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THE NATIONAL BANK OF HUNGARY
Charting the global economy: Inflation hits incomes and spendingGlobal economies face rising inflation and slowing consumer spending. In the US, incomes are squeezed, pushing savings rates down. Europe s...- Global Market: Emerging markets face mounting economic pressure amid Iran war disruptionsThe Iran war's economic ripple effect is hitting emerging markets hard, two months on. Rising inflation, trade disruptions, and fiscal stra...
- Why European Union's wartime loan is vital lifeline for cash-strapped UkraineUkraine has secured a vital 90 billion euro European Union loan. This funding will sustain its wartime efforts. The loan arrives at a criti...
- India received highest number of regressive tax recommendations from IMF: OxfamAn Oxfam report highlights the International Monetary Fund's (IMF) tax advice. India received the most regressive recommendations between 2...
- Once inspired by Orban, Hungary's Peter Magyar unseats him in landmark electionPeter Magyar's Tisza party has defeated Viktor Orban's Fidesz in Hungary's parliamentary election, ending Orban's 16-year rule. Magyar's pr...
- Donald Trump's anger with Europe has a definite upsideThe Iran crisis is reshaping America's ties with European allies, leading to a significant shift in the transatlantic relationship. Europea...
- Agnes Keleti, world's oldest Olympic champion, dies at 103Agnes Keleti, the world's oldest Olympic champion and Holocaust survivor, has died at the age of 103. According to Hungarian daily Nemzeti ...
- EU bans most Russian oil, sanctions alleged Putin girlfriendThe sanctions -- the sixth wave imposed by the 27-nation bloc since the Kremlin launched the invasion in February -- include cutting Russia...
- Smartkarma Research: Which EM currency has suffered the most since Russia’s invasion of Ukraine?Moreover, the cross-correlations within the EM currency universe have increased during this period, which is indicative of a broad risk-off...
- Suzuki's Hungarian factory suspends car exports to Russia and UkraineCentral Europe is facing the economic fallout that has followed Russia's invasion of Ukraine on Feb. 24, including from harsh Western sanct...
- Operation Ganga: Flight carrying around 200 Indian citizens stranded in Ukraine reaches Delhi from RomaniaThe Indigo special flight departed from the Romanian capital Bucharest on Wednesday (local time) under Operation Ganga.
- Russia's Sberbank to leave European market in face of cash outflowsThe bank, which is set to unveil 2021 financial results later in the day, said it was no longer able to supply liquidity to European subsid...
- Central banks giving much-needed boost to gold demandThe Russian Central Bank for six consecutive years has bought gold as it continues to diversify away from US dollars.
- Egypt seeks India's help to learn the ropes of SME financingThe visit to India was in collaboration with the India Institute of Banking and Finance to garner expertise of the India's progress in deve...
- EU's emerging economies shine in Q1, shrug off UkraineThe data showed that in the first 3 months the region's economies were not affected by the Ukraine crisis and benefited from a strong perfo...
- Hungary's tough new laws worry other EU countriesInsiders, meanwhile, say that senior officials of the European Commission - the EU government - are extremely displeased both with Orban's ...
- G-20: India prefers tighter financial rules to EU-style bank taxIndia on Monday favoured tighter financial regulations, as opposed to an European Union proposal to tax banks to pay for future crisis, to ...
- Germany rejects bailout plan for east EU nationsGermany rejected appeals on Sunday for a single multibillion euro (dollar) bailout of eastern Europe, even after Hungry begged EU leaders n...
- Hungary to get $25.1 billion in IMF-led aid dealThe news drove the benchmark BUX stock index to close up by a massive 14 percent and pushed the Hungarian currency the forint higher agains...
- IMF announces 20-bn-euro rescue package for HungaryA group of donors led by the International Monetary Fund announced they would loan 20 billion euros (25 billion dollars) to Hungary, which ...
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