1,138 result(s) for hungary central bank
Hungary’s PM: Orbán: ‘I Am Not A Wealthy Man’
- 12 Apr 2016 9:00 AM
- current affairs
Prime Minister Viktor Orbán said he was not a wealthy man and he did not have a “strawman”, in response to a question by Jobbik in parliament. “I never had a strawman, nor do I have one now or will I ever have one in the future,” Orbán said, responding to a question on whether Lőrinc Mészáros, the mayor of his native Felcsút, was acting as his “front”. Orbán added that he had been a Member of ...
With Rules Tweaked, Demand For Home Purchase Subsidies Grows
- 11 Apr 2016 9:00 AM
- property
The number of applications for newly introduced home purchase subsidies for families with children has grown since February, when rules on the grants and preferential credit were fine-tuned, lenders told MTI. MKB Bank said more than 100 clients have applied for the subsidies, mostly for the purchase of resale homes. But it added that, in many cases, clients had to forgo purchasing the homes they ...
TTIP Could Create 20,000-30,000 Jobs In Hungary
- 7 Apr 2016 9:00 AM
- business
The Transatlantic Trade and Investment Partnership (TTIP), a free trade agreement being negotiated between the United States and the European Union, could create 20,000-30,000 jobs in Hungary, according to participants at a conference organised by the British Embassy in Budapest.
Opposition Parties Press For Measures Against Offshore Business
- 5 Apr 2016 9:00 AM
- current affairs
Hungarian opposition parties have urged the government to take measures in light of the international offshore scandal dubbed “Panama Papers”. The radical nationalist Jobbik party insisted that lawmakers with ties to offshore companies should be stripped of their mandates. MPs should sign affidavits that they have no ties with offshore companies, Jobbik lawmaker György Szilágyi said.
Central Bank Pledges To Respect Top Court’s Ruling On Foundations
- 4 Apr 2016 9:00 AM
- business
The National Bank of Hungary (NBH) respects the ruling of the Constitutional Court and its foundations will disclose all data it is requested to make public, Deputy Governor Márton Nagy said. The top court ruled on Thursday that amendments to the law governing the central bank that give the NBH the legal power to decline public information requests concerning companies that support its ...
Top Court Says NBH Data Disclosure Amendments Unconstitutional
- 1 Apr 2016 9:00 AM
- business
Hungary’s Constitutional Court has ruled that amendments to the law governing the central bank that give the National Bank of Hungary the legal power to decline public information requests concerning companies that support its activities, or to classify such information with retroactive effect, are unconstitutional. In its ruling the top court noted that the central bank does a public service and ...
President Returns Home Building Societies Law To Parlt For Review
- 25 Mar 2016 8:00 AM
- property
President János Áder sent back a recent law aimed at establishing subsidised home building societies to parliament for a review, the president’s office reported. Lawmakers passed the governmentinitiated legislation a week ago. Under the law, members of home building societies would make regular contributions to the organisation, and also receive a 30% match from the central budget up to 25,000 ...
NBH Deputy Governor: Bank To Continue Easing Cycle
- 24 Mar 2016 8:00 AM
- business
Hungary’s central bank (NBH) will cut the base rate until it reaches a rate that is consistent with its inflation target, NBH deputy governor Márton Nagy told journalists. The bank wants to keep rate the key rate low for a sustained period, he said. The NBH’s inflation target is 3% in a +/-1 percentage-point tolerance band.
Chinese To Finance Bulk Of Budapest-Belgrade Rail Link
- 22 Mar 2016 8:00 AM
- getting around
Commenting on the planned modernisation of the Budapest- Belgrade rail link, Foreign Minister Péter Szijjártó said the project is in the interest of central Europe and the western Balkans, and also fits well in the Chinese Silk Road scheme.
Hungary’s PM: Orbán: ‘I Am Not A Wealthy Man’
- 12 Apr 2016 9:00 AM
- current affairs
Prime Minister Viktor Orbán said he was not a wealthy man and he did not have a “strawman”, in response to a question by Jobbik in parliament. “I never had a strawman, nor do I have one now or will I ever have one in the future,” Orbán said, responding to a question on whether Lőrinc Mészáros, the mayor of his native Felcsút, was acting as his “front”. Orbán added that he had been a Member of ...
With Rules Tweaked, Demand For Home Purchase Subsidies Grows
- 11 Apr 2016 9:00 AM
- property
The number of applications for newly introduced home purchase subsidies for families with children has grown since February, when rules on the grants and preferential credit were fine-tuned, lenders told MTI. MKB Bank said more than 100 clients have applied for the subsidies, mostly for the purchase of resale homes. But it added that, in many cases, clients had to forgo purchasing the homes they ...
TTIP Could Create 20,000-30,000 Jobs In Hungary
- 7 Apr 2016 9:00 AM
- business
The Transatlantic Trade and Investment Partnership (TTIP), a free trade agreement being negotiated between the United States and the European Union, could create 20,000-30,000 jobs in Hungary, according to participants at a conference organised by the British Embassy in Budapest.
Opposition Parties Press For Measures Against Offshore Business
- 5 Apr 2016 9:00 AM
- current affairs
Hungarian opposition parties have urged the government to take measures in light of the international offshore scandal dubbed “Panama Papers”. The radical nationalist Jobbik party insisted that lawmakers with ties to offshore companies should be stripped of their mandates. MPs should sign affidavits that they have no ties with offshore companies, Jobbik lawmaker György Szilágyi said.
Central Bank Pledges To Respect Top Court’s Ruling On Foundations
- 4 Apr 2016 9:00 AM
- business
The National Bank of Hungary (NBH) respects the ruling of the Constitutional Court and its foundations will disclose all data it is requested to make public, Deputy Governor Márton Nagy said. The top court ruled on Thursday that amendments to the law governing the central bank that give the NBH the legal power to decline public information requests concerning companies that support its ...
Top Court Says NBH Data Disclosure Amendments Unconstitutional
- 1 Apr 2016 9:00 AM
- business
Hungary’s Constitutional Court has ruled that amendments to the law governing the central bank that give the National Bank of Hungary the legal power to decline public information requests concerning companies that support its activities, or to classify such information with retroactive effect, are unconstitutional. In its ruling the top court noted that the central bank does a public service and ...
President Returns Home Building Societies Law To Parlt For Review
- 25 Mar 2016 8:00 AM
- property
President János Áder sent back a recent law aimed at establishing subsidised home building societies to parliament for a review, the president’s office reported. Lawmakers passed the governmentinitiated legislation a week ago. Under the law, members of home building societies would make regular contributions to the organisation, and also receive a 30% match from the central budget up to 25,000 ...
NBH Deputy Governor: Bank To Continue Easing Cycle
- 24 Mar 2016 8:00 AM
- business
Hungary’s central bank (NBH) will cut the base rate until it reaches a rate that is consistent with its inflation target, NBH deputy governor Márton Nagy told journalists. The bank wants to keep rate the key rate low for a sustained period, he said. The NBH’s inflation target is 3% in a +/-1 percentage-point tolerance band.
Chinese To Finance Bulk Of Budapest-Belgrade Rail Link
- 22 Mar 2016 8:00 AM
- getting around
Commenting on the planned modernisation of the Budapest- Belgrade rail link, Foreign Minister Péter Szijjártó said the project is in the interest of central Europe and the western Balkans, and also fits well in the Chinese Silk Road scheme.