165 result(s) for money transfer
Opposition Slams Central Bank For Deals With Offshore Businesses
- 30 May 2016 9:00 AM
- business
The central bank and its foundations are doing business with offshore companies including property purchases and the bank has become a “five-star hotel for offshore knights”, the green opposition LMP said on Saturday. LMP has proposed in parliament that the central bank should transfer its profits to the central budget but the ruling majority has rejected this, deputy group leader Erzsébet ...
Xpat Opinion: National Bank President Still Under Fire
- 29 Apr 2016 9:00 AM
- current affairs
As the debate over the management of the funds of the National Bank (MNB) rolls on, passionate articles abound both in condemnation and in defence of its President.
Kósa Demands Answers On Alstom Case Involving Former PM
- 29 Apr 2016 9:00 AM
- current affairs
The ruling Fidesz party is calling on the government to release the names of those who were involved in the signing of the Budapest metro contracts with French engineering company Alstom. Alstom has recently been revealed to have transferred more than 597,000 euros to a company owned by the family of former Socialist prime minister Péter Medgyessy.
Xpat Opinion: Metro Bribe For Former Socialist PM?
- 27 Apr 2016 9:00 AM
- current affairs
Magyar Idők accuses former Socialist Prime inister Péter Medgyessy’s consultancy company of receiving 600 thousand Euros from Alstom. The French company sold a fleet of underground railway carriages to Budapest under the previous, left-liberal administration.
Alstom Paid Former PM’s Company Almost Euro 600,000 In Consulting Fees
- 27 Apr 2016 9:00 AM
- current affairs
French engineering company Alstom transferred more than 597,000 euros to a company owned by the family of Hungary’s former prime minister, Péter Medgyessy, in 2007 and 2008, daily Magyar Idők said. The paper said Alstom transferred 259,000 euros in consulting fees on the basis of a contract with AssistConsult, indirectly owned by Medgyessy and his wife, on March 30, 2007, and another 338,000 ...
Fewer Residency Bonds Sold In Q1
- 11 Apr 2016 9:00 AM
- current affairs
Non-EU citizens bought 88 Hungarian residency bonds in the first quarter, down from 174 in the same period of 2015, Magyar Nemzet reports. The bonds, offering a residence permit to those who invest €300,000 in Hungarian bonds for at least five years, were introduced in 2013. So far 3,446 have been sold.
Court Strikes Down MNB Secrecy Law
- 1 Apr 2016 9:00 AM
- current affairs
The Constitutional Court ruled yesterday that the legislation allowing the MNB to withhold data on the use of money by its foundations is unconstitutional. President János Áder refused to sign the bill into law earlier this month, referring the case to the Court.
Court Rules For Transfer Of Hungarians Arrested In Prostitution Sting To France
- 24 Mar 2016 8:00 AM
- current affairs
A Budapest court ruled for the pre-trial detention and transfer to French authorities of ten out of the 12 Hungarian nationals suspected of trafficking Hungarian women to work as prostitutes in France. The French authorities put out a European arrest warrant for the 12 men who were taken into custody in Hungary on Monday in a raid coordinated with Hungarian police, the court said in a statement.
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 ...
Opposition Slams Central Bank For Deals With Offshore Businesses
- 30 May 2016 9:00 AM
- business
The central bank and its foundations are doing business with offshore companies including property purchases and the bank has become a “five-star hotel for offshore knights”, the green opposition LMP said on Saturday. LMP has proposed in parliament that the central bank should transfer its profits to the central budget but the ruling majority has rejected this, deputy group leader Erzsébet ...
Xpat Opinion: National Bank President Still Under Fire
- 29 Apr 2016 9:00 AM
- current affairs
As the debate over the management of the funds of the National Bank (MNB) rolls on, passionate articles abound both in condemnation and in defence of its President.
Kósa Demands Answers On Alstom Case Involving Former PM
- 29 Apr 2016 9:00 AM
- current affairs
The ruling Fidesz party is calling on the government to release the names of those who were involved in the signing of the Budapest metro contracts with French engineering company Alstom. Alstom has recently been revealed to have transferred more than 597,000 euros to a company owned by the family of former Socialist prime minister Péter Medgyessy.
Xpat Opinion: Metro Bribe For Former Socialist PM?
- 27 Apr 2016 9:00 AM
- current affairs
Magyar Idők accuses former Socialist Prime inister Péter Medgyessy’s consultancy company of receiving 600 thousand Euros from Alstom. The French company sold a fleet of underground railway carriages to Budapest under the previous, left-liberal administration.
Alstom Paid Former PM’s Company Almost Euro 600,000 In Consulting Fees
- 27 Apr 2016 9:00 AM
- current affairs
French engineering company Alstom transferred more than 597,000 euros to a company owned by the family of Hungary’s former prime minister, Péter Medgyessy, in 2007 and 2008, daily Magyar Idők said. The paper said Alstom transferred 259,000 euros in consulting fees on the basis of a contract with AssistConsult, indirectly owned by Medgyessy and his wife, on March 30, 2007, and another 338,000 ...
Fewer Residency Bonds Sold In Q1
- 11 Apr 2016 9:00 AM
- current affairs
Non-EU citizens bought 88 Hungarian residency bonds in the first quarter, down from 174 in the same period of 2015, Magyar Nemzet reports. The bonds, offering a residence permit to those who invest €300,000 in Hungarian bonds for at least five years, were introduced in 2013. So far 3,446 have been sold.
Court Strikes Down MNB Secrecy Law
- 1 Apr 2016 9:00 AM
- current affairs
The Constitutional Court ruled yesterday that the legislation allowing the MNB to withhold data on the use of money by its foundations is unconstitutional. President János Áder refused to sign the bill into law earlier this month, referring the case to the Court.
Court Rules For Transfer Of Hungarians Arrested In Prostitution Sting To France
- 24 Mar 2016 8:00 AM
- current affairs
A Budapest court ruled for the pre-trial detention and transfer to French authorities of ten out of the 12 Hungarian nationals suspected of trafficking Hungarian women to work as prostitutes in France. The French authorities put out a European arrest warrant for the 12 men who were taken into custody in Hungary on Monday in a raid coordinated with Hungarian police, the court said in a statement.
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 ...