141 result(s) for bankruptcy
Govt Promises Free Meals For Poorer Kids In Hungary
- 10 Apr 2015 9:00 AM
- current affairs
Hungary’s crèches and kindergartens will offer poorer children three meals a day free of charge from September on, János Lázár, the cabinet chief, said. Some 320,000 children will be eligible for the free meals while welloff parents will still be charged for their children’s meals. On another subject, Lázár said that the government’s job protection scheme will be extended to farm workers in the ...
Video: Hungarian Government Denies Insider Trading
- 8 Apr 2015 9:00 AM
- business
Hungary's government denied insider trading after opposition members questioned a foreign ministry decision to withdraw state funds from a brokerage that filed for bankruptcy a few days later.
New Documents Reveal How Hungary’s Malév Went Bankrupt
- 3 Apr 2015 9:00 AM
- travel
A new Hungarian airline company under the name of Veritas should have been operational ten months before the Malév bankruptcy. However, this did not happen as state investors intentionally delayed the star while Malév was consuming an enormous amount of state funds recently published inside documents reveal about the 2012 Malév-case.
Billions Loaned To Quaestor Under Gyurcsány Govt, Says Fidesz
- 31 Mar 2015 9:00 AM
- business
Hungary’s Fidesz ruling party has proposed setting up a parliamentary sub-committee to investigate a government loan to the Quaestor brokerage made under the Socialist administration of Ferenc Gyurcsány.
If Viktor Orbán Can Survive Broker Scandal, He Can Survive Anything
- 30 Mar 2015 9:00 AM
- current affairs
Hungarian Prime Minister Viktor Orbán acknowledged on Wednesday that he himself ordered ministries to withdraw their money from brokerage firms. If the decision was based on inside information then the Prime Minister acknowledged committing a serious economic crime.
Hungary’s Foreign Ministry Denies Quaestor Withdrawal Insider Dealing
- 24 Mar 2015 3:00 AM
- current affairs
The foreign ministry and its affiliated organisations had no privileged information about the financial situation of the troubled brokerage Quaestor prior to its withdrawal of capital from the institution, the ministry said, adding that it had closed its investment account at Quaestor after the preceding Buda- Cash brokerage scandal emerged.
Audi Cancels Gyõr ETO Sponsorship
- 16 Mar 2015 8:00 AM
- sport
Car maker Audi announced on Saturday that it has cancelled its sponsorship contract with football club Gyõri ETO, due to the scandal of the Quaestor financial group. Quaestor owns the sports club, as well as its stadium, and the attached shopping mall and hotel.
Police Raid Quaestor Headquarters In Budapest
- 12 Mar 2015 8:00 AM
- current affairs
The National Bureau of Investigation yesterday raided the Budapest headquarters of brokerage Quaestor and initiated criminal proceedings against an unidentified person on suspicion of large-scale fraud. Chairman and CEO Csaba Tarsoly was in the office during the search and is co-operating with authorities, his lawyer said.
Police Launch Investigation Into Quaestor
- 12 Mar 2015 8:00 AM
- business
The Hungarian police have launched an investigation of brokerage Quaestor on suspicion of fraud, the National Police Headquarters said. Quaestor’s headquarters were raided as part of the investigation, the police said. Earlier in the day political parties clashed over the brokerage scandal.
Govt Promises Free Meals For Poorer Kids In Hungary
- 10 Apr 2015 9:00 AM
- current affairs
Hungary’s crèches and kindergartens will offer poorer children three meals a day free of charge from September on, János Lázár, the cabinet chief, said. Some 320,000 children will be eligible for the free meals while welloff parents will still be charged for their children’s meals. On another subject, Lázár said that the government’s job protection scheme will be extended to farm workers in the ...
Video: Hungarian Government Denies Insider Trading
- 8 Apr 2015 9:00 AM
- business
Hungary's government denied insider trading after opposition members questioned a foreign ministry decision to withdraw state funds from a brokerage that filed for bankruptcy a few days later.
New Documents Reveal How Hungary’s Malév Went Bankrupt
- 3 Apr 2015 9:00 AM
- travel
A new Hungarian airline company under the name of Veritas should have been operational ten months before the Malév bankruptcy. However, this did not happen as state investors intentionally delayed the star while Malév was consuming an enormous amount of state funds recently published inside documents reveal about the 2012 Malév-case.
Billions Loaned To Quaestor Under Gyurcsány Govt, Says Fidesz
- 31 Mar 2015 9:00 AM
- business
Hungary’s Fidesz ruling party has proposed setting up a parliamentary sub-committee to investigate a government loan to the Quaestor brokerage made under the Socialist administration of Ferenc Gyurcsány.
If Viktor Orbán Can Survive Broker Scandal, He Can Survive Anything
- 30 Mar 2015 9:00 AM
- current affairs
Hungarian Prime Minister Viktor Orbán acknowledged on Wednesday that he himself ordered ministries to withdraw their money from brokerage firms. If the decision was based on inside information then the Prime Minister acknowledged committing a serious economic crime.
Hungary’s Foreign Ministry Denies Quaestor Withdrawal Insider Dealing
- 24 Mar 2015 3:00 AM
- current affairs
The foreign ministry and its affiliated organisations had no privileged information about the financial situation of the troubled brokerage Quaestor prior to its withdrawal of capital from the institution, the ministry said, adding that it had closed its investment account at Quaestor after the preceding Buda- Cash brokerage scandal emerged.
Audi Cancels Gyõr ETO Sponsorship
- 16 Mar 2015 8:00 AM
- sport
Car maker Audi announced on Saturday that it has cancelled its sponsorship contract with football club Gyõri ETO, due to the scandal of the Quaestor financial group. Quaestor owns the sports club, as well as its stadium, and the attached shopping mall and hotel.
Police Raid Quaestor Headquarters In Budapest
- 12 Mar 2015 8:00 AM
- current affairs
The National Bureau of Investigation yesterday raided the Budapest headquarters of brokerage Quaestor and initiated criminal proceedings against an unidentified person on suspicion of large-scale fraud. Chairman and CEO Csaba Tarsoly was in the office during the search and is co-operating with authorities, his lawyer said.
Police Launch Investigation Into Quaestor
- 12 Mar 2015 8:00 AM
- business
The Hungarian police have launched an investigation of brokerage Quaestor on suspicion of fraud, the National Police Headquarters said. Quaestor’s headquarters were raided as part of the investigation, the police said. Earlier in the day political parties clashed over the brokerage scandal.