julia kiraly
July 27, 2010, 09:38 CET
Hungary's bank levy is black sheep, says rate-setter
Planned or existing bank levies in most countries serve to establish financial stability, while the tax in Hungary aims to plug the budget gap, National Bank of Hungary deputy governor Julia Kiraly said in an interview with origo.hu on Monday.... [read complete entry]
July 08, 2010, 09:41 CET
Monetary Council vote 6:1 to keep rate on hold
The National Bank of Hungary's Monetary Council voted 6:1 to keep the base rate on hold at 5.25pc at a rate-setting meeting on June 21, the condensed minutes of the meeting published on Wednesday show. The only other option put... [read complete entry]
June 30, 2010, 11:49 CET
Central banker says extraordinary tax to weaken Hungary's banks
The introduction of an extraordinary tax for banks -- especially its size -- will reduce banks' capital and liquidity reserves as well as their ability to withstand shocks, National Bank of Hungary deputy-governor Julia Kiraly told MTI on Tuesday. The... [read complete entry]
October 27, 2009, 02:09 CET
National Bank vice-governor says more room for rate-cutting
Hungary's central bank vice governor said at the weekend there is still room for a further easing of monetary policy after a 50 basis-points cut -- altogether 250 basis points over the past four months -- to 7pc in the... [read complete entry]
May 14, 2009, 05:08 CET
Central banker warns big interest rate cut would cause forint crash
A big cut in Hungarian interest rates would lead to a currency crisis, deputy chair of the central bank Julia Kiraly said at a conference on Thursday. The Monetary Council of the central bank voted unanimously on April 20 to... [read complete entry]
October 08, 2008, 03:48 CET
National Bank stresses stability of Hungarian financial system
In the National Bank of Hungary's assessment, Hungary's financial system and its banking system are stable. The central bank and its partner institutions, including financial market watchdog PSZAF stand, however, ready to take all measures if necessary, NBH deputy-governor Julia... [read complete entry]
October 03, 2008, 08:54 CET
Hungarian gov't, central bank stand behind banking system
Though Hungary's banking system has no direct exposure to the "poison assets" at the source of the global financial crisis, the government and the National Bank of Hungary are standing behind the country's banks, just as other EU governments and... [read complete entry]
September 17, 2008, 03:29 CET
International financial crisis unlikely to hit Hungary, says central bank official
National Bank of Hungary vice president Julia Kiraly essentially shrugged off the latest international financial market crisis, at least as far as it would affect Hungary.... [read complete entry]