405 result(s) for governor
Hungary’s Central Bank Keeps Base Rate On Hold At 1.35%, As Expected
- 26 Aug 2015 9:00 AM
- business
Hungarian rate-setters on Tuesday kept the central bank’s key rate on hold at 1.35%, as expected. The decision was widely expected, after the rate-setters clearly signalled an end to an easing cycle at the previous monthly policy meeting. Central bank governor György Matolcsy said at the time that the earlier series of 15 basis point cuts carried out for five consecutive months would soon come to ...
Hungary’s President Áder Appoints New Central Bank Deputy Governor
- 25 Aug 2015 9:00 AM
- current affairs
President János Áder has appointed Márton Nagy deputy governor of the National Bank of Hungary (NBH) with effect of September 1, the latest issue of the official gazette Magyar Közlöny said. His predecessor, Ádám Balog, has become chairman-CEO of state-owned MKB Bank.
Hungarian Prisoners Make Supporting Structures For Border Fence
- 5 Aug 2015 9:00 AM
- current affairs
Inmates of Pálhalma National Prison are preparing the supporting structures of the border fence, a local ruling party politician said. The various work phases were presented at the galvanizing plant of DAK Steel Structure Ltd. on the perimeters of Dunaújváros Steelworks.
National Bank of Hungary Sets Foreign Currency Balance Indicator For Banks
- 31 Jul 2015 9:00 AM
- business
The National Bank of Hungary (NBH) will require banks to have a foreign currency balance indicator (DEM) of maximum 0.15 starting from January 1, 2016, according to a decree by the governor of the NBH published in the Thursday issue of the official gazette Magyar Közlöny. DEM for banks will be calculated based on the balance of foreign currency assets and liabilities divided by total assets.
Pákh Vows To Sue Hungary Over Status Of Painting
- 31 Jul 2015 9:00 AM
- current affairs
Art collector Imre Pákh will go to court if the government follows through on its promise to forbid him from taking the painting Golgotha by 19th-century artist Mihály Munkácsy out of the country, lawyer Gábor Holló told Népszabadság on Thursday. Pákh is willing to sell the work for $9 million, but the government is offering to pay only $6 million.
European Commission Gives Green Light To Austria-Hungary Cross-Border Cooperation
- 6 Jul 2015 9:00 AM
- current affairs
The European Commission (EC) has given the green light to a cross-border cooperation programme between Hungary and Austria worth 30 billion forints (EUR 95m). The commission Interreg funds will cover 78 million euros. The commission’s statement cites Corina Cretu, commissioner for regional policies, as saying that the Austrian-Hungarian border is invested in symbolic significance.
Unusual Venues To Become Dancefloors @ Vodafone 4G Budapest Essentials Festival
- 23 Jun 2015 2:00 AM
- specials
Budapest Amusement Park, Hungarian Railway Museum, Várkert Bazaar, Zwack Unicum Factory, Central Market Hall and Széchenyi Thermal Bath – in the end of June these special venues will be transformed into dancefloors during Budapest Essentials Urban Festival.
Hungary Launches Procedure To List Munkácsy Masterpiece
- 10 Jun 2015 9:00 AM
- community & culture
The cabinet office has initiated a procedure to prevent Mihály Munkácsy’s monumental painting “Golgotha” from being permanently removed from the country. “With the listing procedure, the government wants to keep this extraordinary work of our national painting in the Hungarian sphere of interest,” the national office in charge of oversight of cultural heritage said. “Naturally, the procedure will ...
Collector Pákh Ready To Take Back His Munkácsy Master Piece
- 8 Jun 2015 6:00 AM
- community & culture
The Hungarian-born American art collector Imre Pákh said that he will have Mihály Munkácsy’s monumental painting “Golgotha” removed from the Déri Museum in Debrecen because talks on the possible sale of the work to the state have fallen through. The painting is one of Munkácsy’s famous “Christ Trilogy” and is currently on loan to the Déri Museum, where all three paintings are on display.
