2,399 result(s) for billion forint
National Bank of Hungary To Launch Growth Supporting Programme
- 4 Nov 2015 8:00 AM
- business
The National Bank of Hungary will launch a Growth Supporting Programme (GSP) in January with the aim of increasing the banking sector’s lending to small and medium-sized firms by 250-400 billion forints, or 5-10% of total corporate lending stock, in 2016. The GSP comprises the final phase of the NBH’s Funding for Growth Scheme (FGS) as well as a package of incentives for active lenders dubbed the ...
Nearly 1,000 EU - Financed Development Projects Delayed
- 4 Nov 2015 3:00 AM
- business
A total of 962 development projects co-financed by the European Union are currently delayed, business daily Világgazdaság reported. Citing cabinet office information, the paper said that at the end of the third quarter the state sector and local councils were 150 billion forints (EUR 480m) behind schedule in taking up EU monies.
Quaestor Brokerage Scandal Victims Protest At Parliament
- 3 Nov 2015 8:00 AM
- current affairs
Around one hundred people, including several opposition politicians, demanded compensation for victims of the Quaestor brokerage scandal near parliament. Deputy leader of the opposition Együtt party Levente Pápa said lawmakers will decide on Tuesday whether to guarantee cash compensation by the state in the law compensating investors of failed brokerage Quaestor, giving Hungarians who lost their ...
Official: Ludwig Museum Not Moving To Budapest City Park
- 31 Oct 2015 8:02 AM
- property
The Ludwig Museum will not move into the new National Gallery building planned to be built in the City Park as part of the Liget project, ministry commissioner for the project László Baán said. He told a press conference that the government decided on October 20 that the two museums would not be moved into the same building.
Almost 3,600 Individuals, 3,100 Companies On Hungarian Tax Authority’s Blacklist
- 30 Oct 2015 8:00 AM
- business
There were 3,597 private taxpayers and self-employed individuals owing more than 10 million forints each in back taxes for at least 180 days at the end of September, figures from the Hungarian tax authority NAV show. The debtors’ list, updated on a quarterly basis, is headed by Zhou Tejiao, the owner of a now defunct company, who owes 13.6 billion forints.
Govt Finalises Budapest Liget Museum Quarter Plans
- 26 Oct 2015 3:30 AM
- property
The government has finalised plans for Budapest’s large-scale Liget museum quarter with some changes, László Baán, the project’s commissioner, told a parliamentary committee. The Liget Budapest project’s original plan involved setting up five museums for Hungarian music, fine arts, architecture, ethnography and photography in City Park (Városliget).
Együtt Refiles Report To Police On 2013 Sale Of Hungarian TV2
- 22 Oct 2015 9:00 AM
- current affairs
The opposition Együtt party’s leader, Viktor Szigetvári, said he is refiling a report to the police concerning the 2013 sale of Hungary’s second largest commercial channel, TV2, by ProSiebenSat.1 to the channel’s managing director, Zsolt Simon, and its finance manager, Yvonne Dederick. According to Együtt’s report first submitted in January 2014—rejected by police at the time - the legal ...
Media Rivals Clash Over Hungarian TV2 Ownership
- 21 Oct 2015 9:00 AM
- current affairs
A legal dispute has emerged over ownership of Hungary’s second biggest commercial television broadcaster. On 15 October, Magyar Broadcasting Co signed a contract with TV2 Media Group Holdings and CEE Broadcasting Holding to purchase a 100% stake in their businesses. TV2’s portfolio includes the television channels TV2, Super TV2, FEM3 and PRO4.
Govt Plans To Regulate Sales Of E-Cigarettes, Cartridges
- 20 Oct 2015 6:00 AM
- shopping
Hungary’s government plans to regulate sales of electronic cigarettes and cartridges, a draft bill posted on the government’s website shows. The bill would require makers and sellers of e-cigarettes and cartridges to register their products six months before bringing them to market and pay an “administration fee” to the state health-care authority. An impact study attached to the draft puts the ...
