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Reactions To Quaestor Compensation Law In Hungary
- 18 Nov 2015 8:00 AM
- business
Hungary’s ruling Fidesz party said the Constitutional Court’s decision to axe parts of a law on compensation for investors of failed brokerage Quaestor served the interests of the banking sector, while opposition parties once again called on the government and central bank to take responsibility for the scandal. Tuesday’s Constitutional Court ruling concerns the law governing a top-up fund which ...
Nearly 500,000 Hungarians Oppose Refugee Quota
- 18 Nov 2015 8:00 AM
- current affairs
The signature drive against the EU’s refugee quota is making good progress, Magyar Idõk writes, as the petition has been signed by nearly 500,000 people since November 4. Fidesz seeks to reach as many people as possible before the end of the year and will relay the result of the symbolic campaign to Brussels to support the government in its political struggle against the quotas and in EU court ...
Invitation To Annual Remembrance Ceremony, Solymár, 8 November
- 6 Nov 2015 12:50 AM
- community & culture
In 2015 the Annual Service of Remembrance will be held on Sunday 8 November. The traditional service and wreath-laying ceremony will take place at the Commonwealth War Cemetery of Solymár at 10:55. Everybody is welcome to attend the ecumenical service. Those who do are kindly requested to arrive at the cemetery no later than 10:45. The service lasts approximately 20 minutes.
NBH Governor: Hungary Sees Price, Financial Stability Since 2013
- 5 Nov 2015 8:00 AM
- business
Hungary has enjoyed price and financial stability since 2013, when changes got under way at the central bank, the bank’s governor, György Matolcsy, said. Addressing lawmakers in parliament in a debate of the bank’s 2012, 2013 and 2014 business reports, Matolcsy said the bank’s new leadership in place since March 2013 had returned to a “responsible, conservative, but creatively functioning” path ...
Nearly 1,000 EU - Financed Development Projects Delayed
- 4 Nov 2015 3:00 AM
- business
A total of 962 development projects co-financed by the European Union are currently delayed, business daily Világgazdaság reported. Citing cabinet office information, the paper said that at the end of the third quarter the state sector and local councils were 150 billion forints (EUR 480m) behind schedule in taking up EU monies.
Large Regional Differences In Hungary’s House Hold Spending
- 3 Nov 2015 8:00 AM
- shopping
Households in central Hungary, including Budapest, spent about 50% more on consumption in the first half of the year than households in the underdeveloped northeast of the country, data compiled by the Central Statistical Office (KSH) showed. A fresh KSH report shows household expenditures on consumption in central Hungary averaged 89,055 forints (EUR 286) per capita per month in January-June, ...
Video: US Ambassador To Hungary's “We Will Build a Stronger Bridge” Speech
- 31 Oct 2015 8:01 AM
- current affairs
US Ambassador Colleen Bell recently made numerous positive public remarks about Hungary, and also spoke of her country’s concerns - about corruption, a decline of freedom of the press, and xenophobic characterisations of refugees – during her speech on Wednesday 28 October at the Corvinus University in Budapest.
She said Hungary was not a place where journalists were jailed or tortured, ...
She said Hungary was not a place where journalists were jailed or tortured, ...
Hungary's Former PM Gyurcsány’s Roadmap To Change Orbán's Government
- 26 Oct 2015 9:00 AM
- current affairs
Ferenc Gyurcsány, the former prime minister of Hungary and chairman of the Democratic Coalition (DK), released a 20-page political pamphlet titled "Many for Hungary" (Sokak Magyarországért). "Many people hope that Orbán and his system would collapse under the weight of its own corruption, or be swept away by an international financial or political crisis.
Hungarian MPs Order Health Tests For Refugees
- 21 Oct 2015 9:00 AM
- health & wellness
Parliament on Tuesday authorised the national chief medical officer to order compulsory health screening tests of refugees during a state of emergency declared in response to massive immigration. Persons applying for asylum at a transit station must undergo the health screening on the spot. In another development Parliament began debate of a bill on establishing a central database where the faces ...