Hungary’s Central Bank Keeps Base Rate On Hold At 1.35%, As Expected
- 26 Aug 2015 9:00 AM
- business
Hungarian rate-setters on Tuesday kept the central bank’s key rate on hold at 1.35%, as expected. The decision was widely expected, after the rate-setters clearly signalled an end to an easing cycle at the previous monthly policy meeting. Central bank governor György Matolcsy said at the time that the earlier series of 15 basis point cuts carried out for five consecutive months would soon come to ...
Hungary’s President Áder Appoints New Central Bank Deputy Governor
- 25 Aug 2015 9:00 AM
- current affairs
President János Áder has appointed Márton Nagy deputy governor of the National Bank of Hungary (NBH) with effect of September 1, the latest issue of the official gazette Magyar Közlöny said. His predecessor, Ádám Balog, has become chairman-CEO of state-owned MKB Bank.
Hungarian Prisoners Make Supporting Structures For Border Fence
- 5 Aug 2015 9:00 AM
- current affairs
Inmates of Pálhalma National Prison are preparing the supporting structures of the border fence, a local ruling party politician said. The various work phases were presented at the galvanizing plant of DAK Steel Structure Ltd. on the perimeters of Dunaújváros Steelworks.
National Bank of Hungary Sets Foreign Currency Balance Indicator For Banks
- 31 Jul 2015 9:00 AM
- business
The National Bank of Hungary (NBH) will require banks to have a foreign currency balance indicator (DEM) of maximum 0.15 starting from January 1, 2016, according to a decree by the governor of the NBH published in the Thursday issue of the official gazette Magyar Közlöny. DEM for banks will be calculated based on the balance of foreign currency assets and liabilities divided by total assets.
Pákh Vows To Sue Hungary Over Status Of Painting
- 31 Jul 2015 9:00 AM
- current affairs
Art collector Imre Pákh will go to court if the government follows through on its promise to forbid him from taking the painting Golgotha by 19th-century artist Mihály Munkácsy out of the country, lawyer Gábor Holló told Népszabadság on Thursday. Pákh is willing to sell the work for $9 million, but the government is offering to pay only $6 million.
European Commission Gives Green Light To Austria-Hungary Cross-Border Cooperation
- 6 Jul 2015 9:00 AM
- current affairs
The European Commission (EC) has given the green light to a cross-border cooperation programme between Hungary and Austria worth 30 billion forints (EUR 95m). The commission Interreg funds will cover 78 million euros. The commission’s statement cites Corina Cretu, commissioner for regional policies, as saying that the Austrian-Hungarian border is invested in symbolic significance.
Unusual Venues To Become Dancefloors @ Vodafone 4G Budapest Essentials Festival
- 23 Jun 2015 2:00 AM
- specials
Budapest Amusement Park, Hungarian Railway Museum, Várkert Bazaar, Zwack Unicum Factory, Central Market Hall and Széchenyi Thermal Bath – in the end of June these special venues will be transformed into dancefloors during Budapest Essentials Urban Festival.
Hungary Launches Procedure To List Munkácsy Masterpiece
- 10 Jun 2015 9:00 AM
- community & culture
The cabinet office has initiated a procedure to prevent Mihály Munkácsy’s monumental painting “Golgotha” from being permanently removed from the country. “With the listing procedure, the government wants to keep this extraordinary work of our national painting in the Hungarian sphere of interest,” the national office in charge of oversight of cultural heritage said. “Naturally, the procedure will ...
Collector Pákh Ready To Take Back His Munkácsy Master Piece
- 8 Jun 2015 6:00 AM
- community & culture
The Hungarian-born American art collector Imre Pákh said that he will have Mihály Munkácsy’s monumental painting “Golgotha” removed from the Déri Museum in Debrecen because talks on the possible sale of the work to the state have fallen through. The painting is one of Munkácsy’s famous “Christ Trilogy” and is currently on loan to the Déri Museum, where all three paintings are on display.