Finance

Banking

TV2 books positive EBITDA for first time since crisis

Hungarian commercial channel TV2, which was recently bought out by its management, had positive EBITDA for the first time in...

MNB

IMF foresees faster economic growth in Hungary

Economic growth could reach 2.7% this year, up from the previous forecast of 2.3%, while export growth is projected at...

MNB

CEO expects MÁVʼs debt to fall to HUF 70 bln

Ilona Dávid, the chairman-CEO of Hungarian state-owned railway company MÁV, expects MÁV’s debt to fall to HUF 70 bln by...

MNB

Forint continues to recover on interbank market

The forint was trading at 302.85 to the euro late Friday on the interbank forex market, up from 303.35 late...

Banking

Government could lower VAT on internet

The Hungarian government is planning on reducing the VAT rate from 27% to 18% on internet subscriptions as of next...

MNB

MNB launches probe of higher repayments for exchange rate cap scheme participants

The National Bank of Hungary (MNB) yesterday said it launched an investigation after receiving information that some lenders had, in...

MNB

Forint recovers on interbank market

The forint was trading at 304.09 to the euro late Thursday on the interbank forex market, up from 305.78 late...

Debt

ÁKK sells HUF 50 bln of securities at auction, as planned

The Government Debt Management Agency (ÁKK) sold a combined HUF 50 bln of securities at auction today, as planned, Hungarian...

Banking

Companies participating in dual education program could get rebates

Companies that take part in Hungaryʼs dual education system – a combination of trade instruction and on-the-job training – may...

Banking

Industry associations dispute ad tax

Industry associations are calling for additional consultations on the advertising tax, and have asked the government to consider abolishing the...

MNB

Banks disburse HUF 538 bln of loans in phase II of Funding for Growth Scheme

Net of repayments, banks disbursed HUF 537.6 bln of loans by April 30 to small and medium-size enterprises (SMEs) in...

Debt

ÁKK sells HUF 50 bln of three-month bills at auction, as planned

The Government Debt Management Agency (ÁKK) sold HUF 50 bln of discount three-month T-bills at auction today, in line with...

MNB

Templeton reduces Hungarian bonds in its portfolio

Emerging Market specialist Franklin Templeton Investments has reduced its Hungarian debt exposure by HUF 432 bln, napi.hu reported yesterday....

Banking

Ad tax set at 5.3% for revenue above HUF 100 mln

According to a new bill published on kormany.hu yesterday, the upper bracket of the advertisement tax would be 5.3%, while...

Ratings

Forint gains a little on interbank market

The forint was trading at 303.52 to the euro late Monday on the interbank forex market, slightly up from 303.76...

Banking

TV2 books positive EBITDA for first time since crisis

Hungarian commercial channel TV2, which was recently bought out by its management, had positive EBITDA for the first time in...

MNB

IMF foresees faster economic growth in Hungary

Economic growth could reach 2.7% this year, up from the previous forecast of 2.3%, while export growth is projected at...

MNB

CEO expects MÁVʼs debt to fall to HUF 70 bln

Ilona Dávid, the chairman-CEO of Hungarian state-owned railway company MÁV, expects MÁV’s debt to fall to HUF 70 bln by...

MNB

Forint continues to recover on interbank market

The forint was trading at 302.85 to the euro late Friday on the interbank forex market, up from 303.35 late...

Banking

Government could lower VAT on internet

The Hungarian government is planning on reducing the VAT rate from 27% to 18% on internet subscriptions as of next...

MNB

MNB launches probe of higher repayments for exchange rate cap scheme participants

The National Bank of Hungary (MNB) yesterday said it launched an investigation after receiving information that some lenders had, in...

MNB

Forint recovers on interbank market

The forint was trading at 304.09 to the euro late Thursday on the interbank forex market, up from 305.78 late...

Debt

ÁKK sells HUF 50 bln of securities at auction, as planned

The Government Debt Management Agency (ÁKK) sold a combined HUF 50 bln of securities at auction today, as planned, Hungarian...

Banking

Companies participating in dual education program could get rebates

Companies that take part in Hungaryʼs dual education system – a combination of trade instruction and on-the-job training – may...

Banking

Industry associations dispute ad tax

Industry associations are calling for additional consultations on the advertising tax, and have asked the government to consider abolishing the...

MNB

Banks disburse HUF 538 bln of loans in phase II of Funding for Growth Scheme

Net of repayments, banks disbursed HUF 537.6 bln of loans by April 30 to small and medium-size enterprises (SMEs) in...

Debt

ÁKK sells HUF 50 bln of three-month bills at auction, as planned

The Government Debt Management Agency (ÁKK) sold HUF 50 bln of discount three-month T-bills at auction today, in line with...

MNB

Templeton reduces Hungarian bonds in its portfolio

Emerging Market specialist Franklin Templeton Investments has reduced its Hungarian debt exposure by HUF 432 bln, napi.hu reported yesterday....

Banking

Ad tax set at 5.3% for revenue above HUF 100 mln

According to a new bill published on kormany.hu yesterday, the upper bracket of the advertisement tax would be 5.3%, while...

Ratings

Forint gains a little on interbank market

The forint was trading at 303.52 to the euro late Monday on the interbank forex market, slightly up from 303.76...

TV2 books positive EBITDA for first time since crisis

Hungarian commercial channel TV2, which was recently bought out by its management, had positive EBITDA for the first time in...

IMF foresees faster economic growth in Hungary

Economic growth could reach 2.7% this year, up from the previous forecast of 2.3%, while export growth is projected at...

CEO expects MÁVʼs debt to fall to HUF 70 bln

Ilona Dávid, the chairman-CEO of Hungarian state-owned railway company MÁV, expects MÁV’s debt to fall to HUF 70 bln by...

Forint continues to recover on interbank market

The forint was trading at 302.85 to the euro late Friday on the interbank forex market, up from 303.35 late...

Government could lower VAT on internet

The Hungarian government is planning on reducing the VAT rate from 27% to 18% on internet subscriptions as of next...

MNB launches probe of higher repayments for exchange rate cap scheme participants

The National Bank of Hungary (MNB) yesterday said it launched an investigation after receiving information that some lenders had, in...

Forint recovers on interbank market

The forint was trading at 304.09 to the euro late Thursday on the interbank forex market, up from 305.78 late...

ÁKK sells HUF 50 bln of securities at auction, as planned

The Government Debt Management Agency (ÁKK) sold a combined HUF 50 bln of securities at auction today, as planned, Hungarian...

Companies participating in dual education program could get rebates

Companies that take part in Hungaryʼs dual education system – a combination of trade instruction and on-the-job training – may...

Industry associations dispute ad tax

Industry associations are calling for additional consultations on the advertising tax, and have asked the government to consider abolishing the...

Banks disburse HUF 538 bln of loans in phase II of Funding for Growth Scheme

Net of repayments, banks disbursed HUF 537.6 bln of loans by April 30 to small and medium-size enterprises (SMEs) in...

ÁKK sells HUF 50 bln of three-month bills at auction, as planned

The Government Debt Management Agency (ÁKK) sold HUF 50 bln of discount three-month T-bills at auction today, in line with...

Templeton reduces Hungarian bonds in its portfolio

Emerging Market specialist Franklin Templeton Investments has reduced its Hungarian debt exposure by HUF 432 bln, napi.hu reported yesterday....

Ad tax set at 5.3% for revenue above HUF 100 mln

According to a new bill published on kormany.hu yesterday, the upper bracket of the advertisement tax would be 5.3%, while...

Forint gains a little on interbank market

The forint was trading at 303.52 to the euro late Monday on the interbank forex market, slightly up from 303.76...