Finance

MNB

Latvia’s central bank says: trade deficit almost doubled in 2006

Latvia's current-account deficit in 2006 almost doubled to a massive 21.1% of GDP, up from 12.6% in 2005, the Bank...

Banking

Hungarian gov’t decides against revising „reasonable tax”

Hungary’s government has decided against submitting a new version of the „reasonable tax” to Parliament, but will rely on stricter...

Banking

Everybody says tax level is too high

The government submitted yesterday its proposals to extend the tax base and include groups previously omitted....

Banking

Hungary to crack down on tax dodging firms to replace lost revenue

Hungary will crack down on tax-dodging companies in order to replace revenues lost after a new tax was ruled illegal,...

MNB

Poland leaves key lending rates untouched

The National Bank of Poland (NBP) left key lending rates untouched Wednesday, in line with market expectations....

Banking

No expected tax, but tougher tax revisions, says Kóka

Government does not plan either to levy the expected minimum tax or to replace it with any other type of...

Banking

Yukos’ $22 bln auction due to start

The $22 billion (£11 billion) auction of the assets of the bankrupt oil firm OAO Yukos is due to begin...

Banking

Liberals oppose expected tax

SzDSz refused to back „expected tax” in its amended form, which provides a means of appeal to businesses, the lack...

Banking

Veres: government committed to broadening tax base

Hungary’s government is committed to using every means allowed under the constitution to broaden the country’s tax base, Finance Minister...

Ratings

Eastern Europe may face rating downgrades in 2007, Danske says

Romania, Bulgaria and Slovakia, may face ratings or outlook downgrades, only the Czech Republic and Hungary may expect positive actions...

MNB

Gazprombank to sell three-year floating-rate bonds

ZAO Gazprombank, the banking unit of the world's largest natural gas producer, is selling three-year bonds in dollars at a...

Banking

Brown slashes UK company tax rate

Britain slashed its company tax rate in a surprise move on Wednesday that its finance minister said gave it the...

MNB

Romania to boost planned domestic debt sales by 50% in 2007 – extended

Romania will increase its planned sales of domestic debt this year by 50% as it seeks to raise the proportion...

Banking

Hungary cuts annual budget deficit forecast on higher revenue – extended

Hungary's government, working to reduce its budget deficit after reporting the European Union's widest shortfall last year, today lowered its...

MNB

UK may sell near record amount of bonds for budget

The UK may need to sell near a record amount of bonds in the fiscal year starting April to fund...

MNB

Latvia’s central bank says: trade deficit almost doubled in 2006

Latvia's current-account deficit in 2006 almost doubled to a massive 21.1% of GDP, up from 12.6% in 2005, the Bank...

Banking

Hungarian gov’t decides against revising „reasonable tax”

Hungary’s government has decided against submitting a new version of the „reasonable tax” to Parliament, but will rely on stricter...

Banking

Everybody says tax level is too high

The government submitted yesterday its proposals to extend the tax base and include groups previously omitted....

Banking

Hungary to crack down on tax dodging firms to replace lost revenue

Hungary will crack down on tax-dodging companies in order to replace revenues lost after a new tax was ruled illegal,...

MNB

Poland leaves key lending rates untouched

The National Bank of Poland (NBP) left key lending rates untouched Wednesday, in line with market expectations....

Banking

No expected tax, but tougher tax revisions, says Kóka

Government does not plan either to levy the expected minimum tax or to replace it with any other type of...

Banking

Yukos’ $22 bln auction due to start

The $22 billion (£11 billion) auction of the assets of the bankrupt oil firm OAO Yukos is due to begin...

Banking

Liberals oppose expected tax

SzDSz refused to back „expected tax” in its amended form, which provides a means of appeal to businesses, the lack...

Banking

Veres: government committed to broadening tax base

Hungary’s government is committed to using every means allowed under the constitution to broaden the country’s tax base, Finance Minister...

Ratings

Eastern Europe may face rating downgrades in 2007, Danske says

Romania, Bulgaria and Slovakia, may face ratings or outlook downgrades, only the Czech Republic and Hungary may expect positive actions...

MNB

Gazprombank to sell three-year floating-rate bonds

ZAO Gazprombank, the banking unit of the world's largest natural gas producer, is selling three-year bonds in dollars at a...

Banking

Brown slashes UK company tax rate

Britain slashed its company tax rate in a surprise move on Wednesday that its finance minister said gave it the...

MNB

Romania to boost planned domestic debt sales by 50% in 2007 – extended

Romania will increase its planned sales of domestic debt this year by 50% as it seeks to raise the proportion...

Banking

Hungary cuts annual budget deficit forecast on higher revenue – extended

Hungary's government, working to reduce its budget deficit after reporting the European Union's widest shortfall last year, today lowered its...