203 result(s) for erste
Xpat Opinion: Stop Using Taxes As A Weapon
- 20 Feb 2015 8:00 AM
- business
By Tom Popper, Managing Editor, Budapest Business Journal: It is generally understood that tax cuts are good for business, and can actually increase government revenue by encouraging private-sector activity, which in turn generates more taxable revenue.
Hungary Buys Stake In ERSTE, Pledges Bank Tax Cut
- 13 Feb 2015 8:00 AM
- business
Conservative pundits welcome the government’s decision to temporarily invest in ERSTE Bank Hungary and pledge to take out the surplus bank tax. This, they believe, will help consolidate the banking sector and boost lending. A left-wing commentator doubts that the government will fulfil its promises.
Hungarian Opposition Parties Criticise Erste Purchase
- 12 Feb 2015 11:30 AM
- current affairs
The opposition Socialist, Liberal and green LMP parties have slammed the government for signing a memorandum of understanding under which the state of Hungary would obtain a stake in Erste Bank Hungary. The Socialists said that “the corrupt government’s move” could cost taxpayers hundreds of billions of forints, and asked who would benefit from the deal.
Giró-Szász: EBRD Deal Signals New Fiscal Policy In Hungary
- 12 Feb 2015 3:00 AM
- business
The government’s recent signing of an agreement with the European Bank for Reconstruction and Development (EBRD) marks the beginning of a new era in Hungary’s fiscal policy, cabinet state secretary András Giró-Szász said, insisting that the government had stabilised the Hungarian economy and resolved the problem of troubled forex debtors, which created an opportunity to reduce the sectoral tax on ...
EBRD: Hungary - Erste Deal To Create Better Environment For Banks
- 11 Feb 2015 8:00 AM
- business
Monday’s memorandum of understanding under which the state of Hungary and the European Bank for Reconstruction and Development (EBRD) will acquire a stake in Erste Bank Hungary could contribute to a “stable and predictable” environment for the banking sector in Hungary, President Suma Chakrabarti, EBRD’s president, said.
Advertising Tax Remains In Hungary
- 11 Feb 2015 8:00 AM
- business
The advertising tax will stay, the most important objective of the government is to maintain the system of special taxes – Minister of the Prime Minister’s Office János Lázár said in an interview given to the public broadcaster Kossuth Rádió.
Erste Rejects Hungary's Raiffeisen Buyout Rumour
- 5 Feb 2015 8:00 AM
- business
The Austrian owners of both Erste and Raiffeisen banks denied a Tuesday report that Erste Bank would buy the Hungarian subsidiary of Raiffeisen. HVG had cited various sources as saying the negotiations were at an advanced stage under the code name Zeus, and enjoyed government support.
Analysts Turn Bearish On Hungary's Economy
- 23 Jan 2015 8:00 AM
- business
Only 12.5% of analysts described Hungary’s economic situation as good, compared with 19.1% in December, while 20.8% considered it downright bad, according to survey by German research institute ZEW and Erste Bank.
Hungary Posts Negative Inflation Of -0.9% In Dec
- 14 Jan 2015 3:00 AM
- business
Consumer prices in Hungary dropped by an annual 0.9% in December, the Central Statistical Office (KSH) said. Emerging market analysts in London had expected a reading in December of -0.4%. Consumer prices fell by 0.7% in November and by 0.2% on average in 2014.
Xpat Opinion: Stop Using Taxes As A Weapon
- 20 Feb 2015 8:00 AM
- business
By Tom Popper, Managing Editor, Budapest Business Journal: It is generally understood that tax cuts are good for business, and can actually increase government revenue by encouraging private-sector activity, which in turn generates more taxable revenue.
Hungary Buys Stake In ERSTE, Pledges Bank Tax Cut
- 13 Feb 2015 8:00 AM
- business
Conservative pundits welcome the government’s decision to temporarily invest in ERSTE Bank Hungary and pledge to take out the surplus bank tax. This, they believe, will help consolidate the banking sector and boost lending. A left-wing commentator doubts that the government will fulfil its promises.
Hungarian Opposition Parties Criticise Erste Purchase
- 12 Feb 2015 11:30 AM
- current affairs
The opposition Socialist, Liberal and green LMP parties have slammed the government for signing a memorandum of understanding under which the state of Hungary would obtain a stake in Erste Bank Hungary. The Socialists said that “the corrupt government’s move” could cost taxpayers hundreds of billions of forints, and asked who would benefit from the deal.
Giró-Szász: EBRD Deal Signals New Fiscal Policy In Hungary
- 12 Feb 2015 3:00 AM
- business
The government’s recent signing of an agreement with the European Bank for Reconstruction and Development (EBRD) marks the beginning of a new era in Hungary’s fiscal policy, cabinet state secretary András Giró-Szász said, insisting that the government had stabilised the Hungarian economy and resolved the problem of troubled forex debtors, which created an opportunity to reduce the sectoral tax on ...
EBRD: Hungary - Erste Deal To Create Better Environment For Banks
- 11 Feb 2015 8:00 AM
- business
Monday’s memorandum of understanding under which the state of Hungary and the European Bank for Reconstruction and Development (EBRD) will acquire a stake in Erste Bank Hungary could contribute to a “stable and predictable” environment for the banking sector in Hungary, President Suma Chakrabarti, EBRD’s president, said.
Advertising Tax Remains In Hungary
- 11 Feb 2015 8:00 AM
- business
The advertising tax will stay, the most important objective of the government is to maintain the system of special taxes – Minister of the Prime Minister’s Office János Lázár said in an interview given to the public broadcaster Kossuth Rádió.
Erste Rejects Hungary's Raiffeisen Buyout Rumour
- 5 Feb 2015 8:00 AM
- business
The Austrian owners of both Erste and Raiffeisen banks denied a Tuesday report that Erste Bank would buy the Hungarian subsidiary of Raiffeisen. HVG had cited various sources as saying the negotiations were at an advanced stage under the code name Zeus, and enjoyed government support.
Analysts Turn Bearish On Hungary's Economy
- 23 Jan 2015 8:00 AM
- business
Only 12.5% of analysts described Hungary’s economic situation as good, compared with 19.1% in December, while 20.8% considered it downright bad, according to survey by German research institute ZEW and Erste Bank.
Hungary Posts Negative Inflation Of -0.9% In Dec
- 14 Jan 2015 3:00 AM
- business
Consumer prices in Hungary dropped by an annual 0.9% in December, the Central Statistical Office (KSH) said. Emerging market analysts in London had expected a reading in December of -0.4%. Consumer prices fell by 0.7% in November and by 0.2% on average in 2014.















