474 result(s) for financial system
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 ...
Zsuzsa Ferge Offers Troubling Insight Into Hungarian Society
- 14 Mar 2014 8:00 AM
- current affairs
Renowned Hungarian sociologist Zsuzsa Ferge does not deny that certain quality of life indicators have improved since 2010. She does, however, believe that such indicators have not affected the strong growth of social inequality in Hungary – it’s as if the government has all but forgotten about the bottom 3 million Hungarians. Social mobility is only awarded to those who have demonstrated their ...
Bankers, Politicians Were Out To Topple Hungary’s PM Orbán
- 7 Mar 2014 8:00 AM
- business
An international coalition of bankers and politicians – including EU Commissioner Olli Rehn, American-based foundations, the Clinton family and George Soros – teamed up to topple Prime Minister Viktor Orbán in 2011, according to a new book by Helga Wiedermann, former chief of staff to central bank governor György Matolcsy.
220,000 People Are Becoming Victims Of Crime In Hungary Per Year
- 24 Feb 2014 8:00 AM
- current affairs
220,000 people are becoming victims of crime each year - said the Minister of Interior at the the conference organized on the International Day for Victimes of Crime, which was co-organized by the Ministry of Public Administration and Justice, the Institute of Public Administration and Justice and the National Council on Crime Prevention in Budapest this Friday.
Fewer Tax Payers, More Pensioners In 15 Years In Hungary
- 21 Feb 2014 8:00 AM
- current affairs
The number of people paying social contributions in Hungary is falling while the number of people qualifying for state pensions is rising, the chief executive of financial and insurance consultancy Consequit said. It is estimated that in the next 15 years the number of people paying into the social funds will drop by 514,000, András Farkas said, citing a report.
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.
Complex Cycling Programme In Preparation In Hungary
- 27 Jan 2014 8:00 AM
- getting around
The year 2014 is all about laying a basis for large-scale cycling developments to be implemented in the years to come, Minister of State for Infrastructure Pál Völner said at a professional event presenting the Cycling Development Programme entitled ‘Cycling is an Experience!’ (Bringázni Élmény!) held in Budapest on 23 January, 2014. Under the guidance of the Transport Development Coordination ...
Price Cut In Budapest Public Transport – BKK Passes Cost 10% Less
- 9 Jan 2014 10:45 AM
- getting around
The General Assembly of Budapest approved the motion for BKK’s public transport pass prices to be decreased by 10% from 1 January 2014. Costs of the most frequently purchased pass types required for daily commutes to work and school will be reduced.
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.
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 ...
Zsuzsa Ferge Offers Troubling Insight Into Hungarian Society
- 14 Mar 2014 8:00 AM
- current affairs
Renowned Hungarian sociologist Zsuzsa Ferge does not deny that certain quality of life indicators have improved since 2010. She does, however, believe that such indicators have not affected the strong growth of social inequality in Hungary – it’s as if the government has all but forgotten about the bottom 3 million Hungarians. Social mobility is only awarded to those who have demonstrated their ...
Bankers, Politicians Were Out To Topple Hungary’s PM Orbán
- 7 Mar 2014 8:00 AM
- business
An international coalition of bankers and politicians – including EU Commissioner Olli Rehn, American-based foundations, the Clinton family and George Soros – teamed up to topple Prime Minister Viktor Orbán in 2011, according to a new book by Helga Wiedermann, former chief of staff to central bank governor György Matolcsy.
220,000 People Are Becoming Victims Of Crime In Hungary Per Year
- 24 Feb 2014 8:00 AM
- current affairs
220,000 people are becoming victims of crime each year - said the Minister of Interior at the the conference organized on the International Day for Victimes of Crime, which was co-organized by the Ministry of Public Administration and Justice, the Institute of Public Administration and Justice and the National Council on Crime Prevention in Budapest this Friday.
Fewer Tax Payers, More Pensioners In 15 Years In Hungary
- 21 Feb 2014 8:00 AM
- current affairs
The number of people paying social contributions in Hungary is falling while the number of people qualifying for state pensions is rising, the chief executive of financial and insurance consultancy Consequit said. It is estimated that in the next 15 years the number of people paying into the social funds will drop by 514,000, András Farkas said, citing a report.
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.
Complex Cycling Programme In Preparation In Hungary
- 27 Jan 2014 8:00 AM
- getting around
The year 2014 is all about laying a basis for large-scale cycling developments to be implemented in the years to come, Minister of State for Infrastructure Pál Völner said at a professional event presenting the Cycling Development Programme entitled ‘Cycling is an Experience!’ (Bringázni Élmény!) held in Budapest on 23 January, 2014. Under the guidance of the Transport Development Coordination ...
Price Cut In Budapest Public Transport – BKK Passes Cost 10% Less
- 9 Jan 2014 10:45 AM
- getting around
The General Assembly of Budapest approved the motion for BKK’s public transport pass prices to be decreased by 10% from 1 January 2014. Costs of the most frequently purchased pass types required for daily commutes to work and school will be reduced.
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.