17 result(s) for scrap in Business
Hungary Commissions Impact Studies For EU - US Free Trade Talks
- 6 Mar 2015 8:00 AM
- business
Hungary’s National Sustainable Development Council will commission economic and legal impact studies in connection with the EU-US free trade talks, parliament’s speaker László Kövér said. The Council is expected to formulate its own position on the free trade talks based on these expert studies by the autumn and will be prepared in collaboration with Kopint-Tárki research institute and a group of ...
Swiss Central Bank Move Sends Hungarian Forint Tumbling
- 16 Jan 2015 8:00 AM
- business
The forint sank to new all-time lows against the euro and the Swiss franc yesterday after Switzerland’s central bank stunned markets by scrapping the ceiling on its currency, in place since 2011. The Swiss franc surged to 0.85 per euro from 1.20, a 40% gain, before stabilising at parity with the euro.
Hungarian Forint Plunges Against Swiss Franc
- 15 Jan 2015 5:04 AM
- business
The forint plunged against the Swiss franc on Thursday morning after the Swiss National Bank said it was discontinuing its minimum exchange rate of 1.20 francs to the euro. The forint traded at 310.34 to the Swiss franc around 11 in the morning from 265.51 about an hour earlier.
Hungarian Govt Plan To Scrap Jobless Benefits “Inhumane, Unfair”
- 18 Nov 2014 8:00 AM
- business
The government’s plan to scrap unemployment benefits in 2018 while placing the jobless into fostered job schemes is both inhumane and unfair, the opposition Democratic Coalition (DK) said.
Hungary’s Finance Minister Varga: Bank Tax May Be Redesigned
- 8 Jul 2014 9:00 AM
- business
The government is mulling a rethink of Hungary’s sectoral tax on banks, Mihály Varga, the economy minister, told public broadcaster Kossuth Rádió. “I don’t exclude the possibility of revising or rethinking the banking tax, since banks are going to be assuming a heavy burden to compensate clients, but now is not the time for this.”
Xpat Opinion: The Hungarian Economy As Reflected In The World Bank’s 2012 GNI Per Capita Figures
- 9 Jul 2013 5:00 AM
- business
Each year on July 1 the World Bank revises its classification of the world’s economies based on estimates of gross national income (GNI) per capita for the previous year. The current income classifications by GNI per capita are as follows: low income = $1,035 or less; lower middle income = $1,036 to $4,085; upper middle income = $4,086 to $12,615; and high income = $12,616 or more.
German Investor Says No To 440MW Hungarian Capacity Expansion
- 4 Nov 2010 12:00 AM
- business
German investor RWE has allegedly scrapped plans to expand the capacity of its lignite-based (brown coal, that is high in water content) power generating unit Matrai Eromu, the company said.
Hungary To Overshoot C.Bank Inflation Goal In 2010
- 10 Mar 2010 2:00 AM
- business
"The surprise jump in Hungary’s inflation to 6.4% in January has made a deep impression on analysts and, as a consequence, they now project the country’s inflation path to be considerably higher in 2010 than before. The market presently sees it unlikely that the headline CPI figure will drop to below the central bank’s medium-term goal (3.0% +/- 1ppt) this year.
Hungary Commissions Impact Studies For EU - US Free Trade Talks
- 6 Mar 2015 8:00 AM
- business
Hungary’s National Sustainable Development Council will commission economic and legal impact studies in connection with the EU-US free trade talks, parliament’s speaker László Kövér said. The Council is expected to formulate its own position on the free trade talks based on these expert studies by the autumn and will be prepared in collaboration with Kopint-Tárki research institute and a group of ...
Swiss Central Bank Move Sends Hungarian Forint Tumbling
- 16 Jan 2015 8:00 AM
- business
The forint sank to new all-time lows against the euro and the Swiss franc yesterday after Switzerland’s central bank stunned markets by scrapping the ceiling on its currency, in place since 2011. The Swiss franc surged to 0.85 per euro from 1.20, a 40% gain, before stabilising at parity with the euro.
Hungarian Forint Plunges Against Swiss Franc
- 15 Jan 2015 5:04 AM
- business
The forint plunged against the Swiss franc on Thursday morning after the Swiss National Bank said it was discontinuing its minimum exchange rate of 1.20 francs to the euro. The forint traded at 310.34 to the Swiss franc around 11 in the morning from 265.51 about an hour earlier.
Hungarian Govt Plan To Scrap Jobless Benefits “Inhumane, Unfair”
- 18 Nov 2014 8:00 AM
- business
The government’s plan to scrap unemployment benefits in 2018 while placing the jobless into fostered job schemes is both inhumane and unfair, the opposition Democratic Coalition (DK) said.
Hungary’s Finance Minister Varga: Bank Tax May Be Redesigned
- 8 Jul 2014 9:00 AM
- business
The government is mulling a rethink of Hungary’s sectoral tax on banks, Mihály Varga, the economy minister, told public broadcaster Kossuth Rádió. “I don’t exclude the possibility of revising or rethinking the banking tax, since banks are going to be assuming a heavy burden to compensate clients, but now is not the time for this.”
Xpat Opinion: The Hungarian Economy As Reflected In The World Bank’s 2012 GNI Per Capita Figures
- 9 Jul 2013 5:00 AM
- business
Each year on July 1 the World Bank revises its classification of the world’s economies based on estimates of gross national income (GNI) per capita for the previous year. The current income classifications by GNI per capita are as follows: low income = $1,035 or less; lower middle income = $1,036 to $4,085; upper middle income = $4,086 to $12,615; and high income = $12,616 or more.
German Investor Says No To 440MW Hungarian Capacity Expansion
- 4 Nov 2010 12:00 AM
- business
German investor RWE has allegedly scrapped plans to expand the capacity of its lignite-based (brown coal, that is high in water content) power generating unit Matrai Eromu, the company said.
Hungary To Overshoot C.Bank Inflation Goal In 2010
- 10 Mar 2010 2:00 AM
- business
"The surprise jump in Hungary’s inflation to 6.4% in January has made a deep impression on analysts and, as a consequence, they now project the country’s inflation path to be considerably higher in 2010 than before. The market presently sees it unlikely that the headline CPI figure will drop to below the central bank’s medium-term goal (3.0% +/- 1ppt) this year.