39 result(s) for credit package
National Bank of Hungary To Launch Growth Supporting Programme
- 4 Nov 2015 8:00 AM
- business
The National Bank of Hungary will launch a Growth Supporting Programme (GSP) in January with the aim of increasing the banking sector’s lending to small and medium-sized firms by 250-400 billion forints, or 5-10% of total corporate lending stock, in 2016. The GSP comprises the final phase of the NBH’s Funding for Growth Scheme (FGS) as well as a package of incentives for active lenders dubbed the ...
Hungarian Forint Firms To Euro On Greek Debt Deal
- 13 Jul 2015 12:00 PM
- business
The forint traded at 310.30 to the euro around 10 in the morning on Monday, firming from 311.58 late Friday on news of a deal reached between Greece and its creditors after negotiations that lasted through the night. The Hungarian unit weakened to 279.74 from 278.78 against the dollar, but strengthened to 295.68 from 296.56 against the Swiss franc.
29th Budapest Half Marathon, 14 September
- 11 Sep 2014 10:45 AM
- sport
The first Budapest Half Marathon was organised in 1984. During the last 29 years the race grew up into a major event in Budapest with 12 850 runners. 8500 runners on the individual 21 km distance, while others run in pairs or run the shorter distances. Budapest Half Marathon also became a real international event with almost 1600 runners from abroad, from 65 different countries in 2013.
Foreign Currency Loans To Be Eliminated From The Hungarian Market By End Of 2014
- 8 Jul 2014 10:00 AM
- business
Foreign-currency denominated loans will be eliminated from Hungary's lending market by way of converting them to forint loans before the end of this year, Minister of National Economy Mihály Varga told public media on Monday. Based on a Supreme Court ruling, deeming the rate spread applied to foreign currency loan constructions unfair, Parliament adopted on Friday a bailout package. According to ...
Xpat Opinion: Hungary's Parliament To Rewrite FX Loan Contracts
- 24 Mar 2014 8:00 AM
- property
In their commentaries on the Constitutional Court’s verdict on forex loans, analysts from across the political spectrum agree that it is the government’s responsibility to help indebted families. It is, however, unclear how loans denominated in foreign currencies could be converted into Forint credits without severe economic consequences.
Orange Chicken – Economic Relations Of Hungary & PR Of China – An In-Depth Analysis
- 3 Mar 2014 8:00 AM
- business
Hungary has signed several bilateral agreements with the PR of China, which it calls the main pillar of its “opening to the East”, but that seems to be a first step rather the much desired boost for the Hungarian economy.
Xpat Opinion: Scandal Of The Year? Russian-Hungarian Nuclear Pact
- 30 Jan 2014 5:40 AM
- current affairs
The headlines in Hungarian weeklies illustrate a growing controversy over the planned addition of two Russian-made blocks to the existing Paks nuclear power station: “The scandal of the year” (168 óra); “Eastern Block” (Heti Világgazdaság); “The business of the year?” (Figyelő); “Hungary hooked by Putin” (Magyar Narancs); “Change of Roles in Kissidonia” (Demokrata); “Paks Vobiscum” (“Paks be with ...
Hungary’s Tax Package For 2014 Includes New Tax On Banks And Sugary Drinks
- 24 Oct 2013 9:00 AM
- business
While 250 000 new families are happy with the extended family tax credits and small businesses are satisfied with the support they will receive, banks are not dancing with joy at the introduction of new tax laws for 2014. The Hungarian government submitted next year’s tax package to the Parliament last week, which includes just a few drastic, but several minor changes.
Gault&Millau Hungary 2014 – Presentation Of The New Guide
- 11 Oct 2013 9:00 AM
- food & drink
”Hungarian gastronomic culture has reached its final stages, if it is not past all chances of improvement.” This statement was issued in the 2007 Culinary Charta, signed by over a hundred public figures of all sorts of ideological beliefs within a week. The statement also declared that: ”if any negative trend can be reversed, it must be reversed”. And that „the signatories will lobby for quality”.
