918 result(s) for debt
No Food For Budapest Flight Passengers
- 16 Jul 2012 9:02 AM
- current affairs
“Budapest Airport has switched off electricity at the premises of Budapest Aeroservice,” CEO György Majtány of the flight catering company said. Budapest Aeroservice has not paid its rent or utility bills for months, according to the airport. “An agreement was reached on rescheduling our debt but Budapest Airport has not complied with it,” Majtány said.
Cabinet Provides Budapest Transport Company BKV Guarantees
- 6 Jul 2012 9:00 AM
- getting around
The cabinet has agreed to provide a full guarantee for financing the BKV after the city agreed on extending refinancing of the public transport company's Ft 63 billion debt with seven banks last week. The decision was made just before a Ft 48 billion BKV loan come due.
Est Media To Sell Its Stake In Sziget Festival In Budapest
- 5 Jul 2012 9:00 AM
- entertainment
Est Media must sell its 51% stake in Sziget, the company that organises the annual Sziget Festival, after it decided not to proceed with a planned issue of convertible bonds in a private placement, due to weak demand. The company needed the proceeds to swiftly refinance a Ft 860 million debt maturing later this month.
Hungarian Economy Minister: Growth And Job Creation Are Top Budget Priorities
- 3 Jul 2012 9:00 AM
- business
The 2013 budget is based on a turnaround in investments and will provide the necessary funds to bring that about, Economy Minister Gyorgy Matolcsy declared on Wednesday as Parliament began general debate on the draft document.
Budapest Airport Turns To The Constitutional Court Over Land Tax
- 29 Jun 2012 9:00 AM
- property
Budapest Airport has submitted a petition to the Constitutional Court of Hungary, as the airport operator believes that it has been the subject of a disproportionately large increase in land tax this year. Budapest Airport’s view is that the sudden and disproportionate increase in local land tax violates constitutional principles.
Hungarian State To Buy And Lease Back 25,000 Homes
- 28 Jun 2012 9:00 AM
- property
The state asset manager MNV expects to buy 8,000 homes from troubled mortgage debtors this year, 7,000 next year and 10,000 in 2014, according to a decree published in the official gazette Magyar Közlöny.
Hungarian Outlook: Draft Budget Of 2013
- 28 Jun 2012 1:30 AM
- business
The Budget Bill of 2013 submitted to parliament on 15 June by the government sets a deficit target of 2.2 percent which – via one of the most stable fiscal management policies of Europe – will adequately respond to the challenges imposed by the debt crisis" declares the Hungarian Government. The draft budget of 2013 projects real GDP growth of 1.6 percent and inflation of 4.2 percent, and an ...
Hungary: Council Lifts Cohesion Fund Suspension
- 26 Jun 2012 9:10 AM
- current affairs
The Council on 22 June adopted a decision lifting the suspension of cohesion fund commitments for Hungary. It concluded that Hungary has taken measures to correct its excessive government deficit by 2012, in line with the Council's recommendation of 13 March. Hungary's excessive deficit procedure nevertheless remains open.
Hungarian PM Attends Inauguration Service Of Police Officers
- 25 Jun 2012 9:00 AM
- current affairs
A country may be strong and successful if an appropriate state administration and economic system is combined with the dedication and honesty of those in the service of the State, Prime Minister Viktor Orbán stressed at the inauguration ceremony of the Law Enforcement Faculty of the National Public Service University held on Sunday.
No Food For Budapest Flight Passengers
- 16 Jul 2012 9:02 AM
- current affairs
“Budapest Airport has switched off electricity at the premises of Budapest Aeroservice,” CEO György Majtány of the flight catering company said. Budapest Aeroservice has not paid its rent or utility bills for months, according to the airport. “An agreement was reached on rescheduling our debt but Budapest Airport has not complied with it,” Majtány said.
Cabinet Provides Budapest Transport Company BKV Guarantees
- 6 Jul 2012 9:00 AM
- getting around
The cabinet has agreed to provide a full guarantee for financing the BKV after the city agreed on extending refinancing of the public transport company's Ft 63 billion debt with seven banks last week. The decision was made just before a Ft 48 billion BKV loan come due.
Est Media To Sell Its Stake In Sziget Festival In Budapest
- 5 Jul 2012 9:00 AM
- entertainment
Est Media must sell its 51% stake in Sziget, the company that organises the annual Sziget Festival, after it decided not to proceed with a planned issue of convertible bonds in a private placement, due to weak demand. The company needed the proceeds to swiftly refinance a Ft 860 million debt maturing later this month.
Hungarian Economy Minister: Growth And Job Creation Are Top Budget Priorities
- 3 Jul 2012 9:00 AM
- business
The 2013 budget is based on a turnaround in investments and will provide the necessary funds to bring that about, Economy Minister Gyorgy Matolcsy declared on Wednesday as Parliament began general debate on the draft document.
Budapest Airport Turns To The Constitutional Court Over Land Tax
- 29 Jun 2012 9:00 AM
- property
Budapest Airport has submitted a petition to the Constitutional Court of Hungary, as the airport operator believes that it has been the subject of a disproportionately large increase in land tax this year. Budapest Airport’s view is that the sudden and disproportionate increase in local land tax violates constitutional principles.
Hungarian State To Buy And Lease Back 25,000 Homes
- 28 Jun 2012 9:00 AM
- property
The state asset manager MNV expects to buy 8,000 homes from troubled mortgage debtors this year, 7,000 next year and 10,000 in 2014, according to a decree published in the official gazette Magyar Közlöny.
Hungarian Outlook: Draft Budget Of 2013
- 28 Jun 2012 1:30 AM
- business
The Budget Bill of 2013 submitted to parliament on 15 June by the government sets a deficit target of 2.2 percent which – via one of the most stable fiscal management policies of Europe – will adequately respond to the challenges imposed by the debt crisis" declares the Hungarian Government. The draft budget of 2013 projects real GDP growth of 1.6 percent and inflation of 4.2 percent, and an ...
Hungary: Council Lifts Cohesion Fund Suspension
- 26 Jun 2012 9:10 AM
- current affairs
The Council on 22 June adopted a decision lifting the suspension of cohesion fund commitments for Hungary. It concluded that Hungary has taken measures to correct its excessive government deficit by 2012, in line with the Council's recommendation of 13 March. Hungary's excessive deficit procedure nevertheless remains open.
Hungarian PM Attends Inauguration Service Of Police Officers
- 25 Jun 2012 9:00 AM
- current affairs
A country may be strong and successful if an appropriate state administration and economic system is combined with the dedication and honesty of those in the service of the State, Prime Minister Viktor Orbán stressed at the inauguration ceremony of the Law Enforcement Faculty of the National Public Service University held on Sunday.