295 result(s) for compensation
Compensation For Hungarian Woman Being Barred From Canada Flight
- 29 Jul 2015 9:00 AM
- current affairs
The Roma woman who was barred from boarding a Toronto-bound plane in Vienna in the spring will receive €600 in compensation from Austrian Airlines, Népszabadság reports. The woman, a well-known figure in Roma public life in Hungary, asked that her name be withheld. She had planned to fly to Toronto on the Austrian Airlines flight to carry out a survey of Roma who have emigrated to Canada.
Two Types Of Border Fence To Be Built On Serbian-Hungarian Border
- 23 Jul 2015 9:00 AM
- current affairs
The Government decided on the construction of two types of border fence at its Tuesday meeting; the Ministry of Interior and the Ministry of Defence will build an almost four-metre-tall fence on the sections of the border which can be easily penetrated, the Minister heading the Prime Minister’s Office informed the press at a press conference held during the break of the cabinet meeting.
Police Remove FX Civil Movement Demonstrators In Central Budapest
- 23 Jul 2015 4:00 AM
- current affairs
Police removed 17 activists of a civil movement representing troubled forex mortgage holders who blocked a section of a street in central Budapest in a banned sit-down demonstration on Thursday morning, the police said on its website. The movement originally asked permission from the police to stage a demonstration with about 100-400 participants to demand the suspension of foreclosures and ...
Strasbourg Human Rights Court Makes Final Judgement On Hungarian Prison Conditions
- 15 Jun 2015 9:00 AM
- current affairs
In the absence of an appeal by the Hungarian state, the Strasbourg European Court of Human Rights has issued a final judgement against Hungary in a case concerning poor conditions in Hungarian prisons, the daily Népszabadság said. The lawyer of several complainants, Gábor Magyar, told the paper that around two thousand complaints to the human rights court were being prepared, and he estimated ...
Hungary’s 2016 Budget “Designed To Boost Economy, Help Families”
- 1 Jun 2015 9:00 AM
- business
The government seeks to promote job creation and boost the economy as well as provide assistance to families, a state secretary of the economy ministry said in his introduction to the parliamentary debate on next year’s budget. Béla Glattfelder said the bill would introduce changes to 18 laws, including rules governing efforts to reduce Hungary’s state debt. The current growth and inflation path ...
Hungary's PM: 2016 Budget Planning Means “Everyone Can Move Forward”
- 27 Apr 2015 10:00 AM
- business
Thanks to the government’s advance planning for the 2016 budget “everyone can move forward,” Prime Minister Viktor Orbán said in his regular Friday morning interview with public radio. The goal is to push the jobless rate down to around 3% by 2018- 2019, which in effect would mean full employment. Tax cuts are a means to stimulate employment and they are also tantamount to a pay rise, he added.
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 ...
Hungarian Banking Assoc Believes Quaestor Clients Have No Right To Compensation
- 20 Apr 2015 4:00 AM
- business
The Hungarian Banking Association believes clients of failed brokerage Quaestor should not receive any compensation, chief secretary Levente Kovács said on public radio. Kovács noted that Quaestor had clearly informed its clients that its securities - which paid a yield well over that of government securities - were covered neither by the National Deposit Insurance Association (OBA) nor the ...
Hungarian Parliament Approves Law On Compensation For Quaestor Victims
- 15 Apr 2015 9:00 AM
- business
Parliament approved a law on setting up a fund to compensate people who suffered losses because of the bankruptcy of brokerage firm Quaestor. In line with the law approved with 185 votes for and 5 against, compensation can be claimed between May 6 and June 5.
Compensation For Hungarian Woman Being Barred From Canada Flight
- 29 Jul 2015 9:00 AM
- current affairs
The Roma woman who was barred from boarding a Toronto-bound plane in Vienna in the spring will receive €600 in compensation from Austrian Airlines, Népszabadság reports. The woman, a well-known figure in Roma public life in Hungary, asked that her name be withheld. She had planned to fly to Toronto on the Austrian Airlines flight to carry out a survey of Roma who have emigrated to Canada.
Two Types Of Border Fence To Be Built On Serbian-Hungarian Border
- 23 Jul 2015 9:00 AM
- current affairs
The Government decided on the construction of two types of border fence at its Tuesday meeting; the Ministry of Interior and the Ministry of Defence will build an almost four-metre-tall fence on the sections of the border which can be easily penetrated, the Minister heading the Prime Minister’s Office informed the press at a press conference held during the break of the cabinet meeting.
Police Remove FX Civil Movement Demonstrators In Central Budapest
- 23 Jul 2015 4:00 AM
- current affairs
Police removed 17 activists of a civil movement representing troubled forex mortgage holders who blocked a section of a street in central Budapest in a banned sit-down demonstration on Thursday morning, the police said on its website. The movement originally asked permission from the police to stage a demonstration with about 100-400 participants to demand the suspension of foreclosures and ...
Strasbourg Human Rights Court Makes Final Judgement On Hungarian Prison Conditions
- 15 Jun 2015 9:00 AM
- current affairs
In the absence of an appeal by the Hungarian state, the Strasbourg European Court of Human Rights has issued a final judgement against Hungary in a case concerning poor conditions in Hungarian prisons, the daily Népszabadság said. The lawyer of several complainants, Gábor Magyar, told the paper that around two thousand complaints to the human rights court were being prepared, and he estimated ...
Hungary’s 2016 Budget “Designed To Boost Economy, Help Families”
- 1 Jun 2015 9:00 AM
- business
The government seeks to promote job creation and boost the economy as well as provide assistance to families, a state secretary of the economy ministry said in his introduction to the parliamentary debate on next year’s budget. Béla Glattfelder said the bill would introduce changes to 18 laws, including rules governing efforts to reduce Hungary’s state debt. The current growth and inflation path ...
Hungary's PM: 2016 Budget Planning Means “Everyone Can Move Forward”
- 27 Apr 2015 10:00 AM
- business
Thanks to the government’s advance planning for the 2016 budget “everyone can move forward,” Prime Minister Viktor Orbán said in his regular Friday morning interview with public radio. The goal is to push the jobless rate down to around 3% by 2018- 2019, which in effect would mean full employment. Tax cuts are a means to stimulate employment and they are also tantamount to a pay rise, he added.
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 ...
Hungarian Banking Assoc Believes Quaestor Clients Have No Right To Compensation
- 20 Apr 2015 4:00 AM
- business
The Hungarian Banking Association believes clients of failed brokerage Quaestor should not receive any compensation, chief secretary Levente Kovács said on public radio. Kovács noted that Quaestor had clearly informed its clients that its securities - which paid a yield well over that of government securities - were covered neither by the National Deposit Insurance Association (OBA) nor the ...
Hungarian Parliament Approves Law On Compensation For Quaestor Victims
- 15 Apr 2015 9:00 AM
- business
Parliament approved a law on setting up a fund to compensate people who suffered losses because of the bankruptcy of brokerage firm Quaestor. In line with the law approved with 185 votes for and 5 against, compensation can be claimed between May 6 and June 5.


















