67 result(s) for economy in Property
Xpat Opinion: A Solution In Sight For The Forex Mortgage Crisis In Hungary
- 29 Aug 2013 9:00 AM
- property
Magyar Nemzet welcomes an initiative by the new management of the National Bank to alleviate the burden on families indebted in foreign currencies, which could help them cope better with their debts.
Hungary's Gov’t May Mandate FX Mortgage Solution
- 5 Aug 2013 8:00 AM
- property
The government will present its own proposal on foreign-currency mortgages to Parliament if it does not reach an agreement with the banks in the autumn, Economy Minister Mihály Varga said yesterday. One day after meeting with bank leaders, he said on TV2 on Kossuth Radio and in an interview with Magyar Hírlap that a solution must enable the conversion of foreign-currency loans into forint-based ...
Hungarian Minister Talks With Advocacy Groups Re Foreign Currency Loans
- 1 Aug 2013 7:00 AM
- property
Minister for National Economy Mihály Varga met with representatives of the Civil Összefogás Fórum-Civil Összefogás Közhasznú Alapítvány (Civic Forum-Civic Union Public Benefit Foundation) earlier today in order to come to a compromise and a satisfying, solidarity-based solution with regard to the issue of foreign currency debtors in general and that of foreign currency mortgages in particular, ...
Hungary's Gov To Remove Foreign-Currency Denominated Mortgages From Market
- 29 Jul 2013 9:00 AM
- property
The Government has given the economy minister, Mihály Varga, a mandate to remove foreign-currency denominated mortgages from the Hungarian financial system, Prime Minister Viktor Orbán said in his regular morning interview on Kossuth public radio, adding that a solution is required, which does not endanger the financial system.
Foreign Currency Denominated Mortgages For Home Purchases In Hungary Shall Be Phased Out
- 25 Jul 2013 9:00 AM
- property
The Minister for National Economy is about to start negotiations with credit- and financial institutions active in the field of domestic lending. Minister Varga said that in the opinion of the Government foreign currency denominated mortgages for home purchases need to be eliminated from the domestic lending market in a way which “takes into consideration the aspects of timing and burden-bearing”.
EU Leaders Must Guarantee A Greener & Fairer Future For Europe's Farming & Rural Areas
- 1 Jul 2013 9:00 AM
- property
On the eve of EU Budget negotiations the IFOAM EU Group calls on EU Heads of State and Government to lay the foundations for a greener and fairer CAP. Proposed disproportionate cuts to the Pillar 2 budget and any weakening of Pillar 1 greening under the next Multi-annual Financial Framework (MMF) 2014-2020 must be rejected.
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.
Hungary's Opposition United Against Flat Tax
- 16 Jan 2013 8:00 AM
- property
The Socialist Party, the Democratic Coalition, the Social Democrat Party and Alliance for Hungary agreed in Tuesday talks to abolish the flat tax but failed to reach consensus on the pace of abolishing the special taxes on certain business sectors.
CEE Property Markets: Stalled Recovery Or The Beginning of Another Recession?
- 18 Dec 2012 8:00 AM
- property
According to KPMG’s new publication CEE Property Lending Barometer 2012, banks appear to be even less sanguine about a recovery of the real estate market. To assess the prospects for bank financing in the CEE real estate sector, KPMG surveyed 35 of the region’s leading banks. Despite the gloom, real estate projects with a strong business case do receive finance. It’s a typical scene in the region.
Xpat Opinion: A Solution In Sight For The Forex Mortgage Crisis In Hungary
- 29 Aug 2013 9:00 AM
- property
Magyar Nemzet welcomes an initiative by the new management of the National Bank to alleviate the burden on families indebted in foreign currencies, which could help them cope better with their debts.
Hungary's Gov’t May Mandate FX Mortgage Solution
- 5 Aug 2013 8:00 AM
- property
The government will present its own proposal on foreign-currency mortgages to Parliament if it does not reach an agreement with the banks in the autumn, Economy Minister Mihály Varga said yesterday. One day after meeting with bank leaders, he said on TV2 on Kossuth Radio and in an interview with Magyar Hírlap that a solution must enable the conversion of foreign-currency loans into forint-based ...
Hungarian Minister Talks With Advocacy Groups Re Foreign Currency Loans
- 1 Aug 2013 7:00 AM
- property
Minister for National Economy Mihály Varga met with representatives of the Civil Összefogás Fórum-Civil Összefogás Közhasznú Alapítvány (Civic Forum-Civic Union Public Benefit Foundation) earlier today in order to come to a compromise and a satisfying, solidarity-based solution with regard to the issue of foreign currency debtors in general and that of foreign currency mortgages in particular, ...
Hungary's Gov To Remove Foreign-Currency Denominated Mortgages From Market
- 29 Jul 2013 9:00 AM
- property
The Government has given the economy minister, Mihály Varga, a mandate to remove foreign-currency denominated mortgages from the Hungarian financial system, Prime Minister Viktor Orbán said in his regular morning interview on Kossuth public radio, adding that a solution is required, which does not endanger the financial system.
Foreign Currency Denominated Mortgages For Home Purchases In Hungary Shall Be Phased Out
- 25 Jul 2013 9:00 AM
- property
The Minister for National Economy is about to start negotiations with credit- and financial institutions active in the field of domestic lending. Minister Varga said that in the opinion of the Government foreign currency denominated mortgages for home purchases need to be eliminated from the domestic lending market in a way which “takes into consideration the aspects of timing and burden-bearing”.
EU Leaders Must Guarantee A Greener & Fairer Future For Europe's Farming & Rural Areas
- 1 Jul 2013 9:00 AM
- property
On the eve of EU Budget negotiations the IFOAM EU Group calls on EU Heads of State and Government to lay the foundations for a greener and fairer CAP. Proposed disproportionate cuts to the Pillar 2 budget and any weakening of Pillar 1 greening under the next Multi-annual Financial Framework (MMF) 2014-2020 must be rejected.
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.
Hungary's Opposition United Against Flat Tax
- 16 Jan 2013 8:00 AM
- property
The Socialist Party, the Democratic Coalition, the Social Democrat Party and Alliance for Hungary agreed in Tuesday talks to abolish the flat tax but failed to reach consensus on the pace of abolishing the special taxes on certain business sectors.
CEE Property Markets: Stalled Recovery Or The Beginning of Another Recession?
- 18 Dec 2012 8:00 AM
- property
According to KPMG’s new publication CEE Property Lending Barometer 2012, banks appear to be even less sanguine about a recovery of the real estate market. To assess the prospects for bank financing in the CEE real estate sector, KPMG surveyed 35 of the region’s leading banks. Despite the gloom, real estate projects with a strong business case do receive finance. It’s a typical scene in the region.