"Graphisoft, developer of ArchiCAD the award winning Virtual Building solution, has announced on Tuesday that its Board of Directors has appointed Viktor Várkonyi as the company's new chief executive officer, effective immediately. more »

...austerity measures will be worth nothing.- "No matter how spectacularly the position of Hungary's budget is improving when household savings are eroding to the same extent. Consequently, the financing need of the national economy is increasing instead of decreasing. more »

"András Simor, Governor or Hungary's central bank (NBH) has made a strong statement indicating further monetary easing to be on the horizon. While the Monetary Council did not discuss rates at its biweekly (non-rate setting) meeting on Monday, Simor told Reuters that the 10.00% base rate needed to be lowered as fast as possible. more »