48 result(s) for go active in Business
NBH Deputy Governor: Bank To Continue Easing Cycle
- 24 Mar 2016 8:00 AM
- business
Hungary’s central bank (NBH) will cut the base rate until it reaches a rate that is consistent with its inflation target, NBH deputy governor Márton Nagy told journalists. The bank wants to keep rate the key rate low for a sustained period, he said. The NBH’s inflation target is 3% in a +/-1 percentage-point tolerance band.
Hungarian Forint Joins CLS Multi-Currency Cash Settlement System
- 17 Nov 2015 8:00 AM
- business
Hungary’s forint has become part of the CLS (Continuous Linked Settlement) system that settles payment instructions relating to underlying FX transactions, the company (CLS Group - CLS) said. The Hungarian unit is the first central and eastern European currency to be added to the CLS settlement system, and the 18th overall, they said. “CLS ... has started settling payment instructions in the ...
National Bank of Hungary To Launch Growth Supporting Programme
- 4 Nov 2015 8:00 AM
- business
The National Bank of Hungary will launch a Growth Supporting Programme (GSP) in January with the aim of increasing the banking sector’s lending to small and medium-sized firms by 250-400 billion forints, or 5-10% of total corporate lending stock, in 2016. The GSP comprises the final phase of the NBH’s Funding for Growth Scheme (FGS) as well as a package of incentives for active lenders dubbed the ...
Hungary, China Sign Silk Road Economic Belt MOU
- 8 Jun 2015 9:00 AM
- business
Hungarian Foreign Minister Péter Szijjártó and his Chinese counterpart Wang Yi signed a memorandum of understanding in Budapest on the governments’ active support for the establishment of the Silk Road Economic Belt and the 21st Maritime Silk Road. The projects are being financed by the Silk Road Fund, which has already been capitalised with some 40 billion dollars from Beijing.
Hungary Buys Stake In ERSTE, Pledges Bank Tax Cut
- 13 Feb 2015 8:00 AM
- business
Conservative pundits welcome the government’s decision to temporarily invest in ERSTE Bank Hungary and pledge to take out the surplus bank tax. This, they believe, will help consolidate the banking sector and boost lending. A left-wing commentator doubts that the government will fulfil its promises.
Tax On Advertising In Hungary: Party-Group Governance Versus Fidesz Economic Satellite?
- 11 Jun 2014 9:00 AM
- business
The parliament representative of Fidesz presented a non-government bill on levying a tax on media enterprises. The bill echoed with high sounds and apparently, a fault-line was generated within the governing party as well in connection with the bill. Policy Agenda has examined what the leadership of the governing party may want to achieve by this and what alternative solutions may exist.
Hungarian Job Seekers Finding Work Through Social Networks
- 29 May 2014 9:00 AM
- business
If you are an expat living in Hungary, searching for employment can seem like a difficult prospect. However, with the advent of the Internet and the growth of social networking sites, there are a wealth of new possibilities wherein you can obtain employment.
Hungarian Banks Face High Costs If Government Expands Rate-Cap Scheme, Says Bank Chief
- 20 May 2014 9:00 AM
- business
Expanding the government scheme to cap the exchange rate for forex mortgage repayments may well be a good solution for troubled debtors but would cost the banking sector dearly, Mihály Patai told the press. Patai, recently re-elected as chairman of Hungary’s Banking Association, said a decision by the Kúria, Hungary’s supreme court, on forex loans expected in the autumn would raise banks’ costs, ...
Douwe Egberts’ Budapest Factory To Close Down
- 14 Apr 2014 9:00 AM
- business
By the end of the year Douwe Egberts Zrt Hungary will cease production in Budapest and will let go 184 employees due to the parent company – DE Master Blenders 1753 – realignment.
NBH Deputy Governor: Bank To Continue Easing Cycle
- 24 Mar 2016 8:00 AM
- business
Hungary’s central bank (NBH) will cut the base rate until it reaches a rate that is consistent with its inflation target, NBH deputy governor Márton Nagy told journalists. The bank wants to keep rate the key rate low for a sustained period, he said. The NBH’s inflation target is 3% in a +/-1 percentage-point tolerance band.
Hungarian Forint Joins CLS Multi-Currency Cash Settlement System
- 17 Nov 2015 8:00 AM
- business
Hungary’s forint has become part of the CLS (Continuous Linked Settlement) system that settles payment instructions relating to underlying FX transactions, the company (CLS Group - CLS) said. The Hungarian unit is the first central and eastern European currency to be added to the CLS settlement system, and the 18th overall, they said. “CLS ... has started settling payment instructions in the ...
National Bank of Hungary To Launch Growth Supporting Programme
- 4 Nov 2015 8:00 AM
- business
The National Bank of Hungary will launch a Growth Supporting Programme (GSP) in January with the aim of increasing the banking sector’s lending to small and medium-sized firms by 250-400 billion forints, or 5-10% of total corporate lending stock, in 2016. The GSP comprises the final phase of the NBH’s Funding for Growth Scheme (FGS) as well as a package of incentives for active lenders dubbed the ...
Hungary, China Sign Silk Road Economic Belt MOU
- 8 Jun 2015 9:00 AM
- business
Hungarian Foreign Minister Péter Szijjártó and his Chinese counterpart Wang Yi signed a memorandum of understanding in Budapest on the governments’ active support for the establishment of the Silk Road Economic Belt and the 21st Maritime Silk Road. The projects are being financed by the Silk Road Fund, which has already been capitalised with some 40 billion dollars from Beijing.
Hungary Buys Stake In ERSTE, Pledges Bank Tax Cut
- 13 Feb 2015 8:00 AM
- business
Conservative pundits welcome the government’s decision to temporarily invest in ERSTE Bank Hungary and pledge to take out the surplus bank tax. This, they believe, will help consolidate the banking sector and boost lending. A left-wing commentator doubts that the government will fulfil its promises.
Tax On Advertising In Hungary: Party-Group Governance Versus Fidesz Economic Satellite?
- 11 Jun 2014 9:00 AM
- business
The parliament representative of Fidesz presented a non-government bill on levying a tax on media enterprises. The bill echoed with high sounds and apparently, a fault-line was generated within the governing party as well in connection with the bill. Policy Agenda has examined what the leadership of the governing party may want to achieve by this and what alternative solutions may exist.
Hungarian Job Seekers Finding Work Through Social Networks
- 29 May 2014 9:00 AM
- business
If you are an expat living in Hungary, searching for employment can seem like a difficult prospect. However, with the advent of the Internet and the growth of social networking sites, there are a wealth of new possibilities wherein you can obtain employment.
Hungarian Banks Face High Costs If Government Expands Rate-Cap Scheme, Says Bank Chief
- 20 May 2014 9:00 AM
- business
Expanding the government scheme to cap the exchange rate for forex mortgage repayments may well be a good solution for troubled debtors but would cost the banking sector dearly, Mihály Patai told the press. Patai, recently re-elected as chairman of Hungary’s Banking Association, said a decision by the Kúria, Hungary’s supreme court, on forex loans expected in the autumn would raise banks’ costs, ...
Douwe Egberts’ Budapest Factory To Close Down
- 14 Apr 2014 9:00 AM
- business
By the end of the year Douwe Egberts Zrt Hungary will cease production in Budapest and will let go 184 employees due to the parent company – DE Master Blenders 1753 – realignment.