242 result(s) for orban in Business
EIB Group Opens Budapest Office
- 14 Jun 2016 9:00 AM
- business
The Investment Bank (EIB) officially opened its Budapest office at a ceremony held at the Hungarian Academy of Sciences. Few countries would make better partners for the EIB than Hungary, Prime Minister Viktor Orbán said in his address. At the event, Hungary signed a 30 billion forint (EUR 96m) refinancing agreement with the EIB for the construction of gymnasiums, swimming pools, sports courts ...
Hungary Has Not Yet Won Any Funding From Juncker Stimulus
- 2 Jun 2016 9:00 AM
- business
Hungary has not won any funding for a single project from the 313 billion euros made available under the ‘Juncker package’, the opposition Democratic Coalition (DK) said.
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 ...
Orbán: Hungary Experiencing Economic Boom
- 25 Apr 2016 9:00 AM
- business
Hungary is experiencing a time of economic prosperity and will take another step forward in 2017, Prime Minister Viktor Orbán told public Kossuth Radio. Speaking about next year’s budget, the prime minister said wages are continuously growing while unemployment is decreasing, something that Hungary “achieved without loans”.
Orbán: Repayment Of IMF-EU Loan ‘Unprecedented Achievement’
- 8 Apr 2016 9:00 AM
- business
The repayment of an IMF-EU loan by Hungary is an “unprecedented achievement” in the current global economic environment which “would not have been possible without friends, such as the Organisation for Economic Co-operation and Development (OECD),” Prime Minister Viktor Orbán said in Paris. Orbán held talks with OECD Secretary-General Ángel Gurría and addressed the organisation’s council session.
Court Awards Severance Pay To Ex-MPs
- 4 Mar 2016 8:00 AM
- business
The European Court of Human Rights in Strasbourg has ruled that the Hungarian state must pay Ft 800,000 each to Erzsébet Gy. Németh and Szilvia Kovács Frank. Both were Socialist MPs until 2010 and collected severance pay, which the Orbán cabinet punished by imposing a 98% special tax on it.
Xpat Opinion: Government Plans Zero Budget Deficit
- 22 Feb 2016 8:00 AM
- business
Centrist, conservative and pro-government columnists welcome the government’s plans to cut the deficit to zero by 2017 and thus reduce public debt.
Budapest Budget Plans Approved
- 18 Feb 2016 8:00 AM
- business
The Budapest assembly passed the budget proposed by the municipality leadership. The budget plans for revenue of 228.86 billion forints (EUR 738m) and spending of 313.5 billion with a shortfall of 85.4 billion. Gábor Bagdy, deputy mayor in change of finances, said the municipality is managing the finances in straitened times but the budget will provide the capital required for the city’s ...
Brokers Pocket HUF 74 Billion Selling Hungarian Settlement Bonds
- 21 Jan 2016 10:35 AM
- business
1145 foreigners were granted residency permits in Hungary in 2015 after purchasing settlement bonds. Magyar Nemzet reports that offshore companies brokering the sale of the bonds have made between HUF 74 billion (USD 255 million) and HUF 95 billion (USD 328 million) since the program was launched three years ago.
EIB Group Opens Budapest Office
- 14 Jun 2016 9:00 AM
- business
The Investment Bank (EIB) officially opened its Budapest office at a ceremony held at the Hungarian Academy of Sciences. Few countries would make better partners for the EIB than Hungary, Prime Minister Viktor Orbán said in his address. At the event, Hungary signed a 30 billion forint (EUR 96m) refinancing agreement with the EIB for the construction of gymnasiums, swimming pools, sports courts ...
Hungary Has Not Yet Won Any Funding From Juncker Stimulus
- 2 Jun 2016 9:00 AM
- business
Hungary has not won any funding for a single project from the 313 billion euros made available under the ‘Juncker package’, the opposition Democratic Coalition (DK) said.
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 ...
Orbán: Hungary Experiencing Economic Boom
- 25 Apr 2016 9:00 AM
- business
Hungary is experiencing a time of economic prosperity and will take another step forward in 2017, Prime Minister Viktor Orbán told public Kossuth Radio. Speaking about next year’s budget, the prime minister said wages are continuously growing while unemployment is decreasing, something that Hungary “achieved without loans”.
Orbán: Repayment Of IMF-EU Loan ‘Unprecedented Achievement’
- 8 Apr 2016 9:00 AM
- business
The repayment of an IMF-EU loan by Hungary is an “unprecedented achievement” in the current global economic environment which “would not have been possible without friends, such as the Organisation for Economic Co-operation and Development (OECD),” Prime Minister Viktor Orbán said in Paris. Orbán held talks with OECD Secretary-General Ángel Gurría and addressed the organisation’s council session.
Court Awards Severance Pay To Ex-MPs
- 4 Mar 2016 8:00 AM
- business
The European Court of Human Rights in Strasbourg has ruled that the Hungarian state must pay Ft 800,000 each to Erzsébet Gy. Németh and Szilvia Kovács Frank. Both were Socialist MPs until 2010 and collected severance pay, which the Orbán cabinet punished by imposing a 98% special tax on it.
Xpat Opinion: Government Plans Zero Budget Deficit
- 22 Feb 2016 8:00 AM
- business
Centrist, conservative and pro-government columnists welcome the government’s plans to cut the deficit to zero by 2017 and thus reduce public debt.
Budapest Budget Plans Approved
- 18 Feb 2016 8:00 AM
- business
The Budapest assembly passed the budget proposed by the municipality leadership. The budget plans for revenue of 228.86 billion forints (EUR 738m) and spending of 313.5 billion with a shortfall of 85.4 billion. Gábor Bagdy, deputy mayor in change of finances, said the municipality is managing the finances in straitened times but the budget will provide the capital required for the city’s ...
Brokers Pocket HUF 74 Billion Selling Hungarian Settlement Bonds
- 21 Jan 2016 10:35 AM
- business
1145 foreigners were granted residency permits in Hungary in 2015 after purchasing settlement bonds. Magyar Nemzet reports that offshore companies brokering the sale of the bonds have made between HUF 74 billion (USD 255 million) and HUF 95 billion (USD 328 million) since the program was launched three years ago.