104 result(s) for loan rate cap
Budget 2014: Inflation Projected At 2.4% And Budget Deficit At 2.9% In Hungary
- 23 Sep 2013 1:00 AM
- business
The Ministry for National Economy drafted next year’s budget with a deficit of 2.9 percent and an inflation rate of 2.4 percent, Minister Mihály Varga stated on Sunday. The Minister also disclosed that the Ministry calculated the 2014 Budget without revenues from the advertisement tax and the below 3 percent deficit target will be attainable even without that. “I anticipate only slight ...
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.
Main Obstacles To Concluding A Loan Agreement With IMF & EU Have Been Removed
- 12 Nov 2012 8:06 AM
- business
In an interview for Hungarian News Agency MTI, the Prime Minister said that the government has made efforts to endure that the excessive deficit procedure Hungary has been subject to since 2004 will end. With reference to the European Commission's Wednesday report which forecast a deficit-to-GDP ratio of 2.9 percent and a growth rate of 0.3 percent for Hungary next year, the Prime Minister said ...
Colling Accounting: Personal Income Tax Changes In 2012
- 2 May 2012 6:56 AM
- specials
"Tax base top-up According to the new rules in the case of incomes below the annual gross income limit of HUF 2,424,000 the annual tax rate will remain 16%, i.e. the tax base top-up (27%) is not to be considered for the purpose of tax base. In the case of incomes above that (gross HUF 202,000 / month) the 16% personal income tax advance for the part above the limit shall be calculated for a ...
Hungarian Chief Negotiator: Talks With IMF To Last Weeks, Size Of Aid Undecided
- 26 Apr 2012 9:00 AM
- current affairs
Hungary's talks with the International Monetary Fund (IMF) on financial assistance are likely to last for weeks, under the current international financial climate, Tamas Fellegi, chief negotiator for talks, told a press conference on Wednesday.
Hungarian Government Committed To IMF-EU Agreement And Ready To Start Negotiations
- 9 Mar 2012 8:04 AM
- current affairs
"Minister without Portfolio for Liaising with Certain International Financial Organisations Tamás Fellegi’s keynote speech opened the conference entitled “Forint, crisis, state debt” organised on macro-economic issues on 8 March 2012 in Budapest by Portfolio.hu.
‘State Of The Nation’ Speech By Hungary's Prime Minister Viktor Orbán
- 9 Feb 2012 8:03 AM
- current affairs
"On 7 February 2012 Viktor Orbán gave his traditional ‘state of the nation’ speech, focusing on the past year. This was the fourteenth such occasion. At the beginning of his speech Mr. Orbán thanked all those who have stood by the country in spite of the criticism directed at it and its government. This was a reference to the four hundred thousand people who took part in the ‘Peace March for ...
Online Discount Bank Registered In Hungary
- 17 Jan 2012 8:04 AM
- business
"The Company Court has officially registered Webbank, founded to assist borrowers in converting their foreign-currency mortgage loans. The bank is to have Ft 3 billion of capital, 49% of that provided by the state and 51% by private investors. Webbank will have only one branch, but its operations will be based entirely on the internet, to keep operating costs low.
Speech By Hungarian PM Viktor Orbán At The London School Of Economics
- 17 Jan 2012 8:00 AM
- current affairs
Speech made on 10 November 2011 at LSE, UK: "Thank you very much and good afternoon, Ladies and Gentlemen. My elaboration today is about Central Europe and its future in a wider context, may I say in a European context. Thank you for the invitation, because it is always a joy to explain Central Europe to the Westerners, which is not an easy job anyway. The difficulty of that kind of lecture is ...
Budget 2014: Inflation Projected At 2.4% And Budget Deficit At 2.9% In Hungary
- 23 Sep 2013 1:00 AM
- business
The Ministry for National Economy drafted next year’s budget with a deficit of 2.9 percent and an inflation rate of 2.4 percent, Minister Mihály Varga stated on Sunday. The Minister also disclosed that the Ministry calculated the 2014 Budget without revenues from the advertisement tax and the below 3 percent deficit target will be attainable even without that. “I anticipate only slight ...
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.
Main Obstacles To Concluding A Loan Agreement With IMF & EU Have Been Removed
- 12 Nov 2012 8:06 AM
- business
In an interview for Hungarian News Agency MTI, the Prime Minister said that the government has made efforts to endure that the excessive deficit procedure Hungary has been subject to since 2004 will end. With reference to the European Commission's Wednesday report which forecast a deficit-to-GDP ratio of 2.9 percent and a growth rate of 0.3 percent for Hungary next year, the Prime Minister said ...
Colling Accounting: Personal Income Tax Changes In 2012
- 2 May 2012 6:56 AM
- specials
"Tax base top-up According to the new rules in the case of incomes below the annual gross income limit of HUF 2,424,000 the annual tax rate will remain 16%, i.e. the tax base top-up (27%) is not to be considered for the purpose of tax base. In the case of incomes above that (gross HUF 202,000 / month) the 16% personal income tax advance for the part above the limit shall be calculated for a ...
Hungarian Chief Negotiator: Talks With IMF To Last Weeks, Size Of Aid Undecided
- 26 Apr 2012 9:00 AM
- current affairs
Hungary's talks with the International Monetary Fund (IMF) on financial assistance are likely to last for weeks, under the current international financial climate, Tamas Fellegi, chief negotiator for talks, told a press conference on Wednesday.
Hungarian Government Committed To IMF-EU Agreement And Ready To Start Negotiations
- 9 Mar 2012 8:04 AM
- current affairs
"Minister without Portfolio for Liaising with Certain International Financial Organisations Tamás Fellegi’s keynote speech opened the conference entitled “Forint, crisis, state debt” organised on macro-economic issues on 8 March 2012 in Budapest by Portfolio.hu.
‘State Of The Nation’ Speech By Hungary's Prime Minister Viktor Orbán
- 9 Feb 2012 8:03 AM
- current affairs
"On 7 February 2012 Viktor Orbán gave his traditional ‘state of the nation’ speech, focusing on the past year. This was the fourteenth such occasion. At the beginning of his speech Mr. Orbán thanked all those who have stood by the country in spite of the criticism directed at it and its government. This was a reference to the four hundred thousand people who took part in the ‘Peace March for ...
Online Discount Bank Registered In Hungary
- 17 Jan 2012 8:04 AM
- business
"The Company Court has officially registered Webbank, founded to assist borrowers in converting their foreign-currency mortgage loans. The bank is to have Ft 3 billion of capital, 49% of that provided by the state and 51% by private investors. Webbank will have only one branch, but its operations will be based entirely on the internet, to keep operating costs low.
Speech By Hungarian PM Viktor Orbán At The London School Of Economics
- 17 Jan 2012 8:00 AM
- current affairs
Speech made on 10 November 2011 at LSE, UK: "Thank you very much and good afternoon, Ladies and Gentlemen. My elaboration today is about Central Europe and its future in a wider context, may I say in a European context. Thank you for the invitation, because it is always a joy to explain Central Europe to the Westerners, which is not an easy job anyway. The difficulty of that kind of lecture is ...