2,624 result(s) for securit
Hungarian Parties, Analysts React To 2016 Budget Proposal
- 22 Apr 2015 9:00 AM
- business
Antal Rogán, head of the Fidesz parliamentary group, said Fidesz called the planned 2016 budget “a milestone on the path of tax cuts” and insisted that the government is a “cabinet of tax reductions”. Analysts polled by MTI said the macro figures for the 2016 budget were realistic.
National Bank Of Hungary Revokes Quaestor Licence, Clearing Way For Client Compensation
- 20 Apr 2015 9:00 AM
- business
The National Bank of Hungary said it revoked the licence of brokerage Quaestor and ordered it under liquidation, clearing the way for compensation of its clients. The decision to revoke Quaestor’s licence was taken because the brokerage “cannot repay its debts, and its property and assets do not offer coverage for settlement of its liabilities”, the central bank and financial market regulator ...
Hungarian Banking Assoc Believes Quaestor Clients Have No Right To Compensation
- 20 Apr 2015 4:00 AM
- business
The Hungarian Banking Association believes clients of failed brokerage Quaestor should not receive any compensation, chief secretary Levente Kovács said on public radio. Kovács noted that Quaestor had clearly informed its clients that its securities - which paid a yield well over that of government securities - were covered neither by the National Deposit Insurance Association (OBA) nor the ...
Hungarian Parliament Approves Law On Compensation For Quaestor Victims
- 15 Apr 2015 9:00 AM
- business
Parliament approved a law on setting up a fund to compensate people who suffered losses because of the bankruptcy of brokerage firm Quaestor. In line with the law approved with 185 votes for and 5 against, compensation can be claimed between May 6 and June 5.
Opposition Parties Divided Over Hungary Anti-IS Mission
- 15 Apr 2015 9:00 AM
- current affairs
The opposition Socialists and radical nationalist Jobbik rejected Hungary’s military participation in the international coalition while smaller opposition parties were largely in favour.
Former Ambassador To US: Goodfriend Will Be Remembered
- 13 Apr 2015 9:00 AM
- current affairs
Former Hungarian ambassador to NATO and the United States Andras Simonyi says André Goodfriend “will go down as one of the most interesting diplomats ever to serve in Budapest, and not just American”. Simonyi said that while Goodfriend, who served as Chargé d’Affaires at the US embassy in Budapest between August 2103 and February 2015, may have employed “outside the box thinking”, the seasoned ...
Govt Promises Free Meals For Poorer Kids In Hungary
- 10 Apr 2015 9:00 AM
- current affairs
Hungary’s crèches and kindergartens will offer poorer children three meals a day free of charge from September on, János Lázár, the cabinet chief, said. Some 320,000 children will be eligible for the free meals while welloff parents will still be charged for their children’s meals. On another subject, Lázár said that the government’s job protection scheme will be extended to farm workers in the ...
Hungary’s Foreign Minister Supports Anti-IS Mission Proposal
- 9 Apr 2015 9:00 AM
- current affairs
Hungary’s parliament should approve the government’s proposal on the country’s participation in the international coalition fighting against the Islamic State (IS) terrorist organisation, the foreign minister said.Joining the international mission is a duty for Hungary as the country belongs to the western community, Péter Szijjártó told a press conference after a closed session of parliament’s ...
Video: Hungary's Brokerage Scandal, Thousands May Lose Life-Savings
- 8 Apr 2015 9:00 AM
- business
Hungary’s National Bank is still trying to estimate the fallout from its seizure of brokerage firm Quaestor. The company was shut down this week, the third security and investment firm to have its activities suspended within weeks. Investigators believe it may have invested scores of billions of euros more in bonds than it was allowed to under its bond insurance programme.
Hungarian Parties, Analysts React To 2016 Budget Proposal
- 22 Apr 2015 9:00 AM
- business
Antal Rogán, head of the Fidesz parliamentary group, said Fidesz called the planned 2016 budget “a milestone on the path of tax cuts” and insisted that the government is a “cabinet of tax reductions”. Analysts polled by MTI said the macro figures for the 2016 budget were realistic.
National Bank Of Hungary Revokes Quaestor Licence, Clearing Way For Client Compensation
- 20 Apr 2015 9:00 AM
- business
The National Bank of Hungary said it revoked the licence of brokerage Quaestor and ordered it under liquidation, clearing the way for compensation of its clients. The decision to revoke Quaestor’s licence was taken because the brokerage “cannot repay its debts, and its property and assets do not offer coverage for settlement of its liabilities”, the central bank and financial market regulator ...
Hungarian Banking Assoc Believes Quaestor Clients Have No Right To Compensation
- 20 Apr 2015 4:00 AM
- business
The Hungarian Banking Association believes clients of failed brokerage Quaestor should not receive any compensation, chief secretary Levente Kovács said on public radio. Kovács noted that Quaestor had clearly informed its clients that its securities - which paid a yield well over that of government securities - were covered neither by the National Deposit Insurance Association (OBA) nor the ...
Hungarian Parliament Approves Law On Compensation For Quaestor Victims
- 15 Apr 2015 9:00 AM
- business
Parliament approved a law on setting up a fund to compensate people who suffered losses because of the bankruptcy of brokerage firm Quaestor. In line with the law approved with 185 votes for and 5 against, compensation can be claimed between May 6 and June 5.
Opposition Parties Divided Over Hungary Anti-IS Mission
- 15 Apr 2015 9:00 AM
- current affairs
The opposition Socialists and radical nationalist Jobbik rejected Hungary’s military participation in the international coalition while smaller opposition parties were largely in favour.
Former Ambassador To US: Goodfriend Will Be Remembered
- 13 Apr 2015 9:00 AM
- current affairs
Former Hungarian ambassador to NATO and the United States Andras Simonyi says André Goodfriend “will go down as one of the most interesting diplomats ever to serve in Budapest, and not just American”. Simonyi said that while Goodfriend, who served as Chargé d’Affaires at the US embassy in Budapest between August 2103 and February 2015, may have employed “outside the box thinking”, the seasoned ...
Govt Promises Free Meals For Poorer Kids In Hungary
- 10 Apr 2015 9:00 AM
- current affairs
Hungary’s crèches and kindergartens will offer poorer children three meals a day free of charge from September on, János Lázár, the cabinet chief, said. Some 320,000 children will be eligible for the free meals while welloff parents will still be charged for their children’s meals. On another subject, Lázár said that the government’s job protection scheme will be extended to farm workers in the ...
Hungary’s Foreign Minister Supports Anti-IS Mission Proposal
- 9 Apr 2015 9:00 AM
- current affairs
Hungary’s parliament should approve the government’s proposal on the country’s participation in the international coalition fighting against the Islamic State (IS) terrorist organisation, the foreign minister said.Joining the international mission is a duty for Hungary as the country belongs to the western community, Péter Szijjártó told a press conference after a closed session of parliament’s ...
Video: Hungary's Brokerage Scandal, Thousands May Lose Life-Savings
- 8 Apr 2015 9:00 AM
- business
Hungary’s National Bank is still trying to estimate the fallout from its seizure of brokerage firm Quaestor. The company was shut down this week, the third security and investment firm to have its activities suspended within weeks. Investigators believe it may have invested scores of billions of euros more in bonds than it was allowed to under its bond insurance programme.