202 result(s) for financial impact
Freedom Of The Press Declines Slightly In Hungary
- 30 Apr 2010 6:00 AM
- current affairs
"Global press freedom declined in 2009, with setbacks registered in almost every region of the world, according to a study released by Freedom House, an independent watchdog organization, monitoring the status of freedom around the world, and advocating for democracy and human rights.
EU May Ease State Aid Rules To Offset Airline Losses
- 20 Apr 2010 5:00 AM
- business
"light bans triggered by a volcanic eruption in Iceland are being lifted all over Europe. Hungary has first called off overflight restrictions above 7,500 metres (24,000 feet) and then suspended general no-fly regulations at noon today. In the meantime, economists have warned that air travel disruption depends entirely on how long the eruption of the Eyjafjallajökull Volcano and the dispersion of ...
Airline Predicaments Offer Selected Buying Opportunities
- 20 Apr 2010 3:00 AM
- business
"Since the closure of European air space airline losses from the volcanic ash cloud spiralled over USD 1 billion on Monday and the European airline sector has lost 7% of value. While the closure is unprecedented, Nomura believes the current situation is not comparable with previous exogenous events such as 9/11 and Sars. Nomura’s research analysts also think that there are selected buying ...
European Recovery May Choke On Volcanic Ash
- 19 Apr 2010 5:00 AM
- business
"Hungarian airspace remains closed from all traffic until Monday noon local time, the National Transport Authority’s Civil Aviation Directorate announced. This means that all flights are cancelled in Hungary and Budapest Airport has no incoming our outbound flights at all. The airspace closure, implemented all over Europe due to a volcanic eruption in Iceland sending dangerous ash clouds into the ...
Bad For The Airlines, Good For The Air - Volcanic Chart Of The Day
- 19 Apr 2010 4:00 AM
- travel
"The eruption of Iceland’s Eyjafjallajökull Volcano has wreaked havoc in Europe’s air traffic, but its environmental impacts are positive. As a result of the mass cancellation of flights a lot less carbon-dioxide is being let into the air than on a normal day.
Credigen Bank Withdraws From Hungary
- 12 Apr 2010 3:00 AM
- business
"Credigen Bank, the Hungarian consumer finance unit of French Sofinco, has terminated its activities in Hungary. A major player on the local consumer loan market, it will complete collecting its outstanding debt and then withdraw from Hungary altogether, the bank confirmed to local news portal index.hu. It has contracts with such large retail chains as Tesco, Media Markt, Saturn and Extreme ...
Hungary Retail Sales Up 0.6% m/m vs. Drop In Dec
- 24 Mar 2010 2:00 AM
- shopping
"The volume of retail sales in Hungary rose by 0.6% month on month in January, following an 0.6% drop in December 2009, the Central Statistics Office (KSH) has reported on Tuesday.
Hungarian PM Bajnai On Greece: “We Come From Where You Are Going"
- 17 Mar 2010 3:00 AM
- current affairs
"Greece needs solidarity that takes the form of financial assistance, and it should be given a helping hand, Hungary’s Prime Minister Gordon Bajnai said in a meeting with Yorgos Papandreou where the premiers shared the experiences and challenges of crisis management on Tuesday.
Hungary To Overshoot C.Bank Inflation Goal In 2010
- 10 Mar 2010 2:00 AM
- business
"The surprise jump in Hungary’s inflation to 6.4% in January has made a deep impression on analysts and, as a consequence, they now project the country’s inflation path to be considerably higher in 2010 than before. The market presently sees it unlikely that the headline CPI figure will drop to below the central bank’s medium-term goal (3.0% +/- 1ppt) this year.
Freedom Of The Press Declines Slightly In Hungary
- 30 Apr 2010 6:00 AM
- current affairs
"Global press freedom declined in 2009, with setbacks registered in almost every region of the world, according to a study released by Freedom House, an independent watchdog organization, monitoring the status of freedom around the world, and advocating for democracy and human rights.
EU May Ease State Aid Rules To Offset Airline Losses
- 20 Apr 2010 5:00 AM
- business
"light bans triggered by a volcanic eruption in Iceland are being lifted all over Europe. Hungary has first called off overflight restrictions above 7,500 metres (24,000 feet) and then suspended general no-fly regulations at noon today. In the meantime, economists have warned that air travel disruption depends entirely on how long the eruption of the Eyjafjallajökull Volcano and the dispersion of ...
Airline Predicaments Offer Selected Buying Opportunities
- 20 Apr 2010 3:00 AM
- business
"Since the closure of European air space airline losses from the volcanic ash cloud spiralled over USD 1 billion on Monday and the European airline sector has lost 7% of value. While the closure is unprecedented, Nomura believes the current situation is not comparable with previous exogenous events such as 9/11 and Sars. Nomura’s research analysts also think that there are selected buying ...
European Recovery May Choke On Volcanic Ash
- 19 Apr 2010 5:00 AM
- business
"Hungarian airspace remains closed from all traffic until Monday noon local time, the National Transport Authority’s Civil Aviation Directorate announced. This means that all flights are cancelled in Hungary and Budapest Airport has no incoming our outbound flights at all. The airspace closure, implemented all over Europe due to a volcanic eruption in Iceland sending dangerous ash clouds into the ...
Bad For The Airlines, Good For The Air - Volcanic Chart Of The Day
- 19 Apr 2010 4:00 AM
- travel
"The eruption of Iceland’s Eyjafjallajökull Volcano has wreaked havoc in Europe’s air traffic, but its environmental impacts are positive. As a result of the mass cancellation of flights a lot less carbon-dioxide is being let into the air than on a normal day.
Credigen Bank Withdraws From Hungary
- 12 Apr 2010 3:00 AM
- business
"Credigen Bank, the Hungarian consumer finance unit of French Sofinco, has terminated its activities in Hungary. A major player on the local consumer loan market, it will complete collecting its outstanding debt and then withdraw from Hungary altogether, the bank confirmed to local news portal index.hu. It has contracts with such large retail chains as Tesco, Media Markt, Saturn and Extreme ...
Hungary Retail Sales Up 0.6% m/m vs. Drop In Dec
- 24 Mar 2010 2:00 AM
- shopping
"The volume of retail sales in Hungary rose by 0.6% month on month in January, following an 0.6% drop in December 2009, the Central Statistics Office (KSH) has reported on Tuesday.
Hungarian PM Bajnai On Greece: “We Come From Where You Are Going"
- 17 Mar 2010 3:00 AM
- current affairs
"Greece needs solidarity that takes the form of financial assistance, and it should be given a helping hand, Hungary’s Prime Minister Gordon Bajnai said in a meeting with Yorgos Papandreou where the premiers shared the experiences and challenges of crisis management on Tuesday.
Hungary To Overshoot C.Bank Inflation Goal In 2010
- 10 Mar 2010 2:00 AM
- business
"The surprise jump in Hungary’s inflation to 6.4% in January has made a deep impression on analysts and, as a consequence, they now project the country’s inflation path to be considerably higher in 2010 than before. The market presently sees it unlikely that the headline CPI figure will drop to below the central bank’s medium-term goal (3.0% +/- 1ppt) this year.