Environment

Initiatives

Fiscal Council: 2.9% deficit target possible

Hungary’s Fiscal Council said in an opinion yesterday that next year’s general government deficit target of 2.9% of GDP was...

Initiatives

Amendments to ’13 budget in parliament today

Amendments to the 2013 budget of the central government will be voted on today, with the constitutional majority held by...

Recycling

Troubled alumina maker MAL lays off 250

Hungarian alumina maker MAL is laying off about 250 people as it ceases processing its own bauxite, liquidator Judit Kemerle...

Initiatives

MBSz Chairman: FX-loan relief plan will harm forint

As the week rolls on, Hungary’s politicos and banking interests get back to work on addressing forex-based loan issues....

Initiatives

Hungary, Taiwan in sports cooperation deal

With an agreement signed yesterday in Budapest, Taiwan and Hungary will be entering into student exchange programs and joint research...

Initiatives

Takarékbank chairman: Nationalization a “fantasy”

The state will say the savings cooperative business only until the system has undergone the necessary renewal and re-capitalization, Tamás...

Initiatives

Varga: A “good starting point” to forex-loan negotiation

Negotiations between the National Economy Ministry and the Hungarian Banking Association (MBSz) over the incipient forex-based loan crisis may be...

Initiatives

Bank wars: OTSz vs. charter; Fidesz vs. forex loaners

On the day before National Association of Saving Cooperatives (OTSz) member institutions vote on whether to accept a restructuring of...

Initiatives

Bank wars: OTSz vs. charter; Fidesz vs. forex loaners

On the day before National Association of Saving Cooperatives (OTSz) member institutions vote on whether to accept a restructuring of...

Initiatives

BBJ’s stories of the week, August 3-9

It’s Friday, another ending of a news cycle – and so, before BBJ logs out seeks out some shade and/or...

Initiatives

ECB: Thumbs up for PSzÁF-MNB merger

The European Central Bank said it welcomed the integration of Hungarian financial market regulator PSzÁF into the National Bank of...

Recycling

HUF 900 million expansion complete at Bio-Fungi mushroom farm

K&H Bank representatives reported yesterday that organic white-button mushroom and compost producer Bio-Fungi has finished its HUF 900 million expansion...

Recycling

Bosch gets new HQ, strategic partnership agreement

On the same day that General Electric announced its expansion plans within Hungary, the country also celebrated the grand opening...

Initiatives

Willing to give more? Not yet

EBRD board member András Kármán sees the low revenue-generating ability of Hungarian banks as their mayor shortcoming in comparison to...

Initiatives

Demján to Orbán: Savings cooperative law must change

National Association of Savings Cooperatives (OTSz) Chairman Sándor Demján told Prime Minister Viktor Orbán in a letter on Monday that...

Initiatives

Fiscal Council: 2.9% deficit target possible

Hungary’s Fiscal Council said in an opinion yesterday that next year’s general government deficit target of 2.9% of GDP was...

Initiatives

Amendments to ’13 budget in parliament today

Amendments to the 2013 budget of the central government will be voted on today, with the constitutional majority held by...

Recycling

Troubled alumina maker MAL lays off 250

Hungarian alumina maker MAL is laying off about 250 people as it ceases processing its own bauxite, liquidator Judit Kemerle...

Initiatives

MBSz Chairman: FX-loan relief plan will harm forint

As the week rolls on, Hungary’s politicos and banking interests get back to work on addressing forex-based loan issues....

Initiatives

Hungary, Taiwan in sports cooperation deal

With an agreement signed yesterday in Budapest, Taiwan and Hungary will be entering into student exchange programs and joint research...

Initiatives

Takarékbank chairman: Nationalization a “fantasy”

The state will say the savings cooperative business only until the system has undergone the necessary renewal and re-capitalization, Tamás...

Initiatives

Varga: A “good starting point” to forex-loan negotiation

Negotiations between the National Economy Ministry and the Hungarian Banking Association (MBSz) over the incipient forex-based loan crisis may be...

