878 result(s) for new legislation
Hungarian Banking Assoc Believes Quaestor Clients Have No Right To Compensation
- 20 Apr 2015 4:00 AM
- business
The Hungarian Banking Association believes clients of failed brokerage Quaestor should not receive any compensation, chief secretary Levente Kovács said on public radio. Kovács noted that Quaestor had clearly informed its clients that its securities - which paid a yield well over that of government securities - were covered neither by the National Deposit Insurance Association (OBA) nor the ...
Hungarian Gov’t Throws Lifeline To Brokerage Victims
- 10 Apr 2015 9:00 AM
- business
The government will provide Ft 2 billion in the coming days to 84 local governments that lost money in the Buda-Cash brokerage scandal to help them pay for salaries and welfare transfers, PMO Minister János Lázár announced yesterday.
Ministry Proposes Clarifying Law On Health Gratuities
- 9 Apr 2015 9:00 AM
- health & wellness
The ministry of public administration is preparing an amendment to legislation in order to clarify the situation concerning health-care gratuities, Magyar Nemzet daily reported.The new rules under the proposal would allow doctors and health-care staff to accept gratuity money as long as this happened after treatment as a way of expressing satisfaction, the paper said, citing the ministry’s ...
Hungary Near Top On The “Corrupt Countries” List
- 9 Apr 2015 9:00 AM
- business
There are a variety of signs, some screaming to be notices, others barely visible that signal corruption could be present in a public procurement. Hungary came out near the top of a sample of countries that were showing signs of corruption, István János Tóth, co-founder and director of Corruption Research Center, Budapest (CRCB), tells business website portfolio.hu.
Easter Holiday Boosts Retail Sales In Hungary
- 3 Apr 2015 9:00 AM
- shopping
Retail sales in the run-up to the Easter holiday are expected to rise by 60 billion forints, about the same amount as last year, according to the National Retail Association (OKSZ). Last year’s retail sales around the holiday were up from 45 -50 billion in the preceding years, said OKSZ chief secretary György Vámos. This year’s sales were helped by the decision by some retailers to keep their ...
New Documents Reveal How Hungary’s Malév Went Bankrupt
- 3 Apr 2015 9:00 AM
- travel
A new Hungarian airline company under the name of Veritas should have been operational ten months before the Malév bankruptcy. However, this did not happen as state investors intentionally delayed the star while Malév was consuming an enormous amount of state funds recently published inside documents reveal about the 2012 Malév-case.
Hungarian Consulate In Moscow Supplied EU Visas To 'Gangsters And Whores'
- 3 Apr 2015 9:00 AM
- current affairs
Translation of an article by András Dezső and Szabolcs Panyi “Előre kurvák, gengszterek! – A Kiss Szilárd-sztori III. rész” (“Whores and gangsters, forward!”- The Szilárd Kiss story part 3.”) published at Hungarian daily online Index.hu on 23. March 2015.
Lawmakers Pass Law To Freeze Assets At Scandal-Ridden Firms
- 1 Apr 2015 9:00 AM
- current affairs
Lawmakers approved a bill which will allow the assets of companies and their executives linked to the recent brokerage scandals to be frozen. The measure will affect company groups, their top executives, members of their supervisory boards as well as some auditors. The bill submitted last week by Antal Rogán, head of the parliamentary group of the ruling Fidesz party, and Péter Harrach of the ...
Xpat Opinion: Sunday Closing Law A Bad Idea
- 30 Mar 2015 9:00 AM
- shopping
By Tom Popper, Managing Editor, Budapest Business Journal: The Sunday closing law that came into effect March 15 is a bad idea. It only serves special interests, and it should be killed – by legislation or a referendum. The chorus of opposition to the Sunday closing law has mostly hit the same basic note: Forcing larger retailers to close on Sundays is bad for business and the economy.
Hungarian Banking Assoc Believes Quaestor Clients Have No Right To Compensation
- 20 Apr 2015 4:00 AM
- business
The Hungarian Banking Association believes clients of failed brokerage Quaestor should not receive any compensation, chief secretary Levente Kovács said on public radio. Kovács noted that Quaestor had clearly informed its clients that its securities - which paid a yield well over that of government securities - were covered neither by the National Deposit Insurance Association (OBA) nor the ...
Hungarian Gov’t Throws Lifeline To Brokerage Victims
- 10 Apr 2015 9:00 AM
- business
The government will provide Ft 2 billion in the coming days to 84 local governments that lost money in the Buda-Cash brokerage scandal to help them pay for salaries and welfare transfers, PMO Minister János Lázár announced yesterday.
Ministry Proposes Clarifying Law On Health Gratuities
- 9 Apr 2015 9:00 AM
- health & wellness
The ministry of public administration is preparing an amendment to legislation in order to clarify the situation concerning health-care gratuities, Magyar Nemzet daily reported.The new rules under the proposal would allow doctors and health-care staff to accept gratuity money as long as this happened after treatment as a way of expressing satisfaction, the paper said, citing the ministry’s ...
Hungary Near Top On The “Corrupt Countries” List
- 9 Apr 2015 9:00 AM
- business
There are a variety of signs, some screaming to be notices, others barely visible that signal corruption could be present in a public procurement. Hungary came out near the top of a sample of countries that were showing signs of corruption, István János Tóth, co-founder and director of Corruption Research Center, Budapest (CRCB), tells business website portfolio.hu.
Easter Holiday Boosts Retail Sales In Hungary
- 3 Apr 2015 9:00 AM
- shopping
Retail sales in the run-up to the Easter holiday are expected to rise by 60 billion forints, about the same amount as last year, according to the National Retail Association (OKSZ). Last year’s retail sales around the holiday were up from 45 -50 billion in the preceding years, said OKSZ chief secretary György Vámos. This year’s sales were helped by the decision by some retailers to keep their ...
New Documents Reveal How Hungary’s Malév Went Bankrupt
- 3 Apr 2015 9:00 AM
- travel
A new Hungarian airline company under the name of Veritas should have been operational ten months before the Malév bankruptcy. However, this did not happen as state investors intentionally delayed the star while Malév was consuming an enormous amount of state funds recently published inside documents reveal about the 2012 Malév-case.
Hungarian Consulate In Moscow Supplied EU Visas To 'Gangsters And Whores'
- 3 Apr 2015 9:00 AM
- current affairs
Translation of an article by András Dezső and Szabolcs Panyi “Előre kurvák, gengszterek! – A Kiss Szilárd-sztori III. rész” (“Whores and gangsters, forward!”- The Szilárd Kiss story part 3.”) published at Hungarian daily online Index.hu on 23. March 2015.
Lawmakers Pass Law To Freeze Assets At Scandal-Ridden Firms
- 1 Apr 2015 9:00 AM
- current affairs
Lawmakers approved a bill which will allow the assets of companies and their executives linked to the recent brokerage scandals to be frozen. The measure will affect company groups, their top executives, members of their supervisory boards as well as some auditors. The bill submitted last week by Antal Rogán, head of the parliamentary group of the ruling Fidesz party, and Péter Harrach of the ...
Xpat Opinion: Sunday Closing Law A Bad Idea
- 30 Mar 2015 9:00 AM
- shopping
By Tom Popper, Managing Editor, Budapest Business Journal: The Sunday closing law that came into effect March 15 is a bad idea. It only serves special interests, and it should be killed – by legislation or a referendum. The chorus of opposition to the Sunday closing law has mostly hit the same basic note: Forcing larger retailers to close on Sundays is bad for business and the economy.