57 result(s) for spring in Business
Hungary’s PM Budget Draft To Go Before Next Govt Session
- 10 Apr 2015 11:00 AM
- business
The economy ministry’s draft for next year’s state budget will be submitted to the government at its next session, Prime Minister Viktor Orbán told public radio. Orbán said that he expected the budget to be passed by parliament before the end of the spring session, adding that an early budget would increase predictability.
EC Unhappy With Low Tax On Pálinka In Hungary
- 2 Mar 2015 8:00 AM
- business
The European Commission has again launched an infringement procedure regarding Hungary’s excise tax regulation on home-made pálinka. Hungary has not properly complied with the Commission’s ruling of last spring, tax and customs spokeswoman Vanessa Mock told state news agency MTI.
Self Store Budapest Boasts More Than 1,000 Renters
- 26 Jan 2015 8:00 AM
- business
Hungarian self-storage company Self Store Budapest has more than 1,000 customers six years after starting business in the Hungarian capital, and it expects to double this number in five years, managing director Márk Ablonczy said. The company has 15,000 square metres of storage space in three buildings but it will open a self-storage “plaza” in the north of the Hungarian capital with almost ...
Mediaworks – The Giant Media Group Sets Up In Hungary
- 2 Oct 2014 9:01 AM
- business
The Austrian Vienna Capital Partners has set up one of Hungary’s largest media companies under the name of Mediaworks Hungary, the new company’s top officials announced. The VPC set up Mediaworks after approval from the Hungarian Competition Office, purchasing most parts of the portfolios the international media companies Ringier and Axel Springer had operated in Hungary, the officials told a ...
Hungary’s Central Bank Ready To Provide Banks With Foreign Currency
- 8 Sep 2014 9:00 AM
- business
Hungary’s banks will need around 3 billion euros to offset their liabilities in connection with compensation to clients who took out loans in foreign currency, and the central bank is ready to provide forex funding to commercial lenders from its reserves, the bank’s deputy governor said.
EC Report On Hungary’s Economy Confirms Govt Prognosis
- 6 May 2014 9:00 AM
- business
The EC’s spring forecast includes similar figures as the macro-economic prognosis in Hungary’s convergence plan, which shows that the Hungarian government’s projections were reliable and credible, the economy ministry said, commenting on today’s release of the commission’s report on the country’s economy. The EC’s economic growth projections of 2.3% this year and 2.1% next year are identical to ...
MPs To Expand Free Cash Withdrawals In Hungary
- 30 Jan 2014 5:30 AM
- business
Parliament could vote in February on increasing the number of free cash withdrawals from ATMs, Antal Rogán, group leader of the ruling Fidesz party, told TV2. Parliament recently approved legislation allowing two free cash withdrawals a month up to a combined 150,000 forints (EUR 490).
Matolcsy Sees Room For Further Interest Ratecut In Hungary
- 21 Nov 2013 8:00 AM
- business
There is further room to reduce the central bank’s base rate, the governor of the National Bank of Hungary, György Matolcsy, said. The base interest currently stands at a record low of 3.4%. Matolcsy told a conference on the bank’s credit for growth scheme that almost all central banks started unorthodox policies after the 2008 crisis and the Hungarian government also applied such policies from ...
Controversy Between Croatia And Hungarian Oil Group MOL Drags On
- 3 Oct 2013 1:00 AM
- business
It has yet to be seen whether the Hungarian government is ready to drop MOL’s executive chairman in its ongoing standoff with Croatia. It is too early to say if we are witnessing Croatia's efforts to find its feet or is it hardcore payola.
Hungary’s PM Budget Draft To Go Before Next Govt Session
- 10 Apr 2015 11:00 AM
- business
The economy ministry’s draft for next year’s state budget will be submitted to the government at its next session, Prime Minister Viktor Orbán told public radio. Orbán said that he expected the budget to be passed by parliament before the end of the spring session, adding that an early budget would increase predictability.
EC Unhappy With Low Tax On Pálinka In Hungary
- 2 Mar 2015 8:00 AM
- business
The European Commission has again launched an infringement procedure regarding Hungary’s excise tax regulation on home-made pálinka. Hungary has not properly complied with the Commission’s ruling of last spring, tax and customs spokeswoman Vanessa Mock told state news agency MTI.
Self Store Budapest Boasts More Than 1,000 Renters
- 26 Jan 2015 8:00 AM
- business
Hungarian self-storage company Self Store Budapest has more than 1,000 customers six years after starting business in the Hungarian capital, and it expects to double this number in five years, managing director Márk Ablonczy said. The company has 15,000 square metres of storage space in three buildings but it will open a self-storage “plaza” in the north of the Hungarian capital with almost ...
Mediaworks – The Giant Media Group Sets Up In Hungary
- 2 Oct 2014 9:01 AM
- business
The Austrian Vienna Capital Partners has set up one of Hungary’s largest media companies under the name of Mediaworks Hungary, the new company’s top officials announced. The VPC set up Mediaworks after approval from the Hungarian Competition Office, purchasing most parts of the portfolios the international media companies Ringier and Axel Springer had operated in Hungary, the officials told a ...
Hungary’s Central Bank Ready To Provide Banks With Foreign Currency
- 8 Sep 2014 9:00 AM
- business
Hungary’s banks will need around 3 billion euros to offset their liabilities in connection with compensation to clients who took out loans in foreign currency, and the central bank is ready to provide forex funding to commercial lenders from its reserves, the bank’s deputy governor said.
EC Report On Hungary’s Economy Confirms Govt Prognosis
- 6 May 2014 9:00 AM
- business
The EC’s spring forecast includes similar figures as the macro-economic prognosis in Hungary’s convergence plan, which shows that the Hungarian government’s projections were reliable and credible, the economy ministry said, commenting on today’s release of the commission’s report on the country’s economy. The EC’s economic growth projections of 2.3% this year and 2.1% next year are identical to ...
MPs To Expand Free Cash Withdrawals In Hungary
- 30 Jan 2014 5:30 AM
- business
Parliament could vote in February on increasing the number of free cash withdrawals from ATMs, Antal Rogán, group leader of the ruling Fidesz party, told TV2. Parliament recently approved legislation allowing two free cash withdrawals a month up to a combined 150,000 forints (EUR 490).
Matolcsy Sees Room For Further Interest Ratecut In Hungary
- 21 Nov 2013 8:00 AM
- business
There is further room to reduce the central bank’s base rate, the governor of the National Bank of Hungary, György Matolcsy, said. The base interest currently stands at a record low of 3.4%. Matolcsy told a conference on the bank’s credit for growth scheme that almost all central banks started unorthodox policies after the 2008 crisis and the Hungarian government also applied such policies from ...
Controversy Between Croatia And Hungarian Oil Group MOL Drags On
- 3 Oct 2013 1:00 AM
- business
It has yet to be seen whether the Hungarian government is ready to drop MOL’s executive chairman in its ongoing standoff with Croatia. It is too early to say if we are witnessing Croatia's efforts to find its feet or is it hardcore payola.