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12 result(s) for damage in Finance

To Minimise Fraud OTP Limits Online & Mobile Transfers in Hungary

To Minimise Fraud OTP Limits Online & Mobile Transfers in Hungary

OTP bank will automatically set a daily limit transfer of Ft 1 million for internet and mobile banking transactions for retail customers starting May 8.
Bank-Transfer Fraud Update: Cybershield Programme Extended in Hungary Until 2027

Bank-Transfer Fraud Update: Cybershield Programme Extended in Hungary Until 2027

Although the value of damages caused by bank-transfer fraud decreased in 2023, further efforts are necessary and the participants of the CyberShield programme are extending their cooperation until 2027, National Bank of Hungary (NBH) deputy director governor Csaba Kandracs has said.
EC to Withhold Euro 20 Billion from Hungary - Until it

EC to Withhold Euro 20 Billion from Hungary - Until it "Fulfils All Requirements"

While Hungary has fulfilled requirements on judicial reform, the EU will continue to withhold some 20 billion euros of cohesion funds until other concerns are addressed, Ursula von der Leyen, the European Commission president said.
OTP’s Simple Pay Accounts Hacked in Hungary

OTP’s Simple Pay Accounts Hacked in Hungary

Several readers reported to Telex that their OTP Simple Pay accounts had been hacked after 9 p.m. on Tuesday.
Watch: FinMin Outlines Economic Goals for Hungary on 'Bold Truth' Podcast

Watch: FinMin Outlines Economic Goals for Hungary on 'Bold Truth' Podcast

Finance Minister Mihaly Varga spoke about economic policy goals in the latest instalment of The Bold Truth About Hungary, the podcast of the government’s international spokesman, Zoltán Kovács.
IMF Sees Hungary Economic Growth Among Highest In Region

IMF Sees Hungary Economic Growth Among Highest In Region

The International Monetary Fund (IMF) has bumped up its projection for Hungary’s economic growth in 2022 to 5.7%, among the highest in the region, according to the finance ministry.
'Invoice Factory' Smashed by Hungarian Tax Authority

'Invoice Factory' Smashed by Hungarian Tax Authority

The National Tax and Customs Office recently raided 42 locations simultaneously, terminating an invoice factory which is suspected of having caused Ft 2 billion worth of damage to the budget, the organisation announced on Thursday.
Historic Forint Fall: Hungary Blames Brussels

Historic Forint Fall: Hungary Blames Brussels

Hungary’s currency has become a victim of Brussels’s sanctions, which have caused substantial damage to the Hungarian economy, Finance Minister Mihály Varga said on Monday.
Opinion: Hungary’s Economic Outlook Seen as Uncertain

Opinion: Hungary’s Economic Outlook Seen as Uncertain

A leading investment banker predicts that the war in Ukraine will have seriously negative economic implications for Hungary where soaring inflation may trigger stagflation.
To Minimise Fraud OTP Limits Online & Mobile Transfers in Hungary

To Minimise Fraud OTP Limits Online & Mobile Transfers in Hungary

OTP bank will automatically set a daily limit transfer of Ft 1 million for internet and mobile banking transactions for retail customers starting May 8.
Bank-Transfer Fraud Update: Cybershield Programme Extended in Hungary Until 2027

Bank-Transfer Fraud Update: Cybershield Programme Extended in Hungary Until 2027

Although the value of damages caused by bank-transfer fraud decreased in 2023, further efforts are necessary and the participants of the CyberShield programme are extending their cooperation until 2027, National Bank of Hungary (NBH) deputy director governor Csaba Kandracs has said.
EC to Withhold Euro 20 Billion from Hungary - Until it

EC to Withhold Euro 20 Billion from Hungary - Until it "Fulfils All Requirements"

While Hungary has fulfilled requirements on judicial reform, the EU will continue to withhold some 20 billion euros of cohesion funds until other concerns are addressed, Ursula von der Leyen, the European Commission president said.
OTP’s Simple Pay Accounts Hacked in Hungary

OTP’s Simple Pay Accounts Hacked in Hungary

Several readers reported to Telex that their OTP Simple Pay accounts had been hacked after 9 p.m. on Tuesday.
Watch: FinMin Outlines Economic Goals for Hungary on 'Bold Truth' Podcast

Watch: FinMin Outlines Economic Goals for Hungary on 'Bold Truth' Podcast

Finance Minister Mihaly Varga spoke about economic policy goals in the latest instalment of The Bold Truth About Hungary, the podcast of the government’s international spokesman, Zoltán Kovács.
IMF Sees Hungary Economic Growth Among Highest In Region

IMF Sees Hungary Economic Growth Among Highest In Region

The International Monetary Fund (IMF) has bumped up its projection for Hungary’s economic growth in 2022 to 5.7%, among the highest in the region, according to the finance ministry.
'Invoice Factory' Smashed by Hungarian Tax Authority

'Invoice Factory' Smashed by Hungarian Tax Authority

The National Tax and Customs Office recently raided 42 locations simultaneously, terminating an invoice factory which is suspected of having caused Ft 2 billion worth of damage to the budget, the organisation announced on Thursday.
Historic Forint Fall: Hungary Blames Brussels

Historic Forint Fall: Hungary Blames Brussels

Hungary’s currency has become a victim of Brussels’s sanctions, which have caused substantial damage to the Hungarian economy, Finance Minister Mihály Varga said on Monday.
Opinion: Hungary’s Economic Outlook Seen as Uncertain

Opinion: Hungary’s Economic Outlook Seen as Uncertain

A leading investment banker predicts that the war in Ukraine will have seriously negative economic implications for Hungary where soaring inflation may trigger stagflation.