46 result(s) for corruption in Business
US Ambassador: Economic Ties With Hungary Strong
- 21 Jan 2016 8:00 AM
- business
Economic ties between Hungary and the United States are strong, but “can significantly improve if we remove impediments and disincentives to doing business,” the US ambassador said, addressing an event hosted by the American Chamber of Commerce (AmCham).
Xpat Opinion: Laughable Hungarian Legislation Is Not Funny
- 16 Dec 2015 8:00 AM
- business
By Tom Popper, Managing Editor, Budapest Business Journal: The appearance of corruption has long been a problem for this government, but in the first week of December, officials were so blatant in their efforts to circumvent scrutiny that it was almost humorous. In truth, the way these maneuvers destroy trust in our leadership is not very funny.
Hungary’s Tax Authority Becomes Part Of Economy Ministry
- 2 Dec 2015 9:00 AM
- business
Hungary’s parliament voted to abolish NAV, the tax and customs authority, as an independent body and fold it into a state secretariat operating as part of the economy ministry. The authority will become a two-tiered organisation and the 19 county-level tax and customs units will be merged. The three separate tax and customs units in the capital will also be rolled into one.
Budapest Chief Prosecutor: More Graft Cases Exposed In Hungary Last Year
- 30 Oct 2015 8:00 AM
- business
There were three times as many corruption cases exposed in Hungary in 2014 as in the previous year, and criminal statistics showed improvement for last year in the capital as well, Budapest’s chief prosecutor said in an interview published by the daily Magyar Idők.
Hungarian NGOs Call For Reform Of Campaign Finance Rules
- 4 Jun 2015 9:00 AM
- business
NGOs in Hungary have turned to lawmakers with a call to reform campaign finance rules and to clean up corruption. The civil organisations Transparency International Magyarország, Átlátszó and K-Monitor together with think-tank Political Capital sent an open letter to parliamentarians to coincide with a conference held on Wednesday on transparency in local government and campaign finance.
EU Suspends Payment Of USD 2.6 Billion Of Development Funds To Hungary
- 16 Apr 2015 11:50 AM
- business
The European Union is suspending EU transfers to Hungary which are connected to the economic development operative programs. The projects at the source of the program have already been completed and their contractors have been paid. The suspension of funds affects roughly HUF 700 billion (USD 2.6 billion) in EU development funds. Hungary’s government estimates it will have to pay back around 10 ...
Hungary Near Top On The “Corrupt Countries” List
- 9 Apr 2015 9:00 AM
- business
There are a variety of signs, some screaming to be notices, others barely visible that signal corruption could be present in a public procurement. Hungary came out near the top of a sample of countries that were showing signs of corruption, István János Tóth, co-founder and director of Corruption Research Center, Budapest (CRCB), tells business website portfolio.hu.
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.
US-Owned Companies Treated Equally With Other Firms, Says Tax Office
- 5 Mar 2015 8:00 AM
- business
US-affiliated companies in Hungary are treated equally with other, non-US, firms, the national tax and customs authority (NAV) said in a report published on the government’s website. The report followed an investigation launched in the wake of press reports suggesting that NAV conducted illegal procedures and in some cases failed to launch procedures causing the central budget VAT-revenue losses ...
US Ambassador: Economic Ties With Hungary Strong
- 21 Jan 2016 8:00 AM
- business
Economic ties between Hungary and the United States are strong, but “can significantly improve if we remove impediments and disincentives to doing business,” the US ambassador said, addressing an event hosted by the American Chamber of Commerce (AmCham).
Xpat Opinion: Laughable Hungarian Legislation Is Not Funny
- 16 Dec 2015 8:00 AM
- business
By Tom Popper, Managing Editor, Budapest Business Journal: The appearance of corruption has long been a problem for this government, but in the first week of December, officials were so blatant in their efforts to circumvent scrutiny that it was almost humorous. In truth, the way these maneuvers destroy trust in our leadership is not very funny.
Hungary’s Tax Authority Becomes Part Of Economy Ministry
- 2 Dec 2015 9:00 AM
- business
Hungary’s parliament voted to abolish NAV, the tax and customs authority, as an independent body and fold it into a state secretariat operating as part of the economy ministry. The authority will become a two-tiered organisation and the 19 county-level tax and customs units will be merged. The three separate tax and customs units in the capital will also be rolled into one.
Budapest Chief Prosecutor: More Graft Cases Exposed In Hungary Last Year
- 30 Oct 2015 8:00 AM
- business
There were three times as many corruption cases exposed in Hungary in 2014 as in the previous year, and criminal statistics showed improvement for last year in the capital as well, Budapest’s chief prosecutor said in an interview published by the daily Magyar Idők.
Hungarian NGOs Call For Reform Of Campaign Finance Rules
- 4 Jun 2015 9:00 AM
- business
NGOs in Hungary have turned to lawmakers with a call to reform campaign finance rules and to clean up corruption. The civil organisations Transparency International Magyarország, Átlátszó and K-Monitor together with think-tank Political Capital sent an open letter to parliamentarians to coincide with a conference held on Wednesday on transparency in local government and campaign finance.
EU Suspends Payment Of USD 2.6 Billion Of Development Funds To Hungary
- 16 Apr 2015 11:50 AM
- business
The European Union is suspending EU transfers to Hungary which are connected to the economic development operative programs. The projects at the source of the program have already been completed and their contractors have been paid. The suspension of funds affects roughly HUF 700 billion (USD 2.6 billion) in EU development funds. Hungary’s government estimates it will have to pay back around 10 ...
Hungary Near Top On The “Corrupt Countries” List
- 9 Apr 2015 9:00 AM
- business
There are a variety of signs, some screaming to be notices, others barely visible that signal corruption could be present in a public procurement. Hungary came out near the top of a sample of countries that were showing signs of corruption, István János Tóth, co-founder and director of Corruption Research Center, Budapest (CRCB), tells business website portfolio.hu.
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.
US-Owned Companies Treated Equally With Other Firms, Says Tax Office
- 5 Mar 2015 8:00 AM
- business
US-affiliated companies in Hungary are treated equally with other, non-US, firms, the national tax and customs authority (NAV) said in a report published on the government’s website. The report followed an investigation launched in the wake of press reports suggesting that NAV conducted illegal procedures and in some cases failed to launch procedures causing the central budget VAT-revenue losses ...