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Economy Minister Varga For Transparent Bond Sellers
- 18 Feb 2015 8:00 AM
- current affairs
It would be better to give the opportunity to sell residency bonds to more transparent companies than at present, Economy Minister Mihály Varga told Inforádió yesterday.
Hungary Buys Stake In ERSTE, Pledges Bank Tax Cut
- 13 Feb 2015 8:00 AM
- business
Conservative pundits welcome the government’s decision to temporarily invest in ERSTE Bank Hungary and pledge to take out the surplus bank tax. This, they believe, will help consolidate the banking sector and boost lending. A left-wing commentator doubts that the government will fulfil its promises.
Hungarian Opposition Parties Criticise Erste Purchase
- 12 Feb 2015 11:30 AM
- current affairs
The opposition Socialist, Liberal and green LMP parties have slammed the government for signing a memorandum of understanding under which the state of Hungary would obtain a stake in Erste Bank Hungary. The Socialists said that “the corrupt government’s move” could cost taxpayers hundreds of billions of forints, and asked who would benefit from the deal.
Hungary’s Fidesz Youth Ex-Leader Caught With Forged Notes
- 12 Feb 2015 8:00 AM
- current affairs
Áron Veress, former head of the youth chapter of Fidesz, was arrested on Friday, when he attempted to exchange a counterfeit €100 note at a currency change office in Keleti train station. The owner of the office informed the police when he noticed what was clearly a forged note.
Meet Lajos Simicska: Fidesz’s Enigmatic Oligarch
- 12 Feb 2015 8:00 AM
- current affairs
“From the time of its founding Fidesz did not have outside supporters. We wanted to avoid being beholden to domestic and foreign groups, and for this reason had to develop our own sources of income.” – Lajos Simicska, Fidesz economic director, October 1994 “Hungary needs large Hungarian companies in the financial sector, the insurance […]
Retail Chain Pepco To Enter Hungarian Market With Stores Across Country
- 12 Feb 2015 8:00 AM
- shopping
South African-owned retail chain Pepco is to begin operations in Hungary, with stores opening soon in the cities of Budapest, Tatabánya, Veszprém, Siófok, Eger, Miskolc, Debrecen and Nyíregyháza. The Pepco brand has been present so far in Poland, the Czech Republic and Slovakia – however, its owner, the Pepkor holding group, also has interests in Africa and Australia.
Prominent Personalities Leave Hungary's HírTV
- 11 Feb 2015 8:00 AM
- current affairs
Popular television presenter Andrea Kovács has handed in her notice to her employers at HírTV, news site Pestisracok reports. She told the website that she cannot follow the U-turn against Prime Minister Viktor Orbán made by the channel’s owner Lajos Simicska on Friday.
Hungary's PM Orbán To Meet Bertelsmann Chief
- 11 Feb 2015 8:00 AM
- business
Prime Minister Viktor Orbán will meet Thomas Rabe, head of the Bertelsmann group, the owner of television channel RTL Klub, on February 24, Prime Minister’s Office leader János Lázár announced on state radio on Tuesday morning.
Contract For Renovation Of Budapest’s Párizsi Udvar Signed
- 11 Feb 2015 8:00 AM
- property
Mellow Mood Group signed a contract with architectural firm Archikon on the renovation of the landmark Párizsi Udvar in Budapest. Párizs Property, a member of Mellow Mood Group, acquired the historic building in the city centre from the 5th district local council for 2.1 billion forints (EUR 6.8m) last spring.
Economy Minister Varga For Transparent Bond Sellers
- 18 Feb 2015 8:00 AM
- current affairs
It would be better to give the opportunity to sell residency bonds to more transparent companies than at present, Economy Minister Mihály Varga told Inforádió yesterday.
Hungary Buys Stake In ERSTE, Pledges Bank Tax Cut
- 13 Feb 2015 8:00 AM
- business
Conservative pundits welcome the government’s decision to temporarily invest in ERSTE Bank Hungary and pledge to take out the surplus bank tax. This, they believe, will help consolidate the banking sector and boost lending. A left-wing commentator doubts that the government will fulfil its promises.
Hungarian Opposition Parties Criticise Erste Purchase
- 12 Feb 2015 11:30 AM
- current affairs
The opposition Socialist, Liberal and green LMP parties have slammed the government for signing a memorandum of understanding under which the state of Hungary would obtain a stake in Erste Bank Hungary. The Socialists said that “the corrupt government’s move” could cost taxpayers hundreds of billions of forints, and asked who would benefit from the deal.
Hungary’s Fidesz Youth Ex-Leader Caught With Forged Notes
- 12 Feb 2015 8:00 AM
- current affairs
Áron Veress, former head of the youth chapter of Fidesz, was arrested on Friday, when he attempted to exchange a counterfeit €100 note at a currency change office in Keleti train station. The owner of the office informed the police when he noticed what was clearly a forged note.
Meet Lajos Simicska: Fidesz’s Enigmatic Oligarch
- 12 Feb 2015 8:00 AM
- current affairs
“From the time of its founding Fidesz did not have outside supporters. We wanted to avoid being beholden to domestic and foreign groups, and for this reason had to develop our own sources of income.” – Lajos Simicska, Fidesz economic director, October 1994 “Hungary needs large Hungarian companies in the financial sector, the insurance […]
Retail Chain Pepco To Enter Hungarian Market With Stores Across Country
- 12 Feb 2015 8:00 AM
- shopping
South African-owned retail chain Pepco is to begin operations in Hungary, with stores opening soon in the cities of Budapest, Tatabánya, Veszprém, Siófok, Eger, Miskolc, Debrecen and Nyíregyháza. The Pepco brand has been present so far in Poland, the Czech Republic and Slovakia – however, its owner, the Pepkor holding group, also has interests in Africa and Australia.
Prominent Personalities Leave Hungary's HírTV
- 11 Feb 2015 8:00 AM
- current affairs
Popular television presenter Andrea Kovács has handed in her notice to her employers at HírTV, news site Pestisracok reports. She told the website that she cannot follow the U-turn against Prime Minister Viktor Orbán made by the channel’s owner Lajos Simicska on Friday.
Hungary's PM Orbán To Meet Bertelsmann Chief
- 11 Feb 2015 8:00 AM
- business
Prime Minister Viktor Orbán will meet Thomas Rabe, head of the Bertelsmann group, the owner of television channel RTL Klub, on February 24, Prime Minister’s Office leader János Lázár announced on state radio on Tuesday morning.
Contract For Renovation Of Budapest’s Párizsi Udvar Signed
- 11 Feb 2015 8:00 AM
- property
Mellow Mood Group signed a contract with architectural firm Archikon on the renovation of the landmark Párizsi Udvar in Budapest. Párizs Property, a member of Mellow Mood Group, acquired the historic building in the city centre from the 5th district local council for 2.1 billion forints (EUR 6.8m) last spring.