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Former MNB Vice-Governor: Hungary Needs A Miracle
- 25 Aug 2014 9:00 AM
- business
Hungary’s national debt of 85.1% of GDP is so high that it will take a miracle for the government to avoid breaking its own constitutional stipulation that it set out in the Basic Law, former National Bank of Hungary (MNB) vice-governor Zoltán Bodnár said this week.
Hungarian Lenders May Have To Take A Hit On FX Car Loans
- 22 Aug 2014 9:00 AM
- shopping
Consumers who borrowed in foreign currencies in order to purchase cars should be also be helped out, as the Kúria also declared their contracts to be unfair, PMO Minister János Lázár told tabloid Blikk in an interview.
Cigarettes Market Shrinks In Hungary
- 21 Aug 2014 4:00 AM
- shopping
Hungary’s official cigarettes market has shrunk over the past two years, Thursday’s business daily Világgazdaság said, citing data from the tax office NAV. In January-June this year 3.6 billion cigarettes were sold through legal outlets, compared to 6.2 billion in the same period in 2012.
Hungary National Debt Reaches 85% Of GDP
- 20 Aug 2014 9:00 AM
- business
“The Day of Collapse is approaching. The cabinet’s dilettante economic policy and the central bank’s bad interest and forint policies have resulted in debt reaching its highest level in 20 years”. – Statement issued Monday by opposition political coalition Together-Dialogue for Hungary.
Parties Comment On Hungary Debt Ratio Rise
- 19 Aug 2014 10:00 AM
- current affairs
Hungary’s public debt, calculated at nominal value, in line with Maastricht methodology, reached 25,432 billion forints (EUR 81.2bn), or 85.1% of GDP, at the end of June, preliminary data on financial accounts published by the National Bank of Hungary (NBH) on Monday show. Transactions raised the debt by 434 billion forints during the period. The weaker forint boosted it by 65 billion forints. ...
Laugh, Brody, Laugh! – English Courtyard Comedy, Budapest, 27 August
- 19 Aug 2014 9:00 AM
- entertainment
On Wednesday 27 August, Brody Studios features the third in the series of English comedy nights this time hosted by Paul B Edwards, self styled rock & roll poet and comedian. Paul, a regular at the Jongleurs and Highlight Comedy Clubs, has performed at major UK music festivals and headlined Reading and compered for V Festival Leeds. He promotes and hosts his own monthly shows and has hosted ...
Hungarian Central Bank Buys Luxury Downtown Office Building
- 19 Aug 2014 1:00 AM
- property
The Hungarian National Bank (MNB) is spending billions of Hungarian taxpayer money acquiring luxury properties. In addition to the recent purchase of a palace on the banks of the river Tisza, the central bank has purchased a luxury office building in downtown Pest for an estimated HUF 12.56 billion (USD 53.53 million), writes napi.hu.
Hungary Central Bank Buys Luxury Residence To Support ‘Corporate Social Responsibility’
- 14 Aug 2014 9:00 AM
- property
The Hungary Central Bank (MNB, pictured) has bought a historic castle on the banks of the Tisza river as part of its corporate social responsibility strategy. The bank argues that it is trying to support its payroll of over one thousand employees by providing them with fringe benefits and welfare services.
Hungary Paid Ft 600bn Too Much For E.ON
- 14 Aug 2014 9:00 AM
- business
The government may have paid Ft 600 billion more than market value for the Hungarian operations of German energy giant E.ON last year, according to background studies obtained by website Átlátszó via a court order from the Kúria.
Former MNB Vice-Governor: Hungary Needs A Miracle
- 25 Aug 2014 9:00 AM
- business
Hungary’s national debt of 85.1% of GDP is so high that it will take a miracle for the government to avoid breaking its own constitutional stipulation that it set out in the Basic Law, former National Bank of Hungary (MNB) vice-governor Zoltán Bodnár said this week.
Hungarian Lenders May Have To Take A Hit On FX Car Loans
- 22 Aug 2014 9:00 AM
- shopping
Consumers who borrowed in foreign currencies in order to purchase cars should be also be helped out, as the Kúria also declared their contracts to be unfair, PMO Minister János Lázár told tabloid Blikk in an interview.
Cigarettes Market Shrinks In Hungary
- 21 Aug 2014 4:00 AM
- shopping
Hungary’s official cigarettes market has shrunk over the past two years, Thursday’s business daily Világgazdaság said, citing data from the tax office NAV. In January-June this year 3.6 billion cigarettes were sold through legal outlets, compared to 6.2 billion in the same period in 2012.
Hungary National Debt Reaches 85% Of GDP
- 20 Aug 2014 9:00 AM
- business
“The Day of Collapse is approaching. The cabinet’s dilettante economic policy and the central bank’s bad interest and forint policies have resulted in debt reaching its highest level in 20 years”. – Statement issued Monday by opposition political coalition Together-Dialogue for Hungary.
Parties Comment On Hungary Debt Ratio Rise
- 19 Aug 2014 10:00 AM
- current affairs
Hungary’s public debt, calculated at nominal value, in line with Maastricht methodology, reached 25,432 billion forints (EUR 81.2bn), or 85.1% of GDP, at the end of June, preliminary data on financial accounts published by the National Bank of Hungary (NBH) on Monday show. Transactions raised the debt by 434 billion forints during the period. The weaker forint boosted it by 65 billion forints. ...
Laugh, Brody, Laugh! – English Courtyard Comedy, Budapest, 27 August
- 19 Aug 2014 9:00 AM
- entertainment
On Wednesday 27 August, Brody Studios features the third in the series of English comedy nights this time hosted by Paul B Edwards, self styled rock & roll poet and comedian. Paul, a regular at the Jongleurs and Highlight Comedy Clubs, has performed at major UK music festivals and headlined Reading and compered for V Festival Leeds. He promotes and hosts his own monthly shows and has hosted ...
Hungarian Central Bank Buys Luxury Downtown Office Building
- 19 Aug 2014 1:00 AM
- property
The Hungarian National Bank (MNB) is spending billions of Hungarian taxpayer money acquiring luxury properties. In addition to the recent purchase of a palace on the banks of the river Tisza, the central bank has purchased a luxury office building in downtown Pest for an estimated HUF 12.56 billion (USD 53.53 million), writes napi.hu.
Hungary Central Bank Buys Luxury Residence To Support ‘Corporate Social Responsibility’
- 14 Aug 2014 9:00 AM
- property
The Hungary Central Bank (MNB, pictured) has bought a historic castle on the banks of the Tisza river as part of its corporate social responsibility strategy. The bank argues that it is trying to support its payroll of over one thousand employees by providing them with fringe benefits and welfare services.
Hungary Paid Ft 600bn Too Much For E.ON
- 14 Aug 2014 9:00 AM
- business
The government may have paid Ft 600 billion more than market value for the Hungarian operations of German energy giant E.ON last year, according to background studies obtained by website Átlátszó via a court order from the Kúria.