149 result(s) for repayment
Hungary Could Need EUR 3.8 Bn New Borrowing In 2017
- 29 Dec 2016 7:00 AM
- business
The gross financing requirement for 2017 of the Hungarian state will be 7.844 trillion forints (EUR 25.4bn); of this amount, 1.166 trillion forints will represent new borrowing while 6.678 trillion forints will be needed for credit renewals, Economy Minister Mihály Varga and Government Debt Management Agency (AKK) CEO György Barcza announced at a press conference on Wednesday.
Hungary Seeks Talks With Austria On Paks
- 25 Nov 2016 8:00 AM
- current affairs
A European Court suit Austria has launched over Hungary’s upgrade of the Paks nuclear power station is not expected to delay the project, government office chief János Lázár told a press briefing. Hungary accepts Austria’s decision to turn to the court over the Paks project, though it would prefer to handle the matter through a joint negotiating mechanism, he said, adding that the government is ...
Hungarians Working Abroad Send Home Less Money
- 19 Aug 2016 9:00 AM
- current affairs
Hungarians working abroad permanently or temporarily sent home less money last year than in the previous year, business daily Világgazdaság said citing World Bank figures. According to preliminary data, Hungarians working abroad transferred 4.2 billion dollars to Hungary last year, the majority of which probably went to family members or for loan repayments.
Hungarian Personal Bankruptcy Law Failure, Says LMP
- 16 Aug 2016 9:00 AM
- current affairs
Green opposition LMP has branded Hungary’s personal bankruptcy law a failure and proposed that the legislation should be changed to make debt repayment fairer and allow lower-income debtors to file for personal bankruptcy as well.
Hungarian Economist Calls Paks II “A National Tragedy”
- 15 Aug 2016 9:00 AM
- current affairs
Translation of György Nej’s interview with Hungarian economist Mária Zita Petschnig published in 168 óra on 18 July 2014 under the title “National Tragedy: We may leave the EU.” President Áder János signed into law the agreement pertaining to the the Paks II loan agreement, although the Hungarian Wire Office (MTI) neglected to report it. Was it really so unimportant? The project, together with ...
Zsolnay Under Threat Of Liquidation
- 31 May 2016 9:00 AM
- business
The state-owned Hungarian Development Bank (MFB) will initiate a liquidation procedure against renowned porcelain maker Zsolnay if it fails to comply with the repayment schedule on a 413 million forint (EUR 1.3m) loan that matured last August, daily Népszabadság said on Monday.
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.
Hungary Fully Reimbursed IMF - European Commission Loan
- 7 Apr 2016 9:00 AM
- business
On 6 April 2016, the European Commission credited the last instalment, EUR 1.5bn, of the loan facility that the former Hungarian government had received from the IMF and the European Commission in 2008 and 2009, Minister for National Economy Mihály Varga announced. With this step, he added, the Government has reached its goal of creating economic policy independence also in terms of state ...
Opposition Demands Ruling Parties Refund Anti-Quota Campaign Costs
- 22 Feb 2016 8:00 AM
- current affairs
Several opposition parties demanded that the ruling Fidesz-Christian Democrat coalition should pay back into the budget the funds spent on their earlier billboard campaigns, advertising a tough stance against plans of a quota system. Daniel Z Kárpát, the deputy leader of the radical nationalist Jobbik party said that his party was against the idea that migrants should be distributed among EU ...
Hungary Could Need EUR 3.8 Bn New Borrowing In 2017
- 29 Dec 2016 7:00 AM
- business
The gross financing requirement for 2017 of the Hungarian state will be 7.844 trillion forints (EUR 25.4bn); of this amount, 1.166 trillion forints will represent new borrowing while 6.678 trillion forints will be needed for credit renewals, Economy Minister Mihály Varga and Government Debt Management Agency (AKK) CEO György Barcza announced at a press conference on Wednesday.
Hungary Seeks Talks With Austria On Paks
- 25 Nov 2016 8:00 AM
- current affairs
A European Court suit Austria has launched over Hungary’s upgrade of the Paks nuclear power station is not expected to delay the project, government office chief János Lázár told a press briefing. Hungary accepts Austria’s decision to turn to the court over the Paks project, though it would prefer to handle the matter through a joint negotiating mechanism, he said, adding that the government is ...
Hungarians Working Abroad Send Home Less Money
- 19 Aug 2016 9:00 AM
- current affairs
Hungarians working abroad permanently or temporarily sent home less money last year than in the previous year, business daily Világgazdaság said citing World Bank figures. According to preliminary data, Hungarians working abroad transferred 4.2 billion dollars to Hungary last year, the majority of which probably went to family members or for loan repayments.
Hungarian Personal Bankruptcy Law Failure, Says LMP
- 16 Aug 2016 9:00 AM
- current affairs
Green opposition LMP has branded Hungary’s personal bankruptcy law a failure and proposed that the legislation should be changed to make debt repayment fairer and allow lower-income debtors to file for personal bankruptcy as well.
Hungarian Economist Calls Paks II “A National Tragedy”
- 15 Aug 2016 9:00 AM
- current affairs
Translation of György Nej’s interview with Hungarian economist Mária Zita Petschnig published in 168 óra on 18 July 2014 under the title “National Tragedy: We may leave the EU.” President Áder János signed into law the agreement pertaining to the the Paks II loan agreement, although the Hungarian Wire Office (MTI) neglected to report it. Was it really so unimportant? The project, together with ...
Zsolnay Under Threat Of Liquidation
- 31 May 2016 9:00 AM
- business
The state-owned Hungarian Development Bank (MFB) will initiate a liquidation procedure against renowned porcelain maker Zsolnay if it fails to comply with the repayment schedule on a 413 million forint (EUR 1.3m) loan that matured last August, daily Népszabadság said on Monday.
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.
Hungary Fully Reimbursed IMF - European Commission Loan
- 7 Apr 2016 9:00 AM
- business
On 6 April 2016, the European Commission credited the last instalment, EUR 1.5bn, of the loan facility that the former Hungarian government had received from the IMF and the European Commission in 2008 and 2009, Minister for National Economy Mihály Varga announced. With this step, he added, the Government has reached its goal of creating economic policy independence also in terms of state ...
Opposition Demands Ruling Parties Refund Anti-Quota Campaign Costs
- 22 Feb 2016 8:00 AM
- current affairs
Several opposition parties demanded that the ruling Fidesz-Christian Democrat coalition should pay back into the budget the funds spent on their earlier billboard campaigns, advertising a tough stance against plans of a quota system. Daniel Z Kárpát, the deputy leader of the radical nationalist Jobbik party said that his party was against the idea that migrants should be distributed among EU ...