69 result(s) for european investment bank in Business
Hungary Investment Volume Drops 3.4% In Q3
- 26 Nov 2015 12:00 AM
- business
Investment volume in Hungary was down by an annual 3.4% in the third quarter after rising by 5.7% in the second and falling by 3.9% in the first quarter, the Central Statistical Office (KSH) said. Third-quarter investments fell in all sectors with the exception of the property as well as business and the public administration, social insurance and defence sectors. In the latter sector, ...
Hungarian Forint Liquidity Of Banking Sector Falls In Sept
- 13 Oct 2015 9:00 AM
- business
Forint liquidity of Hungary’s banking sector fell in September from a month earlier, reflected mainly in the lower average stocks of two-week central bank deposits, the National Bank of Hungary said in a report. The average stock of two-week deposits decreased by 241.8 billion forints to 4,290 billion, the report based on preliminary data shows. The average stock of external assets fell by 350 ...
Hungary May Become Central-Europe’s Growth Hub
- 5 Oct 2015 11:00 AM
- business
Hungary has the capacity to become Central-Europe’s growth hub, Prime Minister Viktor Orbán said at the opening ceremony of the Bank of China’s RMB clearing centre in Hungary. Let us believe the Chinese (...), if they chose Budapest as their regional centre, there must plenty of steam, potential and future in this country (...). We are able to increase even our current economic performance, with ...
Govt Office Chief Presses For National Infrastructure Development Programme
- 1 Oct 2015 5:24 AM
- business
Government office chief János Lázár urged the launch of a national infrastructure development programme, speaking at a conference organised by Portfolio.hu. The development programme will be used to fund the roughly 100 Hungarian companies that do not count as small and medium-sized firms and are thus not eligible for EU funds.
2016 Tax Changes In Hungary “Simplest Ever”
- 15 May 2015 9:00 AM
- business
The 2016 tax bill just submitted to parliament contains the shortest tax provisions ever and introduces no new taxes, state secretary András Tállai said. New elements of the tax measures include a scheme called “tax loan for growth”, which means that companies that manage to raise their pre-tax profits five-fold in a year can defer their tax payments, thereby gaining resources for further ...
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.
Bank Levy Reduction Could Benefit Hungary Rating
- 12 Feb 2015 8:00 AM
- business
The government’s plan to reduce the bank levy could have a positive impact on Hungary’s sovereign rating, Reuters quoted an analyst for Fitch Ratings as saying. “One key policy would be to reduce this tax on the banking sector and that I think would be positive for our assessment,” Arnaud Louis said.
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.
Hungarian Govt: No Risks In 2015 Budget
- 12 Dec 2014 8:00 AM
- business
Government officials have said there were no risks in the 2015 budget, noting that the budget had not taken into account the some 300 billion forints (EUR 980m) in profit the National Bank of Hungary is expected to generate and saying there was fiscal room for a number of big investments.
Hungary Investment Volume Drops 3.4% In Q3
- 26 Nov 2015 12:00 AM
- business
Investment volume in Hungary was down by an annual 3.4% in the third quarter after rising by 5.7% in the second and falling by 3.9% in the first quarter, the Central Statistical Office (KSH) said. Third-quarter investments fell in all sectors with the exception of the property as well as business and the public administration, social insurance and defence sectors. In the latter sector, ...
Hungarian Forint Liquidity Of Banking Sector Falls In Sept
- 13 Oct 2015 9:00 AM
- business
Forint liquidity of Hungary’s banking sector fell in September from a month earlier, reflected mainly in the lower average stocks of two-week central bank deposits, the National Bank of Hungary said in a report. The average stock of two-week deposits decreased by 241.8 billion forints to 4,290 billion, the report based on preliminary data shows. The average stock of external assets fell by 350 ...
Hungary May Become Central-Europe’s Growth Hub
- 5 Oct 2015 11:00 AM
- business
Hungary has the capacity to become Central-Europe’s growth hub, Prime Minister Viktor Orbán said at the opening ceremony of the Bank of China’s RMB clearing centre in Hungary. Let us believe the Chinese (...), if they chose Budapest as their regional centre, there must plenty of steam, potential and future in this country (...). We are able to increase even our current economic performance, with ...
Govt Office Chief Presses For National Infrastructure Development Programme
- 1 Oct 2015 5:24 AM
- business
Government office chief János Lázár urged the launch of a national infrastructure development programme, speaking at a conference organised by Portfolio.hu. The development programme will be used to fund the roughly 100 Hungarian companies that do not count as small and medium-sized firms and are thus not eligible for EU funds.
2016 Tax Changes In Hungary “Simplest Ever”
- 15 May 2015 9:00 AM
- business
The 2016 tax bill just submitted to parliament contains the shortest tax provisions ever and introduces no new taxes, state secretary András Tállai said. New elements of the tax measures include a scheme called “tax loan for growth”, which means that companies that manage to raise their pre-tax profits five-fold in a year can defer their tax payments, thereby gaining resources for further ...
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.
Bank Levy Reduction Could Benefit Hungary Rating
- 12 Feb 2015 8:00 AM
- business
The government’s plan to reduce the bank levy could have a positive impact on Hungary’s sovereign rating, Reuters quoted an analyst for Fitch Ratings as saying. “One key policy would be to reduce this tax on the banking sector and that I think would be positive for our assessment,” Arnaud Louis said.
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.
Hungarian Govt: No Risks In 2015 Budget
- 12 Dec 2014 8:00 AM
- business
Government officials have said there were no risks in the 2015 budget, noting that the budget had not taken into account the some 300 billion forints (EUR 980m) in profit the National Bank of Hungary is expected to generate and saying there was fiscal room for a number of big investments.