1,626 result(s) for economy minister
NBH: Hungary Prepared For Brexit Effects
- 25 Jun 2016 9:00 AM
- business
The National Bank of Hungary (NBH) has prepared for both outcomes of the British vote on European Union membership, NBH managing director Dániel Palotai told MTI after UK voters decided to leave to bloc at a referendum. “We continuously monitor the reactions of financial markets,” Palotai said on the sidelines of a conference. “We have all the necessary tools to ensure financial stability,” he ...
US-Hungary Business Council Delegation In Budapest
- 24 Jun 2016 9:00 AM
- business
A delegation of the non-profit US-Hungary Business Council, met Economy Minister Mihály Varga in Budapest on the second day of its first business mission organised in Hungary. Varga greeted USHBC head Eric Stewart in his office and said that the Hungarian government’s investor-friendly policies offer good opportunities for US firms.
State, EBRD Buy 15% Stakes In Erste Bank Hungary
- 22 Jun 2016 9:00 AM
- business
The Hungarian state and the European Bank for Reconstruction and Development (EBRD) today finalized acquisition of 15% stakes each in the local unit of Austrian banking group Erste, as per an agreement made in February 2015, Hungarian news agency MTI reported. Hungary reportedly paid HUF 38.9 billion for its 15% stake.
Szijjártó: Hungary Supports UK’s Continued EU Membership
- 21 Jun 2016 9:00 AM
- current affairs
It is in the interest of the European Union and Hungary that Britain should vote to remain in the bloc, Foreign Minister Péter Szijjártó said before a meeting of his European counterparts in Luxembourg. Brexit, if it were to happen, would have an “extreme impact” on the EU, he said, noting that Britain was the second largest economy in Europe as well as the world’s fifth largest.
Varga: Brexit Could Slow Hungarian GDP Growth By 0.4%
- 20 Jun 2016 9:00 AM
- business
The exit of Great Britain from the European Union could slow the speed of Hungarian GDP growth by 0.3-0.4 of a percentage point, National Economy Minister Mihály Varga said at a press conference regarding the 2017 Hungarian budget bill.
Hungarian Parliament Bans Uber Application
- 20 Jun 2016 9:00 AM
- getting around
The National Assembly of Hungary voted on Monday to allow authorities to block websites that offer unauthorized livery services, reports Hungarian news site 444.hu. The law, which is scheduled to come into effect over the next month, was approved by MPs with a 119-61 vote, and three abstentions. The bill had been submitted ny Minister of National Development Miklós Seszták.
Government Abandons Program Intended To Lure Young Hungarians Back Home
- 17 Jun 2016 9:00 AM
- current affairs
Minister of National Economy Mihály Varga announced Tuesday that the government would end its “Gyere Haza Fiatal!” (“Come home, youth!”) program. This program was the government’s failed way of luring back young Hungarians who had emigrated to seek employment abroad.
Parlt Raises 2016 Budget Revenue, Spending Targets By HUF 422Bn
- 14 Jun 2016 9:00 AM
- current affairs
Lawmakers approved amendments to the 2016 budget act raising both revenue and expenditures by 421.7 billion forints (EUR 1.4bn). The amendments were passed with 121 votes in favour and 63 against. The MPs raised the revenue target from 15,800.4 billion forints to 16,222.1 billion forints. They increased the expenditure target from 16,562.0 billion forints to 16,983.7 billion forints.
EIB Group Opens Budapest Office
- 14 Jun 2016 9:00 AM
- business
The Investment Bank (EIB) officially opened its Budapest office at a ceremony held at the Hungarian Academy of Sciences. Few countries would make better partners for the EIB than Hungary, Prime Minister Viktor Orbán said in his address. At the event, Hungary signed a 30 billion forint (EUR 96m) refinancing agreement with the EIB for the construction of gymnasiums, swimming pools, sports courts ...
NBH: Hungary Prepared For Brexit Effects
- 25 Jun 2016 9:00 AM
- business
The National Bank of Hungary (NBH) has prepared for both outcomes of the British vote on European Union membership, NBH managing director Dániel Palotai told MTI after UK voters decided to leave to bloc at a referendum. “We continuously monitor the reactions of financial markets,” Palotai said on the sidelines of a conference. “We have all the necessary tools to ensure financial stability,” he ...
US-Hungary Business Council Delegation In Budapest
- 24 Jun 2016 9:00 AM
- business
A delegation of the non-profit US-Hungary Business Council, met Economy Minister Mihály Varga in Budapest on the second day of its first business mission organised in Hungary. Varga greeted USHBC head Eric Stewart in his office and said that the Hungarian government’s investor-friendly policies offer good opportunities for US firms.
State, EBRD Buy 15% Stakes In Erste Bank Hungary
- 22 Jun 2016 9:00 AM
- business
The Hungarian state and the European Bank for Reconstruction and Development (EBRD) today finalized acquisition of 15% stakes each in the local unit of Austrian banking group Erste, as per an agreement made in February 2015, Hungarian news agency MTI reported. Hungary reportedly paid HUF 38.9 billion for its 15% stake.
Szijjártó: Hungary Supports UK’s Continued EU Membership
- 21 Jun 2016 9:00 AM
- current affairs
It is in the interest of the European Union and Hungary that Britain should vote to remain in the bloc, Foreign Minister Péter Szijjártó said before a meeting of his European counterparts in Luxembourg. Brexit, if it were to happen, would have an “extreme impact” on the EU, he said, noting that Britain was the second largest economy in Europe as well as the world’s fifth largest.
Varga: Brexit Could Slow Hungarian GDP Growth By 0.4%
- 20 Jun 2016 9:00 AM
- business
The exit of Great Britain from the European Union could slow the speed of Hungarian GDP growth by 0.3-0.4 of a percentage point, National Economy Minister Mihály Varga said at a press conference regarding the 2017 Hungarian budget bill.
Hungarian Parliament Bans Uber Application
- 20 Jun 2016 9:00 AM
- getting around
The National Assembly of Hungary voted on Monday to allow authorities to block websites that offer unauthorized livery services, reports Hungarian news site 444.hu. The law, which is scheduled to come into effect over the next month, was approved by MPs with a 119-61 vote, and three abstentions. The bill had been submitted ny Minister of National Development Miklós Seszták.
Government Abandons Program Intended To Lure Young Hungarians Back Home
- 17 Jun 2016 9:00 AM
- current affairs
Minister of National Economy Mihály Varga announced Tuesday that the government would end its “Gyere Haza Fiatal!” (“Come home, youth!”) program. This program was the government’s failed way of luring back young Hungarians who had emigrated to seek employment abroad.
Parlt Raises 2016 Budget Revenue, Spending Targets By HUF 422Bn
- 14 Jun 2016 9:00 AM
- current affairs
Lawmakers approved amendments to the 2016 budget act raising both revenue and expenditures by 421.7 billion forints (EUR 1.4bn). The amendments were passed with 121 votes in favour and 63 against. The MPs raised the revenue target from 15,800.4 billion forints to 16,222.1 billion forints. They increased the expenditure target from 16,562.0 billion forints to 16,983.7 billion forints.
EIB Group Opens Budapest Office
- 14 Jun 2016 9:00 AM
- business
The Investment Bank (EIB) officially opened its Budapest office at a ceremony held at the Hungarian Academy of Sciences. Few countries would make better partners for the EIB than Hungary, Prime Minister Viktor Orbán said in his address. At the event, Hungary signed a 30 billion forint (EUR 96m) refinancing agreement with the EIB for the construction of gymnasiums, swimming pools, sports courts ...