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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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Rate-setters of the National Bank of Hungary left base rate unchanged at 0.90% at a regular meeting.
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The International Monetary Fund (IMF) raised its projection for Hungary’s GDP growth this year to 4.6% in its fresh World Economic Outlook. The projection was raised from 3.6% in the previous forecast released in April.
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The income of foreign workers in Hungary grew 30% to a record HUF 278 billion last year, index.hu says.
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