5,476 result(s) for published
Tensions Rise Between State Audit Office & Hungarian National Bank
- 19 Feb 2013 8:01 AM
- current affairs
The National Bank overstepped its authority by handing over confidential data to the IMF, the State Audit Office (ASZ) said, firing the latest shot in a recent dispute between the two institutions. In response, MNB governor Andras Simor said on ATV Wednesday that the central bank had not violated any rules in handing over the data at the request of the IMF.
Vizoviczki Scam Worth Ft 800mn In Hungary
- 19 Feb 2013 8:00 AM
- current affairs
The criminal gang run by Obuda Island nightclub entrepreneur Laszlo Vizoviczki may have cheated the state budget of up to Ft 825.2 million in unpaid VAT in 2010-12, prosecutors said at the end of last week. Prosecutors spokesman Geza Fazekas said Vizoviczki could presumably afford to pay off police officers and possibly other officials from funds that should have gone to pay VAT.
Analysts Assess Effects Of Bond Issue In Hungary
- 19 Feb 2013 8:00 AM
- current affairs
Hungary's dollar-denominated bond issue lowers the risk that the government will tap the central bank’s foreign-currency reserves, London-based analysts said, after Hungary issued five- and ten-year bonds to a total value of $3.25 billion last Tuesday. The issue practically rules out a loan agreement with the IMF, they remarked, while noting that an IMF loan would have carried much lower yields.
Xpat Opinion: Heavenly Hungarian Wine, Part 2: Somlo
- 19 Feb 2013 8:00 AM
- food & drink
What kind of wine consumer are you? Do you buy your wine the very same day as you pop it? Or do you keep a stock at home, to chose from? Category one? Please read another post. Category two? Make sure there are some Somló in that collection of yours!
Hungary's Fidesz Caucus Leader Rogán Attacks Bajnai
- 19 Feb 2013 8:00 AM
- current affairs
Former prime minister Gordon Bajnai is “clearly a man of the past” whose dispute is not with the governing parties but with ordinary people who voted against his style of governing in 2010, Fidesz caucus leader Antal Rogán told reporters on Monday.
Hungarian Gov’t Offers Tax Relief To Banks
- 19 Feb 2013 8:00 AM
- business
The government is planning to increase the amount that can be deducted from the bank tax, if banks expand their loans, Economy Ministry state secretary Gyula Pleschinger said in a Monday interview.
Fourth Metro Line In Budapest Structurally Ready
- 18 Feb 2013 10:02 AM
- getting around
The fourth metro line is more or less structurally ready and only minor works are under way, mayor István Tarlós said on Wednesday as he opened an underground garage on Rákóczi tér in the Eighth District. He said the expected overall cost of the first section of the metro project will be Ft 452 billion, rather than the anticipated Ft 373 billion.
Hungary's Pécs Sells Zsolnay To New Investor
- 18 Feb 2013 8:00 AM
- business
The city of Pécs has sold its 74.5% stake in porcelain manufacturer Zsolnay to Swiss investor Bachar Najari for Ft 180 million, it was announced on Friday. Najari, a dealer in luxury watches who obtained a degree in Budapest in the 1980s, will pay the purchase price within five days. He agreed to invest a further Ft 500 million in Zsolnay by October 2014.
Now Socialist Ads Aimed At Hungary's PM Orbán
- 18 Feb 2013 8:00 AM
- current affairs
The Socialist Party has begun a new advertising campaign targeting Prime Minister Viktor Orbán and his handling of the economy. The words of Orbán’s promise “we shall put the economy in order” are crossed out and replaced with “we shall take the economy into bankruptcy”.
Tensions Rise Between State Audit Office & Hungarian National Bank
- 19 Feb 2013 8:01 AM
- current affairs
The National Bank overstepped its authority by handing over confidential data to the IMF, the State Audit Office (ASZ) said, firing the latest shot in a recent dispute between the two institutions. In response, MNB governor Andras Simor said on ATV Wednesday that the central bank had not violated any rules in handing over the data at the request of the IMF.
Vizoviczki Scam Worth Ft 800mn In Hungary
- 19 Feb 2013 8:00 AM
- current affairs
The criminal gang run by Obuda Island nightclub entrepreneur Laszlo Vizoviczki may have cheated the state budget of up to Ft 825.2 million in unpaid VAT in 2010-12, prosecutors said at the end of last week. Prosecutors spokesman Geza Fazekas said Vizoviczki could presumably afford to pay off police officers and possibly other officials from funds that should have gone to pay VAT.
Analysts Assess Effects Of Bond Issue In Hungary
- 19 Feb 2013 8:00 AM
- current affairs
Hungary's dollar-denominated bond issue lowers the risk that the government will tap the central bank’s foreign-currency reserves, London-based analysts said, after Hungary issued five- and ten-year bonds to a total value of $3.25 billion last Tuesday. The issue practically rules out a loan agreement with the IMF, they remarked, while noting that an IMF loan would have carried much lower yields.
Xpat Opinion: Heavenly Hungarian Wine, Part 2: Somlo
- 19 Feb 2013 8:00 AM
- food & drink
What kind of wine consumer are you? Do you buy your wine the very same day as you pop it? Or do you keep a stock at home, to chose from? Category one? Please read another post. Category two? Make sure there are some Somló in that collection of yours!
Hungary's Fidesz Caucus Leader Rogán Attacks Bajnai
- 19 Feb 2013 8:00 AM
- current affairs
Former prime minister Gordon Bajnai is “clearly a man of the past” whose dispute is not with the governing parties but with ordinary people who voted against his style of governing in 2010, Fidesz caucus leader Antal Rogán told reporters on Monday.
Hungarian Gov’t Offers Tax Relief To Banks
- 19 Feb 2013 8:00 AM
- business
The government is planning to increase the amount that can be deducted from the bank tax, if banks expand their loans, Economy Ministry state secretary Gyula Pleschinger said in a Monday interview.
Fourth Metro Line In Budapest Structurally Ready
- 18 Feb 2013 10:02 AM
- getting around
The fourth metro line is more or less structurally ready and only minor works are under way, mayor István Tarlós said on Wednesday as he opened an underground garage on Rákóczi tér in the Eighth District. He said the expected overall cost of the first section of the metro project will be Ft 452 billion, rather than the anticipated Ft 373 billion.
Hungary's Pécs Sells Zsolnay To New Investor
- 18 Feb 2013 8:00 AM
- business
The city of Pécs has sold its 74.5% stake in porcelain manufacturer Zsolnay to Swiss investor Bachar Najari for Ft 180 million, it was announced on Friday. Najari, a dealer in luxury watches who obtained a degree in Budapest in the 1980s, will pay the purchase price within five days. He agreed to invest a further Ft 500 million in Zsolnay by October 2014.
Now Socialist Ads Aimed At Hungary's PM Orbán
- 18 Feb 2013 8:00 AM
- current affairs
The Socialist Party has begun a new advertising campaign targeting Prime Minister Viktor Orbán and his handling of the economy. The words of Orbán’s promise “we shall put the economy in order” are crossed out and replaced with “we shall take the economy into bankruptcy”.