4,671 result(s) for fund
RTL Group Files Complaint With EC Over Hungary Ad Tax
- 17 Dec 2014 8:00 AM
- current affairs
Luxembourg-based RTL Group filed an official complaint with the European Commission on Thursday over Hungary’s new tax on the advertising revenues of media outlets. RTL argues that the tax is “confiscatory” in that it aims to collect 80% of the tax (HUF 4,5 billion or USD 18,7 million) from an independent media group possessing just 13.5% market share.
EU Funds Directed Against Poverty In Hungary
- 16 Dec 2014 8:00 AM
- current affairs
Food packages and staple items will be provided to those most in need from Ft 29-30 billion of EU funds and Ft 4 billion from the government, Human Resources Minister Zoltán Balog announced on Monday.
Hungary’s Opposition Parties Slam Govt Plans
- 16 Dec 2014 8:00 AM
- current affairs
Opposition politicians savaged the government’s economic policies ahead of the budget vote. Socialist lawmaker Sándor Burány said that the budget was based on tax rises which had a common theme: the government was taxing everything it possibly could. The Socialist head of parliament’s budget committee said the government’s goal was to safeguard the deficit target while paying for “prestige ...
US Entry Ban Against Hungarian Officials
- 15 Dec 2014 8:00 AM
- current affairs
The US chargé d’affaires responded to a request for information made by the public prosecutor on Oct. 27 and “no substantive information was forthcoming”, the prosecutor’s office said. It was confirmed, however, that the case concerned visas in connection with the US entry ban of several Hungarian officials, the details of which remain confidential, it added.
Anti-Corruption Tasks Of Hungary’s Ministry Of Justice
- 13 Dec 2014 8:00 AM
- current affairs
The main task of the Ministry of Justice, which has recently been separated to work individually again, is to legislate and prepare legislation.
Hungarian Govt: No Risks In 2015 Budget
- 12 Dec 2014 8:00 AM
- business
Government officials have said there were no risks in the 2015 budget, noting that the budget had not taken into account the some 300 billion forints (EUR 980m) in profit the National Bank of Hungary is expected to generate and saying there was fiscal room for a number of big investments.
Hungarian National Bank Buys Buda Castle Villa For Ft3bn
- 10 Dec 2014 8:00 AM
- property
The MNB has bought the Hatvany villa in the Buda Castle district for Ft 3.4 billion, and spent an additional Ft 1.9 billion on purchasing an adjacent building from the Academy of Sciences. These buildings will host an event and training centre and the MNB’s Ph.D. program will be located there, the central bank said.
Festive Ball And Gala Night In The 120-Year-Old New York Palace
- 10 Dec 2014 8:00 AM
- specials
"We celebrated the 120th anniversary of the opening of the New York Palace with a grandiose gala evening. The management of the New York Café and Boscolo Hotel paid their tribute to the historical building with the gala event on 21th November.
Hungary’s Competition Office Fines K&H Bank For Misleading Advertising
- 8 Dec 2014 8:00 AM
- business
Hungary’s Competition Office (GVH) said it had fined K&H Bank 80 million forints for misleading advertising. GVH levied the fine for a month-long ad campaign of KSH’s “MIX” product early in 2014. KSH advertised a 7.80% annual return on the product – well over the market rate – but failed to make clear that the rate was paid only on the one-third of savings that were placed in a deposit.
RTL Group Files Complaint With EC Over Hungary Ad Tax
- 17 Dec 2014 8:00 AM
- current affairs
Luxembourg-based RTL Group filed an official complaint with the European Commission on Thursday over Hungary’s new tax on the advertising revenues of media outlets. RTL argues that the tax is “confiscatory” in that it aims to collect 80% of the tax (HUF 4,5 billion or USD 18,7 million) from an independent media group possessing just 13.5% market share.
EU Funds Directed Against Poverty In Hungary
- 16 Dec 2014 8:00 AM
- current affairs
Food packages and staple items will be provided to those most in need from Ft 29-30 billion of EU funds and Ft 4 billion from the government, Human Resources Minister Zoltán Balog announced on Monday.
Hungary’s Opposition Parties Slam Govt Plans
- 16 Dec 2014 8:00 AM
- current affairs
Opposition politicians savaged the government’s economic policies ahead of the budget vote. Socialist lawmaker Sándor Burány said that the budget was based on tax rises which had a common theme: the government was taxing everything it possibly could. The Socialist head of parliament’s budget committee said the government’s goal was to safeguard the deficit target while paying for “prestige ...
US Entry Ban Against Hungarian Officials
- 15 Dec 2014 8:00 AM
- current affairs
The US chargé d’affaires responded to a request for information made by the public prosecutor on Oct. 27 and “no substantive information was forthcoming”, the prosecutor’s office said. It was confirmed, however, that the case concerned visas in connection with the US entry ban of several Hungarian officials, the details of which remain confidential, it added.
Anti-Corruption Tasks Of Hungary’s Ministry Of Justice
- 13 Dec 2014 8:00 AM
- current affairs
The main task of the Ministry of Justice, which has recently been separated to work individually again, is to legislate and prepare legislation.
Hungarian Govt: No Risks In 2015 Budget
- 12 Dec 2014 8:00 AM
- business
Government officials have said there were no risks in the 2015 budget, noting that the budget had not taken into account the some 300 billion forints (EUR 980m) in profit the National Bank of Hungary is expected to generate and saying there was fiscal room for a number of big investments.
Hungarian National Bank Buys Buda Castle Villa For Ft3bn
- 10 Dec 2014 8:00 AM
- property
The MNB has bought the Hatvany villa in the Buda Castle district for Ft 3.4 billion, and spent an additional Ft 1.9 billion on purchasing an adjacent building from the Academy of Sciences. These buildings will host an event and training centre and the MNB’s Ph.D. program will be located there, the central bank said.
Festive Ball And Gala Night In The 120-Year-Old New York Palace
- 10 Dec 2014 8:00 AM
- specials
"We celebrated the 120th anniversary of the opening of the New York Palace with a grandiose gala evening. The management of the New York Café and Boscolo Hotel paid their tribute to the historical building with the gala event on 21th November.
Hungary’s Competition Office Fines K&H Bank For Misleading Advertising
- 8 Dec 2014 8:00 AM
- business
Hungary’s Competition Office (GVH) said it had fined K&H Bank 80 million forints for misleading advertising. GVH levied the fine for a month-long ad campaign of KSH’s “MIX” product early in 2014. KSH advertised a 7.80% annual return on the product – well over the market rate – but failed to make clear that the rate was paid only on the one-third of savings that were placed in a deposit.