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Business|26/08/2010

Hungarian reserves at record levels

Emotions reached boiling point when the delegations of the International Monetary Fund (IMF) and the European Commission left Budapest without having achieved their purpose.
Business|06/08/2010

The Bell of Saint Charles goes to Passau

The tower of Matthias Church will become silent at the end of summer, and the largest of its bells, named after Saint Charles Borromeo, will be taken to Passau, from where it shall be returned in the autumn, together with three new bells.
Business|06/07/2010

Orbán not doggedly following the IMF: The Wall Street Journal’s praise

A supportive opinion has come from an unexpected quarter: according to the noted Wall Street Journal it is a shame that creditors are unable to understand Budapest’s approach.
Business|06/07/2010

Europe follows Orbán’s lead

Domestic insurance companies have asked to pay a smaller proportion of the bank tax because they did not cause the financial crisis. Squeezing the banks financially is on the agenda all over Europe.
Business|28/06/2010

No concessions regarding the bank tax

At an event organised by the club Hungarians on the Market, György Matolcsy, Minister of National Economy said the most urgent task was the creation of financial and economic stability.

Business|28/06/2010

An increase in the minimum wage of twenty thousand forints on the cards

The flat tax alluded to in the Orbán government’s first action plan could mean that the more somebody earns, the better off they would be.
Business|17/06/2010

Orbán’s harsh action plan

Experts claim that the Orbán government’s action plan is substantial and ambitious. The winners include the lower middle and middle income groups as well as people facing eviction, while the clear losers are managers in the financial and state sectors.
Business|08/06/2010

Has Europe gone quiet?

The eurozone countries are in just as much trouble as the others: without political and fiscal cooperation even the common currency will not prevent a near-bankruptcy.
Business|21/05/2010

A Head Banker from Nowhere

It came as a shock to some that the Prime Minister elect – in answer to reporters’ questions – publicly expressed his opinion about the central bank. He did not mince his words.
Business|14/05/2010

Hungarian Atom

If corruption cannot be quelled, the country will sink to the level of third world nations, says Attila Aszódi, a docent at Budapest University of Technology and Economics and the director of the Institute of Nuclear Techniques, which is supported by MVM, the Hungarian electricity works.

Itthon