153 result(s) for new commercial bank
Hungary Has “Growing Reputation In Brussels”
- 5 Jun 2015 9:00 AM
- current affairs
The reputation of Hungary’s government in European Union circles is “constantly growing”, Economy Minister Mihály Varga said after talks with a vice president of the European Commission. At a press conference held jointly with Valdis Dombrovskis, commissioner for the euro and social dialogue, Varga said that although there were disputes ongoing between Hungary and the EU, these issues mostly ...
CEO’s More Optimistic In Hungary
- 29 May 2015 9:00 AM
- business
Hungarian executives are optimistic about the next 12 months, and are keeping a vigilant eye on Berlin.
“Sentiment among Hungarian chief executives reflects the global trend; confidence in global growth is waning, while their expectations of their own corporate earnings are slightly more optimistic”, said Nick Kós, CEO of PricewaterhouseCoopers (PwC) Hungary in response to our enquiry.
“Sentiment among Hungarian chief executives reflects the global trend; confidence in global growth is waning, while their expectations of their own corporate earnings are slightly more optimistic”, said Nick Kós, CEO of PricewaterhouseCoopers (PwC) Hungary in response to our enquiry.
Hungary’s Ad Tax Exemption Threshold Still Too High For Brussels
- 19 May 2015 9:00 AM
- business
The European Commission believes the proposed 100 million forints (EUR 325,000) exemption threshold for the advertising tax is still too high. The government is in talks with Brussels on the matter, Economy Minister Mihály Varga told commercial television ATV. The government has proposed making the ad tax rate a flat 5.3%, but allowing an exemption on a tax base up to 100 million forints.
Mihály Varga: High Time For A Credit Rating Upgrade
- 23 Mar 2015 8:00 AM
- business
The country’s situation warrants an upgrade by credit rating agencies, as over the past years Hungary’s current account has posted massive surpluses, general government budget deficit has been below 3 percent for years, economic growth has been picking up and employment shows steady improvement, Minister for National Economy Mihály Varga said at the Hungarian Business Leaders Forum held in ...
No Compensation For Quaestor Clients
- 12 Mar 2015 8:00 AM
- business
The Investor Protection Fund (BEVA) is set to pay out its largest compensation ever, which may exceed its present budget of Ft 12 billion, to clients of collapsed brokerage Buda-Cash, Világgazdaság writes. So far, the largest amount of money paid out to victims of bankrupt brokerages came in 1999, when London Broker went belly-up.
GVH, MNB & NFH Signed Cooperation Agreement
- 4 Mar 2015 8:00 AM
- business
The Hungarian Competition Authority (GVH), the National Bank of Hungary (MNB) and the National Consumer Protection Authority (NFH) have signed a cooperation agreement for the consistent enforcement of the law (Fttv.) on the prohibition of unfair commercial practices against consumers.
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.
Meet Lajos Simicska: Fidesz’s Enigmatic Oligarch
- 12 Feb 2015 8:00 AM
- current affairs
“From the time of its founding Fidesz did not have outside supporters. We wanted to avoid being beholden to domestic and foreign groups, and for this reason had to develop our own sources of income.” – Lajos Simicska, Fidesz economic director, October 1994 “Hungary needs large Hungarian companies in the financial sector, the insurance […]
Total Media War? – Senior Pro-Government Media Figures Resign
- 9 Feb 2015 8:00 AM
- current affairs
Hungarian public discourse was rocked today by news of the resignment of the leaders of Hungary’s major right-wing media outlets “on grounds of moral conscience”. Their joint move is a reaction to the latest episode and culmination of a long-standing spite between Prime Minister Viktor Orbán and his former friend and close associate, businessman Lajos Simicska.
Hungary Has “Growing Reputation In Brussels”
- 5 Jun 2015 9:00 AM
- current affairs
The reputation of Hungary’s government in European Union circles is “constantly growing”, Economy Minister Mihály Varga said after talks with a vice president of the European Commission. At a press conference held jointly with Valdis Dombrovskis, commissioner for the euro and social dialogue, Varga said that although there were disputes ongoing between Hungary and the EU, these issues mostly ...
CEO’s More Optimistic In Hungary
- 29 May 2015 9:00 AM
- business
Hungarian executives are optimistic about the next 12 months, and are keeping a vigilant eye on Berlin.
“Sentiment among Hungarian chief executives reflects the global trend; confidence in global growth is waning, while their expectations of their own corporate earnings are slightly more optimistic”, said Nick Kós, CEO of PricewaterhouseCoopers (PwC) Hungary in response to our enquiry.
“Sentiment among Hungarian chief executives reflects the global trend; confidence in global growth is waning, while their expectations of their own corporate earnings are slightly more optimistic”, said Nick Kós, CEO of PricewaterhouseCoopers (PwC) Hungary in response to our enquiry.
Hungary’s Ad Tax Exemption Threshold Still Too High For Brussels
- 19 May 2015 9:00 AM
- business
The European Commission believes the proposed 100 million forints (EUR 325,000) exemption threshold for the advertising tax is still too high. The government is in talks with Brussels on the matter, Economy Minister Mihály Varga told commercial television ATV. The government has proposed making the ad tax rate a flat 5.3%, but allowing an exemption on a tax base up to 100 million forints.
Mihály Varga: High Time For A Credit Rating Upgrade
- 23 Mar 2015 8:00 AM
- business
The country’s situation warrants an upgrade by credit rating agencies, as over the past years Hungary’s current account has posted massive surpluses, general government budget deficit has been below 3 percent for years, economic growth has been picking up and employment shows steady improvement, Minister for National Economy Mihály Varga said at the Hungarian Business Leaders Forum held in ...
No Compensation For Quaestor Clients
- 12 Mar 2015 8:00 AM
- business
The Investor Protection Fund (BEVA) is set to pay out its largest compensation ever, which may exceed its present budget of Ft 12 billion, to clients of collapsed brokerage Buda-Cash, Világgazdaság writes. So far, the largest amount of money paid out to victims of bankrupt brokerages came in 1999, when London Broker went belly-up.
GVH, MNB & NFH Signed Cooperation Agreement
- 4 Mar 2015 8:00 AM
- business
The Hungarian Competition Authority (GVH), the National Bank of Hungary (MNB) and the National Consumer Protection Authority (NFH) have signed a cooperation agreement for the consistent enforcement of the law (Fttv.) on the prohibition of unfair commercial practices against consumers.
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.
Meet Lajos Simicska: Fidesz’s Enigmatic Oligarch
- 12 Feb 2015 8:00 AM
- current affairs
“From the time of its founding Fidesz did not have outside supporters. We wanted to avoid being beholden to domestic and foreign groups, and for this reason had to develop our own sources of income.” – Lajos Simicska, Fidesz economic director, October 1994 “Hungary needs large Hungarian companies in the financial sector, the insurance […]
Total Media War? – Senior Pro-Government Media Figures Resign
- 9 Feb 2015 8:00 AM
- current affairs
Hungarian public discourse was rocked today by news of the resignment of the leaders of Hungary’s major right-wing media outlets “on grounds of moral conscience”. Their joint move is a reaction to the latest episode and culmination of a long-standing spite between Prime Minister Viktor Orbán and his former friend and close associate, businessman Lajos Simicska.