209 result(s) for statement in Business
Austria’s Raiffeisen Bank Not Planning To Leave Hungary
- 25 Aug 2014 9:00 AM
- business
Austria’s Raiffeisen Bank International (RBI) may leave Ukraine and Hungary in the future, but there are no specific plans to sell either one of these businesses at the moment, although both are under constant review, RBI’s CEO Karl Sevelda told news agencies, commenting on the group’s results published on Thursday.
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.
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.
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.
Hungarian Banks File First Reports Challenging Unfairness Of Unilateral Loan Amendment
- 18 Aug 2014 9:00 AM
- business
The Budapest Capital Regional Court has received the first files for legal remedy from banks about the unfairness of unilateral amendment of forex loan contracts, the court’s press department said on Friday.
Massive Tax Avoidance Recorded By Tax Office In Downtown Budapest
- 14 Aug 2014 9:00 AM
- business
Almost two-thirds of restaurants have made some kind of infraction against tax rules while 38% failed to give receipts, the tax office (NAV) said.
Foreign Parents To Be Hit By FX Bailout Costs In Hungary, Says Fitch
- 9 Jul 2014 9:00 AM
- business
Foreign owners will need to inject capital into their Hungarian units because of compensation lenders are asked to pay as part of a new law on relief for borrowers, Fitch Ratings said on Tuesday.
Tax On Advertising In Hungary: Party-Group Governance Versus Fidesz Economic Satellite?
- 11 Jun 2014 9:00 AM
- business
The parliament representative of Fidesz presented a non-government bill on levying a tax on media enterprises. The bill echoed with high sounds and apparently, a fault-line was generated within the governing party as well in connection with the bill. Policy Agenda has examined what the leadership of the governing party may want to achieve by this and what alternative solutions may exist.
Hungary Casino Concessions Given To Well-Connected Businessmen
- 16 May 2014 9:00 AM
- business
The Minister for National Economy, Mihaly Varga, announced on Tuesday that it had awarded a concession to operate five casinos in Budapest and Pest county to Las Vegas Casino Kft., a company owned by Hungarian-American film producer Andy Vajna.
Austria’s Raiffeisen Bank Not Planning To Leave Hungary
- 25 Aug 2014 9:00 AM
- business
Austria’s Raiffeisen Bank International (RBI) may leave Ukraine and Hungary in the future, but there are no specific plans to sell either one of these businesses at the moment, although both are under constant review, RBI’s CEO Karl Sevelda told news agencies, commenting on the group’s results published on Thursday.
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.
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.
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.
Hungarian Banks File First Reports Challenging Unfairness Of Unilateral Loan Amendment
- 18 Aug 2014 9:00 AM
- business
The Budapest Capital Regional Court has received the first files for legal remedy from banks about the unfairness of unilateral amendment of forex loan contracts, the court’s press department said on Friday.
Massive Tax Avoidance Recorded By Tax Office In Downtown Budapest
- 14 Aug 2014 9:00 AM
- business
Almost two-thirds of restaurants have made some kind of infraction against tax rules while 38% failed to give receipts, the tax office (NAV) said.
Foreign Parents To Be Hit By FX Bailout Costs In Hungary, Says Fitch
- 9 Jul 2014 9:00 AM
- business
Foreign owners will need to inject capital into their Hungarian units because of compensation lenders are asked to pay as part of a new law on relief for borrowers, Fitch Ratings said on Tuesday.
Tax On Advertising In Hungary: Party-Group Governance Versus Fidesz Economic Satellite?
- 11 Jun 2014 9:00 AM
- business
The parliament representative of Fidesz presented a non-government bill on levying a tax on media enterprises. The bill echoed with high sounds and apparently, a fault-line was generated within the governing party as well in connection with the bill. Policy Agenda has examined what the leadership of the governing party may want to achieve by this and what alternative solutions may exist.
Hungary Casino Concessions Given To Well-Connected Businessmen
- 16 May 2014 9:00 AM
- business
The Minister for National Economy, Mihaly Varga, announced on Tuesday that it had awarded a concession to operate five casinos in Budapest and Pest county to Las Vegas Casino Kft., a company owned by Hungarian-American film producer Andy Vajna.