281 result(s) for cut in Business
Hungary’s Magyar Telekom To Cut Up To 1,700 Jobs
- 24 Jul 2014 4:00 AM
- business
Magyar Telekom on Thursday said it planned to cut up to 1,700 jobs over the next year and a half, under an agreement reached with trade unions. About 40% of the redundancies are expected between October 1, 2014 and March 1, 2015, MTel said.
Templeton Holds 12% Of Hungary's State Debt
- 24 Jul 2014 1:00 AM
- business
Franklin Templeton had nearly $13 billion or Ft 2.945 trillion invested in Hungarian bonds at the end of June, according to the US investment fund’s quarterly report. This amounts to 11.9% of the total budget debt.
RTL Klub CEO: We'll Stay In Hungary And Fight
- 22 Jul 2014 9:00 AM
- business
The following story, by Florence La Bruyère, is from the July 18 print edition of the Budapest Business Journal. "If you are just back from a long trek to Nepal and havent watched the evening news on RTL Klub for a month, be prepared for a shock. Where Hungarys largest commercial channel previously concentrated on crime stories and light news, its evening news is now twice as long as it used to ...
Hungary’s Financial Stability & Predictability Important, Says Szijjártó
- 18 Jul 2014 9:00 AM
- business
To secure financial stability and predictability, the government is committed to the continued reduction of the public debt and to pursuing a strict fiscal policy, a senior government official said today at a forum of the Hungarian European Business Council.
National Bank Of Hungary: Another 10bp Rate-Cut Seen Likely
- 25 Jun 2014 9:00 AM
- business
Rate setters of the (NBH) are all but certain to slash the base rate by another 10 basis points at their next meeting, and the economy’s inflation indicators and external risk environment provides scope for more easing, London-based analysts said ahead of Tuesday’s rate-setting meeting. The expected 10-basis-point cut would bring the rate to 2.3%.
Hungary's Inflation In Negative Territory Again
- 12 Jun 2014 9:00 AM
- business
Consumer prices showed a year-on-year decline for the second straight month in May, down 0.1%, as in April, and 0.2% lower than in the previous month, the Central Statistics Office announced yesterday.
Hungary's MNB Cuts Base Rate To New Record Low
- 28 May 2014 9:00 AM
- business
The MNB’s monetary council met analysts’ expectations yesterday by lowering the base rate from 2.5% to an all-time low of 2.4%. The rate cut was supported by the low inflation of around 0% and the strengthening forint, observed analyst Ákos Horváth of brokerage Equilor.
Hungary’s Central Bank Gov Matolcsy Sees Further Room To Manoeuvre On Rates
- 23 May 2014 9:00 AM
- business
Hungary’s central bank has room to manoeuvre on rates and there is a possibility of further small cuts, central bank governor György Matolcsy said on Thursday. He told a business event in London that the central bank’s monetary easing cycle started from a 7% base rate and it is currently at 2.5%.
Creative Industry Boom In Hungary - Startup Companies Appear At Every Corner
- 23 May 2014 9:00 AM
- business
The successors of Ernő Rubik, creator of the Rubik's Cube, require both creativity and perseverance to succeed, a recent publication on Hungarian creativity in the 21st century reveals. Despite the difficulties, startup companies continue to pop up and flourish, and represent a perceivable factor of the Hungarian economy.
Hungary’s Magyar Telekom To Cut Up To 1,700 Jobs
- 24 Jul 2014 4:00 AM
- business
Magyar Telekom on Thursday said it planned to cut up to 1,700 jobs over the next year and a half, under an agreement reached with trade unions. About 40% of the redundancies are expected between October 1, 2014 and March 1, 2015, MTel said.
Templeton Holds 12% Of Hungary's State Debt
- 24 Jul 2014 1:00 AM
- business
Franklin Templeton had nearly $13 billion or Ft 2.945 trillion invested in Hungarian bonds at the end of June, according to the US investment fund’s quarterly report. This amounts to 11.9% of the total budget debt.
RTL Klub CEO: We'll Stay In Hungary And Fight
- 22 Jul 2014 9:00 AM
- business
The following story, by Florence La Bruyère, is from the July 18 print edition of the Budapest Business Journal. "If you are just back from a long trek to Nepal and havent watched the evening news on RTL Klub for a month, be prepared for a shock. Where Hungarys largest commercial channel previously concentrated on crime stories and light news, its evening news is now twice as long as it used to ...
Hungary’s Financial Stability & Predictability Important, Says Szijjártó
- 18 Jul 2014 9:00 AM
- business
To secure financial stability and predictability, the government is committed to the continued reduction of the public debt and to pursuing a strict fiscal policy, a senior government official said today at a forum of the Hungarian European Business Council.
National Bank Of Hungary: Another 10bp Rate-Cut Seen Likely
- 25 Jun 2014 9:00 AM
- business
Rate setters of the (NBH) are all but certain to slash the base rate by another 10 basis points at their next meeting, and the economy’s inflation indicators and external risk environment provides scope for more easing, London-based analysts said ahead of Tuesday’s rate-setting meeting. The expected 10-basis-point cut would bring the rate to 2.3%.
Hungary's Inflation In Negative Territory Again
- 12 Jun 2014 9:00 AM
- business
Consumer prices showed a year-on-year decline for the second straight month in May, down 0.1%, as in April, and 0.2% lower than in the previous month, the Central Statistics Office announced yesterday.
Hungary's MNB Cuts Base Rate To New Record Low
- 28 May 2014 9:00 AM
- business
The MNB’s monetary council met analysts’ expectations yesterday by lowering the base rate from 2.5% to an all-time low of 2.4%. The rate cut was supported by the low inflation of around 0% and the strengthening forint, observed analyst Ákos Horváth of brokerage Equilor.
Hungary’s Central Bank Gov Matolcsy Sees Further Room To Manoeuvre On Rates
- 23 May 2014 9:00 AM
- business
Hungary’s central bank has room to manoeuvre on rates and there is a possibility of further small cuts, central bank governor György Matolcsy said on Thursday. He told a business event in London that the central bank’s monetary easing cycle started from a 7% base rate and it is currently at 2.5%.
Creative Industry Boom In Hungary - Startup Companies Appear At Every Corner
- 23 May 2014 9:00 AM
- business
The successors of Ernő Rubik, creator of the Rubik's Cube, require both creativity and perseverance to succeed, a recent publication on Hungarian creativity in the 21st century reveals. Despite the difficulties, startup companies continue to pop up and flourish, and represent a perceivable factor of the Hungarian economy.