Finance

Banking

Govt official sees no new special taxes

Special and sectoral taxes Hungary's government has introduced since coming to power are here to stay, but no more are...

MNB

OTP Bank pulls out of Romanian brokerage market

OTP Bank Romania, a unit of Hungary's OTP Bank, will discontinue its brokerage operations, Romania's Mediafax news agency said on...

Banking

Energy tax changes only moderately weigh on MOL

MOL investors worry over the impact of tax changes and the corruption case in Croatia....

Ratings

S&P lowers OTP ratings in line with sovereign downgrade

Ratings company Standard and Poor's on Tuesday said it lowered the long-term ratings on OTP Bank and its unit OTP...

Banking

EC asks Hungary to amend retail, telco “crisis taxes”

The European Commission on Wednesday said it formally requested that Hungary amend legislation on special taxes on retailers and telecommunications...

Banking

NAV to increase rigor of audits on employees on cross-border assignments

Contrary to earlier tax authority practices, Hungarian affiliates of foreign companies employing employees of their non-resident mother company can expect...

Banking

Parliament approves utilities tax

MNB

State to take over HUF 95 bln-100 bln of local council debt this year

The state will take over all of the debt of local councils in communities with populations under 5,000 before the...

MNB

EU transfers lift central bank foreign assets in October

European Union transfers received in October raised the central bank's foreign assets in an end-of-month comparison, offsetting the drop caused...

Banking

Govt official sees no new special taxes

Special and sectoral taxes Hungary's government has introduced since coming to power are here to stay, but no more are...

MNB

OTP Bank pulls out of Romanian brokerage market

OTP Bank Romania, a unit of Hungary's OTP Bank, will discontinue its brokerage operations, Romania's Mediafax news agency said on...

Banking

Energy tax changes only moderately weigh on MOL

MOL investors worry over the impact of tax changes and the corruption case in Croatia....

Ratings

S&P lowers OTP ratings in line with sovereign downgrade

Ratings company Standard and Poor's on Tuesday said it lowered the long-term ratings on OTP Bank and its unit OTP...

Banking

EC asks Hungary to amend retail, telco “crisis taxes”

The European Commission on Wednesday said it formally requested that Hungary amend legislation on special taxes on retailers and telecommunications...

Banking

NAV to increase rigor of audits on employees on cross-border assignments

Contrary to earlier tax authority practices, Hungarian affiliates of foreign companies employing employees of their non-resident mother company can expect...

Banking

Parliament approves utilities tax

MNB

State to take over HUF 95 bln-100 bln of local council debt this year

The state will take over all of the debt of local councils in communities with populations under 5,000 before the...

MNB

EU transfers lift central bank foreign assets in October

European Union transfers received in October raised the central bank's foreign assets in an end-of-month comparison, offsetting the drop caused...

Govt official sees no new special taxes

Special and sectoral taxes Hungary's government has introduced since coming to power are here to stay, but no more are...

OTP Bank pulls out of Romanian brokerage market

OTP Bank Romania, a unit of Hungary's OTP Bank, will discontinue its brokerage operations, Romania's Mediafax news agency said on...

Energy tax changes only moderately weigh on MOL

MOL investors worry over the impact of tax changes and the corruption case in Croatia....

S&P lowers OTP ratings in line with sovereign downgrade

Ratings company Standard and Poor's on Tuesday said it lowered the long-term ratings on OTP Bank and its unit OTP...

EC asks Hungary to amend retail, telco “crisis taxes”

The European Commission on Wednesday said it formally requested that Hungary amend legislation on special taxes on retailers and telecommunications...

NAV to increase rigor of audits on employees on cross-border assignments

Contrary to earlier tax authority practices, Hungarian affiliates of foreign companies employing employees of their non-resident mother company can expect...

State to take over HUF 95 bln-100 bln of local council debt this year

The state will take over all of the debt of local councils in communities with populations under 5,000 before the...

EU transfers lift central bank foreign assets in October

European Union transfers received in October raised the central bank's foreign assets in an end-of-month comparison, offsetting the drop caused...