TITLE

Mortgage Assistance Plan To Boost Consumption

PUB. DATE
August 2011
SOURCE
Emerging Europe Monitor: Central Europe & Baltic States;Aug2011, Vol. 18 Issue 8, p5
SOURCE TYPE
Country Report
DOC. TYPE
Article
ABSTRACT
The article presents an economic forecast from 2011 to 2015 in Hungary specifically on the use of the mortgage assistance plan to boost household consumption. The Hungarian government and the national banking association have permitted the foreign currency mortgage holders to use a more manageable exchange rate until 2015. The opportunity given to foreign currency mortgage holders have been anticipated to boost recovery in consumption and to end the moratorium on household foreclosures.
ACCESSION #
62524492

 

Related Articles

  • 3 Historical background and stylized facts in Hungary. Hajnal, Mihály; Molnár, György; Várhegyi, Judit // MNB Occasional Papers;Sep2015, Issue 121, p9 

    This section discusses the history of the transition of Hungary to market economy inflation. Topics discussed include the decline in inflation from 35 percent in 1991 to 10 percent in 1999, the introduction of inflation targeting in Hungary in June 2001, the degree of exchange rate pass-through...

  • 6 Conclusion. Hajnal, Mihály; Molnár, György; Várhegyi, Judit // MNB Occasional Papers;Sep2015, Issue 121, p21 

    The section provides empirical evidence on the degree of pass-through of exchange rate movements (ERPT) in Hungary following the 2007-2008 financial crises. Topics discussed include the factors that contributed to the decline in ERPT such as subdued demand and decline in inflation, a comparison...

  • HUF: High Yielder To Take A Hit.  // Emerging Markets Monitor;6/16/2008, Vol. 14 Issue 11, p14 

    The article reports on the prospects of the Hungarian forint. The currency has depreciated by 2.4 percent since June 2008, and is nearing its key support level at HUF248:�1. The exchange rate may hit 262:1 should the forint break through 250:1, predict the authors. Interest rate hikes by...

  • Exchange Rates: Outlook.  // Hungary Country Monitor;Mar2012, p11 

    The article forecasts the developments in exchange rates in Hungary in 2012. It suggests that the Forint remains vulnerable to various policy measures, despite government promises of fiscal reforms. It mentions that the Hungarian government is not rushing its entrance into the Eurozone as...

  • 1 Inflation and real economy outlook: 1.2 Real economy outlook.  // Quarterly Report on Inflation (Magyar Nemzeti Bank); 

    The article presents an economic outlook for Hungary for 2012 and 2013. It discusses the impact of slow global economic growth and the problems with the European banking system on the Hungarian economy. The article also considers the influence of increasingly constrained household and corporate...

  • HUF: Room For Further Appreciation.  // Emerging Markets Monitor;5/9/2011, Vol. 17 Issue 6, p16 

    The article reports on the expected better performance of the Hungarian forint against the euro for 2011. It mentions that the currency revealed a 4.9 percent appreciation versus the euro since the beginning of the year, when trading was at 278.02 Hungarian forints per euro. It cites the...

  • 3 Inflation and real economy outlook.  // Quarterly Report on Inflation (Magyar Nemzeti Bank);Aug2010, p41 

    The article provides an overview of the inflation of and real economy outlook on the economy of Hungary. It states that the domestic recovery may proceed lower than expected because of the announced government measures. The deterioration in the short-term inflation outlook is attributed to the...

  • Hungary. Birch, Andrew // Hungary Country Monitor;Mar2011, p39 

    The article forecasts the economic performance of Hungary for 2011. It anticipates the government to effectively enforce fiscal changes, and the household consumption growth to accelerate in accordance to the government's efforts in stimulating consumer spending. Charts are presented depicting...

  • Hungary. Birch, Andrew // Hungary Country Monitor;Apr2011, p39 

    The article forecasts the economic performance of Hungary for 2011. It anticipates the government to effectively enforce fiscal changes, and the household consumption growth to accelerate in accordance to the government's efforts in stimulating consumer spending. Charts are presented depicting...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics