1,631 result(s) for funds
MNB Foundations Spend HUF 15 Billion On Yet Another Luxury Office Building
- 12 Aug 2016 9:00 AM
- property
The old Post Service building at Budapest’s Moscow Square will be converted into a luxury office building at a cost of some HUF 7 billion (USD 25.5 million), reports Hungarian daily Magyar Nemzet. The buyer is reported to be none other than the National Bank of Hungary’s (MNB) scandal-ridden Pallas Athéné foundations.
HR Ministry Rejects Corruption Allegations
- 9 Aug 2016 9:00 AM
- current affairs
The human resources ministry rejected allegations by the opposition Socialist Party that it was involved in a scheme to take bribes from social cooperatives in exchange for favours in their bids for EU money. Political weekly 168 Óra said last week that in 2015 Fidesz MP Roland Mengyi had solicited bribes from social cooperatives in exchange for preferential treatment in the bidding process for ...
Zsolnay Repays Debt, Requests End Of Liquidation
- 9 Aug 2016 9:00 AM
- business
Bachar Najari, the majority owner Hungarian porcelain maker Zsolnay, on Wednesday repaid all of its debts owed to West Hungaria Bau, and asked the Zalaegerszeg court yesterday to immediately terminate a liquidation procedure against the company and to end the custodial oversight of Zsolnay, the company said in a statement.
Hungarian Health Funds See Rising Membership Payments In H1
- 2 Aug 2016 9:00 AM
- health & wellness
Health funds runs by OTP, MKB and Generali all saw a rise in membership payments in the first half of the year, according to data provided by the companies. OTP Health Fund’s individual membership payments rose by an annual 14% to 1.4 billion forints in H1 2016. Employers made a further 2.7 billion forints of payments, bringing combined payments to 4.1 billion forints in the first six months of ...
Govt To Spend HUF 235Bn On Budapest Hospital Developments
- 1 Aug 2016 9:00 AM
- health & wellness
The government has allocated around 235 billion forints (EUR 754.6m) towards hospital developments and upgrades planned in Budapest, the government commissioner for hospital developments told daily Magyar Idők on Saturday. The funds have been earmarked for the first phase of developments, which are scheduled to start at the beginning of next year at the latest, Péter Cserháti said.
Xpat Opinion: A Lesson In The Risks Of Referendums
- 29 Jul 2016 9:00 AM
- current affairs
By Tom Popper, Managing Editor, Budapest Business Journal:
As Hungary prepares its own referendum designed to show displeasure with Brussels, the government might do well to learn from what just happened in the U.K.
As Hungary prepares its own referendum designed to show displeasure with Brussels, the government might do well to learn from what just happened in the U.K.
Opposition Calls On Govt To Stop Further Spending On EU Quota Referendum
- 22 Jul 2016 9:00 AM
- current affairs
The opposition Együtt party has called on the government to stop spending further funds worth several billion forints on the EU migrant quota referendum’s campaign. The government-initiated national referendum is set to be held on October 2. Együtt responded to cabinet chief Antal Rogán who has indicated that further funds are planned to be allocated in August for the purpose.
Xpat Opinion: Hungary Continues To Spend Billions On Empty Soccer Stadiums
- 21 Jul 2016 9:00 AM
- sport
The construction of modern soccer stadiums across Hungary has not appreciably boosted attendance at first division games, according to data published by Hungarian sports website Nso.hu. First division matches during the 2015-2016 season were attended by only some 2700 spectators on average. The biggest attendance was at the game between last season’s champion, Ferencváros, and its rival, Haladás, ...
Hungarian Minister: European Commission’s Proposal: Nothing Short Of Dangerous
- 20 Jul 2016 9:00 AM
- current affairs
The proposal made by the European Commissioner for migration policy with respect to a completely new settlement programme is „nothing short of dangerous” as regards Hungary because it affects the country’s sovereignty, and the proposals constitute an invitation to millions more, János Lázár, the Minister heading the Prime Minister’s Office said at the press conference Governmentinfo 58 which he ...
