16 result(s) for top court in Business
Top Court Says NBH Data Disclosure Amendments Unconstitutional
- 1 Apr 2016 9:00 AM
- business
Hungary’s Constitutional Court has ruled that amendments to the law governing the central bank that give the National Bank of Hungary the legal power to decline public information requests concerning companies that support its activities, or to classify such information with retroactive effect, are unconstitutional. In its ruling the top court noted that the central bank does a public service and ...
Reactions To Quaestor Compensation Law In Hungary
- 18 Nov 2015 8:00 AM
- business
Hungary’s ruling Fidesz party said the Constitutional Court’s decision to axe parts of a law on compensation for investors of failed brokerage Quaestor served the interests of the banking sector, while opposition parties once again called on the government and central bank to take responsibility for the scandal. Tuesday’s Constitutional Court ruling concerns the law governing a top-up fund which ...
Xpat Opinion: Hungarian Media Scene Is Still In Flux
- 6 Aug 2015 8:58 AM
- business
Although the Hungarian government’s only concern of late seems to be how to keep asylum seekers out of the country, I don’t want to succumb to the same tunnel vision. And so today I’m turning to the state of the Hungarian media. So-called public (közszolgálati) television and radio are by now mere mouthpieces of government propaganda. Magyar Rádió is still, by default, the station that most ...
Hungarian Govt Sticks To Special Taxes But Ready To Consider RTL-Owner’s Opinion
- 2 Feb 2015 8:00 AM
- business
Maintaining the system of special sectoral taxes is a key issue for the Hungarian government though it is ready to consider the opinion of the Bertelsmann Group, which owns television channel RTL Klub, the Government Information Centre (KIK) said, confirming that the two held talks in the past weeks.
Budapest Municipal Court Postpones Raiffeisen Ruling To September
- 27 Aug 2014 9:00 AM
- business
The Municipal Court of Budapest has postponed to September 10 its final ruling regarding a lawsuit filed by Raiffeisen Bank against the Hungarian state in connection with conditions for loans made in foreign currency. In its Tuesday decision, the court also turned down Raiffeisen’s request for an appeal to the Constitutional Court and the European Court of Justice.
Xpat Opinion: Banking Services In Hungary: Not A Bad Business Afterall?
- 16 Jan 2014 8:00 AM
- business
In 2010, when the Government introduced crisis taxes on banks, the measures met with surprise and shock. Some predicted that the taxes would provoke banks to completely deleverage and leave Hungary. The reaction did not surprise Government officials, however, who responded that if the financial crisis were to deepen in Hungary it would not be due to banks leaving Hungary but because of the high ...
Hungarian MOL Shareholder Sues CEO Hernádi
- 9 Dec 2013 8:00 AM
- business
MOL’s former top legal advisor has filed a lawsuit against chairman and CEO Zsolt Hernádi, alleging that the value of her MOL shares has suffered because of allegations that Hernádi bribed Croatian officials in order to obtain controlling rights over energy company INA.
Top Court Says NBH Data Disclosure Amendments Unconstitutional
- 1 Apr 2016 9:00 AM
- business
Hungary’s Constitutional Court has ruled that amendments to the law governing the central bank that give the National Bank of Hungary the legal power to decline public information requests concerning companies that support its activities, or to classify such information with retroactive effect, are unconstitutional. In its ruling the top court noted that the central bank does a public service and ...
Reactions To Quaestor Compensation Law In Hungary
- 18 Nov 2015 8:00 AM
- business
Hungary’s ruling Fidesz party said the Constitutional Court’s decision to axe parts of a law on compensation for investors of failed brokerage Quaestor served the interests of the banking sector, while opposition parties once again called on the government and central bank to take responsibility for the scandal. Tuesday’s Constitutional Court ruling concerns the law governing a top-up fund which ...
Xpat Opinion: Hungarian Media Scene Is Still In Flux
- 6 Aug 2015 8:58 AM
- business
Although the Hungarian government’s only concern of late seems to be how to keep asylum seekers out of the country, I don’t want to succumb to the same tunnel vision. And so today I’m turning to the state of the Hungarian media. So-called public (közszolgálati) television and radio are by now mere mouthpieces of government propaganda. Magyar Rádió is still, by default, the station that most ...
Hungarian Govt Sticks To Special Taxes But Ready To Consider RTL-Owner’s Opinion
- 2 Feb 2015 8:00 AM
- business
Maintaining the system of special sectoral taxes is a key issue for the Hungarian government though it is ready to consider the opinion of the Bertelsmann Group, which owns television channel RTL Klub, the Government Information Centre (KIK) said, confirming that the two held talks in the past weeks.
Budapest Municipal Court Postpones Raiffeisen Ruling To September
- 27 Aug 2014 9:00 AM
- business
The Municipal Court of Budapest has postponed to September 10 its final ruling regarding a lawsuit filed by Raiffeisen Bank against the Hungarian state in connection with conditions for loans made in foreign currency. In its Tuesday decision, the court also turned down Raiffeisen’s request for an appeal to the Constitutional Court and the European Court of Justice.
Xpat Opinion: Banking Services In Hungary: Not A Bad Business Afterall?
- 16 Jan 2014 8:00 AM
- business
In 2010, when the Government introduced crisis taxes on banks, the measures met with surprise and shock. Some predicted that the taxes would provoke banks to completely deleverage and leave Hungary. The reaction did not surprise Government officials, however, who responded that if the financial crisis were to deepen in Hungary it would not be due to banks leaving Hungary but because of the high ...
Hungarian MOL Shareholder Sues CEO Hernádi
- 9 Dec 2013 8:00 AM
- business
MOL’s former top legal advisor has filed a lawsuit against chairman and CEO Zsolt Hernádi, alleging that the value of her MOL shares has suffered because of allegations that Hernádi bribed Croatian officials in order to obtain controlling rights over energy company INA.