137 result(s) for state bonds
Residency Bond Sales Booming
- 10 May 2016 9:00 AM
- current affairs
Foreign citizens bought 119 residency bonds in April, up from 4 in January, 26 in February and 58 in March, the state debt manager ÁKK announced, pointing out the upward jump. In the first four months 207 residency bonds were sold, down from 241 in the same period of last year. A total of 3,565 residency bonds have been sold since they were introduced in 2013.
Opposition Calls On Orbán To Dismiss Matolcsy Over Financial Skullduggery
- 5 May 2016 9:00 AM
- current affairs
The opposition Liberals and the leftist Democratic Coalition (DK) party called for the resignation of central bank governor György Matolcsy over recent financing matters surrounding the central bank. The Liberals urged opposition parties to join a legal proposal calling on the prime minister to dismiss Matolcsy over “a breach of the rule of avoiding monetary financing”.
Xpat Opinion: National Bank President Still Under Fire
- 29 Apr 2016 9:00 AM
- current affairs
As the debate over the management of the funds of the National Bank (MNB) rolls on, passionate articles abound both in condemnation and in defence of its President.
Opposition Parties Press For Measures Against Offshore Business
- 5 Apr 2016 9:00 AM
- current affairs
Hungarian opposition parties have urged the government to take measures in light of the international offshore scandal dubbed “Panama Papers”. The radical nationalist Jobbik party insisted that lawmakers with ties to offshore companies should be stripped of their mandates. MPs should sign affidavits that they have no ties with offshore companies, Jobbik lawmaker György Szilágyi said.
Fewer Hungarians Open Baby Bond Accounts
- 8 Feb 2016 2:00 AM
- business
The number of Start accounts necessary to become eligible for “baby bonds” opened by Hungarians dropped to about 23,000 last year from 37,200 in 2014, business daily Világgazdaság said In January of this year, Start accounts were opened for just 2,021 of the 7,362 newborn Hungarians.
Budapest Promenade Named After Former US Congressman Lantos
- 2 Feb 2016 8:00 AM
- getting around
A promenade was named after Hungarian-born former US Congressman Tom Lantos in Budapest on Monday in a ceremony marking the politician’s birthday. The promenade named after Lantos connects Viza and Révész streets. Addressing the event in the 13th district where Lantos used to live, US Ambassador Colleen Bell said Lantos had done much to benefit Hungary and had been proud of being Hungarian.
Hungary To Refinance FX Debt Mainly With Forint Issues
- 30 Jan 2016 8:00 AM
- property
Hungary will refinance its maturing FX debt mainly with forint issues, but will also issue FX debt if necessary, the head of the Government Debt Management Agency (ÁKK) told journalists. György Barcza noted that the ÁKK’s issue plan for this year includes 1 billion euros in FX bonds to be subscribed by international investors.
Brokers Pocket HUF 74 Billion Selling Hungarian Settlement Bonds
- 21 Jan 2016 10:35 AM
- business
1145 foreigners were granted residency permits in Hungary in 2015 after purchasing settlement bonds. Magyar Nemzet reports that offshore companies brokering the sale of the bonds have made between HUF 74 billion (USD 255 million) and HUF 95 billion (USD 328 million) since the program was launched three years ago.
Quaestor Brokerage Scandal Victims Protest At Parliament
- 3 Nov 2015 8:00 AM
- current affairs
Around one hundred people, including several opposition politicians, demanded compensation for victims of the Quaestor brokerage scandal near parliament. Deputy leader of the opposition Együtt party Levente Pápa said lawmakers will decide on Tuesday whether to guarantee cash compensation by the state in the law compensating investors of failed brokerage Quaestor, giving Hungarians who lost their ...
Residency Bond Sales Booming
- 10 May 2016 9:00 AM
- current affairs
Foreign citizens bought 119 residency bonds in April, up from 4 in January, 26 in February and 58 in March, the state debt manager ÁKK announced, pointing out the upward jump. In the first four months 207 residency bonds were sold, down from 241 in the same period of last year. A total of 3,565 residency bonds have been sold since they were introduced in 2013.
Opposition Calls On Orbán To Dismiss Matolcsy Over Financial Skullduggery
- 5 May 2016 9:00 AM
- current affairs
The opposition Liberals and the leftist Democratic Coalition (DK) party called for the resignation of central bank governor György Matolcsy over recent financing matters surrounding the central bank. The Liberals urged opposition parties to join a legal proposal calling on the prime minister to dismiss Matolcsy over “a breach of the rule of avoiding monetary financing”.
Xpat Opinion: National Bank President Still Under Fire
- 29 Apr 2016 9:00 AM
- current affairs
As the debate over the management of the funds of the National Bank (MNB) rolls on, passionate articles abound both in condemnation and in defence of its President.
Opposition Parties Press For Measures Against Offshore Business
- 5 Apr 2016 9:00 AM
- current affairs
Hungarian opposition parties have urged the government to take measures in light of the international offshore scandal dubbed “Panama Papers”. The radical nationalist Jobbik party insisted that lawmakers with ties to offshore companies should be stripped of their mandates. MPs should sign affidavits that they have no ties with offshore companies, Jobbik lawmaker György Szilágyi said.
Fewer Hungarians Open Baby Bond Accounts
- 8 Feb 2016 2:00 AM
- business
The number of Start accounts necessary to become eligible for “baby bonds” opened by Hungarians dropped to about 23,000 last year from 37,200 in 2014, business daily Világgazdaság said In January of this year, Start accounts were opened for just 2,021 of the 7,362 newborn Hungarians.
Budapest Promenade Named After Former US Congressman Lantos
- 2 Feb 2016 8:00 AM
- getting around
A promenade was named after Hungarian-born former US Congressman Tom Lantos in Budapest on Monday in a ceremony marking the politician’s birthday. The promenade named after Lantos connects Viza and Révész streets. Addressing the event in the 13th district where Lantos used to live, US Ambassador Colleen Bell said Lantos had done much to benefit Hungary and had been proud of being Hungarian.
Hungary To Refinance FX Debt Mainly With Forint Issues
- 30 Jan 2016 8:00 AM
- property
Hungary will refinance its maturing FX debt mainly with forint issues, but will also issue FX debt if necessary, the head of the Government Debt Management Agency (ÁKK) told journalists. György Barcza noted that the ÁKK’s issue plan for this year includes 1 billion euros in FX bonds to be subscribed by international investors.
Brokers Pocket HUF 74 Billion Selling Hungarian Settlement Bonds
- 21 Jan 2016 10:35 AM
- business
1145 foreigners were granted residency permits in Hungary in 2015 after purchasing settlement bonds. Magyar Nemzet reports that offshore companies brokering the sale of the bonds have made between HUF 74 billion (USD 255 million) and HUF 95 billion (USD 328 million) since the program was launched three years ago.
Quaestor Brokerage Scandal Victims Protest At Parliament
- 3 Nov 2015 8:00 AM
- current affairs
Around one hundred people, including several opposition politicians, demanded compensation for victims of the Quaestor brokerage scandal near parliament. Deputy leader of the opposition Együtt party Levente Pápa said lawmakers will decide on Tuesday whether to guarantee cash compensation by the state in the law compensating investors of failed brokerage Quaestor, giving Hungarians who lost their ...