MNB Foundations Spend HUF 15 Billion On Yet Another Luxury Office Building
- 12 Aug 2016 9:00 AM
- property
The old Post Service building at Budapest’s Moscow Square will be converted into a luxury office building at a cost of some HUF 7 billion (USD 25.5 million), reports Hungarian daily Magyar Nemzet. The buyer is reported to be none other than the National Bank of Hungary’s (MNB) scandal-ridden Pallas Athéné foundations.
HR Ministry Rejects Corruption Allegations
- 9 Aug 2016 9:00 AM
- current affairs
The human resources ministry rejected allegations by the opposition Socialist Party that it was involved in a scheme to take bribes from social cooperatives in exchange for favours in their bids for EU money. Political weekly 168 Óra said last week that in 2015 Fidesz MP Roland Mengyi had solicited bribes from social cooperatives in exchange for preferential treatment in the bidding process for ...
Zsolnay Repays Debt, Requests End Of Liquidation
- 9 Aug 2016 9:00 AM
- business
Bachar Najari, the majority owner Hungarian porcelain maker Zsolnay, on Wednesday repaid all of its debts owed to West Hungaria Bau, and asked the Zalaegerszeg court yesterday to immediately terminate a liquidation procedure against the company and to end the custodial oversight of Zsolnay, the company said in a statement.
Hungarian Health Funds See Rising Membership Payments In H1
- 2 Aug 2016 9:00 AM
- health & wellness
Health funds runs by OTP, MKB and Generali all saw a rise in membership payments in the first half of the year, according to data provided by the companies. OTP Health Fund’s individual membership payments rose by an annual 14% to 1.4 billion forints in H1 2016. Employers made a further 2.7 billion forints of payments, bringing combined payments to 4.1 billion forints in the first six months of ...
Govt To Spend HUF 235Bn On Budapest Hospital Developments
- 1 Aug 2016 9:00 AM
- health & wellness
The government has allocated around 235 billion forints (EUR 754.6m) towards hospital developments and upgrades planned in Budapest, the government commissioner for hospital developments told daily Magyar Idők on Saturday. The funds have been earmarked for the first phase of developments, which are scheduled to start at the beginning of next year at the latest, Péter Cserháti said.
Xpat Opinion: A Lesson In The Risks Of Referendums
- 29 Jul 2016 9:00 AM
- current affairs
By Tom Popper, Managing Editor, Budapest Business Journal:
As Hungary prepares its own referendum designed to show displeasure with Brussels, the government might do well to learn from what just happened in the U.K.
As Hungary prepares its own referendum designed to show displeasure with Brussels, the government might do well to learn from what just happened in the U.K.
Opposition Calls On Govt To Stop Further Spending On EU Quota Referendum
- 22 Jul 2016 9:00 AM
- current affairs
The opposition Együtt party has called on the government to stop spending further funds worth several billion forints on the EU migrant quota referendum’s campaign. The government-initiated national referendum is set to be held on October 2. Együtt responded to cabinet chief Antal Rogán who has indicated that further funds are planned to be allocated in August for the purpose.
Xpat Opinion: Hungary Continues To Spend Billions On Empty Soccer Stadiums
- 21 Jul 2016 9:00 AM
- sport
The construction of modern soccer stadiums across Hungary has not appreciably boosted attendance at first division games, according to data published by Hungarian sports website Nso.hu. First division matches during the 2015-2016 season were attended by only some 2700 spectators on average. The biggest attendance was at the game between last season’s champion, Ferencváros, and its rival, Haladás, ...
Hungarian Minister: European Commission’s Proposal: Nothing Short Of Dangerous
- 20 Jul 2016 9:00 AM
- current affairs
The proposal made by the European Commissioner for migration policy with respect to a completely new settlement programme is „nothing short of dangerous” as regards Hungary because it affects the country’s sovereignty, and the proposals constitute an invitation to millions more, János Lázár, the Minister heading the Prime Minister’s Office said at the press conference Governmentinfo 58 which he ...