32 result(s) for constitution in Business
Budapest Municipal Court Postpones Raiffeisen Ruling To September
- 27 Aug 2014 9:00 AM
- business
The Municipal Court of Budapest has postponed to September 10 its final ruling regarding a lawsuit filed by Raiffeisen Bank against the Hungarian state in connection with conditions for loans made in foreign currency. In its Tuesday decision, the court also turned down Raiffeisen’s request for an appeal to the Constitutional Court and the European Court of Justice.
Hungary’s Supreme Court Rejects K&H Bank’s Suspension Request
- 27 Aug 2014 5:00 AM
- business
K&H Bank moved to suspend the court case in which it is defending unilateral changes it made to foreign currency borrowers’ contracts, but the court turned down its request. The bank had asked the Budapest Municipal Court to appeal to the Constitutional Court and the European Court of Justice over the case.
Former MNB Vice-Governor: Hungary Needs A Miracle
- 25 Aug 2014 9:00 AM
- business
Hungary’s national debt of 85.1% of GDP is so high that it will take a miracle for the government to avoid breaking its own constitutional stipulation that it set out in the Basic Law, former National Bank of Hungary (MNB) vice-governor Zoltán Bodnár said this week.
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 Looks Into Opening Trade House In US
- 25 Jun 2014 9:00 AM
- business
Foreign trade chief Péter Szijjártó said it would be worth opening a trading house in the United States and that Hungary was already looking into the possibilities. He told commercial Gazdasági Rádio that structural changes were planned at the ministry, further trading houses would be opened, new strategic agreements would be signed and the system of incentives available to foreign companies ...
Plans To Reduce Personal Income Tax In Hungary By 2018
- 16 Jun 2014 9:00 AM
- business
Prime Minister Viktor Orbán said on Friday that he wanted to see the personal income tax reduced from the current 16% to below 10% by 2018. To attain this goal, the economy should grow instead of the current 2-4% by 4 to 6%, he told public Kossuth radio, adding that the latter rate is also feasible.
Unlicenced Tobacco Ownership To Be Criminal Act In Hungary
- 10 Dec 2013 8:00 AM
- business
The unlicenced ownership and acquisition of 5 kilogrammes of dried, fermented or cut tobacco would be classified as a criminal act under an amendment proposal submitted on Monday. The proposal submitted by parliament’s economic committee with the aim to strengthen child protection legislation was unanimously approved by the constitutional committee.
Hungary's Fidesz Alleges Business Interests Behind EU Concerns
- 15 May 2013 9:00 AM
- business
The EU’s expressed concerns about Hungary’s constitutional system have nothing to do with democracy, but are a response to the cuts in utility fees, Fidesz caucus leader Antal Rogan told reporters.
Xpat Opinion: Slumping Money Supply (Not Austerity) Plunges Hungary Into Recession
- 22 Aug 2012 9:00 AM
- business
Posted by Steve H. Hanke: Hungary is in a recession, again. According to the chattering classes, as well as many analysts and financial reporters, fiscal austerity is the cause of Hungary’s slump.
Budapest Municipal Court Postpones Raiffeisen Ruling To September
- 27 Aug 2014 9:00 AM
- business
The Municipal Court of Budapest has postponed to September 10 its final ruling regarding a lawsuit filed by Raiffeisen Bank against the Hungarian state in connection with conditions for loans made in foreign currency. In its Tuesday decision, the court also turned down Raiffeisen’s request for an appeal to the Constitutional Court and the European Court of Justice.
Hungary’s Supreme Court Rejects K&H Bank’s Suspension Request
- 27 Aug 2014 5:00 AM
- business
K&H Bank moved to suspend the court case in which it is defending unilateral changes it made to foreign currency borrowers’ contracts, but the court turned down its request. The bank had asked the Budapest Municipal Court to appeal to the Constitutional Court and the European Court of Justice over the case.
Former MNB Vice-Governor: Hungary Needs A Miracle
- 25 Aug 2014 9:00 AM
- business
Hungary’s national debt of 85.1% of GDP is so high that it will take a miracle for the government to avoid breaking its own constitutional stipulation that it set out in the Basic Law, former National Bank of Hungary (MNB) vice-governor Zoltán Bodnár said this week.
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 Looks Into Opening Trade House In US
- 25 Jun 2014 9:00 AM
- business
Foreign trade chief Péter Szijjártó said it would be worth opening a trading house in the United States and that Hungary was already looking into the possibilities. He told commercial Gazdasági Rádio that structural changes were planned at the ministry, further trading houses would be opened, new strategic agreements would be signed and the system of incentives available to foreign companies ...
Plans To Reduce Personal Income Tax In Hungary By 2018
- 16 Jun 2014 9:00 AM
- business
Prime Minister Viktor Orbán said on Friday that he wanted to see the personal income tax reduced from the current 16% to below 10% by 2018. To attain this goal, the economy should grow instead of the current 2-4% by 4 to 6%, he told public Kossuth radio, adding that the latter rate is also feasible.
Unlicenced Tobacco Ownership To Be Criminal Act In Hungary
- 10 Dec 2013 8:00 AM
- business
The unlicenced ownership and acquisition of 5 kilogrammes of dried, fermented or cut tobacco would be classified as a criminal act under an amendment proposal submitted on Monday. The proposal submitted by parliament’s economic committee with the aim to strengthen child protection legislation was unanimously approved by the constitutional committee.
Hungary's Fidesz Alleges Business Interests Behind EU Concerns
- 15 May 2013 9:00 AM
- business
The EU’s expressed concerns about Hungary’s constitutional system have nothing to do with democracy, but are a response to the cuts in utility fees, Fidesz caucus leader Antal Rogan told reporters.
Xpat Opinion: Slumping Money Supply (Not Austerity) Plunges Hungary Into Recession
- 22 Aug 2012 9:00 AM
- business
Posted by Steve H. Hanke: Hungary is in a recession, again. According to the chattering classes, as well as many analysts and financial reporters, fiscal austerity is the cause of Hungary’s slump.