534 result(s) for eu loan
Lázár: Reports Of Abuse Against Migrants ‘Lies’
- 15 Jul 2016 9:00 AM
- current affairs
Government office chief János Lázár rejected reports by human rights organisations accusing Hungarian authorities of being violent towards migrants at the border as “lies and slander”. He said authorities handled migrants in a professional manner. Human Rights Watch said in a report published on Wednesday that Hungary’s authorities “summarily force” migrants back to Serbia at the southern border, ...
Mayor: Budapest Not Ready To Set Start Date For Metro Revamp
- 8 Jul 2016 2:00 AM
- getting around
Budapest’s municipal council has yet to set a start date for upgrading the third metro line, Budapest Mayor István Tarlós said. The planned duration of the project has not changed, Tarlós told a press conference, adding that delays may be avoidable.
Moody’s Upgrades Hungary’s Banking System Outlook To Positive
- 30 Jun 2016 9:00 AM
- business
Ratings agency Moody’s Investors Service upgraded the outlook of Hungary’s banking system to positive, the rating agency said today in a report entitled “Banking System Outlook - Hungary”. Moodyʼs noted, however, that government support for banks in the EU, including Hungary, is less certain under the provisions of the EUʼs Bank Recovery and Resolution Directive.
Gross Wages Rise 6.4% In April
- 22 Jun 2016 9:00 AM
- business
The average gross wage in Hungary was 264,471 forints (EUR 845) in April, up by 6.4% from the same month a year earlier, the Central Statistical Office (KSH) said. Net wage growth outpaced the increase, rising by 8.0% to 175,874 forints, because of a one percentage point cut in the personal income tax rate, to 15%, from January.
Zsolnay Under Threat Of Liquidation
- 31 May 2016 9:00 AM
- business
The state-owned Hungarian Development Bank (MFB) will initiate a liquidation procedure against renowned porcelain maker Zsolnay if it fails to comply with the repayment schedule on a 413 million forint (EUR 1.3m) loan that matured last August, daily Népszabadság said on Monday.
Budapest Local Govt Plans To Renovate Chain Bridge
- 20 May 2016 9:00 AM
- getting around
Budapest mayor István Tarlós has announced plans to renovate the city’s iconic Chain Bridge and remodel Blaha Lujza Square in central Budapest. Speaking at an AmCham event, Tarlós said the Buda Castle tunnel was also a contender for renovation and plans are to revamp the Cog-Wheel railway, extending it to Széll Kálmán Square in one direction and all the way to Normafa Hill in the other.
Orbán Confirms Support For CBank Governor
- 10 May 2016 9:00 AM
- current affairs
Prime Minister Viktor Orbán has repeatedly voiced support for the governor of the National Bank of Hungary, after opposition Socialist and LMP deputies urged his removal in parliament. György Matolcsy has “saved” forex debtors, promoted Hungary’s economic growth with a loan programme and reduced inflation, the prime minister argued and assured him of his “full” support.
Matolcsy: Criticism On Central Bank Foundations Political Bluff
- 9 May 2016 9:00 AM
- current affairs
Criticism of the central bank and its foundations is “political bluff”, the bank’s governor György Matolcsy said in an interview published in Friday’s daily Magyar Nemzet. Matolcsy said he highly valued the trust placed in him by Prime Minister Viktor Orbán and he was sure that they would continue to work together.
Constellation Hotels, Property Market Partner Up For Budapest Development
- 5 May 2016 9:00 AM
- property
Qatari-owned property investor Constellation Hotels Holdings agreed to partner up with Hungarian peer Property Market in an office and residential development in the south of Budapest, Hungarian news agency MTI reported.
Lázár: Reports Of Abuse Against Migrants ‘Lies’
- 15 Jul 2016 9:00 AM
- current affairs
Government office chief János Lázár rejected reports by human rights organisations accusing Hungarian authorities of being violent towards migrants at the border as “lies and slander”. He said authorities handled migrants in a professional manner. Human Rights Watch said in a report published on Wednesday that Hungary’s authorities “summarily force” migrants back to Serbia at the southern border, ...
Mayor: Budapest Not Ready To Set Start Date For Metro Revamp
- 8 Jul 2016 2:00 AM
- getting around
Budapest’s municipal council has yet to set a start date for upgrading the third metro line, Budapest Mayor István Tarlós said. The planned duration of the project has not changed, Tarlós told a press conference, adding that delays may be avoidable.
Moody’s Upgrades Hungary’s Banking System Outlook To Positive
- 30 Jun 2016 9:00 AM
- business
Ratings agency Moody’s Investors Service upgraded the outlook of Hungary’s banking system to positive, the rating agency said today in a report entitled “Banking System Outlook - Hungary”. Moodyʼs noted, however, that government support for banks in the EU, including Hungary, is less certain under the provisions of the EUʼs Bank Recovery and Resolution Directive.
Gross Wages Rise 6.4% In April
- 22 Jun 2016 9:00 AM
- business
The average gross wage in Hungary was 264,471 forints (EUR 845) in April, up by 6.4% from the same month a year earlier, the Central Statistical Office (KSH) said. Net wage growth outpaced the increase, rising by 8.0% to 175,874 forints, because of a one percentage point cut in the personal income tax rate, to 15%, from January.
Zsolnay Under Threat Of Liquidation
- 31 May 2016 9:00 AM
- business
The state-owned Hungarian Development Bank (MFB) will initiate a liquidation procedure against renowned porcelain maker Zsolnay if it fails to comply with the repayment schedule on a 413 million forint (EUR 1.3m) loan that matured last August, daily Népszabadság said on Monday.
Budapest Local Govt Plans To Renovate Chain Bridge
- 20 May 2016 9:00 AM
- getting around
Budapest mayor István Tarlós has announced plans to renovate the city’s iconic Chain Bridge and remodel Blaha Lujza Square in central Budapest. Speaking at an AmCham event, Tarlós said the Buda Castle tunnel was also a contender for renovation and plans are to revamp the Cog-Wheel railway, extending it to Széll Kálmán Square in one direction and all the way to Normafa Hill in the other.
Orbán Confirms Support For CBank Governor
- 10 May 2016 9:00 AM
- current affairs
Prime Minister Viktor Orbán has repeatedly voiced support for the governor of the National Bank of Hungary, after opposition Socialist and LMP deputies urged his removal in parliament. György Matolcsy has “saved” forex debtors, promoted Hungary’s economic growth with a loan programme and reduced inflation, the prime minister argued and assured him of his “full” support.
Matolcsy: Criticism On Central Bank Foundations Political Bluff
- 9 May 2016 9:00 AM
- current affairs
Criticism of the central bank and its foundations is “political bluff”, the bank’s governor György Matolcsy said in an interview published in Friday’s daily Magyar Nemzet. Matolcsy said he highly valued the trust placed in him by Prime Minister Viktor Orbán and he was sure that they would continue to work together.
Constellation Hotels, Property Market Partner Up For Budapest Development
- 5 May 2016 9:00 AM
- property
Qatari-owned property investor Constellation Hotels Holdings agreed to partner up with Hungarian peer Property Market in an office and residential development in the south of Budapest, Hungarian news agency MTI reported.