Hungary, Factors to watch, Sept 5
BUDAPEST, Sept 5 (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 - Industry output, July (0700)
IN THE REGION
ROMANIA - Fitch Ratings sovereign rating action announcement
CZECH - Wages, Q2 (0700)
ROMANIA - Wages, July (0800)
POLAND - Cbank FX reserves (1200)
IN THE NEWS REUTERS
Loose monetary policy may limit CEE currency gains
The Polish zloty EURPLN= may gain more than 3 percent against the euro over the next 12 months as currencies in Central Europe firm up, a Reuters poll of analysts showed.
Hungary's banks must reimburse clients by February - lawmaker
Hungary will make banks repay borrowers by the end of February for loan charges the government and the courts have found unfair, a top lawmaker of the ruling centre-right Fidesz party said late on Wednesday.
Refunds could cost Hungary's banks 3 bln euros, taxes may be tweaked
Refunds to clients for unfair past lending practices could cost the banking sector in Hungary about 3 billion euros and the banks may get some "minor" relief from heavy taxes burdening them, Economy Minister Mihaly Varga said on Thursday.
Hungary plans no more FX bond issues this year and next
Hungary is not planning to issue any more foreign currency bonds this year and next year, Economy Minister Mihaly Varga told a conference of economists on Thursday in eastern Hungary.
Assets rise on dovish ECB, Polish central bank
Central European markets gained across the board on Thursday as the European Central Bank cut interest rates and announced plans for asset purchases to help the flagging euro zone economy, boosting demand for riskier assets. (Reporting by Marton Dunai)
