140 result(s) for fina in Property
Hungarian National Bank Buys Buda Castle Villa For Ft3bn
- 10 Dec 2014 8:00 AM
- property
The MNB has bought the Hatvany villa in the Buda Castle district for Ft 3.4 billion, and spent an additional Ft 1.9 billion on purchasing an adjacent building from the Academy of Sciences. These buildings will host an event and training centre and the MNB’s Ph.D. program will be located there, the central bank said.
Hungarian National Bank Earmarks €3bn To Phase Out Forex Loans
- 26 Sep 2014 9:00 AM
- property
The National Bank will make €3 billion available from its foreign-currency reserves to help banks to compensate foreign-currency borrowers and to convert such loans to forint loans in the future, CEO Márton Nagy announced yesterday.
No Evictions Before Decision On FX Debtors Passed In Hungary
- 13 May 2014 9:00 AM
- property
Troubled forex mortgage holders will not be evicted from their homes before parliament passes its final decision to settle related issues, Gergely Gulyás, head of the assembly’s legislative committee, said on Monday.
Luxembourg Rules FX Loan Ball Is In Hungarian Court
- 29 Apr 2014 9:00 AM
- property
The European Court of Justice has ruled that it is up to Hungary’s top court to decide in the case of a private individual who sued their bank over her contract for a mortgage denominated in foreign currency, Magyar Nemzet daily says. It ruled in the case of Sebestyén versus Raiffeisen Bank, which follows a similar landmark case launched by the Kásler couple.
Xpat Opinion: Hungary's Parliament To Rewrite FX Loan Contracts
- 24 Mar 2014 8:00 AM
- property
In their commentaries on the Constitutional Court’s verdict on forex loans, analysts from across the political spectrum agree that it is the government’s responsibility to help indebted families. It is, however, unclear how loans denominated in foreign currencies could be converted into Forint credits without severe economic consequences.
New Prestige Office Building Opens In Budapest
- 19 Mar 2014 8:00 AM
- property
The premium category Eiffel Palace office building has opened in Budapest’s Fifth District, near the Nyugati train station. Horizon Development invested €30 million in the renovation and reconstruction, with more than half of the financing provided by UniCredit bank.
Lawmakers Can Modify Forex Loan Contracts, Hungary’s Constitutional Court Rules
- 18 Mar 2014 8:00 AM
- property
Existing contracts for foreign-currency mortgages may be modified by legislation, Hungary’s Constitutional Court ruled. Its decision came after the government asked the court to weigh the constitutionality of several conditions in the forex loan contracts. Among the government’s concerns was that borrowers had not been warned of the risks that a falling exchange rate would have on their monthly ...
Xpat Opinion: Hungary's Kúria Rules Forex Based Mortgage Loans Valid
- 20 Dec 2013 8:00 AM
- property
A pro-government daily accuses the top court of siding with banks, avoiding relevant questions and undermining public faith in the courts, while the leading opposition daily says the story is far from over and suspects that this resolution is exactly what the government hoped for.
Updated: Budapest’s Whale (Bálna) Building To Open In November
- 17 Oct 2013 10:30 AM
- property
The 'whale' that prominently rests on the side of Pest's riverbank, between the Petőfi and Szabadság bridges - the structure that used to be referred to as the CET building - seems to be reaching calm waters now. After years of dispute over the fate of this giant structure, the obstacles to it fully operating have finally gone, and it's ready to open up at the end of this month.
Hungarian National Bank Buys Buda Castle Villa For Ft3bn
- 10 Dec 2014 8:00 AM
- property
The MNB has bought the Hatvany villa in the Buda Castle district for Ft 3.4 billion, and spent an additional Ft 1.9 billion on purchasing an adjacent building from the Academy of Sciences. These buildings will host an event and training centre and the MNB’s Ph.D. program will be located there, the central bank said.
Hungarian National Bank Earmarks €3bn To Phase Out Forex Loans
- 26 Sep 2014 9:00 AM
- property
The National Bank will make €3 billion available from its foreign-currency reserves to help banks to compensate foreign-currency borrowers and to convert such loans to forint loans in the future, CEO Márton Nagy announced yesterday.
No Evictions Before Decision On FX Debtors Passed In Hungary
- 13 May 2014 9:00 AM
- property
Troubled forex mortgage holders will not be evicted from their homes before parliament passes its final decision to settle related issues, Gergely Gulyás, head of the assembly’s legislative committee, said on Monday.
Luxembourg Rules FX Loan Ball Is In Hungarian Court
- 29 Apr 2014 9:00 AM
- property
The European Court of Justice has ruled that it is up to Hungary’s top court to decide in the case of a private individual who sued their bank over her contract for a mortgage denominated in foreign currency, Magyar Nemzet daily says. It ruled in the case of Sebestyén versus Raiffeisen Bank, which follows a similar landmark case launched by the Kásler couple.
Xpat Opinion: Hungary's Parliament To Rewrite FX Loan Contracts
- 24 Mar 2014 8:00 AM
- property
In their commentaries on the Constitutional Court’s verdict on forex loans, analysts from across the political spectrum agree that it is the government’s responsibility to help indebted families. It is, however, unclear how loans denominated in foreign currencies could be converted into Forint credits without severe economic consequences.
New Prestige Office Building Opens In Budapest
- 19 Mar 2014 8:00 AM
- property
The premium category Eiffel Palace office building has opened in Budapest’s Fifth District, near the Nyugati train station. Horizon Development invested €30 million in the renovation and reconstruction, with more than half of the financing provided by UniCredit bank.
Lawmakers Can Modify Forex Loan Contracts, Hungary’s Constitutional Court Rules
- 18 Mar 2014 8:00 AM
- property
Existing contracts for foreign-currency mortgages may be modified by legislation, Hungary’s Constitutional Court ruled. Its decision came after the government asked the court to weigh the constitutionality of several conditions in the forex loan contracts. Among the government’s concerns was that borrowers had not been warned of the risks that a falling exchange rate would have on their monthly ...
Xpat Opinion: Hungary's Kúria Rules Forex Based Mortgage Loans Valid
- 20 Dec 2013 8:00 AM
- property
A pro-government daily accuses the top court of siding with banks, avoiding relevant questions and undermining public faith in the courts, while the leading opposition daily says the story is far from over and suspects that this resolution is exactly what the government hoped for.
Updated: Budapest’s Whale (Bálna) Building To Open In November
- 17 Oct 2013 10:30 AM
- property
The 'whale' that prominently rests on the side of Pest's riverbank, between the Petőfi and Szabadság bridges - the structure that used to be referred to as the CET building - seems to be reaching calm waters now. After years of dispute over the fate of this giant structure, the obstacles to it fully operating have finally gone, and it's ready to open up at the end of this month.