3,302 result(s) for bank
State Seeks To Buy Last Of Munkácsy Trilogy For USD 6M
- 4 Jun 2015 9:00 AM
- community & culture
The National Bank of Hungary has said it is prepared to pay 6 million US dollars to acquire Mihály Munkácsy’s monumental painting “Golgotha”, deputy governor Ferenc Gerhardt told public television. Its Hungarian-born American owner, Imre Pákh, wants 9 million, however, he said. The painting is one of Munkácsy’s famous “Christ Trilogy”.
OECD Sees Strong But Slowing Hungarian Economic Growth
- 4 Jun 2015 9:00 AM
- business
The OECD has upgraded its forecasts for Hungarian economic growth for this year to 3% from 2.1%, and to 2.2% from 1.7% for 2016. The Organisation for Economic Co-operation and Development said in its Economic Outlook that exports were expected to grow by 5.7% both this year and in 2016 and the current account surplus of 4.8% this year was likely to rise to 5.1%. Unemployment is expected to ...
Hungary’s 2016 Budget “Designed To Boost Economy, Help Families”
- 1 Jun 2015 9:00 AM
- business
The government seeks to promote job creation and boost the economy as well as provide assistance to families, a state secretary of the economy ministry said in his introduction to the parliamentary debate on next year’s budget. Béla Glattfelder said the bill would introduce changes to 18 laws, including rules governing efforts to reduce Hungary’s state debt. The current growth and inflation path ...
CEO’s More Optimistic In Hungary
- 29 May 2015 9:00 AM
- business
Hungarian executives are optimistic about the next 12 months, and are keeping a vigilant eye on Berlin.
“Sentiment among Hungarian chief executives reflects the global trend; confidence in global growth is waning, while their expectations of their own corporate earnings are slightly more optimistic”, said Nick Kós, CEO of PricewaterhouseCoopers (PwC) Hungary in response to our enquiry.
“Sentiment among Hungarian chief executives reflects the global trend; confidence in global growth is waning, while their expectations of their own corporate earnings are slightly more optimistic”, said Nick Kós, CEO of PricewaterhouseCoopers (PwC) Hungary in response to our enquiry.
'Lechner: A Creative Genius' Exhibition, Closes On 31 May
- 28 May 2015 11:45 AM
- community & culture
Museum of Applied Arts: Ödön Lechner (1845–1914), one of the greatest figures in Hungarian architecture, and certainly its most original, deserves a prominent place among the international talents from the turn of the century. According to tradition, the Lechner family, who had their own coat of arms, had migrated to Hungary from Bavaria.
Football: Only 12 Premier League Teams To Compete In 2015/16 Season
- 28 May 2015 9:00 AM
- sport
The number of Hungarian Premier League football teams in the 2015/16 OTP Bank League will decrease from the present number of sixteen to twelve after five clubs – Győri ETO FC of Győr, Nyíregyháza Spartacus of Nyíregyháza, PMFC-Matias of Pécs and the Pápa team Lombard Pápa Termál FC, which failed to qualify anyway – were not granted the licence necessary to run in the country’s top championship, ...
Croatian Toll Booths To Refuse Hungarian Forints
- 21 May 2015 9:00 AM
- travel
Only euros and Croatian kuna will be accepted by motorway toll booths in Croatia from June 1, the Rijeka daily Novi List reports, citing a decision by Croatian motorway company HAC made at the end of April. As a result no Hungarian forint can be used any more. Bank cards will be accepted.
Tax Office Clamps Down On 3-Billion - Forint Vat Fraud Ring
- 20 May 2015 9:00 AM
- business
The tax office NAV has clamped down on a crime organisation suspected of a 3 billion forint (EUR 9.8m) fraud from reclaiming valueadded- tax (VAT) based in Debrecen, in eastern Hungary, NAV’s local office said. The investigation was closed on May 11 after a full year of gathering evidence, head of NAV’s regional office Tibor Lengyel said.
House Speaker: Hungary’s Economic Recovery Harms Certain Foreign Interests
- 19 May 2015 9:00 AM
- business
Hungary’s interest representation capability in many respects is worse than at any time in the past 25 years because it chose a road to economic recovery which has harmed foreign interests, Speaker of Parliament László Kövér told public radio. In an interview to Kossuth Radio, Kövér said the first Fidesz government in the period 1998-2002 was able to represent the country’s interests with the ...
