2,399 result(s) for billion forint
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 ...
Hungarian Socialists Demand Immediate Military Reform
- 18 Nov 2015 3:00 AM
- current affairs
The opposition Socialist Party called on the government to implement a reform of the country’s armed forces with no delay. Socialist MPs Tamás Harangozó and Márta Demeter said that the defence minister’s recent postponing an international aviation day originally set for next year was an “open admittance of the armed forces’ tragic state”.
Hungarian Govt Considers Setting Up 2,000 Free Wi-Fi Access Points
- 13 Nov 2015 10:00 AM
- tech
The government is considering setting up around 2,000 free Wi- Fi access points, using the already existing 1,300 e-Hungary points as a foundation for the project, daily Népszabadság said. In settlements without e-Hungary points, Wi- Fi access will be set up in local municipality offices or the most frequented public spaces.
Lázár: List To Show How Much Land Owned In Hungary
- 13 Nov 2015 9:00 AM
- current affairs
Without violating data protection rules, it is in the government’s interest to make a list of foreign landowners available, showing how much land they own, he added. Sections of the land law are still under inquiry in Brussels because the EU wants Hungary to also allow legal entities buy farmland, he said. Budapest Bank has received applications for 10 billion forints of loans to buy land and ...
Hungary Guest Nights Climb 6.7% In September
- 12 Nov 2015 8:00 AM
- travel
Guest nights in Hungary rose by 6.7% to 2,208,499 in September from the same month a year earlier, a release by the Central Statistical Office (KSH) showed. Guest nights spent by Hungarians increased by 5.8% to 919,314 and nights spent by foreign guests were up by 7.3% at 1,289,185. Revenue of commercial accommodations came to 35.7 billion forints (EUR 114m) in September, up by 13.8% from the ...
Mandatory For Hungarian Local Councils To Provide Meals For Children In School Holidays From 2016
- 10 Nov 2015 8:00 AM
- current affairs
The government will propose to parliament that local councils should be obliged to provide free meals for needy children during all school holidays from Jan. 1, a state secretary of the human resources ministry announced. Károly Czibere said that the government will fully reimburse municipalities and 4.5 billion forints (EUR 14.4m) in 2016 will be made available.
Dialogue For Hungary Appeals To Minister On Child Hunger
- 9 Nov 2015 8:00 AM
- current affairs
The opposition Dialogue for Hungary (PM) has appealed to the human resources minister in an open letter for the ruling parties’ support to eliminate the problem of starving children. PM co-leader Tímea Szabó said that all parties should acknowledge the necessity of eliminating child hunger as a national minimum irrespective of party politics.
Jobbik To File Complaint Over Hungarian Border Fence Costs
- 5 Nov 2015 8:00 AM
- current affairs
Materials and equipment used in the recent construction of the border fence between Hungary and Serbia were purchased at 5-8 times the market price, the radical nationalist Jobbik party said. Deputy leader István Apáti said that the government had provided “confusing” answers to relevant questions and added that his party would file a criminal complaint under suspicion of abuse of public funds.
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 ...
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 ...
Hungarian Socialists Demand Immediate Military Reform
- 18 Nov 2015 3:00 AM
- current affairs
The opposition Socialist Party called on the government to implement a reform of the country’s armed forces with no delay. Socialist MPs Tamás Harangozó and Márta Demeter said that the defence minister’s recent postponing an international aviation day originally set for next year was an “open admittance of the armed forces’ tragic state”.
Hungarian Govt Considers Setting Up 2,000 Free Wi-Fi Access Points
- 13 Nov 2015 10:00 AM
- tech
The government is considering setting up around 2,000 free Wi- Fi access points, using the already existing 1,300 e-Hungary points as a foundation for the project, daily Népszabadság said. In settlements without e-Hungary points, Wi- Fi access will be set up in local municipality offices or the most frequented public spaces.
Lázár: List To Show How Much Land Owned In Hungary
- 13 Nov 2015 9:00 AM
- current affairs
Without violating data protection rules, it is in the government’s interest to make a list of foreign landowners available, showing how much land they own, he added. Sections of the land law are still under inquiry in Brussels because the EU wants Hungary to also allow legal entities buy farmland, he said. Budapest Bank has received applications for 10 billion forints of loans to buy land and ...
Hungary Guest Nights Climb 6.7% In September
- 12 Nov 2015 8:00 AM
- travel
Guest nights in Hungary rose by 6.7% to 2,208,499 in September from the same month a year earlier, a release by the Central Statistical Office (KSH) showed. Guest nights spent by Hungarians increased by 5.8% to 919,314 and nights spent by foreign guests were up by 7.3% at 1,289,185. Revenue of commercial accommodations came to 35.7 billion forints (EUR 114m) in September, up by 13.8% from the ...
Mandatory For Hungarian Local Councils To Provide Meals For Children In School Holidays From 2016
- 10 Nov 2015 8:00 AM
- current affairs
The government will propose to parliament that local councils should be obliged to provide free meals for needy children during all school holidays from Jan. 1, a state secretary of the human resources ministry announced. Károly Czibere said that the government will fully reimburse municipalities and 4.5 billion forints (EUR 14.4m) in 2016 will be made available.
Dialogue For Hungary Appeals To Minister On Child Hunger
- 9 Nov 2015 8:00 AM
- current affairs
The opposition Dialogue for Hungary (PM) has appealed to the human resources minister in an open letter for the ruling parties’ support to eliminate the problem of starving children. PM co-leader Tímea Szabó said that all parties should acknowledge the necessity of eliminating child hunger as a national minimum irrespective of party politics.
Jobbik To File Complaint Over Hungarian Border Fence Costs
- 5 Nov 2015 8:00 AM
- current affairs
Materials and equipment used in the recent construction of the border fence between Hungary and Serbia were purchased at 5-8 times the market price, the radical nationalist Jobbik party said. Deputy leader István Apáti said that the government had provided “confusing” answers to relevant questions and added that his party would file a criminal complaint under suspicion of abuse of public funds.
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 ...