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Border controls to disappear between Hungary and Romania: Key steps towards Schengen have been taken
Hungarian government implements two-year moratorium on Airbnb in Budapest to address housing crisis
05/10/2014
President Signs Borrowers’ Refund Settlement Law
Budapest, October 5, 2014 (MTI-ECONEWS) – President Janos Ader has signed legislation on the settlement of refunds owed retail borrowers by banks, the president’s press chief
[…]
05/10/2014
Politics
23/08/2014
Court rejects bank’s claim concerning FX loans
(MTI) РA Budapest court turned down a claim filed by savings cooperative Kethely ̩s Videke against the Hungarian state, in connection with the lawfulness of
[…]
23/08/2014
Business
24/07/2014
OTP Bank to defend contracts in court
Budapest, July 24 (MTI) – OTP Bank and its subsidiaries will avail of their right to defend in court the fairness of contracts with borrowers, the
[…]
24/07/2014
Business
24/07/2014
You Can Cycle On The Highway After Drinking Some Alcohol
The new modifying decree of the Hungarian Highway Code permits cycling when you’ve had a bit to drink. Since the 18th of July cyclists have been
[…]
24/07/2014
Society
08/07/2014
Constitutional Court Rejects E-PM Appeal For Referendum On Paks Expansion
Budapest, July 8 (MTI) – Hungary’s Constitutional Court rejected on Tuesday a petition submitted by the leftist E-PM alliance for holding a referendum on the expansion
[…]
08/07/2014
Business
02/07/2014
Integration Of Savings Coops Unconstitutional On 2 Points, Top Court Rules
Budapest, July 2 (MTI) – The Constitutional Court has found two provisions of the law on the integration of savings cooperatives unconstitutional, the court said. The
[…]
02/07/2014
Business
30/06/2014
Fidesz MPs To Clarify Prescription Period For Borrowers Relief
Budapest, June 30 (MTI) – The parliamentary group of governing Fidesz is submitting amendments to a bill on relief for borrowers with foreign currency-denominated loans that
[…]
30/06/2014
Business
28/06/2014
Govt Submits Bill On FX Loans
(MTI) – The government submitted to parliament on Friday the first bill aimed at helping FX loans holders by settling certain issues in contracts signed with
[…]
28/06/2014
Business
23/06/2014
Rogan Urges Law to Settle Forex Debtor Situation
Budapest, June 23 (MTI) – The ruling Fidesz party has asked the government to table a bill aimed at settling the problem of troubled forex debtors
[…]
23/06/2014
Business
18/06/2014
Prosecutor’s Report Highlights Success Rate
Budapest, June 18 (MTI) – Fully 96.4 percent of cases brought to court by Hungary’s public prosecutors last year were sound, according to a report by
[…]
18/06/2014
Society
18/06/2014
Ader Signs Municipal Election Law
(MTI) – President Janos Ader has signed an amendment containing changes to the local election system under which Budapest’s city council will comprise the mayor of
[…]
18/06/2014
Politics
17/06/2014
Top Court Rules On Fairness Of FX Loan Contracts: Forint, OTP Shares Rise
Budapest, June 16 (MTI) – The risk that borrowers in foreign currency assumed can only be seen as unfair if they were not put in a
[…]
17/06/2014
Business
11/06/2014
Economy Ministry, Banking Association Discuss Phasing Out FX Loans
(MTI) – Representatives of the economy ministry and the Banking Association held consultations on Tuesday about how to phase out loans denominated in foreign currency, the
[…]
11/06/2014
Business
05/06/2014
Medical Association Urges Settlement Of Legal Issue Around Tips To Doctors
Budapest, June 5 (MTI) – The Hungarian Resident Association has urged that legal issues around tips to healthcare staff from patients should be resolved, and asked
[…]
05/06/2014
Society
28/05/2014
Strasbourg Court Rules Authorities Wrong To Terminate Former Top Judge’s Mandate
(MTI) – The European Court of Human Rights on Tuesday ruled in favour of the former President of the Supreme Court, Andras Baka, declaring that the
[…]
28/05/2014
Politics
09/05/2014
Parliament Could Vote Monday On Extending Evictions Moratorium
Budapest, May 9 (MTI) – A bill by governing Fidesz to extend the moratorium on evictions until the problem of foreign currency-denominated loans is resolved will
[…]
09/05/2014
Business
09/05/2014
Tesco Set To Close 86 Tobacco Shops Under New Rules In End-May
Budapest, May 9 (MTI) – New regulations banning national tobacco shops from hypermarkets and other big stores from May 30 will cause retail chain Tesco to
[…]
09/05/2014
Business
19/04/2014
New Parliament To Hold First Session On May 6
(MTI) – President Janos Ader has convened Hungary’s new parliament on May 6, the President’s Office announced on Friday. Under Hungary’s constitution, the president is to
[…]
19/04/2014
Politics
09/04/2014
Govt studying Strasbourg ruling on church law
Budapest, April 9 (MTI) – The government is still studying the ruling by the Strasbourg court of human rights on Hungary’s church law, a senior government
[…]
09/04/2014
Politics
03/04/2014
Warranty Terms Are Being Modified
From now on, it is no longer possible to hand customers warranty tickets with faded text, builders and renewers will also have distinct terms from the
[…]
03/04/2014
Business
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