878 result(s) for new legislation
Hungary’s Top Court Rejects Request To Annul Parts Of Retail Loan Contracts Law
- 30 Jan 2015 8:00 AM
- property
Hungary’s Constitutional Court has rejected a request to annul some parts of legislation on retail loan contracts. The Metropolitan Appeals Court had submitted the request in connection with court cases involving four banks. The request was made based on the argument that the legislation violated the principles of the division of power and legal security.
Road Toll System In Hungary To Be Amended At Several Points
- 23 Jan 2015 8:00 AM
- getting around
While reinforcing the theoretical foundation of the system, the government decided to make several changes in relation with the road toll system. According to the announcement made by János Fónagy, county vignettes will be valid up to the first exit ramp after a county border instead of the last one before the border as of 1 February, 2015, and there will be several new toll-free sections as well.
Hungary’s Highest Court Says No To Criminalizing Sleeping Rough
- 22 Jan 2015 8:00 AM
- current affairs
Thanks to Hungary’s highest court, soon this man will no longer be considered a criminal. Hungary’s highest court, the Curia, has nullified a number of Budapest district and city hall ordinances forbidding people from sleeping rough in a variety of public areas. The court found that the legal rationale for the ordinances, adopted over the course of 2013, does not provide sufficient basis for ...
Measures On FX Loans Save Hungary HUF 1TR, Says Varga
- 22 Jan 2015 8:00 AM
- business
The government’s measures to shield foreign currency loan-holders have saved Hungary a total of around 1,000 billion forints, the economy minister said. Mihály Varga told public television M1 that since the majority of FX mortgages were denominated in Swiss franc, special attention had been placed on the fluctuation of the currency against the forint.
Raiffeisen Says Hungary Unit Lacks Share Holder Value
- 21 Jan 2015 8:00 AM
- business
Raiffeisen Bank International cannot ignore a lack of profits at its Hungarian operation indefinitely, the Austrian group’s head of corporate business said. The remarks by Peter Lennkh at a Euromoney conference in Vienna came as Raiffeisen reviews its portfolio, potentially resulting in a withdrawal from one or more foreign markets this year.
Hungarian Interests Upheld In GMO Case
- 19 Jan 2015 8:00 AM
- current affairs
On 13 January in the European Parliament, MEPs voted in favour of the legislative amendment that will enable member states to ban the cultivation of genetically modified organisms (GMOs). It is of extremely high strategic importance that Hungarian agriculture remains GMO free, as also stated in the country’s constitution.
Hungarian Forint Plunges Against Swiss Franc
- 15 Jan 2015 5:04 AM
- business
The forint plunged against the Swiss franc on Thursday morning after the Swiss National Bank said it was discontinuing its minimum exchange rate of 1.20 francs to the euro. The forint traded at 310.34 to the Swiss franc around 11 in the morning from 265.51 about an hour earlier.
Minister, Opposition On Strasbourg Court Ruling Against Hungary
- 14 Jan 2015 8:00 AM
- current affairs
The state of Hungary violated rules protecting private ownership when it stripped a tobacconist of his licence in 2013, the European Court of Human Rights ruled. The case was filed by László Vékony of Sopron, in western Hungary, who lost his licence to sell tobacco products after Hungary decided to make the retail trade of tobacco a state monopoly.
Lenders Weigh Court Defence Of Unilateral Changes To Forint Loan Contracts
- 7 Jan 2015 8:00 AM
- business
OTP Bank and Erste Bank are considering legal recourse regarding the settlement of compensation for unilateral changes to forint loan contracts, and K and H Bank already plans to file a case, the lenders said. The press department of Budapest’s Municipal Court said no cases had been filed so far.
Hungary’s Top Court Rejects Request To Annul Parts Of Retail Loan Contracts Law
- 30 Jan 2015 8:00 AM
- property
Hungary’s Constitutional Court has rejected a request to annul some parts of legislation on retail loan contracts. The Metropolitan Appeals Court had submitted the request in connection with court cases involving four banks. The request was made based on the argument that the legislation violated the principles of the division of power and legal security.
Road Toll System In Hungary To Be Amended At Several Points
- 23 Jan 2015 8:00 AM
- getting around
While reinforcing the theoretical foundation of the system, the government decided to make several changes in relation with the road toll system. According to the announcement made by János Fónagy, county vignettes will be valid up to the first exit ramp after a county border instead of the last one before the border as of 1 February, 2015, and there will be several new toll-free sections as well.
Hungary’s Highest Court Says No To Criminalizing Sleeping Rough
- 22 Jan 2015 8:00 AM
- current affairs
Thanks to Hungary’s highest court, soon this man will no longer be considered a criminal. Hungary’s highest court, the Curia, has nullified a number of Budapest district and city hall ordinances forbidding people from sleeping rough in a variety of public areas. The court found that the legal rationale for the ordinances, adopted over the course of 2013, does not provide sufficient basis for ...
Measures On FX Loans Save Hungary HUF 1TR, Says Varga
- 22 Jan 2015 8:00 AM
- business
The government’s measures to shield foreign currency loan-holders have saved Hungary a total of around 1,000 billion forints, the economy minister said. Mihály Varga told public television M1 that since the majority of FX mortgages were denominated in Swiss franc, special attention had been placed on the fluctuation of the currency against the forint.
Raiffeisen Says Hungary Unit Lacks Share Holder Value
- 21 Jan 2015 8:00 AM
- business
Raiffeisen Bank International cannot ignore a lack of profits at its Hungarian operation indefinitely, the Austrian group’s head of corporate business said. The remarks by Peter Lennkh at a Euromoney conference in Vienna came as Raiffeisen reviews its portfolio, potentially resulting in a withdrawal from one or more foreign markets this year.
Hungarian Interests Upheld In GMO Case
- 19 Jan 2015 8:00 AM
- current affairs
On 13 January in the European Parliament, MEPs voted in favour of the legislative amendment that will enable member states to ban the cultivation of genetically modified organisms (GMOs). It is of extremely high strategic importance that Hungarian agriculture remains GMO free, as also stated in the country’s constitution.
Hungarian Forint Plunges Against Swiss Franc
- 15 Jan 2015 5:04 AM
- business
The forint plunged against the Swiss franc on Thursday morning after the Swiss National Bank said it was discontinuing its minimum exchange rate of 1.20 francs to the euro. The forint traded at 310.34 to the Swiss franc around 11 in the morning from 265.51 about an hour earlier.
Minister, Opposition On Strasbourg Court Ruling Against Hungary
- 14 Jan 2015 8:00 AM
- current affairs
The state of Hungary violated rules protecting private ownership when it stripped a tobacconist of his licence in 2013, the European Court of Human Rights ruled. The case was filed by László Vékony of Sopron, in western Hungary, who lost his licence to sell tobacco products after Hungary decided to make the retail trade of tobacco a state monopoly.
Lenders Weigh Court Defence Of Unilateral Changes To Forint Loan Contracts
- 7 Jan 2015 8:00 AM
- business
OTP Bank and Erste Bank are considering legal recourse regarding the settlement of compensation for unilateral changes to forint loan contracts, and K and H Bank already plans to file a case, the lenders said. The press department of Budapest’s Municipal Court said no cases had been filed so far.