202 result(s) for financial impact
10.000 Steps A Day For A More Competitive Hungary
- 12 Oct 2015 1:00 AM
- health & wellness
700 employees from 30 international and Hungarian companies joined the 10.000 steps initiative, launched by the American Chamber of Commerce (AmCham) in September 2015. The first milestone of the 100-day program is a half-day walk organized on October 8, where close to a hundred participants walked from the St Stephen’s Basilica to the Margaret Island.
Hungary’s Central Bank Keeps Base Rate On Hold At 1.35%, As Expected
- 26 Aug 2015 9:00 AM
- business
Hungarian rate-setters on Tuesday kept the central bank’s key rate on hold at 1.35%, as expected. The decision was widely expected, after the rate-setters clearly signalled an end to an easing cycle at the previous monthly policy meeting. Central bank governor György Matolcsy said at the time that the earlier series of 15 basis point cuts carried out for five consecutive months would soon come to ...
Hungarian Forint Steady Despite Greek Turbulence
- 7 Jul 2015 5:01 AM
- business
Greek woes may mean some temporary weakness for the Hungarian currency but it is set to firm in the medium term, analysts say after a brief wobble. The forint showed resilience on Monday, trading at 316.06 to the euro late in the day, down from 314.68 on Friday but up from 316.44 late Sunday. It hit an intraday low of 317.12 on Monday.
Brain Bar Budapest Back Next Year
- 22 Jun 2015 9:00 AM
- community & culture
Press Release: Some 3000 visitors attended the very first Brain Bar Budapest festival last weekend to hear the world’s biggest stars debate the interrelations between technology and humanity. In Summer 2015, Design Terminal, We Love Budapest, Akvárium Klub and HG Media brought the Brain Bar Budapest festival to life for the very first time, with support from main sponsor Magyar Telekom.
Hungary’s Economy Minister Conveys Govt Comments On EC Report
- 15 Apr 2015 3:00 AM
- current affairs
Economy Minister Mihály Varga at talks in Brussels with Jonathan Hill, EU commissioner for financial stability, financial services and capital markets union, addressed the European Commission’s country specific recommendations as well as a proposal for a union of capital markets.
Hungary’s PM Budget Draft To Go Before Next Govt Session
- 10 Apr 2015 11:00 AM
- business
The economy ministry’s draft for next year’s state budget will be submitted to the government at its next session, Prime Minister Viktor Orbán told public radio. Orbán said that he expected the budget to be passed by parliament before the end of the spring session, adding that an early budget would increase predictability.
Govt Promises Free Meals For Poorer Kids In Hungary
- 10 Apr 2015 9:00 AM
- current affairs
Hungary’s crèches and kindergartens will offer poorer children three meals a day free of charge from September on, János Lázár, the cabinet chief, said. Some 320,000 children will be eligible for the free meals while welloff parents will still be charged for their children’s meals. On another subject, Lázár said that the government’s job protection scheme will be extended to farm workers in the ...
Lazar Names Govt Agencies Impacted By Brokerage Scandals
- 2 Apr 2015 5:00 AM
- business
Cabinet chief János Lázár has mentioned the Prime Minister’s Office, the foreign ministry, the agricultural ministry, as well as a number of local governments as agencies that had financial dealings with brokerage companies. Lazar referred to a 17 billion forint (EUR 56m) loan granted by the Hungarian Development Bank under a previous, Socialist, government to now bankrupted Quaestor, as the ...
Meet Lajos Simicska: Fidesz’s Enigmatic Oligarch
- 12 Feb 2015 8:00 AM
- current affairs
“From the time of its founding Fidesz did not have outside supporters. We wanted to avoid being beholden to domestic and foreign groups, and for this reason had to develop our own sources of income.” – Lajos Simicska, Fidesz economic director, October 1994 “Hungary needs large Hungarian companies in the financial sector, the insurance […]
10.000 Steps A Day For A More Competitive Hungary
- 12 Oct 2015 1:00 AM
- health & wellness
700 employees from 30 international and Hungarian companies joined the 10.000 steps initiative, launched by the American Chamber of Commerce (AmCham) in September 2015. The first milestone of the 100-day program is a half-day walk organized on October 8, where close to a hundred participants walked from the St Stephen’s Basilica to the Margaret Island.
Hungary’s Central Bank Keeps Base Rate On Hold At 1.35%, As Expected
- 26 Aug 2015 9:00 AM
- business
Hungarian rate-setters on Tuesday kept the central bank’s key rate on hold at 1.35%, as expected. The decision was widely expected, after the rate-setters clearly signalled an end to an easing cycle at the previous monthly policy meeting. Central bank governor György Matolcsy said at the time that the earlier series of 15 basis point cuts carried out for five consecutive months would soon come to ...
Hungarian Forint Steady Despite Greek Turbulence
- 7 Jul 2015 5:01 AM
- business
Greek woes may mean some temporary weakness for the Hungarian currency but it is set to firm in the medium term, analysts say after a brief wobble. The forint showed resilience on Monday, trading at 316.06 to the euro late in the day, down from 314.68 on Friday but up from 316.44 late Sunday. It hit an intraday low of 317.12 on Monday.
Brain Bar Budapest Back Next Year
- 22 Jun 2015 9:00 AM
- community & culture
Press Release: Some 3000 visitors attended the very first Brain Bar Budapest festival last weekend to hear the world’s biggest stars debate the interrelations between technology and humanity. In Summer 2015, Design Terminal, We Love Budapest, Akvárium Klub and HG Media brought the Brain Bar Budapest festival to life for the very first time, with support from main sponsor Magyar Telekom.
Hungary’s Economy Minister Conveys Govt Comments On EC Report
- 15 Apr 2015 3:00 AM
- current affairs
Economy Minister Mihály Varga at talks in Brussels with Jonathan Hill, EU commissioner for financial stability, financial services and capital markets union, addressed the European Commission’s country specific recommendations as well as a proposal for a union of capital markets.
Hungary’s PM Budget Draft To Go Before Next Govt Session
- 10 Apr 2015 11:00 AM
- business
The economy ministry’s draft for next year’s state budget will be submitted to the government at its next session, Prime Minister Viktor Orbán told public radio. Orbán said that he expected the budget to be passed by parliament before the end of the spring session, adding that an early budget would increase predictability.
Govt Promises Free Meals For Poorer Kids In Hungary
- 10 Apr 2015 9:00 AM
- current affairs
Hungary’s crèches and kindergartens will offer poorer children three meals a day free of charge from September on, János Lázár, the cabinet chief, said. Some 320,000 children will be eligible for the free meals while welloff parents will still be charged for their children’s meals. On another subject, Lázár said that the government’s job protection scheme will be extended to farm workers in the ...
Lazar Names Govt Agencies Impacted By Brokerage Scandals
- 2 Apr 2015 5:00 AM
- business
Cabinet chief János Lázár has mentioned the Prime Minister’s Office, the foreign ministry, the agricultural ministry, as well as a number of local governments as agencies that had financial dealings with brokerage companies. Lazar referred to a 17 billion forint (EUR 56m) loan granted by the Hungarian Development Bank under a previous, Socialist, government to now bankrupted Quaestor, as the ...
Meet Lajos Simicska: Fidesz’s Enigmatic Oligarch
- 12 Feb 2015 8:00 AM
- current affairs
“From the time of its founding Fidesz did not have outside supporters. We wanted to avoid being beholden to domestic and foreign groups, and for this reason had to develop our own sources of income.” – Lajos Simicska, Fidesz economic director, October 1994 “Hungary needs large Hungarian companies in the financial sector, the insurance […]