: :inin Kyiv (EET)

No pressure, no severity

The Monetary Council of the Hungarian National Bank cut the base interest rate by another 15 points at its June meeting, with an end result of 1.5%. This is another “high” score in the who-knows-how-long series. However, it is still not the end of the reduction cycle.
The most recent reduction seemed like a done deal, until storm clouds gathered in the past few days due to the “Grexit” scenario (that`s “Greek exit”, to the laymen). When the Greek government finally gave in, the doubts disappeared: the National Bank (MNB) base interest rate was cut by another 15 points to 1.5% …read more

Source: The Budapest Times

World press about Ukraine

World press about Ukraine

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