1,307 result(s) for boost
More Than 50,000 Jobs Added In Hungary
- 5 Jan 2016 3:00 AM
- business
Commenting on the jobs data, ING Bank chief analyst András Balatoni said the more than 50,000 jobs added on the primary labour market showed the spill-over effect of economic growth. Takarékbank analyst Gergely Suppan said the latest gauges of business confidence suggest employment could rise further in future. Erste analyst Gergely Ürmössy said the unemployment rate is better than earlier ...
Huge Innovation In The Budapest Zoo
- 3 Jan 2016 7:00 AM
- property
The Budapest Zoo constructs a two-acre building in the area until 2018. The bio dome will be larger than 17 thousand sq m, which is unique in the world. The total floor of the Pest bio dome will be around two hectares, all levels considered. There will be a three-storey aquarium, and an additional nearly thousand sq m underground, propeller.hu wrote.
Hungary’s Employer Group Chief: High Tax Rates Hamper Proper Wage Reform
- 31 Dec 2015 8:00 AM
- business
Employment and income tax rates need to be reduced because the current tax system is hampering a proper wage reform, the chief secretary of the National Association of Employers and Entrepreneurs (VOSZ) said. Ferenc Dávid said a gross wage of 100,000 forints (EUR 320) costs the employer approximately 128,500 forints factoring in social contributions while the employee’s net wage ends up being ...
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 ...
5* Party Destination: XANA Beach Club, Interview With Paul Oakenfold In Phuket
- 21 Dec 2015 8:00 AM
- travel
Thailand's one of the most popular sunshine destinations to escape winter in Hungary for a while, and there's no better way to heat up your holiday than with a beach party... Phuket’s high-season kicked off with a sonic bang last week at XANA Beach Club, with a high-energy DJ Festival featuring local talent and international stars.
LMP Files Criminal Report About Alleged Eximbank Loan For Hungarian TV2 Purchase
- 17 Dec 2015 8:00 AM
- current affairs
The green opposition LMP will file a criminal report for abuse of power and mismanagement in connection with Eximbank lending 6.72 billion forints (EUR 21.3m) to government commissioner Andrew G Vajna’s company to buy media group TV2, according to press reports. LMP co-leader András Schiffer said that the bank should not “stuff the pockets of a government-friendly offshore knight with loans”.
Hungary To Gain Economic Influence From Paris Climate Deal
- 17 Dec 2015 3:00 AM
- current affairs
The outcome of the Paris climate conference could be positive for Hungary’s economy, the deputy state secretary in charge of green economy and climate policy said. Hungary’s competitiveness and economic influence could grow as a result of the deal, Martina Makai said at a roundtable discussion after returning from the Paris conference which concluded on Dec. 12.
Greenpeace Protests Against Sale Of Kishantos Organic Farm In Hungary
- 9 Dec 2015 8:00 AM
- current affairs
A group of Greenpeace activists held a protest against the sale of lands formerly leased to the organic farm of Kishantos, in Szekesfehervar, central Hungary. Greenpeace said on its website that its activists climbed onto the roof of the building where the auction was taking place and sprayed the words “Land Theft” on it. The activists also hung banners that said “Hands off of Kishantos!” in the ...
Hungary’s Foreign Minister: Foreign Policy Boosts Economic Competitiveness
- 8 Dec 2015 8:00 AM
- business
Hungary’s foreign policy has an important role in helping the country enforce its economic interests and boost its competitiveness, the foreign minister told parliament’s economic committee. Péter Szijjártó said in a ministerial hearing that Hungary’s economic model has succeeded in boosting economic growth while implementing a disciplined fiscal policy and reducing public debt.
More Than 50,000 Jobs Added In Hungary
- 5 Jan 2016 3:00 AM
- business
Commenting on the jobs data, ING Bank chief analyst András Balatoni said the more than 50,000 jobs added on the primary labour market showed the spill-over effect of economic growth. Takarékbank analyst Gergely Suppan said the latest gauges of business confidence suggest employment could rise further in future. Erste analyst Gergely Ürmössy said the unemployment rate is better than earlier ...
Huge Innovation In The Budapest Zoo
- 3 Jan 2016 7:00 AM
- property
The Budapest Zoo constructs a two-acre building in the area until 2018. The bio dome will be larger than 17 thousand sq m, which is unique in the world. The total floor of the Pest bio dome will be around two hectares, all levels considered. There will be a three-storey aquarium, and an additional nearly thousand sq m underground, propeller.hu wrote.
Hungary’s Employer Group Chief: High Tax Rates Hamper Proper Wage Reform
- 31 Dec 2015 8:00 AM
- business
Employment and income tax rates need to be reduced because the current tax system is hampering a proper wage reform, the chief secretary of the National Association of Employers and Entrepreneurs (VOSZ) said. Ferenc Dávid said a gross wage of 100,000 forints (EUR 320) costs the employer approximately 128,500 forints factoring in social contributions while the employee’s net wage ends up being ...
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 ...
5* Party Destination: XANA Beach Club, Interview With Paul Oakenfold In Phuket
- 21 Dec 2015 8:00 AM
- travel
Thailand's one of the most popular sunshine destinations to escape winter in Hungary for a while, and there's no better way to heat up your holiday than with a beach party... Phuket’s high-season kicked off with a sonic bang last week at XANA Beach Club, with a high-energy DJ Festival featuring local talent and international stars.
LMP Files Criminal Report About Alleged Eximbank Loan For Hungarian TV2 Purchase
- 17 Dec 2015 8:00 AM
- current affairs
The green opposition LMP will file a criminal report for abuse of power and mismanagement in connection with Eximbank lending 6.72 billion forints (EUR 21.3m) to government commissioner Andrew G Vajna’s company to buy media group TV2, according to press reports. LMP co-leader András Schiffer said that the bank should not “stuff the pockets of a government-friendly offshore knight with loans”.
Hungary To Gain Economic Influence From Paris Climate Deal
- 17 Dec 2015 3:00 AM
- current affairs
The outcome of the Paris climate conference could be positive for Hungary’s economy, the deputy state secretary in charge of green economy and climate policy said. Hungary’s competitiveness and economic influence could grow as a result of the deal, Martina Makai said at a roundtable discussion after returning from the Paris conference which concluded on Dec. 12.
Greenpeace Protests Against Sale Of Kishantos Organic Farm In Hungary
- 9 Dec 2015 8:00 AM
- current affairs
A group of Greenpeace activists held a protest against the sale of lands formerly leased to the organic farm of Kishantos, in Szekesfehervar, central Hungary. Greenpeace said on its website that its activists climbed onto the roof of the building where the auction was taking place and sprayed the words “Land Theft” on it. The activists also hung banners that said “Hands off of Kishantos!” in the ...
Hungary’s Foreign Minister: Foreign Policy Boosts Economic Competitiveness
- 8 Dec 2015 8:00 AM
- business
Hungary’s foreign policy has an important role in helping the country enforce its economic interests and boost its competitiveness, the foreign minister told parliament’s economic committee. Péter Szijjártó said in a ministerial hearing that Hungary’s economic model has succeeded in boosting economic growth while implementing a disciplined fiscal policy and reducing public debt.