169 result(s) for european commission in Business
Xpat Opinion: Brussels Suspends Social Infrastructure Fund Payments
- 30 Mar 2016 9:00 AM
- business
As the European Commission decides to withhold structural funds, a left-wing commentator fears that Hungarian taxpayers will have to pay billions of Forints if the projects are rejected by the EU.
Varga: EC Avows Hungary Economic Progress In Country Report
- 10 Mar 2016 8:00 AM
- business
The European Commission’s recent country report provides a more realistic picture of Hungary compared with previous reports as it acknowledges economic achievements due to government reform measures, the economy minister said.
Analysts: Moody’s Likely To Upgrade Hungary Later
- 4 Mar 2016 8:00 AM
- business
Moody’s could raise Hungary’s sovereign rating to investment grade on Friday, but chances are better the ratings agency will wait till later this year for an upgrade, analysts told MTI. Moody’s is scheduled to make an announcement on a review of Hungary’s “Ba1” sovereign rating, which is one notch under investment grade, after 10pm on Friday, local time.
EC Clears Mark For Operation
- 11 Feb 2016 8:00 AM
- business
The European Commission has authorised the operation of the Hungarian Reorganisation and Receivables Management Company (MARK), established by the National Bank of Hungary (NBH) last November to buy bad commercial real estate loans and properties from banks, the central bank said.
MasterCard Weighs Appeal Of Hungarian Competition Office Resolution
- 3 Feb 2016 8:00 AM
- business
MasterCard said it disagrees with a Competition Office (GVH) resolution and fine for abusing its market position, and it is considering appealing it. GVH fined MasterCard Europe SA 88 million forints (EUR 282,000), saying MasterCard set its interchange fees - a fee typically paid by the retailer’s bank to the cardholder’s bank every time a bank or credit card is used - in a way that could squeeze ...
Hungarian Competition Authority Fines MasterCard HUF 88 mln
- 3 Feb 2016 8:00 AM
- business
The Hungarian Competition Authority (GVH) fined MasterCard Europe SA HUF 88 million on charges of abusing its market position, Hungarian news agency MTI reported.
EC Approves Audi Subsidy In Hungary
- 2 Feb 2016 8:00 AM
- business
A €133.3 million state subsidy given by Hungary to the expansion of the Audi car factory in Gyõr was in line with EU regulations, the European Commission said on Monday after completing a detailed examination. The €1.2 billion project creating 2,100 jobs made a significant contribution to the development of a disadvantaged region, the Commission said.
Brokers Pocket HUF 74 Billion Selling Hungarian Settlement Bonds
- 21 Jan 2016 10:35 AM
- business
1145 foreigners were granted residency permits in Hungary in 2015 after purchasing settlement bonds. Magyar Nemzet reports that offshore companies brokering the sale of the bonds have made between HUF 74 billion (USD 255 million) and HUF 95 billion (USD 328 million) since the program was launched three years ago.
Hungarian Govt Proposes Reduced Banking Tax From Jan 1
- 12 Dec 2015 8:00 AM
- business
The government has proposed lowering the banking tax as of January 2016 from 0.31% to 0.24%, the economy ministry said. The reduction was proposed based on informal signals from the European Commission and an agreement with the European Bank for Reconstruction and Development (EBRD), the ministry said. The tax’s lower bracket would remain the same, 0.15% up to 50 billion forints.
Xpat Opinion: Brussels Suspends Social Infrastructure Fund Payments
- 30 Mar 2016 9:00 AM
- business
As the European Commission decides to withhold structural funds, a left-wing commentator fears that Hungarian taxpayers will have to pay billions of Forints if the projects are rejected by the EU.
Varga: EC Avows Hungary Economic Progress In Country Report
- 10 Mar 2016 8:00 AM
- business
The European Commission’s recent country report provides a more realistic picture of Hungary compared with previous reports as it acknowledges economic achievements due to government reform measures, the economy minister said.
Analysts: Moody’s Likely To Upgrade Hungary Later
- 4 Mar 2016 8:00 AM
- business
Moody’s could raise Hungary’s sovereign rating to investment grade on Friday, but chances are better the ratings agency will wait till later this year for an upgrade, analysts told MTI. Moody’s is scheduled to make an announcement on a review of Hungary’s “Ba1” sovereign rating, which is one notch under investment grade, after 10pm on Friday, local time.
EC Clears Mark For Operation
- 11 Feb 2016 8:00 AM
- business
The European Commission has authorised the operation of the Hungarian Reorganisation and Receivables Management Company (MARK), established by the National Bank of Hungary (NBH) last November to buy bad commercial real estate loans and properties from banks, the central bank said.
MasterCard Weighs Appeal Of Hungarian Competition Office Resolution
- 3 Feb 2016 8:00 AM
- business
MasterCard said it disagrees with a Competition Office (GVH) resolution and fine for abusing its market position, and it is considering appealing it. GVH fined MasterCard Europe SA 88 million forints (EUR 282,000), saying MasterCard set its interchange fees - a fee typically paid by the retailer’s bank to the cardholder’s bank every time a bank or credit card is used - in a way that could squeeze ...
Hungarian Competition Authority Fines MasterCard HUF 88 mln
- 3 Feb 2016 8:00 AM
- business
The Hungarian Competition Authority (GVH) fined MasterCard Europe SA HUF 88 million on charges of abusing its market position, Hungarian news agency MTI reported.
EC Approves Audi Subsidy In Hungary
- 2 Feb 2016 8:00 AM
- business
A €133.3 million state subsidy given by Hungary to the expansion of the Audi car factory in Gyõr was in line with EU regulations, the European Commission said on Monday after completing a detailed examination. The €1.2 billion project creating 2,100 jobs made a significant contribution to the development of a disadvantaged region, the Commission said.
Brokers Pocket HUF 74 Billion Selling Hungarian Settlement Bonds
- 21 Jan 2016 10:35 AM
- business
1145 foreigners were granted residency permits in Hungary in 2015 after purchasing settlement bonds. Magyar Nemzet reports that offshore companies brokering the sale of the bonds have made between HUF 74 billion (USD 255 million) and HUF 95 billion (USD 328 million) since the program was launched three years ago.
Hungarian Govt Proposes Reduced Banking Tax From Jan 1
- 12 Dec 2015 8:00 AM
- business
The government has proposed lowering the banking tax as of January 2016 from 0.31% to 0.24%, the economy ministry said. The reduction was proposed based on informal signals from the European Commission and an agreement with the European Bank for Reconstruction and Development (EBRD), the ministry said. The tax’s lower bracket would remain the same, 0.15% up to 50 billion forints.