246 result(s) for state assets
Central Bank Foundation To Obtain Historic Várkert Casino For EUR 10.5 M
- 7 Jul 2016 9:00 AM
- property
A foundation of the National Bank of Hungary will purchase the Várkert Casino building on the western waterfront of the Danube in central Budapest for a total of 10.5 million euros, the foundation announced on Wednesday. The Pallas Athene Domus Innovationis Foundation will use the historic building, a World Heritage site, to host scientific conferences, as well as contemporary art exhibitions and ...
Hungary’s Competition Office Clears MNB Foundation’s Real Estate Purchases
- 30 Jun 2016 9:00 AM
- property
The Competition Office of Hungary (GVH) gave the go-ahead for the purchase of four new real estate properties by the National Bank of Hungary’s (MNB) controversial Pallas Athéné foundations (PADA), according to an update on the PADA website yesterday, Hungarian News Agency MTI reported.
Moody’s Upgrades Hungary’s Banking System Outlook To Positive
- 30 Jun 2016 9:00 AM
- business
Ratings agency Moody’s Investors Service upgraded the outlook of Hungary’s banking system to positive, the rating agency said today in a report entitled “Banking System Outlook - Hungary”. Moodyʼs noted, however, that government support for banks in the EU, including Hungary, is less certain under the provisions of the EUʼs Bank Recovery and Resolution Directive.
MNBʼs Foundations Said To Invest In Real Estate
- 17 Jun 2016 8:00 AM
- property
The National Bank of Hungary’s (MNB) controversial Pallas Athéné foundations (PADA) moved some of their endowment from government securities and bank deposits into real estate, according to the head of the investment company that manages the assets of the foundations, Hungarian news agency MTI reported.
MNB: Hungarian Banks See Profits Rise By 209% In Q1
- 27 May 2016 9:00 AM
- business
Combined first-quarter after-tax profit of Hungarian banks rose 209% compared to the same period a year earlier, reaching HUF 191.4 billion, data released by the National Bank of Hungary (MNB) today show, according to Hungarian news agency MTI.
Alexander Hacke & Danielle de Picciotto, A38 Ship, 20 May
- 18 May 2016 9:10 AM
- entertainment
Bass guitarist and music director of the Einstürzende Neubauten, Alexander Hacke has been performing lately most with his wife the Berlin-located visual and film artist and designer Danielle de Picciotto. Their latest album titled Perseverantia will be released in May, which they will present on their tour that will bring them back to the A38 Ship. One of the greatest masters of contemporary ...
Opposition: Orbán Hungary’s Richest Man With EUR 650m Handled By “Front Men”
- 17 May 2016 9:00 AM
- current affairs
Prime Minister Viktor Orbán is Hungary’s richest man with 205 billion forints (EUR 650m) managed by his “front men”, the opposition Egyutt party told a press conference on Saturday. Citing the party’s own calculations based on a list of the wealthiest 100 Hungarians published recently, co-leader Viktor Szigetvári said just because Orbán has asked family members and fellow politicians to handle ...
Protesters Demand Transparency Of Prime Minister’s Assets
- 30 Mar 2016 9:00 AM
- current affairs
A demonstration was organised by the opposition Együtt (Together) party demanding that Prime Minister Viktor Orbán reveal the sources of his wealth. At the demonstration, held ahead of an auction for state land in Székesfehérvár (W Hungary), Együtt’s deputy leader demanded answers to questions regarding assets associated with Orbán and his family members.
Court Rules For Transfer Of Hungarians Arrested In Prostitution Sting To France
- 24 Mar 2016 8:00 AM
- current affairs
A Budapest court ruled for the pre-trial detention and transfer to French authorities of ten out of the 12 Hungarian nationals suspected of trafficking Hungarian women to work as prostitutes in France. The French authorities put out a European arrest warrant for the 12 men who were taken into custody in Hungary on Monday in a raid coordinated with Hungarian police, the court said in a statement.
