732 result(s) for asset
Jobbik MEP’s Spying Scandal Most Serious Corruption Case In Democratic Hungarian Politics
- 26 Oct 2015 8:00 AM
- current affairs
The case of Béla Kovács, a Hungarian MEP for the radical nationalist Jobbik party who is accused of spying, is the biggest political corruption scandal of the post-communist era, Lajos Kósa, the leader of the ruling centre-right Fidesz party’s parliamentary group, has said. Mr. Kovács’s immunity was lifted by the European Parliament last week.
Hungary’s Asset Manager Holds 20,000 Homes
- 26 Oct 2015 8:00 AM
- property
National asset manager Nemzeti Eszközkezelő holds almost 20,000 foreclosed homes, after acquiring some 5,000 properties in the period of January-September, Hungarian daily Magyar Idők said. The company told the paper that since it began operations in 2012, its debtor bailout option has helped borrowers struggling with foreign currency loan repayments to get rid of a combined HUF 160 bln in ...
Hungarian National Bank Outlaws Asset Manager
- 19 Oct 2015 9:00 AM
- business
The MNB has banned the activities of asset manager Riches Builder and Seychelles-registered Riches Builder Investment and fined them Ft 338 million for collecting deposits without a licence. The two companies promised outstandingly high yields and repayment guarantees. An aggravating factor in the case was that the companies did not co-operate fully with the MNB during the investigation. The ...
Hungarian Forint Liquidity Of Banking Sector Falls In Sept
- 13 Oct 2015 9:00 AM
- business
Forint liquidity of Hungary’s banking sector fell in September from a month earlier, reflected mainly in the lower average stocks of two-week central bank deposits, the National Bank of Hungary said in a report. The average stock of two-week deposits decreased by 241.8 billion forints to 4,290 billion, the report based on preliminary data shows. The average stock of external assets fell by 350 ...
Tesco Expected To Continue Operations In Hungary
- 8 Oct 2015 2:40 AM
- shopping
Supermarket chain Tesco has concluded its portfolio reshaping and it can be expected that Tesco will continue its operations in central Europe. Earlier in September press reports speculated that Tesco could pull out of Slovakia, the Czech Republic, Hungary and Poland in the coming months.
Xpat Interview: Peter Szilagyi, Associate Professor of Finance at CEU Business School
- 6 Oct 2015 12:00 PM
Peter Szilagyi is Associate Professor of Finance at CEU Business School, and Director of the MSc in Finance program. The MSc in Finance is a one-year program with the possibility to extend, and runs both full and part-time. The next program starts in February 2016, with applications accepted until December 1.
Hungary May Become Central-Europe’s Growth Hub
- 5 Oct 2015 11:00 AM
- business
Hungary has the capacity to become Central-Europe’s growth hub, Prime Minister Viktor Orbán said at the opening ceremony of the Bank of China’s RMB clearing centre in Hungary. Let us believe the Chinese (...), if they chose Budapest as their regional centre, there must plenty of steam, potential and future in this country (...). We are able to increase even our current economic performance, with ...
Former State Official Sentenced To Years For Sukoro Graft In Hungary
- 1 Oct 2015 9:02 AM
- current affairs
A court sentenced Miklós Tátrai, former head of the state asset management company (MNV), to four years in prison for causing damages to the state in connection with a planned casino investment near the village of Sukoró, next to Lake Velence, in central Hungary. The secondary defendant, Zsolt Császy, a former MNV sales executive, was charged as an accomplice in document fraud and given a ...
One World, One Humanity: Promoting Empathy
- 26 Sep 2015 10:00 AM
- community & culture
"This presentation seeks to promote empathy and understanding between groups in conflict. This is based in part on recent research conducted worldwide.
Empathy is defined as: “the capacity to recognise emotions, thoughts and attitudes that are being experienced by others.” It should lead to greater understanding of others whether individuals or in groups. Two types of empathy are distinguished, ...
