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1 – 10 of 124The NBP is not cutting interest rates further partly because of tensions with Prime Minister Donald Tusk’s pro-EU government, following the defeat of the nationalist Law and…
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DOI: 10.1108/OXAN-DB285741
ISSN: 2633-304X
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The unexpected decision adds significant momentum to Central Europe’s monetary easing campaign, which began in May when Hungary’s National Bank (MNB) reduced its benchmark rate…
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DOI: 10.1108/OXAN-DB282310
ISSN: 2633-304X
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Lower wholesale natural gas prices have improved balance-of-payments and fiscal positions and driven down inflation rates in Central Europe (CE). Financial markets are pricing in…
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DOI: 10.1108/OXAN-DB276156
ISSN: 2633-304X
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The attempt to bolster the forint with a hefty rate rise shows a severe loss of confidence in Hungary’s economy. The highest inflation rate since 1996, the energy shock from the…
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DOI: 10.1108/OXAN-DB273612
ISSN: 2633-304X
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A combination of surging inflation, a looming recession, a record-high current account deficit and plans to spend GBP150bn (USD172bn) to cap energy prices is creating emerging…
The ECB stopped buying more government bonds under the pandemic-emergency-purchase-programme (PEPP) at the end of March and the asset-purchase-programme (APP) on July 1. Spreads…
Passage from speculative to investment grade (IG) would mark the end of the sovereign debt crisis besetting the country since 2009. The upgrade would lower government borrowing…
HUNGARY: Markets will test defence of currency
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DOI: 10.1108/OXAN-ES273438
ISSN: 2633-304X
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The economy is on track to grow by 5.3% year-on-year in 2022, outperforming market expectations for the second year in a row. In a sign of its recovery, Greece left the EU's…
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DOI: 10.1108/OXAN-DB273640
ISSN: 2633-304X
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UK policy has become the key example of policy failure. Although that mayhem stems largely from domestic vulnerabilities, the underlying problems -- policymakers’ efforts to…