Reactions To Quaestor Compensation Law In Hungary
- 18 Nov 2015 8:00 AM
- business
Hungary’s ruling Fidesz party said the Constitutional Court’s decision to axe parts of a law on compensation for investors of failed brokerage Quaestor served the interests of the banking sector, while opposition parties once again called on the government and central bank to take responsibility for the scandal. Tuesday’s Constitutional Court ruling concerns the law governing a top-up fund which ...
Nearly 500,000 Hungarians Oppose Refugee Quota
- 18 Nov 2015 8:00 AM
- current affairs
The signature drive against the EU’s refugee quota is making good progress, Magyar Idõk writes, as the petition has been signed by nearly 500,000 people since November 4. Fidesz seeks to reach as many people as possible before the end of the year and will relay the result of the symbolic campaign to Brussels to support the government in its political struggle against the quotas and in EU court ...
Invitation To Annual Remembrance Ceremony, Solymár, 8 November
- 6 Nov 2015 12:50 AM
- community & culture
In 2015 the Annual Service of Remembrance will be held on Sunday 8 November. The traditional service and wreath-laying ceremony will take place at the Commonwealth War Cemetery of Solymár at 10:55. Everybody is welcome to attend the ecumenical service. Those who do are kindly requested to arrive at the cemetery no later than 10:45. The service lasts approximately 20 minutes.
NBH Governor: Hungary Sees Price, Financial Stability Since 2013
- 5 Nov 2015 8:00 AM
- business
Hungary has enjoyed price and financial stability since 2013, when changes got under way at the central bank, the bank’s governor, György Matolcsy, said. Addressing lawmakers in parliament in a debate of the bank’s 2012, 2013 and 2014 business reports, Matolcsy said the bank’s new leadership in place since March 2013 had returned to a “responsible, conservative, but creatively functioning” path ...
Nearly 1,000 EU - Financed Development Projects Delayed
- 4 Nov 2015 3:00 AM
- business
A total of 962 development projects co-financed by the European Union are currently delayed, business daily Világgazdaság reported. Citing cabinet office information, the paper said that at the end of the third quarter the state sector and local councils were 150 billion forints (EUR 480m) behind schedule in taking up EU monies.
Large Regional Differences In Hungary’s House Hold Spending
- 3 Nov 2015 8:00 AM
- shopping
Households in central Hungary, including Budapest, spent about 50% more on consumption in the first half of the year than households in the underdeveloped northeast of the country, data compiled by the Central Statistical Office (KSH) showed. A fresh KSH report shows household expenditures on consumption in central Hungary averaged 89,055 forints (EUR 286) per capita per month in January-June, ...
Video: US Ambassador To Hungary's “We Will Build a Stronger Bridge” Speech
- 31 Oct 2015 8:01 AM
- current affairs
US Ambassador Colleen Bell recently made numerous positive public remarks about Hungary, and also spoke of her country’s concerns - about corruption, a decline of freedom of the press, and xenophobic characterisations of refugees – during her speech on Wednesday 28 October at the Corvinus University in Budapest.
She said Hungary was not a place where journalists were jailed or tortured, ...
She said Hungary was not a place where journalists were jailed or tortured, ...
Hungary's Former PM Gyurcsány’s Roadmap To Change Orbán's Government
- 26 Oct 2015 9:00 AM
- current affairs
Ferenc Gyurcsány, the former prime minister of Hungary and chairman of the Democratic Coalition (DK), released a 20-page political pamphlet titled "Many for Hungary" (Sokak Magyarországért). "Many people hope that Orbán and his system would collapse under the weight of its own corruption, or be swept away by an international financial or political crisis.
Hungarian MPs Order Health Tests For Refugees
- 21 Oct 2015 9:00 AM
- health & wellness
Parliament on Tuesday authorised the national chief medical officer to order compulsory health screening tests of refugees during a state of emergency declared in response to massive immigration. Persons applying for asylum at a transit station must undergo the health screening on the spot. In another development Parliament began debate of a bill on establishing a central database where the faces ...