104 result(s) for interests rate
Lawmakers Can Modify Forex Loan Contracts, Hungary’s Constitutional Court Rules
- 18 Mar 2014 8:00 AM
- property
Existing contracts for foreign-currency mortgages may be modified by legislation, Hungary’s Constitutional Court ruled. Its decision came after the government asked the court to weigh the constitutionality of several conditions in the forex loan contracts. Among the government’s concerns was that borrowers had not been warned of the risks that a falling exchange rate would have on their monthly ...
Hungary’s Tax Package For 2014 Includes New Tax On Banks And Sugary Drinks
- 24 Oct 2013 9:00 AM
- business
While 250 000 new families are happy with the extended family tax credits and small businesses are satisfied with the support they will receive, banks are not dancing with joy at the introduction of new tax laws for 2014. The Hungarian government submitted next year’s tax package to the Parliament last week, which includes just a few drastic, but several minor changes.
Xpat Opinion: The Failure Of Széll Kálmán Square Budapest Plan Reflected In The Budget 2014
- 18 Oct 2013 9:00 AM
- getting around
In spring, 2011, to demonstrate to the European Union that the country is capable of obviating the excessive deficit procedure, the Hungarian Government announced the Széll Kálmán-Plan, then a year after the Széll Kálmán-Plan 2.0. By scale these represented restrictions amounting to HUF 1,500 billion. In its analysis, the Policy Agenda checked, to what extent the Budget 2014 reflects the ...
Xpat Opinion: Hungary's PM Orbán’s Message To Europe: 'The Crisis Is Not A Problem But A Possibility'
- 10 Oct 2013 9:00 AM
- current affairs
The prime minister was in London yesterday meeting with Prime Minister David Cameron and speaking at Chatham House. It was quite a day. The bi-lateral meeting was exciting, but I won’t dwell on that here. Instead, I’d like to call the reader’s attention to the speech.
Xpat Opinion: Hungary's PM Viktor Orbán On Football
- 4 Aug 2013 1:00 AM
- sport
This morning I read a lengthy interview with Viktor Orbán on the Ferenc Puskás Academy’s website. Several newspapers summarized the prime minister’s thoughts on the state of Hungarian football. The historian Gábor Egry, whom readers of Hungarian Spectrum know from his occasional comments, wrote on Facebook about this interview: “Compulsory reading. Really. Everything one ought to and must know ...
Xpat Opinion: Hungary's OTP Chief Sándor Csányi’s Press Conference
- 26 Jul 2013 1:00 AM
- business
As Portfolio, the bilingual financial site, said today, “everybody was sitting on pins and needles” waiting for the cabinet decision on the fate of the loans issued in foreign currencies. However, it seems that the government wisely postponed the decision. So, for a while we will not know what kind of a solution the government will come up with.
Hungary's PM: European Left Is Behind Approval Of Tavares Report
- 8 Jul 2013 11:00 AM
- current affairs
Prime Minister Viktor Orbán regards the approval of the report about the state of fundamental rights in Hungary submitted by rapporteur Rui Tavares as an operation of the European left, based partly on the idea that the Hungarian Fundamental Law is not a liberal constitution. He also noted on public Kossuth radio’s 180 minutes that the wage increase for teachers is a certainty.
Hungary’s Economic Performance Is Acknowledged: Excessive Deficit Procedure Lifted
- 29 May 2013 2:00 AM
- business
The European Commission has announced its proposal to abrogate the excessive deficit procedure against Hungary. On 30 May 2012, based on the 2012 convergence programme and further specification of savings measures, the Commission concluded that Hungary has taken effective action regarding the correction of the excessive deficit. Despite Commission forecasts well in excess of 3%, the actual ...
Xpat Event Report: Hungary Welcomes Foreign Investors & Producers
- 2 Apr 2013 9:02 AM
- business
The Hungarian banking sector is safe, Foreign Minister János Martonyi said in connection with the Cyprus crisis, speaking at a business forum of the American Chamber of Commerce on Thursday.
