1,220 result(s) for national bank
National Bank Of Hungary Fined Napi Gazdaság & Napi.hu For Illegal Market Manipulation
- 27 Nov 2013 8:00 AM
- business
The National Bank of Hungary (NBH) has fined the publisher Napi Gazdaság Kiadó and news portal Napi.hu 3 million forints each for illegal manipulation of the market. The NBH launched an investigation over an article published by the business daily as well as the news portal on October 16, which said Norway’s Oil Fund could consider selling its 1.6% stake in Hungarian oil and gas company MOL ...
Hungary’s Central Bank Expected To Cut Base Rate By 20 BP Today
- 26 Nov 2013 8:00 AM
- business
Hungary’s central bank is all but certain to cut the base rate by another 20 basis points at its monetary policy meeting on Tuesday, London-based analysts have said. It appears more and more likely that its policy rate will be brought to below 3% by the end of its current easing cycle, they said on Monday.
Hungary’s PM Remains Committed To Single Digit Personal Income Tax
- 23 Nov 2013 4:00 AM
- current affairs
Hungary’s flat-rate personal income tax can hopefully be reduced from the current level of 16 percent to single digits within three years, Prime Minister Viktor Orbán said at a business forum organised by the Japan Business Federation (Keidanred) and the Hungarian Investment and Trade Agency (HITA) in Japan on Friday.
Matolcsy Sees Room For Further Interest Ratecut In Hungary
- 21 Nov 2013 8:00 AM
- business
There is further room to reduce the central bank’s base rate, the governor of the National Bank of Hungary, György Matolcsy, said. The base interest currently stands at a record low of 3.4%. Matolcsy told a conference on the bank’s credit for growth scheme that almost all central banks started unorthodox policies after the 2008 crisis and the Hungarian government also applied such policies from ...
Xpat Opinion: Hungary’s PM Just Announced His Government’s Motto: Glory To God Alone
- 18 Nov 2013 12:00 AM
- current affairs
We all know about Viktor Orbán’s infatuation with the spiritual in the last few years. Maybe I just don’t remember properly, but I can’t recall much piety in his speeches during his first premiership between 1998 and 2002. Today, by contrast, his speeches are teeming with Biblical quotations and Latin religious phrases. And his generosity toward the “established” churches, especially the Catholic ...
Xpat Opinion: Inflation Hits Record Low In Hungary
- 15 Nov 2013 8:00 AM
- business
As the inflation rate slows to a 39 year low, a left-wing commentator warns of the dangers of prices kept artificially low. A conservative columnist, on the other hand, believes that price stability and the increase in disposable incomes adds up to good news for the economy.
Charge-Free Cash Withdrawal Enacted In Hungary
- 14 Nov 2013 10:50 AM
- business
Over the past one year, the costs of banking services have increased significantly and in order to decrease them the National Assembly today adopted an amendment which stipulates the free withdrawal of cash. The amendment on the cutting of financial service fees aims to secure as part of consumer rights the charge-free access to cash withdrawal for up to HUF 150 000 as another measure for easing ...
Hungary’s National Bank To Sign Ft 6bn Contract For PR
- 14 Nov 2013 8:00 AM
- business
The MNB has invited bids in a Ft 6 billion public procurement tender for communications in what will be the largest contract ever seen in Hungary’s PR sector, the Public Procurement Gazette reveals. The previous record was the Ft 2.5 billion communications contract for the state debt management company in 2011.
Miskolc Northern Ring Road In Hungary To Be Completed By Late Spring 2015
- 14 Nov 2013 8:00 AM
- getting around
Minister of State for Infrastructure Pál Völner, Member of Parliament of the region Katalin Csöbör and Head of Communications of the National Infrastructure Development Co. Ltd. Dániel Loppert laid the foundation stone of the Miskolc Northern Ring on 13 November 2013. The 2x1 lane stretch of 5.8 km to be funded from the New Széchenyi Plan is to be ready for use by traffic in late spring 2015.
