76 result(s) for debtor
Xpat Opinion: Hungarian Banks Win Loan Court Case
- 9 Jul 2013 9:00 AM
- business
A conservative blogger believes that creditors who demand radical state action and even the annulation of their mortgage loan contracts echo the public culture of the pre-1989 era.
Government Continues To Stand For The Protection Of Foreign Currency Debtors
- 1 Jul 2013 9:00 AM
- property
The European Commission notified Hungary already in December 2011 within an EU Pilot procedure which warns that the Government Decree stipulating that the monthly income of applicants of foreign currency loans shall exceed a sum equivalent of 15 times the amount of official minimum wage, and the income shall be received in the same currency in which the loan is denominated violates EU law.
'Minister Varga, Growth & Forint', By Ferenc Kumin
- 12 Mar 2013 8:00 AM
- current affairs
Ferenc Kumin is the Deputy State Secretary For International Communications In Hungary: Beginning this week, Hungary has a new minister of national economy: Mihaly Varga. Varga assumes the post after serving most recently as the minister without portfolio responsible for relations with international financial organizations. Previously, he was state secretary running the Prime Minister’s Office ...
Hungarian Debtors Shy From Fixed-Rate Repayment
- 30 Nov 2012 8:00 AM
- property
The number of foreign-currency mortgage debtors joining the fixed-rate repayment scheme was 15,552 in October, the financial supervisory Pszáf has announced. The scheme allows debtors to temporarily fix loan repayments at a rate of Ft 180 to the Swiss franc, or Ft 250 to the euro, while the difference between the actual and fixed exchange rates would accumulate in an accrual account to be repaid ...
Minister Of State Cséfalvay On The Hungarian Economy And Talks With The IMF
- 17 Oct 2012 9:00 AM
- current affairs
“Europe was slumbering in the past decade and so was Hungary”, as no real reforms had been implemented either domestically or abroad – Minister of State for Economic Strategy pointed out in his speech held at the Budapest Economic Forum. The Minister of State at the Ministry for National Economy has described those key reasons which had caused a dual, political-economic crisis in the euro-zone ...
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.
National Consultations Will Begin Concerning Job Creation In Hungary
- 29 May 2012 9:00 AM
- current affairs
The Government will consult the public primarily on issues related to the creation of jobs as part of another series of national consultations, Prime Minister Viktor Orbán said on Friday in the morning show of the public service radio.
Low Rents For Failed Mortgage Debtors In Hungary
- 22 Mar 2012 8:00 AM
- property
"The cabinet yesterday decided that very low rents will be charged to troubled mortgage borrowers who sell their homes to the National Asset Manger (NET). The NET was created last year to buy an estimated 25,000 homes by 2014 at 35-55% of market value from financially strapped mortgage debtors, who will become tenants.
Bank Sector In Hungary Losing Its Competitiveness
- 24 Nov 2010 1:00 AM
- business
"The bank tax, the freeze on foreclosures and the strong Swiss franc have depressed Hungarian banks’ income-generating capacity to the extent that their ability to contribute to economic growth will decline, the national bank MNB warned in its quarterly report on financial stability.
Xpat Opinion: Hungarian Banks Win Loan Court Case
- 9 Jul 2013 9:00 AM
- business
A conservative blogger believes that creditors who demand radical state action and even the annulation of their mortgage loan contracts echo the public culture of the pre-1989 era.
Government Continues To Stand For The Protection Of Foreign Currency Debtors
- 1 Jul 2013 9:00 AM
- property
The European Commission notified Hungary already in December 2011 within an EU Pilot procedure which warns that the Government Decree stipulating that the monthly income of applicants of foreign currency loans shall exceed a sum equivalent of 15 times the amount of official minimum wage, and the income shall be received in the same currency in which the loan is denominated violates EU law.
'Minister Varga, Growth & Forint', By Ferenc Kumin
- 12 Mar 2013 8:00 AM
- current affairs
Ferenc Kumin is the Deputy State Secretary For International Communications In Hungary: Beginning this week, Hungary has a new minister of national economy: Mihaly Varga. Varga assumes the post after serving most recently as the minister without portfolio responsible for relations with international financial organizations. Previously, he was state secretary running the Prime Minister’s Office ...
Hungarian Debtors Shy From Fixed-Rate Repayment
- 30 Nov 2012 8:00 AM
- property
The number of foreign-currency mortgage debtors joining the fixed-rate repayment scheme was 15,552 in October, the financial supervisory Pszáf has announced. The scheme allows debtors to temporarily fix loan repayments at a rate of Ft 180 to the Swiss franc, or Ft 250 to the euro, while the difference between the actual and fixed exchange rates would accumulate in an accrual account to be repaid ...
Minister Of State Cséfalvay On The Hungarian Economy And Talks With The IMF
- 17 Oct 2012 9:00 AM
- current affairs
“Europe was slumbering in the past decade and so was Hungary”, as no real reforms had been implemented either domestically or abroad – Minister of State for Economic Strategy pointed out in his speech held at the Budapest Economic Forum. The Minister of State at the Ministry for National Economy has described those key reasons which had caused a dual, political-economic crisis in the euro-zone ...
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.
National Consultations Will Begin Concerning Job Creation In Hungary
- 29 May 2012 9:00 AM
- current affairs
The Government will consult the public primarily on issues related to the creation of jobs as part of another series of national consultations, Prime Minister Viktor Orbán said on Friday in the morning show of the public service radio.
Low Rents For Failed Mortgage Debtors In Hungary
- 22 Mar 2012 8:00 AM
- property
"The cabinet yesterday decided that very low rents will be charged to troubled mortgage borrowers who sell their homes to the National Asset Manger (NET). The NET was created last year to buy an estimated 25,000 homes by 2014 at 35-55% of market value from financially strapped mortgage debtors, who will become tenants.
Bank Sector In Hungary Losing Its Competitiveness
- 24 Nov 2010 1:00 AM
- business
"The bank tax, the freeze on foreclosures and the strong Swiss franc have depressed Hungarian banks’ income-generating capacity to the extent that their ability to contribute to economic growth will decline, the national bank MNB warned in its quarterly report on financial stability.