2,042 result(s) for 2017
Hungarian Swimmer Hosszú Tears Up Contract At Press Conference
- 7 Jan 2016 8:00 AM
- sport
Five-time world swimming champion Katinka Hosszú yesterday rejected – by ripping it up in front of reporters – an offer of Ft 12 million in support from the Hungarian Swimming Federation. The world and European champion objected to the requirement that she must promote the 2017 world championships in Budapest in return for the funding and said the money would be better spent on upgrading the ...
Hungarian Gov’t Adds HUF 5bn To Olympics Budget
- 30 Dec 2015 8:00 AM
- sport
The government will increase funding for Budapest’s 2024 Olympic bid from Ft 10 billion to Ft 15 billion, under a resolution approved before Christmas. The feasibility study for the bid to host the 2024 summer games put the total cost of the bidding effort at Ft 10 billion. In addition, the government aims to raise a further Ft 4 billion through tax breaks for corporate sponsorship, boosting the ...
Hungarian Swimmer Katinka Hosszú Slams Swimming Federation
- 23 Dec 2015 8:00 AM
- sport
Katinka Hosszú, Hungary’s most successful swimmer of recent years, criticised the Hungarian Swimming Federation yesterday, accusing its leaders of complacency rather than stepping up efforts to help the nation’s swimmers. The world and European swimming champion, holder of several world records, told a Budapest press conference that she did not expect and did not receive additional resources from ...
Hungarian Govt, Unions, Employers Reach Deal On Minimum Wages
- 23 Dec 2015 8:00 AM
- current affairs
The economy ministry reached an agreement with three employer associations and two trade unions on the monthly minimum wages for skilled and unskilled workers, state secretary Péter Cseresznyés said. Under the agreement, the monthly minimum wage for unskilled workers next year will rise to gross 111,000 forints (EUR 353.6) and skilled workers will get 129,000 forints (EUR 411).
Hungarian State To Grant HUF 10 Million Aid To Couples Agreeing To Have Three Children
- 21 Dec 2015 8:00 AM
- current affairs
The State will grant HUF 10 million non-repayable aid for the purchase of new homes to young couples who agree to have three children within ten years, the Minister heading the Prime Minister’s Office announced at the press conference Governmentinfo 35 which he held jointly with Government Spokesperson Zoltán Kovács.
Xpat Opinion: Chancellor Merkel & Hungary’s PM Orbán On The International Front Pages
- 17 Dec 2015 10:40 AM
- current affairs
As Angela Merkel is named person of the year by Time magazine, and the Economist features PM Orbán alongside Donald Trump and Marine Le Pen, commentators ruminate on the growing rift between liberal elites and their opponents.
Milan Expo Pavilion To Be Re-Erected In E Hungary
- 17 Dec 2015 3:00 AM
- current affairs
Hungary’s pavilion for the Milan World Expo is being dismantled and will be transferred to Karcag, in central-eastern Hungary, where it will serve as a museum from 2017 showcasing the country’s equestrian traditions. Géza Szőcs, the government commissioner for the expo, told a news conference that a lawsuit against Hungary had been dropped by the Italian authorities.
Budapest To Spend ‘Necessary Amount’ Of A Rising Revenue Share On Public Transport
- 15 Dec 2015 8:00 AM
- getting around
The share of the Budapest municipality in revenues will increase at the expense of the capital’s 23 districts but it will have to spend “the necessary amount” rather than a specified ratio of its dues on providing public transport services under a bill of amendment submitted by the government to parliament. The proposal is in the same bill as a proposed cut of the VAT on home construction, which ...
City Analysts Forecast Lower Inflation For Hungary
- 12 Dec 2015 8:00 AM
- business
London-based analysts of JP Morgan and Morgan Stanley both lowered their Hungarian inflation forecasts for next year. Analysts at JP Morgan expect Hungarian inflation to be at 2.1% at the end of 2016, lower than their earlier 2.3% forecast. JP Morgan left their prediction of 2.5% inflation for 2017 unchanged. JP Morgan said lower inflation numbers in October and November made them reconsider ...
