133 result(s) for damages
July 25 Storm Damage Claims Reach Huf 733m
- 29 Jul 2015 9:00 AM
- current affairs
Claims by policy holders on damages resulting from a storm that swept through Hungary last Saturday could come close to 733 million forints (EUR 2.4m), insurance companies told MTI. Generali put the claim on the storm damages at 300 million forints based on preliminary estimates. Allianz faces claims of 130 million, Aegon could pay 103 million and Groupama expects to pay up to 200 million forints.
Insurers Estimate Storm Damage At HUF 3bn
- 13 Jul 2015 9:00 AM
- current affairs
Damages from the recent storm in Hungary are estimated around 3 billion forints (EUR 9.5m), the Association of Hungarian Insurers (Mabisz) said. Some 20,000 claims are expected in connection with storm damages, Mabisz said.
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 ...
Lawmakers Pass Law To Freeze Assets At Scandal-Ridden Firms
- 1 Apr 2015 9:00 AM
- current affairs
Lawmakers approved a bill which will allow the assets of companies and their executives linked to the recent brokerage scandals to be frozen. The measure will affect company groups, their top executives, members of their supervisory boards as well as some auditors. The bill submitted last week by Antal Rogán, head of the parliamentary group of the ruling Fidesz party, and Péter Harrach of the ...
Audi Cancels Gyõr ETO Sponsorship
- 16 Mar 2015 8:00 AM
- sport
Car maker Audi announced on Saturday that it has cancelled its sponsorship contract with football club Gyõri ETO, due to the scandal of the Quaestor financial group. Quaestor owns the sports club, as well as its stadium, and the attached shopping mall and hotel.
Justice CTTEE Decides Against Parliamentary Probe Of VAT Fraud
- 11 Mar 2015 8:00 AM
- business
Parliament’s justice committee voted against a proposal by opposition LMP to form an investigative committee to examine VAT fraud over the last eight years. LMP’s co-leader András Schiffer had wanted the investigation to focus on whether personnel changes within the tax authority since 2007 had meant VAT fraud had gone undetected.
Govt To Shorten Period Between Screenings In Wake Of Buda-Cash Affair
- 2 Mar 2015 4:00 AM
- current affairs
The government has already started drafting a package of changes to rules in the wake of the Buda-Cash affair, Economy Minister Mihály Varga told public television. The package would shorten the time between comprehensive reviews of financial institutions to three years from five at present, Varga said.
Hungary Loses Three More Cases At European Court
- 23 Oct 2014 9:00 AM
- current affairs
A former public television employee, a former National Assets Management employee and an American citizen won their court cases against the Hungarian state at the European Court of Human Rights in Strasbourg on Tuesday. The court obliged Hungary to pay EUR 12,000 (USD 15,300) in compensation to the applicants.
Washington Court Rules In Hungary’s Favour In Sukoró Case
- 3 Oct 2014 9:00 AM
- current affairs
An international arbitration court in Washington, DC, specialising in legal disputes between international investors has ruled in favour of Hungary in a case involving a cancelled casino investment project in Sukoró, central Hungary, the economy minister said. “The international court today rejected the Israeli investors’ claim and compensation demand of 100 billion forints (EUR 322m).
July 25 Storm Damage Claims Reach Huf 733m
- 29 Jul 2015 9:00 AM
- current affairs
Claims by policy holders on damages resulting from a storm that swept through Hungary last Saturday could come close to 733 million forints (EUR 2.4m), insurance companies told MTI. Generali put the claim on the storm damages at 300 million forints based on preliminary estimates. Allianz faces claims of 130 million, Aegon could pay 103 million and Groupama expects to pay up to 200 million forints.
Insurers Estimate Storm Damage At HUF 3bn
- 13 Jul 2015 9:00 AM
- current affairs
Damages from the recent storm in Hungary are estimated around 3 billion forints (EUR 9.5m), the Association of Hungarian Insurers (Mabisz) said. Some 20,000 claims are expected in connection with storm damages, Mabisz said.
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 ...
Lawmakers Pass Law To Freeze Assets At Scandal-Ridden Firms
- 1 Apr 2015 9:00 AM
- current affairs
Lawmakers approved a bill which will allow the assets of companies and their executives linked to the recent brokerage scandals to be frozen. The measure will affect company groups, their top executives, members of their supervisory boards as well as some auditors. The bill submitted last week by Antal Rogán, head of the parliamentary group of the ruling Fidesz party, and Péter Harrach of the ...
Audi Cancels Gyõr ETO Sponsorship
- 16 Mar 2015 8:00 AM
- sport
Car maker Audi announced on Saturday that it has cancelled its sponsorship contract with football club Gyõri ETO, due to the scandal of the Quaestor financial group. Quaestor owns the sports club, as well as its stadium, and the attached shopping mall and hotel.
Justice CTTEE Decides Against Parliamentary Probe Of VAT Fraud
- 11 Mar 2015 8:00 AM
- business
Parliament’s justice committee voted against a proposal by opposition LMP to form an investigative committee to examine VAT fraud over the last eight years. LMP’s co-leader András Schiffer had wanted the investigation to focus on whether personnel changes within the tax authority since 2007 had meant VAT fraud had gone undetected.
Govt To Shorten Period Between Screenings In Wake Of Buda-Cash Affair
- 2 Mar 2015 4:00 AM
- current affairs
The government has already started drafting a package of changes to rules in the wake of the Buda-Cash affair, Economy Minister Mihály Varga told public television. The package would shorten the time between comprehensive reviews of financial institutions to three years from five at present, Varga said.
Hungary Loses Three More Cases At European Court
- 23 Oct 2014 9:00 AM
- current affairs
A former public television employee, a former National Assets Management employee and an American citizen won their court cases against the Hungarian state at the European Court of Human Rights in Strasbourg on Tuesday. The court obliged Hungary to pay EUR 12,000 (USD 15,300) in compensation to the applicants.
Washington Court Rules In Hungary’s Favour In Sukoró Case
- 3 Oct 2014 9:00 AM
- current affairs
An international arbitration court in Washington, DC, specialising in legal disputes between international investors has ruled in favour of Hungary in a case involving a cancelled casino investment project in Sukoró, central Hungary, the economy minister said. “The international court today rejected the Israeli investors’ claim and compensation demand of 100 billion forints (EUR 322m).