State Seeks To Buy Last Of Munkácsy Trilogy For USD 6M
- 4 Jun 2015 9:00 AM
- community & culture
The National Bank of Hungary has said it is prepared to pay 6 million US dollars to acquire Mihály Munkácsy’s monumental painting “Golgotha”, deputy governor Ferenc Gerhardt told public television. Its Hungarian-born American owner, Imre Pákh, wants 9 million, however, he said. The painting is one of Munkácsy’s famous “Christ Trilogy”.
OECD Sees Strong But Slowing Hungarian Economic Growth
- 4 Jun 2015 9:00 AM
- business
The OECD has upgraded its forecasts for Hungarian economic growth for this year to 3% from 2.1%, and to 2.2% from 1.7% for 2016. The Organisation for Economic Co-operation and Development said in its Economic Outlook that exports were expected to grow by 5.7% both this year and in 2016 and the current account surplus of 4.8% this year was likely to rise to 5.1%. Unemployment is expected to ...
Hungary’s 2016 Budget “Designed To Boost Economy, Help Families”
- 1 Jun 2015 9:00 AM
- business
The government seeks to promote job creation and boost the economy as well as provide assistance to families, a state secretary of the economy ministry said in his introduction to the parliamentary debate on next year’s budget. Béla Glattfelder said the bill would introduce changes to 18 laws, including rules governing efforts to reduce Hungary’s state debt. The current growth and inflation path ...
CEO’s More Optimistic In Hungary
- 29 May 2015 9:00 AM
- business
Hungarian executives are optimistic about the next 12 months, and are keeping a vigilant eye on Berlin.
“Sentiment among Hungarian chief executives reflects the global trend; confidence in global growth is waning, while their expectations of their own corporate earnings are slightly more optimistic”, said Nick Kós, CEO of PricewaterhouseCoopers (PwC) Hungary in response to our enquiry.
“Sentiment among Hungarian chief executives reflects the global trend; confidence in global growth is waning, while their expectations of their own corporate earnings are slightly more optimistic”, said Nick Kós, CEO of PricewaterhouseCoopers (PwC) Hungary in response to our enquiry.
'Lechner: A Creative Genius' Exhibition, Closes On 31 May
- 28 May 2015 11:45 AM
- community & culture
Museum of Applied Arts: Ödön Lechner (1845–1914), one of the greatest figures in Hungarian architecture, and certainly its most original, deserves a prominent place among the international talents from the turn of the century. According to tradition, the Lechner family, who had their own coat of arms, had migrated to Hungary from Bavaria.
Football: Only 12 Premier League Teams To Compete In 2015/16 Season
- 28 May 2015 9:00 AM
- sport
The number of Hungarian Premier League football teams in the 2015/16 OTP Bank League will decrease from the present number of sixteen to twelve after five clubs – Győri ETO FC of Győr, Nyíregyháza Spartacus of Nyíregyháza, PMFC-Matias of Pécs and the Pápa team Lombard Pápa Termál FC, which failed to qualify anyway – were not granted the licence necessary to run in the country’s top championship, ...
Croatian Toll Booths To Refuse Hungarian Forints
- 21 May 2015 9:00 AM
- travel
Only euros and Croatian kuna will be accepted by motorway toll booths in Croatia from June 1, the Rijeka daily Novi List reports, citing a decision by Croatian motorway company HAC made at the end of April. As a result no Hungarian forint can be used any more. Bank cards will be accepted.
Tax Office Clamps Down On 3-Billion - Forint Vat Fraud Ring
- 20 May 2015 9:00 AM
- business
The tax office NAV has clamped down on a crime organisation suspected of a 3 billion forint (EUR 9.8m) fraud from reclaiming valueadded- tax (VAT) based in Debrecen, in eastern Hungary, NAV’s local office said. The investigation was closed on May 11 after a full year of gathering evidence, head of NAV’s regional office Tibor Lengyel said.
House Speaker: Hungary’s Economic Recovery Harms Certain Foreign Interests
- 19 May 2015 9:00 AM
- business
Hungary’s interest representation capability in many respects is worse than at any time in the past 25 years because it chose a road to economic recovery which has harmed foreign interests, Speaker of Parliament László Kövér told public radio. In an interview to Kossuth Radio, Kövér said the first Fidesz government in the period 1998-2002 was able to represent the country’s interests with the ...