918 result(s) for debt
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 Residency Bond Sales Falling
- 16 Apr 2015 9:00 AM
- current affairs
Sales of residency bonds slowed down in March, after solid growth in the first two months, state debt manager ÁKK told Napi Gazdaság. Proceeds from the sale of the bonds, which grant residency status to non-EU citizens, reached €7.7 million in March after €16.7 million in both January and February.
IMF Raises Hungary 2015 Growth Forecast
- 15 Apr 2015 9:00 AM
- business
The International Monetary Fund (IMF) has raised its projection for economic growth in Hungary this year to 2.7% from 2.3% predicted last October. In its World Economic Outlook published Tuesday, the Fund said economic growth remained strong in Hungary but it is expected to decline this year on account of lower investment growth and less supportive fiscal conditions.
Extension Of Tram Line 1 To Újbuda Has Been Completed
- 11 Apr 2015 9:00 AM
- getting around
The development of tram lines 1 and 3 has been completed and in the framework of the project the extension of tram line 1 to Újbuda has come to an end. By this the Rákóczi Bridge has gained its original function, said Mayor István Tarlós at the inauguration ceremony.
Govt Promises Free Meals For Poorer Kids In Hungary
- 10 Apr 2015 9:00 AM
- current affairs
Hungary’s crèches and kindergartens will offer poorer children three meals a day free of charge from September on, János Lázár, the cabinet chief, said. Some 320,000 children will be eligible for the free meals while welloff parents will still be charged for their children’s meals. On another subject, Lázár said that the government’s job protection scheme will be extended to farm workers in the ...
Hungarian Gov’t Throws Lifeline To Brokerage Victims
- 10 Apr 2015 9:00 AM
- business
The government will provide Ft 2 billion in the coming days to 84 local governments that lost money in the Buda-Cash brokerage scandal to help them pay for salaries and welfare transfers, PMO Minister János Lázár announced yesterday.
Hungarian Book Publisher Flees To Canada
- 7 Apr 2015 9:00 AM
- current affairs
András Kepets, owner of the Ulpius-ház publishing company, is hiding out in Canada, according to the tabloid Blikk. Kepets has been unavailable for weeks to his colleagues and the new management, while the company holds many outstanding debts.
New Documents Reveal How Hungary’s Malév Went Bankrupt
- 3 Apr 2015 9:00 AM
- travel
A new Hungarian airline company under the name of Veritas should have been operational ten months before the Malév bankruptcy. However, this did not happen as state investors intentionally delayed the star while Malév was consuming an enormous amount of state funds recently published inside documents reveal about the 2012 Malév-case.
Hungarian Consulate In Moscow Supplied EU Visas To 'Gangsters And Whores'
- 3 Apr 2015 9:00 AM
- current affairs
Translation of an article by András Dezső and Szabolcs Panyi “Előre kurvák, gengszterek! – A Kiss Szilárd-sztori III. rész” (“Whores and gangsters, forward!”- The Szilárd Kiss story part 3.”) published at Hungarian daily online Index.hu on 23. March 2015.
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 Residency Bond Sales Falling
- 16 Apr 2015 9:00 AM
- current affairs
Sales of residency bonds slowed down in March, after solid growth in the first two months, state debt manager ÁKK told Napi Gazdaság. Proceeds from the sale of the bonds, which grant residency status to non-EU citizens, reached €7.7 million in March after €16.7 million in both January and February.
IMF Raises Hungary 2015 Growth Forecast
- 15 Apr 2015 9:00 AM
- business
The International Monetary Fund (IMF) has raised its projection for economic growth in Hungary this year to 2.7% from 2.3% predicted last October. In its World Economic Outlook published Tuesday, the Fund said economic growth remained strong in Hungary but it is expected to decline this year on account of lower investment growth and less supportive fiscal conditions.
Extension Of Tram Line 1 To Újbuda Has Been Completed
- 11 Apr 2015 9:00 AM
- getting around
The development of tram lines 1 and 3 has been completed and in the framework of the project the extension of tram line 1 to Újbuda has come to an end. By this the Rákóczi Bridge has gained its original function, said Mayor István Tarlós at the inauguration ceremony.
Govt Promises Free Meals For Poorer Kids In Hungary
- 10 Apr 2015 9:00 AM
- current affairs
Hungary’s crèches and kindergartens will offer poorer children three meals a day free of charge from September on, János Lázár, the cabinet chief, said. Some 320,000 children will be eligible for the free meals while welloff parents will still be charged for their children’s meals. On another subject, Lázár said that the government’s job protection scheme will be extended to farm workers in the ...
Hungarian Gov’t Throws Lifeline To Brokerage Victims
- 10 Apr 2015 9:00 AM
- business
The government will provide Ft 2 billion in the coming days to 84 local governments that lost money in the Buda-Cash brokerage scandal to help them pay for salaries and welfare transfers, PMO Minister János Lázár announced yesterday.
Hungarian Book Publisher Flees To Canada
- 7 Apr 2015 9:00 AM
- current affairs
András Kepets, owner of the Ulpius-ház publishing company, is hiding out in Canada, according to the tabloid Blikk. Kepets has been unavailable for weeks to his colleagues and the new management, while the company holds many outstanding debts.
New Documents Reveal How Hungary’s Malév Went Bankrupt
- 3 Apr 2015 9:00 AM
- travel
A new Hungarian airline company under the name of Veritas should have been operational ten months before the Malév bankruptcy. However, this did not happen as state investors intentionally delayed the star while Malév was consuming an enormous amount of state funds recently published inside documents reveal about the 2012 Malév-case.
Hungarian Consulate In Moscow Supplied EU Visas To 'Gangsters And Whores'
- 3 Apr 2015 9:00 AM
- current affairs
Translation of an article by András Dezső and Szabolcs Panyi “Előre kurvák, gengszterek! – A Kiss Szilárd-sztori III. rész” (“Whores and gangsters, forward!”- The Szilárd Kiss story part 3.”) published at Hungarian daily online Index.hu on 23. March 2015.