Section: Hungary
Soros receives Order of Freedom award
Hungarian-born business magnate and philanthropist George Soros has been awarded the Order of Freedom by Ukrainian President Petro Poroshenko, online news daily kyivpost.com reported late yesterday. …read more Source: Budapest Business...
Ukraine resumes gas deliveries from Hungary
Deliveries of gas from Hungary to Ukraine resumed in October following a one-month hiatus, Ukrainian transmission system operator Ukrtransgaz said yesterday. …read more Source: Budapest Business...
Ukraine resumes moderate level of gas imports from Hungary
Ukraine will resume gas imports from Hungary, albeit at low volumes, Hungarian news agency MTI reported yesterday, citing Interfax-Ukraine. …read more Source: Budapest Business...
Lázár and Giró-Száz tight-lipped on Ukraine
Benjamin NovakLázár and Giró-Száz tight-lipped on Ukraine Minister Overseeing the Office of the Prime Minister János Lázár and state secretary for government communications András Giró-Szász today held their last marathon press conference for the month of July. The Great Fence of Hungary Lázár said the government plans on erecting two types of...
No pressure, no severity
The Monetary Council of the Hungarian National Bank cut the base interest rate by another 15 points at its June meeting, with an end result of 1.5%. This is another “high” score in the who-knows-how-long series. However, it is still not the end of the reduction cycle. The most recent reduction seemed like a done deal, until storm clouds gathered...
Lázár says Hungary under attack from neighbors
Benjamin NovakLázár says Hungary under attack from neighbors At the Hungarian parliament’s national security committee meeting on Tuesday, János Lázár, whose ministry is in charge of the country’s clandestine services, said the Information Office must step up against “anti-Hungarian activities” taking place in Ukraine, Romania, and...
OTP Bank raises capital at Ukrainian subsidiary
OTP Bank on Friday said a capital increase to UAH 3,668,186,135 (€155 mln) from UAH 2,868,190,521 (€121 mln) was registered at its Ukrainian subsidiary, state news agency MTI reported. …read more Source: Budapest Business...
Hungarian, Ukrainian business leaders meet in Kiev
More than 300 business representatives and experts from Hungary and Ukraine participated at a business conference in Kiev today, Hungarian news agency MTI reported. …read more Source: Budapest Business...
Analyst: Upcoming months will tell why Templeton sheds debt
Emerging Market specialist Franklin Templeton Investments could have reduced its Hungarian debt exposure to compensate its losses in Ukraine, and has so far caused no substantial market tension, CIB analyst Mariann Trippon told the Budapest Business Journal today. …read more Source: Budapest Business...
Analyst: Upcoming months will tell Templetonʼs intentions
Emerging Market specialist Franklin Templeton Investments could have reduced its Hungarian debt exposure to compensate its losses in Ukraine, and has so far caused no substantial market tension, CIB analyst Mariann Trippon told the Budapest Business Journal today. …read more Source: Budapest Business...