National Bank Of Hungary Fined Napi Gazdaság & Napi.hu For Illegal Market Manipulation
- 27 Nov 2013 8:00 AM
- business
The National Bank of Hungary (NBH) has fined the publisher Napi Gazdaság Kiadó and news portal Napi.hu 3 million forints each for illegal manipulation of the market. The NBH launched an investigation over an article published by the business daily as well as the news portal on October 16, which said Norway’s Oil Fund could consider selling its 1.6% stake in Hungarian oil and gas company MOL ...
Hungary’s Central Bank Expected To Cut Base Rate By 20 BP Today
- 26 Nov 2013 8:00 AM
- business
Hungary’s central bank is all but certain to cut the base rate by another 20 basis points at its monetary policy meeting on Tuesday, London-based analysts have said. It appears more and more likely that its policy rate will be brought to below 3% by the end of its current easing cycle, they said on Monday.
Hungary’s PM Remains Committed To Single Digit Personal Income Tax
- 23 Nov 2013 4:00 AM
- current affairs
Hungary’s flat-rate personal income tax can hopefully be reduced from the current level of 16 percent to single digits within three years, Prime Minister Viktor Orbán said at a business forum organised by the Japan Business Federation (Keidanred) and the Hungarian Investment and Trade Agency (HITA) in Japan on Friday.
Matolcsy Sees Room For Further Interest Ratecut In Hungary
- 21 Nov 2013 8:00 AM
- business
There is further room to reduce the central bank’s base rate, the governor of the National Bank of Hungary, György Matolcsy, said. The base interest currently stands at a record low of 3.4%. Matolcsy told a conference on the bank’s credit for growth scheme that almost all central banks started unorthodox policies after the 2008 crisis and the Hungarian government also applied such policies from ...
Xpat Opinion: Hungary’s PM Just Announced His Government’s Motto: Glory To God Alone
- 18 Nov 2013 12:00 AM
- current affairs
We all know about Viktor Orbán’s infatuation with the spiritual in the last few years. Maybe I just don’t remember properly, but I can’t recall much piety in his speeches during his first premiership between 1998 and 2002. Today, by contrast, his speeches are teeming with Biblical quotations and Latin religious phrases. And his generosity toward the “established” churches, especially the Catholic ...
Xpat Opinion: Inflation Hits Record Low In Hungary
- 15 Nov 2013 8:00 AM
- business
As the inflation rate slows to a 39 year low, a left-wing commentator warns of the dangers of prices kept artificially low. A conservative columnist, on the other hand, believes that price stability and the increase in disposable incomes adds up to good news for the economy.
Charge-Free Cash Withdrawal Enacted In Hungary
- 14 Nov 2013 10:50 AM
- business
Over the past one year, the costs of banking services have increased significantly and in order to decrease them the National Assembly today adopted an amendment which stipulates the free withdrawal of cash. The amendment on the cutting of financial service fees aims to secure as part of consumer rights the charge-free access to cash withdrawal for up to HUF 150 000 as another measure for easing ...
Hungary’s National Bank To Sign Ft 6bn Contract For PR
- 14 Nov 2013 8:00 AM
- business
The MNB has invited bids in a Ft 6 billion public procurement tender for communications in what will be the largest contract ever seen in Hungary’s PR sector, the Public Procurement Gazette reveals. The previous record was the Ft 2.5 billion communications contract for the state debt management company in 2011.
Miskolc Northern Ring Road In Hungary To Be Completed By Late Spring 2015
- 14 Nov 2013 8:00 AM
- getting around
Minister of State for Infrastructure Pál Völner, Member of Parliament of the region Katalin Csöbör and Head of Communications of the National Infrastructure Development Co. Ltd. Dániel Loppert laid the foundation stone of the Miskolc Northern Ring on 13 November 2013. The 2x1 lane stretch of 5.8 km to be funded from the New Széchenyi Plan is to be ready for use by traffic in late spring 2015.