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14 result(s) for fine in Finance

EU to Deduct Euro 200 Million Fine from Hungary's Funding

EU to Deduct Euro 200 Million Fine from Hungary's Funding

  • 19 Sep 2024 6:50 AM
  • finance
The European Commission will start deducting the 200 million euro fine from the funding payable to Hungary as the country has failed to pay by the deadline, the EC's spokesperson said.
Official: Economy in Hungary Expected to Grow by Only 2-3% This Year - Strategy Revealed

Official: Economy in Hungary Expected to Grow by Only 2-3% This Year - Strategy Revealed

Márton Nagy, the national economy minister, has said the government expects the economy to grow by2-3% this year.
Watchdog Shuts Down Falcon Pyramid Scheme in Hungary

Watchdog Shuts Down Falcon Pyramid Scheme in Hungary

The National Bank of Hungary has blocked the websites of Falcon Kereskedőház and Falcon Benefit and frozen accounts used in a suspected pyramid scheme, the central bank and financial market regulator said.
K&H Bank Fined for Shortcomings on Money Laundering & Terrorism Financing

K&H Bank Fined for Shortcomings on Money Laundering & Terrorism Financing

The MNB has fined K&H bank Ft 20 million for failing to fully comply with rules on the prevention of money laundering and the financing of terrorism, the central bank and financial market watchdog said.
Jolly Joker: Currency Trader Fined Millions of Forints by Hungarian National Bank

Jolly Joker: Currency Trader Fined Millions of Forints by Hungarian National Bank

The MNB has fined Jolly Joker Ft 12.5 million because the currency exchange network operator continued its activity after its licence expired as it lost its agency contract with a bank, the financial supervisory announced.
Watchdog Puts Bank Fees Under Heightened Scrutiny in Hungary

Watchdog Puts Bank Fees Under Heightened Scrutiny in Hungary

The National Bank of Hungary (NBH) said it will make scrutinising changes to lenders’ fees a “priority” as banks pay a windfall tax and the transactions duty is extended.
Hungarian Competition Watchdog Recaps 30 Years

Hungarian Competition Watchdog Recaps 30 Years

The Competition Authority (GVH) has initiated 5,054 proceedings and levied Ft 100 billion in fines in 1,298 cases since its formation 30 years ago, the competition watchdog announced in a statement.
Hungarian National Bank Suddenly Cuts Base Rate After Four Years

Hungarian National Bank Suddenly Cuts Base Rate After Four Years

Contrary to all forecasts, the MNB’s monetary council cut the base rate for the first time in four years yesterday, from 0.9% to 0.75%.
Facebook & Booking.com Pay Big Fines Issued By Hungary

Facebook & Booking.com Pay Big Fines Issued By Hungary

Facebook and Booking.com have voluntarily paid respective fines of Ft 1.2 billion and Ft 2.5 billion issued by the Competition Authority (GVH) but both companies have challenged the penalties in court, head of the authority Csaba Rigó said on Wednesday.
EU to Deduct Euro 200 Million Fine from Hungary's Funding

EU to Deduct Euro 200 Million Fine from Hungary's Funding

  • 19 Sep 2024 6:50 AM
  • finance
The European Commission will start deducting the 200 million euro fine from the funding payable to Hungary as the country has failed to pay by the deadline, the EC's spokesperson said.
Official: Economy in Hungary Expected to Grow by Only 2-3% This Year - Strategy Revealed

Official: Economy in Hungary Expected to Grow by Only 2-3% This Year - Strategy Revealed

Márton Nagy, the national economy minister, has said the government expects the economy to grow by2-3% this year.
Watchdog Shuts Down Falcon Pyramid Scheme in Hungary

Watchdog Shuts Down Falcon Pyramid Scheme in Hungary

The National Bank of Hungary has blocked the websites of Falcon Kereskedőház and Falcon Benefit and frozen accounts used in a suspected pyramid scheme, the central bank and financial market regulator said.
K&H Bank Fined for Shortcomings on Money Laundering & Terrorism Financing

K&H Bank Fined for Shortcomings on Money Laundering & Terrorism Financing

The MNB has fined K&H bank Ft 20 million for failing to fully comply with rules on the prevention of money laundering and the financing of terrorism, the central bank and financial market watchdog said.
Jolly Joker: Currency Trader Fined Millions of Forints by Hungarian National Bank

Jolly Joker: Currency Trader Fined Millions of Forints by Hungarian National Bank

The MNB has fined Jolly Joker Ft 12.5 million because the currency exchange network operator continued its activity after its licence expired as it lost its agency contract with a bank, the financial supervisory announced.
Watchdog Puts Bank Fees Under Heightened Scrutiny in Hungary

Watchdog Puts Bank Fees Under Heightened Scrutiny in Hungary

The National Bank of Hungary (NBH) said it will make scrutinising changes to lenders’ fees a “priority” as banks pay a windfall tax and the transactions duty is extended.
Hungarian Competition Watchdog Recaps 30 Years

Hungarian Competition Watchdog Recaps 30 Years

The Competition Authority (GVH) has initiated 5,054 proceedings and levied Ft 100 billion in fines in 1,298 cases since its formation 30 years ago, the competition watchdog announced in a statement.
Hungarian National Bank Suddenly Cuts Base Rate After Four Years

Hungarian National Bank Suddenly Cuts Base Rate After Four Years

Contrary to all forecasts, the MNB’s monetary council cut the base rate for the first time in four years yesterday, from 0.9% to 0.75%.
Facebook & Booking.com Pay Big Fines Issued By Hungary

Facebook & Booking.com Pay Big Fines Issued By Hungary

Facebook and Booking.com have voluntarily paid respective fines of Ft 1.2 billion and Ft 2.5 billion issued by the Competition Authority (GVH) but both companies have challenged the penalties in court, head of the authority Csaba Rigó said on Wednesday.