262 result(s) for bankrupt
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.
Government To Wind Up Toxic Waste Dump Site In Budapest’s 9th District
- 8 May 2015 9:00 AM
- current affairs
Pest county prefect Richárd Tornai told InfoRadio on Monday that the government would remove some 17o tons of toxic waste illegally stored in unsafe conditions in Budapest’s 9th District by the end of May. The remaining 2500 tons of waste are to be removed in the weeks and months to follow. On April 9th Hungarian news site 444.hu broke the story that hundreds of barrels of toxic waste were being ...
Hungarian Party LMP Presses Ministry To Release List Of Diplomatic Passports
- 27 Apr 2015 10:00 AM
- current affairs
The opposition LMP party is filing a lawsuit in a bid to force the foreign ministry to reveal a list of diplomatic passport-holders over the past five years. Bernadett Szél, LMP’s coleader, noted in a statement on Friday that Csaba Tarsoly, the owner of bankrupted brokerage firm Quaestor now under arrest on suspicion of fraud, had made several trips around the world using a diplomatic passport ...
Hungary’s State-Owned Hospitals Haven’t Paid Suppliers For 4 Months
- 21 Apr 2015 9:00 AM
- health & wellness
Mounting arrears to suppliers on the part of state-owned hospitals has left at least one service provider little choice but to shut down all laboratory services except those critical to saving life. Another company is seriously disappointed politically in the Fidesz government’s neglect of Hungary’s public health care system despite promising to introduce important reforms in 2010.
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.
Government To Wind Up Toxic Waste Dump Site In Budapest’s 9th District
- 8 May 2015 9:00 AM
- current affairs
Pest county prefect Richárd Tornai told InfoRadio on Monday that the government would remove some 17o tons of toxic waste illegally stored in unsafe conditions in Budapest’s 9th District by the end of May. The remaining 2500 tons of waste are to be removed in the weeks and months to follow. On April 9th Hungarian news site 444.hu broke the story that hundreds of barrels of toxic waste were being ...
Hungarian Party LMP Presses Ministry To Release List Of Diplomatic Passports
- 27 Apr 2015 10:00 AM
- current affairs
The opposition LMP party is filing a lawsuit in a bid to force the foreign ministry to reveal a list of diplomatic passport-holders over the past five years. Bernadett Szél, LMP’s coleader, noted in a statement on Friday that Csaba Tarsoly, the owner of bankrupted brokerage firm Quaestor now under arrest on suspicion of fraud, had made several trips around the world using a diplomatic passport ...
Hungary’s State-Owned Hospitals Haven’t Paid Suppliers For 4 Months
- 21 Apr 2015 9:00 AM
- health & wellness
Mounting arrears to suppliers on the part of state-owned hospitals has left at least one service provider little choice but to shut down all laboratory services except those critical to saving life. Another company is seriously disappointed politically in the Fidesz government’s neglect of Hungary’s public health care system despite promising to introduce important reforms in 2010.