94 result(s) for increase reserves
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.
Hungary May Become Central-Europe’s Growth Hub
- 5 Oct 2015 11:00 AM
- business
Hungary has the capacity to become Central-Europe’s growth hub, Prime Minister Viktor Orbán said at the opening ceremony of the Bank of China’s RMB clearing centre in Hungary. Let us believe the Chinese (...), if they chose Budapest as their regional centre, there must plenty of steam, potential and future in this country (...). We are able to increase even our current economic performance, with ...
Budget May Be Amended To Reflect Hungary’s Cost Of Migration Measures
- 15 Sep 2015 9:00 AM
- business
If the migration crisis is sustained it may be necessary to amend the budget, though for the time being measures can be paid for by making internal budget transfers, the economy minister said. Mihály Varga told public service news website hirado. hu that the government had spent almost 30 billion forints (EUR 96m) on fortifying the Serbian-Hungarian border. In addition are extra costs related to ...
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.
Hungary May Become Central-Europe’s Growth Hub
- 5 Oct 2015 11:00 AM
- business
Hungary has the capacity to become Central-Europe’s growth hub, Prime Minister Viktor Orbán said at the opening ceremony of the Bank of China’s RMB clearing centre in Hungary. Let us believe the Chinese (...), if they chose Budapest as their regional centre, there must plenty of steam, potential and future in this country (...). We are able to increase even our current economic performance, with ...
Budget May Be Amended To Reflect Hungary’s Cost Of Migration Measures
- 15 Sep 2015 9:00 AM
- business
If the migration crisis is sustained it may be necessary to amend the budget, though for the time being measures can be paid for by making internal budget transfers, the economy minister said. Mihály Varga told public service news website hirado. hu that the government had spent almost 30 billion forints (EUR 96m) on fortifying the Serbian-Hungarian border. In addition are extra costs related to ...