Central Bank Foundation To Obtain Historic Várkert Casino For EUR 10.5 M
- 7 Jul 2016 9:00 AM
- property
A foundation of the National Bank of Hungary will purchase the Várkert Casino building on the western waterfront of the Danube in central Budapest for a total of 10.5 million euros, the foundation announced on Wednesday. The Pallas Athene Domus Innovationis Foundation will use the historic building, a World Heritage site, to host scientific conferences, as well as contemporary art exhibitions and ...
Hungary’s Competition Office Clears MNB Foundation’s Real Estate Purchases
- 30 Jun 2016 9:00 AM
- property
The Competition Office of Hungary (GVH) gave the go-ahead for the purchase of four new real estate properties by the National Bank of Hungary’s (MNB) controversial Pallas Athéné foundations (PADA), according to an update on the PADA website yesterday, Hungarian News Agency MTI reported.
Moody’s Upgrades Hungary’s Banking System Outlook To Positive
- 30 Jun 2016 9:00 AM
- business
Ratings agency Moody’s Investors Service upgraded the outlook of Hungary’s banking system to positive, the rating agency said today in a report entitled “Banking System Outlook - Hungary”. Moodyʼs noted, however, that government support for banks in the EU, including Hungary, is less certain under the provisions of the EUʼs Bank Recovery and Resolution Directive.
MNBʼs Foundations Said To Invest In Real Estate
- 17 Jun 2016 8:00 AM
- property
The National Bank of Hungary’s (MNB) controversial Pallas Athéné foundations (PADA) moved some of their endowment from government securities and bank deposits into real estate, according to the head of the investment company that manages the assets of the foundations, Hungarian news agency MTI reported.
MNB: Hungarian Banks See Profits Rise By 209% In Q1
- 27 May 2016 9:00 AM
- business
Combined first-quarter after-tax profit of Hungarian banks rose 209% compared to the same period a year earlier, reaching HUF 191.4 billion, data released by the National Bank of Hungary (MNB) today show, according to Hungarian news agency MTI.
Alexander Hacke & Danielle de Picciotto, A38 Ship, 20 May
- 18 May 2016 9:10 AM
- entertainment
Bass guitarist and music director of the Einstürzende Neubauten, Alexander Hacke has been performing lately most with his wife the Berlin-located visual and film artist and designer Danielle de Picciotto. Their latest album titled Perseverantia will be released in May, which they will present on their tour that will bring them back to the A38 Ship. One of the greatest masters of contemporary ...
Opposition: Orbán Hungary’s Richest Man With EUR 650m Handled By “Front Men”
- 17 May 2016 9:00 AM
- current affairs
Prime Minister Viktor Orbán is Hungary’s richest man with 205 billion forints (EUR 650m) managed by his “front men”, the opposition Egyutt party told a press conference on Saturday. Citing the party’s own calculations based on a list of the wealthiest 100 Hungarians published recently, co-leader Viktor Szigetvári said just because Orbán has asked family members and fellow politicians to handle ...
Protesters Demand Transparency Of Prime Minister’s Assets
- 30 Mar 2016 9:00 AM
- current affairs
A demonstration was organised by the opposition Együtt (Together) party demanding that Prime Minister Viktor Orbán reveal the sources of his wealth. At the demonstration, held ahead of an auction for state land in Székesfehérvár (W Hungary), Együtt’s deputy leader demanded answers to questions regarding assets associated with Orbán and his family members.
Court Rules For Transfer Of Hungarians Arrested In Prostitution Sting To France
- 24 Mar 2016 8:00 AM
- current affairs
A Budapest court ruled for the pre-trial detention and transfer to French authorities of ten out of the 12 Hungarian nationals suspected of trafficking Hungarian women to work as prostitutes in France. The French authorities put out a European arrest warrant for the 12 men who were taken into custody in Hungary on Monday in a raid coordinated with Hungarian police, the court said in a statement.














