28 result(s) for legal in Finance
Budapest Fights Back Against Gov't: Sues for Return of Billion-Forint Payment
- 7 Nov 2025 7:41 AM
- finance
The Budapest city government is filing a compensation lawsuit to recover 28 billion forints (EUR 70m) "collected unlawfully" as solidarity contribution, plus interest, after the Supreme Court ruled in favour of the capital on Thursday in the case concerning the year 2023, Gergely Karacsony, the mayor of Budapest, told a press conference.
First Banknote Signed by New Governor of Hungary’s National Bank
- 13 Mar 2025 7:11 AM
- finance
Mihaly Varga, the new governor of the National Bank of Hungary (NBH), put his signature on a banknote issued by the central bank for the first time.
Watchdogs Bite: MBH Bank Group Fined by National Bank of Hungary
- 8 Jan 2025 11:49 AM
- finance
The National Bank of Hungary (NBH) has fined MBH Bank and its unit MBH Investment Bank HUF 27.5m for failing to complete remedial measures, the central bank and financial market watchdog said on Monday.
Updated: New Capital Programme Supporting SME's in Hungary to Launch with HUF 100 Billion in February
- 11 Dec 2024 6:11 AM
- finance
The Demjan Sandor Capital Programme, an element of the Demjan Sandor Programme for scaling up local SMEs, will launch with an allocation of HUF 100bn in February, the state secretary for SMEs announced.
Budapest Is Bankrupt, Finance Minister Announces
- 19 Jun 2024 11:56 AM
- hungarymatters.hu
- finance
The municipal court of appeals of Budapest has ruled that the city of Budapest cannot be exempted from certain tax payments, the finance minister said on Facebook on Tuesday, adding that the treasury had already collected 2 billion forints (EUR 5m) in tax arrears from the city’s account.
Banking Group Slams Extension of Lending Rate Freeze in Hungary
- 30 Oct 2022 5:36 AM
- hungarymatters.hu
- finance
Hungarian banks have warned of a fall-off in retail and corporate lending owing to extra burdens imposed on them by the government.
EC Proposes Suspending 65% of Cohesion Funds To Hungary
- 19 Sep 2022 6:29 AM
- hungarymatters.hu
- finance
The European Commission has proposed suspending a part of the EU funds allocated to Hungary over concerns about their mismanagement. Johannes Hahn, the Commissioner for Budget and Administration, told a press conference on Sunday that the EC was proposing to the European Council a suspension of 65% of cohesion funds due to Hungary, amounting to an estimated 7.5 billion euros.
Flat Tax Alternative After KATA Changes in Hungary
- 18 Jul 2022 11:32 AM
- https://bbj.hu/
- finance
The most popular form of taxation for small entrepreneurs and businesses will fundamentally change from September 1, after the government voted on the so-called “KATA law” on July 12. Niveus Consulting Group has examined what types of taxation solutions could be available.
National Bank Caps Client Withdrawals at Russian Sberbank in Hungary
- 2 Mar 2022 10:15 AM
- hungarymatters.hu
- finance
The National Bank of Hungary (NBH) on Tuesday said it is limiting the amount of repayable funds by Sberbank Magyarország to 7 million forints (EUR 18,900) per customer from March 2 to thirty days onwards to maintain the safe operation of the credit institution.
Budapest Fights Back Against Gov't: Sues for Return of Billion-Forint Payment
- 7 Nov 2025 7:41 AM
- finance
The Budapest city government is filing a compensation lawsuit to recover 28 billion forints (EUR 70m) "collected unlawfully" as solidarity contribution, plus interest, after the Supreme Court ruled in favour of the capital on Thursday in the case concerning the year 2023, Gergely Karacsony, the mayor of Budapest, told a press conference.
First Banknote Signed by New Governor of Hungary’s National Bank
- 13 Mar 2025 7:11 AM
- finance
Mihaly Varga, the new governor of the National Bank of Hungary (NBH), put his signature on a banknote issued by the central bank for the first time.
Watchdogs Bite: MBH Bank Group Fined by National Bank of Hungary
- 8 Jan 2025 11:49 AM
- finance
The National Bank of Hungary (NBH) has fined MBH Bank and its unit MBH Investment Bank HUF 27.5m for failing to complete remedial measures, the central bank and financial market watchdog said on Monday.
Updated: New Capital Programme Supporting SME's in Hungary to Launch with HUF 100 Billion in February
- 11 Dec 2024 6:11 AM
- finance
The Demjan Sandor Capital Programme, an element of the Demjan Sandor Programme for scaling up local SMEs, will launch with an allocation of HUF 100bn in February, the state secretary for SMEs announced.
Budapest Is Bankrupt, Finance Minister Announces
- 19 Jun 2024 11:56 AM
- hungarymatters.hu
- finance
The municipal court of appeals of Budapest has ruled that the city of Budapest cannot be exempted from certain tax payments, the finance minister said on Facebook on Tuesday, adding that the treasury had already collected 2 billion forints (EUR 5m) in tax arrears from the city’s account.
Banking Group Slams Extension of Lending Rate Freeze in Hungary
- 30 Oct 2022 5:36 AM
- hungarymatters.hu
- finance
Hungarian banks have warned of a fall-off in retail and corporate lending owing to extra burdens imposed on them by the government.
EC Proposes Suspending 65% of Cohesion Funds To Hungary
- 19 Sep 2022 6:29 AM
- hungarymatters.hu
- finance
The European Commission has proposed suspending a part of the EU funds allocated to Hungary over concerns about their mismanagement. Johannes Hahn, the Commissioner for Budget and Administration, told a press conference on Sunday that the EC was proposing to the European Council a suspension of 65% of cohesion funds due to Hungary, amounting to an estimated 7.5 billion euros.
Flat Tax Alternative After KATA Changes in Hungary
- 18 Jul 2022 11:32 AM
- https://bbj.hu/
- finance
The most popular form of taxation for small entrepreneurs and businesses will fundamentally change from September 1, after the government voted on the so-called “KATA law” on July 12. Niveus Consulting Group has examined what types of taxation solutions could be available.
National Bank Caps Client Withdrawals at Russian Sberbank in Hungary
- 2 Mar 2022 10:15 AM
- hungarymatters.hu
- finance
The National Bank of Hungary (NBH) on Tuesday said it is limiting the amount of repayable funds by Sberbank Magyarország to 7 million forints (EUR 18,900) per customer from March 2 to thirty days onwards to maintain the safe operation of the credit institution.