2,018 result(s) for cut
Hungary’s House Of Parliament Approves Utility Rate Cuts
- 7 Feb 2014 8:00 AM
- current affairs
Parliament yesterday approved a third round of cuts in household energy fees, as well as new regulations on the amount of cash that can be withdrawn from ATMs, as part of the same bill.
Hungary's National Bank Investigates Default Rumour
- 6 Feb 2014 8:00 AM
- current affairs
The MNB has launched an investigation into the rumour spread on January 29 which falsely stated that Hungary was unable to meet its capital and interest payment duties that day.
Hungary’s Lawmakers Approve Third Utility Bill Cut
- 6 Feb 2014 3:00 AM
- current affairs
Lawmakers approved on Thursday the third law on reducing public utility bills for households. The law tabled by Fidesz’s parliamentary leader Antal Rogán passed in a vote of 298 to 7 with 5 abstentions. Under the law, the price of gas will fall by 6.5% from April while the price of electricity will be cut by 5.7% from September. District heating will be cut by 3.3% from October this year.
Fight Over Utility Fee Cuts Must Be Fought In Brussels, Says Hungary’s PM
- 3 Feb 2014 8:00 AM
- current affairs
The fight over utility fee cuts must be fought in Brussels instead of Budapest in the months ahead, Prime Minister Viktor Orbán told public radio. The European Union wants to deregulate energy prices, and experience shows that in countries without price regulation – where competition could have developed in the energy sector – companies did backroom deals and prices were higher than those set by ...
Xpat Opinion: The Role Of Utility Tariffs In The Election Campaign In Hungary
- 3 Feb 2014 8:00 AM
- current affairs
“The war on utility costs” is featured in two parallel analyses of the upcoming election campaign. A left-leaning commentator notes that Fidesz chose the cut in utility prices as its main theme for the campaign and the now united opposition must convince the electorate that they offer more substantial safety and freedom. A commentator for a pro-government daily notes that negative statements on ...
Xpat Opinion: Hungary's Forint Under Pressure
- 3 Feb 2014 8:00 AM
- current affairs
A business analyst says critics have been too hasty to condemn the National Bank for not resorting to swift “verbal intervention” in response to the heavy losses the Forint has suffered over the past week. A pro-government columnist urges decision makers to consider joining the Eurozone, in order to shield Hungary from currency fluctuations.
Hungary's Ruling Party Fidesz Keen To Fight EU On Energy Rates
- 31 Jan 2014 8:00 AM
- current affairs
The government will most firmly resist EU attempts to attack and impede utility rate cuts, Prime Minister’s Office leader János Lázár told reporters in Mád, Borsod county on Wednesday. Brussels will not be able to prevent further cuts in energy prices, “although we have no doubts that it will try” he declared.
Hungary's Forint Weakens To Two-Year Lows
- 31 Jan 2014 8:00 AM
- business
The forint endured a wild roller-coaster ride on Wednesday, trading in a wide range between 302.6 and 310 against the euro, the latter being its weakest level since January 2012.
Governor Of National Bank Of Hungary At AmCham Event
- 30 Jan 2014 8:00 AM
- business
The structural reforms introduced by the government have brought about a break in financial and economic trends in Hungary, proving the success of its unorthodox crisis management, György Matolcsy, governor of the National Bank of Hungary, told a conference.
Hungary’s House Of Parliament Approves Utility Rate Cuts
- 7 Feb 2014 8:00 AM
- current affairs
Parliament yesterday approved a third round of cuts in household energy fees, as well as new regulations on the amount of cash that can be withdrawn from ATMs, as part of the same bill.
Hungary's National Bank Investigates Default Rumour
- 6 Feb 2014 8:00 AM
- current affairs
The MNB has launched an investigation into the rumour spread on January 29 which falsely stated that Hungary was unable to meet its capital and interest payment duties that day.
Hungary’s Lawmakers Approve Third Utility Bill Cut
- 6 Feb 2014 3:00 AM
- current affairs
Lawmakers approved on Thursday the third law on reducing public utility bills for households. The law tabled by Fidesz’s parliamentary leader Antal Rogán passed in a vote of 298 to 7 with 5 abstentions. Under the law, the price of gas will fall by 6.5% from April while the price of electricity will be cut by 5.7% from September. District heating will be cut by 3.3% from October this year.
Fight Over Utility Fee Cuts Must Be Fought In Brussels, Says Hungary’s PM
- 3 Feb 2014 8:00 AM
- current affairs
The fight over utility fee cuts must be fought in Brussels instead of Budapest in the months ahead, Prime Minister Viktor Orbán told public radio. The European Union wants to deregulate energy prices, and experience shows that in countries without price regulation – where competition could have developed in the energy sector – companies did backroom deals and prices were higher than those set by ...
Xpat Opinion: The Role Of Utility Tariffs In The Election Campaign In Hungary
- 3 Feb 2014 8:00 AM
- current affairs
“The war on utility costs” is featured in two parallel analyses of the upcoming election campaign. A left-leaning commentator notes that Fidesz chose the cut in utility prices as its main theme for the campaign and the now united opposition must convince the electorate that they offer more substantial safety and freedom. A commentator for a pro-government daily notes that negative statements on ...
Xpat Opinion: Hungary's Forint Under Pressure
- 3 Feb 2014 8:00 AM
- current affairs
A business analyst says critics have been too hasty to condemn the National Bank for not resorting to swift “verbal intervention” in response to the heavy losses the Forint has suffered over the past week. A pro-government columnist urges decision makers to consider joining the Eurozone, in order to shield Hungary from currency fluctuations.
Hungary's Ruling Party Fidesz Keen To Fight EU On Energy Rates
- 31 Jan 2014 8:00 AM
- current affairs
The government will most firmly resist EU attempts to attack and impede utility rate cuts, Prime Minister’s Office leader János Lázár told reporters in Mád, Borsod county on Wednesday. Brussels will not be able to prevent further cuts in energy prices, “although we have no doubts that it will try” he declared.
Hungary's Forint Weakens To Two-Year Lows
- 31 Jan 2014 8:00 AM
- business
The forint endured a wild roller-coaster ride on Wednesday, trading in a wide range between 302.6 and 310 against the euro, the latter being its weakest level since January 2012.
Governor Of National Bank Of Hungary At AmCham Event
- 30 Jan 2014 8:00 AM
- business
The structural reforms introduced by the government have brought about a break in financial and economic trends in Hungary, proving the success of its unorthodox crisis management, György Matolcsy, governor of the National Bank of Hungary, told a conference.