1,038 result(s) for loan
Lázár: Reports Of Abuse Against Migrants ‘Lies’
- 15 Jul 2016 9:00 AM
- current affairs
Government office chief János Lázár rejected reports by human rights organisations accusing Hungarian authorities of being violent towards migrants at the border as “lies and slander”. He said authorities handled migrants in a professional manner. Human Rights Watch said in a report published on Wednesday that Hungary’s authorities “summarily force” migrants back to Serbia at the southern border, ...
Golgotha Painting Lawsuit Begins
- 8 Jul 2016 9:00 AM
- current affairs
The trial in which Hungarian-American art collector Imre Pákh is challenging the government’s decision to forbid the export of the painting Golgotha, owned by him, began yesterday at the Capital Public Administration and Labour Court.
Mayor: Budapest Not Ready To Set Start Date For Metro Revamp
- 8 Jul 2016 2:00 AM
- getting around
Budapest’s municipal council has yet to set a start date for upgrading the third metro line, Budapest Mayor István Tarlós said. The planned duration of the project has not changed, Tarlós told a press conference, adding that delays may be avoidable.
Moody’s Upgrades Hungary’s Banking System Outlook To Positive
- 30 Jun 2016 9:00 AM
- business
Ratings agency Moody’s Investors Service upgraded the outlook of Hungary’s banking system to positive, the rating agency said today in a report entitled “Banking System Outlook - Hungary”. Moodyʼs noted, however, that government support for banks in the EU, including Hungary, is less certain under the provisions of the EUʼs Bank Recovery and Resolution Directive.
Gross Wages Rise 6.4% In April
- 22 Jun 2016 9:00 AM
- business
The average gross wage in Hungary was 264,471 forints (EUR 845) in April, up by 6.4% from the same month a year earlier, the Central Statistical Office (KSH) said. Net wage growth outpaced the increase, rising by 8.0% to 175,874 forints, because of a one percentage point cut in the personal income tax rate, to 15%, from January.
Zsolnay Under Threat Of Liquidation
- 31 May 2016 9:00 AM
- business
The state-owned Hungarian Development Bank (MFB) will initiate a liquidation procedure against renowned porcelain maker Zsolnay if it fails to comply with the repayment schedule on a 413 million forint (EUR 1.3m) loan that matured last August, daily Népszabadság said on Monday.
Moody’s: Improved Employment, Higher Real Wages Positive For Banks
- 31 May 2016 9:00 AM
- business
Lower unemployment, higher employment and rising real wages should positively impact Hungary’s banking sector, ratings agency Moody’s said in an analysis. Higher real wages is credit positive for banks because it enhances households’ ability to service their bank loans and will help reduce banks’ nonperforming retail loans.
Portik And Hatvani Get 15 Years
- 27 May 2016 9:00 AM
- current affairs
The Capital Court of Appeals on Thursday sentenced Tamás Portik and the second defendant, István Hatvani, to 15 years in a penitentiary in the matter of the Prisztás murder. The sentences are binding.
Budapest Local Govt Plans To Renovate Chain Bridge
- 20 May 2016 9:00 AM
- getting around
Budapest mayor István Tarlós has announced plans to renovate the city’s iconic Chain Bridge and remodel Blaha Lujza Square in central Budapest. Speaking at an AmCham event, Tarlós said the Buda Castle tunnel was also a contender for renovation and plans are to revamp the Cog-Wheel railway, extending it to Széll Kálmán Square in one direction and all the way to Normafa Hill in the other.
Lázár: Reports Of Abuse Against Migrants ‘Lies’
- 15 Jul 2016 9:00 AM
- current affairs
Government office chief János Lázár rejected reports by human rights organisations accusing Hungarian authorities of being violent towards migrants at the border as “lies and slander”. He said authorities handled migrants in a professional manner. Human Rights Watch said in a report published on Wednesday that Hungary’s authorities “summarily force” migrants back to Serbia at the southern border, ...
Golgotha Painting Lawsuit Begins
- 8 Jul 2016 9:00 AM
- current affairs
The trial in which Hungarian-American art collector Imre Pákh is challenging the government’s decision to forbid the export of the painting Golgotha, owned by him, began yesterday at the Capital Public Administration and Labour Court.
Mayor: Budapest Not Ready To Set Start Date For Metro Revamp
- 8 Jul 2016 2:00 AM
- getting around
Budapest’s municipal council has yet to set a start date for upgrading the third metro line, Budapest Mayor István Tarlós said. The planned duration of the project has not changed, Tarlós told a press conference, adding that delays may be avoidable.
Moody’s Upgrades Hungary’s Banking System Outlook To Positive
- 30 Jun 2016 9:00 AM
- business
Ratings agency Moody’s Investors Service upgraded the outlook of Hungary’s banking system to positive, the rating agency said today in a report entitled “Banking System Outlook - Hungary”. Moodyʼs noted, however, that government support for banks in the EU, including Hungary, is less certain under the provisions of the EUʼs Bank Recovery and Resolution Directive.
Gross Wages Rise 6.4% In April
- 22 Jun 2016 9:00 AM
- business
The average gross wage in Hungary was 264,471 forints (EUR 845) in April, up by 6.4% from the same month a year earlier, the Central Statistical Office (KSH) said. Net wage growth outpaced the increase, rising by 8.0% to 175,874 forints, because of a one percentage point cut in the personal income tax rate, to 15%, from January.
Zsolnay Under Threat Of Liquidation
- 31 May 2016 9:00 AM
- business
The state-owned Hungarian Development Bank (MFB) will initiate a liquidation procedure against renowned porcelain maker Zsolnay if it fails to comply with the repayment schedule on a 413 million forint (EUR 1.3m) loan that matured last August, daily Népszabadság said on Monday.
Moody’s: Improved Employment, Higher Real Wages Positive For Banks
- 31 May 2016 9:00 AM
- business
Lower unemployment, higher employment and rising real wages should positively impact Hungary’s banking sector, ratings agency Moody’s said in an analysis. Higher real wages is credit positive for banks because it enhances households’ ability to service their bank loans and will help reduce banks’ nonperforming retail loans.
Portik And Hatvani Get 15 Years
- 27 May 2016 9:00 AM
- current affairs
The Capital Court of Appeals on Thursday sentenced Tamás Portik and the second defendant, István Hatvani, to 15 years in a penitentiary in the matter of the Prisztás murder. The sentences are binding.
Budapest Local Govt Plans To Renovate Chain Bridge
- 20 May 2016 9:00 AM
- getting around
Budapest mayor István Tarlós has announced plans to renovate the city’s iconic Chain Bridge and remodel Blaha Lujza Square in central Budapest. Speaking at an AmCham event, Tarlós said the Buda Castle tunnel was also a contender for renovation and plans are to revamp the Cog-Wheel railway, extending it to Széll Kálmán Square in one direction and all the way to Normafa Hill in the other.