Hungarian Swimmer Hosszú Tears Up Contract At Press Conference
- 7 Jan 2016 8:00 AM
- sport
Five-time world swimming champion Katinka Hosszú yesterday rejected – by ripping it up in front of reporters – an offer of Ft 12 million in support from the Hungarian Swimming Federation. The world and European champion objected to the requirement that she must promote the 2017 world championships in Budapest in return for the funding and said the money would be better spent on upgrading the ...
Hungarian Gov’t Adds HUF 5bn To Olympics Budget
- 30 Dec 2015 8:00 AM
- sport
The government will increase funding for Budapest’s 2024 Olympic bid from Ft 10 billion to Ft 15 billion, under a resolution approved before Christmas. The feasibility study for the bid to host the 2024 summer games put the total cost of the bidding effort at Ft 10 billion. In addition, the government aims to raise a further Ft 4 billion through tax breaks for corporate sponsorship, boosting the ...
Hungarian Swimmer Katinka Hosszú Slams Swimming Federation
- 23 Dec 2015 8:00 AM
- sport
Katinka Hosszú, Hungary’s most successful swimmer of recent years, criticised the Hungarian Swimming Federation yesterday, accusing its leaders of complacency rather than stepping up efforts to help the nation’s swimmers. The world and European swimming champion, holder of several world records, told a Budapest press conference that she did not expect and did not receive additional resources from ...
Hungarian Govt, Unions, Employers Reach Deal On Minimum Wages
- 23 Dec 2015 8:00 AM
- current affairs
The economy ministry reached an agreement with three employer associations and two trade unions on the monthly minimum wages for skilled and unskilled workers, state secretary Péter Cseresznyés said. Under the agreement, the monthly minimum wage for unskilled workers next year will rise to gross 111,000 forints (EUR 353.6) and skilled workers will get 129,000 forints (EUR 411).
Hungarian State To Grant HUF 10 Million Aid To Couples Agreeing To Have Three Children
- 21 Dec 2015 8:00 AM
- current affairs
The State will grant HUF 10 million non-repayable aid for the purchase of new homes to young couples who agree to have three children within ten years, the Minister heading the Prime Minister’s Office announced at the press conference Governmentinfo 35 which he held jointly with Government Spokesperson Zoltán Kovács.
Xpat Opinion: Chancellor Merkel & Hungary’s PM Orbán On The International Front Pages
- 17 Dec 2015 10:40 AM
- current affairs
As Angela Merkel is named person of the year by Time magazine, and the Economist features PM Orbán alongside Donald Trump and Marine Le Pen, commentators ruminate on the growing rift between liberal elites and their opponents.
Milan Expo Pavilion To Be Re-Erected In E Hungary
- 17 Dec 2015 3:00 AM
- current affairs
Hungary’s pavilion for the Milan World Expo is being dismantled and will be transferred to Karcag, in central-eastern Hungary, where it will serve as a museum from 2017 showcasing the country’s equestrian traditions. Géza Szőcs, the government commissioner for the expo, told a news conference that a lawsuit against Hungary had been dropped by the Italian authorities.
Budapest To Spend ‘Necessary Amount’ Of A Rising Revenue Share On Public Transport
- 15 Dec 2015 8:00 AM
- getting around
The share of the Budapest municipality in revenues will increase at the expense of the capital’s 23 districts but it will have to spend “the necessary amount” rather than a specified ratio of its dues on providing public transport services under a bill of amendment submitted by the government to parliament. The proposal is in the same bill as a proposed cut of the VAT on home construction, which ...
City Analysts Forecast Lower Inflation For Hungary
- 12 Dec 2015 8:00 AM
- business
London-based analysts of JP Morgan and Morgan Stanley both lowered their Hungarian inflation forecasts for next year. Analysts at JP Morgan expect Hungarian inflation to be at 2.1% at the end of 2016, lower than their earlier 2.3% forecast. JP Morgan left their prediction of 2.5% inflation for 2017 unchanged. JP Morgan said lower inflation numbers in October and November made them reconsider ...