1,045 result(s) for hungary central bank
Video: Hungary's Brokerage Scandal, Thousands May Lose Life-Savings
- 8 Apr 2015 9:00 AM
- business
Hungary’s National Bank is still trying to estimate the fallout from its seizure of brokerage firm Quaestor. The company was shut down this week, the third security and investment firm to have its activities suspended within weeks. Investigators believe it may have invested scores of billions of euros more in bonds than it was allowed to under its bond insurance programme.
CBank Programme Ensures 4.5 Bn Euros To Hungary SMEs
- 8 Apr 2015 9:00 AM
- business
Under the National Bank of Hungary’s credit for growth programme a total 1,360 billion forints (EUR 4.5bn) have been lent to some 21,000 Hungarian small and medium-size enterprises since the scheme was launched in June 2013, the central bank said on its website.
Hundreds Of Thousands Of Hungarians Close Bank Accounts
- 2 Apr 2015 5:00 AM
- business
Over the past two years Hungarian private individuals closed over 430,000 bank accounts, business daily Világgazdaság said. In 2014 alone, the number of private bank accounts dropped by 282,000. The trend could be attributed to the duty imposed on financial transactions which triggered a rise in bank charges, according to the central bank.
Opposition Demands Names In Quaestor Case
- 2 Apr 2015 5:00 AM
- current affairs
The leftist opposition Democratic Coalition (DK) has called on the chief public prosecutor and the central bank governor to name politicians who invested funds in the bankrupt brokerage firm Quaestor. DK spokesman Zsolt Gréczy - pictured - insisted that politicians of ruling Fidesz and government members may have eased Quaestor into investments and received a commission in return.
Billions Loaned To Quaestor Under Gyurcsány Govt, Says Fidesz
- 31 Mar 2015 9:00 AM
- business
Hungary’s Fidesz ruling party has proposed setting up a parliamentary sub-committee to investigate a government loan to the Quaestor brokerage made under the Socialist administration of Ferenc Gyurcsány.
If Viktor Orbán Can Survive Broker Scandal, He Can Survive Anything
- 30 Mar 2015 9:00 AM
- current affairs
Hungarian Prime Minister Viktor Orbán acknowledged on Wednesday that he himself ordered ministries to withdraw their money from brokerage firms. If the decision was based on inside information then the Prime Minister acknowledged committing a serious economic crime.
Pénzügykutató Expects Hungary’s GDP Growth To Fall To 2.4% This Year
- 26 Mar 2015 8:00 AM
- business
Pénzügykutató expects Hungary’s GDP growth rate to fall to 2.4% this year as investments slow, the economic research company said in a forecast. The projection is well under the government’s latest forecast for growth of 2.8% - 2.9%. Hungary’s GDP rose by 3.6% last year.
C Bank Suing Hungarian Liberal Party Politician Over False Statements
- 19 Mar 2015 8:00 AM
- current affairs
The National Bank of Hungary said it is suing Zoltán Bodnár of the opposition Hungarian Liberal Party for making false statements about the activities of the bank. The NBH dismissed the statements “made purely for political gain” and asked for corrections from the media that carried them.
Regional Survey: Why Do East European Expats Stay In The West?
- 18 Mar 2015 8:00 AM
- community & culture
Many of the Hungarian expatriates in the West originally meant to work away from home just for a few years but eventually they never return. Most of them remit money to their relatives but, paradoxically, the remittances might have a negative effect on the Hungarian economy.
Video: Hungary's Brokerage Scandal, Thousands May Lose Life-Savings
- 8 Apr 2015 9:00 AM
- business
Hungary’s National Bank is still trying to estimate the fallout from its seizure of brokerage firm Quaestor. The company was shut down this week, the third security and investment firm to have its activities suspended within weeks. Investigators believe it may have invested scores of billions of euros more in bonds than it was allowed to under its bond insurance programme.
CBank Programme Ensures 4.5 Bn Euros To Hungary SMEs
- 8 Apr 2015 9:00 AM
- business
Under the National Bank of Hungary’s credit for growth programme a total 1,360 billion forints (EUR 4.5bn) have been lent to some 21,000 Hungarian small and medium-size enterprises since the scheme was launched in June 2013, the central bank said on its website.
Hundreds Of Thousands Of Hungarians Close Bank Accounts
- 2 Apr 2015 5:00 AM
- business
Over the past two years Hungarian private individuals closed over 430,000 bank accounts, business daily Világgazdaság said. In 2014 alone, the number of private bank accounts dropped by 282,000. The trend could be attributed to the duty imposed on financial transactions which triggered a rise in bank charges, according to the central bank.
Opposition Demands Names In Quaestor Case
- 2 Apr 2015 5:00 AM
- current affairs
The leftist opposition Democratic Coalition (DK) has called on the chief public prosecutor and the central bank governor to name politicians who invested funds in the bankrupt brokerage firm Quaestor. DK spokesman Zsolt Gréczy - pictured - insisted that politicians of ruling Fidesz and government members may have eased Quaestor into investments and received a commission in return.
Billions Loaned To Quaestor Under Gyurcsány Govt, Says Fidesz
- 31 Mar 2015 9:00 AM
- business
Hungary’s Fidesz ruling party has proposed setting up a parliamentary sub-committee to investigate a government loan to the Quaestor brokerage made under the Socialist administration of Ferenc Gyurcsány.
If Viktor Orbán Can Survive Broker Scandal, He Can Survive Anything
- 30 Mar 2015 9:00 AM
- current affairs
Hungarian Prime Minister Viktor Orbán acknowledged on Wednesday that he himself ordered ministries to withdraw their money from brokerage firms. If the decision was based on inside information then the Prime Minister acknowledged committing a serious economic crime.
Pénzügykutató Expects Hungary’s GDP Growth To Fall To 2.4% This Year
- 26 Mar 2015 8:00 AM
- business
Pénzügykutató expects Hungary’s GDP growth rate to fall to 2.4% this year as investments slow, the economic research company said in a forecast. The projection is well under the government’s latest forecast for growth of 2.8% - 2.9%. Hungary’s GDP rose by 3.6% last year.
C Bank Suing Hungarian Liberal Party Politician Over False Statements
- 19 Mar 2015 8:00 AM
- current affairs
The National Bank of Hungary said it is suing Zoltán Bodnár of the opposition Hungarian Liberal Party for making false statements about the activities of the bank. The NBH dismissed the statements “made purely for political gain” and asked for corrections from the media that carried them.
Regional Survey: Why Do East European Expats Stay In The West?
- 18 Mar 2015 8:00 AM
- community & culture
Many of the Hungarian expatriates in the West originally meant to work away from home just for a few years but eventually they never return. Most of them remit money to their relatives but, paradoxically, the remittances might have a negative effect on the Hungarian economy.