485 result(s) for loans
Gross Wages Rise 6.4% In April
- 22 Jun 2016 9:00 AM
- business
The average gross wage in Hungary was 264,471 forints (EUR 845) in April, up by 6.4% from the same month a year earlier, the Central Statistical Office (KSH) said. Net wage growth outpaced the increase, rising by 8.0% to 175,874 forints, because of a one percentage point cut in the personal income tax rate, to 15%, from January.
Moody’s: Improved Employment, Higher Real Wages Positive For Banks
- 31 May 2016 9:00 AM
- business
Lower unemployment, higher employment and rising real wages should positively impact Hungary’s banking sector, ratings agency Moody’s said in an analysis. Higher real wages is credit positive for banks because it enhances households’ ability to service their bank loans and will help reduce banks’ nonperforming retail loans.
Only 23% Of Young Hungarians Financially Savy
- 17 May 2016 9:00 AM
- business
The percentage of young Hungarians who said they are well-informed on financial matters is 23% among urban youth, 28% among young employees and 12% among students, according to K&H’s first-quarter survey covering people aged between 19 and 29 years.
Varga: Govt To Mull Single-Digit Income Tax In 2017
- 26 Apr 2016 9:00 AM
- business
The question whether to introduce a single-digit income tax will be broached next year, the economy minister said in an interview to business daily Világgazdaság. Mihály Varga said that reducing the tax from the current 15% would lead to revenue losses amounting to 600 billion forints (EUR 1.9bn). But if the rate of growth stays on its current trajectory and the government succeeds in ...
Orbán: Hungary Experiencing Economic Boom
- 25 Apr 2016 9:00 AM
- business
Hungary is experiencing a time of economic prosperity and will take another step forward in 2017, Prime Minister Viktor Orbán told public Kossuth Radio. Speaking about next year’s budget, the prime minister said wages are continuously growing while unemployment is decreasing, something that Hungary “achieved without loans”.
New Wave Media To Acquire Hungarian Business Weekly Figyelő
- 25 Apr 2016 9:00 AM
- business
New Wave Media, publisher of daily online vs.hu, is set to purchase the business weekly Figyelő, reports 444.hu. The purchase would mark the latest in a string of acquisitions by New Wave Media, the media holding company owned by Tamás Szemerey, a cousin of longtime Fidesz member and current National Bank governor György Matolcsy.
Együtt Reports Suspected Fraud To Police Linked To PM’s Informal Advisor
- 8 Apr 2016 9:18 AM
- current affairs
The opposition Együtt party has filed a report to police over suspected fraud linked to Árpád Habony, the prime minister’s informal advisor. The party’s leader, Viktor Szigetvári, said Habony’s lawful income is insufficient for paying back loans and his wealth stems from murky sources, while he maintains links with people handling taxpayer money.
Hungary Fully Reimbursed IMF - European Commission Loan
- 7 Apr 2016 9:00 AM
- business
On 6 April 2016, the European Commission credited the last instalment, EUR 1.5bn, of the loan facility that the former Hungarian government had received from the IMF and the European Commission in 2008 and 2009, Minister for National Economy Mihály Varga announced. With this step, he added, the Government has reached its goal of creating economic policy independence also in terms of state ...
Opposition Parties Press For Measures Against Offshore Business
- 5 Apr 2016 9:00 AM
- current affairs
Hungarian opposition parties have urged the government to take measures in light of the international offshore scandal dubbed “Panama Papers”. The radical nationalist Jobbik party insisted that lawmakers with ties to offshore companies should be stripped of their mandates. MPs should sign affidavits that they have no ties with offshore companies, Jobbik lawmaker György Szilágyi said.
Gross Wages Rise 6.4% In April
- 22 Jun 2016 9:00 AM
- business
The average gross wage in Hungary was 264,471 forints (EUR 845) in April, up by 6.4% from the same month a year earlier, the Central Statistical Office (KSH) said. Net wage growth outpaced the increase, rising by 8.0% to 175,874 forints, because of a one percentage point cut in the personal income tax rate, to 15%, from January.
Moody’s: Improved Employment, Higher Real Wages Positive For Banks
- 31 May 2016 9:00 AM
- business
Lower unemployment, higher employment and rising real wages should positively impact Hungary’s banking sector, ratings agency Moody’s said in an analysis. Higher real wages is credit positive for banks because it enhances households’ ability to service their bank loans and will help reduce banks’ nonperforming retail loans.
Only 23% Of Young Hungarians Financially Savy
- 17 May 2016 9:00 AM
- business
The percentage of young Hungarians who said they are well-informed on financial matters is 23% among urban youth, 28% among young employees and 12% among students, according to K&H’s first-quarter survey covering people aged between 19 and 29 years.
Varga: Govt To Mull Single-Digit Income Tax In 2017
- 26 Apr 2016 9:00 AM
- business
The question whether to introduce a single-digit income tax will be broached next year, the economy minister said in an interview to business daily Világgazdaság. Mihály Varga said that reducing the tax from the current 15% would lead to revenue losses amounting to 600 billion forints (EUR 1.9bn). But if the rate of growth stays on its current trajectory and the government succeeds in ...
Orbán: Hungary Experiencing Economic Boom
- 25 Apr 2016 9:00 AM
- business
Hungary is experiencing a time of economic prosperity and will take another step forward in 2017, Prime Minister Viktor Orbán told public Kossuth Radio. Speaking about next year’s budget, the prime minister said wages are continuously growing while unemployment is decreasing, something that Hungary “achieved without loans”.
New Wave Media To Acquire Hungarian Business Weekly Figyelő
- 25 Apr 2016 9:00 AM
- business
New Wave Media, publisher of daily online vs.hu, is set to purchase the business weekly Figyelő, reports 444.hu. The purchase would mark the latest in a string of acquisitions by New Wave Media, the media holding company owned by Tamás Szemerey, a cousin of longtime Fidesz member and current National Bank governor György Matolcsy.
Együtt Reports Suspected Fraud To Police Linked To PM’s Informal Advisor
- 8 Apr 2016 9:18 AM
- current affairs
The opposition Együtt party has filed a report to police over suspected fraud linked to Árpád Habony, the prime minister’s informal advisor. The party’s leader, Viktor Szigetvári, said Habony’s lawful income is insufficient for paying back loans and his wealth stems from murky sources, while he maintains links with people handling taxpayer money.
Hungary Fully Reimbursed IMF - European Commission Loan
- 7 Apr 2016 9:00 AM
- business
On 6 April 2016, the European Commission credited the last instalment, EUR 1.5bn, of the loan facility that the former Hungarian government had received from the IMF and the European Commission in 2008 and 2009, Minister for National Economy Mihály Varga announced. With this step, he added, the Government has reached its goal of creating economic policy independence also in terms of state ...
Opposition Parties Press For Measures Against Offshore Business
- 5 Apr 2016 9:00 AM
- current affairs
Hungarian opposition parties have urged the government to take measures in light of the international offshore scandal dubbed “Panama Papers”. The radical nationalist Jobbik party insisted that lawmakers with ties to offshore companies should be stripped of their mandates. MPs should sign affidavits that they have no ties with offshore companies, Jobbik lawmaker György Szilágyi said.