Hungary, Factors to watch, Dec 17
BUDAPEST Dec 17 (Reuters) - Following is a list of events in Hungary and the region, as well as news stories and press reports which may influence financial markets.
(For any queries: Budapest editorial +36 1 327 4745)
WHAT IS HAPPENING IN HUNGARY (ALL TIMES GMT)
BUDAPEST - National Bank of Hungary holds rate setting meting. Decision at 1300 GMT. Statement at 1400 GMT.
BUDAPEST - 3month treasury bill auction (1030)
IN THE REGION
CZECH - CNB monetary policy meeting
POLAND - employment and wages data
IN THE NEWS REUTERS
UPDATE 2-Hungary's top court hands banks reprieve on forex loans
BUDAPEST, Dec 16 (Reuters) - Hungary's supreme court ruled on Monday that banks are not to blame for borrowers losing out on foreign currency loans, reducing the risk that the government will make lenders foot the bill for a massive relief scheme.
POLL-Hungarian rates seen reaching lower floor, below 3 pct
* Analysts see 20 bps cut to new low of 3 pct on Tuesday
* Market view of floor in easing cycle edges down to 2.8 pct
BUDAPEST, Dec 12 (Reuters) - Hungary's central bank will keep cutting its base rate below a previously flagged 3 percent floor which it will reach next week, a Reuters poll of analysts predicted on Thursday.
CEE MARKETS 2-OTP, forint jump as court dispels fears over banks
BUDAPEST, Dec 16 (Reuters) - The shares of Hungary's biggest lender, OTP, surged almost 3 percent on Monday in a sharp rebound as a court ruling dispelled fears that foreign currency loan contracts could be declared void en masse.
Hungary to decide on new utility price cuts in Jan -lawmaker
Hungary's ruling Fidesz party will decide on a new round of cuts in household utility rates in January, parliamentary group leader Antal Rogan said late on Saturday.
Hungary's Richter buys into distribution firm in Brazil
BUDAPEST, Dec 16 (Reuters) - Hungarian drugmaker Richter has bought a 51 percent stake in Brazil's Next Pharma to register and distribute its female healthcare products in the South American country, Richter said in a statement on Monday. (Reporting by Krisztina Than)
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