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The 10 Most Outrageous Things Matolcsy’s Foundations Have Spent Money On
- 9 May 2016 9:00 AM
- current affairs
The foundations that were created by the Hungarian National Bank (MNB), and cost 260 billion HUF, have recently revealed what they have the money on. There are six foundations, approximately 1 000 items, but 24.hu selected the top 10 most outrageous things.
Matolcsy: Criticism On Central Bank Foundations Political Bluff
- 9 May 2016 9:00 AM
- current affairs
Criticism of the central bank and its foundations is “political bluff”, the bank’s governor György Matolcsy said in an interview published in Friday’s daily Magyar Nemzet. Matolcsy said he highly valued the trust placed in him by Prime Minister Viktor Orbán and he was sure that they would continue to work together.
Home Building On The Rise
- 6 May 2016 9:00 AM
- property
The number of home building permits issued in Hungary in the first quarter rose by an annual 100.1% to 4,765, data released by the Central Statistical Office (KSH) said. The number of home building permits issued in Budapest rose by 78% to 1,280. In county seats and cities with over 50,000 residents, the number climbed 145% to 1,296.
Constellation Hotels, Property Market Partner Up For Budapest Development
- 5 May 2016 9:00 AM
- property
Qatari-owned property investor Constellation Hotels Holdings agreed to partner up with Hungarian peer Property Market in an office and residential development in the south of Budapest, Hungarian news agency MTI reported.
Hungary’s Prosecutors Renew MNB Property Case
- 4 May 2016 9:00 AM
- current affairs
Prosecutors have ordered police to continue an investigation into the purchase of a property by the MNB’s Pallas Athéné Geopolitikai foundation (Pageo) after police dropped the case. Prosecutors rejected as unfounded the Budapest’s Fifth District police argument that there was no evidence of crime, after a month-long investigation.
NBH-Scandal – Jobbik Lambasts Central Bank Governor Over “Financing State”
- 4 May 2016 9:00 AM
- business
The opposition Jobbik party has called on György Matolcsy, governor of the National Bank of Hungary, to resign over recent scandals including purchases of state securities by the central bank’s foundations. Jobbik deputy leader Dániel Z Kárpát told a press conference on Monday that through those purchases the central bank has violated a prohibition of financing state operations, and has ...
Hans Zimmer, Touring For The First Time, In Budapest On 11 May
- 3 May 2016 9:04 AM
- entertainment
German-born composer Hans Zimmer is recognized as one of Hollywood’s most innovative musical talents, and he will be on tour for the first time with his band, orchestra and choir to give a live music experience to his fans. Budapest is part of this unique concert series by the most successful film composer of our era, where he will perform live May 11th at BudapestArena.
IMF Urges Policy Reform To Improve Investment Climate
- 2 May 2016 9:00 AM
- current affairs
The International Monetary Fund (IMF) called for structural policies to improve the investment climate, enhance competitiveness and address weaknesses in the labour market in a report following scheduled consultations. “Increased market confidence and enhanced competitiveness would lift private investment, including from abroad.
2017 Budget Bill Targets Deficit Of HUF 1,166.4 BN
- 28 Apr 2016 9:00 AM
- business
Hungary’s budget is expected to run a cash-flow-based deficit of 1,166.4 billion forints (EUR 3.7bn) next year, well above the 761.6 billion gap targeted for 2016. The 2017 budget bill targets revenue of 17,374.9 billion forints and expenditures of 18,541.3 billion.
The 10 Most Outrageous Things Matolcsy’s Foundations Have Spent Money On
- 9 May 2016 9:00 AM
- current affairs
The foundations that were created by the Hungarian National Bank (MNB), and cost 260 billion HUF, have recently revealed what they have the money on. There are six foundations, approximately 1 000 items, but 24.hu selected the top 10 most outrageous things.
Matolcsy: Criticism On Central Bank Foundations Political Bluff
- 9 May 2016 9:00 AM
- current affairs
Criticism of the central bank and its foundations is “political bluff”, the bank’s governor György Matolcsy said in an interview published in Friday’s daily Magyar Nemzet. Matolcsy said he highly valued the trust placed in him by Prime Minister Viktor Orbán and he was sure that they would continue to work together.
Home Building On The Rise
- 6 May 2016 9:00 AM
- property
The number of home building permits issued in Hungary in the first quarter rose by an annual 100.1% to 4,765, data released by the Central Statistical Office (KSH) said. The number of home building permits issued in Budapest rose by 78% to 1,280. In county seats and cities with over 50,000 residents, the number climbed 145% to 1,296.
Constellation Hotels, Property Market Partner Up For Budapest Development
- 5 May 2016 9:00 AM
- property
Qatari-owned property investor Constellation Hotels Holdings agreed to partner up with Hungarian peer Property Market in an office and residential development in the south of Budapest, Hungarian news agency MTI reported.
Hungary’s Prosecutors Renew MNB Property Case
- 4 May 2016 9:00 AM
- current affairs
Prosecutors have ordered police to continue an investigation into the purchase of a property by the MNB’s Pallas Athéné Geopolitikai foundation (Pageo) after police dropped the case. Prosecutors rejected as unfounded the Budapest’s Fifth District police argument that there was no evidence of crime, after a month-long investigation.
NBH-Scandal – Jobbik Lambasts Central Bank Governor Over “Financing State”
- 4 May 2016 9:00 AM
- business
The opposition Jobbik party has called on György Matolcsy, governor of the National Bank of Hungary, to resign over recent scandals including purchases of state securities by the central bank’s foundations. Jobbik deputy leader Dániel Z Kárpát told a press conference on Monday that through those purchases the central bank has violated a prohibition of financing state operations, and has ...
Hans Zimmer, Touring For The First Time, In Budapest On 11 May
- 3 May 2016 9:04 AM
- entertainment
German-born composer Hans Zimmer is recognized as one of Hollywood’s most innovative musical talents, and he will be on tour for the first time with his band, orchestra and choir to give a live music experience to his fans. Budapest is part of this unique concert series by the most successful film composer of our era, where he will perform live May 11th at BudapestArena.
IMF Urges Policy Reform To Improve Investment Climate
- 2 May 2016 9:00 AM
- current affairs
The International Monetary Fund (IMF) called for structural policies to improve the investment climate, enhance competitiveness and address weaknesses in the labour market in a report following scheduled consultations. “Increased market confidence and enhanced competitiveness would lift private investment, including from abroad.
2017 Budget Bill Targets Deficit Of HUF 1,166.4 BN
- 28 Apr 2016 9:00 AM
- business
Hungary’s budget is expected to run a cash-flow-based deficit of 1,166.4 billion forints (EUR 3.7bn) next year, well above the 761.6 billion gap targeted for 2016. The 2017 budget bill targets revenue of 17,374.9 billion forints and expenditures of 18,541.3 billion.