2,357 result(s) for financial
Governor Of National Bank Of Hungary At AmCham Event
- 30 Jan 2014 8:00 AM
- business
The structural reforms introduced by the government have brought about a break in financial and economic trends in Hungary, proving the success of its unorthodox crisis management, György Matolcsy, governor of the National Bank of Hungary, told a conference.
Fidesz MP Proposes More Cuts To Banking Charges In Hungary
- 28 Jan 2014 8:00 AM
- current affairs
Fidesz lawmaker Szilárd Németh has proposed further cuts to household banking fees. Németh told public radio that he had proposed to Fidesz MPs raising the monthly limit on the free withdrawals and increasing their number from two to four.
Complex Cycling Programme In Preparation In Hungary
- 27 Jan 2014 8:00 AM
- getting around
The year 2014 is all about laying a basis for large-scale cycling developments to be implemented in the years to come, Minister of State for Infrastructure Pál Völner said at a professional event presenting the Cycling Development Programme entitled ‘Cycling is an Experience!’ (Bringázni Élmény!) held in Budapest on 23 January, 2014. Under the guidance of the Transport Development Coordination ...
Paks Nuclear Power Plant: German Industrialist Mediates Between Putin And Hungary’s PM Orbán
- 22 Jan 2014 8:00 AM
- current affairs
Staffers of Rosatom visited Budapest day by day; Orbán and Lázár held talks with the EU Energy Commissioner Günther Oettinger, Orbán had consultations with Barroso, the Rothschild Group and Hengeler Mueller German law firm intervened to have Brussels’ fiat for an arrangement in which competitive bids were not invited. Lázár headed a governmental task force to pull off this hush-hush project – ...
Xpat Opinion: Russia To Build Nuclear Power Plant Blocks In Hungary
- 16 Jan 2014 8:00 AM
- current affairs
Pro-government commentators welcome the nuclear deal between Hungary and Russia, and argue that it will serve the Hungarian national interest. Left-wing columnists, on the other hand, criticize the lack of transparency and the increased dependence on the Russian energy infrastructure which the agreement will cause.
Xpat Opinion: Banking Services In Hungary: Not A Bad Business Afterall?
- 16 Jan 2014 8:00 AM
- business
In 2010, when the Government introduced crisis taxes on banks, the measures met with surprise and shock. Some predicted that the taxes would provoke banks to completely deleverage and leave Hungary. The reaction did not surprise Government officials, however, who responded that if the financial crisis were to deepen in Hungary it would not be due to banks leaving Hungary but because of the high ...
Xpat Opinion: Hungary’s Economic Sentiment Indicator: Highest In Europe
- 16 Jan 2014 8:00 AM
- business
Last Thursday, the European Commission’s Economic and Financial Affairs Directorate General released the December 2013 data for the EU’s Economic Sentiment Indicator. The Economic Sentiment Indicator, or ESI, is “a composite indicator made up of five sectoral confidence indicators” reflecting the level of confidence and optimism in each sector of the economy.
KBC Bank Not Exiting Hungary
- 13 Jan 2014 8:01 AM
- business
Belgian financial group KBC will not exit Hungary despite a tough outlook for profitability and pressure from the authorities for consolidation, the head of KBC’s local business told Reuters. Central bank governor György Matolcsy, a former economy minister who launched Europe’s highest bank levy to stabilise the state budget, said last month four foreign banks could leave Hungary in the next 6-18 ...
Price Cut In Budapest Public Transport – BKK Passes Cost 10% Less
- 9 Jan 2014 10:45 AM
- getting around
The General Assembly of Budapest approved the motion for BKK’s public transport pass prices to be decreased by 10% from 1 January 2014. Costs of the most frequently purchased pass types required for daily commutes to work and school will be reduced.
Governor Of National Bank Of Hungary At AmCham Event
- 30 Jan 2014 8:00 AM
- business
The structural reforms introduced by the government have brought about a break in financial and economic trends in Hungary, proving the success of its unorthodox crisis management, György Matolcsy, governor of the National Bank of Hungary, told a conference.
Fidesz MP Proposes More Cuts To Banking Charges In Hungary
- 28 Jan 2014 8:00 AM
- current affairs
Fidesz lawmaker Szilárd Németh has proposed further cuts to household banking fees. Németh told public radio that he had proposed to Fidesz MPs raising the monthly limit on the free withdrawals and increasing their number from two to four.
Complex Cycling Programme In Preparation In Hungary
- 27 Jan 2014 8:00 AM
- getting around
The year 2014 is all about laying a basis for large-scale cycling developments to be implemented in the years to come, Minister of State for Infrastructure Pál Völner said at a professional event presenting the Cycling Development Programme entitled ‘Cycling is an Experience!’ (Bringázni Élmény!) held in Budapest on 23 January, 2014. Under the guidance of the Transport Development Coordination ...
Paks Nuclear Power Plant: German Industrialist Mediates Between Putin And Hungary’s PM Orbán
- 22 Jan 2014 8:00 AM
- current affairs
Staffers of Rosatom visited Budapest day by day; Orbán and Lázár held talks with the EU Energy Commissioner Günther Oettinger, Orbán had consultations with Barroso, the Rothschild Group and Hengeler Mueller German law firm intervened to have Brussels’ fiat for an arrangement in which competitive bids were not invited. Lázár headed a governmental task force to pull off this hush-hush project – ...
Xpat Opinion: Russia To Build Nuclear Power Plant Blocks In Hungary
- 16 Jan 2014 8:00 AM
- current affairs
Pro-government commentators welcome the nuclear deal between Hungary and Russia, and argue that it will serve the Hungarian national interest. Left-wing columnists, on the other hand, criticize the lack of transparency and the increased dependence on the Russian energy infrastructure which the agreement will cause.
Xpat Opinion: Banking Services In Hungary: Not A Bad Business Afterall?
- 16 Jan 2014 8:00 AM
- business
In 2010, when the Government introduced crisis taxes on banks, the measures met with surprise and shock. Some predicted that the taxes would provoke banks to completely deleverage and leave Hungary. The reaction did not surprise Government officials, however, who responded that if the financial crisis were to deepen in Hungary it would not be due to banks leaving Hungary but because of the high ...
Xpat Opinion: Hungary’s Economic Sentiment Indicator: Highest In Europe
- 16 Jan 2014 8:00 AM
- business
Last Thursday, the European Commission’s Economic and Financial Affairs Directorate General released the December 2013 data for the EU’s Economic Sentiment Indicator. The Economic Sentiment Indicator, or ESI, is “a composite indicator made up of five sectoral confidence indicators” reflecting the level of confidence and optimism in each sector of the economy.
KBC Bank Not Exiting Hungary
- 13 Jan 2014 8:01 AM
- business
Belgian financial group KBC will not exit Hungary despite a tough outlook for profitability and pressure from the authorities for consolidation, the head of KBC’s local business told Reuters. Central bank governor György Matolcsy, a former economy minister who launched Europe’s highest bank levy to stabilise the state budget, said last month four foreign banks could leave Hungary in the next 6-18 ...
Price Cut In Budapest Public Transport – BKK Passes Cost 10% Less
- 9 Jan 2014 10:45 AM
- getting around
The General Assembly of Budapest approved the motion for BKK’s public transport pass prices to be decreased by 10% from 1 January 2014. Costs of the most frequently purchased pass types required for daily commutes to work and school will be reduced.