• 22 Nov 2024

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10 result(s) for loan moratorium in Business

Chamber Calls for Rate Freeze, Repayment Moratorium for Hungarian Firms

Chamber Calls for Rate Freeze, Repayment Moratorium for Hungarian Firms

The Hungarian Chamber of Commerce and Industry (MKIK) has requested that the government should consider freezing the rate on corporate loans between 5-10% and introducing a repayment moratorium for existing floating-rate loans “as long as the economic situation warrants”.
New 5 Billion Forint Cheese Plant Inaugurated in Szekszárd

New 5 Billion Forint Cheese Plant Inaugurated in Szekszárd

The war-related inflation and energy crisis have highlighted the importance of self-sufficiency and a robust domestic agriculture and food industry, Finance Minister Mihály Varga said, inaugurating a cheese plant in Szekszárd, in southern Hungary.
Bankruptcies in Hungary Postponed Due to Loan Moratorium

Bankruptcies in Hungary Postponed Due to Loan Moratorium

The number of new companies founded in 2021 reached 33,821, a nine-year high, while company wind-ups were the lowest since 2007 at 20,439, according to company data provider Opten.
Jobless Rate 4% in June

Jobless Rate 4% in June

Hungary’s jobless rate was 4% in June, up from 3.9% in the previous month, the Central Statistical Office (KSH) said.
Hungary Crisis Management Yields Mixed Results, Says National Bank Governor

Hungary Crisis Management Yields Mixed Results, Says National Bank Governor

Hungary’s management of the coronavirus crisis last year yielded mixed results, National Bank of Hungary (NBH) governor György Matolcsy wrote in an article in the online edition of daily Magyar Nemzet, adding that the economy had been saved by an increase in private sector borrowing.
Hungary Ranks 42nd in IMD Competitiveness Report, Says Finance Minister

Hungary Ranks 42nd in IMD Competitiveness Report, Says Finance Minister

Hungary has jumped five places to rank 42nd in the report published by the Swiss IMD World Competitiveness Center, Finance Minister Mihály Varga said.
Key Business Measures to Aid Recovery Outlined by PM Orbán

Key Business Measures to Aid Recovery Outlined by PM Orbán

Prime Minister Viktor Orbán, at a business conference, outlined measures that could support the recovery from the coronavirus crisis, including a tax rebate for lower income families, state-subsidised credit for SMEs and a higher minimum wage.
Continental Hungary Praised By Innovation & Technology Minister At “Success Story” Celebration

Continental Hungary Praised By Innovation & Technology Minister At “Success Story” Celebration

Solutions based on artificial intelligence are crucial for the development of self-driving cars, the innovation and technology minister said at a celebration by Continental Hungary.
Hungary’s Budget Deficit Reaches HUF 831.9 Billion In March

Hungary’s Budget Deficit Reaches HUF 831.9 Billion In March

Hungary’s cash flow-based budget deficit, excluding local councils, reached 831.9 billion forints (EUR 2.3bn) at the end of March, the finance ministry confirmed in a detailed release of data.
Chamber Calls for Rate Freeze, Repayment Moratorium for Hungarian Firms

Chamber Calls for Rate Freeze, Repayment Moratorium for Hungarian Firms

The Hungarian Chamber of Commerce and Industry (MKIK) has requested that the government should consider freezing the rate on corporate loans between 5-10% and introducing a repayment moratorium for existing floating-rate loans “as long as the economic situation warrants”.
New 5 Billion Forint Cheese Plant Inaugurated in Szekszárd

New 5 Billion Forint Cheese Plant Inaugurated in Szekszárd

The war-related inflation and energy crisis have highlighted the importance of self-sufficiency and a robust domestic agriculture and food industry, Finance Minister Mihály Varga said, inaugurating a cheese plant in Szekszárd, in southern Hungary.
Bankruptcies in Hungary Postponed Due to Loan Moratorium

Bankruptcies in Hungary Postponed Due to Loan Moratorium

The number of new companies founded in 2021 reached 33,821, a nine-year high, while company wind-ups were the lowest since 2007 at 20,439, according to company data provider Opten.
Jobless Rate 4% in June

Jobless Rate 4% in June

Hungary’s jobless rate was 4% in June, up from 3.9% in the previous month, the Central Statistical Office (KSH) said.
Hungary Crisis Management Yields Mixed Results, Says National Bank Governor

Hungary Crisis Management Yields Mixed Results, Says National Bank Governor

Hungary’s management of the coronavirus crisis last year yielded mixed results, National Bank of Hungary (NBH) governor György Matolcsy wrote in an article in the online edition of daily Magyar Nemzet, adding that the economy had been saved by an increase in private sector borrowing.
Hungary Ranks 42nd in IMD Competitiveness Report, Says Finance Minister

Hungary Ranks 42nd in IMD Competitiveness Report, Says Finance Minister

Hungary has jumped five places to rank 42nd in the report published by the Swiss IMD World Competitiveness Center, Finance Minister Mihály Varga said.
Key Business Measures to Aid Recovery Outlined by PM Orbán

Key Business Measures to Aid Recovery Outlined by PM Orbán

Prime Minister Viktor Orbán, at a business conference, outlined measures that could support the recovery from the coronavirus crisis, including a tax rebate for lower income families, state-subsidised credit for SMEs and a higher minimum wage.
Continental Hungary Praised By Innovation & Technology Minister At “Success Story” Celebration

Continental Hungary Praised By Innovation & Technology Minister At “Success Story” Celebration

Solutions based on artificial intelligence are crucial for the development of self-driving cars, the innovation and technology minister said at a celebration by Continental Hungary.
Hungary’s Budget Deficit Reaches HUF 831.9 Billion In March

Hungary’s Budget Deficit Reaches HUF 831.9 Billion In March

Hungary’s cash flow-based budget deficit, excluding local councils, reached 831.9 billion forints (EUR 2.3bn) at the end of March, the finance ministry confirmed in a detailed release of data.