446 result(s) for agreements
Foreign Currency Loans To Be Eliminated From The Hungarian Market By End Of 2014
- 8 Jul 2014 10:00 AM
- business
Foreign-currency denominated loans will be eliminated from Hungary's lending market by way of converting them to forint loans before the end of this year, Minister of National Economy Mihály Varga told public media on Monday. Based on a Supreme Court ruling, deeming the rate spread applied to foreign currency loan constructions unfair, Parliament adopted on Friday a bailout package. According to ...
Hungary’s Competition Authority GVH Raids Real Estate Agencies’ Offices
- 7 Jul 2014 9:00 AM
- property
The competition authority GVH raided the offices of leading real estate agencies Otthon Centrum and Duna House on Friday, as the two companies are suspected of forming a cartel. The companies agreed in 2013 to make their databases available to one another’s sales staff and websites.
OTP To Lend Budapest HUF 20 Billion
- 26 Jun 2014 9:00 AM
- business
Online daily napi.hu reports that Budapest has signed six loan agreements with the OTP Bank for a total of HUF 20 billion (USD 89 million), proceeds of which are to be used to help fill a huge hole in the city budget this year.
Huge MOL Share Package Up For Sale In Hungary
- 26 Jun 2014 9:00 AM
- business
Citigroup has been commissioned to hold an auction for the sale of 4% of MOL shares in the price range of Ft 11,800-12,200 each, the bank announced after the close of trading on Thursday. The market value of the 4.28 million shares is Ft 50-52 billion, which equals the last three months’ trading volume of the stock last, portfolio.hu observes.
Hungary Looks Into Opening Trade House In US
- 25 Jun 2014 9:00 AM
- business
Foreign trade chief Péter Szijjártó said it would be worth opening a trading house in the United States and that Hungary was already looking into the possibilities. He told commercial Gazdasági Rádio that structural changes were planned at the ministry, further trading houses would be opened, new strategic agreements would be signed and the system of incentives available to foreign companies ...
Hungary’s Banking Association Accepts “Unfair” Kúria Ruling
- 17 Jun 2014 9:00 AM
- business
Hungary’s Banking Association on Monday called “unfair” a decision by the Kúria concerning forex loan agreements, but said that it accepted the ruling. Levente Kovács, the association’s general secretary, insisted that including an exchange rate spread in foreign currency-denominated loan agreements was justified, and served to finance the “considerable cost of covering hard currency positions”.
Hungary Calls On Sudan To Drop Death Sentence Of Woman Charged With Apostasy
- 29 May 2014 3:00 AM
- current affairs
Hungary’s foreign ministry has called on Sudan’s authorities to withdraw a sentence under which a woman charged with apostasy faces execution. The ministry also called on Sudan to observe fundamental human rights and religious freedoms in line with international human rights agreements Sudan is signatory of.
Csepreghy: Hungarian Govt Obliged To Oversee Norway Grants Payments
- 29 May 2014 3:00 AM
- current affairs
The Hungarians government is obliged to oversee the disbursements of funds to Hungary under the EEA and Norway Grants scheme, state secretary Nándor Csepreghy said, reacting to a Wednesday statement by the Ökotárs foundation, which said that the director of the Brussels-based Financial Mechanism Office, the decisionmaking authority for the EEA Grants, had told cabinet chief János Lázár that ...
Norway, Liechtenstein, Iceland Suspend Disbursement Of Development Grants To Hungary
- 21 May 2014 9:00 AM
- current affairs
In the wake of state secretary Janos Lazar’s scathing attack on Norway for allegedly interfering in Hungary’s domestic politics, the following statement was posted yesterday on the EEA and Norway Grants website regarding the disbursement of development grants to Hungary.
Foreign Currency Loans To Be Eliminated From The Hungarian Market By End Of 2014
- 8 Jul 2014 10:00 AM
- business
Foreign-currency denominated loans will be eliminated from Hungary's lending market by way of converting them to forint loans before the end of this year, Minister of National Economy Mihály Varga told public media on Monday. Based on a Supreme Court ruling, deeming the rate spread applied to foreign currency loan constructions unfair, Parliament adopted on Friday a bailout package. According to ...
Hungary’s Competition Authority GVH Raids Real Estate Agencies’ Offices
- 7 Jul 2014 9:00 AM
- property
The competition authority GVH raided the offices of leading real estate agencies Otthon Centrum and Duna House on Friday, as the two companies are suspected of forming a cartel. The companies agreed in 2013 to make their databases available to one another’s sales staff and websites.
OTP To Lend Budapest HUF 20 Billion
- 26 Jun 2014 9:00 AM
- business
Online daily napi.hu reports that Budapest has signed six loan agreements with the OTP Bank for a total of HUF 20 billion (USD 89 million), proceeds of which are to be used to help fill a huge hole in the city budget this year.
Huge MOL Share Package Up For Sale In Hungary
- 26 Jun 2014 9:00 AM
- business
Citigroup has been commissioned to hold an auction for the sale of 4% of MOL shares in the price range of Ft 11,800-12,200 each, the bank announced after the close of trading on Thursday. The market value of the 4.28 million shares is Ft 50-52 billion, which equals the last three months’ trading volume of the stock last, portfolio.hu observes.
Hungary Looks Into Opening Trade House In US
- 25 Jun 2014 9:00 AM
- business
Foreign trade chief Péter Szijjártó said it would be worth opening a trading house in the United States and that Hungary was already looking into the possibilities. He told commercial Gazdasági Rádio that structural changes were planned at the ministry, further trading houses would be opened, new strategic agreements would be signed and the system of incentives available to foreign companies ...
Hungary’s Banking Association Accepts “Unfair” Kúria Ruling
- 17 Jun 2014 9:00 AM
- business
Hungary’s Banking Association on Monday called “unfair” a decision by the Kúria concerning forex loan agreements, but said that it accepted the ruling. Levente Kovács, the association’s general secretary, insisted that including an exchange rate spread in foreign currency-denominated loan agreements was justified, and served to finance the “considerable cost of covering hard currency positions”.
Hungary Calls On Sudan To Drop Death Sentence Of Woman Charged With Apostasy
- 29 May 2014 3:00 AM
- current affairs
Hungary’s foreign ministry has called on Sudan’s authorities to withdraw a sentence under which a woman charged with apostasy faces execution. The ministry also called on Sudan to observe fundamental human rights and religious freedoms in line with international human rights agreements Sudan is signatory of.
Csepreghy: Hungarian Govt Obliged To Oversee Norway Grants Payments
- 29 May 2014 3:00 AM
- current affairs
The Hungarians government is obliged to oversee the disbursements of funds to Hungary under the EEA and Norway Grants scheme, state secretary Nándor Csepreghy said, reacting to a Wednesday statement by the Ökotárs foundation, which said that the director of the Brussels-based Financial Mechanism Office, the decisionmaking authority for the EEA Grants, had told cabinet chief János Lázár that ...
Norway, Liechtenstein, Iceland Suspend Disbursement Of Development Grants To Hungary
- 21 May 2014 9:00 AM
- current affairs
In the wake of state secretary Janos Lazar’s scathing attack on Norway for allegedly interfering in Hungary’s domestic politics, the following statement was posted yesterday on the EEA and Norway Grants website regarding the disbursement of development grants to Hungary.