316 result(s) for profit cap
Xpat Opnion: First State-Owned Hungarian Bank Is Already In Trouble
- 19 Dec 2014 12:00 AM
- current affairs
Great interest preceded a press conference held jointly by Prime Minister Viktor Orbán and György Matolcsy, governor of the Hungarian National Bank (HNB), this morning. What was so important that these two men would have to appear together in public? It had to be something momentous. Well, it was. The newly “nationalized” Magyar Külkereskedemi Bank (MKB) is in serious trouble and the Hungarian ...
Hungarian Govt: No Risks In 2015 Budget
- 12 Dec 2014 8:00 AM
- business
Government officials have said there were no risks in the 2015 budget, noting that the budget had not taken into account the some 300 billion forints (EUR 980m) in profit the National Bank of Hungary is expected to generate and saying there was fiscal room for a number of big investments.
Folk Music - Can Hungarian Music Be The Next New Wave?
- 5 Dec 2014 7:00 AM
- entertainment
Fonó recently made it into 12th place among the world's top publishers of world music. So, maybe it's a bit too early qualify the recording market as DOA. There's a good chance that Hungarian folk music, dressed up just a bit differently, might become as hot on the world market as Africa or the Balkans were a few years ago.
Hungarian Government To Restrict Supermarkets In World Heritage Areas
- 20 Nov 2014 8:00 AM
- shopping
A bill on “implementing fair market practices” in commerce submitted to Parliament by the economy minister on Tuesday would prohibit big supermarkets and discount shops from opening in the area of Budapest’s World Heritage sites.
Govt Mulls Banning Discount Stores, Big Supermarkets From Budapest’s World Heritage Sites
- 19 Nov 2014 8:00 AM
- shopping
A bill on “implementing fair market practices” in commerce submitted to Parliament by the economy minister on Tuesday would prohibit big supermarkets and discount shops from opening in the area of Budapest’s World Heritage sites.
Hungary's Magyar Telekom CEO Mattheisen Shocked By Internet Tax
- 29 Oct 2014 8:00 AM
- tech
The planned internet tax shocked Magyar Telekom, because it goes against the cooperation agreement signed with the government, chairman and CEO Christopher Mattheisen told portfolio.hu in an interview.
Hungarian Govt Supports HUF 700 Cap On Internet Tax
- 28 Oct 2014 3:00 AM
- current affairs
The government supports a proposal put forward by the ruling Fidesz party on capping the tax to be levied on internet traffic at 700 forints or 2.3 euros a month, Economy Minister Mihály Varga said. The tax would not be payable by subscribers but by telecoms, Varga said in parliament on Monday.
Hungary’s Gov Control Office Extends Probe Into Swiss Funds Managed By Ökotárs
- 12 Sep 2014 9:00 AM
- current affairs
The Government Control Office (Kehi) has extended its investigation into Ökotárs Foundation, an organisation coordinating the distribution of funds from the EEA/Norway Grants in Hungary, to include support received from the Swiss-Hungarian Cooperation Programme and from the central budget, the office said on Thursday.
Hungary’s Banking Sector Reports Enormous Q2 Losses
- 25 Aug 2014 4:00 AM
- business
Hungary’s banking sector reported enormous losses totaling HUF 361 billion (USD 1.57 billion) in Q2 2014 according to data released by the Hungarian National Bank (MNB) on Friday. This was mainly due to massive provisions against losses to cover the costs of refunding clients for past charges resulting from the currency spread and higher interest rates approved without the client’s consent.
Xpat Opnion: First State-Owned Hungarian Bank Is Already In Trouble
- 19 Dec 2014 12:00 AM
- current affairs
Great interest preceded a press conference held jointly by Prime Minister Viktor Orbán and György Matolcsy, governor of the Hungarian National Bank (HNB), this morning. What was so important that these two men would have to appear together in public? It had to be something momentous. Well, it was. The newly “nationalized” Magyar Külkereskedemi Bank (MKB) is in serious trouble and the Hungarian ...
Hungarian Govt: No Risks In 2015 Budget
- 12 Dec 2014 8:00 AM
- business
Government officials have said there were no risks in the 2015 budget, noting that the budget had not taken into account the some 300 billion forints (EUR 980m) in profit the National Bank of Hungary is expected to generate and saying there was fiscal room for a number of big investments.
Folk Music - Can Hungarian Music Be The Next New Wave?
- 5 Dec 2014 7:00 AM
- entertainment
Fonó recently made it into 12th place among the world's top publishers of world music. So, maybe it's a bit too early qualify the recording market as DOA. There's a good chance that Hungarian folk music, dressed up just a bit differently, might become as hot on the world market as Africa or the Balkans were a few years ago.
Hungarian Government To Restrict Supermarkets In World Heritage Areas
- 20 Nov 2014 8:00 AM
- shopping
A bill on “implementing fair market practices” in commerce submitted to Parliament by the economy minister on Tuesday would prohibit big supermarkets and discount shops from opening in the area of Budapest’s World Heritage sites.
Govt Mulls Banning Discount Stores, Big Supermarkets From Budapest’s World Heritage Sites
- 19 Nov 2014 8:00 AM
- shopping
A bill on “implementing fair market practices” in commerce submitted to Parliament by the economy minister on Tuesday would prohibit big supermarkets and discount shops from opening in the area of Budapest’s World Heritage sites.
Hungary's Magyar Telekom CEO Mattheisen Shocked By Internet Tax
- 29 Oct 2014 8:00 AM
- tech
The planned internet tax shocked Magyar Telekom, because it goes against the cooperation agreement signed with the government, chairman and CEO Christopher Mattheisen told portfolio.hu in an interview.
Hungarian Govt Supports HUF 700 Cap On Internet Tax
- 28 Oct 2014 3:00 AM
- current affairs
The government supports a proposal put forward by the ruling Fidesz party on capping the tax to be levied on internet traffic at 700 forints or 2.3 euros a month, Economy Minister Mihály Varga said. The tax would not be payable by subscribers but by telecoms, Varga said in parliament on Monday.
Hungary’s Gov Control Office Extends Probe Into Swiss Funds Managed By Ökotárs
- 12 Sep 2014 9:00 AM
- current affairs
The Government Control Office (Kehi) has extended its investigation into Ökotárs Foundation, an organisation coordinating the distribution of funds from the EEA/Norway Grants in Hungary, to include support received from the Swiss-Hungarian Cooperation Programme and from the central budget, the office said on Thursday.
Hungary’s Banking Sector Reports Enormous Q2 Losses
- 25 Aug 2014 4:00 AM
- business
Hungary’s banking sector reported enormous losses totaling HUF 361 billion (USD 1.57 billion) in Q2 2014 according to data released by the Hungarian National Bank (MNB) on Friday. This was mainly due to massive provisions against losses to cover the costs of refunding clients for past charges resulting from the currency spread and higher interest rates approved without the client’s consent.


















