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Hungary Finance Chief Mulls Bank Tax Hike on Budget Pressure

(Bloomberg) Hungary’s finance minister may propose raising taxes on banks after a year-long recession and the fastest inflation in the European Union blew the country’s budget off course. Shares in OTP Bank Nyrt., the country’s largest lender, plunged.Most Read from BloombergIndia Suspends Visas, Canada Pulls Diplomats Amid TensionsEx-Goldman Bankers Make a Fortune With Controversial Bet on Coal‘Dead Space’ Co-Creator Departs Startup After Newest Game FlopsIt’s Going to Be More Expensive to V

Gyorgy matolcsyZoltan vargaViktor orbanBloomberg businessweekMihaly vargaMarton kasnyikMiklos kolbaGiorgia meloniEuropean unionBank nyrtBank hungaryRaiffeisen bank internationalErste group bankFinance minister mihaly vargaPrime minister viktor orbanPrime minister giorgia meloni

Hungary to Miss Budget Target With GDP Contraction, Survey Shows

(Bloomberg) Hungary’s budget deficit will exceed the government’s target this year as an economic contraction challenges fiscal policy, according to a Bloomberg News survey. Most Read from BloombergNYC’s Most Exciting New Fine Dining Restaurant Is in a Subway StationMore People Call in Sick on August 24 Than Any Other DayTrump Returns to Musk’s X With Post of Georgia Mug ShotTrump Surrenders in Georgia on 2020 Election Probe ChargesNasdaq 100 Drops 2% as Yields Rise Before Powell: Markets Wra

Peter virovaczViktor orbanGergely gulyasBloomberg businessweekBank hungaryEuropean unionVodafone plc hungarianBloomberg newsPrime minister viktor orbanVodafone plcWorld athletics championshipsBudapest airport zrtBloomberg newsBudget deficitEconomic contractionBudapest airport

Erste Bank Hungary H1 After-Tax Profit Reaches HUF 46 7 bln

First-half after-tax profit of Austrian-owned Erste Bank Hungary reached HUF 46.7 billion, climbing from HUF 4.4 bln in the base period, chairman-CEO Radovan Jelasity said on Wednesday, news agency MTI writes.

Sberbank magyarorszNational deposit insurance fundErste bank hungaryRussian owned sberbank magyarorszBank hungary

Hungarian Inflation Dips Below 20% for First Time in 11 Months

Hungarian Inflation Dips Below 20% for First Time in 11 Months
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Zoltan arokszallasiMarton nagyPeter virovaczZselyke csakyEconomic developmentEuropean unionBank hungaryEconomic development minister marton nagy

Erste Bank Hungary Earnings Near EUR 108 mln in H1

Erste Bank Hungary's first-half net income reached EUR 107.9 million, climbing from EUR 6.6 mln in the base period, news agency MTI writes, citing an earnings report published by Austria's Erste Group on Monday.

Sberbank magyarorszErste bank hungaryErste groupNational deposit insurance fundAustria erste group onErste bank hungary earnings nearBank hungaryRussian owned sberbank magyarorszBudapest business journal