2,266 result(s) for billion forint
Hungary’s Magyar Telekom To Cut Up To 1,700 Jobs
- 24 Jul 2014 4:00 AM
- business
Magyar Telekom on Thursday said it planned to cut up to 1,700 jobs over the next year and a half, under an agreement reached with trade unions. About 40% of the redundancies are expected between October 1, 2014 and March 1, 2015, MTel said.
“Bad Bank” To Be Set Up In Hungary By Autumn
- 24 Jul 2014 4:00 AM
- business
Hungary plans to set up a “bad bank” to isolate lenders’ non-performing loans in the autumn, National Bank of Hungary managing director Márton Nagy told Reuters in an interview published on Thursday.
Hungarian Govt To Freeze 110 Billion Forints In Spending
- 18 Jul 2014 9:00 AM
- current affairs
The government will freeze 110 billion forints (EUR 355m) in central budget expenditures to ensure that this year’s 2.9%-of-GDP deficit target can be met, Economy Minister Mihály Varga said on Thursday. The freeze will not affect families or businesses, only government expenditures, he said at a conference of the Hungarian Economic Association and the Fiscal Council.
Fire Damages In Billions On Andrássy Avenue Building In Budapest
- 17 Jul 2014 10:35 AM
- property
The two people who were arrested earlier in connection with a disastrous fire that broke out yesterday in one of the apartment buildings of Budapest’s prestigious Andrássy Avenue, were released, the district prosecutor said on Wednesday. The district prosecution found no substantive evidence that would have justified keeping the men in custody.
Hungarian Government Won’t Charge Patients For Selecting GP
- 15 Jul 2014 9:00 AM
- health & wellness
Patients in Hungary will not be charged for health-care services, state secretary for health Gábor Zombor told national daily Népszabadság, responding to a proposal by the Resident Association to introduce a fee in return for a free choice of family practitioners.
Foreign Parents To Be Hit By FX Bailout Costs In Hungary, Says Fitch
- 9 Jul 2014 9:00 AM
- business
Foreign owners will need to inject capital into their Hungarian units because of compensation lenders are asked to pay as part of a new law on relief for borrowers, Fitch Ratings said on Tuesday.
Hungary’s Finance Minister Varga: Bank Tax May Be Redesigned
- 8 Jul 2014 9:00 AM
- business
The government is mulling a rethink of Hungary’s sectoral tax on banks, Mihály Varga, the economy minister, told public broadcaster Kossuth Rádió. “I don’t exclude the possibility of revising or rethinking the banking tax, since banks are going to be assuming a heavy burden to compensate clients, but now is not the time for this.”
Government To Invest 300 Billion Forints Into Hungary's Food Industry
- 7 Jul 2014 9:00 AM
- food & drink
The Government is planning to spend a total 300 billion forints (EUR 1bn) on developing Hungary's food industry in the next few years, Prime Minister Viktor Orbán announced on Wednesday, speaking at the opening ceremony of a plant for Stühmer. He stated that government support would help create new jobs outside Budapest.
Pros And Cons Of Hungary's Nuclear Agreement With Russia
- 4 Jul 2014 1:00 AM
- business
Parliament is soon to adopt a law approving the Hungarian-Russian credit agreement on which the expansion of the Paks nuclear power plant is based. At present prices the tab runs to 10 percent of the Hungarian GDP.
Hungary’s Magyar Telekom To Cut Up To 1,700 Jobs
- 24 Jul 2014 4:00 AM
- business
Magyar Telekom on Thursday said it planned to cut up to 1,700 jobs over the next year and a half, under an agreement reached with trade unions. About 40% of the redundancies are expected between October 1, 2014 and March 1, 2015, MTel said.
“Bad Bank” To Be Set Up In Hungary By Autumn
- 24 Jul 2014 4:00 AM
- business
Hungary plans to set up a “bad bank” to isolate lenders’ non-performing loans in the autumn, National Bank of Hungary managing director Márton Nagy told Reuters in an interview published on Thursday.
Hungarian Govt To Freeze 110 Billion Forints In Spending
- 18 Jul 2014 9:00 AM
- current affairs
The government will freeze 110 billion forints (EUR 355m) in central budget expenditures to ensure that this year’s 2.9%-of-GDP deficit target can be met, Economy Minister Mihály Varga said on Thursday. The freeze will not affect families or businesses, only government expenditures, he said at a conference of the Hungarian Economic Association and the Fiscal Council.
Fire Damages In Billions On Andrássy Avenue Building In Budapest
- 17 Jul 2014 10:35 AM
- property
The two people who were arrested earlier in connection with a disastrous fire that broke out yesterday in one of the apartment buildings of Budapest’s prestigious Andrássy Avenue, were released, the district prosecutor said on Wednesday. The district prosecution found no substantive evidence that would have justified keeping the men in custody.
Hungarian Government Won’t Charge Patients For Selecting GP
- 15 Jul 2014 9:00 AM
- health & wellness
Patients in Hungary will not be charged for health-care services, state secretary for health Gábor Zombor told national daily Népszabadság, responding to a proposal by the Resident Association to introduce a fee in return for a free choice of family practitioners.
Foreign Parents To Be Hit By FX Bailout Costs In Hungary, Says Fitch
- 9 Jul 2014 9:00 AM
- business
Foreign owners will need to inject capital into their Hungarian units because of compensation lenders are asked to pay as part of a new law on relief for borrowers, Fitch Ratings said on Tuesday.
Hungary’s Finance Minister Varga: Bank Tax May Be Redesigned
- 8 Jul 2014 9:00 AM
- business
The government is mulling a rethink of Hungary’s sectoral tax on banks, Mihály Varga, the economy minister, told public broadcaster Kossuth Rádió. “I don’t exclude the possibility of revising or rethinking the banking tax, since banks are going to be assuming a heavy burden to compensate clients, but now is not the time for this.”
Government To Invest 300 Billion Forints Into Hungary's Food Industry
- 7 Jul 2014 9:00 AM
- food & drink
The Government is planning to spend a total 300 billion forints (EUR 1bn) on developing Hungary's food industry in the next few years, Prime Minister Viktor Orbán announced on Wednesday, speaking at the opening ceremony of a plant for Stühmer. He stated that government support would help create new jobs outside Budapest.
Pros And Cons Of Hungary's Nuclear Agreement With Russia
- 4 Jul 2014 1:00 AM
- business
Parliament is soon to adopt a law approving the Hungarian-Russian credit agreement on which the expansion of the Paks nuclear power plant is based. At present prices the tab runs to 10 percent of the Hungarian GDP.