management plans on Thursday

2016, október 12 - 14:51
György Barcza, chief executive of Hungary’s Government Debt Management Agency (ÁKK), is to hold a press conference on Thursday morning titled “New era in debt management", an emailed...
Kategóriák: Economy

Italian PM urges hardline stance on EU members rejecting relocation quotas

2016, október 12 - 14:09
Italy’s Prime Minister Matteo Renzi urged to take an “extremely tough stance" on European Union member states that have been the recipients of large EU funds yet they are trying to dodge...
Kategóriák: Economy

Political risk premium fading in Hungary, end-year EURHUF seen at 310-315

2016, október 12 - 12:09
The Hungarian forint seems to have found some resistance to its recent appreciation trend (following a rating upgrade back into investment territory in September) around levels of EUR/HUF 305. With...
Kategóriák: Economy

ANALYST VIEW - Hungary: still a sweet spot for easing, but caution is needed - BofA-ML

2016, október 12 - 11:15
The National Bank of Hungary will continue to make strong efforts to push the 3-month Bubor lower towards 60 basis points by the end of the year, Bank of America Merrill Lynch said in a research note...
Kategóriák: Economy

Hungary's industry fares poorly in summer, but autumn brings improvement

2016, október 12 - 09:01
Hungary’s industrial production grew by 1.6% month on month in August 2016, in line with the preliminary data, the Central Statistical Office (KSH) reported on Wednesday. This is good news in...
Kategóriák: Economy

Want to know how Hungary would have fared without EU funds?

2016, október 11 - 15:55
The investment supported to Hungary is estimated to have increased GDP in 2015 by just over 5% above the level it would have been in the absence of the European Union funding provided, a European...
Kategóriák: Economy

Want to know how Hungary would have done without EU funds?

2016, október 11 - 15:55
The investment supported to Hungary is estimated to have increased GDP in 2015 by just over 5% above the level it would have been in the absence of the European Union funding provided, a European...
Kategóriák: Economy

Hungarian gov't to wipe out billboard market then rebuild it for itself

2016, október 11 - 11:30
Whereas the Hungarian government put up anti-immigrant billboards all over the country in the months before the October referendum against the EU’s mandatory relocation quota, it now plans to...
Kategóriák: Economy

INSTANT VIEW - Hungary inflation swings back to positive territory on base effects

2016, október 11 - 10:50
Hungary’s inflation accelerated to 0.6% in September from -0.1% in August, largely in line with the consensus of analysts in a Portfolio poll (0.7%). Core inflation edged up to 1.4% from 1.2%. ...
Kategóriák: Economy

Hungary leaves negative inflation behind, Sept CPI +0.6%

2016, október 11 - 09:00
Hungary’s consumer prices rose 0.6% year on year in September, up from -0.1% in August. In monthly terms the CPI was up 0.2%, the Central Statistical Office (KSH) reported on Tuesday. The...
Kategóriák: Economy