114 result(s) for financial assets
NBH Governor: Hungary Sees Price, Financial Stability Since 2013
- 5 Nov 2015 8:00 AM
- business
Hungary has enjoyed price and financial stability since 2013, when changes got under way at the central bank, the bank’s governor, György Matolcsy, said. Addressing lawmakers in parliament in a debate of the bank’s 2012, 2013 and 2014 business reports, Matolcsy said the bank’s new leadership in place since March 2013 had returned to a “responsible, conservative, but creatively functioning” path ...
Video: US Ambassador To Hungary's “We Will Build a Stronger Bridge” Speech
- 31 Oct 2015 8:01 AM
- current affairs
US Ambassador Colleen Bell recently made numerous positive public remarks about Hungary, and also spoke of her country’s concerns - about corruption, a decline of freedom of the press, and xenophobic characterisations of refugees – during her speech on Wednesday 28 October at the Corvinus University in Budapest.
She said Hungary was not a place where journalists were jailed or tortured, ...
She said Hungary was not a place where journalists were jailed or tortured, ...
Hungary May Become Central-Europe’s Growth Hub
- 5 Oct 2015 11:00 AM
- business
Hungary has the capacity to become Central-Europe’s growth hub, Prime Minister Viktor Orbán said at the opening ceremony of the Bank of China’s RMB clearing centre in Hungary. Let us believe the Chinese (...), if they chose Budapest as their regional centre, there must plenty of steam, potential and future in this country (...). We are able to increase even our current economic performance, with ...
Anti Corruption Protests Held Across Hungary
- 20 Apr 2015 9:00 AM
- current affairs
Anti-corruption protests took place across Hungary today. In Budapest the demonstration started in front of the Eiffel Palace Office Building near the Nyugati (western) train station. A few minutes before the scheduled start of the protest it seemed as though police and members of the press would outnumber the protesters.
National Bank Of Hungary Revokes Quaestor Licence, Clearing Way For Client Compensation
- 20 Apr 2015 9:00 AM
- business
The National Bank of Hungary said it revoked the licence of brokerage Quaestor and ordered it under liquidation, clearing the way for compensation of its clients. The decision to revoke Quaestor’s licence was taken because the brokerage “cannot repay its debts, and its property and assets do not offer coverage for settlement of its liabilities”, the central bank and financial market regulator ...
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 ...
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.
No Compensation For Quaestor Clients
- 12 Mar 2015 8:00 AM
- business
The Investor Protection Fund (BEVA) is set to pay out its largest compensation ever, which may exceed its present budget of Ft 12 billion, to clients of collapsed brokerage Buda-Cash, Világgazdaság writes. So far, the largest amount of money paid out to victims of bankrupt brokerages came in 1999, when London Broker went belly-up.
Police Launch Investigation Into Quaestor
- 12 Mar 2015 8:00 AM
- business
The Hungarian police have launched an investigation of brokerage Quaestor on suspicion of fraud, the National Police Headquarters said. Quaestor’s headquarters were raided as part of the investigation, the police said. Earlier in the day political parties clashed over the brokerage scandal.
NBH Governor: Hungary Sees Price, Financial Stability Since 2013
- 5 Nov 2015 8:00 AM
- business
Hungary has enjoyed price and financial stability since 2013, when changes got under way at the central bank, the bank’s governor, György Matolcsy, said. Addressing lawmakers in parliament in a debate of the bank’s 2012, 2013 and 2014 business reports, Matolcsy said the bank’s new leadership in place since March 2013 had returned to a “responsible, conservative, but creatively functioning” path ...
Video: US Ambassador To Hungary's “We Will Build a Stronger Bridge” Speech
- 31 Oct 2015 8:01 AM
- current affairs
US Ambassador Colleen Bell recently made numerous positive public remarks about Hungary, and also spoke of her country’s concerns - about corruption, a decline of freedom of the press, and xenophobic characterisations of refugees – during her speech on Wednesday 28 October at the Corvinus University in Budapest.
She said Hungary was not a place where journalists were jailed or tortured, ...
She said Hungary was not a place where journalists were jailed or tortured, ...
Hungary May Become Central-Europe’s Growth Hub
- 5 Oct 2015 11:00 AM
- business
Hungary has the capacity to become Central-Europe’s growth hub, Prime Minister Viktor Orbán said at the opening ceremony of the Bank of China’s RMB clearing centre in Hungary. Let us believe the Chinese (...), if they chose Budapest as their regional centre, there must plenty of steam, potential and future in this country (...). We are able to increase even our current economic performance, with ...
Anti Corruption Protests Held Across Hungary
- 20 Apr 2015 9:00 AM
- current affairs
Anti-corruption protests took place across Hungary today. In Budapest the demonstration started in front of the Eiffel Palace Office Building near the Nyugati (western) train station. A few minutes before the scheduled start of the protest it seemed as though police and members of the press would outnumber the protesters.
National Bank Of Hungary Revokes Quaestor Licence, Clearing Way For Client Compensation
- 20 Apr 2015 9:00 AM
- business
The National Bank of Hungary said it revoked the licence of brokerage Quaestor and ordered it under liquidation, clearing the way for compensation of its clients. The decision to revoke Quaestor’s licence was taken because the brokerage “cannot repay its debts, and its property and assets do not offer coverage for settlement of its liabilities”, the central bank and financial market regulator ...
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 ...
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.
No Compensation For Quaestor Clients
- 12 Mar 2015 8:00 AM
- business
The Investor Protection Fund (BEVA) is set to pay out its largest compensation ever, which may exceed its present budget of Ft 12 billion, to clients of collapsed brokerage Buda-Cash, Világgazdaság writes. So far, the largest amount of money paid out to victims of bankrupt brokerages came in 1999, when London Broker went belly-up.
Police Launch Investigation Into Quaestor
- 12 Mar 2015 8:00 AM
- business
The Hungarian police have launched an investigation of brokerage Quaestor on suspicion of fraud, the National Police Headquarters said. Quaestor’s headquarters were raided as part of the investigation, the police said. Earlier in the day political parties clashed over the brokerage scandal.