1,929 result(s) for crisis
Icelandic Volcanic Ash Chokes Hungary's Forint
- 19 Apr 2010 4:00 AM
- business
"Goldman Sachs being charged with fraud by the Securities and Exchange Commission (SEC) has ruined the appetite for markets on Friday, and the volcanic ash from Iceland keeps choking European markets. The airspace closure is seen putting Europe’s fragile recovery in danger, according to the most recent press reports. Hungary’s forint eased to above 265 against the euro again.
Far-Right Jobbik Gathers Perilous Clouds Over Hungary - International Press
- 14 Apr 2010 4:00 AM
- current affairs
"Hungary’s Socialist Party (MSZP) has received nearly 1.4 million votes less on Sunday, while centre-right Fidesz garnered almost 400,000 votes more than in the first round of the 2006 general elections. Fidesz looks set to gain a two-thirds majority in Parliament that would enable it to amend any legislation, including the constitution. Analysts expect the market reaction to be muted but ...
Hungary's Fidesz To Focus On Growth, Competitiveness
- 14 Apr 2010 4:00 AM
- current affairs
"Hungary’s budget deficit will reach the full-year target by the end of May and that, i.e. the real state of the economy, needs to be understood by the IMF, the European Commission and analysts too, said Viktor Orbán, who looks to be en route to shortly become Hungary’s next Prime Minister.
Credigen Bank Withdraws From Hungary
- 12 Apr 2010 3:00 AM
- business
"Credigen Bank, the Hungarian consumer finance unit of French Sofinco, has terminated its activities in Hungary. A major player on the local consumer loan market, it will complete collecting its outstanding debt and then withdraw from Hungary altogether, the bank confirmed to local news portal index.hu. It has contracts with such large retail chains as Tesco, Media Markt, Saturn and Extreme ...
U.S. Congressional Delegation Meets Hungarian Government Officials
- 12 Apr 2010 1:00 AM
- current affairs
"A bipartisan delegation of five U.S. Senators, headed by Byron L. Dorgan of North Dakota, visited Budapest on April 3, 2010. In a meeting with senior representatives of the Government of Hungary, the Senators underscored the importance of close Trans-Atlantic relations and welcomed Hungary’s continued commitment to NATO efforts.
Hungarian Firm Catches International Fever
- 9 Apr 2010 1:00 AM
- business
"During times of crisis, as many are all too familiar with, companies are forced to become more agile in order to survive. For many firms this has come down to cutting costs and focusing all available resources on sustaining business. Though these tactics may not be the ideal solution for young firms looking to grow their business, in many cases it’s done simply so the firm can stay afloat until ...
Hungary's Sziget Faces Tough Year, Ticket Prices To Go Up 20%
- 6 Apr 2010 6:00 AM
- entertainment
"Hungary’s leading festival organiser Sziget will not ease its grip on spending and will continue its crisis management measures implemented last year. It will keep its budget tight on this year’s Sziget Festival and focus on foreign advertisements, head of Sziget Kft. told business daily Világgazdaság.
Video: Hungarian PM Gordon Bajnai Defends His Economic Policies
- 30 Mar 2010 1:00 AM
- video
"The financial crisis hit Hungary hard. Severe cutbacks in social spending and higher taxes were implemented to revive the state budget. Prime Minister Gordon Bajnai managed to avoid insolvency and now has a new goal in sight: to introduce the Euro by 2014. There is a lot to do until then. Hungary's economy shrank by 9 percent last year. In an exclusive interview with 'Made in Germany', Gordon ...
Crisis Creates Appetite For Movies In Hungary
- 29 Mar 2010 3:00 AM
- entertainment
"How has the economic crisis changed movie-going patterns in Hungary? How come multiplex movie theatres are more successful in Slovakia than in Hungary? How can cinema operators keep audience numbers up in the age of torrent sites and affordable home theatre systems? Is 3D really the key to survival? Portfolio.hu has addressed these questions and more in an interview with V.J. Maury, Chief ...
