878 result(s) for new legislation
Moody’s Downgrades Hungary’s Erste, FHB Banks
- 13 Aug 2014 3:00 AM
- business
Moody’s Investors Service downgraded the deposit ratings of Erste Bank Hungary and FHB Mortgage Bank both to B3 from B2 on Tuesday, the ratings agency announced. Moody’s maintained the negative outlook for both banks, citing “increased risk of losses” resulting from recently adopted borrowers’ relief legislation and “ongoing negative pressure on...financial fundamentals”.
Hungary’s Opposition LMP Supports Szekler Autonomy
- 11 Aug 2014 9:00 AM
- community & culture
The national board of the green opposition LMP party has voiced support for a European initiative by the Szekler National Council, which could help Romania’s Szekler Land to autonomy, LMP told MTI on Saturday.
Hostile Reaction By Hungary’s Ruling Party Fidesz To ECB
- 7 Aug 2014 9:00 AM
- current affairs
The opinion expressed by the European Central Bank (ECB) on Tuesday on Hungary’s new law on foreign currency loans is another way of exerting pressure on Hungary, ultimately coming from foreign-owned banks, Fidesz said in a statement issued Wednesday evening.
Norway Funds Supervision Moves To Hungary’s Cabinet Office
- 4 Aug 2014 9:00 AM
- property
The government is to transfer oversight of Norway Fund programmes from the state-owned Széchenyi Programme Office to the Prime Minister’s Office by Aug 31. Norway, Iceland and Liechtenstein decided on May 9 to suspend further disbursement of funds to Hungary.
Religious Freedom Report On Hungary Published By US State Dept
- 4 Aug 2014 9:00 AM
- current affairs
The US State Department’s Bureau of Democracy, Human Rights and Labor recently released its annual International Religious Freedom Report. The report spotlights typical examples of abuses and restrictions representative of problems of religious freedom reported in each country, shedding light on the nature, scope and severity of religious freedom violations. The US State Department helped to ...
Below The Radar – Avoiding Scrutiny In Public Procurement In Hungary
- 4 Aug 2014 9:00 AM
- current affairs
Public procurement practices in Hungary are characterised by close relationships between many Hungarian state institutions and their networks of friendly contractors, which in turn demonstrate a good and very detailed grasp of the relevant legislation. In essence there is a limit below which government agencies can procure goods and services without having to announce an open call for bids. Since ...
Budapest Metro Line Renovation Loan Guaranteed By Govt
- 1 Aug 2014 9:00 AM
- getting around
The government supports upgrading Budapest’s M3 metro line and will provide a state guarantee to a related loan if necessary, Economy Minister Mihály Varga said after Wednesday’s cabinet meeting.
Capital Raised By HUF 15.4bn At Hungarian Unit Of CIB Bank
- 1 Aug 2014 9:00 AM
- business
Italy’s Intesa Sanpaolo is raising capital at its Hungarian unit, CIB Bank, by 15.4 billion forints (EUR 50m), the lender said on the website of the Budapest Stock Exchange. The raise will take place with the subscription of a single share with a nominal value of 1 forint.
New Designer Drugs Banned In Hungary
- 31 Jul 2014 9:30 AM
- health & wellness
Beginning this week, four new psychoactive substances are being included the so-called C list as designer drugs; consequently, the police may initiate the respective proceedings following their confiscation.
Moody’s Downgrades Hungary’s Erste, FHB Banks
- 13 Aug 2014 3:00 AM
- business
Moody’s Investors Service downgraded the deposit ratings of Erste Bank Hungary and FHB Mortgage Bank both to B3 from B2 on Tuesday, the ratings agency announced. Moody’s maintained the negative outlook for both banks, citing “increased risk of losses” resulting from recently adopted borrowers’ relief legislation and “ongoing negative pressure on...financial fundamentals”.
Hungary’s Opposition LMP Supports Szekler Autonomy
- 11 Aug 2014 9:00 AM
- community & culture
The national board of the green opposition LMP party has voiced support for a European initiative by the Szekler National Council, which could help Romania’s Szekler Land to autonomy, LMP told MTI on Saturday.
Hostile Reaction By Hungary’s Ruling Party Fidesz To ECB
- 7 Aug 2014 9:00 AM
- current affairs
The opinion expressed by the European Central Bank (ECB) on Tuesday on Hungary’s new law on foreign currency loans is another way of exerting pressure on Hungary, ultimately coming from foreign-owned banks, Fidesz said in a statement issued Wednesday evening.
Norway Funds Supervision Moves To Hungary’s Cabinet Office
- 4 Aug 2014 9:00 AM
- property
The government is to transfer oversight of Norway Fund programmes from the state-owned Széchenyi Programme Office to the Prime Minister’s Office by Aug 31. Norway, Iceland and Liechtenstein decided on May 9 to suspend further disbursement of funds to Hungary.
Religious Freedom Report On Hungary Published By US State Dept
- 4 Aug 2014 9:00 AM
- current affairs
The US State Department’s Bureau of Democracy, Human Rights and Labor recently released its annual International Religious Freedom Report. The report spotlights typical examples of abuses and restrictions representative of problems of religious freedom reported in each country, shedding light on the nature, scope and severity of religious freedom violations. The US State Department helped to ...
Below The Radar – Avoiding Scrutiny In Public Procurement In Hungary
- 4 Aug 2014 9:00 AM
- current affairs
Public procurement practices in Hungary are characterised by close relationships between many Hungarian state institutions and their networks of friendly contractors, which in turn demonstrate a good and very detailed grasp of the relevant legislation. In essence there is a limit below which government agencies can procure goods and services without having to announce an open call for bids. Since ...
Budapest Metro Line Renovation Loan Guaranteed By Govt
- 1 Aug 2014 9:00 AM
- getting around
The government supports upgrading Budapest’s M3 metro line and will provide a state guarantee to a related loan if necessary, Economy Minister Mihály Varga said after Wednesday’s cabinet meeting.
Capital Raised By HUF 15.4bn At Hungarian Unit Of CIB Bank
- 1 Aug 2014 9:00 AM
- business
Italy’s Intesa Sanpaolo is raising capital at its Hungarian unit, CIB Bank, by 15.4 billion forints (EUR 50m), the lender said on the website of the Budapest Stock Exchange. The raise will take place with the subscription of a single share with a nominal value of 1 forint.
New Designer Drugs Banned In Hungary
- 31 Jul 2014 9:30 AM
- health & wellness
Beginning this week, four new psychoactive substances are being included the so-called C list as designer drugs; consequently, the police may initiate the respective proceedings following their confiscation.















