Related articles

• News

  Budapest Bank to close on Oct. 25-26 for card system upgrade

  

  Budapest Bank will suspend teller and electronic services on Thursday, October 25, and Friday October 26, while it introduces a new bank card system, Hungarian news agency MTI reported.

   Fri, Sept. 21, 2018, 14:30

  • Budapest Bank
  • bank card
  • system
  • upgrade
• Politics

  Tit for tat as Fidesz, ALDE release attack videos

  

  The communications war between the Hungarian government and the Alliance of Liberals and Democrats for Europe (ALDE) is escalating, with both publishing attack videos against each other.

   Fri, Sept. 21, 2018, 12:10

  • Fidesz
  • ALDE
  • Soros
  • video
  • Sargentini
  • Orbán
  • EP
• Politics

  FM summons Spanish ambassador, as war of words escalates

  

  The Ministry of Foreign Affairs and Trade summoned Spain’s ambassador to Budapest on Wednesday with relation to Spanish Foreign Minister Josep Borrell’s statements criticizing Hungary as xenophobic, according to a report on official government website kormany.hu.

   Fri, Sept. 21, 2018, 11:38

  • Foreign Ministry
  • Spain
  • ambassador
  • summons
• Finance

  Banks must adequately inform FX loan borrowers, CJEU rules

  

  In a preliminary ruling sought by the Budapest Regional Court of Appeal, the Court of Justice of the European Union (CJEU) has said that financial institutions are required to provide borrowers with adequate information to enable them to make well-informed, prudent decisions.   

   Fri, Sept. 21, 2018, 11:32

  • foreign currency
  • FX
  • loan
  • borrower
  • CJEU
  • ruling
• Finance

  Uniqa launches innovative Cherrisk insurance model

  

  Insurance company Uniqa is set to expand its innovative Cherrisk model to Europe, with the innovative, user interface-optimized model having completed a successful pilot period in Hungary, according to a press release sent to the Budapest Business Journal.

   Fri, Sept. 21, 2018, 09:54

  • Uniqa
  • Cherrisk
  • insurance
  • innovation
  • interface
  • pilot
• Economy

  KSH confirms slowing retail sales growth in July

  

  In July 2018, the volume of sales in the national retail trade network, as well as in mail order and internet retail, rose by 5.4% according to raw data, and by 5.3% adjusted for calendar effects, compared to the same period of the previous year, the Central Statistical Office (KSH) confirmed in a second reading of data.

   Fri, Sept. 21, 2018, 09:45

  • retail
  • sales
  • ksh
  • food
  • fuel
  • growth
• Culture

  Ed Sheeran to headline Sziget 2019

  

  The annual Sziget Festivalʼs organizers have announced that international pop star Ed Sheeran will be headlining next summerʼs event, according to a press release sent to the Budapest Business Journal.

   Fri, Sept. 21, 2018, 09:33

  • Ed Sheeran
  • Sziget
  • music
  • festival
  • pop
  • rock
• Business

  Sanmina to spend HUF 6.2 bln on developments in Tatabánya

  

  U.S.-owned electronics and telecom equipment manufacturer Sanmina-SCI Hungary Kft. will spend HUF 6.2 billion on developments at its base in Tatabánya (NW Hungary) by 2022, Minister of Foreign Affairs and Trade Péter Szijjártó said Thursday.   

   Fri, Sept. 21, 2018, 09:15

  • Sanmina
  • development
  • investment
  • Tatabánya
  • electronics
• News

  Appeals court upholds Syrian rioterʼs terrorism conviction

  

  The Szeged Court of Appeals has upheld a terrorism charge brought against Syrian national Ahmed H., who clashed with police on illegally entering Hungary from Serbia at the Röszke border point in September 2015. The case has been subject to an international outcry at what is seen by some as an overly strict application of the law.

   Fri, Sept. 21, 2018, 09:00

  • Appeal
  • Syrian
  • migrant
  • terrorism
  • Amnesty
  • conviction
  • Röszke
• Business

  Taxify to extend service to Debrecen

  

  Transportation network operator Taxify is set to launch the test phase of its ride-sharing service in Debrecen in a few weeks, after the conclusion of the search for drivers in the city, according to a press release sent to the Budapest Business Journal.

   Thu, Sept. 20, 2018, 12:57

  • Taxify
  • Debrecen
  • ride sharing
  • service