182 result(s) for funds in Business
EC Revises 2016 Hungary GDP Growth Forecast Downwards To 2.1%
- 10 Nov 2016 8:00 AM
- business
Hungary’s economy, adjusted for inflation, is expected to grow by 2.1 % this year, the European Commission said in its autumn economic forecast released on Wednesday. The commission revised its estimate downwards from its spring forecast of 2.5%.
Court Orders NBH To Release Information On MKB Sale
- 21 Oct 2016 9:00 AM
- business
The Municipal Court of Budapest on Thursday ruled that the National Bank of Hungary (NBH) must release data of public interest regarding the sale of MKB Bank. The NBH sold MKB Bank to a consortium of two private equity funds, Blue Robin Investments and METIS Private Capital Fund, and Hungary’s Pannonia Pension Fund for HUF 37bn in the summer.
Lázár To Propose Tighter Rules On Spending Public Funds
- 19 Oct 2016 9:00 AM
- business
Government office chief János Lázár on Tuesday said he would propose tightening the rules on spending public funds. The stricter rules will aim to make the evaluation of public tenders more transparent, Lázár told a weekly government press briefing.
Quaestor “Insider” List Published
- 18 Oct 2016 9:00 AM
- business
Jobbik-linked television channel N1 has published a list of clients who withdrew their funds from suspicious brokerage Quaestor shortly before it collapsed on March 10, 2015. It shows that 333 clients and companies withdrew a total of Ft 6.5 billion on March 9.
Pénzügykutató Expects Growth To Slow Before Accelerating Next Year
- 11 Oct 2016 9:00 AM
- business
Pénzügykutató expects Hungary’s GDP growth rate to slow to 2.2% this year from 3.1% in 2015, due to dropping investments, before accelerating to 3% next year, the economic research company said in a forecast. Performance in the first half of this year has made it clear that growth will grind to a halt as soon as the inflow of EU funding stops, the researchers said.
Andy Vajna Hits The Jackpot With New Online Gambling Regulations In Hungary
- 30 Sep 2016 9:00 AM
- business
On Tuesday the Hungarian parliament passed a law regulating online gambling introduced only the previous day. The bill’s sponsors justified the extraordinary measure by claiming the measure was necessary to combat illegal online gambling. The government expects the modification to drive international on-line gambling operators out of the Hungarian market.
Hungary Among Largest Beneficiaries Of EU Funds
- 23 Sep 2016 9:00 AM
- business
Hungary was the third-highest recipient of European Union money in the 28-member bloc between 2008-2015, and receives far more money from the European Investment Bank than it pays in, reports left-wing daily Népszabadság.
Budget Deficit At 61% Of Full-Year Target In July
- 23 Aug 2016 9:00 AM
- business
Hungary’s cashflow-based budget deficit, excluding local councils, reached 464.8 billion forints (EUR 1.49bn) in the first seven months of the year, 61% of the full-year target, the economy ministry confirmed in a second reading of data released on Monday.
Hungary’s Economy Performed Well In H1
- 19 Aug 2016 9:00 AM
- business
In the first half of the year Hungary’s economy performed well, government office chief János Lázár told a regular government news conference, adding that growth had been accompanied by a continual reduction in the public debt. He said that growth in the second quarter could be attributed to government policymaking, since EU payments only kicked in after that.
EC Revises 2016 Hungary GDP Growth Forecast Downwards To 2.1%
- 10 Nov 2016 8:00 AM
- business
Hungary’s economy, adjusted for inflation, is expected to grow by 2.1 % this year, the European Commission said in its autumn economic forecast released on Wednesday. The commission revised its estimate downwards from its spring forecast of 2.5%.
Court Orders NBH To Release Information On MKB Sale
- 21 Oct 2016 9:00 AM
- business
The Municipal Court of Budapest on Thursday ruled that the National Bank of Hungary (NBH) must release data of public interest regarding the sale of MKB Bank. The NBH sold MKB Bank to a consortium of two private equity funds, Blue Robin Investments and METIS Private Capital Fund, and Hungary’s Pannonia Pension Fund for HUF 37bn in the summer.
Lázár To Propose Tighter Rules On Spending Public Funds
- 19 Oct 2016 9:00 AM
- business
Government office chief János Lázár on Tuesday said he would propose tightening the rules on spending public funds. The stricter rules will aim to make the evaluation of public tenders more transparent, Lázár told a weekly government press briefing.
Quaestor “Insider” List Published
- 18 Oct 2016 9:00 AM
- business
Jobbik-linked television channel N1 has published a list of clients who withdrew their funds from suspicious brokerage Quaestor shortly before it collapsed on March 10, 2015. It shows that 333 clients and companies withdrew a total of Ft 6.5 billion on March 9.
Pénzügykutató Expects Growth To Slow Before Accelerating Next Year
- 11 Oct 2016 9:00 AM
- business
Pénzügykutató expects Hungary’s GDP growth rate to slow to 2.2% this year from 3.1% in 2015, due to dropping investments, before accelerating to 3% next year, the economic research company said in a forecast. Performance in the first half of this year has made it clear that growth will grind to a halt as soon as the inflow of EU funding stops, the researchers said.
Andy Vajna Hits The Jackpot With New Online Gambling Regulations In Hungary
- 30 Sep 2016 9:00 AM
- business
On Tuesday the Hungarian parliament passed a law regulating online gambling introduced only the previous day. The bill’s sponsors justified the extraordinary measure by claiming the measure was necessary to combat illegal online gambling. The government expects the modification to drive international on-line gambling operators out of the Hungarian market.
Hungary Among Largest Beneficiaries Of EU Funds
- 23 Sep 2016 9:00 AM
- business
Hungary was the third-highest recipient of European Union money in the 28-member bloc between 2008-2015, and receives far more money from the European Investment Bank than it pays in, reports left-wing daily Népszabadság.
Budget Deficit At 61% Of Full-Year Target In July
- 23 Aug 2016 9:00 AM
- business
Hungary’s cashflow-based budget deficit, excluding local councils, reached 464.8 billion forints (EUR 1.49bn) in the first seven months of the year, 61% of the full-year target, the economy ministry confirmed in a second reading of data released on Monday.
Hungary’s Economy Performed Well In H1
- 19 Aug 2016 9:00 AM
- business
In the first half of the year Hungary’s economy performed well, government office chief János Lázár told a regular government news conference, adding that growth had been accompanied by a continual reduction in the public debt. He said that growth in the second quarter could be attributed to government policymaking, since EU payments only kicked in after that.