209 result(s) for statement in Business
Xpat Opinion: Government Plans Zero Budget Deficit
- 22 Feb 2016 8:00 AM
- business
Centrist, conservative and pro-government columnists welcome the government’s plans to cut the deficit to zero by 2017 and thus reduce public debt.
EC Clears Mark For Operation
- 11 Feb 2016 8:00 AM
- business
The European Commission has authorised the operation of the Hungarian Reorganisation and Receivables Management Company (MARK), established by the National Bank of Hungary (NBH) last November to buy bad commercial real estate loans and properties from banks, the central bank said.
Regulator Lets Investors Doublecheck Account Balances
- 5 Feb 2016 8:00 AM
- business
Clients of investment companies doing business in Hungary are now able to check their securities and equities account statements against data compiled by the market regulator, the National Bank of Hungary’s deputy governor in charge of oversight told journalists.
Hungary’s Central Bank Keeps Key Rate On Hold
- 27 Jan 2016 8:00 AM
- business
Hungarian rate setters kept the base rate on hold at 1.35% on Tuesday. The decision was in line with the expectations of analysts. The Monetary Council has kept the base rate on hold since signalling an end to an easing cycle at a policy meeting in July 2015. In a statement released shortly after the rate-setting meeting the Council said the annual inflation rate increased, while core inflation ...
Brokers Pocket HUF 74 Billion Selling Hungarian Settlement Bonds
- 21 Jan 2016 10:35 AM
- business
1145 foreigners were granted residency permits in Hungary in 2015 after purchasing settlement bonds. Magyar Nemzet reports that offshore companies brokering the sale of the bonds have made between HUF 74 billion (USD 255 million) and HUF 95 billion (USD 328 million) since the program was launched three years ago.
Vajna’s Magyar Broadcasting Completes TV2 Acquisition
- 3 Jan 2016 4:00 AM
- business
The Magyar Broadcasting Co has completed the acquisition of the commercial broadcaster TV2 group and submitted documents on its licence to the registry court, the company said on Sunday. Magyar Broadcasting is owned by Andrew G Vajna, a Hollywood producer and businessman who is also the government’s film industry commissioner, and also serves as the company’s managing director.
Hungarian State Owned MKB Objects To Media Reports
- 28 Dec 2015 9:00 AM
- business
State-owned MKB bank issued an announcement on Wednesday warning media outlets not to disclose bank secrets. Following EU approval on December 16 of the bank’s consolidation plan, MKB leaders have decided “to focus significantly greater attention on action against those in breach of banking confidentiality to comply with the letter and the spirit of the law,” the bank said.
Xpat Opinion: Government Cancels Its Telekom Contracts
- 21 Dec 2015 8:00 AM
- business
Left-wing commentators are outraged by the government’s decision to order ministries to terminate their mobile internet subscriptions with Telekom Hungary after the mainly German owned IT and telecommunication company scrapped its sponsorship contract with a singer whose statements on women “conflicted with the company’s values.”
China Railway Group Wins $1.6 Bln Hungarian High-Speed Rail Contract
- 30 Nov 2015 8:00 AM
- business
The Hungarian government awarded a $1.57 billion contract to a consortium led by China Railway Group (CRG) to build the Hungarian section of a rail line linking Budapest with Belgrade, Serbia, in Chinaʼs first high-speed rail win in the European Union, Reuters reported.
Xpat Opinion: Government Plans Zero Budget Deficit
- 22 Feb 2016 8:00 AM
- business
Centrist, conservative and pro-government columnists welcome the government’s plans to cut the deficit to zero by 2017 and thus reduce public debt.
EC Clears Mark For Operation
- 11 Feb 2016 8:00 AM
- business
The European Commission has authorised the operation of the Hungarian Reorganisation and Receivables Management Company (MARK), established by the National Bank of Hungary (NBH) last November to buy bad commercial real estate loans and properties from banks, the central bank said.
Regulator Lets Investors Doublecheck Account Balances
- 5 Feb 2016 8:00 AM
- business
Clients of investment companies doing business in Hungary are now able to check their securities and equities account statements against data compiled by the market regulator, the National Bank of Hungary’s deputy governor in charge of oversight told journalists.
Hungary’s Central Bank Keeps Key Rate On Hold
- 27 Jan 2016 8:00 AM
- business
Hungarian rate setters kept the base rate on hold at 1.35% on Tuesday. The decision was in line with the expectations of analysts. The Monetary Council has kept the base rate on hold since signalling an end to an easing cycle at a policy meeting in July 2015. In a statement released shortly after the rate-setting meeting the Council said the annual inflation rate increased, while core inflation ...
Brokers Pocket HUF 74 Billion Selling Hungarian Settlement Bonds
- 21 Jan 2016 10:35 AM
- business
1145 foreigners were granted residency permits in Hungary in 2015 after purchasing settlement bonds. Magyar Nemzet reports that offshore companies brokering the sale of the bonds have made between HUF 74 billion (USD 255 million) and HUF 95 billion (USD 328 million) since the program was launched three years ago.
Vajna’s Magyar Broadcasting Completes TV2 Acquisition
- 3 Jan 2016 4:00 AM
- business
The Magyar Broadcasting Co has completed the acquisition of the commercial broadcaster TV2 group and submitted documents on its licence to the registry court, the company said on Sunday. Magyar Broadcasting is owned by Andrew G Vajna, a Hollywood producer and businessman who is also the government’s film industry commissioner, and also serves as the company’s managing director.
Hungarian State Owned MKB Objects To Media Reports
- 28 Dec 2015 9:00 AM
- business
State-owned MKB bank issued an announcement on Wednesday warning media outlets not to disclose bank secrets. Following EU approval on December 16 of the bank’s consolidation plan, MKB leaders have decided “to focus significantly greater attention on action against those in breach of banking confidentiality to comply with the letter and the spirit of the law,” the bank said.
Xpat Opinion: Government Cancels Its Telekom Contracts
- 21 Dec 2015 8:00 AM
- business
Left-wing commentators are outraged by the government’s decision to order ministries to terminate their mobile internet subscriptions with Telekom Hungary after the mainly German owned IT and telecommunication company scrapped its sponsorship contract with a singer whose statements on women “conflicted with the company’s values.”
China Railway Group Wins $1.6 Bln Hungarian High-Speed Rail Contract
- 30 Nov 2015 8:00 AM
- business
The Hungarian government awarded a $1.57 billion contract to a consortium led by China Railway Group (CRG) to build the Hungarian section of a rail line linking Budapest with Belgrade, Serbia, in Chinaʼs first high-speed rail win in the European Union, Reuters reported.