Jobbik MEP’s Spying Scandal Most Serious Corruption Case In Democratic Hungarian Politics
- 26 Oct 2015 8:00 AM
- current affairs
The case of Béla Kovács, a Hungarian MEP for the radical nationalist Jobbik party who is accused of spying, is the biggest political corruption scandal of the post-communist era, Lajos Kósa, the leader of the ruling centre-right Fidesz party’s parliamentary group, has said. Mr. Kovács’s immunity was lifted by the European Parliament last week.
Hungary’s Asset Manager Holds 20,000 Homes
- 26 Oct 2015 8:00 AM
- property
National asset manager Nemzeti Eszközkezelő holds almost 20,000 foreclosed homes, after acquiring some 5,000 properties in the period of January-September, Hungarian daily Magyar Idők said. The company told the paper that since it began operations in 2012, its debtor bailout option has helped borrowers struggling with foreign currency loan repayments to get rid of a combined HUF 160 bln in ...
Hungarian National Bank Outlaws Asset Manager
- 19 Oct 2015 9:00 AM
- business
The MNB has banned the activities of asset manager Riches Builder and Seychelles-registered Riches Builder Investment and fined them Ft 338 million for collecting deposits without a licence. The two companies promised outstandingly high yields and repayment guarantees. An aggravating factor in the case was that the companies did not co-operate fully with the MNB during the investigation. The ...
Hungarian Forint Liquidity Of Banking Sector Falls In Sept
- 13 Oct 2015 9:00 AM
- business
Forint liquidity of Hungary’s banking sector fell in September from a month earlier, reflected mainly in the lower average stocks of two-week central bank deposits, the National Bank of Hungary said in a report. The average stock of two-week deposits decreased by 241.8 billion forints to 4,290 billion, the report based on preliminary data shows. The average stock of external assets fell by 350 ...
Tesco Expected To Continue Operations In Hungary
- 8 Oct 2015 2:40 AM
- shopping
Supermarket chain Tesco has concluded its portfolio reshaping and it can be expected that Tesco will continue its operations in central Europe. Earlier in September press reports speculated that Tesco could pull out of Slovakia, the Czech Republic, Hungary and Poland in the coming months.
Xpat Interview: Peter Szilagyi, Associate Professor of Finance at CEU Business School
- 6 Oct 2015 12:00 PM
Peter Szilagyi is Associate Professor of Finance at CEU Business School, and Director of the MSc in Finance program. The MSc in Finance is a one-year program with the possibility to extend, and runs both full and part-time. The next program starts in February 2016, with applications accepted until December 1.
Hungary May Become Central-Europe’s Growth Hub
- 5 Oct 2015 11:00 AM
- business
Hungary has the capacity to become Central-Europe’s growth hub, Prime Minister Viktor Orbán said at the opening ceremony of the Bank of China’s RMB clearing centre in Hungary. Let us believe the Chinese (...), if they chose Budapest as their regional centre, there must plenty of steam, potential and future in this country (...). We are able to increase even our current economic performance, with ...
Former State Official Sentenced To Years For Sukoro Graft In Hungary
- 1 Oct 2015 9:02 AM
- current affairs
A court sentenced Miklós Tátrai, former head of the state asset management company (MNV), to four years in prison for causing damages to the state in connection with a planned casino investment near the village of Sukoró, next to Lake Velence, in central Hungary. The secondary defendant, Zsolt Császy, a former MNV sales executive, was charged as an accomplice in document fraud and given a ...
One World, One Humanity: Promoting Empathy
- 26 Sep 2015 10:00 AM
- community & culture
"This presentation seeks to promote empathy and understanding between groups in conflict. This is based in part on recent research conducted worldwide.
Empathy is defined as: “the capacity to recognise emotions, thoughts and attitudes that are being experienced by others.” It should lead to greater understanding of others whether individuals or in groups. Two types of empathy are distinguished, ...