485 result(s) for loans
Xpat Opinion: Hungary’s Vanishing Social Welfare System
- 14 Jan 2016 8:00 AM
- community & culture
2015 brought many changes to Hungary’s social welfare system. From March 2015 needy families now receive far less social assistance than before. A number of programs were eliminated. In their place, local governments can offer so-called “settlement assistance”, but who receives how much is now entirely left up to the local governments.
Hungarian Competition Authority Fines Banks USD 13.8 Million
- 13 Jan 2016 8:00 AM
- business
Hungary’s Economic Competition Authority (GVH) has fined the Hungarian Banking Association HUF 4 billion (USD 13.8 million) and the Banker Training Institute HUF 15 million (USD 52,000) for the “unlawful horizontal sharing of information”.
Hungary’s Intl Reserves Fall, But Remain Well Over Short-Term Debt In Q3 - NBH
- 6 Jan 2016 8:00 AM
- business
The National Bank of Hungary’s international reserves fell by 2.6 billion euros to 32.1 billion in the third quarter, but were still well over the country’s short-term external debt, a central bank quarterly report shows. As Hungary’s gross short-term debt stood at 21.7 billion euros at the end of Q3, the international reserves well exceed the 1:1 ratio prescribed under the Guidotti-Greenspan ...
Xpat Opinion: Meet Hungary’s Deputy PM, KDNP Chairman Zsolt Semjén
- 5 Jan 2016 12:00 AM
- current affairs
(KDNP Chairman) Zsolt Semjén says 2015 was maybe the most successful year for Hungary’s national politics. The deputy prime mister told this to Kossuth Radio’s “Without borders” (“Határok nélkül”) program.
In his assessment of the year and the situation, he said that the national political program which the government initiated five years ago works “without bumps’”.
In his assessment of the year and the situation, he said that the national political program which the government initiated five years ago works “without bumps’”.
Jobbik Demands Release Of Loan Contracts For Hungary’s TV2 Purchase
- 29 Dec 2015 8:00 AM
- business
The radical nationalist Jobbik party has demanded the public release of loan contracts state banks signed with government commissioner Andrew G Vajna’s company in connection with his bid to buy the TV2 media group.Lawmaker Előd Novák noted that press reports have said that apart from Eximbank’s 6.7 billion forint (EUR 21.3m) loan transferred to Vajna’s company, stateowned MKB had also lent ...
Budapest Signs EUR 300M Credit Agreement With EIB
- 29 Dec 2015 4:00 AM
- business
The municipality of Budapest on Tuesday signed two credit agreements with the European Investment Bank (EIB) for a total of 300 million euros. The agreements were signed by deputy mayor Gábor Bagdy and EIB Vice President László Baranyay.
Land Management Fund Signs Cooperation Agreement With Banks
- 24 Dec 2015 8:00 AM
- property
The National Land Management Fund (NFA) said it signed a cooperation agreement with eight commercial banks on providing preferential loans for farmland purchases to farmers who bought lands at auctions. Raiffeisen Bank, Unicredit Bank Hungary, Erste Bank Hungary, FHB Kereskedelmi Bank, Oberbank AG, Granit Bank, Budapest Bank and Magyar Takarékszövetkezeti Bank signed an agreement with NFA.
Hungary Not At Risk, Says EBRD
- 21 Dec 2015 8:00 AM
- business
The European Bank for Reconstruction and Development has said that there is no risk in connection with Hungary as far as the bank is concerned, the daily Magyar Hírlap said. The bank has so far invested 2.7 billion euros in 170 projects in the country, Antal Nikoletti, member of the board representing Hungary at the London-based credit institution, noted. EBRD investments in Hungary are expected ...
LMP Files Criminal Report About Alleged Eximbank Loan For Hungarian TV2 Purchase
- 17 Dec 2015 8:00 AM
- current affairs
The green opposition LMP will file a criminal report for abuse of power and mismanagement in connection with Eximbank lending 6.72 billion forints (EUR 21.3m) to government commissioner Andrew G Vajna’s company to buy media group TV2, according to press reports. LMP co-leader András Schiffer said that the bank should not “stuff the pockets of a government-friendly offshore knight with loans”.
