1,741 result(s) for finance
Most Hungarians Are Unable To Save
- 25 Nov 2015 8:00 AM
- current affairs
Among Hungarians, 58% cannot afford to save money regularly, debt collection agency Intrum Justicia found in a survey. Those who can put something aside save an average of Ft 36,000 per month. About 50% of respondents said they had been overdue with some payments in the previous 12 months, while 36% said they had paid all bills on time.
Xpat Interview: Károly Gerendai, Owner Of Costes Downtown
- 20 Nov 2015 8:00 AM
- food & drink
Enough time has now passed since the opening of Costes Downtown to reflect accurately, and honestly, about progress so far. I can still see several key challenges, as always this is a process. We are trying to put together a staff with excellent experience, and decent language skills. Sadly, nowadays, those who speak English and have experience have left or are leaving Hungary. And our guest base ...
Budapest-Belgrade Rail Line Upgrade Agreement Finalised
- 19 Nov 2015 8:00 AM
- getting around
Preparation of an agreement on a Chinese-financed project to upgrade the Budapest-Belgrade railway line is drawing to a close, Foreign Affairs and Trade Minister Péter Szijjártó told reporters on Wednesday following talks in Beijing. He said the three parties had agreed on the most important political questions and all indications are that the prime ministers of the three countries can sign the ...
Reactions To Quaestor Compensation Law In Hungary
- 18 Nov 2015 8:00 AM
- business
Hungary’s ruling Fidesz party said the Constitutional Court’s decision to axe parts of a law on compensation for investors of failed brokerage Quaestor served the interests of the banking sector, while opposition parties once again called on the government and central bank to take responsibility for the scandal. Tuesday’s Constitutional Court ruling concerns the law governing a top-up fund which ...
Hungarian Opposition Party DK Demands Termination Of Paks Upgrade
- 18 Nov 2015 3:00 AM
- current affairs
The opposition Democratic Coalition (DK) demanded that the government stops the upgrade of the Paks nuclear plant, a project the party described as “benefitting Russia and (ruling) Fidesz’s corrupt oligarchs”. Bruxinfo on Tuesday suggested that the European Commission could call on Hungary to suspend all Paks-related procurement as Hungary has allegedly violated European public procurement rules ...
Nora Kenyeres, Former CEO, Match Made Abroad
- 11 Nov 2015 11:00 AM
Nora was the Founder and CEO of Match Made Abroad. Match Made Abroad was an exclusive international matchmaking agency headquartered in Budapest. Nora is the first certified matchmaker in Hungary who completed the Matchmaking Institute’s training program in New York.
Hungarian PM Responds To Questions On Child Hunger, Early Retirement
- 10 Nov 2015 8:00 AM
- current affairs
The Fidesz-Christian Democrats government has done by far the most among Hungary’s political parties to combat child hunger in the past 25 years, Prime Minister Viktor Orbán said in response to criticism of the governing parties’ decision last week to throw out an opposition proposal to step up related measures. Dóra Dúró, a lawmaker for the radical nationalist Jobbik party, asked the prime ...
National Bank of Hungary To Launch Growth Supporting Programme
- 4 Nov 2015 8:00 AM
- business
The National Bank of Hungary will launch a Growth Supporting Programme (GSP) in January with the aim of increasing the banking sector’s lending to small and medium-sized firms by 250-400 billion forints, or 5-10% of total corporate lending stock, in 2016. The GSP comprises the final phase of the NBH’s Funding for Growth Scheme (FGS) as well as a package of incentives for active lenders dubbed the ...
Nearly 1,000 EU - Financed Development Projects Delayed
- 4 Nov 2015 3:00 AM
- business
A total of 962 development projects co-financed by the European Union are currently delayed, business daily Világgazdaság reported. Citing cabinet office information, the paper said that at the end of the third quarter the state sector and local councils were 150 billion forints (EUR 480m) behind schedule in taking up EU monies.
