473 result(s) for assets
Central Bank Foundation To Obtain Historic Várkert Casino For EUR 10.5 M
- 7 Jul 2016 9:00 AM
- property
A foundation of the National Bank of Hungary will purchase the Várkert Casino building on the western waterfront of the Danube in central Budapest for a total of 10.5 million euros, the foundation announced on Wednesday. The Pallas Athene Domus Innovationis Foundation will use the historic building, a World Heritage site, to host scientific conferences, as well as contemporary art exhibitions and ...
The Pallas Athena Foundations: Real Estate Investments
- 4 Jul 2016 9:00 AM
- property
The Pallas Athena Foundations were established by the National Bank of Hungary (MNB) to “contribute to the common good” by funding a variety of educational programmes in different fields. Recently, the six foundations have begun to shift their capital from government bonds to real estate.
Hungary’s Competition Office Clears MNB Foundation’s Real Estate Purchases
- 30 Jun 2016 9:00 AM
- property
The Competition Office of Hungary (GVH) gave the go-ahead for the purchase of four new real estate properties by the National Bank of Hungary’s (MNB) controversial Pallas Athéné foundations (PADA), according to an update on the PADA website yesterday, Hungarian News Agency MTI reported.
Moody’s Upgrades Hungary’s Banking System Outlook To Positive
- 30 Jun 2016 9:00 AM
- business
Ratings agency Moody’s Investors Service upgraded the outlook of Hungary’s banking system to positive, the rating agency said today in a report entitled “Banking System Outlook - Hungary”. Moodyʼs noted, however, that government support for banks in the EU, including Hungary, is less certain under the provisions of the EUʼs Bank Recovery and Resolution Directive.
Gross Wages Rise 6.4% In April
- 22 Jun 2016 9:00 AM
- business
The average gross wage in Hungary was 264,471 forints (EUR 845) in April, up by 6.4% from the same month a year earlier, the Central Statistical Office (KSH) said. Net wage growth outpaced the increase, rising by 8.0% to 175,874 forints, because of a one percentage point cut in the personal income tax rate, to 15%, from January.
Paks Project Financier Faces Problems
- 17 Jun 2016 9:00 AM
- current affairs
Vnesheconombank the Russian lender chosen to finance the expansion of the Paks nuclear power plant, is facing serious financial difficulties, Bloomberg news agency reports. The bank needs a $20 billion bailout package, according to the report.
MNBʼs Foundations Said To Invest In Real Estate
- 17 Jun 2016 8:00 AM
- property
The National Bank of Hungary’s (MNB) controversial Pallas Athéné foundations (PADA) moved some of their endowment from government securities and bank deposits into real estate, according to the head of the investment company that manages the assets of the foundations, Hungarian news agency MTI reported.
MNB: Hungarian Banks See Profits Rise By 209% In Q1
- 27 May 2016 9:00 AM
- business
Combined first-quarter after-tax profit of Hungarian banks rose 209% compared to the same period a year earlier, reaching HUF 191.4 billion, data released by the National Bank of Hungary (MNB) today show, according to Hungarian news agency MTI.
Alexander Hacke & Danielle de Picciotto, A38 Ship, 20 May
- 18 May 2016 9:10 AM
- entertainment
Bass guitarist and music director of the Einstürzende Neubauten, Alexander Hacke has been performing lately most with his wife the Berlin-located visual and film artist and designer Danielle de Picciotto. Their latest album titled Perseverantia will be released in May, which they will present on their tour that will bring them back to the A38 Ship. One of the greatest masters of contemporary ...
Central Bank Foundation To Obtain Historic Várkert Casino For EUR 10.5 M
- 7 Jul 2016 9:00 AM
- property
A foundation of the National Bank of Hungary will purchase the Várkert Casino building on the western waterfront of the Danube in central Budapest for a total of 10.5 million euros, the foundation announced on Wednesday. The Pallas Athene Domus Innovationis Foundation will use the historic building, a World Heritage site, to host scientific conferences, as well as contemporary art exhibitions and ...
The Pallas Athena Foundations: Real Estate Investments
- 4 Jul 2016 9:00 AM
- property
The Pallas Athena Foundations were established by the National Bank of Hungary (MNB) to “contribute to the common good” by funding a variety of educational programmes in different fields. Recently, the six foundations have begun to shift their capital from government bonds to real estate.
Hungary’s Competition Office Clears MNB Foundation’s Real Estate Purchases
- 30 Jun 2016 9:00 AM
- property
The Competition Office of Hungary (GVH) gave the go-ahead for the purchase of four new real estate properties by the National Bank of Hungary’s (MNB) controversial Pallas Athéné foundations (PADA), according to an update on the PADA website yesterday, Hungarian News Agency MTI reported.
Moody’s Upgrades Hungary’s Banking System Outlook To Positive
- 30 Jun 2016 9:00 AM
- business
Ratings agency Moody’s Investors Service upgraded the outlook of Hungary’s banking system to positive, the rating agency said today in a report entitled “Banking System Outlook - Hungary”. Moodyʼs noted, however, that government support for banks in the EU, including Hungary, is less certain under the provisions of the EUʼs Bank Recovery and Resolution Directive.
Gross Wages Rise 6.4% In April
- 22 Jun 2016 9:00 AM
- business
The average gross wage in Hungary was 264,471 forints (EUR 845) in April, up by 6.4% from the same month a year earlier, the Central Statistical Office (KSH) said. Net wage growth outpaced the increase, rising by 8.0% to 175,874 forints, because of a one percentage point cut in the personal income tax rate, to 15%, from January.
Paks Project Financier Faces Problems
- 17 Jun 2016 9:00 AM
- current affairs
Vnesheconombank the Russian lender chosen to finance the expansion of the Paks nuclear power plant, is facing serious financial difficulties, Bloomberg news agency reports. The bank needs a $20 billion bailout package, according to the report.
MNBʼs Foundations Said To Invest In Real Estate
- 17 Jun 2016 8:00 AM
- property
The National Bank of Hungary’s (MNB) controversial Pallas Athéné foundations (PADA) moved some of their endowment from government securities and bank deposits into real estate, according to the head of the investment company that manages the assets of the foundations, Hungarian news agency MTI reported.
MNB: Hungarian Banks See Profits Rise By 209% In Q1
- 27 May 2016 9:00 AM
- business
Combined first-quarter after-tax profit of Hungarian banks rose 209% compared to the same period a year earlier, reaching HUF 191.4 billion, data released by the National Bank of Hungary (MNB) today show, according to Hungarian news agency MTI.
Alexander Hacke & Danielle de Picciotto, A38 Ship, 20 May
- 18 May 2016 9:10 AM
- entertainment
Bass guitarist and music director of the Einstürzende Neubauten, Alexander Hacke has been performing lately most with his wife the Berlin-located visual and film artist and designer Danielle de Picciotto. Their latest album titled Perseverantia will be released in May, which they will present on their tour that will bring them back to the A38 Ship. One of the greatest masters of contemporary ...
















