Eszter Gargyan

Forint Heads for First Weekly Drop in Four on Central Bank Shift

The forint headed for the first weekly drop in four on speculation that an overhaul of policy instruments announced by Hungary’s central bank President Gyorgy Matolcsy will loosen monetary conditions.

Orban Democracy Clash With EU Spares Election Poll Lead

The European Union is worried about the rule of law in Hungary and the economy there is stuck in recession. Prime Minister Viktor Orban is doing his best to turn that to his advantage in next year’s election.

Matolcsy Opts Against Bazooka in Hungary Funding for Growth Plan

Hungary’s central bank soothed investor concern that it would embark on large-scale unconventional stimulus under new President Gyorgy Matolcsy, a critic of the previous monetary-policy leadership.

Hungary Raises Rate-Cut Threshold in Matolcsy Surprise

Hungary’s central bank tightened the conditions for monetary easing after cutting borrowing costs to a record low, signaling a cautious approach at new head Gyorgy Matolcsy’s first rate decision that boosted the forint.

Hungary Raises Rate-Cut Threshold in Matolcsy Surprise

Hungary’s central bank tightened the conditions for monetary easing after cutting borrowing costs to a record low, signaling a cautious approach at new head Gyorgy Matolcsy’s first rate decision that boosted the forint.

Orban May Expand Hungary Rate-Setter Body, Citigroup Says

Hungarian Prime Minister Viktor Orban will probably expand the central bank’s rate-setting Monetary Council as the board prepares to channel cheap loans into the recession-hit economy after a new Magyar Nemzeti Bank president is selected, Citigroup Inc. said.

Orban Casts Doubt on IMF Deal in Bid to Exit EU Fiscal Curbs

Prime Minister Viktor Orban cast doubt on Hungary’s prospects for an International Monetary Fund loan as he visited Brussels to persuade officials to free his government from European Union budget shackles.

Hungary May Cut Main Rate to 6% on IMF, Citigroup Says

Hungary may cut the European Union’s highest benchmark interest rate “significantly” once the government obtains a bailout from the International Monetary Fund and the EU, Citigroup Inc. said.

Hungary’s Inflation Accelerates to EU’s Fastest, Pressuring Central Bank

Hungary’s inflation accelerated to the fastest pace in the European Union last month, which Citigroup Inc. said may force the central bank to delay cutting the 27-nation bloc’s highest interest rates.

Hungary Cuts Rates as Central Bank Warns on Policy Tools

Hungarian policy makers cut the main interest rate for a sixth month, helping to ease investor uncertainty over a change in the central bank’s leadership with a warning on the use of new monetary-policy tools.

"With the latest gain in Fidesz popularity, the government would likely ensure a simple majority in the parliament if elections were held today, even if opposition parties formed an alliance."

- Eszter Gargyan on Apr 19, 2013

Hungary

Viktor Orban

U.S. Stocks Little Changed as Investors Weigh Output Data

Singapore Police Accessed Todd’s Hard Drive, FBI Says

Industrial Production in U.S. Falls by Most in Eight Months

Squeezed Tesla Bears Buying $276 Million Hand Musk 146% Gain

Google Is Said to Plan Music Service That Rivals Spotify