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The European Union budget proposal put forward by the outgoing European Commission is “unfair”, Prime Minister Viktor Orbán said in Prague after the Friends of Cohesion summit held together with Visegrad Group leaders.
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Launching the euro “was a mistake” as almost none of the preconditions for a common currency had been met at the time, György Matolcsy, the governor of Hungary’s central bank, said in an article published in the Financial Times.
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Old Ft 500 bank notes (pictured on top) will cease to be legal tender after October 31, the MNB warned on Wednesday.
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Insurance brokers expect an average 15% increase in compulsory vehicle insurance fees (Casco), according to spokesman Lajos Papp of the Independent Insurance Brokers Association.
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NAV is cancelling half of its penalty for unpaid taxes if the amounts due are paid without dispute, the tax authority announced on Thursday.
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OTP Bank shares ended trading on the Budapest Stock Exchange on Tuesday at a record high of Ft 13,540, an increase of 1.3%, on strong volume.
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