91 result(s) for stress in Business
Xetra To Go Live In Hungary In 2013
- 12 Jul 2012 9:00 AM
- business
The surge in Hungary’s capital market at the beginning of 2012 was only temporary and maybe a little too euphoric. Only when the domestic macroeconomic issues are sorted out will the market see a more lasting upturn, market analysts say.
Another Automobile Industry Project In Hungary, This Time In Veszprém
- 10 Jul 2012 9:00 AM
- business
Continental Automotive Hungary will create 150 new jobs in the town of Veszprém. The company has extended its manufacturing floor space by virtue of a project worth HUF 2.8 billion which was inaugurated on Friday. The Government supported the job-creating project with HUF 512 million from the resources of the New Széchenyi Plan. The event was attended by Deputy Prime Minister, Minister of Public ...
Hungarian PM Orban Stands By 98% Severance Pay Tax
- 9 May 2012 9:00 AM
- business
Prime Minister Viktor Orban supports keeping the 98% tax imposed on public-sector severance payments, he announced after a governing caucus meeting. In the new Szell Kalman plan, the government envisaged abolishing this tax. “I surrendered to the argument of the caucus. They said it is too early to withdraw this tax,” Orban told reporters at a joint press briefing with Economy Minister Gyorgy ...
Hungarian Regional Development Ministry To Outlaw “Pocket Contracts”
- 23 Apr 2012 9:00 AM
- business
The signing of “pocket contracts” – illegal agreements to circumvent the ban on the sale of land to foreigners – will be classified as a crime, Regional Development Ministry state secretary Gyula Budai said in an interview with Magyar Hírlap at the weekend. Most such contracts have been signed in western Hungary over the past 20 years, often disguised as rental agreements.
EU Threatens To Withhold Funds From Hungary Over Budget Indiscipline
- 28 Feb 2012 8:00 AM
- business
"The European Commission (EC) yesterday proposed to withhold the transfer of some €495 million of cohesion funds to Hungary from 2013, if the government does not demonstrate the capacity to keep the budget deficit below 3% of GDP in a sustainable manner, EU Finance Commissioner Olli Rehn and Regions Commissioner Johannes Hahn announced last week.
How To Sell Hungary To Your Headquarters
- 3 Jan 2012 8:00 AM
- business
"Country marketing, work morale, the education system and bureaucracy are the main areas where Hungary needs improvement in order to increase its attractiveness as an investment target, according to the participants of a workshop organized by the American Chamber of Commerce and the Ministry of Public Administration and Justice.
Suzuki Hungary Recalls 125,000 Swift Models
- 30 Dec 2010 8:14 AM
- business
"Suzuki Magyarország is recalling 125,000 Swift cars manufactured at its Hungarian production base in Esztergom in 1997-2002, due to corrosion of the front shock absorbers, which could lead to further problems, state news agency MTI reports.
Hungary B.Bank Chief Simor Says New IMF Deal Would Be Beneficial
- 2 Aug 2010 1:03 AM
- business
"András Simor, Governor of Hungary’s central bank (NBH), believes that while the country at the moment is fully financing itself from the markets, a new agreement with the International Monetary Fund would be beneficial as a safety net in case global markets were to deteriorate.
Hungary's OTP Passes EU Stress Test
- 26 Jul 2010 2:00 AM
- business
"OTP was found to be Europe’s second most sound bank in stress tests conducted by the European banking supervisory CEBS, it was announced on Friday. Spain’s Banca March topped the list of 91 banks examined for their ability to survive a new credit crisis.
Xetra To Go Live In Hungary In 2013
- 12 Jul 2012 9:00 AM
- business
The surge in Hungary’s capital market at the beginning of 2012 was only temporary and maybe a little too euphoric. Only when the domestic macroeconomic issues are sorted out will the market see a more lasting upturn, market analysts say.
Another Automobile Industry Project In Hungary, This Time In Veszprém
- 10 Jul 2012 9:00 AM
- business
Continental Automotive Hungary will create 150 new jobs in the town of Veszprém. The company has extended its manufacturing floor space by virtue of a project worth HUF 2.8 billion which was inaugurated on Friday. The Government supported the job-creating project with HUF 512 million from the resources of the New Széchenyi Plan. The event was attended by Deputy Prime Minister, Minister of Public ...
Hungarian PM Orban Stands By 98% Severance Pay Tax
- 9 May 2012 9:00 AM
- business
Prime Minister Viktor Orban supports keeping the 98% tax imposed on public-sector severance payments, he announced after a governing caucus meeting. In the new Szell Kalman plan, the government envisaged abolishing this tax. “I surrendered to the argument of the caucus. They said it is too early to withdraw this tax,” Orban told reporters at a joint press briefing with Economy Minister Gyorgy ...
Hungarian Regional Development Ministry To Outlaw “Pocket Contracts”
- 23 Apr 2012 9:00 AM
- business
The signing of “pocket contracts” – illegal agreements to circumvent the ban on the sale of land to foreigners – will be classified as a crime, Regional Development Ministry state secretary Gyula Budai said in an interview with Magyar Hírlap at the weekend. Most such contracts have been signed in western Hungary over the past 20 years, often disguised as rental agreements.
EU Threatens To Withhold Funds From Hungary Over Budget Indiscipline
- 28 Feb 2012 8:00 AM
- business
"The European Commission (EC) yesterday proposed to withhold the transfer of some €495 million of cohesion funds to Hungary from 2013, if the government does not demonstrate the capacity to keep the budget deficit below 3% of GDP in a sustainable manner, EU Finance Commissioner Olli Rehn and Regions Commissioner Johannes Hahn announced last week.
How To Sell Hungary To Your Headquarters
- 3 Jan 2012 8:00 AM
- business
"Country marketing, work morale, the education system and bureaucracy are the main areas where Hungary needs improvement in order to increase its attractiveness as an investment target, according to the participants of a workshop organized by the American Chamber of Commerce and the Ministry of Public Administration and Justice.
Suzuki Hungary Recalls 125,000 Swift Models
- 30 Dec 2010 8:14 AM
- business
"Suzuki Magyarország is recalling 125,000 Swift cars manufactured at its Hungarian production base in Esztergom in 1997-2002, due to corrosion of the front shock absorbers, which could lead to further problems, state news agency MTI reports.
Hungary B.Bank Chief Simor Says New IMF Deal Would Be Beneficial
- 2 Aug 2010 1:03 AM
- business
"András Simor, Governor of Hungary’s central bank (NBH), believes that while the country at the moment is fully financing itself from the markets, a new agreement with the International Monetary Fund would be beneficial as a safety net in case global markets were to deteriorate.
Hungary's OTP Passes EU Stress Test
- 26 Jul 2010 2:00 AM
- business
"OTP was found to be Europe’s second most sound bank in stress tests conducted by the European banking supervisory CEBS, it was announced on Friday. Spain’s Banca March topped the list of 91 banks examined for their ability to survive a new credit crisis.