473 result(s) for assets
Hungary’s Gov Control Office Extends Probe Into Swiss Funds Managed By Ökotárs
- 12 Sep 2014 9:00 AM
- current affairs
The Government Control Office (Kehi) has extended its investigation into Ökotárs Foundation, an organisation coordinating the distribution of funds from the EEA/Norway Grants in Hungary, to include support received from the Swiss-Hungarian Cooperation Programme and from the central budget, the office said on Thursday.
Information Note: Norway Grants In Hungary
- 10 Sep 2014 9:00 AM
- current affairs
The EEA and Norway Grants are the financial contribution of Norway, Iceland and Liechtenstein to support the development of certain EU Member States. Hungary has been a recipient since 2004.
Hungarian Forint Weakens
- 29 Aug 2014 9:00 AM
- business
The forint traded at 315.77 to the euro late Thursday, a three-week low, down from 312.67 the previous day. Developments in Ukraine and betterthan- expected US economic data which market players say underpin expectations for a Fed rate hike, making emerging market assets less attractive, were possible reasons for the weakening, according to market players.
National Bank Of Hungary Paid HUF 17.8 Billion Not HUF 12 Billion For Eiffel Palace?
- 29 Aug 2014 1:00 AM
- property
The recent purchase of the luxurious Eiffel Palota office building (pictured) by the National Bank of Hungary (MNB) appears to have cost HUF 17.8 billion (USD 60 million) instead of the HUF 11-12 billion (USD 45 million) reported previously by online economical daily napi.hu.
Austria’s Raiffeisen Bank Not Planning To Leave Hungary
- 25 Aug 2014 9:00 AM
- business
Austria’s Raiffeisen Bank International (RBI) may leave Ukraine and Hungary in the future, but there are no specific plans to sell either one of these businesses at the moment, although both are under constant review, RBI’s CEO Karl Sevelda told news agencies, commenting on the group’s results published on Thursday.
Hungary’s Banking Sector Reports Enormous Q2 Losses
- 25 Aug 2014 4:00 AM
- business
Hungary’s banking sector reported enormous losses totaling HUF 361 billion (USD 1.57 billion) in Q2 2014 according to data released by the Hungarian National Bank (MNB) on Friday. This was mainly due to massive provisions against losses to cover the costs of refunding clients for past charges resulting from the currency spread and higher interest rates approved without the client’s consent.
Hungarians Freedom Fighters Say PM Orbán
- 21 Aug 2014 9:00 AM
- current affairs
Hungarians are freedom fighters who only feel good if they live in an “order of freedom”, Prime Minister Viktor Orbán said near Sopron on Tuesday. Addressing a commemoration, Orbán said the level of freedom has indisputably improved over the past 25 years and in this respect the democratic transition has earned top marks.
Opposition In Hungary Outraged By E.ON Deal Revelations
- 15 Aug 2014 9:00 AM
- current affairs
Jobbik joined left-wing parties yesterday in accusing Prime Minister Viktor Orbán of mismanaging Ft 600 billion of public funds by overpaying for gas storage facilities and their contents bought from German company E.ON last year.
Hungary’s Defense Minister, New Gov’t Office To Oversee National Holidays
- 14 Aug 2014 9:00 AM
- community & culture
Considering Prime Minister Viktor Orban’s recent pledge to create a workfare state, it may seem odd that Hungarians are to get a slew of new national holidays. However, the 11 new days “of elevated importance” will mean state-coordinated celebrations, but no extra days off work.
Hungary’s Gov Control Office Extends Probe Into Swiss Funds Managed By Ökotárs
- 12 Sep 2014 9:00 AM
- current affairs
The Government Control Office (Kehi) has extended its investigation into Ökotárs Foundation, an organisation coordinating the distribution of funds from the EEA/Norway Grants in Hungary, to include support received from the Swiss-Hungarian Cooperation Programme and from the central budget, the office said on Thursday.
Information Note: Norway Grants In Hungary
- 10 Sep 2014 9:00 AM
- current affairs
The EEA and Norway Grants are the financial contribution of Norway, Iceland and Liechtenstein to support the development of certain EU Member States. Hungary has been a recipient since 2004.
Hungarian Forint Weakens
- 29 Aug 2014 9:00 AM
- business
The forint traded at 315.77 to the euro late Thursday, a three-week low, down from 312.67 the previous day. Developments in Ukraine and betterthan- expected US economic data which market players say underpin expectations for a Fed rate hike, making emerging market assets less attractive, were possible reasons for the weakening, according to market players.
National Bank Of Hungary Paid HUF 17.8 Billion Not HUF 12 Billion For Eiffel Palace?
- 29 Aug 2014 1:00 AM
- property
The recent purchase of the luxurious Eiffel Palota office building (pictured) by the National Bank of Hungary (MNB) appears to have cost HUF 17.8 billion (USD 60 million) instead of the HUF 11-12 billion (USD 45 million) reported previously by online economical daily napi.hu.
Austria’s Raiffeisen Bank Not Planning To Leave Hungary
- 25 Aug 2014 9:00 AM
- business
Austria’s Raiffeisen Bank International (RBI) may leave Ukraine and Hungary in the future, but there are no specific plans to sell either one of these businesses at the moment, although both are under constant review, RBI’s CEO Karl Sevelda told news agencies, commenting on the group’s results published on Thursday.
Hungary’s Banking Sector Reports Enormous Q2 Losses
- 25 Aug 2014 4:00 AM
- business
Hungary’s banking sector reported enormous losses totaling HUF 361 billion (USD 1.57 billion) in Q2 2014 according to data released by the Hungarian National Bank (MNB) on Friday. This was mainly due to massive provisions against losses to cover the costs of refunding clients for past charges resulting from the currency spread and higher interest rates approved without the client’s consent.
Hungarians Freedom Fighters Say PM Orbán
- 21 Aug 2014 9:00 AM
- current affairs
Hungarians are freedom fighters who only feel good if they live in an “order of freedom”, Prime Minister Viktor Orbán said near Sopron on Tuesday. Addressing a commemoration, Orbán said the level of freedom has indisputably improved over the past 25 years and in this respect the democratic transition has earned top marks.
Opposition In Hungary Outraged By E.ON Deal Revelations
- 15 Aug 2014 9:00 AM
- current affairs
Jobbik joined left-wing parties yesterday in accusing Prime Minister Viktor Orbán of mismanaging Ft 600 billion of public funds by overpaying for gas storage facilities and their contents bought from German company E.ON last year.
Hungary’s Defense Minister, New Gov’t Office To Oversee National Holidays
- 14 Aug 2014 9:00 AM
- community & culture
Considering Prime Minister Viktor Orban’s recent pledge to create a workfare state, it may seem odd that Hungarians are to get a slew of new national holidays. However, the 11 new days “of elevated importance” will mean state-coordinated celebrations, but no extra days off work.