59 result(s) for hungarian law in Property
EU To Review Hungary Land Law
- 20 Feb 2014 8:00 AM
- property
The European Commission is examining Hungary’s land law, and if it finds it incompatible with EU law it will take steps to urge its amendment. Austrian Farm Minister Andrä Rupprechter complained to his Hungarian counterpart, Sándor Fazekas, about the law which, when it is enforced in May, will strip Austrian farmers of their rights to benefit from Hungarian farmland.
Luxembourg Court Says Hungarian Courts Can Rule On FX Loan Issue
- 13 Feb 2014 8:00 AM
- property
The European Court of Justice said in an opinion on Wednesday that it was up to the Hungarian court to determine “whether the consumers were in a position to understand that they would be subject to additional expense by reason of the difference between the two rates of exchange” in connection with a lawsuit over mortgages denominated in foreign currency.
Hungary's Retail Surtaxes Do Not Contravene EU Law
- 7 Feb 2014 8:00 AM
- property
Government welcomes the decision of the European Court of Justice confirming that the Hungarian retail tax did not constitute discrimination among different forms of retail organisations.
Hungary Welcomes Austria Taking Land Law Issue Off EU Agenda
- 6 Feb 2014 3:00 AM
- property
Hungary’s farm minister Sándor Fazekas on Wednesday welcomed Austria’s decision to withdraw from an EU ministerial meeting’s agenda its concerns regarding Hungary’s new land laws. Fazekas said that he thought this was a step in the right direction and that the EU ministers’ council did not have the authority to discuss the matter. He said he still did not think it timely to meet with his Austrian ...
Controversial Billionaire Co-Owned Hungarian Property Firm
- 23 Dec 2013 8:00 AM
- property
As founder of Glencore the fittingly named Mark Rich pioneered global commodity trading and held business interests all over the globe, with Hungary no exception. Indicted in the US for tax evasion and cutting illegal oil deals with Iran, he was a fugitive from US justice for many years before being controversially pardoned by Bill Clinton on the last day of his presidency. His death in June saw ...
EU Rules Allow Top Court In Hungary To Set FX Rate In Loan Cases
- 6 Dec 2013 2:00 AM
- property
European Union regulations on unfair contractual obligations enable the top court Kúria to assess the fairness of contracts and in certain cases set the exchange rate, daily Magyar Nemzet said, citing a position by the European Commission.
Hungary's Kúria To Define Principles On Forex Mortgages
- 26 Nov 2013 8:00 AM
- property
The Kúria will formulate general principles regarding foreign-currency mortgage loans, to be used as guidelines by lower courts in lawsuits brought by borrowers against banks, it was announced yesterday.
Government Continues To Stand For The Protection Of Foreign Currency Debtors
- 1 Jul 2013 9:00 AM
- property
The European Commission notified Hungary already in December 2011 within an EU Pilot procedure which warns that the Government Decree stipulating that the monthly income of applicants of foreign currency loans shall exceed a sum equivalent of 15 times the amount of official minimum wage, and the income shall be received in the same currency in which the loan is denominated violates EU law.
Owner Ready To Sell Ballet Institute In Budapest
- 31 May 2013 9:00 AM
- property
Banco Commercial Portugues is looking to sell the former Ballet Institute building on Andrássy út, according to reports. The bank’s Hungarian representatives, the law firm of Dessewfy és Dávid, held talks on Monday with Sixth District officials, who are helping in the search for a financially sound buyer who would renovate the building across from the Opera House as soon as possible.
EU To Review Hungary Land Law
- 20 Feb 2014 8:00 AM
- property
The European Commission is examining Hungary’s land law, and if it finds it incompatible with EU law it will take steps to urge its amendment. Austrian Farm Minister Andrä Rupprechter complained to his Hungarian counterpart, Sándor Fazekas, about the law which, when it is enforced in May, will strip Austrian farmers of their rights to benefit from Hungarian farmland.
Luxembourg Court Says Hungarian Courts Can Rule On FX Loan Issue
- 13 Feb 2014 8:00 AM
- property
The European Court of Justice said in an opinion on Wednesday that it was up to the Hungarian court to determine “whether the consumers were in a position to understand that they would be subject to additional expense by reason of the difference between the two rates of exchange” in connection with a lawsuit over mortgages denominated in foreign currency.
Hungary's Retail Surtaxes Do Not Contravene EU Law
- 7 Feb 2014 8:00 AM
- property
Government welcomes the decision of the European Court of Justice confirming that the Hungarian retail tax did not constitute discrimination among different forms of retail organisations.
Hungary Welcomes Austria Taking Land Law Issue Off EU Agenda
- 6 Feb 2014 3:00 AM
- property
Hungary’s farm minister Sándor Fazekas on Wednesday welcomed Austria’s decision to withdraw from an EU ministerial meeting’s agenda its concerns regarding Hungary’s new land laws. Fazekas said that he thought this was a step in the right direction and that the EU ministers’ council did not have the authority to discuss the matter. He said he still did not think it timely to meet with his Austrian ...
Controversial Billionaire Co-Owned Hungarian Property Firm
- 23 Dec 2013 8:00 AM
- property
As founder of Glencore the fittingly named Mark Rich pioneered global commodity trading and held business interests all over the globe, with Hungary no exception. Indicted in the US for tax evasion and cutting illegal oil deals with Iran, he was a fugitive from US justice for many years before being controversially pardoned by Bill Clinton on the last day of his presidency. His death in June saw ...
EU Rules Allow Top Court In Hungary To Set FX Rate In Loan Cases
- 6 Dec 2013 2:00 AM
- property
European Union regulations on unfair contractual obligations enable the top court Kúria to assess the fairness of contracts and in certain cases set the exchange rate, daily Magyar Nemzet said, citing a position by the European Commission.
Hungary's Kúria To Define Principles On Forex Mortgages
- 26 Nov 2013 8:00 AM
- property
The Kúria will formulate general principles regarding foreign-currency mortgage loans, to be used as guidelines by lower courts in lawsuits brought by borrowers against banks, it was announced yesterday.
Government Continues To Stand For The Protection Of Foreign Currency Debtors
- 1 Jul 2013 9:00 AM
- property
The European Commission notified Hungary already in December 2011 within an EU Pilot procedure which warns that the Government Decree stipulating that the monthly income of applicants of foreign currency loans shall exceed a sum equivalent of 15 times the amount of official minimum wage, and the income shall be received in the same currency in which the loan is denominated violates EU law.
Owner Ready To Sell Ballet Institute In Budapest
- 31 May 2013 9:00 AM
- property
Banco Commercial Portugues is looking to sell the former Ballet Institute building on Andrássy út, according to reports. The bank’s Hungarian representatives, the law firm of Dessewfy és Dávid, held talks on Monday with Sixth District officials, who are helping in the search for a financially sound buyer who would renovate the building across from the Opera House as soon as possible.