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Swiss Central Bank Move Sends Hungarian Forint Tumbling
- 16 Jan 2015 8:00 AM
- business
The forint sank to new all-time lows against the euro and the Swiss franc yesterday after Switzerland’s central bank stunned markets by scrapping the ceiling on its currency, in place since 2011. The Swiss franc surged to 0.85 per euro from 1.20, a 40% gain, before stabilising at parity with the euro.
Varga: Eliminating Forex Loans In Hungary Has Been Right Decision
- 16 Jan 2015 8:00 AM
- business
The Swiss central bank’s removal of a minimum franc-euro rate has confirmed that the Hungarian government made the right decision of eliminating forex loans from the country’s banking system in 2015, Mihály Varga, the economy minister, told government portal kormany.hu.
Record Number Of Heart Transplants At Városmajor Clinic In Budapest
- 29 Dec 2014 8:00 AM
- health & wellness
A record number of 50 heart transplants have been carried out at the Budapest Semmelweis University’s Vascular Surgery Department this year, the clinic said. The main trigger behind the number has been that doctors “seized every opportunity” to help patients in need and conducted when possible two operations on the same day, it said.
Ten Great Fun Activities For Kids In Budapest
- 22 Dec 2014 8:06 AM
- entertainment
By We Love Budapest : Looking for ways to entertain the kids? Budapest is a city that's brimming with adventure for children of all ages - or even just the young at heart. From playgrounds to aqua parks, and science works to sharks, there's so much for children to uncover and explore. Here are 10 great activities that will have children ...
Hungary Seeks To Restore Domestic Ownership Of Major Enterprises
- 22 Dec 2014 8:00 AM
- current affairs
The Hungarian government is attempting to restore large enterprises to Hungarian state ownership. It is working hard to convince foreign owners to sell their assets to Hungarian investors. Heti Válasz offers a wrap-up of the four-year process, which includes, among other sectors, electricity generation and the media.
Hungarian National Bank Buys Buda Castle Villa For Ft3bn
- 10 Dec 2014 8:00 AM
- property
The MNB has bought the Hatvany villa in the Buda Castle district for Ft 3.4 billion, and spent an additional Ft 1.9 billion on purchasing an adjacent building from the Academy of Sciences. These buildings will host an event and training centre and the MNB’s Ph.D. program will be located there, the central bank said.
President Assesses Frozen Rain Damage
- 9 Dec 2014 8:00 AM
- current affairs
Government and civil society must work together to help to tackle the damage to trees caused by last week’s freezing rain, President János Áder said. Examining the situation at a Pilis National Forest site near Pilisszentkereszt, he said the sight of the fallen and broken trees was “dramatic”.
More Manufacturing Jobs In Hungary In Aug -Oct
- 28 Nov 2014 8:00 AM
- current affairs
Sándor Czomba, economic state secretary for labour, told a news conference that manufacturing jobs had risen by 64,000 in August-October compared with the same period last year, while in the construction industry there were 21,000 more employees.
Private Pension Funds To Be Eliminated In Hungary By 2015
- 25 Nov 2014 8:00 AM
- current affairs
Reuters has reported that Hungary’s mandatory private pension funds could be eliminated by the end of this year if a new government measure that requires a highly active membership is passed. The Hungarian government has already been tapping the private schemes since 2010 for 360 billion forints (0.96 billion pounds) a year to cut the state budget deficit.
Swiss Central Bank Move Sends Hungarian Forint Tumbling
- 16 Jan 2015 8:00 AM
- business
The forint sank to new all-time lows against the euro and the Swiss franc yesterday after Switzerland’s central bank stunned markets by scrapping the ceiling on its currency, in place since 2011. The Swiss franc surged to 0.85 per euro from 1.20, a 40% gain, before stabilising at parity with the euro.
Varga: Eliminating Forex Loans In Hungary Has Been Right Decision
- 16 Jan 2015 8:00 AM
- business
The Swiss central bank’s removal of a minimum franc-euro rate has confirmed that the Hungarian government made the right decision of eliminating forex loans from the country’s banking system in 2015, Mihály Varga, the economy minister, told government portal kormany.hu.
Record Number Of Heart Transplants At Városmajor Clinic In Budapest
- 29 Dec 2014 8:00 AM
- health & wellness
A record number of 50 heart transplants have been carried out at the Budapest Semmelweis University’s Vascular Surgery Department this year, the clinic said. The main trigger behind the number has been that doctors “seized every opportunity” to help patients in need and conducted when possible two operations on the same day, it said.
Ten Great Fun Activities For Kids In Budapest
- 22 Dec 2014 8:06 AM
- entertainment
By We Love Budapest : Looking for ways to entertain the kids? Budapest is a city that's brimming with adventure for children of all ages - or even just the young at heart. From playgrounds to aqua parks, and science works to sharks, there's so much for children to uncover and explore. Here are 10 great activities that will have children ...
Hungary Seeks To Restore Domestic Ownership Of Major Enterprises
- 22 Dec 2014 8:00 AM
- current affairs
The Hungarian government is attempting to restore large enterprises to Hungarian state ownership. It is working hard to convince foreign owners to sell their assets to Hungarian investors. Heti Válasz offers a wrap-up of the four-year process, which includes, among other sectors, electricity generation and the media.
Hungarian National Bank Buys Buda Castle Villa For Ft3bn
- 10 Dec 2014 8:00 AM
- property
The MNB has bought the Hatvany villa in the Buda Castle district for Ft 3.4 billion, and spent an additional Ft 1.9 billion on purchasing an adjacent building from the Academy of Sciences. These buildings will host an event and training centre and the MNB’s Ph.D. program will be located there, the central bank said.
President Assesses Frozen Rain Damage
- 9 Dec 2014 8:00 AM
- current affairs
Government and civil society must work together to help to tackle the damage to trees caused by last week’s freezing rain, President János Áder said. Examining the situation at a Pilis National Forest site near Pilisszentkereszt, he said the sight of the fallen and broken trees was “dramatic”.
More Manufacturing Jobs In Hungary In Aug -Oct
- 28 Nov 2014 8:00 AM
- current affairs
Sándor Czomba, economic state secretary for labour, told a news conference that manufacturing jobs had risen by 64,000 in August-October compared with the same period last year, while in the construction industry there were 21,000 more employees.
Private Pension Funds To Be Eliminated In Hungary By 2015
- 25 Nov 2014 8:00 AM
- current affairs
Reuters has reported that Hungary’s mandatory private pension funds could be eliminated by the end of this year if a new government measure that requires a highly active membership is passed. The Hungarian government has already been tapping the private schemes since 2010 for 360 billion forints (0.96 billion pounds) a year to cut the state budget deficit.