230 result(s) for bankrupt
Over 100,000 Hungarian Stuck With FX Loans
- 8 May 2015 9:00 AM
- business
An estimated 182,000 foreign-currency debtors can not pay back their loans, of whom 100,000 are not helped by the conversion of foreign-currency mortgage loans or other state assistance, MNB deputy governor Ádám Balog announced at a Thursday conference.
Government To Wind Up Toxic Waste Dump Site In Budapest’s 9th District
- 8 May 2015 9:00 AM
- current affairs
Pest county prefect Richárd Tornai told InfoRadio on Monday that the government would remove some 17o tons of toxic waste illegally stored in unsafe conditions in Budapest’s 9th District by the end of May. The remaining 2500 tons of waste are to be removed in the weeks and months to follow. On April 9th Hungarian news site 444.hu broke the story that hundreds of barrels of toxic waste were being ...
Hungarian Party LMP Presses Ministry To Release List Of Diplomatic Passports
- 27 Apr 2015 10:00 AM
- current affairs
The opposition LMP party is filing a lawsuit in a bid to force the foreign ministry to reveal a list of diplomatic passport-holders over the past five years. Bernadett Szél, LMP’s coleader, noted in a statement on Friday that Csaba Tarsoly, the owner of bankrupted brokerage firm Quaestor now under arrest on suspicion of fraud, had made several trips around the world using a diplomatic passport ...
Hungary’s State-Owned Hospitals Haven’t Paid Suppliers For 4 Months
- 21 Apr 2015 9:00 AM
- health & wellness
Mounting arrears to suppliers on the part of state-owned hospitals has left at least one service provider little choice but to shut down all laboratory services except those critical to saving life. Another company is seriously disappointed politically in the Fidesz government’s neglect of Hungary’s public health care system despite promising to introduce important reforms in 2010.
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.
Govt Promises Free Meals For Poorer Kids In Hungary
- 10 Apr 2015 9:00 AM
- current affairs
Hungary’s crèches and kindergartens will offer poorer children three meals a day free of charge from September on, János Lázár, the cabinet chief, said. Some 320,000 children will be eligible for the free meals while welloff parents will still be charged for their children’s meals. On another subject, Lázár said that the government’s job protection scheme will be extended to farm workers in the ...
Hungarian Gov’t Throws Lifeline To Brokerage Victims
- 10 Apr 2015 9:00 AM
- business
The government will provide Ft 2 billion in the coming days to 84 local governments that lost money in the Buda-Cash brokerage scandal to help them pay for salaries and welfare transfers, PMO Minister János Lázár announced yesterday.
Video: Hungarian Government Denies Insider Trading
- 8 Apr 2015 9:00 AM
- business
Hungary's government denied insider trading after opposition members questioned a foreign ministry decision to withdraw state funds from a brokerage that filed for bankruptcy a few days later.
New Documents Reveal How Hungary’s Malév Went Bankrupt
- 3 Apr 2015 9:00 AM
- travel
A new Hungarian airline company under the name of Veritas should have been operational ten months before the Malév bankruptcy. However, this did not happen as state investors intentionally delayed the star while Malév was consuming an enormous amount of state funds recently published inside documents reveal about the 2012 Malév-case.
Over 100,000 Hungarian Stuck With FX Loans
- 8 May 2015 9:00 AM
- business
An estimated 182,000 foreign-currency debtors can not pay back their loans, of whom 100,000 are not helped by the conversion of foreign-currency mortgage loans or other state assistance, MNB deputy governor Ádám Balog announced at a Thursday conference.
Government To Wind Up Toxic Waste Dump Site In Budapest’s 9th District
- 8 May 2015 9:00 AM
- current affairs
Pest county prefect Richárd Tornai told InfoRadio on Monday that the government would remove some 17o tons of toxic waste illegally stored in unsafe conditions in Budapest’s 9th District by the end of May. The remaining 2500 tons of waste are to be removed in the weeks and months to follow. On April 9th Hungarian news site 444.hu broke the story that hundreds of barrels of toxic waste were being ...
Hungarian Party LMP Presses Ministry To Release List Of Diplomatic Passports
- 27 Apr 2015 10:00 AM
- current affairs
The opposition LMP party is filing a lawsuit in a bid to force the foreign ministry to reveal a list of diplomatic passport-holders over the past five years. Bernadett Szél, LMP’s coleader, noted in a statement on Friday that Csaba Tarsoly, the owner of bankrupted brokerage firm Quaestor now under arrest on suspicion of fraud, had made several trips around the world using a diplomatic passport ...
Hungary’s State-Owned Hospitals Haven’t Paid Suppliers For 4 Months
- 21 Apr 2015 9:00 AM
- health & wellness
Mounting arrears to suppliers on the part of state-owned hospitals has left at least one service provider little choice but to shut down all laboratory services except those critical to saving life. Another company is seriously disappointed politically in the Fidesz government’s neglect of Hungary’s public health care system despite promising to introduce important reforms in 2010.
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.
Govt Promises Free Meals For Poorer Kids In Hungary
- 10 Apr 2015 9:00 AM
- current affairs
Hungary’s crèches and kindergartens will offer poorer children three meals a day free of charge from September on, János Lázár, the cabinet chief, said. Some 320,000 children will be eligible for the free meals while welloff parents will still be charged for their children’s meals. On another subject, Lázár said that the government’s job protection scheme will be extended to farm workers in the ...
Hungarian Gov’t Throws Lifeline To Brokerage Victims
- 10 Apr 2015 9:00 AM
- business
The government will provide Ft 2 billion in the coming days to 84 local governments that lost money in the Buda-Cash brokerage scandal to help them pay for salaries and welfare transfers, PMO Minister János Lázár announced yesterday.
Video: Hungarian Government Denies Insider Trading
- 8 Apr 2015 9:00 AM
- business
Hungary's government denied insider trading after opposition members questioned a foreign ministry decision to withdraw state funds from a brokerage that filed for bankruptcy a few days later.
New Documents Reveal How Hungary’s Malév Went Bankrupt
- 3 Apr 2015 9:00 AM
- travel
A new Hungarian airline company under the name of Veritas should have been operational ten months before the Malév bankruptcy. However, this did not happen as state investors intentionally delayed the star while Malév was consuming an enormous amount of state funds recently published inside documents reveal about the 2012 Malév-case.