55 result(s) for central bank foundations
Opposition Slams Central Bank For Deals With Offshore Businesses
- 30 May 2016 9:00 AM
- business
The central bank and its foundations are doing business with offshore companies including property purchases and the bank has become a “five-star hotel for offshore knights”, the green opposition LMP said on Saturday. LMP has proposed in parliament that the central bank should transfer its profits to the central budget but the ruling majority has rejected this, deputy group leader Erzsébet ...
Bloomberg Reports On Spending By MNB Foundations
- 26 May 2016 6:35 AM
- current affairs
The “web of patronage” revealed when spending by central bank foundations was made public in April has shocked Hungarians, according to an extensive report published by Bloomberg at noon today. “Even seasoned trackers of corruption in the former Soviet Bloc say they’re startled by the audacity the documents reveal,” the report says.
Socialists: Budapest Prosecutor Probing Central Bank Spending
- 20 May 2016 9:00 AM
- business
The Budapest Municipal Prosecutor has started a monitoring procedure at six of the central bank’s foundations, deputy leader of the parliamentary group of the opposition Socialist Party said. Bertalan Tóth said his party had asked the prosecutor to investigate central bank spending as part of a six-point plan published at the end of April.
Socialist Leader Calls On Áder To Take A Stand On CBank Spending
- 20 May 2016 9:00 AM
- current affairs
Socialist party leader József Tóbiás has called on President János Áder to make a statement regarding questions raised over central bank spending. Speaking at a press conference in front of the presidential Sándor Palace on Friday, Tóbiás said central bank governor György Matolcsy and the central bank’s foundations “endanger Hungary’s financial stability and weaken the forint”.
Orbán Confirms Support For CBank Governor
- 10 May 2016 9:00 AM
- current affairs
Prime Minister Viktor Orbán has repeatedly voiced support for the governor of the National Bank of Hungary, after opposition Socialist and LMP deputies urged his removal in parliament. György Matolcsy has “saved” forex debtors, promoted Hungary’s economic growth with a loan programme and reduced inflation, the prime minister argued and assured him of his “full” support.
Matolcsy: Criticism On Central Bank Foundations Political Bluff
- 9 May 2016 9:00 AM
- current affairs
Criticism of the central bank and its foundations is “political bluff”, the bank’s governor György Matolcsy said in an interview published in Friday’s daily Magyar Nemzet. Matolcsy said he highly valued the trust placed in him by Prime Minister Viktor Orbán and he was sure that they would continue to work together.
Opposition Calls On Orbán To Dismiss Matolcsy Over Financial Skullduggery
- 5 May 2016 9:00 AM
- current affairs
The opposition Liberals and the leftist Democratic Coalition (DK) party called for the resignation of central bank governor György Matolcsy over recent financing matters surrounding the central bank. The Liberals urged opposition parties to join a legal proposal calling on the prime minister to dismiss Matolcsy over “a breach of the rule of avoiding monetary financing”.
NBH-Scandal – Jobbik Lambasts Central Bank Governor Over “Financing State”
- 4 May 2016 9:00 AM
- business
The opposition Jobbik party has called on György Matolcsy, governor of the National Bank of Hungary, to resign over recent scandals including purchases of state securities by the central bank’s foundations. Jobbik deputy leader Dániel Z Kárpát told a press conference on Monday that through those purchases the central bank has violated a prohibition of financing state operations, and has ...
Kósa Demands Answers On Alstom Case Involving Former PM
- 29 Apr 2016 9:00 AM
- current affairs
The ruling Fidesz party is calling on the government to release the names of those who were involved in the signing of the Budapest metro contracts with French engineering company Alstom. Alstom has recently been revealed to have transferred more than 597,000 euros to a company owned by the family of former Socialist prime minister Péter Medgyessy.
Opposition Slams Central Bank For Deals With Offshore Businesses
- 30 May 2016 9:00 AM
- business
The central bank and its foundations are doing business with offshore companies including property purchases and the bank has become a “five-star hotel for offshore knights”, the green opposition LMP said on Saturday. LMP has proposed in parliament that the central bank should transfer its profits to the central budget but the ruling majority has rejected this, deputy group leader Erzsébet ...
Bloomberg Reports On Spending By MNB Foundations
- 26 May 2016 6:35 AM
- current affairs
The “web of patronage” revealed when spending by central bank foundations was made public in April has shocked Hungarians, according to an extensive report published by Bloomberg at noon today. “Even seasoned trackers of corruption in the former Soviet Bloc say they’re startled by the audacity the documents reveal,” the report says.
Socialists: Budapest Prosecutor Probing Central Bank Spending
- 20 May 2016 9:00 AM
- business
The Budapest Municipal Prosecutor has started a monitoring procedure at six of the central bank’s foundations, deputy leader of the parliamentary group of the opposition Socialist Party said. Bertalan Tóth said his party had asked the prosecutor to investigate central bank spending as part of a six-point plan published at the end of April.
Socialist Leader Calls On Áder To Take A Stand On CBank Spending
- 20 May 2016 9:00 AM
- current affairs
Socialist party leader József Tóbiás has called on President János Áder to make a statement regarding questions raised over central bank spending. Speaking at a press conference in front of the presidential Sándor Palace on Friday, Tóbiás said central bank governor György Matolcsy and the central bank’s foundations “endanger Hungary’s financial stability and weaken the forint”.
Orbán Confirms Support For CBank Governor
- 10 May 2016 9:00 AM
- current affairs
Prime Minister Viktor Orbán has repeatedly voiced support for the governor of the National Bank of Hungary, after opposition Socialist and LMP deputies urged his removal in parliament. György Matolcsy has “saved” forex debtors, promoted Hungary’s economic growth with a loan programme and reduced inflation, the prime minister argued and assured him of his “full” support.
Matolcsy: Criticism On Central Bank Foundations Political Bluff
- 9 May 2016 9:00 AM
- current affairs
Criticism of the central bank and its foundations is “political bluff”, the bank’s governor György Matolcsy said in an interview published in Friday’s daily Magyar Nemzet. Matolcsy said he highly valued the trust placed in him by Prime Minister Viktor Orbán and he was sure that they would continue to work together.
Opposition Calls On Orbán To Dismiss Matolcsy Over Financial Skullduggery
- 5 May 2016 9:00 AM
- current affairs
The opposition Liberals and the leftist Democratic Coalition (DK) party called for the resignation of central bank governor György Matolcsy over recent financing matters surrounding the central bank. The Liberals urged opposition parties to join a legal proposal calling on the prime minister to dismiss Matolcsy over “a breach of the rule of avoiding monetary financing”.
NBH-Scandal – Jobbik Lambasts Central Bank Governor Over “Financing State”
- 4 May 2016 9:00 AM
- business
The opposition Jobbik party has called on György Matolcsy, governor of the National Bank of Hungary, to resign over recent scandals including purchases of state securities by the central bank’s foundations. Jobbik deputy leader Dániel Z Kárpát told a press conference on Monday that through those purchases the central bank has violated a prohibition of financing state operations, and has ...
Kósa Demands Answers On Alstom Case Involving Former PM
- 29 Apr 2016 9:00 AM
- current affairs
The ruling Fidesz party is calling on the government to release the names of those who were involved in the signing of the Budapest metro contracts with French engineering company Alstom. Alstom has recently been revealed to have transferred more than 597,000 euros to a company owned by the family of former Socialist prime minister Péter Medgyessy.