586 result(s) for investment fund
Xpat Opinion: Leaders Avoid Losses, But May Pay At The Polls
- 15 Apr 2015 9:00 AM
- business
By Tom Popper, Managing Editor, Budapest Business Journal: When Quaestor investment house went bust, so did a lot of hard−working people. The government and Győr’s football team were unscathed, but many ordinary citizens were not.
New Documents Reveal How Hungary’s Malév Went Bankrupt
- 3 Apr 2015 9:00 AM
- travel
A new Hungarian airline company under the name of Veritas should have been operational ten months before the Malév bankruptcy. However, this did not happen as state investors intentionally delayed the star while Malév was consuming an enormous amount of state funds recently published inside documents reveal about the 2012 Malév-case.
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.
Lawmakers Pass Law To Freeze Assets At Scandal-Ridden Firms
- 1 Apr 2015 9:00 AM
- current affairs
Lawmakers approved a bill which will allow the assets of companies and their executives linked to the recent brokerage scandals to be frozen. The measure will affect company groups, their top executives, members of their supervisory boards as well as some auditors. The bill submitted last week by Antal Rogán, head of the parliamentary group of the ruling Fidesz party, and Péter Harrach of the ...
Hungarian Parties Want Answers About Quaestor
- 25 Mar 2015 8:00 AM
- current affairs
The Foreign Ministry should immediately make public its analyses that prompted it to withdraw its investments from Quaestor, to prove that officials did not have access to insider information, the Socialist Party declared. Together said the prosecutor general and the State Audit Office should investigate why Quaestor handled the ministry’s accounts and why Quaestor won the right to operate the ...
Xpat Opinion: Corruption Cases Eroding Faith
- 25 Mar 2015 8:00 AM
- current affairs
By Tom Popper, Managing Editor, Budapest Business Journal:It’s about time someone looked into Péter Juhász’s allegations. According to the fifth district councilman, his own local government has been giving away real estate at fabulous discounts to friends of the people in power for years now.
Hungary’s Foreign Ministry Denies Quaestor Withdrawal Insider Dealing
- 24 Mar 2015 3:00 AM
- current affairs
The foreign ministry and its affiliated organisations had no privileged information about the financial situation of the troubled brokerage Quaestor prior to its withdrawal of capital from the institution, the ministry said, adding that it had closed its investment account at Quaestor after the preceding Buda- Cash brokerage scandal emerged.
Hungary, Austria Eyeing EUR 162m Railway Upgrade
- 18 Mar 2015 8:00 AM
- getting around
Hungary and Austria are looking into possibilities of developing the railway network between their countries by tapping funding from “the Juncker package”, an official of the foreign ministry said. If the 162 million euro development plan cannot be financed from President of the European Commission Jean-Claude Juncker’s 315 billion euro investment plan, alternative funding sources must be found, ...
No Compensation For Quaestor Clients
- 12 Mar 2015 8:00 AM
- business
The Investor Protection Fund (BEVA) is set to pay out its largest compensation ever, which may exceed its present budget of Ft 12 billion, to clients of collapsed brokerage Buda-Cash, Világgazdaság writes. So far, the largest amount of money paid out to victims of bankrupt brokerages came in 1999, when London Broker went belly-up.
Xpat Opinion: Leaders Avoid Losses, But May Pay At The Polls
- 15 Apr 2015 9:00 AM
- business
By Tom Popper, Managing Editor, Budapest Business Journal: When Quaestor investment house went bust, so did a lot of hard−working people. The government and Győr’s football team were unscathed, but many ordinary citizens were not.
New Documents Reveal How Hungary’s Malév Went Bankrupt
- 3 Apr 2015 9:00 AM
- travel
A new Hungarian airline company under the name of Veritas should have been operational ten months before the Malév bankruptcy. However, this did not happen as state investors intentionally delayed the star while Malév was consuming an enormous amount of state funds recently published inside documents reveal about the 2012 Malév-case.
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.
Lawmakers Pass Law To Freeze Assets At Scandal-Ridden Firms
- 1 Apr 2015 9:00 AM
- current affairs
Lawmakers approved a bill which will allow the assets of companies and their executives linked to the recent brokerage scandals to be frozen. The measure will affect company groups, their top executives, members of their supervisory boards as well as some auditors. The bill submitted last week by Antal Rogán, head of the parliamentary group of the ruling Fidesz party, and Péter Harrach of the ...
Hungarian Parties Want Answers About Quaestor
- 25 Mar 2015 8:00 AM
- current affairs
The Foreign Ministry should immediately make public its analyses that prompted it to withdraw its investments from Quaestor, to prove that officials did not have access to insider information, the Socialist Party declared. Together said the prosecutor general and the State Audit Office should investigate why Quaestor handled the ministry’s accounts and why Quaestor won the right to operate the ...
Xpat Opinion: Corruption Cases Eroding Faith
- 25 Mar 2015 8:00 AM
- current affairs
By Tom Popper, Managing Editor, Budapest Business Journal:It’s about time someone looked into Péter Juhász’s allegations. According to the fifth district councilman, his own local government has been giving away real estate at fabulous discounts to friends of the people in power for years now.
Hungary’s Foreign Ministry Denies Quaestor Withdrawal Insider Dealing
- 24 Mar 2015 3:00 AM
- current affairs
The foreign ministry and its affiliated organisations had no privileged information about the financial situation of the troubled brokerage Quaestor prior to its withdrawal of capital from the institution, the ministry said, adding that it had closed its investment account at Quaestor after the preceding Buda- Cash brokerage scandal emerged.
Hungary, Austria Eyeing EUR 162m Railway Upgrade
- 18 Mar 2015 8:00 AM
- getting around
Hungary and Austria are looking into possibilities of developing the railway network between their countries by tapping funding from “the Juncker package”, an official of the foreign ministry said. If the 162 million euro development plan cannot be financed from President of the European Commission Jean-Claude Juncker’s 315 billion euro investment plan, alternative funding sources must be found, ...
No Compensation For Quaestor Clients
- 12 Mar 2015 8:00 AM
- business
The Investor Protection Fund (BEVA) is set to pay out its largest compensation ever, which may exceed its present budget of Ft 12 billion, to clients of collapsed brokerage Buda-Cash, Világgazdaság writes. So far, the largest amount of money paid out to victims of bankrupt brokerages came in 1999, when London Broker went belly-up.