Finance

Investment Funds Assets Climb 3pct to HUF 3,668 Billion in August

Assets in Hungarian investment funds grew 3.1pct to HUF 3,668 billion at the end of August from a month earlier, the Hungarian Association of Investment Funds and Asset Managers (BAMOSZ) said on September 15.


PRESS MONITOR

International news sources report on Hungarian economics and banking issues.


Deliotte Research: 63 Hungarian Companies among the Top 500 of the CEE Region

International consultancy firm Deloitte listed 63 Hungarian companies among the 500 largest in the CEE region.


Hungary's GDP will be around 1pct – GKI

According to GKI Economic Research Co. and Erste Bank, the rate of growth will be around 1pct due to the rapid expansion of exports and the improvement of domestic demand.


PRESS MONITOR

International news sources report on Hungarian economics and finance.


Fourth Purchase of Mortgage Bonds in the Primary Market

Under the mortgage bond purchase program announced by the Monetary Council on February 8, 2010, the MNB has made its fourth purchase of mortgage bonds in the Hungarian primary market.


Central Bank Forecasts Fourth-Quarter Inflation Better than Expected

Hungary will record inflation at 3.6pct in the fourth quarter of 2010 and 3.3pct in the first quarter of 2011, the National Bank of Hungary (NBH) said in its quarterly inflation report on August 25.


Think Tank Says Export-Driven Growth Will Hit 1 Pct

According to the forecast of GKI Economic Research Co. prepared in co-operation with Erste Bank, the mostly exports driven GDP growth rate will be approximately 1 pct.


PRESS MONITOR

Guardian
To Viktor Go the Spoils: How Hungary Blazes a Trail in Europe.


Hungary Posted a Budget Surplus of HUF 36.1 Billion in July

Hungary posted a budget surplus of HUF 36.1 billion in July. The January–July balance shows a HUF 997.5 billion deficit, which is 114.6 pct of the full-year target.


News Monitoring