2,266 result(s) for billion forint
Opposition Parties Warn Of Residency Bond ‘National Security Risks’
- 7 Sep 2016 9:00 AM
- current affairs
Opposition parties said the country’s residency bond scheme carried risks after a newspaper report suggesting a foreign criminal had purchased a bond allowing residency in Hungary. The radical nationalist Jobbik party has called on the government to suspend the sale of residency bonds, citing risks to national security.
CBank Foundations Buy Plots In Budapest Business District
- 6 Sep 2016 9:00 AM
- property
Foundations run by Hungary’s central bank have purchased plots of land in a Budapest business district for 55 million euros. Fully 200,000sqm of office and residential space can be built on the combined seven-and-ahalf hectares, Zoltán Fekete, the head of Optima Befektetési, which manages the foundations’ assets, said. The plan is to build 150,000sqm of office space and complement it with stores ...
Teacher Wages To Rise 3.5% In 2016
- 2 Sep 2016 9:00 AM
- current affairs
Teachers’ wages will rise by 3.5% in September this year based on the teacher career model, László Palkovics, the public education state secretary, said. The wage increase means teachers will receive between 3,000 forints (EUR 10) and 15,000 (EUR 48) forints more each month depending on seniority, Palkovics said, noting that the government has continuously increased teacher’s wages since 2013.
Union: New School Year ‘Won’t Be Smooth’
- 1 Sep 2016 9:00 AM
- current affairs
The head of the PSZ teachers’ trade union has warned that the new school year “will not be smooth”. Piroska Galló said government communications suggesting all the right conditions were in place for schools to start the year successfully were misleading.
Suburban Railways To Be Separated From BKV
- 1 Sep 2016 9:00 AM
- getting around
The operations of suburban railway (HÉV) will be separated from those of the Budapest transport company (BKV) from Nov. 1, the metropolitan general assembly decided. The government decided in February this year to prepare the ground for the suburban railway to be taken over by the state.
Samsung To Invest HUF 100 Bn In Battery Plant Near Budapest
- 31 Aug 2016 9:00 AM
- business
South Korea’s Samsung SDI will invest 100 billion forints (EUR 322m) in a plant in Göd, north of Budapest, to produce batteries for electric vehicles for European markets, Hungary’s minister for foreign affairs and trade announced. After serious competition from other countries in the region, the investment in Hungary will create 600 jobs, Péter Szijjártó said in Budapest.
Court Sentences Extremist Budaházy To 13 Years In Prison
- 31 Aug 2016 9:00 AM
- current affairs
A Budapest court sentenced in a non-binding ruling extremist György Budaházy to 13 years in prison for carrying out terrorist activity almost a decade ago. Budaházy and six of his accomplices, who were sentenced to around ten years in prison each, were placed under house arrest during the afternoon. Another three people, who were sentenced to around seven years each, are prohibited from leaving ...
Nat Sec CTTEE: Turkey Situation Could Worsen Migrant Crisis
- 31 Aug 2016 9:00 AM
- current affairs
The current situation in Turkey could worsen Europe’s migration crisis, the head and deputy head of parliament’s national security committee said after a committee session. The state of domestic politics in Turkey has changed, and there is a serious threat that it could ignite a migration wave through the Balkan route similar to the wave seen last year, Zsolt Molnár, the committee’s head, said.
New Vocational Schools Launched In Hungary
- 30 Aug 2016 9:00 AM
- current affairs
September will see the start of new kinds of vocational training in Hungary, Economy Minister Mihály Varga said in Kecskemét, in central Hungary. Opening the new school year at a youth centre in the city, Varga noted that both vocational high schools and vocational colleges will offer matriculation exams, so there is a possibility that students can continue into higher education.
Opposition Parties Warn Of Residency Bond ‘National Security Risks’
- 7 Sep 2016 9:00 AM
- current affairs
Opposition parties said the country’s residency bond scheme carried risks after a newspaper report suggesting a foreign criminal had purchased a bond allowing residency in Hungary. The radical nationalist Jobbik party has called on the government to suspend the sale of residency bonds, citing risks to national security.
CBank Foundations Buy Plots In Budapest Business District
- 6 Sep 2016 9:00 AM
- property
Foundations run by Hungary’s central bank have purchased plots of land in a Budapest business district for 55 million euros. Fully 200,000sqm of office and residential space can be built on the combined seven-and-ahalf hectares, Zoltán Fekete, the head of Optima Befektetési, which manages the foundations’ assets, said. The plan is to build 150,000sqm of office space and complement it with stores ...
Teacher Wages To Rise 3.5% In 2016
- 2 Sep 2016 9:00 AM
- current affairs
Teachers’ wages will rise by 3.5% in September this year based on the teacher career model, László Palkovics, the public education state secretary, said. The wage increase means teachers will receive between 3,000 forints (EUR 10) and 15,000 (EUR 48) forints more each month depending on seniority, Palkovics said, noting that the government has continuously increased teacher’s wages since 2013.
Union: New School Year ‘Won’t Be Smooth’
- 1 Sep 2016 9:00 AM
- current affairs
The head of the PSZ teachers’ trade union has warned that the new school year “will not be smooth”. Piroska Galló said government communications suggesting all the right conditions were in place for schools to start the year successfully were misleading.
Suburban Railways To Be Separated From BKV
- 1 Sep 2016 9:00 AM
- getting around
The operations of suburban railway (HÉV) will be separated from those of the Budapest transport company (BKV) from Nov. 1, the metropolitan general assembly decided. The government decided in February this year to prepare the ground for the suburban railway to be taken over by the state.
Samsung To Invest HUF 100 Bn In Battery Plant Near Budapest
- 31 Aug 2016 9:00 AM
- business
South Korea’s Samsung SDI will invest 100 billion forints (EUR 322m) in a plant in Göd, north of Budapest, to produce batteries for electric vehicles for European markets, Hungary’s minister for foreign affairs and trade announced. After serious competition from other countries in the region, the investment in Hungary will create 600 jobs, Péter Szijjártó said in Budapest.
Court Sentences Extremist Budaházy To 13 Years In Prison
- 31 Aug 2016 9:00 AM
- current affairs
A Budapest court sentenced in a non-binding ruling extremist György Budaházy to 13 years in prison for carrying out terrorist activity almost a decade ago. Budaházy and six of his accomplices, who were sentenced to around ten years in prison each, were placed under house arrest during the afternoon. Another three people, who were sentenced to around seven years each, are prohibited from leaving ...
Nat Sec CTTEE: Turkey Situation Could Worsen Migrant Crisis
- 31 Aug 2016 9:00 AM
- current affairs
The current situation in Turkey could worsen Europe’s migration crisis, the head and deputy head of parliament’s national security committee said after a committee session. The state of domestic politics in Turkey has changed, and there is a serious threat that it could ignite a migration wave through the Balkan route similar to the wave seen last year, Zsolt Molnár, the committee’s head, said.
New Vocational Schools Launched In Hungary
- 30 Aug 2016 9:00 AM
- current affairs
September will see the start of new kinds of vocational training in Hungary, Economy Minister Mihály Varga said in Kecskemét, in central Hungary. Opening the new school year at a youth centre in the city, Varga noted that both vocational high schools and vocational colleges will offer matriculation exams, so there is a possibility that students can continue into higher education.