59 result(s) for financial impact in Business
Budget 2014: Inflation Projected At 2.4% And Budget Deficit At 2.9% In Hungary
- 23 Sep 2013 1:00 AM
- business
The Ministry for National Economy drafted next year’s budget with a deficit of 2.9 percent and an inflation rate of 2.4 percent, Minister Mihály Varga stated on Sunday. The Minister also disclosed that the Ministry calculated the 2014 Budget without revenues from the advertisement tax and the below 3 percent deficit target will be attainable even without that. “I anticipate only slight ...
CEU Business School: Getting Businesses Involved In Solving Social Problems
- 8 Mar 2013 8:00 AM
- business
It might not be possible to estimate the amount that substance abuse costs businesses and governments. Yet this undeniable burden remains a sensitive issue that has not been effectively dealt with on national or global levels. Gergely Radacsi, a researcher at CEU's Center for Business and Society, part of CEU Business School, was driven by personal experience of the devastation of substance abuse ...
New Fiscal Plans In Hungary Hit OTP Shares Hard
- 24 Oct 2012 9:00 AM
- business
OTP shares plunged as much as 9% at one point yesterday after Economy Minister Gyorgy Matolcsy announced that the bank tax would remain in full effect next year, and that the tax on financial transactions would be doubled to 0.2%.
European Banking Supervision – Enikő Győri Speaks About Hungary’s Doubts
- 14 Sep 2012 12:00 PM
- business
In an interview given to Dow Jones on 12 September 2012, Minister of State for EU Affairs Enikő Győri said that Hungary has doubts concerning the European Commission’s proposal to grant supervisory powers over banking in the eurozone to the European Central Bank (ECB).
Inflation Jumps To 5.6% In Hungary, Beats Forecasts
- 17 Jul 2012 9:00 AM
- business
Inflation stood at 5.6% in June, above analysts’ forecasts, after rising 5.3% year-on-year in May, the Central Statistics Office announced last week. Core inflation, stripping out the impacts of energy and food prices, was 4.9%. The spike in consumer prices was due to higher taxes, including VAT and excise taxes, analysts said. Excluding these effects, inflation rose 3.4% year-on-year in June.
Nokia Plans Changes To Its Manufacturing Operations In Hungary
- 8 Feb 2012 8:09 AM
- business
"Nokia has today announced planned changes at its factories in Komarom, Hungary, Reynosa, Mexico and Salo, Finland. The measures follow a review of smartphone manufacturing operations that Nokia announced last September and aim to increase the company's competitiveness in the diverse global mobile device market.
Energy, Telco Tax Could Impact On Hungary's MOL
- 5 Oct 2010 1:00 AM
- business
"Analysts expect the rumoured windfall tax on energy and telecommunication firms to be levied for more than a year, Napi Gazdasag writes. The government intends to charge these sectors a supplementary tax, similar to the bank tax, according to market rumours, although the planned duration is unknown.
Hungary’s Last Summer Week Of Full Of Market Excitement
- 23 Aug 2010 2:00 AM
- business
"The coming week will see an abundance of macro data and business news expected to set market trends and give investors a direction. Real estate market stats stand out among high-impact US news, along with a Q2 report on economic performance in the United States. In Hungary, each day of the week will bring new excitement, starting with Monday’s interest rate decision.
Hungarian Households Act Mysteriously
- 23 Aug 2010 1:00 AM
- business
"Hungary’s budget is not on the right tract, gross government debt is already 83% of gross domestic product, while households started to save up surprisingly vehemently and abruptly, these are the main features the central bank’s (NBH) latest report on financial accounts showed.
Budget 2014: Inflation Projected At 2.4% And Budget Deficit At 2.9% In Hungary
- 23 Sep 2013 1:00 AM
- business
The Ministry for National Economy drafted next year’s budget with a deficit of 2.9 percent and an inflation rate of 2.4 percent, Minister Mihály Varga stated on Sunday. The Minister also disclosed that the Ministry calculated the 2014 Budget without revenues from the advertisement tax and the below 3 percent deficit target will be attainable even without that. “I anticipate only slight ...
CEU Business School: Getting Businesses Involved In Solving Social Problems
- 8 Mar 2013 8:00 AM
- business
It might not be possible to estimate the amount that substance abuse costs businesses and governments. Yet this undeniable burden remains a sensitive issue that has not been effectively dealt with on national or global levels. Gergely Radacsi, a researcher at CEU's Center for Business and Society, part of CEU Business School, was driven by personal experience of the devastation of substance abuse ...
New Fiscal Plans In Hungary Hit OTP Shares Hard
- 24 Oct 2012 9:00 AM
- business
OTP shares plunged as much as 9% at one point yesterday after Economy Minister Gyorgy Matolcsy announced that the bank tax would remain in full effect next year, and that the tax on financial transactions would be doubled to 0.2%.
European Banking Supervision – Enikő Győri Speaks About Hungary’s Doubts
- 14 Sep 2012 12:00 PM
- business
In an interview given to Dow Jones on 12 September 2012, Minister of State for EU Affairs Enikő Győri said that Hungary has doubts concerning the European Commission’s proposal to grant supervisory powers over banking in the eurozone to the European Central Bank (ECB).
Inflation Jumps To 5.6% In Hungary, Beats Forecasts
- 17 Jul 2012 9:00 AM
- business
Inflation stood at 5.6% in June, above analysts’ forecasts, after rising 5.3% year-on-year in May, the Central Statistics Office announced last week. Core inflation, stripping out the impacts of energy and food prices, was 4.9%. The spike in consumer prices was due to higher taxes, including VAT and excise taxes, analysts said. Excluding these effects, inflation rose 3.4% year-on-year in June.
Nokia Plans Changes To Its Manufacturing Operations In Hungary
- 8 Feb 2012 8:09 AM
- business
"Nokia has today announced planned changes at its factories in Komarom, Hungary, Reynosa, Mexico and Salo, Finland. The measures follow a review of smartphone manufacturing operations that Nokia announced last September and aim to increase the company's competitiveness in the diverse global mobile device market.
Energy, Telco Tax Could Impact On Hungary's MOL
- 5 Oct 2010 1:00 AM
- business
"Analysts expect the rumoured windfall tax on energy and telecommunication firms to be levied for more than a year, Napi Gazdasag writes. The government intends to charge these sectors a supplementary tax, similar to the bank tax, according to market rumours, although the planned duration is unknown.
Hungary’s Last Summer Week Of Full Of Market Excitement
- 23 Aug 2010 2:00 AM
- business
"The coming week will see an abundance of macro data and business news expected to set market trends and give investors a direction. Real estate market stats stand out among high-impact US news, along with a Q2 report on economic performance in the United States. In Hungary, each day of the week will bring new excitement, starting with Monday’s interest rate decision.
Hungarian Households Act Mysteriously
- 23 Aug 2010 1:00 AM
- business
"Hungary’s budget is not on the right tract, gross government debt is already 83% of gross domestic product, while households started to save up surprisingly vehemently and abruptly, these are the main features the central bank’s (NBH) latest report on financial accounts showed.