195 result(s) for viktor orbán in Business
Orbán: Hungary Experiencing Economic Boom
- 25 Apr 2016 9:00 AM
- business
Hungary is experiencing a time of economic prosperity and will take another step forward in 2017, Prime Minister Viktor Orbán told public Kossuth Radio. Speaking about next year’s budget, the prime minister said wages are continuously growing while unemployment is decreasing, something that Hungary “achieved without loans”.
Orbán: Repayment Of IMF-EU Loan ‘Unprecedented Achievement’
- 8 Apr 2016 9:00 AM
- business
The repayment of an IMF-EU loan by Hungary is an “unprecedented achievement” in the current global economic environment which “would not have been possible without friends, such as the Organisation for Economic Co-operation and Development (OECD),” Prime Minister Viktor Orbán said in Paris. Orbán held talks with OECD Secretary-General Ángel Gurría and addressed the organisation’s council session.
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.
US Ambassador: Economic Ties With Hungary Strong
- 21 Jan 2016 8:00 AM
- business
Economic ties between Hungary and the United States are strong, but “can significantly improve if we remove impediments and disincentives to doing business,” the US ambassador said, addressing an event hosted by the American Chamber of Commerce (AmCham).
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 ...
Xpat Opinion: Laughable Hungarian Legislation Is Not Funny
- 16 Dec 2015 8:00 AM
- business
By Tom Popper, Managing Editor, Budapest Business Journal: The appearance of corruption has long been a problem for this government, but in the first week of December, officials were so blatant in their efforts to circumvent scrutiny that it was almost humorous. In truth, the way these maneuvers destroy trust in our leadership is not very funny.
Will The Real Owner Of Hungary’s TV2 Please Stand Up?
- 17 Oct 2015 4:00 AM
- business
The story of the reported sale of Hungary’s second-largest commercial television station to Hollywood producer and Hungarian casino owner/operator Andy Vajna has just taken a turn for the bizarre. Or rather two turns.
Hungarian Company Közgép Slashes Workforce In Half
- 14 Oct 2015 9:00 AM
- business
Construction group Közgép yesterday announced that it will lay-off 350 employees, half of its staff, due to a plunge in new orders. The job losses will affect 283 administrative positions and 67 blue-collar jobs. Companies owned by Lajos Simicska have been hit hard by the loss of state orders since relations between the former financier of the Fidesz party and Prime Minister Viktor Orbán turned ...
Orbán: Hungary Experiencing Economic Boom
- 25 Apr 2016 9:00 AM
- business
Hungary is experiencing a time of economic prosperity and will take another step forward in 2017, Prime Minister Viktor Orbán told public Kossuth Radio. Speaking about next year’s budget, the prime minister said wages are continuously growing while unemployment is decreasing, something that Hungary “achieved without loans”.
Orbán: Repayment Of IMF-EU Loan ‘Unprecedented Achievement’
- 8 Apr 2016 9:00 AM
- business
The repayment of an IMF-EU loan by Hungary is an “unprecedented achievement” in the current global economic environment which “would not have been possible without friends, such as the Organisation for Economic Co-operation and Development (OECD),” Prime Minister Viktor Orbán said in Paris. Orbán held talks with OECD Secretary-General Ángel Gurría and addressed the organisation’s council session.
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.
US Ambassador: Economic Ties With Hungary Strong
- 21 Jan 2016 8:00 AM
- business
Economic ties between Hungary and the United States are strong, but “can significantly improve if we remove impediments and disincentives to doing business,” the US ambassador said, addressing an event hosted by the American Chamber of Commerce (AmCham).
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 ...
Xpat Opinion: Laughable Hungarian Legislation Is Not Funny
- 16 Dec 2015 8:00 AM
- business
By Tom Popper, Managing Editor, Budapest Business Journal: The appearance of corruption has long been a problem for this government, but in the first week of December, officials were so blatant in their efforts to circumvent scrutiny that it was almost humorous. In truth, the way these maneuvers destroy trust in our leadership is not very funny.
Will The Real Owner Of Hungary’s TV2 Please Stand Up?
- 17 Oct 2015 4:00 AM
- business
The story of the reported sale of Hungary’s second-largest commercial television station to Hollywood producer and Hungarian casino owner/operator Andy Vajna has just taken a turn for the bizarre. Or rather two turns.
Hungarian Company Közgép Slashes Workforce In Half
- 14 Oct 2015 9:00 AM
- business
Construction group Közgép yesterday announced that it will lay-off 350 employees, half of its staff, due to a plunge in new orders. The job losses will affect 283 administrative positions and 67 blue-collar jobs. Companies owned by Lajos Simicska have been hit hard by the loss of state orders since relations between the former financier of the Fidesz party and Prime Minister Viktor Orbán turned ...