News tagged "legislation"
Want to be Hungarian? Buy some bondson Oct 30, 2012 via YahooNews BUDAPEST (Reuters) - Lawmakers in indebted European Union member Hungary are waving the prospect of a passport at well-heeled foreign investors. Proposed legislation listed on parliament's website would grant permanent residency and ultimately Hungarian citizenship to outsiders who buy at least 250,000 euros ($322,600) worth of special government bonds. Hungarian passport holders are entitled to ...See details
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Want to be Hungarian? Buy some bondson Oct 30, 2012 via YahooNews BUDAPEST (Reuters) - Lawmakers in indebted European Union member Hungary are waving the prospect of a passport at well-heeled foreign investors. Proposed legislation listed on parliament's website would grant permanent residency and ultimately Hungarian citizenship to outsiders who buy at least 250,000 euros (200,834 pounds) worth of special government bonds. Hungarian passport holders are ...See details
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Hungary court says judge retirement law unconstitutionalon Jul 16, 2012 via YahooNews BUDAPEST (Reuters) - Hungary's top court ruled on Monday that legislation mandating a lower retirement age for judges was unconstitutional as it threatened the independence of the judiciary, echoing criticism by the European Union. The Budapest government had been at loggerheads with Brussels over a series of new laws passed last year that critics said cemented the ruling conservative Fidesz ...See details
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Hungary clears way to IMF talks with central bank law changeon Jul 10, 2012 via YahooNews BUDAPEST (Reuters) - Hungary's parliament approved changes to a disputed central bank law on Friday, clearing the way to talks with the IMF and EU on a financing backstop which the country needs to cut its high borrowing costs and avert a market crisis. The vote resolved a seven-month row over the legislation which the EU said threatened the independence of the National Bank of Hungary (NBH ...See details
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Hungary vote to remove obstacle to aid talkson Jul 06, 2012 via YahooNews BUDAPEST (Reuters) - Hungary's government hopes to remove the final obstacle to financial aid talks with the IMF and EU on Friday when parliament votes on revised legislation to resolve a seven-month row over the independence of the country's central bank.See details
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Hungary clears way to IMF talks with central bank law changeon Jul 06, 2012 via YahooNews BUDAPEST (Reuters) - Hungary's parliament approved changes to a disputed central bank law on Friday, clearing the way to talks with the IMF and EU on a financing backstop which the country needs to cut its high borrowing costs and avert a market crisis. The vote resolved a seven-month row over the legislation which the EU said threatened the independence of the National Bank of Hungary (NBH ...See details
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Hungary vote to remove obstacle to aid talkson Jul 06, 2012 via YahooNews BUDAPEST (Reuters) - Hungary's government hopes to remove the final obstacle to financial aid talks with the IMF and EU on Friday when parliament votes on revised legislation to resolve a seven-month row over the independence of the country's central bank.See details
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Hungary vote to remove obstacle to aid talkson Jul 06, 2012 via YahooNews BUDAPEST (Reuters) - Hungary's government hopes to remove the final obstacle to financial aid talks with the IMF and EU on Friday when parliament votes on revised legislation to resolve a seven-month row over the independence of the country's central bank. Related Stories Italy cuts spending to delay increase in sales tax Mexican vote recount confirms Pena Nieto win Defection cheers anti-Assad ...See details
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Hungary vote to remove obstacle to aid talkson Jul 06, 2012 via YahooNews BUDAPEST (Reuters) - Hungary's government hopes to remove the final obstacle to financial aid talks with the IMF and EU on Friday when parliament votes on revised legislation to resolve a seven-month row over the independence of the country's central bank. The government of Central Europe's most indebted nation, whose policies have spooked markets repeatedly over the past two years, first ...See details
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Hungary bows to EU pressure on central bank lawon Apr 18, 2012 via YahooNews (BUDAPEST ) - Hungary's government said Wednesday it is altering legislation that the EU had criticised as curbing the independence of the central bank, in the latest attempt to unblock talks on financial aid.See details
