155 result(s) for september in Business
EC Resumes Development Funding Payments To Hungary
- 28 Sep 2015 9:00 AM
- business
The European Commission has lifted a ban on the disbursement of European Union economic development funding to Hungary, daily Magyar Idők reported. With a resolution dated September 23, the Brussels commission closed a probe affecting funding worth about 700 billion forints (EUR 2.24bn), the paper said on Saturday.
Lazar: Euratom Clears Paks Upgrade Contracts
- 11 Sep 2015 11:02 AM
- business
The Euratom Supply Agency has reviewed contracts for the Paks nuclear reactor development project and determined they are fully in line with the EU legal framework, government office chief Janos Lazar said on Thursday. Euratom informed the government on September 7 that the contracts for the Paks development comply with all technical, energy policy and environmental protection requirements, Lazar ...
Vajna May Buy Hungary's TV2 This Year
- 31 Aug 2015 9:00 AM
- business
Government film commissioner Andy Vajna may purchase television channel TV2 in a matter of weeks or months, Népszabadság reports. Current owners Zsolt Simon and Yvonne Dederick do not appear to have funds to pay the estimated Ft 5 billion purchase price to ProSiebenSat 1, the German company from which they bought TV2 at the end of 2013, the newspaper adds.
Lawmakers Pass Hungary’s 2016 Budget
- 24 Jun 2015 9:00 AM
- business
Lawmakers approved Hungary’s 2016 budget in a final vote months ahead of the legal deadline, with 119 votes in favour and 63 against. The Budget Act calculates with a budget deficit of 2% of gross domestic product (GDP) based on EU accounting rules and public debt of 73.3% of GDP. The budget targets total revenue of 15,800 billion forints (EUR 50.7bn), total expenditures of 16,561 billion forints ...
Lenders Weigh Court Defence Of Unilateral Changes To Forint Loan Contracts
- 7 Jan 2015 8:00 AM
- business
OTP Bank and Erste Bank are considering legal recourse regarding the settlement of compensation for unilateral changes to forint loan contracts, and K and H Bank already plans to file a case, the lenders said. The press department of Budapest’s Municipal Court said no cases had been filed so far.
National Bank Of Hungary: Monetary Transmission To Be Strengthened By FX Loan Conversion
- 19 Dec 2014 8:00 AM
- business
Monetary transmission will be strengthened by the conversion of retail foreign-exchange loans into forints as it will eliminate the exposure of Hungarian households to foreign currency as well as the related risks, the National Bank of Hungary (NBH) said in its quarterly Inflation Report.
Hungary’s Oct Current - Account Surplus Euro 232M
- 17 Dec 2014 8:00 AM
- business
Hungary’s current account posted a surplus of 231.6 million euros in October, the National Bank of Hungary said. The surplus was down from 865.5 million euros in September and 263.7 million euros in August.
Hungary To Buy Budapest Bank From American GE
- 4 Dec 2014 4:00 AM
- business
The Hungarian state will buy Budapest Bank, Hungary’s eighth-biggest lender, from current owner GE, the government has announced. The government signed a preliminary contract to buy the bank on Thursday.
Two-Thirds Of Laid Off Nokia Workers Placed In Jobs In Hungary
- 13 Nov 2014 8:00 AM
- business
Two-thirds of the 1,149 Hungarians laid off at the Nokia plant in Komárom, in north-west Hungary, which will shut down at the end of this month, have already found work. Fully 68 companies advertising 3,700 openings had participated at a job fair for the laid off workers in September.
EC Resumes Development Funding Payments To Hungary
- 28 Sep 2015 9:00 AM
- business
The European Commission has lifted a ban on the disbursement of European Union economic development funding to Hungary, daily Magyar Idők reported. With a resolution dated September 23, the Brussels commission closed a probe affecting funding worth about 700 billion forints (EUR 2.24bn), the paper said on Saturday.
Lazar: Euratom Clears Paks Upgrade Contracts
- 11 Sep 2015 11:02 AM
- business
The Euratom Supply Agency has reviewed contracts for the Paks nuclear reactor development project and determined they are fully in line with the EU legal framework, government office chief Janos Lazar said on Thursday. Euratom informed the government on September 7 that the contracts for the Paks development comply with all technical, energy policy and environmental protection requirements, Lazar ...
Vajna May Buy Hungary's TV2 This Year
- 31 Aug 2015 9:00 AM
- business
Government film commissioner Andy Vajna may purchase television channel TV2 in a matter of weeks or months, Népszabadság reports. Current owners Zsolt Simon and Yvonne Dederick do not appear to have funds to pay the estimated Ft 5 billion purchase price to ProSiebenSat 1, the German company from which they bought TV2 at the end of 2013, the newspaper adds.
Lawmakers Pass Hungary’s 2016 Budget
- 24 Jun 2015 9:00 AM
- business
Lawmakers approved Hungary’s 2016 budget in a final vote months ahead of the legal deadline, with 119 votes in favour and 63 against. The Budget Act calculates with a budget deficit of 2% of gross domestic product (GDP) based on EU accounting rules and public debt of 73.3% of GDP. The budget targets total revenue of 15,800 billion forints (EUR 50.7bn), total expenditures of 16,561 billion forints ...
Lenders Weigh Court Defence Of Unilateral Changes To Forint Loan Contracts
- 7 Jan 2015 8:00 AM
- business
OTP Bank and Erste Bank are considering legal recourse regarding the settlement of compensation for unilateral changes to forint loan contracts, and K and H Bank already plans to file a case, the lenders said. The press department of Budapest’s Municipal Court said no cases had been filed so far.
National Bank Of Hungary: Monetary Transmission To Be Strengthened By FX Loan Conversion
- 19 Dec 2014 8:00 AM
- business
Monetary transmission will be strengthened by the conversion of retail foreign-exchange loans into forints as it will eliminate the exposure of Hungarian households to foreign currency as well as the related risks, the National Bank of Hungary (NBH) said in its quarterly Inflation Report.
Hungary’s Oct Current - Account Surplus Euro 232M
- 17 Dec 2014 8:00 AM
- business
Hungary’s current account posted a surplus of 231.6 million euros in October, the National Bank of Hungary said. The surplus was down from 865.5 million euros in September and 263.7 million euros in August.
Hungary To Buy Budapest Bank From American GE
- 4 Dec 2014 4:00 AM
- business
The Hungarian state will buy Budapest Bank, Hungary’s eighth-biggest lender, from current owner GE, the government has announced. The government signed a preliminary contract to buy the bank on Thursday.
Two-Thirds Of Laid Off Nokia Workers Placed In Jobs In Hungary
- 13 Nov 2014 8:00 AM
- business
Two-thirds of the 1,149 Hungarians laid off at the Nokia plant in Komárom, in north-west Hungary, which will shut down at the end of this month, have already found work. Fully 68 companies advertising 3,700 openings had participated at a job fair for the laid off workers in September.