21 result(s) for bail in Business
40% of CEE Businesses Fear Bankruptcies Without Bailouts
- 17 Jan 2022 9:13 AM
- https://bbj.hu/
- business
According to an analysis by credit insurance company Atradius, 39% of companies in Central and Eastern Europe fear that with the expected withdrawal of government bailouts, there will be more bankruptcies this year, according to profitline.hu.
Court Rejects Zsolnay Liquidation Request
- 26 Jul 2016 9:00 AM
- business
A court in western Hungary has rejected a bailiff’s request to liquidate porcelain maker Zsolnay, the company’s counsel told MTI. The company was informed of the decision in a fax from the Zalaegerszeg court on Friday, Imre Bodnár said, confirming a report on the website of daily Népszabadság.
Varga: No Hurry To Adopt Euro In Hungary
- 25 Jul 2016 9:00 AM
- business
Hungary’s economy minister has said that there is no need to hurry to adopt the euro. Unless the level of development of the country’s economy reaches the European average, the move could be detrimental, he said. Mihály Varga said in an interview: “We can have the euro, but we won’t for the time being.”
Varga: Hungary To Rely More On Domestic Funding
- 22 Jul 2016 9:00 AM
- business
Hungary will in future rely more on domestic resources in stimulating economic growth over external and EU funding, the economy minister said in Băile Tuşnad (Tusnádfürdő), in central Romania. Mihály Varga noted subsidies the Hungarian government had adopted to support industry development, households and home building.
Hungarian Forint Firms To Euro On Greek Debt Deal
- 13 Jul 2015 12:00 PM
- business
The forint traded at 310.30 to the euro around 10 in the morning on Monday, firming from 311.58 late Friday on news of a deal reached between Greece and its creditors after negotiations that lasted through the night. The Hungarian unit weakened to 279.74 from 278.78 against the dollar, but strengthened to 295.68 from 296.56 against the Swiss franc.
Hungary Allocates Ft 1.8bn To Repay EU Funds
- 22 Apr 2015 9:00 AM
- business
The government is providing Ft 1.8 billion to 140 local authorities who have been ordered to repay EU funds after the European anti-fraud office OLAF found that the funds had been used illegally. The smallest bailout is Ft 4.2 million and the largest Ft 30 million, mostly concerning construction of playgrounds in 2008-09.
Former MNB Vice-Governor: Hungary Needs A Miracle
- 25 Aug 2014 9:00 AM
- business
Hungary’s national debt of 85.1% of GDP is so high that it will take a miracle for the government to avoid breaking its own constitutional stipulation that it set out in the Basic Law, former National Bank of Hungary (MNB) vice-governor Zoltán Bodnár said this week.
Minister Varga Brushes Off Concern Banks Would Leave Hungary
- 29 Jul 2014 9:00 AM
- business
Measures to bail out troubled forex loan holders will not put Hungary’s banking system at risk, the economy minister said in an interview published in Monday’s business daily Világgazdaság. Banks in Hungary do not have the slightest intention of pulling out of the country, Mihály Varga said.
Hungarian Government To Buy MKB Bank
- 25 Jul 2014 9:00 AM
- business
MKB owner BayernLB has agreed to sell the Hungarian bank to the government for €55 million, it was announced yesterday in Munich and Budapest. As part of the deal, BayernLB will cancel the €270 million debt owed to it by MKB.
40% of CEE Businesses Fear Bankruptcies Without Bailouts
- 17 Jan 2022 9:13 AM
- https://bbj.hu/
- business
According to an analysis by credit insurance company Atradius, 39% of companies in Central and Eastern Europe fear that with the expected withdrawal of government bailouts, there will be more bankruptcies this year, according to profitline.hu.
Court Rejects Zsolnay Liquidation Request
- 26 Jul 2016 9:00 AM
- business
A court in western Hungary has rejected a bailiff’s request to liquidate porcelain maker Zsolnay, the company’s counsel told MTI. The company was informed of the decision in a fax from the Zalaegerszeg court on Friday, Imre Bodnár said, confirming a report on the website of daily Népszabadság.
Varga: No Hurry To Adopt Euro In Hungary
- 25 Jul 2016 9:00 AM
- business
Hungary’s economy minister has said that there is no need to hurry to adopt the euro. Unless the level of development of the country’s economy reaches the European average, the move could be detrimental, he said. Mihály Varga said in an interview: “We can have the euro, but we won’t for the time being.”
Varga: Hungary To Rely More On Domestic Funding
- 22 Jul 2016 9:00 AM
- business
Hungary will in future rely more on domestic resources in stimulating economic growth over external and EU funding, the economy minister said in Băile Tuşnad (Tusnádfürdő), in central Romania. Mihály Varga noted subsidies the Hungarian government had adopted to support industry development, households and home building.
Hungarian Forint Firms To Euro On Greek Debt Deal
- 13 Jul 2015 12:00 PM
- business
The forint traded at 310.30 to the euro around 10 in the morning on Monday, firming from 311.58 late Friday on news of a deal reached between Greece and its creditors after negotiations that lasted through the night. The Hungarian unit weakened to 279.74 from 278.78 against the dollar, but strengthened to 295.68 from 296.56 against the Swiss franc.
Hungary Allocates Ft 1.8bn To Repay EU Funds
- 22 Apr 2015 9:00 AM
- business
The government is providing Ft 1.8 billion to 140 local authorities who have been ordered to repay EU funds after the European anti-fraud office OLAF found that the funds had been used illegally. The smallest bailout is Ft 4.2 million and the largest Ft 30 million, mostly concerning construction of playgrounds in 2008-09.
Former MNB Vice-Governor: Hungary Needs A Miracle
- 25 Aug 2014 9:00 AM
- business
Hungary’s national debt of 85.1% of GDP is so high that it will take a miracle for the government to avoid breaking its own constitutional stipulation that it set out in the Basic Law, former National Bank of Hungary (MNB) vice-governor Zoltán Bodnár said this week.
Minister Varga Brushes Off Concern Banks Would Leave Hungary
- 29 Jul 2014 9:00 AM
- business
Measures to bail out troubled forex loan holders will not put Hungary’s banking system at risk, the economy minister said in an interview published in Monday’s business daily Világgazdaság. Banks in Hungary do not have the slightest intention of pulling out of the country, Mihály Varga said.
Hungarian Government To Buy MKB Bank
- 25 Jul 2014 9:00 AM
- business
MKB owner BayernLB has agreed to sell the Hungarian bank to the government for €55 million, it was announced yesterday in Munich and Budapest. As part of the deal, BayernLB will cancel the €270 million debt owed to it by MKB.