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Orban to Attend EU Meeting in Spain

HUNGARY
  • Foreign Minister Szijjarto said that a decision by Ukraine to remove OTP from the International Sponsors of War list was "a step in the right direction", but the government wants a guarantee that the bank will not be returned to the list, MTI report.
  • Zoltan Kurali, the CEO of the Hungary’s debt management agency, said yesterday the government may tap international debt markets next year to finance a major infrastructure deal. He said the purchase “might come through” next year and that the government would look to raise FX debt for that, without specifying the target.
  • There is little else in the way of notable domestic news flow today.
  • Prime Minister Orban will attend an EU meeting in Granada, Spain. There are no major releases on the docket today. Industrial Production (Est: -2.9% y/y) will cross on Friday.

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