Xpat Opinion: Hungary’s Vanishing Social Welfare System
- 14 Jan 2016 8:00 AM
- community & culture
2015 brought many changes to Hungary’s social welfare system. From March 2015 needy families now receive far less social assistance than before. A number of programs were eliminated. In their place, local governments can offer so-called “settlement assistance”, but who receives how much is now entirely left up to the local governments.
Hungarian Competition Authority Fines Banks USD 13.8 Million
- 13 Jan 2016 8:00 AM
- business
Hungary’s Economic Competition Authority (GVH) has fined the Hungarian Banking Association HUF 4 billion (USD 13.8 million) and the Banker Training Institute HUF 15 million (USD 52,000) for the “unlawful horizontal sharing of information”.
Hungary’s Intl Reserves Fall, But Remain Well Over Short-Term Debt In Q3 - NBH
- 6 Jan 2016 8:00 AM
- business
The National Bank of Hungary’s international reserves fell by 2.6 billion euros to 32.1 billion in the third quarter, but were still well over the country’s short-term external debt, a central bank quarterly report shows. As Hungary’s gross short-term debt stood at 21.7 billion euros at the end of Q3, the international reserves well exceed the 1:1 ratio prescribed under the Guidotti-Greenspan ...
Xpat Opinion: Meet Hungary’s Deputy PM, KDNP Chairman Zsolt Semjén
- 5 Jan 2016 12:00 AM
- current affairs
(KDNP Chairman) Zsolt Semjén says 2015 was maybe the most successful year for Hungary’s national politics. The deputy prime mister told this to Kossuth Radio’s “Without borders” (“Határok nélkül”) program.
In his assessment of the year and the situation, he said that the national political program which the government initiated five years ago works “without bumps’”.
In his assessment of the year and the situation, he said that the national political program which the government initiated five years ago works “without bumps’”.
Jobbik Demands Release Of Loan Contracts For Hungary’s TV2 Purchase
- 29 Dec 2015 8:00 AM
- business
The radical nationalist Jobbik party has demanded the public release of loan contracts state banks signed with government commissioner Andrew G Vajna’s company in connection with his bid to buy the TV2 media group.Lawmaker Előd Novák noted that press reports have said that apart from Eximbank’s 6.7 billion forint (EUR 21.3m) loan transferred to Vajna’s company, stateowned MKB had also lent ...
Budapest Signs EUR 300M Credit Agreement With EIB
- 29 Dec 2015 4:00 AM
- business
The municipality of Budapest on Tuesday signed two credit agreements with the European Investment Bank (EIB) for a total of 300 million euros. The agreements were signed by deputy mayor Gábor Bagdy and EIB Vice President László Baranyay.
Land Management Fund Signs Cooperation Agreement With Banks
- 24 Dec 2015 8:00 AM
- property
The National Land Management Fund (NFA) said it signed a cooperation agreement with eight commercial banks on providing preferential loans for farmland purchases to farmers who bought lands at auctions. Raiffeisen Bank, Unicredit Bank Hungary, Erste Bank Hungary, FHB Kereskedelmi Bank, Oberbank AG, Granit Bank, Budapest Bank and Magyar Takarékszövetkezeti Bank signed an agreement with NFA.
Hungary Not At Risk, Says EBRD
- 21 Dec 2015 8:00 AM
- business
The European Bank for Reconstruction and Development has said that there is no risk in connection with Hungary as far as the bank is concerned, the daily Magyar Hírlap said. The bank has so far invested 2.7 billion euros in 170 projects in the country, Antal Nikoletti, member of the board representing Hungary at the London-based credit institution, noted. EBRD investments in Hungary are expected ...
LMP Files Criminal Report About Alleged Eximbank Loan For Hungarian TV2 Purchase
- 17 Dec 2015 8:00 AM
- current affairs
The green opposition LMP will file a criminal report for abuse of power and mismanagement in connection with Eximbank lending 6.72 billion forints (EUR 21.3m) to government commissioner Andrew G Vajna’s company to buy media group TV2, according to press reports. LMP co-leader András Schiffer said that the bank should not “stuff the pockets of a government-friendly offshore knight with loans”.