122 result(s) for fidesz in Business
Opposition Slams Central Bank For Deals With Offshore Businesses
- 30 May 2016 9:00 AM
- business
The central bank and its foundations are doing business with offshore companies including property purchases and the bank has become a “five-star hotel for offshore knights”, the green opposition LMP said on Saturday. LMP has proposed in parliament that the central bank should transfer its profits to the central budget but the ruling majority has rejected this, deputy group leader Erzsébet ...
New Wave Media To Acquire Hungarian Business Weekly Figyelő
- 25 Apr 2016 9:00 AM
- business
New Wave Media, publisher of daily online vs.hu, is set to purchase the business weekly Figyelő, reports 444.hu. The purchase would mark the latest in a string of acquisitions by New Wave Media, the media holding company owned by Tamás Szemerey, a cousin of longtime Fidesz member and current National Bank governor György Matolcsy.
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 ...
Budapest Budget Plans Approved
- 18 Feb 2016 8:00 AM
- business
The Budapest assembly passed the budget proposed by the municipality leadership. The budget plans for revenue of 228.86 billion forints (EUR 738m) and spending of 313.5 billion with a shortfall of 85.4 billion. Gábor Bagdy, deputy mayor in change of finances, said the municipality is managing the finances in straitened times but the budget will provide the capital required for the city’s ...
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.
More Than 50,000 Jobs Added In Hungary
- 5 Jan 2016 3:00 AM
- business
Commenting on the jobs data, ING Bank chief analyst András Balatoni said the more than 50,000 jobs added on the primary labour market showed the spill-over effect of economic growth. Takarékbank analyst Gergely Suppan said the latest gauges of business confidence suggest employment could rise further in future. Erste analyst Gergely Ürmössy said the unemployment rate is better than earlier ...
Jobbik Demands Release Of Loan Contracts For Hungary’s TV2 Purchase
- 29 Dec 2015 8:00 AM
- business
The radical nationalist Jobbik party has demanded the public release of loan contracts state banks signed with government commissioner Andrew G Vajna’s company in connection with his bid to buy the TV2 media group.Lawmaker Előd Novák noted that press reports have said that apart from Eximbank’s 6.7 billion forint (EUR 21.3m) loan transferred to Vajna’s company, stateowned MKB had also lent ...
Kósa: Telekom Cancellation Of Hungarian Singer’s Sponsorship Deal Reminiscent Of Communist Era
- 21 Dec 2015 8:00 AM
- business
Magyar Telekom’s decision to cancel a sponsorship agreement with Hungarian pop singer Ákos Kovács over his comments on the role of women in society is reminiscent of the cultural policy of Communist Hungary, the ruling Fidesz party’s parliamentary group leader said. “Comrade [György] Aczél walks among us,” Lajos Kósa said, referring to the prominent culture minister of the Communist era.
Xpat Opinion: Government Cancels Its Telekom Contracts
- 21 Dec 2015 8:00 AM
- business
Left-wing commentators are outraged by the government’s decision to order ministries to terminate their mobile internet subscriptions with Telekom Hungary after the mainly German owned IT and telecommunication company scrapped its sponsorship contract with a singer whose statements on women “conflicted with the company’s values.”
Opposition Slams Central Bank For Deals With Offshore Businesses
- 30 May 2016 9:00 AM
- business
The central bank and its foundations are doing business with offshore companies including property purchases and the bank has become a “five-star hotel for offshore knights”, the green opposition LMP said on Saturday. LMP has proposed in parliament that the central bank should transfer its profits to the central budget but the ruling majority has rejected this, deputy group leader Erzsébet ...
New Wave Media To Acquire Hungarian Business Weekly Figyelő
- 25 Apr 2016 9:00 AM
- business
New Wave Media, publisher of daily online vs.hu, is set to purchase the business weekly Figyelő, reports 444.hu. The purchase would mark the latest in a string of acquisitions by New Wave Media, the media holding company owned by Tamás Szemerey, a cousin of longtime Fidesz member and current National Bank governor György Matolcsy.
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 ...
Budapest Budget Plans Approved
- 18 Feb 2016 8:00 AM
- business
The Budapest assembly passed the budget proposed by the municipality leadership. The budget plans for revenue of 228.86 billion forints (EUR 738m) and spending of 313.5 billion with a shortfall of 85.4 billion. Gábor Bagdy, deputy mayor in change of finances, said the municipality is managing the finances in straitened times but the budget will provide the capital required for the city’s ...
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.
More Than 50,000 Jobs Added In Hungary
- 5 Jan 2016 3:00 AM
- business
Commenting on the jobs data, ING Bank chief analyst András Balatoni said the more than 50,000 jobs added on the primary labour market showed the spill-over effect of economic growth. Takarékbank analyst Gergely Suppan said the latest gauges of business confidence suggest employment could rise further in future. Erste analyst Gergely Ürmössy said the unemployment rate is better than earlier ...
Jobbik Demands Release Of Loan Contracts For Hungary’s TV2 Purchase
- 29 Dec 2015 8:00 AM
- business
The radical nationalist Jobbik party has demanded the public release of loan contracts state banks signed with government commissioner Andrew G Vajna’s company in connection with his bid to buy the TV2 media group.Lawmaker Előd Novák noted that press reports have said that apart from Eximbank’s 6.7 billion forint (EUR 21.3m) loan transferred to Vajna’s company, stateowned MKB had also lent ...
Kósa: Telekom Cancellation Of Hungarian Singer’s Sponsorship Deal Reminiscent Of Communist Era
- 21 Dec 2015 8:00 AM
- business
Magyar Telekom’s decision to cancel a sponsorship agreement with Hungarian pop singer Ákos Kovács over his comments on the role of women in society is reminiscent of the cultural policy of Communist Hungary, the ruling Fidesz party’s parliamentary group leader said. “Comrade [György] Aczél walks among us,” Lajos Kósa said, referring to the prominent culture minister of the Communist era.
Xpat Opinion: Government Cancels Its Telekom Contracts
- 21 Dec 2015 8:00 AM
- business
Left-wing commentators are outraged by the government’s decision to order ministries to terminate their mobile internet subscriptions with Telekom Hungary after the mainly German owned IT and telecommunication company scrapped its sponsorship contract with a singer whose statements on women “conflicted with the company’s values.”