79 result(s) for czech republic in Business
Hungary Stands Out In The European Union
- 28 May 2010 1:00 AM
- business
"The European Union has broken up into four or five well-definable groups with respect to the health of their economy and the fiscal policy they had chosen to adopt in a bid to remain standing amidst the strong winds of the crisis. Hungary is not in any of these.
Hungary Orbán Pledges "Radical Simplification" Of The Tax Regime
- 20 May 2010 2:00 AM
- business
"Poverty is the gravedigger of democracy," said Viktor Orbán, Hungary’s Prime Minister-elect on Wednesday, adding that he would include this statement in the government’s economic programme. He borrowed the quote from Sándor Demján, head of real estate developer giant TriGranit, who spoke before him at a conference in Budapest today. With regard to the incoming cabinet’s tax plans Orbán said they ...
Fitch Sees Crisis Delaying Eastern European Euro Adoption
- 7 May 2010 5:00 AM
- business
"The global financial crisis has caused a further setback to euro adoption timetables in most EU member states in central and eastern Europe (CEE), owing to a marked widening of budget deficits and higher sovereign bond spreads, Fitch Ratings has said in a new report on Thursday. The exception, in the rating agency’s view, is Estonia, which Fitch expects to join the euro area in January 2011.
European Recovery May Choke On Volcanic Ash
- 19 Apr 2010 5:00 AM
- business
"Hungarian airspace remains closed from all traffic until Monday noon local time, the National Transport Authority’s Civil Aviation Directorate announced. This means that all flights are cancelled in Hungary and Budapest Airport has no incoming our outbound flights at all. The airspace closure, implemented all over Europe due to a volcanic eruption in Iceland sending dangerous ash clouds into the ...
Credigen Bank Withdraws From Hungary
- 12 Apr 2010 3:00 AM
- business
"Credigen Bank, the Hungarian consumer finance unit of French Sofinco, has terminated its activities in Hungary. A major player on the local consumer loan market, it will complete collecting its outstanding debt and then withdraw from Hungary altogether, the bank confirmed to local news portal index.hu. It has contracts with such large retail chains as Tesco, Media Markt, Saturn and Extreme ...
JPmorgan Sees Hungary's Forint At 250 vs EUR By End-2011
- 22 Mar 2010 1:00 AM
- business
"Hungary’s forint could firm to 250 versus the euro by the end of 2011, and the country is likely to be the first in the region to join the euro zone, JPMorgan projected in its latest quarterly research note on Friday. While JPMorgan’s analysts expect the Hungarian economy to grow by 0.5% this year, UBS is less upbeat, forecasting a 0.5% GDP contraction.
Hungary Csányi Puts Spice In Food Business By Snatching Salami Maker Herz
- 9 Mar 2010 3:00 AM
- business
"Hungary’s competition authority (GVH) has approved Bonafarm Zrt., an interest of OTP Bank Chairman-CEO Sándor Csányi, to acquire 100% of salami maker Herz Szalámigyár Zrt., and all of its movable and immovable property. Herz has been under liquidation.
Hungary Stands Out In The European Union
- 28 May 2010 1:00 AM
- business
"The European Union has broken up into four or five well-definable groups with respect to the health of their economy and the fiscal policy they had chosen to adopt in a bid to remain standing amidst the strong winds of the crisis. Hungary is not in any of these.
Hungary Orbán Pledges "Radical Simplification" Of The Tax Regime
- 20 May 2010 2:00 AM
- business
"Poverty is the gravedigger of democracy," said Viktor Orbán, Hungary’s Prime Minister-elect on Wednesday, adding that he would include this statement in the government’s economic programme. He borrowed the quote from Sándor Demján, head of real estate developer giant TriGranit, who spoke before him at a conference in Budapest today. With regard to the incoming cabinet’s tax plans Orbán said they ...
Fitch Sees Crisis Delaying Eastern European Euro Adoption
- 7 May 2010 5:00 AM
- business
"The global financial crisis has caused a further setback to euro adoption timetables in most EU member states in central and eastern Europe (CEE), owing to a marked widening of budget deficits and higher sovereign bond spreads, Fitch Ratings has said in a new report on Thursday. The exception, in the rating agency’s view, is Estonia, which Fitch expects to join the euro area in January 2011.
European Recovery May Choke On Volcanic Ash
- 19 Apr 2010 5:00 AM
- business
"Hungarian airspace remains closed from all traffic until Monday noon local time, the National Transport Authority’s Civil Aviation Directorate announced. This means that all flights are cancelled in Hungary and Budapest Airport has no incoming our outbound flights at all. The airspace closure, implemented all over Europe due to a volcanic eruption in Iceland sending dangerous ash clouds into the ...
Credigen Bank Withdraws From Hungary
- 12 Apr 2010 3:00 AM
- business
"Credigen Bank, the Hungarian consumer finance unit of French Sofinco, has terminated its activities in Hungary. A major player on the local consumer loan market, it will complete collecting its outstanding debt and then withdraw from Hungary altogether, the bank confirmed to local news portal index.hu. It has contracts with such large retail chains as Tesco, Media Markt, Saturn and Extreme ...
JPmorgan Sees Hungary's Forint At 250 vs EUR By End-2011
- 22 Mar 2010 1:00 AM
- business
"Hungary’s forint could firm to 250 versus the euro by the end of 2011, and the country is likely to be the first in the region to join the euro zone, JPMorgan projected in its latest quarterly research note on Friday. While JPMorgan’s analysts expect the Hungarian economy to grow by 0.5% this year, UBS is less upbeat, forecasting a 0.5% GDP contraction.
Hungary Csányi Puts Spice In Food Business By Snatching Salami Maker Herz
- 9 Mar 2010 3:00 AM
- business
"Hungary’s competition authority (GVH) has approved Bonafarm Zrt., an interest of OTP Bank Chairman-CEO Sándor Csányi, to acquire 100% of salami maker Herz Szalámigyár Zrt., and all of its movable and immovable property. Herz has been under liquidation.