Latest articles from Hungary

The euro: a path worth taking

The euro: a path worth taking?

January 2, 2013

The eurozone's troubles of the past few years have meant that the headlines have been dominated by those countries deemed likely to leave the currency union. However, there are EU members that still wish to sign up to euro membership. The question is, why?

teaser Hungarys economic woes play into local hands

Start-ups benefit from Hungarian banking sector woes

March 13, 2012

High non-performing loan ratios and stringent, ever-changing government policies have put foreign-owned banks in Hungary under pressure. As established players change their footing, allocating a larger proportion of their funds abroad, a number of smaller local outfits are moving in to capitalise on the potential of niche markets.

Keep a balanced view on Hungary

February 1, 2012

The international community should not use the threat of financial ruin to overrule Hungary's democratically elected government.

Hungary's unorthodox solution to a European economic problem

May 4, 2011

Hungary's prime minister, Viktor Orban, describes how the country's dire economic situation has required some unusual short-term solutions to run alongside more conventional long-term budgetary management.

Eastern Europe gives Asia a run for its money

February 16, 2011

Erste Group CEO Andreas Treichl is comfortable that his Austrian bank represents a call option on prospects in central and eastern Europe.

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Counting the changes

September 29, 2010

Promising much, the new Hungarian government has won few fans in the banking sector, with the scale of its new bank tax dwarfing similar plans in the UK and Germany. Writer Thomas Escritt

Putting on a brave face

May 5, 2009

A fall in the exchange rate has caused problems for borrowers in foreign currency. But moderate loan-to-value ratios and high levels of capital should see the banks through. Writer Nick Kochan

Winners and losers in the downturn

January 5, 2009

One of the world’s fastest-growing regions during the boom years, eastern Europe became one of the major victims of the credit crunch as aggressive lending strategies turned sour. But there are still plenty of banks in a position to thrive. Writer Jan Cienski in Warsaw.

Peripheral but a pool of potential

June 2, 2008

Banks have made little impact on the Hungarian economy. Is that what is keeping US players interested in the market? Nick Kochan reports.

A reformist with an appetite for honesty

November 5, 2007

Ferenc Gyurcsany, Hungary’s prime minister, tells Karina Robinson how he plans to rein in public spending yet confound the polls and get re-elected .

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