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Five ways the EU could send a message to Hungary's Orbán

April 24, 2017, 10:05 am
Politico.eu said there are five ways the European Union could send a message to Viktor Orbán and “solve a problem like the Hungarian Prime Minister". None of these would make much difference, though.... 

Team Matolcsy and Team Draghi to talk rates this week

April 24, 2017, 8:04 am
A policy meeting by the National Bank of Hungary (MNB) and employment data for the first quarter of 2017 are on top of this week’s calendar of macroeconomic releases, whereas the rest of the world... 

US Senators address letter to Hungary's Orbán

April 21, 2017, 5:44 pm
A bipartisan group of ten American Senators have addressed a letter to Prime Minister Viktor Orbán in which they urge the government to work with CEU and find a solution to continue operating in Budapest.... 

Lőrinc Mészáros buys into FHB

April 21, 2017, 4:46 pm
Insurance company Allianz Hungária stepped out, while associations of Lőrinc Mészáros stepped in to FHB Bank, according to a Hungarian Stock Exchange disclosure. KZF Wealth Management KFt, which is... 

New CEO for Deloitte Hungary

April 21, 2017, 4:08 pm
Deloitte Hungary’s New CEO will be András Fülöp as of June 1, 2017. His predecessor Gábor Gion has been leading the company for more than eight years, according to the latest release of Deloitte.... 

Soros to fly to Brussels to discuss CEU

April 21, 2017, 3:23 pm
Jean-Claude Juncker is to meet George Soros in Brussels to talk about the current political situation in Hungary, announced EC spokeswoman Mina Andreeva at today’s press conference. The assembly... 

Hungarian Solar Panel Plant Featured by Bloomberg

April 21, 2017, 1:53 pm
"Clean energy isn't just the future, it's the present," states Bloomberg as the title of its selection where a variety of solar stations are featured worldwide. Mátra Power Plant's 16 megawatt photovoltaic... 

Watch Out, The New 2,000 and 5,000 Forint Bills Are Not Accepted Everywhere

April 21, 2017, 11:30 am
Safer, newer, yet you can not pay with them everywhere. About 40% of the new 2,000 forint bills and 40% of the 5,000 forint bills have been renewed by the Hungarian National Bank (MNB) since their... 

MNB to Liquidate a Credit Institution

April 21, 2017, 10:54 am
MNB has revoked Argentum Zrt’s permit to conduct business and ordered its liquidation. The company’s market share and impact was marginal. The National Bank of Hungary (MNB) withdrew the... 

NOK Recruiter Shares, We Start in May!

April 21, 2017, 10:01 am
We have asked Carion Holding to find out about the conditions of the Hungary’s first National Homeowner’s Community (Nemzeti Otthonteremtési Közösség, NOK). We received the news earlier this... 

OTP Gets Green Light to Buy Croatian Splitska Bank

April 21, 2017, 8:57 am
The Croatian Competition office, followed by he Croatian National Bank (HNB), gave its approval to OTP Bank to purchase Société Générale’s Croatian subsidiary Splitska Bank. Société Générale... 

Corecomm opens solar panel plant in Hungary

April 20, 2017, 4:45 pm
Corecomm SI has started manufacturing solar panels in its new plant in Veszprém, with capacity to supply 8,000 households annually, CEO Balázs Horváth told news agency MTI on Thursday. The new 1,200... 

Hungary mulls three options to pay for Paks 2 project

April 20, 2017, 3:27 pm
The government has three options for financing the Paks 2 nuclear project. The first EUR 100 million phase can be paid from the budget, it can be paid using the loan Russia offered, or the Russian loan... 

Hungary's Rába enters military vehicle segment

April 20, 2017, 2:34 pm
Hungarian vehicle maker Rába, which typically supplies parts for construction vehicles to other manufacturers, will produce welded structures for the Austrian subsidiary of Rheinmetall MAN Military Vehicles... 

You cannot be wealthy if you do not take risks - Interview

April 20, 2017, 1:41 pm
The popularity of ETFs will soon decrease and actively managed funds will once again start to conquer the markets, in part thanks to disruptive technologies, believes Hans-Jörg Naumer, Global Head of Capital... 

VAT refunds the main cause of Hungary's HUF 378 bn March deficit

April 20, 2017, 12:52 pm
In line with the preliminary figures, Hungary's budget deficit was HUF 378 billion in March, the highest in 15 years for this month of the year. Detailed data published by the Economy Ministry on Thursday... 

Hungary gets poor grade in EU climate ranking

April 20, 2017, 11:31 am
Only three European countries are pursuing climate policies that could deliver on the promises made at the Paris climate conference, according to a new ranking published by Transport & Environment and... 

Hungary to amend 2017 budget, EcoMin says

April 20, 2017, 10:40 am
The government is planning to amend the 2017 budget for two reasons, Economy Minister Mihály Varga said at a press conference after the National Competitiveness Council's meeting on Thursday. One of... 

Hungary February wages up 10.7% yr/yr - KSH

April 20, 2017, 9:10 am
In February 2017, average gross earnings amounted to HUF 274,800, 10.7% higher than a year earlier, the Central Statistical Office (KSH) said on Thursday. In January-February 2017, average gross earnings... 

Hungary data protection authority calls for extending NGO bill to gov't-funded civil organizations

April 19, 2017, 4:53 pm
Organizations funded by market players, political parties or the government should be made public as well, Attila Péterfalvi, head of Hungary's data protection authority NAIH, said shortly before Parliament... 
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