24 result(s) for online services in Business
Hungary C.Bank Chief Intends To Stay Until His Mandate Expires
- 27 Apr 2010 3:00 AM
- business
"There were two proposals discussed at the Monetary Council’s rate meeting on Monday, one to lower the benchmark rate by 25 bps and one to cut it by 50 bps. The former proposal was supported by a "convincing majority", NBH Governor András Simor told a press conference. Hungary’s base rate was trimmed to an all-time low of 5.15% today.
EU May Ease State Aid Rules To Offset Airline Losses
- 20 Apr 2010 5:00 AM
- business
"light bans triggered by a volcanic eruption in Iceland are being lifted all over Europe. Hungary has first called off overflight restrictions above 7,500 metres (24,000 feet) and then suspended general no-fly regulations at noon today. In the meantime, economists have warned that air travel disruption depends entirely on how long the eruption of the Eyjafjallajökull Volcano and the dispersion of ...
European Recovery May Choke On Volcanic Ash
- 19 Apr 2010 5:00 AM
- business
"Hungarian airspace remains closed from all traffic until Monday noon local time, the National Transport Authority’s Civil Aviation Directorate announced. This means that all flights are cancelled in Hungary and Budapest Airport has no incoming our outbound flights at all. The airspace closure, implemented all over Europe due to a volcanic eruption in Iceland sending dangerous ash clouds into the ...
Credigen Bank Withdraws From Hungary
- 12 Apr 2010 3:00 AM
- business
"Credigen Bank, the Hungarian consumer finance unit of French Sofinco, has terminated its activities in Hungary. A major player on the local consumer loan market, it will complete collecting its outstanding debt and then withdraw from Hungary altogether, the bank confirmed to local news portal index.hu. It has contracts with such large retail chains as Tesco, Media Markt, Saturn and Extreme ...
Hungary Magyar Telekom To Provide Gas And Electricity Services
- 12 Mar 2010 12:00 AM
- business
"Management of Hungarian telecoms group Magyar Telekom have on Thursday confirmed market rumours that the company intends to enter the energy market as a service provider. Although MTel’s primary means to give cash to its shareholders remains dividend payment, it aims to keep its option open to repurchase own shares, CFO Tilo Kusch told a background meeting with journalists.
Hungarian Economy Getting Up From The Mat, But Not Even In Semi-Kneeling Position
- 11 Mar 2010 2:00 AM
- business
@Hungary’s gross domestic product (GDP) dropped by 4.0% year on year in the fourth quarter of 2009, according to raw data and decreased by 4.1%, according to figures adjusted for calendar effects, the Central Statistics Office (KSH) has reported on Wednesday. Seasonally adjusted numbers showed an 0.4% quarter-on-quarter contraction. The Hungarian economy contracted by 6.3% yr/yr in the whole of ...
Hungary C.Bank Chief Intends To Stay Until His Mandate Expires
- 27 Apr 2010 3:00 AM
- business
"There were two proposals discussed at the Monetary Council’s rate meeting on Monday, one to lower the benchmark rate by 25 bps and one to cut it by 50 bps. The former proposal was supported by a "convincing majority", NBH Governor András Simor told a press conference. Hungary’s base rate was trimmed to an all-time low of 5.15% today.
EU May Ease State Aid Rules To Offset Airline Losses
- 20 Apr 2010 5:00 AM
- business
"light bans triggered by a volcanic eruption in Iceland are being lifted all over Europe. Hungary has first called off overflight restrictions above 7,500 metres (24,000 feet) and then suspended general no-fly regulations at noon today. In the meantime, economists have warned that air travel disruption depends entirely on how long the eruption of the Eyjafjallajökull Volcano and the dispersion of ...
European Recovery May Choke On Volcanic Ash
- 19 Apr 2010 5:00 AM
- business
"Hungarian airspace remains closed from all traffic until Monday noon local time, the National Transport Authority’s Civil Aviation Directorate announced. This means that all flights are cancelled in Hungary and Budapest Airport has no incoming our outbound flights at all. The airspace closure, implemented all over Europe due to a volcanic eruption in Iceland sending dangerous ash clouds into the ...
Credigen Bank Withdraws From Hungary
- 12 Apr 2010 3:00 AM
- business
"Credigen Bank, the Hungarian consumer finance unit of French Sofinco, has terminated its activities in Hungary. A major player on the local consumer loan market, it will complete collecting its outstanding debt and then withdraw from Hungary altogether, the bank confirmed to local news portal index.hu. It has contracts with such large retail chains as Tesco, Media Markt, Saturn and Extreme ...
Hungary Magyar Telekom To Provide Gas And Electricity Services
- 12 Mar 2010 12:00 AM
- business
"Management of Hungarian telecoms group Magyar Telekom have on Thursday confirmed market rumours that the company intends to enter the energy market as a service provider. Although MTel’s primary means to give cash to its shareholders remains dividend payment, it aims to keep its option open to repurchase own shares, CFO Tilo Kusch told a background meeting with journalists.
Hungarian Economy Getting Up From The Mat, But Not Even In Semi-Kneeling Position
- 11 Mar 2010 2:00 AM
- business
@Hungary’s gross domestic product (GDP) dropped by 4.0% year on year in the fourth quarter of 2009, according to raw data and decreased by 4.1%, according to figures adjusted for calendar effects, the Central Statistics Office (KSH) has reported on Wednesday. Seasonally adjusted numbers showed an 0.4% quarter-on-quarter contraction. The Hungarian economy contracted by 6.3% yr/yr in the whole of ...