149 result(s) for financial loss
Hungary’s Best-Selling Weekly HVG Faces Uncertain Future
- 4 Aug 2014 9:00 AM
- current affairs
The publisher of the weekly Hungarian news magazine hvg (short for Weekly World Economy) has denied reports appearing in pro-government Heti Valasz yesterday that its German owner WAZ was pulling out and its entire staff would be sacked. Hvg Zrt., which owns both the print and on-line editions of what is arguably Hungary’s most important independent news publication, promised a detailed statement ...
Foreign Parents To Be Hit By FX Bailout Costs In Hungary, Says Fitch
- 9 Jul 2014 9:00 AM
- business
Foreign owners will need to inject capital into their Hungarian units because of compensation lenders are asked to pay as part of a new law on relief for borrowers, Fitch Ratings said on Tuesday.
Owner Of Hungary’s K&H Bank Prepares For Losses
- 9 Jul 2014 9:00 AM
- business
Belgian financial group KBC, owner of Hungary’s K&H Bank, announced on Tuesday that it is setting aside €162 million in provisions for likely losses due to the foreign-currency loan bill passed on Friday.
Hungarian Baby Born From Dead Mother To Celebrate First Birthday
- 1 Jul 2014 1:00 AM
- health & wellness
The baby who was delivered by Cesarean section by a medical team of the University of Debrecen three months after the mother became brain-dead following a brain hemorrhage, and weighed only 1420 grams (somewhat over three pounds) will soon celebrate its first birthday. Doctors maintained the woman's bodily functions for 92 days, which saved not only the baby's life, but also kept some of the ...
Huge MOL Share Package Up For Sale In Hungary
- 26 Jun 2014 9:00 AM
- business
Citigroup has been commissioned to hold an auction for the sale of 4% of MOL shares in the price range of Ft 11,800-12,200 each, the bank announced after the close of trading on Thursday. The market value of the 4.28 million shares is Ft 50-52 billion, which equals the last three months’ trading volume of the stock last, portfolio.hu observes.
Hungary’s Supreme Court Kúria Acquits Former Budapest District Leaders
- 21 May 2014 9:00 AM
- current affairs
The Kúria, Hungary’s supreme court, acquitted on Tuesday the former mayor and his deputy of abusing their office. The two former officials, Socialist Mayor Gyula Molnár of the 11th district and Imre Lakos, his Free Democrat deputy, were accused of attempting to sell a valuable property owned by the local council to a private company without a public tender in 2006.
Xpat Opinion: Hungary's Forint Under Pressure
- 3 Feb 2014 8:00 AM
- current affairs
A business analyst says critics have been too hasty to condemn the National Bank for not resorting to swift “verbal intervention” in response to the heavy losses the Forint has suffered over the past week. A pro-government columnist urges decision makers to consider joining the Eurozone, in order to shield Hungary from currency fluctuations.
Xpat Opinion: The Risk Of Political Christianity: An Interview With Tamás Fabiny, Lutheran Bishop
- 21 Dec 2013 8:00 AM
- community & culture
Gábor Czene of Népszabadság conducted an interview with Tamás Fabiny, bishop of the northern district of the Hungarian Lutheran Church. Fabiny was ordained in Erlangen, Germany in 1982. He also studied in the United States. In addition to his church activities he worked for Duna TV. Since 2010 he has been the vice chairman of the Lutheran World Federation.
National Bank Of Hungary Fined Napi Gazdaság & Napi.hu For Illegal Market Manipulation
- 27 Nov 2013 8:00 AM
- business
The National Bank of Hungary (NBH) has fined the publisher Napi Gazdaság Kiadó and news portal Napi.hu 3 million forints each for illegal manipulation of the market. The NBH launched an investigation over an article published by the business daily as well as the news portal on October 16, which said Norway’s Oil Fund could consider selling its 1.6% stake in Hungarian oil and gas company MOL ...
Hungary’s Best-Selling Weekly HVG Faces Uncertain Future
- 4 Aug 2014 9:00 AM
- current affairs
The publisher of the weekly Hungarian news magazine hvg (short for Weekly World Economy) has denied reports appearing in pro-government Heti Valasz yesterday that its German owner WAZ was pulling out and its entire staff would be sacked. Hvg Zrt., which owns both the print and on-line editions of what is arguably Hungary’s most important independent news publication, promised a detailed statement ...
Foreign Parents To Be Hit By FX Bailout Costs In Hungary, Says Fitch
- 9 Jul 2014 9:00 AM
- business
Foreign owners will need to inject capital into their Hungarian units because of compensation lenders are asked to pay as part of a new law on relief for borrowers, Fitch Ratings said on Tuesday.
Owner Of Hungary’s K&H Bank Prepares For Losses
- 9 Jul 2014 9:00 AM
- business
Belgian financial group KBC, owner of Hungary’s K&H Bank, announced on Tuesday that it is setting aside €162 million in provisions for likely losses due to the foreign-currency loan bill passed on Friday.
Hungarian Baby Born From Dead Mother To Celebrate First Birthday
- 1 Jul 2014 1:00 AM
- health & wellness
The baby who was delivered by Cesarean section by a medical team of the University of Debrecen three months after the mother became brain-dead following a brain hemorrhage, and weighed only 1420 grams (somewhat over three pounds) will soon celebrate its first birthday. Doctors maintained the woman's bodily functions for 92 days, which saved not only the baby's life, but also kept some of the ...
Huge MOL Share Package Up For Sale In Hungary
- 26 Jun 2014 9:00 AM
- business
Citigroup has been commissioned to hold an auction for the sale of 4% of MOL shares in the price range of Ft 11,800-12,200 each, the bank announced after the close of trading on Thursday. The market value of the 4.28 million shares is Ft 50-52 billion, which equals the last three months’ trading volume of the stock last, portfolio.hu observes.
Hungary’s Supreme Court Kúria Acquits Former Budapest District Leaders
- 21 May 2014 9:00 AM
- current affairs
The Kúria, Hungary’s supreme court, acquitted on Tuesday the former mayor and his deputy of abusing their office. The two former officials, Socialist Mayor Gyula Molnár of the 11th district and Imre Lakos, his Free Democrat deputy, were accused of attempting to sell a valuable property owned by the local council to a private company without a public tender in 2006.
Xpat Opinion: Hungary's Forint Under Pressure
- 3 Feb 2014 8:00 AM
- current affairs
A business analyst says critics have been too hasty to condemn the National Bank for not resorting to swift “verbal intervention” in response to the heavy losses the Forint has suffered over the past week. A pro-government columnist urges decision makers to consider joining the Eurozone, in order to shield Hungary from currency fluctuations.
Xpat Opinion: The Risk Of Political Christianity: An Interview With Tamás Fabiny, Lutheran Bishop
- 21 Dec 2013 8:00 AM
- community & culture
Gábor Czene of Népszabadság conducted an interview with Tamás Fabiny, bishop of the northern district of the Hungarian Lutheran Church. Fabiny was ordained in Erlangen, Germany in 1982. He also studied in the United States. In addition to his church activities he worked for Duna TV. Since 2010 he has been the vice chairman of the Lutheran World Federation.
National Bank Of Hungary Fined Napi Gazdaság & Napi.hu For Illegal Market Manipulation
- 27 Nov 2013 8:00 AM
- business
The National Bank of Hungary (NBH) has fined the publisher Napi Gazdaság Kiadó and news portal Napi.hu 3 million forints each for illegal manipulation of the market. The NBH launched an investigation over an article published by the business daily as well as the news portal on October 16, which said Norway’s Oil Fund could consider selling its 1.6% stake in Hungarian oil and gas company MOL ...