159 result(s) for central bank of hungary in Business
Gross Wages In Hungary Up 3.4% In February
- 22 Apr 2015 9:00 AM
- business
Average gross wages in Hungary rose by an annual 3.4% to 234,367 forints (778 euros) in February. Net wages rose at the same pace to 153,511 forints, the Central Statistical Office (KSH) said. Hungarians took home 12,446 forints in bonuses in February, on average, 9.5% more than in the same month a year earlier.
National Bank Of Hungary Revokes Quaestor Licence, Clearing Way For Client Compensation
- 20 Apr 2015 9:00 AM
- business
The National Bank of Hungary said it revoked the licence of brokerage Quaestor and ordered it under liquidation, clearing the way for compensation of its clients. The decision to revoke Quaestor’s licence was taken because the brokerage “cannot repay its debts, and its property and assets do not offer coverage for settlement of its liabilities”, the central bank and financial market regulator ...
Police Launch Investigation Into Quaestor
- 12 Mar 2015 8:00 AM
- business
The Hungarian police have launched an investigation of brokerage Quaestor on suspicion of fraud, the National Police Headquarters said. Quaestor’s headquarters were raided as part of the investigation, the police said. Earlier in the day political parties clashed over the brokerage scandal.
Buda-Cash Investigation Should Target Role Of Central Bank
- 10 Mar 2015 8:00 AM
- business
An investigation into the Buda-Cash brokerage scandal should also examine the role of the central bank, former finance minister János Veres said. “Deficient” regulatory oversight by the central bank under the governing Fidesz party and the bank’s governor György Matolcsy had allowed funds of more than 100,000 clients to disappear.
Investigation On Suspicion Of Embezzlement In Buda-Cash Case In Hungary
- 2 Mar 2015 8:00 AM
- business
An investigation of an unknown perpetrator suspected of embezzling funds has been launched in the case of Buda-Cash, a lawyer for the brokerage’s chief executive said on commercial television.
Budapest Brokerage Buda-Cash Can’t Account For Ft 100bn
- 25 Feb 2015 8:00 AM
- business
Brokerage Buda-Cash may have taken up to Ft 100 billion from clients accounts while reporting false figures to financial authorities over the past 15 years, it was revealed yesterday.
Brussels Notes High Growth, Rising Employment In Hungary
- 20 Feb 2015 8:01 AM
- business
A European Commission report containing a survey of Hungary’s economic performance notes high growth, rising employment and low inflation. The EU balance of payments assistance to Hungary sixth review said that high growth had been boosted by “several one-offs and stimulus measures”.
State Auditor’s “Honest” Report Proves Fidesz Austerity, Say Socialists
- 9 Feb 2015 12:00 AM
- business
The State Audit Office’s (ÁSZ) recently published report covering 2007-2013 proves the Fidesz government and the prime minister implemented austerity while claiming otherwise, a lawmaker of the opposition Socialists said.
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.
Gross Wages In Hungary Up 3.4% In February
- 22 Apr 2015 9:00 AM
- business
Average gross wages in Hungary rose by an annual 3.4% to 234,367 forints (778 euros) in February. Net wages rose at the same pace to 153,511 forints, the Central Statistical Office (KSH) said. Hungarians took home 12,446 forints in bonuses in February, on average, 9.5% more than in the same month a year earlier.
National Bank Of Hungary Revokes Quaestor Licence, Clearing Way For Client Compensation
- 20 Apr 2015 9:00 AM
- business
The National Bank of Hungary said it revoked the licence of brokerage Quaestor and ordered it under liquidation, clearing the way for compensation of its clients. The decision to revoke Quaestor’s licence was taken because the brokerage “cannot repay its debts, and its property and assets do not offer coverage for settlement of its liabilities”, the central bank and financial market regulator ...
Police Launch Investigation Into Quaestor
- 12 Mar 2015 8:00 AM
- business
The Hungarian police have launched an investigation of brokerage Quaestor on suspicion of fraud, the National Police Headquarters said. Quaestor’s headquarters were raided as part of the investigation, the police said. Earlier in the day political parties clashed over the brokerage scandal.
Buda-Cash Investigation Should Target Role Of Central Bank
- 10 Mar 2015 8:00 AM
- business
An investigation into the Buda-Cash brokerage scandal should also examine the role of the central bank, former finance minister János Veres said. “Deficient” regulatory oversight by the central bank under the governing Fidesz party and the bank’s governor György Matolcsy had allowed funds of more than 100,000 clients to disappear.
Investigation On Suspicion Of Embezzlement In Buda-Cash Case In Hungary
- 2 Mar 2015 8:00 AM
- business
An investigation of an unknown perpetrator suspected of embezzling funds has been launched in the case of Buda-Cash, a lawyer for the brokerage’s chief executive said on commercial television.
Budapest Brokerage Buda-Cash Can’t Account For Ft 100bn
- 25 Feb 2015 8:00 AM
- business
Brokerage Buda-Cash may have taken up to Ft 100 billion from clients accounts while reporting false figures to financial authorities over the past 15 years, it was revealed yesterday.
Brussels Notes High Growth, Rising Employment In Hungary
- 20 Feb 2015 8:01 AM
- business
A European Commission report containing a survey of Hungary’s economic performance notes high growth, rising employment and low inflation. The EU balance of payments assistance to Hungary sixth review said that high growth had been boosted by “several one-offs and stimulus measures”.
State Auditor’s “Honest” Report Proves Fidesz Austerity, Say Socialists
- 9 Feb 2015 12:00 AM
- business
The State Audit Office’s (ÁSZ) recently published report covering 2007-2013 proves the Fidesz government and the prime minister implemented austerity while claiming otherwise, a lawmaker of the opposition Socialists said.
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.