BUDAPEST/BERLIN The leader of Germany's conservatives said she expected Hungarian Prime Minister Viktor Orban's Fidesz party would quit Europe's main centre-right group after he withdrew support for the bloc's candidate to head the European Commission.
BUDAPEST, April 30 The National Bank of Hungary
left interest rates unchanged and reiterated its accommodative
policy stance on Tuesday although economists project a slow
increase in official rates this year and next because of strong
BUDAPEST Hungary would benefit from having another major domestic bank, the head of MKB Bank said on Friday, without shedding light on whether MKB would bid for Budapest Bank, which was put up for sale this year.
MAD, Hungary A Hungarian winemaker in the Tokaj region known for its golden dessert wine is selling a vintage for $40,000 a bottle, hoping to revive the royal heritage of a wine revered by kings and connoisseurs. | Video
* Aims to mitigate risks of interest rate changes for
BUDAPEST Hundreds of Hungarians marched through central Budapest in a "silly walk" parade on Monday, copying flamboyant moves from British comedy group Monty Python's famous television sketch to mark April Fools' Day. | Video
BUDAPEST, March 28 Balanced risks to Hungary's
inflation outlook mean monetary loosening and tightening are
both options as the central bank's next step, Deputy Governor
Marton Nagy said on Thursday, just two days after a limited
BUDAPEST, March 28 Financial markets were
pricing in more rate hikes than justified, Hungarian central
bank Deputy Governor Marton Nagy said on Thursday after a
limited tightening move by the bank earlier this week sent the
forint to two-month-lows against the euro.
* C.bank raises overnight deposit rate by 10 bps to -0.05
BUDAPEST Around 1,000 people rallied outside the Hungarian Academy of Science (HAS) on Thursday to protest against government moves to overhaul the institution, which scientists say is the latest threat to academic independence.