2,357 result(s) for financial
Thousands Of Brokerage Jobs In Danger In Hungary
- 2 Apr 2015 9:00 AM
- business
The jobs of some 3,700 employees in 229 companies linked to the bankrupt brokerages Buda-Cash and Hungária Értékpapír are in danger, corporate data provider Opten said in a report issued yesterday. The affected companies were also active in public procurement tenders and over the last three years secured Ft 2.5 billion in EU subsidies.
Hundreds Of Thousands Of Hungarians Close Bank Accounts
- 2 Apr 2015 5:00 AM
- business
Over the past two years Hungarian private individuals closed over 430,000 bank accounts, business daily Világgazdaság said. In 2014 alone, the number of private bank accounts dropped by 282,000. The trend could be attributed to the duty imposed on financial transactions which triggered a rise in bank charges, according to the central bank.
Lazar Names Govt Agencies Impacted By Brokerage Scandals
- 2 Apr 2015 5:00 AM
- business
Cabinet chief János Lázár has mentioned the Prime Minister’s Office, the foreign ministry, the agricultural ministry, as well as a number of local governments as agencies that had financial dealings with brokerage companies. Lazar referred to a 17 billion forint (EUR 56m) loan granted by the Hungarian Development Bank under a previous, Socialist, government to now bankrupted Quaestor, as the ...
Lawmakers Pass Law To Freeze Assets At Scandal-Ridden Firms
- 1 Apr 2015 9:00 AM
- current affairs
Lawmakers approved a bill which will allow the assets of companies and their executives linked to the recent brokerage scandals to be frozen. The measure will affect company groups, their top executives, members of their supervisory boards as well as some auditors. The bill submitted last week by Antal Rogán, head of the parliamentary group of the ruling Fidesz party, and Péter Harrach of the ...
Referendum Questions Rejected
- 31 Mar 2015 9:00 AM
- current affairs
The National Election Committee (NVB) has rejected various referendum questions submitted by a civil organisation. At an anti-government demonstration on March 15, the organisers announced it would put forward 19 questions covering corruption, the economy, educational and social goals, eliminating the state’s tobacco monopoly, opening up secret files on key state investments and abolishing toll ...
Billions Loaned To Quaestor Under Gyurcsány Govt, Says Fidesz
- 31 Mar 2015 9:00 AM
- business
Hungary’s Fidesz ruling party has proposed setting up a parliamentary sub-committee to investigate a government loan to the Quaestor brokerage made under the Socialist administration of Ferenc Gyurcsány.
If Viktor Orbán Can Survive Broker Scandal, He Can Survive Anything
- 30 Mar 2015 9:00 AM
- current affairs
Hungarian Prime Minister Viktor Orbán acknowledged on Wednesday that he himself ordered ministries to withdraw their money from brokerage firms. If the decision was based on inside information then the Prime Minister acknowledged committing a serious economic crime.
Xpat Opinion: Corruption Cases Eroding Faith
- 25 Mar 2015 8:00 AM
- current affairs
By Tom Popper, Managing Editor, Budapest Business Journal:It’s about time someone looked into Péter Juhász’s allegations. According to the fifth district councilman, his own local government has been giving away real estate at fabulous discounts to friends of the people in power for years now.
Budapest Assembly Restores Temporary Homeless Allowance
- 24 Mar 2015 8:00 AM
- current affairs
The Budapest assembly unanimously approved an opposition proposal to restore a temporary homeless allowance in a vote on Monday. The related amendment submitted by opposition LMP deputy Antal Csárdi restores the ten-month 11,400 forint (EUR 38) monthly allowance scrapped at the beginning of March.
Thousands Of Brokerage Jobs In Danger In Hungary
- 2 Apr 2015 9:00 AM
- business
The jobs of some 3,700 employees in 229 companies linked to the bankrupt brokerages Buda-Cash and Hungária Értékpapír are in danger, corporate data provider Opten said in a report issued yesterday. The affected companies were also active in public procurement tenders and over the last three years secured Ft 2.5 billion in EU subsidies.
Hundreds Of Thousands Of Hungarians Close Bank Accounts
- 2 Apr 2015 5:00 AM
- business
Over the past two years Hungarian private individuals closed over 430,000 bank accounts, business daily Világgazdaság said. In 2014 alone, the number of private bank accounts dropped by 282,000. The trend could be attributed to the duty imposed on financial transactions which triggered a rise in bank charges, according to the central bank.
Lazar Names Govt Agencies Impacted By Brokerage Scandals
- 2 Apr 2015 5:00 AM
- business
Cabinet chief János Lázár has mentioned the Prime Minister’s Office, the foreign ministry, the agricultural ministry, as well as a number of local governments as agencies that had financial dealings with brokerage companies. Lazar referred to a 17 billion forint (EUR 56m) loan granted by the Hungarian Development Bank under a previous, Socialist, government to now bankrupted Quaestor, as the ...
Lawmakers Pass Law To Freeze Assets At Scandal-Ridden Firms
- 1 Apr 2015 9:00 AM
- current affairs
Lawmakers approved a bill which will allow the assets of companies and their executives linked to the recent brokerage scandals to be frozen. The measure will affect company groups, their top executives, members of their supervisory boards as well as some auditors. The bill submitted last week by Antal Rogán, head of the parliamentary group of the ruling Fidesz party, and Péter Harrach of the ...
Referendum Questions Rejected
- 31 Mar 2015 9:00 AM
- current affairs
The National Election Committee (NVB) has rejected various referendum questions submitted by a civil organisation. At an anti-government demonstration on March 15, the organisers announced it would put forward 19 questions covering corruption, the economy, educational and social goals, eliminating the state’s tobacco monopoly, opening up secret files on key state investments and abolishing toll ...
Billions Loaned To Quaestor Under Gyurcsány Govt, Says Fidesz
- 31 Mar 2015 9:00 AM
- business
Hungary’s Fidesz ruling party has proposed setting up a parliamentary sub-committee to investigate a government loan to the Quaestor brokerage made under the Socialist administration of Ferenc Gyurcsány.
If Viktor Orbán Can Survive Broker Scandal, He Can Survive Anything
- 30 Mar 2015 9:00 AM
- current affairs
Hungarian Prime Minister Viktor Orbán acknowledged on Wednesday that he himself ordered ministries to withdraw their money from brokerage firms. If the decision was based on inside information then the Prime Minister acknowledged committing a serious economic crime.
Xpat Opinion: Corruption Cases Eroding Faith
- 25 Mar 2015 8:00 AM
- current affairs
By Tom Popper, Managing Editor, Budapest Business Journal:It’s about time someone looked into Péter Juhász’s allegations. According to the fifth district councilman, his own local government has been giving away real estate at fabulous discounts to friends of the people in power for years now.
Budapest Assembly Restores Temporary Homeless Allowance
- 24 Mar 2015 8:00 AM
- current affairs
The Budapest assembly unanimously approved an opposition proposal to restore a temporary homeless allowance in a vote on Monday. The related amendment submitted by opposition LMP deputy Antal Csárdi restores the ten-month 11,400 forint (EUR 38) monthly allowance scrapped at the beginning of March.