826 result(s) for banks
Rogán: “We Must Defend” Utility Bill Cuts In Hungary
- 5 Feb 2015 2:00 AM
- current affairs
Ruling Fidesz parliamentary group leader Antal Rogán outlined top priorities for the government in interviews to public television and radio, declaring the defence of low household utility bills and improving the standard of living of wage and salary earners among them.
IMF Issues Concluding Statement On Hungary
- 4 Feb 2015 8:01 AM
- current affairs
Hungary’s economy is coming back from the crisis but the road to strong, sustained activity and higher private sector employment is still a long one. Macroeconomic policies have contributed to a welcome reduction in vulnerabilities, strong growth and a reduction in unemployment. But the country remains susceptible to shocks and its medium-term growth prospects are subdued.
Hungary’s Top Court Rejects Request To Annul Parts Of Retail Loan Contracts Law
- 30 Jan 2015 8:00 AM
- property
Hungary’s Constitutional Court has rejected a request to annul some parts of legislation on retail loan contracts. The Metropolitan Appeals Court had submitted the request in connection with court cases involving four banks. The request was made based on the argument that the legislation violated the principles of the division of power and legal security.
Lending Scheme To Be Expanded To Large Companies In Hungary
- 27 Jan 2015 8:00 AM
- business
The MNB would like to extend its present funding for growth program aiming at SMEs to include large companies, central bank governor György Matolcsy told the state radio.
24,200 Homes Offered For Troubled Borrowers In Hungary
- 19 Jan 2015 8:00 AM
- property
More than 24,200 homes have been offered by borrowers for purchase by the state under the government’s NET assistance programme for troubled borrowers by the end of 2014, the National Asset Management Agency (NET) said. Of the homes offered, NET bought 13,927 properties. It refused 1,700 applications, mainly because they did not meet the legal requirements.
Swiss Central Bank Move Sends Hungarian Forint Tumbling
- 16 Jan 2015 8:00 AM
- business
The forint sank to new all-time lows against the euro and the Swiss franc yesterday after Switzerland’s central bank stunned markets by scrapping the ceiling on its currency, in place since 2011. The Swiss franc surged to 0.85 per euro from 1.20, a 40% gain, before stabilising at parity with the euro.
Xpat Opinion: Without Foreigners, We Dance Alone
- 15 Jan 2015 2:40 AM
- current affairs
By Tom Popper, Managing Editor, Budapest Business Journal: Back in May 2012, Prime Minister Viktor Orbán famously spoke of the “peacock dance” of diplomacy, in which one seeks to remain friendly with foreign powers, even while acting against their wishes.
Xpat Opinion: President Putin To Visit Hungary
- 10 Jan 2015 8:00 AM
- current affairs
The leading left-wing daily fears that Vladimir Putin’s March visit, announced this week, is another indication of the Hungarian government’s Eastern orientation. A conservative analyst points out that Hungary needs to maintain good relations with both Germany and Russia. Another left-wing commentator suspects that PM Orbán may want to revise the 1994 Budapest Memorandum on Ukraine.
Lenders Weigh Court Defence Of Unilateral Changes To Forint Loan Contracts
- 7 Jan 2015 8:00 AM
- business
OTP Bank and Erste Bank are considering legal recourse regarding the settlement of compensation for unilateral changes to forint loan contracts, and K and H Bank already plans to file a case, the lenders said. The press department of Budapest’s Municipal Court said no cases had been filed so far.
Rogán: “We Must Defend” Utility Bill Cuts In Hungary
- 5 Feb 2015 2:00 AM
- current affairs
Ruling Fidesz parliamentary group leader Antal Rogán outlined top priorities for the government in interviews to public television and radio, declaring the defence of low household utility bills and improving the standard of living of wage and salary earners among them.
IMF Issues Concluding Statement On Hungary
- 4 Feb 2015 8:01 AM
- current affairs
Hungary’s economy is coming back from the crisis but the road to strong, sustained activity and higher private sector employment is still a long one. Macroeconomic policies have contributed to a welcome reduction in vulnerabilities, strong growth and a reduction in unemployment. But the country remains susceptible to shocks and its medium-term growth prospects are subdued.
Hungary’s Top Court Rejects Request To Annul Parts Of Retail Loan Contracts Law
- 30 Jan 2015 8:00 AM
- property
Hungary’s Constitutional Court has rejected a request to annul some parts of legislation on retail loan contracts. The Metropolitan Appeals Court had submitted the request in connection with court cases involving four banks. The request was made based on the argument that the legislation violated the principles of the division of power and legal security.
Lending Scheme To Be Expanded To Large Companies In Hungary
- 27 Jan 2015 8:00 AM
- business
The MNB would like to extend its present funding for growth program aiming at SMEs to include large companies, central bank governor György Matolcsy told the state radio.
24,200 Homes Offered For Troubled Borrowers In Hungary
- 19 Jan 2015 8:00 AM
- property
More than 24,200 homes have been offered by borrowers for purchase by the state under the government’s NET assistance programme for troubled borrowers by the end of 2014, the National Asset Management Agency (NET) said. Of the homes offered, NET bought 13,927 properties. It refused 1,700 applications, mainly because they did not meet the legal requirements.
Swiss Central Bank Move Sends Hungarian Forint Tumbling
- 16 Jan 2015 8:00 AM
- business
The forint sank to new all-time lows against the euro and the Swiss franc yesterday after Switzerland’s central bank stunned markets by scrapping the ceiling on its currency, in place since 2011. The Swiss franc surged to 0.85 per euro from 1.20, a 40% gain, before stabilising at parity with the euro.
Xpat Opinion: Without Foreigners, We Dance Alone
- 15 Jan 2015 2:40 AM
- current affairs
By Tom Popper, Managing Editor, Budapest Business Journal: Back in May 2012, Prime Minister Viktor Orbán famously spoke of the “peacock dance” of diplomacy, in which one seeks to remain friendly with foreign powers, even while acting against their wishes.
Xpat Opinion: President Putin To Visit Hungary
- 10 Jan 2015 8:00 AM
- current affairs
The leading left-wing daily fears that Vladimir Putin’s March visit, announced this week, is another indication of the Hungarian government’s Eastern orientation. A conservative analyst points out that Hungary needs to maintain good relations with both Germany and Russia. Another left-wing commentator suspects that PM Orbán may want to revise the 1994 Budapest Memorandum on Ukraine.
Lenders Weigh Court Defence Of Unilateral Changes To Forint Loan Contracts
- 7 Jan 2015 8:00 AM
- business
OTP Bank and Erste Bank are considering legal recourse regarding the settlement of compensation for unilateral changes to forint loan contracts, and K and H Bank already plans to file a case, the lenders said. The press department of Budapest’s Municipal Court said no cases had been filed so far.