1,038 result(s) for loan
Parliament Clears Agreement On Budapest-Belgrade Rail Line Upgrade
- 14 Apr 2016 9:00 AM
- getting around
The Hungarian Parliament yesterday approved an agreement between Hungary and China to finance an upgrade of the rail line connecting Budapest and Belgrade, Hungarian news agency MTI reported.
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 ...
Együtt Reports Suspected Fraud To Police Linked To PM’s Informal Advisor
- 8 Apr 2016 9:18 AM
- current affairs
The opposition Együtt party has filed a report to police over suspected fraud linked to Árpád Habony, the prime minister’s informal advisor. The party’s leader, Viktor Szigetvári, said Habony’s lawful income is insufficient for paying back loans and his wealth stems from murky sources, while he maintains links with people handling taxpayer money.
Orbán: Repayment Of IMF-EU Loan ‘Unprecedented Achievement’
- 8 Apr 2016 9:00 AM
- business
The repayment of an IMF-EU loan by Hungary is an “unprecedented achievement” in the current global economic environment which “would not have been possible without friends, such as the Organisation for Economic Co-operation and Development (OECD),” Prime Minister Viktor Orbán said in Paris. Orbán held talks with OECD Secretary-General Ángel Gurría and addressed the organisation’s council session.
Hungary Fully Reimbursed IMF - European Commission Loan
- 7 Apr 2016 9:00 AM
- business
On 6 April 2016, the European Commission credited the last instalment, EUR 1.5bn, of the loan facility that the former Hungarian government had received from the IMF and the European Commission in 2008 and 2009, Minister for National Economy Mihály Varga announced. With this step, he added, the Government has reached its goal of creating economic policy independence also in terms of state ...
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.
Parlt Approves Natl Building Societies Act With Amendments Prompted By Áder
- 31 Mar 2016 9:00 AM
- property
Parliament approved a National Building Societies (NOK) Act with amendments that were prompted by President János Áder’s decision last week to return the law. In its original form the law submitted by Antal Rogán, the prime minister’s cabinet chief, was approved two weeks ago.
Protesters Demand Transparency Of Prime Minister’s Assets
- 30 Mar 2016 9:00 AM
- current affairs
A demonstration was organised by the opposition Együtt (Together) party demanding that Prime Minister Viktor Orbán reveal the sources of his wealth. At the demonstration, held ahead of an auction for state land in Székesfehérvár (W Hungary), Együtt’s deputy leader demanded answers to questions regarding assets associated with Orbán and his family members.
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 ...
Parliament Clears Agreement On Budapest-Belgrade Rail Line Upgrade
- 14 Apr 2016 9:00 AM
- getting around
The Hungarian Parliament yesterday approved an agreement between Hungary and China to finance an upgrade of the rail line connecting Budapest and Belgrade, Hungarian news agency MTI reported.
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 ...
Együtt Reports Suspected Fraud To Police Linked To PM’s Informal Advisor
- 8 Apr 2016 9:18 AM
- current affairs
The opposition Együtt party has filed a report to police over suspected fraud linked to Árpád Habony, the prime minister’s informal advisor. The party’s leader, Viktor Szigetvári, said Habony’s lawful income is insufficient for paying back loans and his wealth stems from murky sources, while he maintains links with people handling taxpayer money.
Orbán: Repayment Of IMF-EU Loan ‘Unprecedented Achievement’
- 8 Apr 2016 9:00 AM
- business
The repayment of an IMF-EU loan by Hungary is an “unprecedented achievement” in the current global economic environment which “would not have been possible without friends, such as the Organisation for Economic Co-operation and Development (OECD),” Prime Minister Viktor Orbán said in Paris. Orbán held talks with OECD Secretary-General Ángel Gurría and addressed the organisation’s council session.
Hungary Fully Reimbursed IMF - European Commission Loan
- 7 Apr 2016 9:00 AM
- business
On 6 April 2016, the European Commission credited the last instalment, EUR 1.5bn, of the loan facility that the former Hungarian government had received from the IMF and the European Commission in 2008 and 2009, Minister for National Economy Mihály Varga announced. With this step, he added, the Government has reached its goal of creating economic policy independence also in terms of state ...
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.
Parlt Approves Natl Building Societies Act With Amendments Prompted By Áder
- 31 Mar 2016 9:00 AM
- property
Parliament approved a National Building Societies (NOK) Act with amendments that were prompted by President János Áder’s decision last week to return the law. In its original form the law submitted by Antal Rogán, the prime minister’s cabinet chief, was approved two weeks ago.
Protesters Demand Transparency Of Prime Minister’s Assets
- 30 Mar 2016 9:00 AM
- current affairs
A demonstration was organised by the opposition Együtt (Together) party demanding that Prime Minister Viktor Orbán reveal the sources of his wealth. At the demonstration, held ahead of an auction for state land in Székesfehérvár (W Hungary), Együtt’s deputy leader demanded answers to questions regarding assets associated with Orbán and his family members.
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 ...