National Bank of Hungary To Launch Growth Supporting Programme
- 4 Nov 2015 8:00 AM
- business
The National Bank of Hungary will launch a Growth Supporting Programme (GSP) in January with the aim of increasing the banking sector’s lending to small and medium-sized firms by 250-400 billion forints, or 5-10% of total corporate lending stock, in 2016. The GSP comprises the final phase of the NBH’s Funding for Growth Scheme (FGS) as well as a package of incentives for active lenders dubbed the ...
Hungarian Forint Firms To Euro On Greek Debt Deal
- 13 Jul 2015 12:00 PM
- business
The forint traded at 310.30 to the euro around 10 in the morning on Monday, firming from 311.58 late Friday on news of a deal reached between Greece and its creditors after negotiations that lasted through the night. The Hungarian unit weakened to 279.74 from 278.78 against the dollar, but strengthened to 295.68 from 296.56 against the Swiss franc.
29th Budapest Half Marathon, 14 September
- 11 Sep 2014 10:45 AM
- sport
The first Budapest Half Marathon was organised in 1984. During the last 29 years the race grew up into a major event in Budapest with 12 850 runners. 8500 runners on the individual 21 km distance, while others run in pairs or run the shorter distances. Budapest Half Marathon also became a real international event with almost 1600 runners from abroad, from 65 different countries in 2013.
Foreign Currency Loans To Be Eliminated From The Hungarian Market By End Of 2014
- 8 Jul 2014 10:00 AM
- business
Foreign-currency denominated loans will be eliminated from Hungary's lending market by way of converting them to forint loans before the end of this year, Minister of National Economy Mihály Varga told public media on Monday. Based on a Supreme Court ruling, deeming the rate spread applied to foreign currency loan constructions unfair, Parliament adopted on Friday a bailout package. According to ...
Xpat Opinion: Hungary's Parliament To Rewrite FX Loan Contracts
- 24 Mar 2014 8:00 AM
- property
In their commentaries on the Constitutional Court’s verdict on forex loans, analysts from across the political spectrum agree that it is the government’s responsibility to help indebted families. It is, however, unclear how loans denominated in foreign currencies could be converted into Forint credits without severe economic consequences.
Orange Chicken – Economic Relations Of Hungary & PR Of China – An In-Depth Analysis
- 3 Mar 2014 8:00 AM
- business
Hungary has signed several bilateral agreements with the PR of China, which it calls the main pillar of its “opening to the East”, but that seems to be a first step rather the much desired boost for the Hungarian economy.
Xpat Opinion: Scandal Of The Year? Russian-Hungarian Nuclear Pact
- 30 Jan 2014 5:40 AM
- current affairs
The headlines in Hungarian weeklies illustrate a growing controversy over the planned addition of two Russian-made blocks to the existing Paks nuclear power station: “The scandal of the year” (168 óra); “Eastern Block” (Heti Világgazdaság); “The business of the year?” (Figyelő); “Hungary hooked by Putin” (Magyar Narancs); “Change of Roles in Kissidonia” (Demokrata); “Paks Vobiscum” (“Paks be with ...
Hungary’s Tax Package For 2014 Includes New Tax On Banks And Sugary Drinks
- 24 Oct 2013 9:00 AM
- business
While 250 000 new families are happy with the extended family tax credits and small businesses are satisfied with the support they will receive, banks are not dancing with joy at the introduction of new tax laws for 2014. The Hungarian government submitted next year’s tax package to the Parliament last week, which includes just a few drastic, but several minor changes.
Gault&Millau Hungary 2014 – Presentation Of The New Guide
- 11 Oct 2013 9:00 AM
- food & drink
”Hungarian gastronomic culture has reached its final stages, if it is not past all chances of improvement.” This statement was issued in the 2007 Culinary Charta, signed by over a hundred public figures of all sorts of ideological beliefs within a week. The statement also declared that: ”if any negative trend can be reversed, it must be reversed”. And that „the signatories will lobby for quality”.