Lawmakers Can Modify Forex Loan Contracts, Hungary’s Constitutional Court Rules
- 18 Mar 2014 8:00 AM
- property
Existing contracts for foreign-currency mortgages may be modified by legislation, Hungary’s Constitutional Court ruled. Its decision came after the government asked the court to weigh the constitutionality of several conditions in the forex loan contracts. Among the government’s concerns was that borrowers had not been warned of the risks that a falling exchange rate would have on their monthly ...
Hungary’s Tax Package For 2014 Includes New Tax On Banks And Sugary Drinks
- 24 Oct 2013 9:00 AM
- business
While 250 000 new families are happy with the extended family tax credits and small businesses are satisfied with the support they will receive, banks are not dancing with joy at the introduction of new tax laws for 2014. The Hungarian government submitted next year’s tax package to the Parliament last week, which includes just a few drastic, but several minor changes.
Xpat Opinion: The Failure Of Széll Kálmán Square Budapest Plan Reflected In The Budget 2014
- 18 Oct 2013 9:00 AM
- getting around
In spring, 2011, to demonstrate to the European Union that the country is capable of obviating the excessive deficit procedure, the Hungarian Government announced the Széll Kálmán-Plan, then a year after the Széll Kálmán-Plan 2.0. By scale these represented restrictions amounting to HUF 1,500 billion. In its analysis, the Policy Agenda checked, to what extent the Budget 2014 reflects the ...
Xpat Opinion: Hungary's PM Orbán’s Message To Europe: 'The Crisis Is Not A Problem But A Possibility'
- 10 Oct 2013 9:00 AM
- current affairs
The prime minister was in London yesterday meeting with Prime Minister David Cameron and speaking at Chatham House. It was quite a day. The bi-lateral meeting was exciting, but I won’t dwell on that here. Instead, I’d like to call the reader’s attention to the speech.
Xpat Opinion: Hungary's PM Viktor Orbán On Football
- 4 Aug 2013 1:00 AM
- sport
This morning I read a lengthy interview with Viktor Orbán on the Ferenc Puskás Academy’s website. Several newspapers summarized the prime minister’s thoughts on the state of Hungarian football. The historian Gábor Egry, whom readers of Hungarian Spectrum know from his occasional comments, wrote on Facebook about this interview: “Compulsory reading. Really. Everything one ought to and must know ...
Xpat Opinion: Hungary's OTP Chief Sándor Csányi’s Press Conference
- 26 Jul 2013 1:00 AM
- business
As Portfolio, the bilingual financial site, said today, “everybody was sitting on pins and needles” waiting for the cabinet decision on the fate of the loans issued in foreign currencies. However, it seems that the government wisely postponed the decision. So, for a while we will not know what kind of a solution the government will come up with.
Hungary's PM: European Left Is Behind Approval Of Tavares Report
- 8 Jul 2013 11:00 AM
- current affairs
Prime Minister Viktor Orbán regards the approval of the report about the state of fundamental rights in Hungary submitted by rapporteur Rui Tavares as an operation of the European left, based partly on the idea that the Hungarian Fundamental Law is not a liberal constitution. He also noted on public Kossuth radio’s 180 minutes that the wage increase for teachers is a certainty.
Hungary’s Economic Performance Is Acknowledged: Excessive Deficit Procedure Lifted
- 29 May 2013 2:00 AM
- business
The European Commission has announced its proposal to abrogate the excessive deficit procedure against Hungary. On 30 May 2012, based on the 2012 convergence programme and further specification of savings measures, the Commission concluded that Hungary has taken effective action regarding the correction of the excessive deficit. Despite Commission forecasts well in excess of 3%, the actual ...
Xpat Event Report: Hungary Welcomes Foreign Investors & Producers
- 2 Apr 2013 9:02 AM
- business
The Hungarian banking sector is safe, Foreign Minister János Martonyi said in connection with the Cyprus crisis, speaking at a business forum of the American Chamber of Commerce on Thursday.