918 result(s) for debt
Hungary’s Asset Manager Holds 20,000 Homes
- 26 Oct 2015 8:00 AM
- property
National asset manager Nemzeti Eszközkezelő holds almost 20,000 foreclosed homes, after acquiring some 5,000 properties in the period of January-September, Hungarian daily Magyar Idők said. The company told the paper that since it began operations in 2012, its debtor bailout option has helped borrowers struggling with foreign currency loan repayments to get rid of a combined HUF 160 bln in ...
Hungary’s Film Commissioner Vajna Buys Commercial Channel TV2
- 14 Oct 2015 9:00 AM
- business
Hungary’s film industry commissioner Andy Vajna has signed a contract to buy Hungarian commercial television channel TV2, and, after signing by the sellers, the deal will be announced later this week, figyelo.hu, the website of weekly Figyelő reported. The transaction will require approval by Hungary’s Competition Office, figyelo.hu said.
Hungarian Forint Liquidity Of Banking Sector Falls In Sept
- 13 Oct 2015 9:00 AM
- business
Forint liquidity of Hungary’s banking sector fell in September from a month earlier, reflected mainly in the lower average stocks of two-week central bank deposits, the National Bank of Hungary said in a report. The average stock of two-week deposits decreased by 241.8 billion forints to 4,290 billion, the report based on preliminary data shows. The average stock of external assets fell by 350 ...
WOMEX Honours & Preserves Multi-Ethnic Heritage Of Budapest
- 1 Oct 2015 10:00 AM
- entertainment
Featured prominently on the World Heritage Site List of UNESCO, Budapest is the fifth most visited capital of Europe (Euromonitor International) and the cultural hub of "CEE" - Central Eastern Europe. The majestic Danube splits the city into Buda and Pest and hosts one of the biggest festivals on the international touring circuit, Sziget (meaning 'island' in Hungarian), every year in August.
Hungary’s M1 Channel Costs HUF 4.3bn This Year
- 1 Oct 2015 9:00 AM
- business
The maintenance of state-run all news channel M1, launched in March, is costing state media manager MTVA Ft 4.3 billion this year, Népszabadság reports. The new sports channel M4, launched in July, is costing Ft 5.4 billion. Due to the rising costs, the government will assume Ft 47.2 billion of debts from state media. MTVA’s budget for this year is Ft 80 billion.
EC Resumes Development Funding Payments To Hungary
- 28 Sep 2015 9:00 AM
- business
The European Commission has lifted a ban on the disbursement of European Union economic development funding to Hungary, daily Magyar Idők reported. With a resolution dated September 23, the Brussels commission closed a probe affecting funding worth about 700 billion forints (EUR 2.24bn), the paper said on Saturday.
Standard & Poor’s Affirmed Hungary’s Credit Rating
- 22 Sep 2015 9:01 AM
- business
The agency maintained the country’s rating with stable outlook. In the analysis accompanying the decision, S&P stressed that that Hungarian labour force was well educated and competitive, and the export structure was balanced. Improving domestic consumption, declining unemployment, the utilization of EU funds and the central bank’s lending programme have also driven economic growth.
CBRE: High Vacancy Rates Could Persist In Budapest
- 4 Sep 2015 9:00 AM
- property
High vacancy rates are expected to persist in Budapest, as well as Amsterdam, Dublin, Madrid, Prague and Warsaw, global real estate advisor CBRE said in an announcement today. Rental growth, however, is still expected in these markets as empty stock becomes economically redundant due to outdated design or location issues, the announcement said.
Awards for Successful Hungarian Enterprises, June-July 2015
- 4 Sep 2015 9:00 AM
- business
The Government holds enterprises in high esteem and helps them to extra funding by publishing calls for tender of operative programmes until the summer of 2017, Minister for National Economy Mihály Varga said at the presentation ceremony of the Awards for Successful Enterprises in Budapest at which the Minister this time honoured tourism enterprises.