Initiatives

Bank wars: OTSz vs. charter; Fidesz vs. forex loaners

On the day before National Association of Saving Cooperatives (OTSz) member institutions vote on whether to accept a restructuring of...

Initiatives

Bank wars: OTSz vs. charter; Fidesz vs. forex loaners

On the day before National Association of Saving Cooperatives (OTSz) member institutions vote on whether to accept a restructuring of...

Initiatives

BBJ’s stories of the week, August 3-9

It’s Friday, another ending of a news cycle – and so, before BBJ logs out seeks out some shade and/or...

Initiatives

ECB: Thumbs up for PSzÁF-MNB merger

The European Central Bank said it welcomed the integration of Hungarian financial market regulator PSzÁF into the National Bank of...

Recycling

HUF 900 million expansion complete at Bio-Fungi mushroom farm

K&H Bank representatives reported yesterday that organic white-button mushroom and compost producer Bio-Fungi has finished its HUF 900 million expansion...

Recycling

Bosch gets new HQ, strategic partnership agreement

On the same day that General Electric announced its expansion plans within Hungary, the country also celebrated the grand opening...

Initiatives

Willing to give more? Not yet

EBRD board member András Kármán sees the low revenue-generating ability of Hungarian banks as their mayor shortcoming in comparison to...

Initiatives

Demján to Orbán: Savings cooperative law must change

National Association of Savings Cooperatives (OTSz) Chairman Sándor Demján told Prime Minister Viktor Orbán in a letter on Monday that...

Fiscal Council: 2.9% deficit target possible

Hungary’s Fiscal Council said in an opinion yesterday that next year’s general government deficit target of 2.9% of GDP was...

Amendments to ’13 budget in parliament today

Amendments to the 2013 budget of the central government will be voted on today, with the constitutional majority held by...

Troubled alumina maker MAL lays off 250

Hungarian alumina maker MAL is laying off about 250 people as it ceases processing its own bauxite, liquidator Judit Kemerle...

MBSz Chairman: FX-loan relief plan will harm forint

As the week rolls on, Hungary’s politicos and banking interests get back to work on addressing forex-based loan issues....

Hungary, Taiwan in sports cooperation deal

With an agreement signed yesterday in Budapest, Taiwan and Hungary will be entering into student exchange programs and joint research...

Takarékbank chairman: Nationalization a “fantasy”

The state will say the savings cooperative business only until the system has undergone the necessary renewal and re-capitalization, Tamás...

Varga: A “good starting point” to forex-loan negotiation

Negotiations between the National Economy Ministry and the Hungarian Banking Association (MBSz) over the incipient forex-based loan crisis may be...

Bank wars: OTSz vs. charter; Fidesz vs. forex loaners

On the day before National Association of Saving Cooperatives (OTSz) member institutions vote on whether to accept a restructuring of...

Bank wars: OTSz vs. charter; Fidesz vs. forex loaners

On the day before National Association of Saving Cooperatives (OTSz) member institutions vote on whether to accept a restructuring of...

BBJ’s stories of the week, August 3-9

It’s Friday, another ending of a news cycle – and so, before BBJ logs out seeks out some shade and/or...

ECB: Thumbs up for PSzÁF-MNB merger

The European Central Bank said it welcomed the integration of Hungarian financial market regulator PSzÁF into the National Bank of...

HUF 900 million expansion complete at Bio-Fungi mushroom farm

K&H Bank representatives reported yesterday that organic white-button mushroom and compost producer Bio-Fungi has finished its HUF 900 million expansion...

Bosch gets new HQ, strategic partnership agreement

On the same day that General Electric announced its expansion plans within Hungary, the country also celebrated the grand opening...

Willing to give more? Not yet

EBRD board member András Kármán sees the low revenue-generating ability of Hungarian banks as their mayor shortcoming in comparison to...

Demján to Orbán: Savings cooperative law must change

National Association of Savings Cooperatives (OTSz) Chairman Sándor Demján told Prime Minister Viktor Orbán in a letter on Monday that...