149 result(s) for hungarian government in Property
Four - Fifth Of Hungarians Support New Housing Subsidies
- 12 Jan 2016 8:00 AM
- property
Nearly four fifth of the population supports the government’s newlyintroduced housing subsidies, according to a survey by Századvég, the pollster said. Fully 94% of respondents had heard about the government’s programme and 79% said they supported it. Three-quarters of respondents agreed with the plans regardless of their political affiliations and there was broad support measured across all ...
Xpat Opinion: Housing Subsidy Scheme Kicks Off
- 6 Jan 2016 8:00 AM
- property
Two conservative economists welcome the government’s plan to reverse unfavourable demographic trends through a lavish home subsidy scheme. A left-wing analyst thinks that the government’s proposal will be available only for middle class families and will thus entrench inequality.
Assoc Chief: Hungarian Construction Sector To Pick Up Steam In Coming Years
- 4 Jan 2016 8:00 AM
- property
The construction sector is set to grow in the coming years and the number of new homes built per year could double by the end of the current government cycle, László Koji, head of the association of construction entrepreneurs ÉVOSZ, told daily Magyar Idők. Over the past few years, the government has implemented measures that have generated investments, even by foreign businesses, both in the ...
Hungarian Cabinet Backs Down From Plans To Allow Gigantic Mosque To Be Built In Budapest
- 21 Dec 2015 8:00 AM
- property
The Hungarian government has backed down from earlier plans to allow a gigantic Turkish-funded mosque to be built in the capital Budapest’s District X. Despite the plan winning over the support of Prime Minister Viktor Orbán in May, Bence Rétvári, State Secretary at the Ministry of Human Resources, has now said in a statement that the cabinet will not give the scheme the go-ahead because “the ...
Hungarian Lawmakers Pass Law On VAT Cut For New Home Building
- 16 Dec 2015 8:00 AM
- property
Lawmakers approved a bill to reduce value added tax (VAT) on new-build homes from 27% to 5% between 2016 and 2019. Submitted by Economy Minister Mihály Varga and cabinet chief Antal Rogán, the law states that a 5% VAT rate applies to homes built between 2016 and 2019, mainly applying to blocks of flats built in housing parks with an area of less than 150 square meters each or to standalone homes ...
Opposition DK, PM Parties Savage Budapest Várkert Bazár Restoration
- 9 Dec 2015 8:00 AM
- property
Shoddy construction and nepotism are the main features of the statebacked project to restore the royal garden pavilions at the foot of Castle Hill in Budapest, according to opposition parties that slammed the project. The neo-Renaissance Várkert Bazár, designed by iconic Hungarian architect Miklós Ybl in 1883, was closed off in 1984 and remained in an appalling state of repair until a project to ...
Duna House IPO Ends Without Result
- 30 Nov 2015 8:00 AM
- property
Hungarian real estate broker Duna House on Friday announced that its initial public offering was without result, as it failed to sell the minimum number of 180,000 shares by the end of the IPO on Friday, following a suspension, Hungarian news agency MTI reported.
Budapest Court Acquits Officials Of Charges Over 2008 Real Estate Resale
- 26 Nov 2015 8:00 AM
- property
A Budapest court has acquitted a former Moscow ambassador and six other defendants of charges of misappropriation, accessory to a crime and forgery in a real estate case. According to the indictment, Árpád Székely, ambassador at the time, had signed contracts of the sale of a property in 2008 without his superiors knowing. The other accused were trying to cover up his acts.
Land Fund Lawsuit Vs Kishantos Organic Farm, Greenpeace Suspended
- 10 Nov 2015 2:00 AM
- property
A Pest County court suspended a lawsuit filed by the National Land Management Fund (NFA) against the organic farm of Kishantos and Greenpeace Hungary. Last year, the NFA filed a lawsuit against the Kishantos Rural Development Centre saying that it had caused damages to the state for more than six months by using land that it had been leasing in the past but then lost the eligibility to use.
