918 result(s) for debt
Residents Evicted In Hungarian City Miskolc Slum Area
- 7 Aug 2014 9:00 AM
- current affairs
Residents have been evicted in the north-eastern city of Miskolc as part of the local government’s efforts to eliminate slums in the outskirts of the city. A woman and a family with three children were evicted based on a court order.
Xpat Opinion: Hungarian Weeklies On Orbán’s ‘Illiberal Democracy’
- 6 Aug 2014 9:00 AM
- current affairs
In their comments on the Prime Minister’s speech in Baile Tusnad (Tusnádfürdő) on July 26th, left-liberal weeklies accuse Viktor Orbán of openly opting for dictatorship instead of western democracy. Pro-government analysts retort that the speech has been distorted by the left.
Hungary's Forint Falls To 30-Month Low
- 6 Aug 2014 9:00 AM
- business
The forint declined to a 30-month low of 316 per euro on Tuesday afternoon after temporarily strengthening in the morning.
Below The Radar – Avoiding Scrutiny In Public Procurement In Hungary
- 4 Aug 2014 9:00 AM
- current affairs
Public procurement practices in Hungary are characterised by close relationships between many Hungarian state institutions and their networks of friendly contractors, which in turn demonstrate a good and very detailed grasp of the relevant legislation. In essence there is a limit below which government agencies can procure goods and services without having to announce an open call for bids. Since ...
Hungary’s Forint Sharply Down On Interbank Market
- 30 Jul 2014 9:00 AM
- business
The forint was trading at 310.79 to the euro late Tuesday on the interbank forex market, down from 308.98 late Monday. At 308.96 to the euro early Tuesday, the forint moved between 308.77 and 311.31, a ten-day low. The Hungarian currency sank back to levels before the decision of the National Bank of Hungary (NBH) a week ago to stop its easing cycle.
Hungary’s PM Orbán: Welfare State Thing Of Past
- 28 Jul 2014 9:00 AM
- current affairs
The welfare state system has exhausted its reserves and is doomed to failure, Prime Minister Viktor Orbán said at the Bálványos summer university on Saturday. In his address, Orbán insisted that the welfare state, with its amassed debt, is no longer a sustainable model for Western European societies.
Hungarian Government To Buy MKB Bank
- 25 Jul 2014 9:00 AM
- business
MKB owner BayernLB has agreed to sell the Hungarian bank to the government for €55 million, it was announced yesterday in Munich and Budapest. As part of the deal, BayernLB will cancel the €270 million debt owed to it by MKB.
Templeton Holds 12% Of Hungary's State Debt
- 24 Jul 2014 1:00 AM
- business
Franklin Templeton had nearly $13 billion or Ft 2.945 trillion invested in Hungarian bonds at the end of June, according to the US investment fund’s quarterly report. This amounts to 11.9% of the total budget debt.
Hungarian Govt To Freeze 110 Billion Forints In Spending
- 18 Jul 2014 9:00 AM
- current affairs
The government will freeze 110 billion forints (EUR 355m) in central budget expenditures to ensure that this year’s 2.9%-of-GDP deficit target can be met, Economy Minister Mihály Varga said on Thursday. The freeze will not affect families or businesses, only government expenditures, he said at a conference of the Hungarian Economic Association and the Fiscal Council.
Residents Evicted In Hungarian City Miskolc Slum Area
- 7 Aug 2014 9:00 AM
- current affairs
Residents have been evicted in the north-eastern city of Miskolc as part of the local government’s efforts to eliminate slums in the outskirts of the city. A woman and a family with three children were evicted based on a court order.
Xpat Opinion: Hungarian Weeklies On Orbán’s ‘Illiberal Democracy’
- 6 Aug 2014 9:00 AM
- current affairs
In their comments on the Prime Minister’s speech in Baile Tusnad (Tusnádfürdő) on July 26th, left-liberal weeklies accuse Viktor Orbán of openly opting for dictatorship instead of western democracy. Pro-government analysts retort that the speech has been distorted by the left.
Hungary's Forint Falls To 30-Month Low
- 6 Aug 2014 9:00 AM
- business
The forint declined to a 30-month low of 316 per euro on Tuesday afternoon after temporarily strengthening in the morning.
Below The Radar – Avoiding Scrutiny In Public Procurement In Hungary
- 4 Aug 2014 9:00 AM
- current affairs
Public procurement practices in Hungary are characterised by close relationships between many Hungarian state institutions and their networks of friendly contractors, which in turn demonstrate a good and very detailed grasp of the relevant legislation. In essence there is a limit below which government agencies can procure goods and services without having to announce an open call for bids. Since ...
Hungary’s Forint Sharply Down On Interbank Market
- 30 Jul 2014 9:00 AM
- business
The forint was trading at 310.79 to the euro late Tuesday on the interbank forex market, down from 308.98 late Monday. At 308.96 to the euro early Tuesday, the forint moved between 308.77 and 311.31, a ten-day low. The Hungarian currency sank back to levels before the decision of the National Bank of Hungary (NBH) a week ago to stop its easing cycle.
Hungary’s PM Orbán: Welfare State Thing Of Past
- 28 Jul 2014 9:00 AM
- current affairs
The welfare state system has exhausted its reserves and is doomed to failure, Prime Minister Viktor Orbán said at the Bálványos summer university on Saturday. In his address, Orbán insisted that the welfare state, with its amassed debt, is no longer a sustainable model for Western European societies.
Hungarian Government To Buy MKB Bank
- 25 Jul 2014 9:00 AM
- business
MKB owner BayernLB has agreed to sell the Hungarian bank to the government for €55 million, it was announced yesterday in Munich and Budapest. As part of the deal, BayernLB will cancel the €270 million debt owed to it by MKB.
Templeton Holds 12% Of Hungary's State Debt
- 24 Jul 2014 1:00 AM
- business
Franklin Templeton had nearly $13 billion or Ft 2.945 trillion invested in Hungarian bonds at the end of June, according to the US investment fund’s quarterly report. This amounts to 11.9% of the total budget debt.
Hungarian Govt To Freeze 110 Billion Forints In Spending
- 18 Jul 2014 9:00 AM
- current affairs
The government will freeze 110 billion forints (EUR 355m) in central budget expenditures to ensure that this year’s 2.9%-of-GDP deficit target can be met, Economy Minister Mihály Varga said on Thursday. The freeze will not affect families or businesses, only government expenditures, he said at a conference of the Hungarian Economic Association and the Fiscal Council.