209 result(s) for statement in Business
Hungarian NGOs Welcome End Of Tax Probe Over Norway Grants
- 21 Oct 2015 9:00 AM
- business
Ökotárs has said that it welcomes the cessation of a probe by Hungary’s tax office (NAV) into the operations of the foundation and 17 other NGOs in connection with funding they received from the Norway Civil Grant. It has become clear that Ökotárs and the other organisations acted legally and their documentation was in order while they complied with supervision requirements, the foundation told ...
Hungary’s Central Bank Keeps Base Rate On Hold At 1.35%, As Expected
- 26 Aug 2015 9:00 AM
- business
Hungarian rate-setters on Tuesday kept the central bank’s key rate on hold at 1.35%, as expected. The decision was widely expected, after the rate-setters clearly signalled an end to an easing cycle at the previous monthly policy meeting. Central bank governor György Matolcsy said at the time that the earlier series of 15 basis point cuts carried out for five consecutive months would soon come to ...
National Bank Of Hungary’s Cuts Base Rate 15BP
- 22 Jul 2015 9:00 AM
- business
The National Bank of Hungary’s Monetary Council decided at a policy meeting on Tuesday to lower the central bank’s key rate by 15 basis points to 1.35%, maintaining the pace of its easing cycle. The rate-setters made a 15 basis point cut for the fifth month in a row.
Budapest Among World’s Top Conference Locations
- 15 May 2015 9:00 AM
- business
Hungary has progressed to 31th position, while Budapest has held onto its 17th place on the latest world rankings issued by the International Congress and Convention Association (ICCA), which lists the number of international events complying with the organisation’s criteria, the Hungarian Tourism Agency told the state news agency MTI on Thursday.
Ad Tax Changes Would Hurt Hungarian Consumer Goods Market
- 12 May 2015 9:00 AM
- business
Retailers could be seriously hurt by changes to the advertisement tax, especially in the consumer goods segment, the National Association of Retailers (OKSZ) reported. The consumer goods market is extremely price sensitive and both retailers and suppliers have a vested interest in curbing price rises, the OKSZ said in a statement.
Standard & Poor’s Upgrades Hungary’s Junk Credit Rating
- 23 Mar 2015 8:00 AM
- business
Hungary’s junk credit rating has been upgraded by Standard & Poor’s, which cited the country’s improving growth outlook and its better preparedness to handle unexpected crises. Hungary had lost its investment grade credit rating as far back as 2011. S&P said in a statement Friday that it was raising Hungary’s rating from BB to BB+, one step below investment grade, bringing its assessment in line ...
State Audit Office Finds Problems At Tax Authority
- 12 Mar 2015 8:00 AM
- business
The State Audit Office (ÁSZ) has found discrepancies at the National Tax and Customs Office (NAV) during a recent screening, ÁSZ told MTI. The shortcomings identified were under the headings of internal regulations, up-to-date management tools, risk management and the paper trail system in audits, ÁSZ said in a statement.
Hungary, Luxembourg Sign Agreement To Avoid Double Taxation
- 11 Mar 2015 8:00 AM
- business
Representatives of the governments of Hungary and Luxembourg signed an agreement to eliminate double taxation on the sidelines of a meeting of EU finance ministers, the economy ministry said. The new agreement, signed by Economy Minister Mihály Varga and counterpart Pierre Gramegna, replaces an earlier one signed in 1990.
Investigation On Suspicion Of Embezzlement In Buda-Cash Case In Hungary
- 2 Mar 2015 8:00 AM
- business
An investigation of an unknown perpetrator suspected of embezzling funds has been launched in the case of Buda-Cash, a lawyer for the brokerage’s chief executive said on commercial television.
Hungarian NGOs Welcome End Of Tax Probe Over Norway Grants
- 21 Oct 2015 9:00 AM
- business
Ökotárs has said that it welcomes the cessation of a probe by Hungary’s tax office (NAV) into the operations of the foundation and 17 other NGOs in connection with funding they received from the Norway Civil Grant. It has become clear that Ökotárs and the other organisations acted legally and their documentation was in order while they complied with supervision requirements, the foundation told ...
Hungary’s Central Bank Keeps Base Rate On Hold At 1.35%, As Expected
- 26 Aug 2015 9:00 AM
- business
Hungarian rate-setters on Tuesday kept the central bank’s key rate on hold at 1.35%, as expected. The decision was widely expected, after the rate-setters clearly signalled an end to an easing cycle at the previous monthly policy meeting. Central bank governor György Matolcsy said at the time that the earlier series of 15 basis point cuts carried out for five consecutive months would soon come to ...
National Bank Of Hungary’s Cuts Base Rate 15BP
- 22 Jul 2015 9:00 AM
- business
The National Bank of Hungary’s Monetary Council decided at a policy meeting on Tuesday to lower the central bank’s key rate by 15 basis points to 1.35%, maintaining the pace of its easing cycle. The rate-setters made a 15 basis point cut for the fifth month in a row.
Budapest Among World’s Top Conference Locations
- 15 May 2015 9:00 AM
- business
Hungary has progressed to 31th position, while Budapest has held onto its 17th place on the latest world rankings issued by the International Congress and Convention Association (ICCA), which lists the number of international events complying with the organisation’s criteria, the Hungarian Tourism Agency told the state news agency MTI on Thursday.
Ad Tax Changes Would Hurt Hungarian Consumer Goods Market
- 12 May 2015 9:00 AM
- business
Retailers could be seriously hurt by changes to the advertisement tax, especially in the consumer goods segment, the National Association of Retailers (OKSZ) reported. The consumer goods market is extremely price sensitive and both retailers and suppliers have a vested interest in curbing price rises, the OKSZ said in a statement.
Standard & Poor’s Upgrades Hungary’s Junk Credit Rating
- 23 Mar 2015 8:00 AM
- business
Hungary’s junk credit rating has been upgraded by Standard & Poor’s, which cited the country’s improving growth outlook and its better preparedness to handle unexpected crises. Hungary had lost its investment grade credit rating as far back as 2011. S&P said in a statement Friday that it was raising Hungary’s rating from BB to BB+, one step below investment grade, bringing its assessment in line ...
State Audit Office Finds Problems At Tax Authority
- 12 Mar 2015 8:00 AM
- business
The State Audit Office (ÁSZ) has found discrepancies at the National Tax and Customs Office (NAV) during a recent screening, ÁSZ told MTI. The shortcomings identified were under the headings of internal regulations, up-to-date management tools, risk management and the paper trail system in audits, ÁSZ said in a statement.
Hungary, Luxembourg Sign Agreement To Avoid Double Taxation
- 11 Mar 2015 8:00 AM
- business
Representatives of the governments of Hungary and Luxembourg signed an agreement to eliminate double taxation on the sidelines of a meeting of EU finance ministers, the economy ministry said. The new agreement, signed by Economy Minister Mihály Varga and counterpart Pierre Gramegna, replaces an earlier one signed in 1990.
Investigation On Suspicion Of Embezzlement In Buda-Cash Case In Hungary
- 2 Mar 2015 8:00 AM
- business
An investigation of an unknown perpetrator suspected of embezzling funds has been launched in the case of Buda-Cash, a lawyer for the brokerage’s chief executive said on commercial television.