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Expat Life in Budapest, Hungary - News, Events, Movies, Restaurants, Jobs, Schools, Sport, Clubs in the Hungarian Capital
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 Friday 05 September 2008
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Expat Life in Budapest, Hungary - News, Events, Movies, Restaurants, Jobs, Schools, Sport, Clubs in the Hungarian Capital

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Hungary Real Wage Decline Slows Further In July
"Real wages in Hungary dropped by 4.4% year on year in July, an improvement over a 5.0% decline in June. The sharpest fall in real wages was observed in February (-8.1%), but since then the drop has become smaller every month. more »

DAF To Be First Heavy Machinery Maker To Set Up Plant In Hungary
DAF To Be First Heavy Machinery Maker To Set Up Plant In Hungary
"DAF Group plans to set up its first engine manufacturing and truck assembling unit in Hungary in a few years, broadsheet Népszabadság reported on Wednesday. more »

No Tax Hikes On The Way, GDP Growth Seen Larger Than Expected In 2008/09
No Tax Hikes On The Way, GDP Growth Seen Larger Than Expected In 2008/09
"The combining of some smaller taxes will not result in higher taxes overall, Hungarian Prime Minister Ferenc Gyurcsány said on Monday at a meeting with the representatives of several employers' organisations and chambers. The PM also told journalists that Hungary's economic growth could be larger than previously expected both in 2008 and in 2009. more »

Forint Regains Strength By End Of Session
Forint Regains Strength By End Of Session
"By the end of Friday's session Hungary's forint firmed back to opening levels of around 254 to the euro following some intra-day depreciation, which moves were in line with the fluctuations of other key currencies in the region. more »


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