437 result(s) for loans
The Budapest M4 Metro: A Study In Inefficiency And Waste
- 1 Apr 2014 9:00 AM
- getting around
Originally conceived in 1972 as a means for transporting commuters between Budafok (south-west Budapest) and downtown Pest, the decision to build the Budapest M4 metro was made in May 1991 during the first Demszky administration. Nol.hu writes that the project was started without permits, without the consent of owners, without the necessary management, and without moneymoney. With the exception ...
Hungary’s Eximbank Signs Deal With Lenders On Renewal Of Export Stimulus Contracts
- 27 Mar 2014 8:00 AM
- business
The Hungarian Export-Import Bank (Eximbank) on Wednesday signed a cooperation agreement with 18 domestic banks on the renewal of refinancing contracts for low-interest loans available under Eximbank’s export stimulus credit programme.
Xpat Opinion: Hungary's Parliament To Rewrite FX Loan Contracts
- 24 Mar 2014 8:00 AM
- property
In their commentaries on the Constitutional Court’s verdict on forex loans, analysts from across the political spectrum agree that it is the government’s responsibility to help indebted families. It is, however, unclear how loans denominated in foreign currencies could be converted into Forint credits without severe economic consequences.
Citi’s Budapest Chief Executive: Eyes On The Bright Side
- 21 Mar 2014 8:00 AM
- business
Even as the finance industry is struggling to fend off the effects of adverse operating conditions in Hungary, Citi’s Budapest business boasts continuing growth. The Budapest Business Journal spoke with the recently appointed chief executive Aftab Ahmed about his impressions of the country’s economy and his expectations of the future.
Hungary’s Central Bank Official Hints Bank’s Profits Could Be Higher
- 19 Mar 2014 8:00 AM
- business
Hungarian banks’ profits should be neither too high nor too low in the long term, according to a paper published on the National Bank of Hungary’s website. Banking sector ROE (return on equity) of 10-12% would “best serve the development of the Hungarian economy”, NBH managing director Márton Nagy and director Balázs Vonnák wrote in the paper, titled “The 10 Measures of a Well-Functioning ...
Lawmakers Can Modify Forex Loan Contracts, Hungary’s Constitutional Court Rules
- 18 Mar 2014 8:00 AM
- property
Existing contracts for foreign-currency mortgages may be modified by legislation, Hungary’s Constitutional Court ruled. Its decision came after the government asked the court to weigh the constitutionality of several conditions in the forex loan contracts. Among the government’s concerns was that borrowers had not been warned of the risks that a falling exchange rate would have on their monthly ...
Hungary’s Macro Imbalances Need Monitoring, Says Brussels
- 6 Mar 2014 8:00 AM
- business
The European Commission counts Hungary among member states that are experiencing macroeconomic imbalances, but not among those whose imbalances are considered excessive. “[…] Macroeconomic imbalances require monitoring and decisive policy action,” the commission said on Wednesday, releasing the results of in-depth reviews of the economies of 17 member states.
Hungary Exports 95% Of GDP
- 19 Feb 2014 8:00 AM
- business
Hungarian exports as a share of gross domestic product are 95%, the highest in central and eastern Europe next to Slovakia, Zoltán Cséfalvay, state secretary of the economy ministry, told a joint press conference held with the head of Hungary’s Eximbank.
Hungary’s Election Committee Rejects Opposition Referendum Bid On Paks
- 18 Feb 2014 8:00 AM
- current affairs
Members of the National Election Committee (NVB) on Monday unanimously rejected a joint referendum bid by Viktor Szigetvári and Benedek Jávor in connection with the planned Paks nuclear upgrade.
The Budapest M4 Metro: A Study In Inefficiency And Waste
- 1 Apr 2014 9:00 AM
- getting around
Originally conceived in 1972 as a means for transporting commuters between Budafok (south-west Budapest) and downtown Pest, the decision to build the Budapest M4 metro was made in May 1991 during the first Demszky administration. Nol.hu writes that the project was started without permits, without the consent of owners, without the necessary management, and without moneymoney. With the exception ...
Hungary’s Eximbank Signs Deal With Lenders On Renewal Of Export Stimulus Contracts
- 27 Mar 2014 8:00 AM
- business
The Hungarian Export-Import Bank (Eximbank) on Wednesday signed a cooperation agreement with 18 domestic banks on the renewal of refinancing contracts for low-interest loans available under Eximbank’s export stimulus credit programme.
Xpat Opinion: Hungary's Parliament To Rewrite FX Loan Contracts
- 24 Mar 2014 8:00 AM
- property
In their commentaries on the Constitutional Court’s verdict on forex loans, analysts from across the political spectrum agree that it is the government’s responsibility to help indebted families. It is, however, unclear how loans denominated in foreign currencies could be converted into Forint credits without severe economic consequences.
Citi’s Budapest Chief Executive: Eyes On The Bright Side
- 21 Mar 2014 8:00 AM
- business
Even as the finance industry is struggling to fend off the effects of adverse operating conditions in Hungary, Citi’s Budapest business boasts continuing growth. The Budapest Business Journal spoke with the recently appointed chief executive Aftab Ahmed about his impressions of the country’s economy and his expectations of the future.
Hungary’s Central Bank Official Hints Bank’s Profits Could Be Higher
- 19 Mar 2014 8:00 AM
- business
Hungarian banks’ profits should be neither too high nor too low in the long term, according to a paper published on the National Bank of Hungary’s website. Banking sector ROE (return on equity) of 10-12% would “best serve the development of the Hungarian economy”, NBH managing director Márton Nagy and director Balázs Vonnák wrote in the paper, titled “The 10 Measures of a Well-Functioning ...
Lawmakers Can Modify Forex Loan Contracts, Hungary’s Constitutional Court Rules
- 18 Mar 2014 8:00 AM
- property
Existing contracts for foreign-currency mortgages may be modified by legislation, Hungary’s Constitutional Court ruled. Its decision came after the government asked the court to weigh the constitutionality of several conditions in the forex loan contracts. Among the government’s concerns was that borrowers had not been warned of the risks that a falling exchange rate would have on their monthly ...
Hungary’s Macro Imbalances Need Monitoring, Says Brussels
- 6 Mar 2014 8:00 AM
- business
The European Commission counts Hungary among member states that are experiencing macroeconomic imbalances, but not among those whose imbalances are considered excessive. “[…] Macroeconomic imbalances require monitoring and decisive policy action,” the commission said on Wednesday, releasing the results of in-depth reviews of the economies of 17 member states.
Hungary Exports 95% Of GDP
- 19 Feb 2014 8:00 AM
- business
Hungarian exports as a share of gross domestic product are 95%, the highest in central and eastern Europe next to Slovakia, Zoltán Cséfalvay, state secretary of the economy ministry, told a joint press conference held with the head of Hungary’s Eximbank.
Hungary’s Election Committee Rejects Opposition Referendum Bid On Paks
- 18 Feb 2014 8:00 AM
- current affairs
Members of the National Election Committee (NVB) on Monday unanimously rejected a joint referendum bid by Viktor Szigetvári and Benedek Jávor in connection with the planned Paks nuclear upgrade.