Icelandic Volcanic Ash Chokes Hungary's Forint
- 19 Apr 2010 4:00 AM
- business
"Goldman Sachs being charged with fraud by the Securities and Exchange Commission (SEC) has ruined the appetite for markets on Friday, and the volcanic ash from Iceland keeps choking European markets. The airspace closure is seen putting Europe’s fragile recovery in danger, according to the most recent press reports. Hungary’s forint eased to above 265 against the euro again.
Far-Right Jobbik Gathers Perilous Clouds Over Hungary - International Press
- 14 Apr 2010 4:00 AM
- current affairs
"Hungary’s Socialist Party (MSZP) has received nearly 1.4 million votes less on Sunday, while centre-right Fidesz garnered almost 400,000 votes more than in the first round of the 2006 general elections. Fidesz looks set to gain a two-thirds majority in Parliament that would enable it to amend any legislation, including the constitution. Analysts expect the market reaction to be muted but ...
Hungary's Fidesz To Focus On Growth, Competitiveness
- 14 Apr 2010 4:00 AM
- current affairs
"Hungary’s budget deficit will reach the full-year target by the end of May and that, i.e. the real state of the economy, needs to be understood by the IMF, the European Commission and analysts too, said Viktor Orbán, who looks to be en route to shortly become Hungary’s next Prime Minister.
Credigen Bank Withdraws From Hungary
- 12 Apr 2010 3:00 AM
- business
"Credigen Bank, the Hungarian consumer finance unit of French Sofinco, has terminated its activities in Hungary. A major player on the local consumer loan market, it will complete collecting its outstanding debt and then withdraw from Hungary altogether, the bank confirmed to local news portal index.hu. It has contracts with such large retail chains as Tesco, Media Markt, Saturn and Extreme ...
U.S. Congressional Delegation Meets Hungarian Government Officials
- 12 Apr 2010 1:00 AM
- current affairs
"A bipartisan delegation of five U.S. Senators, headed by Byron L. Dorgan of North Dakota, visited Budapest on April 3, 2010. In a meeting with senior representatives of the Government of Hungary, the Senators underscored the importance of close Trans-Atlantic relations and welcomed Hungary’s continued commitment to NATO efforts.
Hungarian Firm Catches International Fever
- 9 Apr 2010 1:00 AM
- business
"During times of crisis, as many are all too familiar with, companies are forced to become more agile in order to survive. For many firms this has come down to cutting costs and focusing all available resources on sustaining business. Though these tactics may not be the ideal solution for young firms looking to grow their business, in many cases it’s done simply so the firm can stay afloat until ...
Hungary's Sziget Faces Tough Year, Ticket Prices To Go Up 20%
- 6 Apr 2010 6:00 AM
- entertainment
"Hungary’s leading festival organiser Sziget will not ease its grip on spending and will continue its crisis management measures implemented last year. It will keep its budget tight on this year’s Sziget Festival and focus on foreign advertisements, head of Sziget Kft. told business daily Világgazdaság.
Video: Hungarian PM Gordon Bajnai Defends His Economic Policies
- 30 Mar 2010 1:00 AM
- video
"The financial crisis hit Hungary hard. Severe cutbacks in social spending and higher taxes were implemented to revive the state budget. Prime Minister Gordon Bajnai managed to avoid insolvency and now has a new goal in sight: to introduce the Euro by 2014. There is a lot to do until then. Hungary's economy shrank by 9 percent last year. In an exclusive interview with 'Made in Germany', Gordon ...
Crisis Creates Appetite For Movies In Hungary
- 29 Mar 2010 3:00 AM
- entertainment
"How has the economic crisis changed movie-going patterns in Hungary? How come multiplex movie theatres are more successful in Slovakia than in Hungary? How can cinema operators keep audience numbers up in the age of torrent sites and affordable home theatre systems? Is 3D really the key to survival? Portfolio.hu has addressed these questions and more in an interview with V.J. Maury, Chief ...