National Bank of Hungary To Launch Growth Supporting Programme
- 4 Nov 2015 8:00 AM
- business
The National Bank of Hungary will launch a Growth Supporting Programme (GSP) in January with the aim of increasing the banking sector’s lending to small and medium-sized firms by 250-400 billion forints, or 5-10% of total corporate lending stock, in 2016. The GSP comprises the final phase of the NBH’s Funding for Growth Scheme (FGS) as well as a package of incentives for active lenders dubbed the ...
Nearly 1,000 EU - Financed Development Projects Delayed
- 4 Nov 2015 3:00 AM
- business
A total of 962 development projects co-financed by the European Union are currently delayed, business daily Világgazdaság reported. Citing cabinet office information, the paper said that at the end of the third quarter the state sector and local councils were 150 billion forints (EUR 480m) behind schedule in taking up EU monies.
Quaestor Brokerage Scandal Victims Protest At Parliament
- 3 Nov 2015 8:00 AM
- current affairs
Around one hundred people, including several opposition politicians, demanded compensation for victims of the Quaestor brokerage scandal near parliament. Deputy leader of the opposition Együtt party Levente Pápa said lawmakers will decide on Tuesday whether to guarantee cash compensation by the state in the law compensating investors of failed brokerage Quaestor, giving Hungarians who lost their ...
Official: Ludwig Museum Not Moving To Budapest City Park
- 31 Oct 2015 8:02 AM
- property
The Ludwig Museum will not move into the new National Gallery building planned to be built in the City Park as part of the Liget project, ministry commissioner for the project László Baán said. He told a press conference that the government decided on October 20 that the two museums would not be moved into the same building.
Almost 3,600 Individuals, 3,100 Companies On Hungarian Tax Authority’s Blacklist
- 30 Oct 2015 8:00 AM
- business
There were 3,597 private taxpayers and self-employed individuals owing more than 10 million forints each in back taxes for at least 180 days at the end of September, figures from the Hungarian tax authority NAV show. The debtors’ list, updated on a quarterly basis, is headed by Zhou Tejiao, the owner of a now defunct company, who owes 13.6 billion forints.
Govt Finalises Budapest Liget Museum Quarter Plans
- 26 Oct 2015 3:30 AM
- property
The government has finalised plans for Budapest’s large-scale Liget museum quarter with some changes, László Baán, the project’s commissioner, told a parliamentary committee. The Liget Budapest project’s original plan involved setting up five museums for Hungarian music, fine arts, architecture, ethnography and photography in City Park (Városliget).
Együtt Refiles Report To Police On 2013 Sale Of Hungarian TV2
- 22 Oct 2015 9:00 AM
- current affairs
The opposition Együtt party’s leader, Viktor Szigetvári, said he is refiling a report to the police concerning the 2013 sale of Hungary’s second largest commercial channel, TV2, by ProSiebenSat.1 to the channel’s managing director, Zsolt Simon, and its finance manager, Yvonne Dederick. According to Együtt’s report first submitted in January 2014—rejected by police at the time - the legal ...
Media Rivals Clash Over Hungarian TV2 Ownership
- 21 Oct 2015 9:00 AM
- current affairs
A legal dispute has emerged over ownership of Hungary’s second biggest commercial television broadcaster. On 15 October, Magyar Broadcasting Co signed a contract with TV2 Media Group Holdings and CEE Broadcasting Holding to purchase a 100% stake in their businesses. TV2’s portfolio includes the television channels TV2, Super TV2, FEM3 and PRO4.
Govt Plans To Regulate Sales Of E-Cigarettes, Cartridges
- 20 Oct 2015 6:00 AM
- shopping
Hungary’s government plans to regulate sales of electronic cigarettes and cartridges, a draft bill posted on the government’s website shows. The bill would require makers and sellers of e-cigarettes and cartridges to register their products six months before bringing them to market and pay an “administration fee” to the state health-care authority. An impact study attached to the draft puts the ...