XpatLoop.com News Headlines RSS Feeds
Specials  |  Classifieds  |  Events  |  Gallery  |  Headlines  |  Information  |  Interviews  |  Movies  |  Singles  |  Weather
 
 Tuesday 02 December 2008
Servicing Xpats since 2000
Expat Life in Budapest, Hungary - News, Events, Movies, Restaurants, Jobs, Schools, Sport, Clubs in the Hungarian Capital
I'm here: Home / Real estate channel / Article

Micora Web Solutions - Professional Web Development Services
Powers XpatLoop.com
Real estate channel

To discuss sponsorship opportunities, please click here.

• Architecture Firms
more »
• Estate Agents
more »
• Garden Centers
more »
• Garden Furniture
more »
• Handyman Services
more »
• Interior Decoration
more »
• Interior Design
more »
• Landscape Gardeners
more »
• Mortgages
more »
• Pool Maintenance
more »
• Utility Services
more »

Government Quarter Project In Profit

Government Quarter Project In Profit
"The now-abandoned government quarter project will pay for itself because the value of the real estate purchased has appreciated, according to a Finance Ministry study prepared for the cabinet.


The total cost of the project was Ft 9.447 billion and the value of the real estate acquired is now Ft 9.457 billion, the study said. The market value of the real estate has risen by Ft 1 billion since the purchase, covering all additional costs.

“The cabinet takes ordinary people for fools,” Fidesz deputy spokesman András Cser-Palkovics said in response. This case clearly proves that a parliamentary investigative commission needs to be established where no-one can avoid the obligation to give a realistic account, he added."

Source: Hungary Around the Clock.

This news item is one of many published daily by HATC, a premier subscription news service which distributes English-language info about Hungary via email or fax. For a free trial of HATC follow this link and click on 'Free Trial Subscription'.


29.07.2008

 
 

Readers rating



0