Four - Fifth Of Hungarians Support New Housing Subsidies
- 12 Jan 2016 8:00 AM
- property
Nearly four fifth of the population supports the government’s newlyintroduced housing subsidies, according to a survey by Századvég, the pollster said. Fully 94% of respondents had heard about the government’s programme and 79% said they supported it. Three-quarters of respondents agreed with the plans regardless of their political affiliations and there was broad support measured across all ...
Xpat Opinion: Housing Subsidy Scheme Kicks Off
- 6 Jan 2016 8:00 AM
- property
Two conservative economists welcome the government’s plan to reverse unfavourable demographic trends through a lavish home subsidy scheme. A left-wing analyst thinks that the government’s proposal will be available only for middle class families and will thus entrench inequality.
Assoc Chief: Hungarian Construction Sector To Pick Up Steam In Coming Years
- 4 Jan 2016 8:00 AM
- property
The construction sector is set to grow in the coming years and the number of new homes built per year could double by the end of the current government cycle, László Koji, head of the association of construction entrepreneurs ÉVOSZ, told daily Magyar Idők. Over the past few years, the government has implemented measures that have generated investments, even by foreign businesses, both in the ...
Hungarian Cabinet Backs Down From Plans To Allow Gigantic Mosque To Be Built In Budapest
- 21 Dec 2015 8:00 AM
- property
The Hungarian government has backed down from earlier plans to allow a gigantic Turkish-funded mosque to be built in the capital Budapest’s District X. Despite the plan winning over the support of Prime Minister Viktor Orbán in May, Bence Rétvári, State Secretary at the Ministry of Human Resources, has now said in a statement that the cabinet will not give the scheme the go-ahead because “the ...
Hungarian Lawmakers Pass Law On VAT Cut For New Home Building
- 16 Dec 2015 8:00 AM
- property
Lawmakers approved a bill to reduce value added tax (VAT) on new-build homes from 27% to 5% between 2016 and 2019. Submitted by Economy Minister Mihály Varga and cabinet chief Antal Rogán, the law states that a 5% VAT rate applies to homes built between 2016 and 2019, mainly applying to blocks of flats built in housing parks with an area of less than 150 square meters each or to standalone homes ...
Opposition DK, PM Parties Savage Budapest Várkert Bazár Restoration
- 9 Dec 2015 8:00 AM
- property
Shoddy construction and nepotism are the main features of the statebacked project to restore the royal garden pavilions at the foot of Castle Hill in Budapest, according to opposition parties that slammed the project. The neo-Renaissance Várkert Bazár, designed by iconic Hungarian architect Miklós Ybl in 1883, was closed off in 1984 and remained in an appalling state of repair until a project to ...
Duna House IPO Ends Without Result
- 30 Nov 2015 8:00 AM
- property
Hungarian real estate broker Duna House on Friday announced that its initial public offering was without result, as it failed to sell the minimum number of 180,000 shares by the end of the IPO on Friday, following a suspension, Hungarian news agency MTI reported.
Budapest Court Acquits Officials Of Charges Over 2008 Real Estate Resale
- 26 Nov 2015 8:00 AM
- property
A Budapest court has acquitted a former Moscow ambassador and six other defendants of charges of misappropriation, accessory to a crime and forgery in a real estate case. According to the indictment, Árpád Székely, ambassador at the time, had signed contracts of the sale of a property in 2008 without his superiors knowing. The other accused were trying to cover up his acts.
Land Fund Lawsuit Vs Kishantos Organic Farm, Greenpeace Suspended
- 10 Nov 2015 2:00 AM
- property
A Pest County court suspended a lawsuit filed by the National Land Management Fund (NFA) against the organic farm of Kishantos and Greenpeace Hungary. Last year, the NFA filed a lawsuit against the Kishantos Rural Development Centre saying that it had caused damages to the state for more than six months by using land that it had been leasing in the past but then lost the eligibility to use.