152 result(s) for financial loss
Xpat Opinion: Hungary's Forint Under Pressure
- 3 Feb 2014 8:00 AM
- current affairs
A business analyst says critics have been too hasty to condemn the National Bank for not resorting to swift “verbal intervention” in response to the heavy losses the Forint has suffered over the past week. A pro-government columnist urges decision makers to consider joining the Eurozone, in order to shield Hungary from currency fluctuations.
Xpat Opinion: The Risk Of Political Christianity: An Interview With Tamás Fabiny, Lutheran Bishop
- 21 Dec 2013 8:00 AM
- community & culture
Gábor Czene of Népszabadság conducted an interview with Tamás Fabiny, bishop of the northern district of the Hungarian Lutheran Church. Fabiny was ordained in Erlangen, Germany in 1982. He also studied in the United States. In addition to his church activities he worked for Duna TV. Since 2010 he has been the vice chairman of the Lutheran World Federation.
National Bank Of Hungary Fined Napi Gazdaság & Napi.hu For Illegal Market Manipulation
- 27 Nov 2013 8:00 AM
- business
The National Bank of Hungary (NBH) has fined the publisher Napi Gazdaság Kiadó and news portal Napi.hu 3 million forints each for illegal manipulation of the market. The NBH launched an investigation over an article published by the business daily as well as the news portal on October 16, which said Norway’s Oil Fund could consider selling its 1.6% stake in Hungarian oil and gas company MOL ...
Raiffeisen Bank Won’t Be Leaving Hungary
- 15 Oct 2013 9:00 AM
- business
The Austrian Raiffeisen Bank International (RBI) wants to stay in Hungary despite the government’s shocking rules against foreign banks in the country. According to the latest Emerging Markets interview with new RBI CEO Karl Sevelda, the bank has shrunk its Hungarian balance sheet by HUF300 million since June last year due to loss-making exchange rates and punishing new taxes, but has strong ...
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.
Controversy Between Croatia And Hungarian Oil Group MOL Drags On
- 3 Oct 2013 1:00 AM
- business
It has yet to be seen whether the Hungarian government is ready to drop MOL’s executive chairman in its ongoing standoff with Croatia. It is too early to say if we are witnessing Croatia's efforts to find its feet or is it hardcore payola.
Hungarian Thermal Springs – More Efforts Needed To Popularize Them Internationally
- 19 Sep 2013 1:00 AM
- health & wellness
I suppose all Hungarians have heard the fable that Hungary is really at the head of the line when it comes to thermal springs, that our medicinal springs are famed throughout Europe and that they attract foreign and domestic tourists like a magnet. Fact: there really are thermal springs beneath four-fifths of the country and we really are world leaders when it comes to the number and variety of ...
Discussions On The Suspension Of EU Funding For Hungary To Resume In September
- 28 Aug 2013 9:00 AM
- business
Minister of State in charge of the Prime Minister's Office, who also heads the National Development Agency as a Government Commissioner, will meet European Commissioner for Regional Policy Johannes Hahn again in September - Minister of State in charge of European Affairs Enikő Győri responded at a press conference held after a meeting of the State Secretaries for European Affairs of the Visegrád ...
Hungary's National Bank Losses Expanded In First Half
- 27 Aug 2013 9:00 AM
- business
MKB Bank lost €108 million before taxes in the first half of the year, up from a €66 million loss one year earlier, according to the interim report of its parent bank BayernLB. MKB paid €46 million of the bank tax and €26 million of the financial transaction tax in the first quarter.
Xpat Opinion: Hungary's Forint Under Pressure
- 3 Feb 2014 8:00 AM
- current affairs
A business analyst says critics have been too hasty to condemn the National Bank for not resorting to swift “verbal intervention” in response to the heavy losses the Forint has suffered over the past week. A pro-government columnist urges decision makers to consider joining the Eurozone, in order to shield Hungary from currency fluctuations.
Xpat Opinion: The Risk Of Political Christianity: An Interview With Tamás Fabiny, Lutheran Bishop
- 21 Dec 2013 8:00 AM
- community & culture
Gábor Czene of Népszabadság conducted an interview with Tamás Fabiny, bishop of the northern district of the Hungarian Lutheran Church. Fabiny was ordained in Erlangen, Germany in 1982. He also studied in the United States. In addition to his church activities he worked for Duna TV. Since 2010 he has been the vice chairman of the Lutheran World Federation.
National Bank Of Hungary Fined Napi Gazdaság & Napi.hu For Illegal Market Manipulation
- 27 Nov 2013 8:00 AM
- business
The National Bank of Hungary (NBH) has fined the publisher Napi Gazdaság Kiadó and news portal Napi.hu 3 million forints each for illegal manipulation of the market. The NBH launched an investigation over an article published by the business daily as well as the news portal on October 16, which said Norway’s Oil Fund could consider selling its 1.6% stake in Hungarian oil and gas company MOL ...
Raiffeisen Bank Won’t Be Leaving Hungary
- 15 Oct 2013 9:00 AM
- business
The Austrian Raiffeisen Bank International (RBI) wants to stay in Hungary despite the government’s shocking rules against foreign banks in the country. According to the latest Emerging Markets interview with new RBI CEO Karl Sevelda, the bank has shrunk its Hungarian balance sheet by HUF300 million since June last year due to loss-making exchange rates and punishing new taxes, but has strong ...
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.
Controversy Between Croatia And Hungarian Oil Group MOL Drags On
- 3 Oct 2013 1:00 AM
- business
It has yet to be seen whether the Hungarian government is ready to drop MOL’s executive chairman in its ongoing standoff with Croatia. It is too early to say if we are witnessing Croatia's efforts to find its feet or is it hardcore payola.
Hungarian Thermal Springs – More Efforts Needed To Popularize Them Internationally
- 19 Sep 2013 1:00 AM
- health & wellness
I suppose all Hungarians have heard the fable that Hungary is really at the head of the line when it comes to thermal springs, that our medicinal springs are famed throughout Europe and that they attract foreign and domestic tourists like a magnet. Fact: there really are thermal springs beneath four-fifths of the country and we really are world leaders when it comes to the number and variety of ...
Discussions On The Suspension Of EU Funding For Hungary To Resume In September
- 28 Aug 2013 9:00 AM
- business
Minister of State in charge of the Prime Minister's Office, who also heads the National Development Agency as a Government Commissioner, will meet European Commissioner for Regional Policy Johannes Hahn again in September - Minister of State in charge of European Affairs Enikő Győri responded at a press conference held after a meeting of the State Secretaries for European Affairs of the Visegrád ...
Hungary's National Bank Losses Expanded In First Half
- 27 Aug 2013 9:00 AM
- business
MKB Bank lost €108 million before taxes in the first half of the year, up from a €66 million loss one year earlier, according to the interim report of its parent bank BayernLB. MKB paid €46 million of the bank tax and €26 million of the financial transaction tax in the first quarter.