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Channel: The Budapest Times » Business Articles
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Gov’t to pursue investors for health insurance tender

Profits capped at 2% for health investors Hungary will attempt to woo private investors into its health insurance system by launching an international road show and employing an international tender...

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Hopes stronger forint will lower budget costs

National Bank of Hungary scraps trading band to fight inflation The National Bank of Hungary (MNB) last Monday scrapped the forint trading band in a move it said was aimed at battling inflation and...

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Pushing passive housing

Even old houses can be made super energy efficient, the first Hungarian Passive House Conference held in Budapest last week heard. The German “passivhaus” standard, which is gaining popularity in...

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Union Investment set on intensive Hungarian growth

The third-biggest player in the German investment market is moving directly into the Hungarian market. Union Investment is doing so through   Takarékbank Zrt., and its network of Hungarian savings...

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Hungary-Russia deal strikes blow to EU-backed Nabucco

PM under fire for signing onto pipeline Prime Minister Ferenc Gyurcsány last week delivered a blow to the EU-backed Nabucco pipeline and drew heavy domestic flak when he and Russian...

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Biofuels in Hungary: Part II

Biofuels, between polemics & realityBiofuels are presently facing more and more criticism worldwide. It is a subject which everyone is interested in and which even provokes protests, often based on...

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Court OKs retroactive VAT deduction

Taxpayers can deduct VAT retroactively, even if their economic activity in Hungary began before they registered with the tax office, Budapest Municipal Court ruled last week. In a case brought by the...

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Pressure taxes government

Businesses, employees and the head of the central bank are hoping for payroll cuts. The liberals – and some Socialists – are hoping for large, popularity boosting tax cuts in the run up to the 2010...

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Accusations of stirring up political trouble

Bribery allegations The centre-right opposition party Fidesz is out to unseat the Socialist mayor of District VI, István Verók amidst a storm of allegations of corrupt property deals. The local...

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Very pricey synagogue location

Named after Theodor Herzl – a local boy from Dohány utca who went on to start the modern Zionist movement – a new “luxury” residential development is to be built in the shadow of Budapest’s famous...

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