Most Hungarians Are Unable To Save
- 25 Nov 2015 8:00 AM
- current affairs
Among Hungarians, 58% cannot afford to save money regularly, debt collection agency Intrum Justicia found in a survey. Those who can put something aside save an average of Ft 36,000 per month. About 50% of respondents said they had been overdue with some payments in the previous 12 months, while 36% said they had paid all bills on time.
Xpat Interview: Károly Gerendai, Owner Of Costes Downtown
- 20 Nov 2015 8:00 AM
- food & drink
Enough time has now passed since the opening of Costes Downtown to reflect accurately, and honestly, about progress so far. I can still see several key challenges, as always this is a process. We are trying to put together a staff with excellent experience, and decent language skills. Sadly, nowadays, those who speak English and have experience have left or are leaving Hungary. And our guest base ...
Budapest-Belgrade Rail Line Upgrade Agreement Finalised
- 19 Nov 2015 8:00 AM
- getting around
Preparation of an agreement on a Chinese-financed project to upgrade the Budapest-Belgrade railway line is drawing to a close, Foreign Affairs and Trade Minister Péter Szijjártó told reporters on Wednesday following talks in Beijing. He said the three parties had agreed on the most important political questions and all indications are that the prime ministers of the three countries can sign the ...
Reactions To Quaestor Compensation Law In Hungary
- 18 Nov 2015 8:00 AM
- business
Hungary’s ruling Fidesz party said the Constitutional Court’s decision to axe parts of a law on compensation for investors of failed brokerage Quaestor served the interests of the banking sector, while opposition parties once again called on the government and central bank to take responsibility for the scandal. Tuesday’s Constitutional Court ruling concerns the law governing a top-up fund which ...
Hungarian Opposition Party DK Demands Termination Of Paks Upgrade
- 18 Nov 2015 3:00 AM
- current affairs
The opposition Democratic Coalition (DK) demanded that the government stops the upgrade of the Paks nuclear plant, a project the party described as “benefitting Russia and (ruling) Fidesz’s corrupt oligarchs”. Bruxinfo on Tuesday suggested that the European Commission could call on Hungary to suspend all Paks-related procurement as Hungary has allegedly violated European public procurement rules ...
Nora Kenyeres, Former CEO, Match Made Abroad
- 11 Nov 2015 11:00 AM
Nora was the Founder and CEO of Match Made Abroad. Match Made Abroad was an exclusive international matchmaking agency headquartered in Budapest. Nora is the first certified matchmaker in Hungary who completed the Matchmaking Institute’s training program in New York.
Hungarian PM Responds To Questions On Child Hunger, Early Retirement
- 10 Nov 2015 8:00 AM
- current affairs
The Fidesz-Christian Democrats government has done by far the most among Hungary’s political parties to combat child hunger in the past 25 years, Prime Minister Viktor Orbán said in response to criticism of the governing parties’ decision last week to throw out an opposition proposal to step up related measures. Dóra Dúró, a lawmaker for the radical nationalist Jobbik party, asked the prime ...
National Bank of Hungary To Launch Growth Supporting Programme
- 4 Nov 2015 8:00 AM
- business
The National Bank of Hungary will launch a Growth Supporting Programme (GSP) in January with the aim of increasing the banking sector’s lending to small and medium-sized firms by 250-400 billion forints, or 5-10% of total corporate lending stock, in 2016. The GSP comprises the final phase of the NBH’s Funding for Growth Scheme (FGS) as well as a package of incentives for active lenders dubbed the ...
Nearly 1,000 EU - Financed Development Projects Delayed
- 4 Nov 2015 3:00 AM
- business
A total of 962 development projects co-financed by the European Union are currently delayed, business daily Világgazdaság reported. Citing cabinet office information, the paper said that at the end of the third quarter the state sector and local councils were 150 billion forints (EUR 480m) behind schedule in taking up EU monies.