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Hungary

Budapest unveils capital loans for SMEs

Budapest unveils government initiative to make subsidised working-capital loans available to SMEs. (more…)

#bank#Raiffeisen#smes

Hungary to reallocate EUR973.5m to stabilize SME sector

This morning's cabinet meeting has approved plans to reallocate EUR973.5m  in order to help stabilize Hungary's SME sector (more…)

#conference#crisis#funding


Insolvencies up 11% in Q1-Q3 of 2008

Hungarian insolvencies were up 11% in Q1-Q3 of 2008.   (more…)

#bankruptcy#insolvencies#insolvency


EUR5.2bn available to Hungarian SMEs

HUF1,400bn (EUR5.2bn) in direct subsidies, much of it from a restructuring of EU funding, will be available to Hungarian SMEs in the…


SME confidence experiencing decline

Sentiment at both big Hungarian companies and SMEs sharply worsened in October the latest measure of confidence by Ecostat reveals. (more…)

#banks#crisis#smes


Factors suffering in financial crisis

In the current crisis one may think an upsurge might be expected in the growing Hungarian factoring sector: That is…

#bank#crisis#DZ Bank


Government launches new program to help SMEs get financing...

Finance minister Janos Veres has announced that the government will soon launch the Capital Union Program aimed at helping SMEs…

#crisis#smes


Government announce program to support SMEs

Hungary s Minister for National Development and Economy has announced a program to help SMEs and spur growth (more…)

#bank#banks#guarantees


EUR351.84m for micro businesses

In 2008 there has been 412 contracts signed so far worth HUF1.9bn (EUR8.05m) in the framework of the New Hungary…

#economy#guarantee#interest rates


Number of insolvencies jumps in first half of 2008

The number of insolvent firms in Hungary grew by 13% in the first six months of 2008, compared to the…

#bankruptcy#economy#insolvencies


Ecostat business confidence index slips in Q2

Ecostat's TOP-100 index for sentiment at Hungary's biggest hundred companies fell to 84.6 per cent in Q2 from 90.2 per…

#Boost#smes#Two


20% of enterprises have credit insurance

One-third of the Hungarian companies thing that their clients payment morals are bad, while foreign companies have a better esteem,…

Commission prohibits Hungarian export-credit guarantee scheme

The European Commission ruled a planned scheme for providing short-term export credit guarantees to Hungarian exporting SMEs and their foreign clients…

#bank#exporters#exports

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