Hungary’s Asset Manager Holds 20,000 Homes
- 26 Oct 2015 8:00 AM
- property
National asset manager Nemzeti Eszközkezelő holds almost 20,000 foreclosed homes, after acquiring some 5,000 properties in the period of January-September, Hungarian daily Magyar Idők said. The company told the paper that since it began operations in 2012, its debtor bailout option has helped borrowers struggling with foreign currency loan repayments to get rid of a combined HUF 160 bln in ...
Hungary’s Film Commissioner Vajna Buys Commercial Channel TV2
- 14 Oct 2015 9:00 AM
- business
Hungary’s film industry commissioner Andy Vajna has signed a contract to buy Hungarian commercial television channel TV2, and, after signing by the sellers, the deal will be announced later this week, figyelo.hu, the website of weekly Figyelő reported. The transaction will require approval by Hungary’s Competition Office, figyelo.hu said.
Hungarian Forint Liquidity Of Banking Sector Falls In Sept
- 13 Oct 2015 9:00 AM
- business
Forint liquidity of Hungary’s banking sector fell in September from a month earlier, reflected mainly in the lower average stocks of two-week central bank deposits, the National Bank of Hungary said in a report. The average stock of two-week deposits decreased by 241.8 billion forints to 4,290 billion, the report based on preliminary data shows. The average stock of external assets fell by 350 ...
WOMEX Honours & Preserves Multi-Ethnic Heritage Of Budapest
- 1 Oct 2015 10:00 AM
- entertainment
Featured prominently on the World Heritage Site List of UNESCO, Budapest is the fifth most visited capital of Europe (Euromonitor International) and the cultural hub of "CEE" - Central Eastern Europe. The majestic Danube splits the city into Buda and Pest and hosts one of the biggest festivals on the international touring circuit, Sziget (meaning 'island' in Hungarian), every year in August.
Hungary’s M1 Channel Costs HUF 4.3bn This Year
- 1 Oct 2015 9:00 AM
- business
The maintenance of state-run all news channel M1, launched in March, is costing state media manager MTVA Ft 4.3 billion this year, Népszabadság reports. The new sports channel M4, launched in July, is costing Ft 5.4 billion. Due to the rising costs, the government will assume Ft 47.2 billion of debts from state media. MTVA’s budget for this year is Ft 80 billion.
EC Resumes Development Funding Payments To Hungary
- 28 Sep 2015 9:00 AM
- business
The European Commission has lifted a ban on the disbursement of European Union economic development funding to Hungary, daily Magyar Idők reported. With a resolution dated September 23, the Brussels commission closed a probe affecting funding worth about 700 billion forints (EUR 2.24bn), the paper said on Saturday.
Standard & Poor’s Affirmed Hungary’s Credit Rating
- 22 Sep 2015 9:01 AM
- business
The agency maintained the country’s rating with stable outlook. In the analysis accompanying the decision, S&P stressed that that Hungarian labour force was well educated and competitive, and the export structure was balanced. Improving domestic consumption, declining unemployment, the utilization of EU funds and the central bank’s lending programme have also driven economic growth.
CBRE: High Vacancy Rates Could Persist In Budapest
- 4 Sep 2015 9:00 AM
- property
High vacancy rates are expected to persist in Budapest, as well as Amsterdam, Dublin, Madrid, Prague and Warsaw, global real estate advisor CBRE said in an announcement today. Rental growth, however, is still expected in these markets as empty stock becomes economically redundant due to outdated design or location issues, the announcement said.
Awards for Successful Hungarian Enterprises, June-July 2015
- 4 Sep 2015 9:00 AM
- business
The Government holds enterprises in high esteem and helps them to extra funding by publishing calls for tender of operative programmes until the summer of 2017, Minister for National Economy Mihály Varga said at the presentation ceremony of the Awards for Successful Enterprises in Budapest at which the Minister this time honoured tourism enterprises.