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Hungarian President Schmitt Quits Office After Plagiarism Rulingon Apr 02, 2012 via YahooNews Hungarian President Pal Schmitt, an ally of Prime Minister Viktor Orban who has signed off on all legislation since taking office in 2010, quit after losing his doctoral title because he plagiarized his thesis.See details
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Hungary reform threatens courts' independence - reporton Mar 21, 2012 via YahooNews BUDAPEST (Reuters) - Hungary's sweeping reform of the judiciary breaks a number of European rules and risks compromising judges' independence, according to a new report for the Council of Europe, adding to criticism of Budapest that risks blocking a deal on EU aid. The report by the Council's Venice Commission, dated March 2 but only released this week, says the legislation raise problems around ...See details
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Hungarian holiday opportunity for rallies against and in support of Viktor Orban's governmenton Mar 15, 2012 via YahooNews BUDAPEST, Hungary (AP) ? Hungary's prime minister launched a scathing attack on the European Union on Thursday, accusing it of colonialist behavior, disrespecting his country's sovereignty and meddling in its domestic affairs.The EU has voiced concerns about legislation passed by Viktor Orban's Fidesz party, which is seen limiting democratic principles such as the freedom of the press and the ...See details
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EU seen posing fresh questions for Hungaryon Mar 07, 2012 via YahooNews BRUSSELS/BUDAPEST (Reuters) - The European Commission may on Wednesday tell Hungary it still has concerns over disputed laws, potentially further delaying new talks on an aid deal needed to keep the country solvent. The EU launched legal action against Hungary in January over three pieces of legislation which Brussels says conflicts with EU law, and hurts the independence of the central bank ...See details
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Hungary's Orban aiming for IMF/EU dealon Feb 13, 2012 via YahooNews BUDAPEST (Reuters) - Hungarian Prime Minister Viktor Orban said on Monday he would iron out differences with the European Union and the International Monetary Fund over disputed legislation to secure an aid deal and avoid being shut out of markets. Orban's government has until Friday to explain how it plans to change its laws on the central bank, the judiciary and a data protection authority ...See details
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Hungarian government lawmaker sees IMF deal by May: reporton Feb 11, 2012 via YahooNews BUDAPEST (Reuters) - Hungary can realistically start formal talks with the European Union and the IMF about a vital funding deal in early March and an agreement can be reached by the middle of the second quarter, a ruling Fidesz party lawmaker said on Saturday. Hungary, at odds with Brussels over a range of legislation which some critics have called a threat to its democracy, needs the financing ...See details
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Hungary's leader defends his new constitutionon Feb 10, 2012 via YahooNews Hungary's leader defends his new constitution Associated Press Copyright 2012 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Updated 10:35?a.m., Tuesday, February 7, 2012 The critics include the European Commission, which has legally challenged the document and related legislation that took effect Jan. 1, saying they undermine ...See details
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IMF says "tangible steps" needed for Hungary aid talkson Feb 09, 2012 via YahooNews BUDAPEST (Reuters) - The International Monetary Fund needs to see tangible steps from the Hungarian government on critical economic issues before it agrees to resume talks on financial assistance, the Fund's representative in Hungary said on Thursday. After serious conflicts with the European Union over disputed legislation, last month Hungary backed down and pledged to change laws on its ...See details
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EU steps up legal pressure on Hungary over lawson Jan 24, 2012 via YahooNews STRASBOURG/BUDAPEST (Reuters) - The European Union raised the stakes in a showdown with Hungary on Tuesday, with the European Commission saying it would take legal action against the Hungarian government for failing to make authoritarian new laws comply with EU legislation. Prime Minister Viktor Orban's conservative Fidesz party has been condemned by the international community for introducing ...See details
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Hungary plans changes to controversial legislationon Jan 19, 2012 via YahooNews Hungary plans to change legislation that has prompted EU threats of court action and sparked Western fears about democratic rights, a top European official said Wednesday, but the promise did nothing to ...See details
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Sources : YahooNews
