103 result(s) for financial assets
Hungary Loses Three More Cases At European Court
- 23 Oct 2014 9:00 AM
- current affairs
A former public television employee, a former National Assets Management employee and an American citizen won their court cases against the Hungarian state at the European Court of Human Rights in Strasbourg on Tuesday. The court obliged Hungary to pay EUR 12,000 (USD 15,300) in compensation to the applicants.
Hungary’s OTP Considers Polish Acquisition
- 9 Oct 2014 9:00 AM
- business
OTP has set its sights on FM Bank, one of the smallest banks in Poland, whose owner may be forced to sell it, according to local media. Abris Capital Partners bought the bank from WestLB, with plans to list it on the stock market, but that attempt failed after the Polish regulator instructed the company to sell its stake.
Hungary’s Gov Control Office Extends Probe Into Swiss Funds Managed By Ökotárs
- 12 Sep 2014 9:00 AM
- current affairs
The Government Control Office (Kehi) has extended its investigation into Ökotárs Foundation, an organisation coordinating the distribution of funds from the EEA/Norway Grants in Hungary, to include support received from the Swiss-Hungarian Cooperation Programme and from the central budget, the office said on Thursday.
Information Note: Norway Grants In Hungary
- 10 Sep 2014 9:00 AM
- current affairs
The EEA and Norway Grants are the financial contribution of Norway, Iceland and Liechtenstein to support the development of certain EU Member States. Hungary has been a recipient since 2004.
Hungary’s Banking Sector Reports Enormous Q2 Losses
- 25 Aug 2014 4:00 AM
- business
Hungary’s banking sector reported enormous losses totaling HUF 361 billion (USD 1.57 billion) in Q2 2014 according to data released by the Hungarian National Bank (MNB) on Friday. This was mainly due to massive provisions against losses to cover the costs of refunding clients for past charges resulting from the currency spread and higher interest rates approved without the client’s consent.
Transparency International: It May Be A Free Election In Hungary, But It’s Not Fair
- 20 Mar 2014 8:00 AM
- current affairs
Three non-governmental organizations have teamed up in Hungary to determine how public funds are being used by political parties for the 2014 parliamentary election on April 6. International anti-corruption monitor Transparency International, Hungarian investigative journalism web portal Atlatszo.hu and Hungary’s public funds watchdog K-Monitor announced yesterday that they have launched ...
Hungary’s Central Bank Official Hints Bank’s Profits Could Be Higher
- 19 Mar 2014 8:00 AM
- business
Hungarian banks’ profits should be neither too high nor too low in the long term, according to a paper published on the National Bank of Hungary’s website. Banking sector ROE (return on equity) of 10-12% would “best serve the development of the Hungarian economy”, NBH managing director Márton Nagy and director Balázs Vonnák wrote in the paper, titled “The 10 Measures of a Well-Functioning ...
Xpat Opinion: Hungary's Socialist Party's Vice Chairman’s Undeclared Assets Case Still In Focus
- 17 Feb 2014 8:00 AM
- current affairs
A business weekly suggests that the mishandling of public funds in the 18th district of Budapest (in the pre-2010 period) must have given ample opportunity for Socialist luminaries to enrich themselves. A liberal commentator thinks that accusing Fidesz of having an even bigger appetite since then is no answer to the present case in which a leading Socialist politician was caught red handed.
Opposition Launches Asset Declaration Action Against Hungary’s Trade Chief
- 13 Feb 2014 8:00 AM
- current affairs
The left-of-centre Unity opposition alliance is launching a parliamentary procedure against Hungary’s trade chief, Péter Szijjártó, suspecting him of failing to fully declare his assets.
Hungary Loses Three More Cases At European Court
- 23 Oct 2014 9:00 AM
- current affairs
A former public television employee, a former National Assets Management employee and an American citizen won their court cases against the Hungarian state at the European Court of Human Rights in Strasbourg on Tuesday. The court obliged Hungary to pay EUR 12,000 (USD 15,300) in compensation to the applicants.
Hungary’s OTP Considers Polish Acquisition
- 9 Oct 2014 9:00 AM
- business
OTP has set its sights on FM Bank, one of the smallest banks in Poland, whose owner may be forced to sell it, according to local media. Abris Capital Partners bought the bank from WestLB, with plans to list it on the stock market, but that attempt failed after the Polish regulator instructed the company to sell its stake.
Hungary’s Gov Control Office Extends Probe Into Swiss Funds Managed By Ökotárs
- 12 Sep 2014 9:00 AM
- current affairs
The Government Control Office (Kehi) has extended its investigation into Ökotárs Foundation, an organisation coordinating the distribution of funds from the EEA/Norway Grants in Hungary, to include support received from the Swiss-Hungarian Cooperation Programme and from the central budget, the office said on Thursday.
Information Note: Norway Grants In Hungary
- 10 Sep 2014 9:00 AM
- current affairs
The EEA and Norway Grants are the financial contribution of Norway, Iceland and Liechtenstein to support the development of certain EU Member States. Hungary has been a recipient since 2004.
Hungary’s Banking Sector Reports Enormous Q2 Losses
- 25 Aug 2014 4:00 AM
- business
Hungary’s banking sector reported enormous losses totaling HUF 361 billion (USD 1.57 billion) in Q2 2014 according to data released by the Hungarian National Bank (MNB) on Friday. This was mainly due to massive provisions against losses to cover the costs of refunding clients for past charges resulting from the currency spread and higher interest rates approved without the client’s consent.
Transparency International: It May Be A Free Election In Hungary, But It’s Not Fair
- 20 Mar 2014 8:00 AM
- current affairs
Three non-governmental organizations have teamed up in Hungary to determine how public funds are being used by political parties for the 2014 parliamentary election on April 6. International anti-corruption monitor Transparency International, Hungarian investigative journalism web portal Atlatszo.hu and Hungary’s public funds watchdog K-Monitor announced yesterday that they have launched ...
Hungary’s Central Bank Official Hints Bank’s Profits Could Be Higher
- 19 Mar 2014 8:00 AM
- business
Hungarian banks’ profits should be neither too high nor too low in the long term, according to a paper published on the National Bank of Hungary’s website. Banking sector ROE (return on equity) of 10-12% would “best serve the development of the Hungarian economy”, NBH managing director Márton Nagy and director Balázs Vonnák wrote in the paper, titled “The 10 Measures of a Well-Functioning ...
Xpat Opinion: Hungary's Socialist Party's Vice Chairman’s Undeclared Assets Case Still In Focus
- 17 Feb 2014 8:00 AM
- current affairs
A business weekly suggests that the mishandling of public funds in the 18th district of Budapest (in the pre-2010 period) must have given ample opportunity for Socialist luminaries to enrich themselves. A liberal commentator thinks that accusing Fidesz of having an even bigger appetite since then is no answer to the present case in which a leading Socialist politician was caught red handed.
Opposition Launches Asset Declaration Action Against Hungary’s Trade Chief
- 13 Feb 2014 8:00 AM
- current affairs
The left-of-centre Unity opposition alliance is launching a parliamentary procedure against Hungary’s trade chief, Péter Szijjártó, suspecting him of failing to fully declare his assets.