265 result(s) for bankrupt
PM’s Office Buys Landmark On Budapest Andrássy Avenue
- 31 Oct 2015 8:00 AM
- property
On behalf of the Prime Minister’s Office, state-owned bank MFB has purchased the Paris Department Store, a historic Art Nouveau building on Budapestʼs Andrássy út, for an undisclosed amount, making the “Divatcsarnok” a state-owned property once again, Hungarian online daily napi.hu reported.
State Reacquires Historic Budapest Department Store
- 29 Oct 2015 8:00 AM
- property
The state has reacquired Paris Department Store, a historic Art Nouveau-style building in the centre of Budapest, news portal napi.hu reported. The state has exercised its preemption right for the property through MFB-Ingatlanfejlesztő, the property development unit of the state-owned development bank MFB, the Prime Minister’s Office’s press department told napi.hu.
Xpat Opinion: Hungarian Media Scene Is Still In Flux
- 6 Aug 2015 8:58 AM
- business
Although the Hungarian government’s only concern of late seems to be how to keep asylum seekers out of the country, I don’t want to succumb to the same tunnel vision. And so today I’m turning to the state of the Hungarian media. So-called public (közszolgálati) television and radio are by now mere mouthpieces of government propaganda. Magyar Rádió is still, by default, the station that most ...
Price Of Milk Continues To Fall In Hungary
- 20 Jun 2015 9:00 AM
- shopping
The bulk purchasing price of milk was 100 forints per litre a year ago but earlier agreed contractual prices have fallen to 75-77 per litre and spot market prices are as low as 72-73 forints per litre, business daily Világgazdaság reported. Production costs for most range between 95- 98 forints per litre according to the paper and only subsidies are keeping many producers from going bankrupt.
Hungarian Government Is Not Happy About Building A Fence
- 19 Jun 2015 9:00 AM
- current affairs
The Government is not happy about building a fence along the Hungarian-Serbian border, but cannot wait; it must guarantee the security of the country, which includes the protection of its borders, János Lázár, the Minister heading the Prime Minister’s Office said at his press conference „Governmentinfo 13. What does the Government do and why?” held jointly with András Giró-Szász, State Secretary ...
Lázár Calls On Hungary’s Former PM Gyurcsány To “Come Clean” On Altus Consortium
- 19 Jun 2015 9:00 AM
- current affairs
The government office chief has called on Ferenc Gyurcsány, leader of the opposition Democratic Coalition, to come clean concerning the membership of the consortium in charge of a project which won a European Union contract through Gyurcsány’s company Altus.
House Speaker: Hungary’s Economic Recovery Harms Certain Foreign Interests
- 19 May 2015 9:00 AM
- business
Hungary’s interest representation capability in many respects is worse than at any time in the past 25 years because it chose a road to economic recovery which has harmed foreign interests, Speaker of Parliament László Kövér told public radio. In an interview to Kossuth Radio, Kövér said the first Fidesz government in the period 1998-2002 was able to represent the country’s interests with the ...
Hungary’s Interest Representation Capability At Low Point
- 19 May 2015 9:00 AM
- current affairs
Hungary’s interest representation capability in many respects is worse than at any time in the past 25 years because it chose a road to economic recovery which has harmed foreign interests, Speaker of Parliament László Kövér told public radio. In an interview to Kossuth Radio, Kövér said the first Fidesz government in the period 1998-2002 was able to represent the country’s interests with the ...
Over 100,000 Hungarian Stuck With FX Loans
- 8 May 2015 9:00 AM
- business
An estimated 182,000 foreign-currency debtors can not pay back their loans, of whom 100,000 are not helped by the conversion of foreign-currency mortgage loans or other state assistance, MNB deputy governor Ádám Balog announced at a Thursday conference.
PM’s Office Buys Landmark On Budapest Andrássy Avenue
- 31 Oct 2015 8:00 AM
- property
On behalf of the Prime Minister’s Office, state-owned bank MFB has purchased the Paris Department Store, a historic Art Nouveau building on Budapestʼs Andrássy út, for an undisclosed amount, making the “Divatcsarnok” a state-owned property once again, Hungarian online daily napi.hu reported.
State Reacquires Historic Budapest Department Store
- 29 Oct 2015 8:00 AM
- property
The state has reacquired Paris Department Store, a historic Art Nouveau-style building in the centre of Budapest, news portal napi.hu reported. The state has exercised its preemption right for the property through MFB-Ingatlanfejlesztő, the property development unit of the state-owned development bank MFB, the Prime Minister’s Office’s press department told napi.hu.
Xpat Opinion: Hungarian Media Scene Is Still In Flux
- 6 Aug 2015 8:58 AM
- business
Although the Hungarian government’s only concern of late seems to be how to keep asylum seekers out of the country, I don’t want to succumb to the same tunnel vision. And so today I’m turning to the state of the Hungarian media. So-called public (közszolgálati) television and radio are by now mere mouthpieces of government propaganda. Magyar Rádió is still, by default, the station that most ...
Price Of Milk Continues To Fall In Hungary
- 20 Jun 2015 9:00 AM
- shopping
The bulk purchasing price of milk was 100 forints per litre a year ago but earlier agreed contractual prices have fallen to 75-77 per litre and spot market prices are as low as 72-73 forints per litre, business daily Világgazdaság reported. Production costs for most range between 95- 98 forints per litre according to the paper and only subsidies are keeping many producers from going bankrupt.
Hungarian Government Is Not Happy About Building A Fence
- 19 Jun 2015 9:00 AM
- current affairs
The Government is not happy about building a fence along the Hungarian-Serbian border, but cannot wait; it must guarantee the security of the country, which includes the protection of its borders, János Lázár, the Minister heading the Prime Minister’s Office said at his press conference „Governmentinfo 13. What does the Government do and why?” held jointly with András Giró-Szász, State Secretary ...
Lázár Calls On Hungary’s Former PM Gyurcsány To “Come Clean” On Altus Consortium
- 19 Jun 2015 9:00 AM
- current affairs
The government office chief has called on Ferenc Gyurcsány, leader of the opposition Democratic Coalition, to come clean concerning the membership of the consortium in charge of a project which won a European Union contract through Gyurcsány’s company Altus.
House Speaker: Hungary’s Economic Recovery Harms Certain Foreign Interests
- 19 May 2015 9:00 AM
- business
Hungary’s interest representation capability in many respects is worse than at any time in the past 25 years because it chose a road to economic recovery which has harmed foreign interests, Speaker of Parliament László Kövér told public radio. In an interview to Kossuth Radio, Kövér said the first Fidesz government in the period 1998-2002 was able to represent the country’s interests with the ...
Hungary’s Interest Representation Capability At Low Point
- 19 May 2015 9:00 AM
- current affairs
Hungary’s interest representation capability in many respects is worse than at any time in the past 25 years because it chose a road to economic recovery which has harmed foreign interests, Speaker of Parliament László Kövér told public radio. In an interview to Kossuth Radio, Kövér said the first Fidesz government in the period 1998-2002 was able to represent the country’s interests with the ...
Over 100,000 Hungarian Stuck With FX Loans
- 8 May 2015 9:00 AM
- business
An estimated 182,000 foreign-currency debtors can not pay back their loans, of whom 100,000 are not helped by the conversion of foreign-currency mortgage loans or other state assistance, MNB deputy governor Ádám Balog announced at a Thursday conference.


















