3,302 result(s) for bank
Hungary’s Ad Tax Exemption Threshold Still Too High For Brussels
- 19 May 2015 9:00 AM
- business
The European Commission believes the proposed 100 million forints (EUR 325,000) exemption threshold for the advertising tax is still too high. The government is in talks with Brussels on the matter, Economy Minister Mihály Varga told commercial television ATV. The government has proposed making the ad tax rate a flat 5.3%, but allowing an exemption on a tax base up to 100 million forints.
Hungary’s Interest Representation Capability At Low Point
- 19 May 2015 9:00 AM
- current affairs
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 ...
Hungary's OTP Challenges Quaestor Law
- 18 May 2015 9:00 AM
- business
OTP bank plans to go to the Constitutional Court to question the law ordering banks to pay into a fund set up to compensate investors in failed financial group Quaestor, chairman and CEO Sándor Csányi said on Friday. OTP will have to pay Ft 57 billion to the fund, Népszabadság estimates.
2016 Tax Changes In Hungary “Simplest Ever”
- 15 May 2015 9:00 AM
- business
The 2016 tax bill just submitted to parliament contains the shortest tax provisions ever and introduces no new taxes, state secretary András Tállai said. New elements of the tax measures include a scheme called “tax loan for growth”, which means that companies that manage to raise their pre-tax profits five-fold in a year can defer their tax payments, thereby gaining resources for further ...
Hungarian Business Man Csányi Number One On Napi.hu’s Rich List
- 14 May 2015 9:00 AM
- community & culture
Sándor Csányi, owner of the agribusiness Bonafarm and chief of OTP Bank, has kept his top spot on Hungary’s rich list, business news website napi.hu reported. Csányi, whose assets now reach 165 billion forints (EUR 542m), up 15 billion from last year, has been at the top of the list since 2011. (Pictured on the right)
Budapest Festival Orchestra, National Concert Hall Budapest, 15 May
- 13 May 2015 9:04 AM
- community & culture
Brahms, as a composer of symphonies, is the centrepiece of the Budapest Festival Orchestra's season. Their public was able to hear his third and fourth symphonies in September, and at the end of the season, Iván Fischer and his orchestra will be completing the cycle with the first and second.
Munkácsy’s Christ Trilogy Reunited In E Hungary
- 13 May 2015 9:04 AM
- community & culture
Hungarian painter Mihály Munkácsy’s famous Christ Trilogy was reunited in Debrecen, in eastern Hungary, after Christ before Pilate (1881) arrived in the city’s Déri Museum. Zoltán Balog, Hungary’s human resources minister, announced in February that the state had acquired the painting. Debrecen mayor László Papp said the painting’s return was a historic event, and noted that the trilogy ...
Hungarian ‘Father Of Euro’, Dies Aged 86
- 12 May 2015 9:00 AM
- community & culture
Economist and central banker Alexandre Lamfalussy, born as Sándor Lámfalussy in Hungary, has died at the age of 86, his family said on Monday. A resident of Belgium, Lamfalussy was known as “the father of the euro” and for his financial service industry policies. He left his native Hungary in 1949.
IMF Projects Faster Economic Growth In Hungary
- 12 May 2015 9:00 AM
- business
The International Monetary Fund raised its forecast for Hungary’s economic growth in its Regional Economic Issues report. Growth could reach 2.7% this year according to the new report. The forecast was raised from 2.3% in the previous report published in October 2014. For 2016, the IMF expects growth of 2.3%.
Hungary’s Ad Tax Exemption Threshold Still Too High For Brussels
- 19 May 2015 9:00 AM
- business
The European Commission believes the proposed 100 million forints (EUR 325,000) exemption threshold for the advertising tax is still too high. The government is in talks with Brussels on the matter, Economy Minister Mihály Varga told commercial television ATV. The government has proposed making the ad tax rate a flat 5.3%, but allowing an exemption on a tax base up to 100 million forints.
Hungary’s Interest Representation Capability At Low Point
- 19 May 2015 9:00 AM
- current affairs
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 ...
Hungary's OTP Challenges Quaestor Law
- 18 May 2015 9:00 AM
- business
OTP bank plans to go to the Constitutional Court to question the law ordering banks to pay into a fund set up to compensate investors in failed financial group Quaestor, chairman and CEO Sándor Csányi said on Friday. OTP will have to pay Ft 57 billion to the fund, Népszabadság estimates.
2016 Tax Changes In Hungary “Simplest Ever”
- 15 May 2015 9:00 AM
- business
The 2016 tax bill just submitted to parliament contains the shortest tax provisions ever and introduces no new taxes, state secretary András Tállai said. New elements of the tax measures include a scheme called “tax loan for growth”, which means that companies that manage to raise their pre-tax profits five-fold in a year can defer their tax payments, thereby gaining resources for further ...
Hungarian Business Man Csányi Number One On Napi.hu’s Rich List
- 14 May 2015 9:00 AM
- community & culture
Sándor Csányi, owner of the agribusiness Bonafarm and chief of OTP Bank, has kept his top spot on Hungary’s rich list, business news website napi.hu reported. Csányi, whose assets now reach 165 billion forints (EUR 542m), up 15 billion from last year, has been at the top of the list since 2011. (Pictured on the right)
Budapest Festival Orchestra, National Concert Hall Budapest, 15 May
- 13 May 2015 9:04 AM
- community & culture
Brahms, as a composer of symphonies, is the centrepiece of the Budapest Festival Orchestra's season. Their public was able to hear his third and fourth symphonies in September, and at the end of the season, Iván Fischer and his orchestra will be completing the cycle with the first and second.
Munkácsy’s Christ Trilogy Reunited In E Hungary
- 13 May 2015 9:04 AM
- community & culture
Hungarian painter Mihály Munkácsy’s famous Christ Trilogy was reunited in Debrecen, in eastern Hungary, after Christ before Pilate (1881) arrived in the city’s Déri Museum. Zoltán Balog, Hungary’s human resources minister, announced in February that the state had acquired the painting. Debrecen mayor László Papp said the painting’s return was a historic event, and noted that the trilogy ...
Hungarian ‘Father Of Euro’, Dies Aged 86
- 12 May 2015 9:00 AM
- community & culture
Economist and central banker Alexandre Lamfalussy, born as Sándor Lámfalussy in Hungary, has died at the age of 86, his family said on Monday. A resident of Belgium, Lamfalussy was known as “the father of the euro” and for his financial service industry policies. He left his native Hungary in 1949.
IMF Projects Faster Economic Growth In Hungary
- 12 May 2015 9:00 AM
- business
The International Monetary Fund raised its forecast for Hungary’s economic growth in its Regional Economic Issues report. Growth could reach 2.7% this year according to the new report. The forecast was raised from 2.3% in the previous report published in October 2014. For 2016, the IMF expects growth of 2.3%.