87 result(s) for increase reserves
LMP Blames Government For ‘Opening Gap’ With Region
- 22 Jun 2017 8:00 AM
- business
The opposition LMP party has blamed the government for Hungarian living standards falling behind other countries in the region. Erzsébet Schmuck, LMP’s deputy group leader, cited Eurostat figures at a press conference held on Tuesday, saying that Hungary’s consumption stood at 63 percent of the European Union average.
Hungary To Increase Military Spending In 2018
- 18 May 2017 9:52 AM
- finance
Pro-government print daily Magyar Idők (Hungarian Times) reports that military-related spending is to increase HUF 73.6 billion in 2018 to HUF 428 billion, or 1.05 percent of GDP. This is an increase of 21 percent.
Upgrade Of Voluntary Reserves System Under Way In Hungary
- 18 May 2017 9:00 AM
- current affairs
The upgrade of the Hungarian army’s volunteer reserves system is under way to meet the goal of tripling the number of such troops over the next nine years, a senior army official said on Thursday.
Legal Changes Taking Effect On 1 January In Hungary
- 2 Jan 2017 8:00 AM
- business
Hungary faces several legal changes as of Jan. 1, 2017, including a drop in the bank levy, whose upper bracket will be reduced by 3 basis points to 0.21 percent. The reduction in the tax comes as part of an agreement with the European Bank for Reconstruction and Development (EBRD).
Moody’s Upgrades Hungary’s Banking System Outlook To Positive
- 30 Jun 2016 9:00 AM
- business
Ratings agency Moody’s Investors Service upgraded the outlook of Hungary’s banking system to positive, the rating agency said today in a report entitled “Banking System Outlook - Hungary”. Moodyʼs noted, however, that government support for banks in the EU, including Hungary, is less certain under the provisions of the EUʼs Bank Recovery and Resolution Directive.
Lázár: Govt Sets Up Working Group On Migration Issues
- 17 Jun 2016 9:00 AM
- current affairs
The government is setting up a working group under the leadership of the justice minister to consider issues connected with migration, János Lázár, the government office chief, told a regular government news briefing. The working group will comprise the heads of the justice ministry, the interior ministry and the prime minister’s office. Their job will be to prepare a report on legal regulations ...
Szijjártó: Hungary To Focus On Cybersecurity
- 4 Apr 2016 9:00 AM
- tech
Hungary has pledged to focus on cybersecurity developments in a document that contains commitments made by participants in the Nuclear Security Summit in Washington, DC, Foreign Minister Péter Szijjártó said. The heads of state and government discussed security issues, primarily the fight against terrorism and ways to prevent terrorists from acquiring nuclear weapons or fissile material to make ...
National Bank Of Hungary Announces HUF 95 Billion Profit For 2015
- 23 Feb 2016 8:00 AM
- business
The National Bank of Hungary (MNB) today said it had posted a record HUF 95 billion in profit last year, Hungarian news agency MTI reported.
Jobbik To File Complaint Over Hungarian Border Fence Costs
- 5 Nov 2015 8:00 AM
- current affairs
Materials and equipment used in the recent construction of the border fence between Hungary and Serbia were purchased at 5-8 times the market price, the radical nationalist Jobbik party said. Deputy leader István Apáti said that the government had provided “confusing” answers to relevant questions and added that his party would file a criminal complaint under suspicion of abuse of public funds.
LMP Blames Government For ‘Opening Gap’ With Region
- 22 Jun 2017 8:00 AM
- business
The opposition LMP party has blamed the government for Hungarian living standards falling behind other countries in the region. Erzsébet Schmuck, LMP’s deputy group leader, cited Eurostat figures at a press conference held on Tuesday, saying that Hungary’s consumption stood at 63 percent of the European Union average.
Hungary To Increase Military Spending In 2018
- 18 May 2017 9:52 AM
- finance
Pro-government print daily Magyar Idők (Hungarian Times) reports that military-related spending is to increase HUF 73.6 billion in 2018 to HUF 428 billion, or 1.05 percent of GDP. This is an increase of 21 percent.
Upgrade Of Voluntary Reserves System Under Way In Hungary
- 18 May 2017 9:00 AM
- current affairs
The upgrade of the Hungarian army’s volunteer reserves system is under way to meet the goal of tripling the number of such troops over the next nine years, a senior army official said on Thursday.
Legal Changes Taking Effect On 1 January In Hungary
- 2 Jan 2017 8:00 AM
- business
Hungary faces several legal changes as of Jan. 1, 2017, including a drop in the bank levy, whose upper bracket will be reduced by 3 basis points to 0.21 percent. The reduction in the tax comes as part of an agreement with the European Bank for Reconstruction and Development (EBRD).
Moody’s Upgrades Hungary’s Banking System Outlook To Positive
- 30 Jun 2016 9:00 AM
- business
Ratings agency Moody’s Investors Service upgraded the outlook of Hungary’s banking system to positive, the rating agency said today in a report entitled “Banking System Outlook - Hungary”. Moodyʼs noted, however, that government support for banks in the EU, including Hungary, is less certain under the provisions of the EUʼs Bank Recovery and Resolution Directive.
Lázár: Govt Sets Up Working Group On Migration Issues
- 17 Jun 2016 9:00 AM
- current affairs
The government is setting up a working group under the leadership of the justice minister to consider issues connected with migration, János Lázár, the government office chief, told a regular government news briefing. The working group will comprise the heads of the justice ministry, the interior ministry and the prime minister’s office. Their job will be to prepare a report on legal regulations ...
Szijjártó: Hungary To Focus On Cybersecurity
- 4 Apr 2016 9:00 AM
- tech
Hungary has pledged to focus on cybersecurity developments in a document that contains commitments made by participants in the Nuclear Security Summit in Washington, DC, Foreign Minister Péter Szijjártó said. The heads of state and government discussed security issues, primarily the fight against terrorism and ways to prevent terrorists from acquiring nuclear weapons or fissile material to make ...
National Bank Of Hungary Announces HUF 95 Billion Profit For 2015
- 23 Feb 2016 8:00 AM
- business
The National Bank of Hungary (MNB) today said it had posted a record HUF 95 billion in profit last year, Hungarian news agency MTI reported.
Jobbik To File Complaint Over Hungarian Border Fence Costs
- 5 Nov 2015 8:00 AM
- current affairs
Materials and equipment used in the recent construction of the border fence between Hungary and Serbia were purchased at 5-8 times the market price, the radical nationalist Jobbik party said. Deputy leader István Apáti said that the government had provided “confusing” answers to relevant questions and added that his party would file a criminal complaint under suspicion of abuse of public funds.