46 result(s) for bkv in Current Affairs
Hagyo Indicted As Budapest Transport Company “Mafia Boss”
- 21 Jun 2012 9:00 AM
- current affairs
Former Socialist deputy mayor Miklos Hagyo and Erno Mesterhazy, one-time senior adviser to former mayor Gabor Demszky, used Budapest public transport company BKV for their own goals as “mafia bosses,” under the indictment read out at their trial at Kecskemet Court last week.
Budapest Transport Company's Chief Executive Resigns
- 13 Feb 2012 8:04 AM
- current affairs
"BKV CEO Gyula Várszegi resigned on Friday with immediate effect, apparently over up to Ft 100 million bonuses paid to BKV staff last week. If such bonuses were paid, the public transport company’s leaders did not inform the city leadership, said Dávid Vitézy, head of the Budapest Transport Centre.
Rogán: Budapest Must Cut Spending
- 3 Feb 2012 8:00 AM
- current affairs
"Budapest should tighten its belt if it is to bail out the public transport company BKV, Fifth District mayor Antal Rogán said in a statement issued on Thursday. Rogán, a Fidesz MP, said Budapest did not provide one forint of operational support to the transport company in 2010 and 2011, while the government gave it over Ft 140 billion in subsidies.
Police Looking Into Budapest Transport Company's Contracts
- 31 Jan 2012 8:00 AM
- current affairs
"Police raided BKV headquarters on Monday evening looking for documents related to former leaders of the Budapest public transport company it was announced. Detectives are investigating six contracts related to former CEO Istvan Kocsis, his former deputy Ferenc Olti and two other former senior BKV officials.
Budapest City Council Extends Ft 15bn To BKV
- 31 Jan 2012 8:00 AM
- current affairs
"Budapest city council on Wednesday voted to extend a Ft 9 billion loan to public transport company BKV with a repayment deadline of April 30. A Ft 9 billion loan to the BKV from MKB bank was due last Friday.
Charges Pressed In Budapest Public Transport BKV Scandal
- 17 Jan 2012 8:00 AM
- current affairs
"The Central Investigative Prosecutors Office on Wednesday filed charges against Socialist former deputy mayor Miklos Hagyo and 14 associates, alleging misuse of funds at Budapest public transport company BKV. The indictment states that Hagyo founded and ran a criminal organisation involving top and medium-level BKV executives which cost the BKV Ft 1.5 billion from January 2007 to August 2008.
Budapest Mayor Tarlos: Show Me The Money, Matolcsy
- 7 Dec 2010 12:00 AM
- current affairs
"Budapest mayor Istvan Tarlos communicated his incredulity to Economy Minister Gyorgy Matolcsy as to why Budapest transport company BKV has still not received its Ft 12.5 billion state subsidy, on an MTV talk show last week.
Hungarian Gov’t To Tax Severance Pay Since 2005
- 10 Nov 2010 12:00 AM
- current affairs
"The government will make the 98% tax on severance pay above a certain sum retroactive to 2005, under a proposal put forward yesterday by caucus leader János Lázár. The Constitutional Court struck down the 98% tax last month, in part because it had retroactive effect to the beginning of 2010.
New Mayor Tarlos: Budapest Will Need State Assistance
- 19 Oct 2010 2:00 AM
- current affairs
"Budapest's lack of funds and debts appear to be unmanageable without state help, newly elected mayor Istvan Tarlos told reporters last week. Certain duties will have to be transferred to the state, he said, adding that he will meet Prime Minister Viktor Orban soon. Budapest's day-to-day finances are not in danger, but the fiscal situation is worrisome, and next year's budget is in doubt, he ...
Hagyo Indicted As Budapest Transport Company “Mafia Boss”
- 21 Jun 2012 9:00 AM
- current affairs
Former Socialist deputy mayor Miklos Hagyo and Erno Mesterhazy, one-time senior adviser to former mayor Gabor Demszky, used Budapest public transport company BKV for their own goals as “mafia bosses,” under the indictment read out at their trial at Kecskemet Court last week.
Budapest Transport Company's Chief Executive Resigns
- 13 Feb 2012 8:04 AM
- current affairs
"BKV CEO Gyula Várszegi resigned on Friday with immediate effect, apparently over up to Ft 100 million bonuses paid to BKV staff last week. If such bonuses were paid, the public transport company’s leaders did not inform the city leadership, said Dávid Vitézy, head of the Budapest Transport Centre.
Rogán: Budapest Must Cut Spending
- 3 Feb 2012 8:00 AM
- current affairs
"Budapest should tighten its belt if it is to bail out the public transport company BKV, Fifth District mayor Antal Rogán said in a statement issued on Thursday. Rogán, a Fidesz MP, said Budapest did not provide one forint of operational support to the transport company in 2010 and 2011, while the government gave it over Ft 140 billion in subsidies.
Police Looking Into Budapest Transport Company's Contracts
- 31 Jan 2012 8:00 AM
- current affairs
"Police raided BKV headquarters on Monday evening looking for documents related to former leaders of the Budapest public transport company it was announced. Detectives are investigating six contracts related to former CEO Istvan Kocsis, his former deputy Ferenc Olti and two other former senior BKV officials.
Budapest City Council Extends Ft 15bn To BKV
- 31 Jan 2012 8:00 AM
- current affairs
"Budapest city council on Wednesday voted to extend a Ft 9 billion loan to public transport company BKV with a repayment deadline of April 30. A Ft 9 billion loan to the BKV from MKB bank was due last Friday.
Charges Pressed In Budapest Public Transport BKV Scandal
- 17 Jan 2012 8:00 AM
- current affairs
"The Central Investigative Prosecutors Office on Wednesday filed charges against Socialist former deputy mayor Miklos Hagyo and 14 associates, alleging misuse of funds at Budapest public transport company BKV. The indictment states that Hagyo founded and ran a criminal organisation involving top and medium-level BKV executives which cost the BKV Ft 1.5 billion from January 2007 to August 2008.
Budapest Mayor Tarlos: Show Me The Money, Matolcsy
- 7 Dec 2010 12:00 AM
- current affairs
"Budapest mayor Istvan Tarlos communicated his incredulity to Economy Minister Gyorgy Matolcsy as to why Budapest transport company BKV has still not received its Ft 12.5 billion state subsidy, on an MTV talk show last week.
Hungarian Gov’t To Tax Severance Pay Since 2005
- 10 Nov 2010 12:00 AM
- current affairs
"The government will make the 98% tax on severance pay above a certain sum retroactive to 2005, under a proposal put forward yesterday by caucus leader János Lázár. The Constitutional Court struck down the 98% tax last month, in part because it had retroactive effect to the beginning of 2010.
New Mayor Tarlos: Budapest Will Need State Assistance
- 19 Oct 2010 2:00 AM
- current affairs
"Budapest's lack of funds and debts appear to be unmanageable without state help, newly elected mayor Istvan Tarlos told reporters last week. Certain duties will have to be transferred to the state, he said, adding that he will meet Prime Minister Viktor Orban soon. Budapest's day-to-day finances are not in danger, but the fiscal situation is worrisome, and next year's budget is in doubt, he ...