167 result(s) for financial loss
Hungary’s Constitutional Changes Fuel New Tensions
- 10 Mar 2013 8:00 AM
- current affairs
Thousands of Hungarians protested in central Budapest on Saturday (9 March) against imminent changes to the country's constitution which they fear would curb democratic rights, echoing worries this week from the European Union and the United States.
Xpat Opinion: Hungarian Government’s Chances In The Tuition Battle
- 14 Dec 2012 4:00 AM
- current affairs
A centrist analyst asks if the government can avoid paying a heavy political price for its higher education reform and the communication strategy which surrounds it.
Xpat Opinion: Not Only The University Students Are Unhappy In Hungary
- 12 Dec 2012 12:00 AM
- current affairs
Already yesterday news leaked out from government circles that taking on the university students might not have been the brightest idea. Even Zsolt Bayer warned the government that it must take the students seriously because otherwise “we might be swept away.” Orbán and his old college friends who run the country nowadays should know the strength of a student revolt, he warned. It’s enough to ...
Hungary's Downgrade By Standard&Poor’s Rating Services Should Not Be Taken Seriously
- 27 Nov 2012 8:02 AM
- business
Rating agencies can no longer be taken seriously as they were the ones that suffered the largest loss of credibility during the years of crisis. Having failed to predict the financial crisis, they are a thing of the past now. The future will not depend on them or on speculators, but on countries and production. Instead of credit rating agencies, Hungary has been assessed by investors which have ...
Xpat Opinion: A Sinking Ship? Is It Time For Orbán’s Hungary To Turn Westward?
- 6 Sep 2012 9:00 AM
- current affairs
Just as I feared, we will have to return to Azerbaijan, not so much as a diplomatic issue but as a part of the financial plans that may have been behind the decision to release a convicted murderer to Baku. Because surely no one will believe the story the Hungarian Foreign Ministry came up with yesterday, that Hungary was conned by the Azeris. The current claim is that the Hungarians believed in ...
Hungary's PM Orban Refuses To Back Down On Extending New Tax To MNB
- 31 Jul 2012 9:00 AM
- current affairs
The government will insist during loan talks with the EU and IMF that the financial transaction tax be applied to the MNB, Prime Minister Viktor Orban told reporters last week. The government and the IMF disagree on this issue, he said, one day after the European Central Bank (ECB) also expressed its opposition, saying the measure may violate EU rules.
Hungary's Oldest Meat Processor Awaits Lifeline From State
- 30 Jul 2012 9:00 AM
- current affairs
Troubled meat processor Gyulai Húskombinát needs a Ft 1 billion capital injection to keep its operations stable at home and abroad, Magyar Hírlap was informed. Talks with the government and the town of Gyula on a possible financial lifeline are ongoing, but it is too early to speak about details, said CEO János Ruck.
Xpat Opinion: Statement By The IMF Mission To Hungary
- 26 Jul 2012 1:00 AM
- current affairs
An International Monetary Fund (IMF) mission visited Budapest during July 17-25 to start discussions on an IMF/EU-supported program following a request by the Hungarian authorities. The IMF mission worked in close cooperation with a mission from the European Commission and observers from the European Central Bank. At the conclusion of the visit, Thanos Arvanitis, IMF mission chief for Hungary, ...
Xpat Opinion: Viktor Orbán On Higher Education: An Outrage
- 23 Jul 2012 1:00 AM
- current affairs
About a week ago Viktor Orbán announced that he will be taking a two-week holiday because his “batteries were exhausted.” He will spend time with his family in Felcsút and perhaps at Lake Balaton. I’m sure that a lot of people received this announcement with a certain amount of relief because lately the Hungarian prime minister has been delivering speeches that made not the slightest sense. ...
Hungary’s Constitutional Changes Fuel New Tensions
- 10 Mar 2013 8:00 AM
- current affairs
Thousands of Hungarians protested in central Budapest on Saturday (9 March) against imminent changes to the country's constitution which they fear would curb democratic rights, echoing worries this week from the European Union and the United States.
Xpat Opinion: Hungarian Government’s Chances In The Tuition Battle
- 14 Dec 2012 4:00 AM
- current affairs
A centrist analyst asks if the government can avoid paying a heavy political price for its higher education reform and the communication strategy which surrounds it.
Xpat Opinion: Not Only The University Students Are Unhappy In Hungary
- 12 Dec 2012 12:00 AM
- current affairs
Already yesterday news leaked out from government circles that taking on the university students might not have been the brightest idea. Even Zsolt Bayer warned the government that it must take the students seriously because otherwise “we might be swept away.” Orbán and his old college friends who run the country nowadays should know the strength of a student revolt, he warned. It’s enough to ...
Hungary's Downgrade By Standard&Poor’s Rating Services Should Not Be Taken Seriously
- 27 Nov 2012 8:02 AM
- business
Rating agencies can no longer be taken seriously as they were the ones that suffered the largest loss of credibility during the years of crisis. Having failed to predict the financial crisis, they are a thing of the past now. The future will not depend on them or on speculators, but on countries and production. Instead of credit rating agencies, Hungary has been assessed by investors which have ...
Xpat Opinion: A Sinking Ship? Is It Time For Orbán’s Hungary To Turn Westward?
- 6 Sep 2012 9:00 AM
- current affairs
Just as I feared, we will have to return to Azerbaijan, not so much as a diplomatic issue but as a part of the financial plans that may have been behind the decision to release a convicted murderer to Baku. Because surely no one will believe the story the Hungarian Foreign Ministry came up with yesterday, that Hungary was conned by the Azeris. The current claim is that the Hungarians believed in ...
Hungary's PM Orban Refuses To Back Down On Extending New Tax To MNB
- 31 Jul 2012 9:00 AM
- current affairs
The government will insist during loan talks with the EU and IMF that the financial transaction tax be applied to the MNB, Prime Minister Viktor Orban told reporters last week. The government and the IMF disagree on this issue, he said, one day after the European Central Bank (ECB) also expressed its opposition, saying the measure may violate EU rules.
Hungary's Oldest Meat Processor Awaits Lifeline From State
- 30 Jul 2012 9:00 AM
- current affairs
Troubled meat processor Gyulai Húskombinát needs a Ft 1 billion capital injection to keep its operations stable at home and abroad, Magyar Hírlap was informed. Talks with the government and the town of Gyula on a possible financial lifeline are ongoing, but it is too early to speak about details, said CEO János Ruck.
Xpat Opinion: Statement By The IMF Mission To Hungary
- 26 Jul 2012 1:00 AM
- current affairs
An International Monetary Fund (IMF) mission visited Budapest during July 17-25 to start discussions on an IMF/EU-supported program following a request by the Hungarian authorities. The IMF mission worked in close cooperation with a mission from the European Commission and observers from the European Central Bank. At the conclusion of the visit, Thanos Arvanitis, IMF mission chief for Hungary, ...
Xpat Opinion: Viktor Orbán On Higher Education: An Outrage
- 23 Jul 2012 1:00 AM
- current affairs
About a week ago Viktor Orbán announced that he will be taking a two-week holiday because his “batteries were exhausted.” He will spend time with his family in Felcsút and perhaps at Lake Balaton. I’m sure that a lot of people received this announcement with a certain amount of relief because lately the Hungarian prime minister has been delivering speeches that made not the slightest sense. ...