125 result(s) for securit in Business
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.
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.
Standard & Poor’s Upgrades Hungary’s Junk Credit Rating
- 23 Mar 2015 8:00 AM
- business
Hungary’s junk credit rating has been upgraded by Standard & Poor’s, which cited the country’s improving growth outlook and its better preparedness to handle unexpected crises. Hungary had lost its investment grade credit rating as far back as 2011. S&P said in a statement Friday that it was raising Hungary’s rating from BB to BB+, one step below investment grade, bringing its assessment in line ...
Mihály Varga: High Time For A Credit Rating Upgrade
- 23 Mar 2015 8:00 AM
- business
The country’s situation warrants an upgrade by credit rating agencies, as over the past years Hungary’s current account has posted massive surpluses, general government budget deficit has been below 3 percent for years, economic growth has been picking up and employment shows steady improvement, Minister for National Economy Mihály Varga said at the Hungarian Business Leaders Forum held in ...
Police Launch Investigation Into Quaestor
- 12 Mar 2015 8:00 AM
- business
The Hungarian police have launched an investigation of brokerage Quaestor on suspicion of fraud, the National Police Headquarters said. Quaestor’s headquarters were raided as part of the investigation, the police said. Earlier in the day political parties clashed over the brokerage scandal.
Whitening Economy Increases Revenues To Central Budget
- 12 Mar 2015 2:00 AM
- business
In 2014, tax revenues to Hungary’s central budget were 650 billion forints (EUR 1.99bn) up compared to the previous year, national daily Magyar Nemzet said. The paper quoted the economy ministry as saying that higher tax revenues were the result of a shrinking grey economy.
Hungary’s State-Owned Energy Group MVM Ties Up With US Institute
- 23 Feb 2015 8:00 AM
- business
Hungary’s state-owned energy group MVM has signed an agreement on cooperation in research and development with the Electric Power Research Institute (EPRI) of the US in order to improve security and efficiency in Hungary’s Paks nuclear plant.
Hungarians Have Good Reason To Trust In Mercedes
- 27 Jan 2015 8:00 AM
- business
“There are six thousand companies founded fully or partly with German capital operating in Hungary, which influence the lives of over one million Hungarians”, Prime Minister said on Tuesday in Kecskemét at the event organised to mark the launch of serial production of the new Mercedes-Benz CLA Shooting Brake.
NAV Employee Suspected Of Corruption Reported To Police
- 18 Dec 2014 8:00 AM
- business
An employee of Hungary’s tax office (NAV) suspected of corruption has been reported to the police, tabloid Blikk reported. The paper quoted a contractor who asked to remain anonymous referring to a recording which implicates the NAV employee in corruption.
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.
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.
Standard & Poor’s Upgrades Hungary’s Junk Credit Rating
- 23 Mar 2015 8:00 AM
- business
Hungary’s junk credit rating has been upgraded by Standard & Poor’s, which cited the country’s improving growth outlook and its better preparedness to handle unexpected crises. Hungary had lost its investment grade credit rating as far back as 2011. S&P said in a statement Friday that it was raising Hungary’s rating from BB to BB+, one step below investment grade, bringing its assessment in line ...
Mihály Varga: High Time For A Credit Rating Upgrade
- 23 Mar 2015 8:00 AM
- business
The country’s situation warrants an upgrade by credit rating agencies, as over the past years Hungary’s current account has posted massive surpluses, general government budget deficit has been below 3 percent for years, economic growth has been picking up and employment shows steady improvement, Minister for National Economy Mihály Varga said at the Hungarian Business Leaders Forum held in ...
Police Launch Investigation Into Quaestor
- 12 Mar 2015 8:00 AM
- business
The Hungarian police have launched an investigation of brokerage Quaestor on suspicion of fraud, the National Police Headquarters said. Quaestor’s headquarters were raided as part of the investigation, the police said. Earlier in the day political parties clashed over the brokerage scandal.
Whitening Economy Increases Revenues To Central Budget
- 12 Mar 2015 2:00 AM
- business
In 2014, tax revenues to Hungary’s central budget were 650 billion forints (EUR 1.99bn) up compared to the previous year, national daily Magyar Nemzet said. The paper quoted the economy ministry as saying that higher tax revenues were the result of a shrinking grey economy.
Hungary’s State-Owned Energy Group MVM Ties Up With US Institute
- 23 Feb 2015 8:00 AM
- business
Hungary’s state-owned energy group MVM has signed an agreement on cooperation in research and development with the Electric Power Research Institute (EPRI) of the US in order to improve security and efficiency in Hungary’s Paks nuclear plant.
Hungarians Have Good Reason To Trust In Mercedes
- 27 Jan 2015 8:00 AM
- business
“There are six thousand companies founded fully or partly with German capital operating in Hungary, which influence the lives of over one million Hungarians”, Prime Minister said on Tuesday in Kecskemét at the event organised to mark the launch of serial production of the new Mercedes-Benz CLA Shooting Brake.
NAV Employee Suspected Of Corruption Reported To Police
- 18 Dec 2014 8:00 AM
- business
An employee of Hungary’s tax office (NAV) suspected of corruption has been reported to the police, tabloid Blikk reported. The paper quoted a contractor who asked to remain anonymous referring to a recording which implicates the NAV employee in corruption.