49 result(s) for corrupt in Business
Police Launch Investigation Into Quaestor
- 12 Mar 2015 8:00 AM
- business
The Hungarian police have launched an investigation of brokerage Quaestor on suspicion of fraud, the National Police Headquarters said. Quaestor’s headquarters were raided as part of the investigation, the police said. Earlier in the day political parties clashed over the brokerage scandal.
US-Owned Companies Treated Equally With Other Firms, Says Tax Office
- 5 Mar 2015 8:00 AM
- business
US-affiliated companies in Hungary are treated equally with other, non-US, firms, the national tax and customs authority (NAV) said in a report published on the government’s website. The report followed an investigation launched in the wake of press reports suggesting that NAV conducted illegal procedures and in some cases failed to launch procedures causing the central budget VAT-revenue losses ...
Firms Say Corruption Integral Part Of Business In Hungary - Survey
- 26 Feb 2015 8:00 AM
- business
Corruption is part and parcel of doing business in Hungary, the heads of Hungarian large and medium sized companies said according to a joint survey by auditor EY and the Hungarian Chamber of Commerce and Industry (MKIK).
HUF 2100 Billion Needs To Be Drawn Down From Brussels This Year By Hungary
- 19 Jan 2015 8:00 AM
- business
János Lázár, who is currently in Brussels, said the fact that Hungary needs to draw down 2100 billion forints (EUR 6.5bn) in European Union funding this year is a significant challenge.
New Rules For Alcohol Excise Tax In Hungary
- 7 Jan 2015 8:00 AM
- business
The Prime Minister’s Office has proposed to reverse all new rules determining the amount of an excise tax bank guarantee paid by alcohol wholesalers after a series of proposals made on the subject. Gergely Gulyás, the ruling Fidesz party’s head of parliament’s legislative committee, said that the excise tax bank guarantee paid by wholesalers on beer, wine, sparkling wine and intermediate ...
Hungary’s Central Bank To Guarantee MKB Bank
- 19 Dec 2014 8:00 AM
- business
The government has asked the central bank to contribute towards efforts to reorganise and strengthen MKB Bank. Speaking at a press conference held with Prime Minister Viktor Orbán, György Matolcsy, the central bank governor, said the National Bank of Hungary would guarantee the “full liquidity” of MKB Bank recently acquired by the state.
NAV Employee Suspected Of Corruption Reported To Police
- 18 Dec 2014 8:00 AM
- business
An employee of Hungary’s tax office (NAV) suspected of corruption has been reported to the police, tabloid Blikk reported. The paper quoted a contractor who asked to remain anonymous referring to a recording which implicates the NAV employee in corruption.
Hungary Strives To Be “Least Infected” By Corruption
- 12 Dec 2014 8:00 AM
- business
The Hungarian government wants Hungary to be among the countries “least infected” by corruption, Sándor Pintér, the interior minister, told a conference. Corruption must be tackled by working together “in education, legal background work and also at an ethical level,” Pintér said, adding that this must happen within society and organisations such as police and prosecutors.
Transparency’s Hungary Corruption Index Unchanged
- 4 Dec 2014 8:00 AM
- business
Hungary stayed in 47th place on a list of 175 countries in Transparency International’s Corruption Perceptions Index 2014. The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is perceived to be.
Police Launch Investigation Into Quaestor
- 12 Mar 2015 8:00 AM
- business
The Hungarian police have launched an investigation of brokerage Quaestor on suspicion of fraud, the National Police Headquarters said. Quaestor’s headquarters were raided as part of the investigation, the police said. Earlier in the day political parties clashed over the brokerage scandal.
US-Owned Companies Treated Equally With Other Firms, Says Tax Office
- 5 Mar 2015 8:00 AM
- business
US-affiliated companies in Hungary are treated equally with other, non-US, firms, the national tax and customs authority (NAV) said in a report published on the government’s website. The report followed an investigation launched in the wake of press reports suggesting that NAV conducted illegal procedures and in some cases failed to launch procedures causing the central budget VAT-revenue losses ...
Firms Say Corruption Integral Part Of Business In Hungary - Survey
- 26 Feb 2015 8:00 AM
- business
Corruption is part and parcel of doing business in Hungary, the heads of Hungarian large and medium sized companies said according to a joint survey by auditor EY and the Hungarian Chamber of Commerce and Industry (MKIK).
HUF 2100 Billion Needs To Be Drawn Down From Brussels This Year By Hungary
- 19 Jan 2015 8:00 AM
- business
János Lázár, who is currently in Brussels, said the fact that Hungary needs to draw down 2100 billion forints (EUR 6.5bn) in European Union funding this year is a significant challenge.
New Rules For Alcohol Excise Tax In Hungary
- 7 Jan 2015 8:00 AM
- business
The Prime Minister’s Office has proposed to reverse all new rules determining the amount of an excise tax bank guarantee paid by alcohol wholesalers after a series of proposals made on the subject. Gergely Gulyás, the ruling Fidesz party’s head of parliament’s legislative committee, said that the excise tax bank guarantee paid by wholesalers on beer, wine, sparkling wine and intermediate ...
Hungary’s Central Bank To Guarantee MKB Bank
- 19 Dec 2014 8:00 AM
- business
The government has asked the central bank to contribute towards efforts to reorganise and strengthen MKB Bank. Speaking at a press conference held with Prime Minister Viktor Orbán, György Matolcsy, the central bank governor, said the National Bank of Hungary would guarantee the “full liquidity” of MKB Bank recently acquired by the state.
NAV Employee Suspected Of Corruption Reported To Police
- 18 Dec 2014 8:00 AM
- business
An employee of Hungary’s tax office (NAV) suspected of corruption has been reported to the police, tabloid Blikk reported. The paper quoted a contractor who asked to remain anonymous referring to a recording which implicates the NAV employee in corruption.
Hungary Strives To Be “Least Infected” By Corruption
- 12 Dec 2014 8:00 AM
- business
The Hungarian government wants Hungary to be among the countries “least infected” by corruption, Sándor Pintér, the interior minister, told a conference. Corruption must be tackled by working together “in education, legal background work and also at an ethical level,” Pintér said, adding that this must happen within society and organisations such as police and prosecutors.
Transparency’s Hungary Corruption Index Unchanged
- 4 Dec 2014 8:00 AM
- business
Hungary stayed in 47th place on a list of 175 countries in Transparency International’s Corruption Perceptions Index 2014. The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is perceived to be.