4 result(s) for bust in Business
Reactions To Quaestor Compensation Law In Hungary
- 18 Nov 2015 8:00 AM
- business
Hungary’s ruling Fidesz party said the Constitutional Court’s decision to axe parts of a law on compensation for investors of failed brokerage Quaestor served the interests of the banking sector, while opposition parties once again called on the government and central bank to take responsibility for the scandal. Tuesday’s Constitutional Court ruling concerns the law governing a top-up fund which ...
Xpat Opinion: Leaders Avoid Losses, But May Pay At The Polls
- 15 Apr 2015 9:00 AM
- business
By Tom Popper, Managing Editor, Budapest Business Journal: When Quaestor investment house went bust, so did a lot of hard−working people. The government and Győr’s football team were unscathed, but many ordinary citizens were not.
Credit Rating For Hungary Down In Nov
- 3 Nov 2010 12:35 AM
- business
International rating agencies are expected to downgrade Hungary’s credit rating in November following centre-right government’s new budget plans, experts in Budapest and London told Budapest Report. Their cited reasons being that Hungary will be weakened financially as it does not want to depend on an IMF bail-out to strengthen its reserves.
Hungary Needs "Fiscal Dictatorship" - Járai
- 11 Mar 2010 1:00 AM
- business
"Hungary would still be on the verge of sovereign default if it was not for the IMF credit, said Zsigmond Járai, former Governor of the central bank (NBH). He also told a conference in Budapest on Tuesday that the c.bank pursued a wrong monetary policy and that it should have lowered interest rates drastically. He noted that Hungary would need to rewrite its Convergence Programme as quickly as ...
Reactions To Quaestor Compensation Law In Hungary
- 18 Nov 2015 8:00 AM
- business
Hungary’s ruling Fidesz party said the Constitutional Court’s decision to axe parts of a law on compensation for investors of failed brokerage Quaestor served the interests of the banking sector, while opposition parties once again called on the government and central bank to take responsibility for the scandal. Tuesday’s Constitutional Court ruling concerns the law governing a top-up fund which ...
Xpat Opinion: Leaders Avoid Losses, But May Pay At The Polls
- 15 Apr 2015 9:00 AM
- business
By Tom Popper, Managing Editor, Budapest Business Journal: When Quaestor investment house went bust, so did a lot of hard−working people. The government and Győr’s football team were unscathed, but many ordinary citizens were not.
Credit Rating For Hungary Down In Nov
- 3 Nov 2010 12:35 AM
- business
International rating agencies are expected to downgrade Hungary’s credit rating in November following centre-right government’s new budget plans, experts in Budapest and London told Budapest Report. Their cited reasons being that Hungary will be weakened financially as it does not want to depend on an IMF bail-out to strengthen its reserves.
Hungary Needs "Fiscal Dictatorship" - Járai
- 11 Mar 2010 1:00 AM
- business
"Hungary would still be on the verge of sovereign default if it was not for the IMF credit, said Zsigmond Járai, former Governor of the central bank (NBH). He also told a conference in Budapest on Tuesday that the c.bank pursued a wrong monetary policy and that it should have lowered interest rates drastically. He noted that Hungary would need to rewrite its Convergence Programme as quickly as ...