181 result(s) for prime minister viktor orbán in Business
Hungary's PM Orbán Says Bank Tax Won’t Cause Harm
- 19 Oct 2012 9:04 AM
- business
The cabinet’s decision not to cut the bank tax in half next year as promised will not harm the Hungarian economy, Prime Minister Viktor Orbán said Thursday. Speaking to Bloomberg news in Bucharest, he said banks have already stopped lending and a deleveraging process is underway. The tax on banks will have no effect on economic activity, he added.
Cabinet To Create Financial Ombudsman In Hungary
- 5 Oct 2012 9:00 AM
- business
The cabinet will establish an Office for Financial Rights Ombudsman, the Public Administration Ministry announced on Thursday, following an initiative by Prime Minister Viktor Orbán. The office will help protect consumers financially and influence banks and credit institutes by making recommendations, launching inquiries to protect rights, and by advising.
Opel’s 500 Million Euro Factory Expansion In Szentgotthárd, Hungary
- 21 Sep 2012 9:00 AM
- business
Prime Minister Viktor Orbán and Deputy Chairman of Opel’s Management Board Thomas Sedran, inaugurated a new 500 million euro flexible engine factory at Opel’s plant in Szentgotthárd.
Xpat Opinion: An Argument In Favour Of The PM’s Idea Of Placing Half Of The Banks In Hungarian Hands
- 4 Sep 2012 9:00 AM
- business
A pro-government analyst approves the Prime Minister’s idea that at least half of Hungary’s banking sector ought to be in Hungarian hands. Three days after defending Viktor Orbán’s plan to buy back Hungary’s main gas supply chain from its German owner (see BudaPost, August 29), Magyar Nemzet’s Csaba Erdősi elaborates on why he believes it would make sense to have a substantial proportion of the ...
Xpat Opinion: Hungarian Economy Again Officially In Recession, Rival Interpretations
- 16 Aug 2012 12:40 PM
- business
The Central Statistical Office (CSO) published preliminary data on the 2nd quarter main economic indicators on Wednesday. According to their report, the Hungarian economy is now officially in recession, as economic output fell for two consecutive quarters in 2012. The leading left-wing daily claims that worsening economic data may prompt Prime Minister Viktor Orbán to seek tighter control, in ...
Hungary's PM: No Wage Hikes From Loans
- 2 Aug 2012 9:00 AM
- business
The cabinet is open to the cause of higher pay, but firmly maintains that wages may not be raised nor can a social welfare system be built from loans, Prime Minister Viktor Orban said last week after meeting with Liga unions leader Istvan Gasko and Workers Councils president Imre Palkovics.
IMF Satisfied With Amendment Of Central Bank Law In Hungary
- 29 Jun 2012 9:02 AM
- business
According to the information released by the International Monetary Fund, the amendments to the central bank legislation are fully satisfactory, and following their passage by Parliament, negotiations may commence, Mihály Varga, minister without portfolio announced on Wednesday.
China Firm May Cancel Project In Szolnok, Hungary
- 26 Jun 2012 9:00 AM
- business
China’s BBCA Group will probably cancel its plans to build a citric acid factory in Szolnok as Hungary has not fulfilled its duties and has not made its required financial contribution, Napi Gazdaság reports. BBCA is looking for an alternative location, possibly Miskolc or a site in Veszprém county, but possibly also Belgium.
Hungary Central Bank Vote Delay Will Help IMF Talks, Varga Says
- 8 Jun 2012 9:00 AM
- business
Hungary’s delay of a vote on amendments to a disputed central bank law will help resolve differences blocking talks with the International Monetary Fund, said Mihaly Varga, the country’s chief negotiator.
Hungary's PM Orbán Says Bank Tax Won’t Cause Harm
- 19 Oct 2012 9:04 AM
- business
The cabinet’s decision not to cut the bank tax in half next year as promised will not harm the Hungarian economy, Prime Minister Viktor Orbán said Thursday. Speaking to Bloomberg news in Bucharest, he said banks have already stopped lending and a deleveraging process is underway. The tax on banks will have no effect on economic activity, he added.
Cabinet To Create Financial Ombudsman In Hungary
- 5 Oct 2012 9:00 AM
- business
The cabinet will establish an Office for Financial Rights Ombudsman, the Public Administration Ministry announced on Thursday, following an initiative by Prime Minister Viktor Orbán. The office will help protect consumers financially and influence banks and credit institutes by making recommendations, launching inquiries to protect rights, and by advising.
Opel’s 500 Million Euro Factory Expansion In Szentgotthárd, Hungary
- 21 Sep 2012 9:00 AM
- business
Prime Minister Viktor Orbán and Deputy Chairman of Opel’s Management Board Thomas Sedran, inaugurated a new 500 million euro flexible engine factory at Opel’s plant in Szentgotthárd.
Xpat Opinion: An Argument In Favour Of The PM’s Idea Of Placing Half Of The Banks In Hungarian Hands
- 4 Sep 2012 9:00 AM
- business
A pro-government analyst approves the Prime Minister’s idea that at least half of Hungary’s banking sector ought to be in Hungarian hands. Three days after defending Viktor Orbán’s plan to buy back Hungary’s main gas supply chain from its German owner (see BudaPost, August 29), Magyar Nemzet’s Csaba Erdősi elaborates on why he believes it would make sense to have a substantial proportion of the ...
Xpat Opinion: Hungarian Economy Again Officially In Recession, Rival Interpretations
- 16 Aug 2012 12:40 PM
- business
The Central Statistical Office (CSO) published preliminary data on the 2nd quarter main economic indicators on Wednesday. According to their report, the Hungarian economy is now officially in recession, as economic output fell for two consecutive quarters in 2012. The leading left-wing daily claims that worsening economic data may prompt Prime Minister Viktor Orbán to seek tighter control, in ...
Hungary's PM: No Wage Hikes From Loans
- 2 Aug 2012 9:00 AM
- business
The cabinet is open to the cause of higher pay, but firmly maintains that wages may not be raised nor can a social welfare system be built from loans, Prime Minister Viktor Orban said last week after meeting with Liga unions leader Istvan Gasko and Workers Councils president Imre Palkovics.
IMF Satisfied With Amendment Of Central Bank Law In Hungary
- 29 Jun 2012 9:02 AM
- business
According to the information released by the International Monetary Fund, the amendments to the central bank legislation are fully satisfactory, and following their passage by Parliament, negotiations may commence, Mihály Varga, minister without portfolio announced on Wednesday.
China Firm May Cancel Project In Szolnok, Hungary
- 26 Jun 2012 9:00 AM
- business
China’s BBCA Group will probably cancel its plans to build a citric acid factory in Szolnok as Hungary has not fulfilled its duties and has not made its required financial contribution, Napi Gazdaság reports. BBCA is looking for an alternative location, possibly Miskolc or a site in Veszprém county, but possibly also Belgium.
Hungary Central Bank Vote Delay Will Help IMF Talks, Varga Says
- 8 Jun 2012 9:00 AM
- business
Hungary’s delay of a vote on amendments to a disputed central bank law will help resolve differences blocking talks with the International Monetary Fund, said Mihaly Varga, the country’s chief negotiator.