78 result(s) for mnb in Current Affairs
Former MNB Governor Bod Sees Matolcsy Losing Self-Control
- 16 Mar 2016 8:00 AM
- current affairs
“It would be hard to dispute that MNB governor György Matolcsy has lost his self-control,” former MNB governor Péter Ákos Bod said with regard to the bill on shielding the finances of the MNB’s foundations from public view.
Vona Denies Russian Financial Support
- 11 Mar 2016 8:00 AM
- current affairs
Jobbik president Gábor Vona firmly denied in an interview with Magyar Idõk that his party has ever received or would accept financial support from Russia. “I would not accept any foreign funds. By the way, while we are at it, I would support the idea of examining the foreign funding of all the parliamentary parties,” he declared.
Opposition Parties In Hungary Criticise MNB
- 20 Jul 2015 9:00 AM
- current affairs
The opposition parties expect an explanation from the MNB which last week announced its purchase of the only Titian painting in Hunga-ry for Ft 4.5 billion. LMP said it is outrageous that the central bank has bought the painting Madonna and Child with St. Paul from profits gained by converting foreign-currency loans. The Democratic Coalition recalled that it had complained to the European ...
Anti Corruption Protests Held Across Hungary
- 20 Apr 2015 9:00 AM
- current affairs
Anti-corruption protests took place across Hungary today. In Budapest the demonstration started in front of the Eiffel Palace Office Building near the Nyugati (western) train station. A few minutes before the scheduled start of the protest it seemed as though police and members of the press would outnumber the protesters.
Police Raid Quaestor Headquarters In Budapest
- 12 Mar 2015 8:00 AM
- current affairs
The National Bureau of Investigation yesterday raided the Budapest headquarters of brokerage Quaestor and initiated criminal proceedings against an unidentified person on suspicion of large-scale fraud. Chairman and CEO Csaba Tarsoly was in the office during the search and is co-operating with authorities, his lawyer said.
Xpat Opnion: First State-Owned Hungarian Bank Is Already In Trouble
- 19 Dec 2014 12:00 AM
- current affairs
Great interest preceded a press conference held jointly by Prime Minister Viktor Orbán and György Matolcsy, governor of the Hungarian National Bank (HNB), this morning. What was so important that these two men would have to appear together in public? It had to be something momentous. Well, it was. The newly “nationalized” Magyar Külkereskedemi Bank (MKB) is in serious trouble and the Hungarian ...
FX Loan & Bank Bills Approved In Hungary
- 26 Nov 2014 8:00 AM
- current affairs
Parliament on Tuesday approved the bill ordering the conversion of foreign-currency retail loans into forint ones next year. Loans must be converted at the MNB’s rates as at November 7. Interest rates on the forint loans will be linked to the Budapest interbank rate Bubor.
Hungary's Justice Minister Files Bill On “Fair Banking”
- 12 Nov 2014 8:00 AM
- current affairs
The bill on establishing “fair banking” was filed in Parliament on Tuesday afternoon, Justice Minister László Trócsányi announced. The bill places new regulatory tasks on banks in providing information to clients and helping them to understand contracts.
Hungarian National Bank Uncovers Huge Ponzi Scam
- 1 Sep 2014 9:00 AM
- current affairs
The MNB has levied a Ft 1.25 billion fine on a group of companies and one individual for running what amounts to a large-scale Ponzi scheme. Authorities seized Ft 1.5 billion from the accounts of Zsolt Szabó-Forrai, the mastermind of the scam.
Former MNB Governor Bod Sees Matolcsy Losing Self-Control
- 16 Mar 2016 8:00 AM
- current affairs
“It would be hard to dispute that MNB governor György Matolcsy has lost his self-control,” former MNB governor Péter Ákos Bod said with regard to the bill on shielding the finances of the MNB’s foundations from public view.
Vona Denies Russian Financial Support
- 11 Mar 2016 8:00 AM
- current affairs
Jobbik president Gábor Vona firmly denied in an interview with Magyar Idõk that his party has ever received or would accept financial support from Russia. “I would not accept any foreign funds. By the way, while we are at it, I would support the idea of examining the foreign funding of all the parliamentary parties,” he declared.
Opposition Parties In Hungary Criticise MNB
- 20 Jul 2015 9:00 AM
- current affairs
The opposition parties expect an explanation from the MNB which last week announced its purchase of the only Titian painting in Hunga-ry for Ft 4.5 billion. LMP said it is outrageous that the central bank has bought the painting Madonna and Child with St. Paul from profits gained by converting foreign-currency loans. The Democratic Coalition recalled that it had complained to the European ...
Anti Corruption Protests Held Across Hungary
- 20 Apr 2015 9:00 AM
- current affairs
Anti-corruption protests took place across Hungary today. In Budapest the demonstration started in front of the Eiffel Palace Office Building near the Nyugati (western) train station. A few minutes before the scheduled start of the protest it seemed as though police and members of the press would outnumber the protesters.
Police Raid Quaestor Headquarters In Budapest
- 12 Mar 2015 8:00 AM
- current affairs
The National Bureau of Investigation yesterday raided the Budapest headquarters of brokerage Quaestor and initiated criminal proceedings against an unidentified person on suspicion of large-scale fraud. Chairman and CEO Csaba Tarsoly was in the office during the search and is co-operating with authorities, his lawyer said.
Xpat Opnion: First State-Owned Hungarian Bank Is Already In Trouble
- 19 Dec 2014 12:00 AM
- current affairs
Great interest preceded a press conference held jointly by Prime Minister Viktor Orbán and György Matolcsy, governor of the Hungarian National Bank (HNB), this morning. What was so important that these two men would have to appear together in public? It had to be something momentous. Well, it was. The newly “nationalized” Magyar Külkereskedemi Bank (MKB) is in serious trouble and the Hungarian ...
FX Loan & Bank Bills Approved In Hungary
- 26 Nov 2014 8:00 AM
- current affairs
Parliament on Tuesday approved the bill ordering the conversion of foreign-currency retail loans into forint ones next year. Loans must be converted at the MNB’s rates as at November 7. Interest rates on the forint loans will be linked to the Budapest interbank rate Bubor.
Hungary's Justice Minister Files Bill On “Fair Banking”
- 12 Nov 2014 8:00 AM
- current affairs
The bill on establishing “fair banking” was filed in Parliament on Tuesday afternoon, Justice Minister László Trócsányi announced. The bill places new regulatory tasks on banks in providing information to clients and helping them to understand contracts.
Hungarian National Bank Uncovers Huge Ponzi Scam
- 1 Sep 2014 9:00 AM
- current affairs
The MNB has levied a Ft 1.25 billion fine on a group of companies and one individual for running what amounts to a large-scale Ponzi scheme. Authorities seized Ft 1.5 billion from the accounts of Zsolt Szabó-Forrai, the mastermind of the scam.