79 result(s) for financial crisis in Business
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 ...
Details Of Talks Between Hungary’s MOL’s CEO & Sanader
- 10 Oct 2013 9:00 AM
- business
Hernadi has revealed details of the contacts between MOL and INA. The publisher of Heti Valasz will publish a book-size interview with Hernadi and Hernadi made a testimony for Croatian prosecutors in Budapest in February 2011. The text of his testimony is in Zagreb but it has not been used. Below we carry excerpts from both documents.
Hungarian Gov’t Ready To Renationalise Dunaferr
- 21 Aug 2013 9:00 AM
- business
The government will offer to buy back the Dunaferr steelworks, Economy Minister Mihály Varga announced on Monday following a cabinet meeting. The government considers the privatisation of the steel works a mistake, Varga said, adding that the price will be very important.
IMF Loan To Hungary Fully Repaid
- 12 Aug 2013 3:00 AM
- business
The Government has redeemed the remainder of outstanding debt owed to the International Monetary Fund in three foreign currencies, US dollars, Euros and British pounds, as required by the institution. The Government Debt Management Agency transferred USD 1.1bn, EUR 500 million and GBP 260 million for the early repayment. The amount of unutilised loan and proceeds from the USD-denominated ...
Look At What’s Happening To Inflation In Hungary, By Ferenc Kumin
- 18 Mar 2013 8:00 AM
- business
Ferenc Kumin, Deputy State Secretary For International Communications In Hungary: You guessed it. Inflation in Hungary is dropping. Let’s take a quick look at what’s happening to the forint on the exchange market and on the inflation front.
Memorandum Of Understanding Concluded Between Hungary & World Bank
- 29 Nov 2012 8:00 AM
- business
On 27 November 2012 Minister of State at the Ministry for National Economy Gyula Pleschinger signed a Memorandum of Understanding with Peter Harrold, the World Bank’s Country Director for Central Europe and the Baltic Countries.
Hungary's Downgrade By Standard&Poor’s Rating Services Should Not Be Taken Seriously
- 27 Nov 2012 8:02 AM
- business
Rating agencies can no longer be taken seriously as they were the ones that suffered the largest loss of credibility during the years of crisis. Having failed to predict the financial crisis, they are a thing of the past now. The future will not depend on them or on speculators, but on countries and production. Instead of credit rating agencies, Hungary has been assessed by investors which have ...
European Banking Supervision – Enikő Győri Speaks About Hungary’s Doubts
- 14 Sep 2012 12:00 PM
- business
In an interview given to Dow Jones on 12 September 2012, Minister of State for EU Affairs Enikő Győri said that Hungary has doubts concerning the European Commission’s proposal to grant supervisory powers over banking in the eurozone to the European Central Bank (ECB).
Hungary In The Competitiveness Ranking Of The World Economic Forum (WEF)
- 6 Sep 2012 9:00 AM
- business
The change of Hungary’s place in the category evaluating macroeconomic environment, in the competitiveness ranking of the World Economic Forum aptly demonstrates that although the financial consolidation process of the past two years was painful but a success nonetheless.
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 ...
Details Of Talks Between Hungary’s MOL’s CEO & Sanader
- 10 Oct 2013 9:00 AM
- business
Hernadi has revealed details of the contacts between MOL and INA. The publisher of Heti Valasz will publish a book-size interview with Hernadi and Hernadi made a testimony for Croatian prosecutors in Budapest in February 2011. The text of his testimony is in Zagreb but it has not been used. Below we carry excerpts from both documents.
Hungarian Gov’t Ready To Renationalise Dunaferr
- 21 Aug 2013 9:00 AM
- business
The government will offer to buy back the Dunaferr steelworks, Economy Minister Mihály Varga announced on Monday following a cabinet meeting. The government considers the privatisation of the steel works a mistake, Varga said, adding that the price will be very important.
IMF Loan To Hungary Fully Repaid
- 12 Aug 2013 3:00 AM
- business
The Government has redeemed the remainder of outstanding debt owed to the International Monetary Fund in three foreign currencies, US dollars, Euros and British pounds, as required by the institution. The Government Debt Management Agency transferred USD 1.1bn, EUR 500 million and GBP 260 million for the early repayment. The amount of unutilised loan and proceeds from the USD-denominated ...
Look At What’s Happening To Inflation In Hungary, By Ferenc Kumin
- 18 Mar 2013 8:00 AM
- business
Ferenc Kumin, Deputy State Secretary For International Communications In Hungary: You guessed it. Inflation in Hungary is dropping. Let’s take a quick look at what’s happening to the forint on the exchange market and on the inflation front.
Memorandum Of Understanding Concluded Between Hungary & World Bank
- 29 Nov 2012 8:00 AM
- business
On 27 November 2012 Minister of State at the Ministry for National Economy Gyula Pleschinger signed a Memorandum of Understanding with Peter Harrold, the World Bank’s Country Director for Central Europe and the Baltic Countries.
Hungary's Downgrade By Standard&Poor’s Rating Services Should Not Be Taken Seriously
- 27 Nov 2012 8:02 AM
- business
Rating agencies can no longer be taken seriously as they were the ones that suffered the largest loss of credibility during the years of crisis. Having failed to predict the financial crisis, they are a thing of the past now. The future will not depend on them or on speculators, but on countries and production. Instead of credit rating agencies, Hungary has been assessed by investors which have ...
European Banking Supervision – Enikő Győri Speaks About Hungary’s Doubts
- 14 Sep 2012 12:00 PM
- business
In an interview given to Dow Jones on 12 September 2012, Minister of State for EU Affairs Enikő Győri said that Hungary has doubts concerning the European Commission’s proposal to grant supervisory powers over banking in the eurozone to the European Central Bank (ECB).
Hungary In The Competitiveness Ranking Of The World Economic Forum (WEF)
- 6 Sep 2012 9:00 AM
- business
The change of Hungary’s place in the category evaluating macroeconomic environment, in the competitiveness ranking of the World Economic Forum aptly demonstrates that although the financial consolidation process of the past two years was painful but a success nonetheless.