5,803 result(s) for bill
Easter Holiday Boosts Retail Sales In Hungary
- 3 Apr 2015 9:00 AM
- shopping
Retail sales in the run-up to the Easter holiday are expected to rise by 60 billion forints, about the same amount as last year, according to the National Retail Association (OKSZ). Last year’s retail sales around the holiday were up from 45 -50 billion in the preceding years, said OKSZ chief secretary György Vámos. This year’s sales were helped by the decision by some retailers to keep their ...
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.
Hungary's President Asked Not To Sign Broker Age Asset -Seizure Law
- 2 Apr 2015 9:00 AM
- current affairs
The opposition Socialists have asked President János Áder to withhold his signature from the law on seizing the assets of brokerages to compensate the victims of brokerage scandals because the law exempts Quaestor’s banking division. Deputy chairman of parliament’s legislative committee, Gergely Bárándy, told a joint press conference held with deputy Socialist group leader Bertalan Tóth that ...
Thousands Of Brokerage Jobs In Danger In Hungary
- 2 Apr 2015 9:00 AM
- business
The jobs of some 3,700 employees in 229 companies linked to the bankrupt brokerages Buda-Cash and Hungária Értékpapír are in danger, corporate data provider Opten said in a report issued yesterday. The affected companies were also active in public procurement tenders and over the last three years secured Ft 2.5 billion in EU subsidies.
Lazar Names Govt Agencies Impacted By Brokerage Scandals
- 2 Apr 2015 5:00 AM
- business
Cabinet chief János Lázár has mentioned the Prime Minister’s Office, the foreign ministry, the agricultural ministry, as well as a number of local governments as agencies that had financial dealings with brokerage companies. Lazar referred to a 17 billion forint (EUR 56m) loan granted by the Hungarian Development Bank under a previous, Socialist, government to now bankrupted Quaestor, as the ...
Swimming Complex For 2017 Aquatics Championships To Be Built In Budapest
- 1 Apr 2015 9:00 AM
- property
Parliament voted with 164 votes in favour, four against and two abstentions to adopt the government’s proposal of building a new state-of-the-art swimming pool adjacent to Budapest’s Dagály baths for the 2017 World Aquatics Championships.
Lawmakers Pass Law To Freeze Assets At Scandal-Ridden Firms
- 1 Apr 2015 9:00 AM
- current affairs
Lawmakers approved a bill which will allow the assets of companies and their executives linked to the recent brokerage scandals to be frozen. The measure will affect company groups, their top executives, members of their supervisory boards as well as some auditors. The bill submitted last week by Antal Rogán, head of the parliamentary group of the ruling Fidesz party, and Péter Harrach of the ...
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.
Xpat Opinion: Sunday Closing Law A Bad Idea
- 30 Mar 2015 9:00 AM
- shopping
By Tom Popper, Managing Editor, Budapest Business Journal: The Sunday closing law that came into effect March 15 is a bad idea. It only serves special interests, and it should be killed – by legislation or a referendum. The chorus of opposition to the Sunday closing law has mostly hit the same basic note: Forcing larger retailers to close on Sundays is bad for business and the economy.
Easter Holiday Boosts Retail Sales In Hungary
- 3 Apr 2015 9:00 AM
- shopping
Retail sales in the run-up to the Easter holiday are expected to rise by 60 billion forints, about the same amount as last year, according to the National Retail Association (OKSZ). Last year’s retail sales around the holiday were up from 45 -50 billion in the preceding years, said OKSZ chief secretary György Vámos. This year’s sales were helped by the decision by some retailers to keep their ...
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.
Hungary's President Asked Not To Sign Broker Age Asset -Seizure Law
- 2 Apr 2015 9:00 AM
- current affairs
The opposition Socialists have asked President János Áder to withhold his signature from the law on seizing the assets of brokerages to compensate the victims of brokerage scandals because the law exempts Quaestor’s banking division. Deputy chairman of parliament’s legislative committee, Gergely Bárándy, told a joint press conference held with deputy Socialist group leader Bertalan Tóth that ...
Thousands Of Brokerage Jobs In Danger In Hungary
- 2 Apr 2015 9:00 AM
- business
The jobs of some 3,700 employees in 229 companies linked to the bankrupt brokerages Buda-Cash and Hungária Értékpapír are in danger, corporate data provider Opten said in a report issued yesterday. The affected companies were also active in public procurement tenders and over the last three years secured Ft 2.5 billion in EU subsidies.
Lazar Names Govt Agencies Impacted By Brokerage Scandals
- 2 Apr 2015 5:00 AM
- business
Cabinet chief János Lázár has mentioned the Prime Minister’s Office, the foreign ministry, the agricultural ministry, as well as a number of local governments as agencies that had financial dealings with brokerage companies. Lazar referred to a 17 billion forint (EUR 56m) loan granted by the Hungarian Development Bank under a previous, Socialist, government to now bankrupted Quaestor, as the ...
Swimming Complex For 2017 Aquatics Championships To Be Built In Budapest
- 1 Apr 2015 9:00 AM
- property
Parliament voted with 164 votes in favour, four against and two abstentions to adopt the government’s proposal of building a new state-of-the-art swimming pool adjacent to Budapest’s Dagály baths for the 2017 World Aquatics Championships.
Lawmakers Pass Law To Freeze Assets At Scandal-Ridden Firms
- 1 Apr 2015 9:00 AM
- current affairs
Lawmakers approved a bill which will allow the assets of companies and their executives linked to the recent brokerage scandals to be frozen. The measure will affect company groups, their top executives, members of their supervisory boards as well as some auditors. The bill submitted last week by Antal Rogán, head of the parliamentary group of the ruling Fidesz party, and Péter Harrach of the ...
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.
Xpat Opinion: Sunday Closing Law A Bad Idea
- 30 Mar 2015 9:00 AM
- shopping
By Tom Popper, Managing Editor, Budapest Business Journal: The Sunday closing law that came into effect March 15 is a bad idea. It only serves special interests, and it should be killed – by legislation or a referendum. The chorus of opposition to the Sunday closing law has mostly hit the same basic note: Forcing larger retailers to close on Sundays is bad for business and the economy.