Keyword: debt

Results: 119

Poland’s debt at PLN 826 bln in March

As at the end of March 2013, Poland’s total debt was 1.3% higher than in the previous month and stood at PLN 825.79 billion (€197.7 billion or $253.5 billion).
EconomyWednesday, 12:35, May 22., 2013 Read more

PSzÁF head says government's exchange-rate limit should be permanent

The government is continually examining every viable means of reducing the exposure of Hungary's population to foreign currency debt, but it is not planning to take any permanent measures, the National Economy Ministry told MTI.
EconomyMonday, 17:30, May 13., 2013 Read more

Gov’t raises interest subsidy for SME credit linked to EU-supported investments

The government has raised the interest subsidy on Széchenyi Investment Credit, a co-financing or pre-financing loan for SMEs who have won European Union investment grants, from 2% to 5% from May 1.
EconomyMonday, 14:35, May 13., 2013 Read more

More than 150,000 debtors avail exchange-rate limit through March

More than 150,000 borrowers with loans denominated in foreign currencies entered the government's temporary exchange-rate limit program through the end of March.
EconomyFriday, 10:40, May 10., 2013 Read more

Macedonia borrows $180 mln to cover budget gap

The Macedonian government on Wednesday started to borrow €138.4 million ($180 million) from domestic banks and funds to cover its budget deficit.
EconomyThursday, 09:35, May 9., 2013 Read more

Fewer households plan to borrow

Hungarian households' plans to make big purchases were unchanged in the first quarter compared to three months earlier, but fewer intend to take out personal loans to finance purchases.
EconomyWednesday, 12:00, May 8., 2013 Read more

Troubled foreign currency borrowers could be moved to state-owned homes

State-owned homes or properties that can be converted into homes have been surveyed in recent weeks to see which buildings could be transferred to the National Asset Manager (NET), which provides assistance to troubled foreign-currency borrowers.
EconomyTuesday, 14:35, May 7., 2013 Read more

MNB seeks partners among banks to reduce external debt

EconomyWednesday, 17:35, April 24., 2013 Read more

Solving FX credit problem requires alternative banking system

PoliticsMonday, 14:05, April 15., 2013 Read more

Hungary could renew part of FX debt to support MNB plan

ungary's state debt management agency ÁKK could support central bank plans to help the economy by renewing some of its expiring foreign currency debt in forint-denominated bonds
FinanceFriday, 10:40, April 12., 2013 Read more

14% of small, mid-sized businesses have unpaid loans

Only about 14% of Hungarian SMEs and microbusinesses have outstanding loans, according to a survey by BellResearch commissioned by Budapest Bank.
BusinessThursday, 11:50, March 14., 2013 Read more

Varga vows to boost confidence and stability in economy

Hungary's new economy minister, Mihály Varga said his main aims were "stability, predictability and strengthened confidence"
EconomyTuesday, 11:50, March 12., 2013 Read more

MNB sees state debt remaining over 50% threshold in 15 years

Bringing Hungary's state debt under the cap in the new Constitution would require higher than expected economic growth, lower financing costs or additional measures to improve the fiscal balance, MNB said.
EconomyMonday, 08:00, February 25., 2013 Read more

Varga: Hungary can repay maturing debt next year

Hungary can repay its maturing debt next year, if conditions remain unchanged, Mihaly Varga, the country's chief negotiator in talks on a financial backstop from the International Monetary Fund and the European Union, said on public television on Monday.
EconomyMonday, 13:00, December 3., 2012 Read more

State to take over HUF 95 bln-100 bln of local council debt this year

The state will take over all of the debt of local councils in communities with populations under 5,000 before the end of this year, state secretary for local governments András Tallai said.
EconomyFriday, 12:10, November 16., 2012 Read more

Stronger forint supports fall in state debt

Hungary's state debt as a percentage of GDP could fall further this year, mainly because of the firming forint, Government Debt Management Agency (ÁKK) deputy-CEO László András Borbély said.
EconomyTuesday, 11:40, August 7., 2012 Read more

Corporate, retail lending stock drops on revaluations in June, MNB

Households were net depositors of HUF 60.6 billion.
BusinessTuesday, 14:10, July 31., 2012 Read more

Hungary among six EU members registering drop in gov’t debt in Q1 - Eurostat

Hungary was one of six European Union member states registering a decrease in their government debt ratio in the first quarter of 2012 and among four countries recording a yr/yr decrease, the EU statistical office Eurostat said on Monday.
EconomyMonday, 15:20, July 23., 2012 Read more

Central government to acquire assets and debt of 70 hospitals

The central government already had acquired the ownership rights of seven municipality-owned hospitals in January 2012.
EconomyTuesday, 12:45, April 24., 2012 Read more

Parliament asks government to examine possibility of introducing personal bankruptcy

The request is part of a parliamentary resolution on various government measures necessary to prevent Hungary's population from accruing massive fx debt.
EconomyWednesday, 16:05, April 4., 2012 Read more
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