473 result(s) for assets
Erste Rejects Hungary's Raiffeisen Buyout Rumour
- 5 Feb 2015 8:00 AM
- business
The Austrian owners of both Erste and Raiffeisen banks denied a Tuesday report that Erste Bank would buy the Hungarian subsidiary of Raiffeisen. HVG had cited various sources as saying the negotiations were at an advanced stage under the code name Zeus, and enjoyed government support.
IMF Issues Concluding Statement On Hungary
- 4 Feb 2015 8:01 AM
- current affairs
Hungary’s economy is coming back from the crisis but the road to strong, sustained activity and higher private sector employment is still a long one. Macroeconomic policies have contributed to a welcome reduction in vulnerabilities, strong growth and a reduction in unemployment. But the country remains susceptible to shocks and its medium-term growth prospects are subdued.
Hungarian VAT Fraud Site Still Operating
- 2 Feb 2015 8:00 AM
- tech
The central organiser of the fraud scam that evaded VAT payments by falsely claiming to have exported electronics appliances to Slovakia was Hódmezõvásárhely-based Bravotech, Népszabadság reports. The company is the owner of Electro-Quality, Bemutatoterem.net, Ármátrix and Expert Magyarország.
Forint Strengthens As Hungary Welcomes ECB Announcement
- 28 Jan 2015 8:00 AM
- business
Hungary’s forint got a boost from a falling euro against the dollar after the European Cental Bank (ECB) announced an extended asset purchase programme comprising sovereign euro area debt. Forint is now trading at 311,5 to the euro on the interbank forex market, up from 315.31 late Wednesday. Forint hit an all-time low at 327.62 last Thursday. Hungary’s Economy Ministry also welcomed the ...
Rogán Dismisses Allegations Over Budapest District Property Deals
- 15 Jan 2015 8:00 AM
- property
Antal Rogán, head of the parliamentary group of the ruling Fidesz party and former mayor of Budapest’s 5th district, denied any wrongdoing after an investigation into property deals in the district was flagged at a council meeting. Zoltán Selley, the district notary, told a meeting of the 5th district council that an investigation will “probably” be launched into real estate deals carried out ...
Hungary Seeks To Restore Domestic Ownership Of Major Enterprises
- 22 Dec 2014 8:00 AM
- current affairs
The Hungarian government is attempting to restore large enterprises to Hungarian state ownership. It is working hard to convince foreign owners to sell their assets to Hungarian investors. Heti Válasz offers a wrap-up of the four-year process, which includes, among other sectors, electricity generation and the media.
Hungarian Govt: No Risks In 2015 Budget
- 12 Dec 2014 8:00 AM
- business
Government officials have said there were no risks in the 2015 budget, noting that the budget had not taken into account the some 300 billion forints (EUR 980m) in profit the National Bank of Hungary is expected to generate and saying there was fiscal room for a number of big investments.
Felcsút Mayor Adds Ft 300mn To Savings
- 4 Dec 2014 8:00 AM
- current affairs
Felcsút mayor Lõrinc Mészáros, a close friend of Prime Minister Viktor Orbán, has posted a new statement of assets on the website of the local council, showing that his savings have increased by Ft 300 million since June.
Private Pension Funds Have Until Sep 2015 To Meet New Conditions
- 2 Dec 2014 3:58 AM
- health & wellness
The new rules governing private pension funds will allow sufficient preparation time as members’ fee payments will not be scrutinised before the six-month period preceding September 2015, economy minister Mihály Varga said. The minister was speaking in public M1 television channel’s ‘Az Este’ programme late on Monday.
Erste Rejects Hungary's Raiffeisen Buyout Rumour
- 5 Feb 2015 8:00 AM
- business
The Austrian owners of both Erste and Raiffeisen banks denied a Tuesday report that Erste Bank would buy the Hungarian subsidiary of Raiffeisen. HVG had cited various sources as saying the negotiations were at an advanced stage under the code name Zeus, and enjoyed government support.
IMF Issues Concluding Statement On Hungary
- 4 Feb 2015 8:01 AM
- current affairs
Hungary’s economy is coming back from the crisis but the road to strong, sustained activity and higher private sector employment is still a long one. Macroeconomic policies have contributed to a welcome reduction in vulnerabilities, strong growth and a reduction in unemployment. But the country remains susceptible to shocks and its medium-term growth prospects are subdued.
Hungarian VAT Fraud Site Still Operating
- 2 Feb 2015 8:00 AM
- tech
The central organiser of the fraud scam that evaded VAT payments by falsely claiming to have exported electronics appliances to Slovakia was Hódmezõvásárhely-based Bravotech, Népszabadság reports. The company is the owner of Electro-Quality, Bemutatoterem.net, Ármátrix and Expert Magyarország.
Forint Strengthens As Hungary Welcomes ECB Announcement
- 28 Jan 2015 8:00 AM
- business
Hungary’s forint got a boost from a falling euro against the dollar after the European Cental Bank (ECB) announced an extended asset purchase programme comprising sovereign euro area debt. Forint is now trading at 311,5 to the euro on the interbank forex market, up from 315.31 late Wednesday. Forint hit an all-time low at 327.62 last Thursday. Hungary’s Economy Ministry also welcomed the ...
Rogán Dismisses Allegations Over Budapest District Property Deals
- 15 Jan 2015 8:00 AM
- property
Antal Rogán, head of the parliamentary group of the ruling Fidesz party and former mayor of Budapest’s 5th district, denied any wrongdoing after an investigation into property deals in the district was flagged at a council meeting. Zoltán Selley, the district notary, told a meeting of the 5th district council that an investigation will “probably” be launched into real estate deals carried out ...
Hungary Seeks To Restore Domestic Ownership Of Major Enterprises
- 22 Dec 2014 8:00 AM
- current affairs
The Hungarian government is attempting to restore large enterprises to Hungarian state ownership. It is working hard to convince foreign owners to sell their assets to Hungarian investors. Heti Válasz offers a wrap-up of the four-year process, which includes, among other sectors, electricity generation and the media.
Hungarian Govt: No Risks In 2015 Budget
- 12 Dec 2014 8:00 AM
- business
Government officials have said there were no risks in the 2015 budget, noting that the budget had not taken into account the some 300 billion forints (EUR 980m) in profit the National Bank of Hungary is expected to generate and saying there was fiscal room for a number of big investments.
Felcsút Mayor Adds Ft 300mn To Savings
- 4 Dec 2014 8:00 AM
- current affairs
Felcsút mayor Lõrinc Mészáros, a close friend of Prime Minister Viktor Orbán, has posted a new statement of assets on the website of the local council, showing that his savings have increased by Ft 300 million since June.
Private Pension Funds Have Until Sep 2015 To Meet New Conditions
- 2 Dec 2014 3:58 AM
- health & wellness
The new rules governing private pension funds will allow sufficient preparation time as members’ fee payments will not be scrutinised before the six-month period preceding September 2015, economy minister Mihály Varga said. The minister was speaking in public M1 television channel’s ‘Az Este’ programme late on Monday.