Adam

Monetary developments in the euro area: October 2022

Annual growth rate of broad monetary aggregate M3 decreased to 5.1% in October 2022 from 6.3% in September Annual growth rate of narrower monetary aggregate M1, comprising currency in circulation and overnight deposits, decreased to 3.8% in October from 5.6% in September Annual growth rate of adjusted loans to households decreased to 4.2% in October from 4.4% in September Annual […]

The European Parliament Has Voted: They Do Not Give Money to Hungary

The European Parliament has adopted the resolution that qualifies the Hungarian government’s commitments, which it made in the conditionality procedure to obtain EU funds, as insufficient. 573 members of the European Parliament participated in the vote, 416 voted for it, 124 voted against it, and 33 members abstained.