Hungary needs to change the EU, not leave it – PM Orban
Hungarian Prime Minister Victor Orban attends a roundtable during the summit between leaders of the European Union (EU) and the...
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Hungary central bank seen defying government pressure to accelerate rate cuts
BUDAPEST, Nov 17 (Reuters) - The National Bank of Hungary is expected to cut its base rate by another 75 basis points to 11.5% (HUINT=ECI) next Tuesday, a Reuters poll showed, with the bank under pressure from Prime Minister Viktor Orban's government to reduce rates more sharply.With the European Union's highest inflation rate declining, from a high of 25% in the first quarter to a lower-than-forecast 9.9% last month, the NBH has cut borrowing costs by a combined 575 bps since May to 12.25% - still the EU's highest benchmark.Hungary...
EU poised to propose extending energy crisis measures – official
Gas flames of a cooker are pictured in a private home, as Russia's invasion of Ukraine continues, in Bad Honnef...
European shares end the week higher as bond yields slide on rate cut bets
A TV presenter gets ready for the daily reporting from the floor of the German share price index DAX at the stock exchange in Frankfurt, Germany, November 15, 2023. REUTERS/Staff/File Photo Acquire Licensing RightsMarkets price in 100-bps rate cuts in 2024Moody's Italy rating review dueVolvo Cars shares drop to record low as Geely trims stakeSTOXX 600 up 1.0%, adds 2.8% this weekNov 17 (Reuters) - European shares rose on Friday, boosted by financials and healthcare, ending the week higher on growing optimism that central banks will aggressively cut interest rates...
ECB supports creation of global standards for AT1 bonds
Holders of $17bn of Credit Suisse's AT1 bonds had their holdings wiped out as part of the historic takeover of...
LSEG CEO urges progress in UK pension cash shift to companies
A street cleaning operative walks past the London Stock Exchange Group building in the City of London financial district, whilst...
France makes case for Paris to host new EU dirty money watchdog
European Union (EU) flags fly in front of the headquarters of the European Central Bank (ECB) in Frankfurt, Germany, July...
EU reaches deal to stop sending waste to countries that can’t process it
Trash is pictured following heavy rainfalls in Bad Neuenahr-Ahrweiler, Germany, July 15, 2021. REUTERS/Wolfgang Rattay/File Photo Acquire Licensing RightsPARIS, Nov...
Morning Bid: Treasury yields dive as oil craters, economy softens
A trader works on the floor of the New York Stock Exchange shortly before the closing bell as the market...
EU regulators to challenge banks on loan provisioning
European Union flags fly outside the EU Commission headquarters in Brussels, Belgium September 19, 2019. REUTERS/Yves Herman/File Photo/File Photo Acquire...
