4,108 result(s) for forint
Foreign Parents To Be Hit By FX Bailout Costs In Hungary, Says Fitch
- 9 Jul 2014 9:00 AM
- business
Foreign owners will need to inject capital into their Hungarian units because of compensation lenders are asked to pay as part of a new law on relief for borrowers, Fitch Ratings said on Tuesday.
Foreign Currency Loans To Be Eliminated From The Hungarian Market By End Of 2014
- 8 Jul 2014 10:00 AM
- business
Foreign-currency denominated loans will be eliminated from Hungary's lending market by way of converting them to forint loans before the end of this year, Minister of National Economy Mihály Varga told public media on Monday. Based on a Supreme Court ruling, deeming the rate spread applied to foreign currency loan constructions unfair, Parliament adopted on Friday a bailout package. According to ...
Hungary’s Finance Minister Varga: Bank Tax May Be Redesigned
- 8 Jul 2014 9:00 AM
- business
The government is mulling a rethink of Hungary’s sectoral tax on banks, Mihály Varga, the economy minister, told public broadcaster Kossuth Rádió. “I don’t exclude the possibility of revising or rethinking the banking tax, since banks are going to be assuming a heavy burden to compensate clients, but now is not the time for this.”
Government To Invest 300 Billion Forints Into Hungary's Food Industry
- 7 Jul 2014 9:00 AM
- food & drink
The Government is planning to spend a total 300 billion forints (EUR 1bn) on developing Hungary's food industry in the next few years, Prime Minister Viktor Orbán announced on Wednesday, speaking at the opening ceremony of a plant for Stühmer. He stated that government support would help create new jobs outside Budapest.
No Need For New Special Taxes Due To FX Conversion In Hungary
- 4 Jul 2014 9:00 AM
- business
Despite the views of some analysts, the possible conversion of forex loans into forint denominated ones will not generate the need to introduce any new special taxes, Economy Minister Mihály Varga said in connection with a critical report published by the European Commission.
Pros And Cons Of Hungary's Nuclear Agreement With Russia
- 4 Jul 2014 1:00 AM
- business
Parliament is soon to adopt a law approving the Hungarian-Russian credit agreement on which the expansion of the Paks nuclear power plant is based. At present prices the tab runs to 10 percent of the Hungarian GDP.
Hungary’s Fidesz Seeks To Close Ad Tax Loopholes
- 1 Jul 2014 9:00 AM
- current affairs
The law on the ad tax must be amended in order to close any loopholes and ensure nobody avoids paying the tax, according to ruling Fidesz party lawmaker László L Simon’s proposed law amendment, which will “prevent profit-making multinational media companies from avoiding tax by using their losses as excuse.”
New Puskás Stadium In Budapest To Be Built From HUF 90-100bn
- 30 Jun 2014 9:00 AM
- sport
The new Puskás Ferenc Stadium in Budapest is expected to be built from 90-100 billion forints in three years starting in 2015, government commissioner László Vígh said on Thursday.
Budapest General Assembly Approves Metro 3 Revamp
- 30 Jun 2014 6:00 AM
- getting around
An agreement on the preparation of preliminary plans for revamping Budapest’s metro line 3 was approved by the Budapest City Council general assembly today. The agreement earmarks 1.2 billion forints (EUR 3.9m) from the local council budget for the revamp and the northern extension of the line. The total costs of the construction this year are projected at 361 million forints.
Foreign Parents To Be Hit By FX Bailout Costs In Hungary, Says Fitch
- 9 Jul 2014 9:00 AM
- business
Foreign owners will need to inject capital into their Hungarian units because of compensation lenders are asked to pay as part of a new law on relief for borrowers, Fitch Ratings said on Tuesday.
Foreign Currency Loans To Be Eliminated From The Hungarian Market By End Of 2014
- 8 Jul 2014 10:00 AM
- business
Foreign-currency denominated loans will be eliminated from Hungary's lending market by way of converting them to forint loans before the end of this year, Minister of National Economy Mihály Varga told public media on Monday. Based on a Supreme Court ruling, deeming the rate spread applied to foreign currency loan constructions unfair, Parliament adopted on Friday a bailout package. According to ...
Hungary’s Finance Minister Varga: Bank Tax May Be Redesigned
- 8 Jul 2014 9:00 AM
- business
The government is mulling a rethink of Hungary’s sectoral tax on banks, Mihály Varga, the economy minister, told public broadcaster Kossuth Rádió. “I don’t exclude the possibility of revising or rethinking the banking tax, since banks are going to be assuming a heavy burden to compensate clients, but now is not the time for this.”
Government To Invest 300 Billion Forints Into Hungary's Food Industry
- 7 Jul 2014 9:00 AM
- food & drink
The Government is planning to spend a total 300 billion forints (EUR 1bn) on developing Hungary's food industry in the next few years, Prime Minister Viktor Orbán announced on Wednesday, speaking at the opening ceremony of a plant for Stühmer. He stated that government support would help create new jobs outside Budapest.
No Need For New Special Taxes Due To FX Conversion In Hungary
- 4 Jul 2014 9:00 AM
- business
Despite the views of some analysts, the possible conversion of forex loans into forint denominated ones will not generate the need to introduce any new special taxes, Economy Minister Mihály Varga said in connection with a critical report published by the European Commission.
Pros And Cons Of Hungary's Nuclear Agreement With Russia
- 4 Jul 2014 1:00 AM
- business
Parliament is soon to adopt a law approving the Hungarian-Russian credit agreement on which the expansion of the Paks nuclear power plant is based. At present prices the tab runs to 10 percent of the Hungarian GDP.
Hungary’s Fidesz Seeks To Close Ad Tax Loopholes
- 1 Jul 2014 9:00 AM
- current affairs
The law on the ad tax must be amended in order to close any loopholes and ensure nobody avoids paying the tax, according to ruling Fidesz party lawmaker László L Simon’s proposed law amendment, which will “prevent profit-making multinational media companies from avoiding tax by using their losses as excuse.”
New Puskás Stadium In Budapest To Be Built From HUF 90-100bn
- 30 Jun 2014 9:00 AM
- sport
The new Puskás Ferenc Stadium in Budapest is expected to be built from 90-100 billion forints in three years starting in 2015, government commissioner László Vígh said on Thursday.
Budapest General Assembly Approves Metro 3 Revamp
- 30 Jun 2014 6:00 AM
- getting around
An agreement on the preparation of preliminary plans for revamping Budapest’s metro line 3 was approved by the Budapest City Council general assembly today. The agreement earmarks 1.2 billion forints (EUR 3.9m) from the local council budget for the revamp and the northern extension of the line. The total costs of the construction this year are projected at 361 million forints.