254 result(s) for aid in Business
Hungarian Gov’t Throws Lifeline To Brokerage Victims
- 10 Apr 2015 9:00 AM
- business
The government will provide Ft 2 billion in the coming days to 84 local governments that lost money in the Buda-Cash brokerage scandal to help them pay for salaries and welfare transfers, PMO Minister János Lázár announced yesterday.
Individuals In Hungary Hoard Cash, Shun Banks
- 3 Apr 2015 9:00 AM
- business
Individuals have closed over 430,000 bank accounts over the last two years and 280,000 in 2014 alone, reports Világgazdaság. As a result, the number of private bank accounts dropped to 9.4 million, the lowest figure since 2010.
Thousands Of Brokerage Jobs In Danger In Hungary
- 2 Apr 2015 9:00 AM
- business
The jobs of some 3,700 employees in 229 companies linked to the bankrupt brokerages Buda-Cash and Hungária Értékpapír are in danger, corporate data provider Opten said in a report issued yesterday. The affected companies were also active in public procurement tenders and over the last three years secured Ft 2.5 billion in EU subsidies.
BUX Q1 Index Hits Almost 4-Year High
- 1 Apr 2015 9:00 AM
- business
The BUX index rose 18.4% in the first quarter to reach over 20,000 points, its highest level since the summer of 2011. OTP Bank saw its share prices increase the most. The stock rally gained speed after the government signed an agreement with EBRD and Erste Bank to gradually cut the bank tax, thus boosting profits at OTP.
Hungary Sells Gas To Ukraine Cheap
- 24 Mar 2015 8:00 AM
- business
The average price charged by Hungary for natural gas sold to Ukraine in January was $324 per 1,000 cubic metres, less than the $336 charged by Russia, according to Russian sources. Hungary sold 389.8 million cubic metres of gas to Ukraine in January for a total of $126.3 million.
No Compensation For Quaestor Clients
- 12 Mar 2015 8:00 AM
- business
The Investor Protection Fund (BEVA) is set to pay out its largest compensation ever, which may exceed its present budget of Ft 12 billion, to clients of collapsed brokerage Buda-Cash, Világgazdaság writes. So far, the largest amount of money paid out to victims of bankrupt brokerages came in 1999, when London Broker went belly-up.
Russia Bans Hungarian Poultry Due To Bird Flu
- 5 Mar 2015 8:00 AM
- business
Russia has imposed a ban on Hungarian poultry after a strain of bird flu was identified last week at a farm in Békés county. More than 100,000 ducks were slaughtered on the weekend as the outbreak was contained.
EC Unhappy With Low Tax On Pálinka In Hungary
- 2 Mar 2015 8:00 AM
- business
The European Commission has again launched an infringement procedure regarding Hungary’s excise tax regulation on home-made pálinka. Hungary has not properly complied with the Commission’s ruling of last spring, tax and customs spokeswoman Vanessa Mock told state news agency MTI.
Norbi Update Hit By Buda-Cash Scandal
- 25 Feb 2015 8:00 AM
- business
Shares in Norbi Update dived 6% on Tuesday morning, as Buda-Cash was the lead manager of the nutrition supplement company’s IPO last autumn.
Hungarian Gov’t Throws Lifeline To Brokerage Victims
- 10 Apr 2015 9:00 AM
- business
The government will provide Ft 2 billion in the coming days to 84 local governments that lost money in the Buda-Cash brokerage scandal to help them pay for salaries and welfare transfers, PMO Minister János Lázár announced yesterday.
Individuals In Hungary Hoard Cash, Shun Banks
- 3 Apr 2015 9:00 AM
- business
Individuals have closed over 430,000 bank accounts over the last two years and 280,000 in 2014 alone, reports Világgazdaság. As a result, the number of private bank accounts dropped to 9.4 million, the lowest figure since 2010.
Thousands Of Brokerage Jobs In Danger In Hungary
- 2 Apr 2015 9:00 AM
- business
The jobs of some 3,700 employees in 229 companies linked to the bankrupt brokerages Buda-Cash and Hungária Értékpapír are in danger, corporate data provider Opten said in a report issued yesterday. The affected companies were also active in public procurement tenders and over the last three years secured Ft 2.5 billion in EU subsidies.
BUX Q1 Index Hits Almost 4-Year High
- 1 Apr 2015 9:00 AM
- business
The BUX index rose 18.4% in the first quarter to reach over 20,000 points, its highest level since the summer of 2011. OTP Bank saw its share prices increase the most. The stock rally gained speed after the government signed an agreement with EBRD and Erste Bank to gradually cut the bank tax, thus boosting profits at OTP.
Hungary Sells Gas To Ukraine Cheap
- 24 Mar 2015 8:00 AM
- business
The average price charged by Hungary for natural gas sold to Ukraine in January was $324 per 1,000 cubic metres, less than the $336 charged by Russia, according to Russian sources. Hungary sold 389.8 million cubic metres of gas to Ukraine in January for a total of $126.3 million.
No Compensation For Quaestor Clients
- 12 Mar 2015 8:00 AM
- business
The Investor Protection Fund (BEVA) is set to pay out its largest compensation ever, which may exceed its present budget of Ft 12 billion, to clients of collapsed brokerage Buda-Cash, Világgazdaság writes. So far, the largest amount of money paid out to victims of bankrupt brokerages came in 1999, when London Broker went belly-up.
Russia Bans Hungarian Poultry Due To Bird Flu
- 5 Mar 2015 8:00 AM
- business
Russia has imposed a ban on Hungarian poultry after a strain of bird flu was identified last week at a farm in Békés county. More than 100,000 ducks were slaughtered on the weekend as the outbreak was contained.
EC Unhappy With Low Tax On Pálinka In Hungary
- 2 Mar 2015 8:00 AM
- business
The European Commission has again launched an infringement procedure regarding Hungary’s excise tax regulation on home-made pálinka. Hungary has not properly complied with the Commission’s ruling of last spring, tax and customs spokeswoman Vanessa Mock told state news agency MTI.
Norbi Update Hit By Buda-Cash Scandal
- 25 Feb 2015 8:00 AM
- business
Shares in Norbi Update dived 6% on Tuesday morning, as Buda-Cash was the lead manager of the nutrition supplement company’s IPO last autumn.