482 result(s) for financial system
Xpat Opinion: Hungary Merges Central Bank & Financial Supervisory Authority
- 24 Sep 2013 9:00 AM
- current affairs
By Ference Kumin: A few days ago, the Parliament passed a law on the merger of the Central Bank and the agency with oversight authority for the financial services sector, the Hungarian Financial Supervisory Authority. In order to be able to do that, the Parliament modified the country’s Fundamental Law.
Budget 2014: Inflation Projected At 2.4% And Budget Deficit At 2.9% In Hungary
- 23 Sep 2013 1:00 AM
- business
The Ministry for National Economy drafted next year’s budget with a deficit of 2.9 percent and an inflation rate of 2.4 percent, Minister Mihály Varga stated on Sunday. The Minister also disclosed that the Ministry calculated the 2014 Budget without revenues from the advertisement tax and the below 3 percent deficit target will be attainable even without that. “I anticipate only slight ...
2013 Deficit Target Will Be Met, States Hungarian Govt.
- 11 Sep 2013 9:00 AM
- business
The central sub-sector of the state budget posted a deficit of HUF 110.0bn for the month of August 2013. The financial transfer data of the central budget at the end of August is in line with the Government's prior expectations. Revenues and expenditures anticipated for the current and the following months - including an outstanding surplus prognosticated for the month of December - confirm the ...
Xpat Opinion: Hungary's PM Viktor Orbán On Football
- 4 Aug 2013 1:00 AM
- sport
This morning I read a lengthy interview with Viktor Orbán on the Ferenc Puskás Academy’s website. Several newspapers summarized the prime minister’s thoughts on the state of Hungarian football. The historian Gábor Egry, whom readers of Hungarian Spectrum know from his occasional comments, wrote on Facebook about this interview: “Compulsory reading. Really. Everything one ought to and must know ...
Hungary's Gov To Remove Foreign-Currency Denominated Mortgages From Market
- 29 Jul 2013 9:00 AM
- property
The Government has given the economy minister, Mihály Varga, a mandate to remove foreign-currency denominated mortgages from the Hungarian financial system, Prime Minister Viktor Orbán said in his regular morning interview on Kossuth public radio, adding that a solution is required, which does not endanger the financial system.
Welcome Aboard The New Hungarian Airline: Sólyom
- 25 Jul 2013 12:00 PM
- travel
Here's an overview of how Sólyom Hungarian Airways came into existence, its current situation as well as future plans. Also included below is info about its owners, strategic investors, and a few interesting stats such as, "Route network: 31 destinations in 2013, 51 destinations in 2014, and 96 destinations in 55 countries around the world by 2017". Oh and as you probably know, Sólyom is best ...
Xpat Opinion: How Much Is How Much When It Comes To Teachers’ Salaries In Hungary
- 24 Jul 2013 8:00 AM
- current affairs
As we know only too well, teachers’ salaries are extremely low in Hungary and teachers haven’t had a raise since the 2008 financial crisis. Given the fairly high inflation rate, at least until recently, the already very low living standards of teachers have further deteriorated in the last five years.
Accounting Services From Colling Accounting In Budapest
- 10 Jul 2013 6:00 AM
- specials
Colling Ltd has been providing full service of accounting, payroll, tax advisory and cafeteria services since 1992 to Hungarian and international partners as well. Within the framework of our accounting services, Colling can perform the followings:
Enikő Győri: Hungary Eill Not Be Forced To Exercise Its Veto
- 4 Jul 2013 9:00 AM
- current affairs
The negative reference to the judiciary’s independence was removed from the country-specific recommendations of the European Union for Hungary and was replaced by a more general statement on strengthening the judiciary, therefore Hungary will not be forced to exercise its right of veto – said MFA Minister of State Enikő Győri at a press meeting in Budapest on 26 June.
Xpat Opinion: Hungary Merges Central Bank & Financial Supervisory Authority
- 24 Sep 2013 9:00 AM
- current affairs
By Ference Kumin: A few days ago, the Parliament passed a law on the merger of the Central Bank and the agency with oversight authority for the financial services sector, the Hungarian Financial Supervisory Authority. In order to be able to do that, the Parliament modified the country’s Fundamental Law.
Budget 2014: Inflation Projected At 2.4% And Budget Deficit At 2.9% In Hungary
- 23 Sep 2013 1:00 AM
- business
The Ministry for National Economy drafted next year’s budget with a deficit of 2.9 percent and an inflation rate of 2.4 percent, Minister Mihály Varga stated on Sunday. The Minister also disclosed that the Ministry calculated the 2014 Budget without revenues from the advertisement tax and the below 3 percent deficit target will be attainable even without that. “I anticipate only slight ...
2013 Deficit Target Will Be Met, States Hungarian Govt.
- 11 Sep 2013 9:00 AM
- business
The central sub-sector of the state budget posted a deficit of HUF 110.0bn for the month of August 2013. The financial transfer data of the central budget at the end of August is in line with the Government's prior expectations. Revenues and expenditures anticipated for the current and the following months - including an outstanding surplus prognosticated for the month of December - confirm the ...
Xpat Opinion: Hungary's PM Viktor Orbán On Football
- 4 Aug 2013 1:00 AM
- sport
This morning I read a lengthy interview with Viktor Orbán on the Ferenc Puskás Academy’s website. Several newspapers summarized the prime minister’s thoughts on the state of Hungarian football. The historian Gábor Egry, whom readers of Hungarian Spectrum know from his occasional comments, wrote on Facebook about this interview: “Compulsory reading. Really. Everything one ought to and must know ...
Hungary's Gov To Remove Foreign-Currency Denominated Mortgages From Market
- 29 Jul 2013 9:00 AM
- property
The Government has given the economy minister, Mihály Varga, a mandate to remove foreign-currency denominated mortgages from the Hungarian financial system, Prime Minister Viktor Orbán said in his regular morning interview on Kossuth public radio, adding that a solution is required, which does not endanger the financial system.
Welcome Aboard The New Hungarian Airline: Sólyom
- 25 Jul 2013 12:00 PM
- travel
Here's an overview of how Sólyom Hungarian Airways came into existence, its current situation as well as future plans. Also included below is info about its owners, strategic investors, and a few interesting stats such as, "Route network: 31 destinations in 2013, 51 destinations in 2014, and 96 destinations in 55 countries around the world by 2017". Oh and as you probably know, Sólyom is best ...
Xpat Opinion: How Much Is How Much When It Comes To Teachers’ Salaries In Hungary
- 24 Jul 2013 8:00 AM
- current affairs
As we know only too well, teachers’ salaries are extremely low in Hungary and teachers haven’t had a raise since the 2008 financial crisis. Given the fairly high inflation rate, at least until recently, the already very low living standards of teachers have further deteriorated in the last five years.
Accounting Services From Colling Accounting In Budapest
- 10 Jul 2013 6:00 AM
- specials
Colling Ltd has been providing full service of accounting, payroll, tax advisory and cafeteria services since 1992 to Hungarian and international partners as well. Within the framework of our accounting services, Colling can perform the followings:
Enikő Győri: Hungary Eill Not Be Forced To Exercise Its Veto
- 4 Jul 2013 9:00 AM
- current affairs
The negative reference to the judiciary’s independence was removed from the country-specific recommendations of the European Union for Hungary and was replaced by a more general statement on strengthening the judiciary, therefore Hungary will not be forced to exercise its right of veto – said MFA Minister of State Enikő Győri at a press meeting in Budapest on 26 June.


















