2,018 result(s) for cut
Rétvári: Patients Saved Over HUF10bn On Drugs In Five Years
- 2 May 2016 9:00 AM
- health & wellness
Reforms in Hungary’s drugs fund saved over 10 billion forints (EUR 32.2m) for patients since 2011, with price cuts on 760 drugs in the past two years, human resources ministry state secretary Bence Rétvári said. The government has focused on reducing patients’ spending on drugs ever since 2010 and, due to the measures introduced, burdens decreased annually, he said.
Govt To Increase School Manager, Higher-Ed Funds
- 2 May 2016 9:00 AM
- current affairs
The government in 2017 will increase spending on the state school manager and higher education by 103 billion forints (EUR 330m) and 43 billion forints, respectively, the state secretary for education said. László Palkovics said that contrary to press reports, the government had no plans to cut spending on state school manager Klik, and pointed out that the institution had received 96 billion ...
IMF Urges Policy Reform To Improve Investment Climate
- 2 May 2016 9:00 AM
- current affairs
The International Monetary Fund (IMF) called for structural policies to improve the investment climate, enhance competitiveness and address weaknesses in the labour market in a report following scheduled consultations. “Increased market confidence and enhanced competitiveness would lift private investment, including from abroad.
Cabinet Approves Bill To Ban Uber
- 2 May 2016 5:00 AM
- getting around
The government is acting to ban access to the Uber application and website and those of similar taxi service companies, Development Ministry state secretary János Fónagy announced on Friday. He said the cabinet approved a bill to that effect on Wednesday that will be filed in Parliament on Monday.
Review: Édesmindegy Dessert Bar In Downtown Budapest
- 28 Apr 2016 12:45 PM
- food & drink
Warm apple crumble, thick pieces of cake made up of tempting layers of chocolate sponge cake, cream, fresh cream-cheese and peanut butter, or a light Baiser tartlet covered with mascarpone and fresh fruits – the cakes and desserts at Édesmindegy will simply melt your heart. The dessert bar, which opened in 2013 near the banks of the Danube, is just the place to be for sweet-tooths.
City Council Cuts Budapest Festival Orchestra Funding By HUF 200 M
- 28 Apr 2016 9:00 AM
- community & culture
The Budapest general assembly voted to cut funding for the internationally celebrated Budapest Festival Orchestra from last year’s 260 million forints (EUR 840,000) to 60 million forints. Budapest Deputy Mayor Alexandra Szalay- Bobrovniczky said in the debate on the orchestra’s funding that it receives a significant amount of state support alongside the money it gets from the city.
Hungarian CBank Cuts Base Rate 15 Bp
- 27 Apr 2016 9:00 AM
- business
Hungarian rate-setters cut the base rate by 15 basis points to 1.05% at a meeting on Tuesday, in line with market expectations. The National Bank of Hungary’s Monetary Council also narrowed its interest rate corridor, a band around the base rate that prevents extreme fluctuations of interbank rates, bringing the overnight collateralised loan rate to 1.30% while keeping the O/N central bank ...
The 2016 V4 International Bicycle Race Started In Budapest
- 27 Apr 2016 9:00 AM
- sport
The Hungarian stage of the fourth V4 International Bicycle Race took place on 23 April. At the opening ceremony Kristóf Altusz, Deputy State Secretary for European and American Affairs emphasised the significance of the 25-year-old Visegrad Cooperation.
Varga: Govt To Mull Single-Digit Income Tax In 2017
- 26 Apr 2016 9:00 AM
- business
The question whether to introduce a single-digit income tax will be broached next year, the economy minister said in an interview to business daily Világgazdaság. Mihály Varga said that reducing the tax from the current 15% would lead to revenue losses amounting to 600 billion forints (EUR 1.9bn). But if the rate of growth stays on its current trajectory and the government succeeds in ...
Rétvári: Patients Saved Over HUF10bn On Drugs In Five Years
- 2 May 2016 9:00 AM
- health & wellness
Reforms in Hungary’s drugs fund saved over 10 billion forints (EUR 32.2m) for patients since 2011, with price cuts on 760 drugs in the past two years, human resources ministry state secretary Bence Rétvári said. The government has focused on reducing patients’ spending on drugs ever since 2010 and, due to the measures introduced, burdens decreased annually, he said.
Govt To Increase School Manager, Higher-Ed Funds
- 2 May 2016 9:00 AM
- current affairs
The government in 2017 will increase spending on the state school manager and higher education by 103 billion forints (EUR 330m) and 43 billion forints, respectively, the state secretary for education said. László Palkovics said that contrary to press reports, the government had no plans to cut spending on state school manager Klik, and pointed out that the institution had received 96 billion ...
IMF Urges Policy Reform To Improve Investment Climate
- 2 May 2016 9:00 AM
- current affairs
The International Monetary Fund (IMF) called for structural policies to improve the investment climate, enhance competitiveness and address weaknesses in the labour market in a report following scheduled consultations. “Increased market confidence and enhanced competitiveness would lift private investment, including from abroad.
Cabinet Approves Bill To Ban Uber
- 2 May 2016 5:00 AM
- getting around
The government is acting to ban access to the Uber application and website and those of similar taxi service companies, Development Ministry state secretary János Fónagy announced on Friday. He said the cabinet approved a bill to that effect on Wednesday that will be filed in Parliament on Monday.
Review: Édesmindegy Dessert Bar In Downtown Budapest
- 28 Apr 2016 12:45 PM
- food & drink
Warm apple crumble, thick pieces of cake made up of tempting layers of chocolate sponge cake, cream, fresh cream-cheese and peanut butter, or a light Baiser tartlet covered with mascarpone and fresh fruits – the cakes and desserts at Édesmindegy will simply melt your heart. The dessert bar, which opened in 2013 near the banks of the Danube, is just the place to be for sweet-tooths.
City Council Cuts Budapest Festival Orchestra Funding By HUF 200 M
- 28 Apr 2016 9:00 AM
- community & culture
The Budapest general assembly voted to cut funding for the internationally celebrated Budapest Festival Orchestra from last year’s 260 million forints (EUR 840,000) to 60 million forints. Budapest Deputy Mayor Alexandra Szalay- Bobrovniczky said in the debate on the orchestra’s funding that it receives a significant amount of state support alongside the money it gets from the city.
Hungarian CBank Cuts Base Rate 15 Bp
- 27 Apr 2016 9:00 AM
- business
Hungarian rate-setters cut the base rate by 15 basis points to 1.05% at a meeting on Tuesday, in line with market expectations. The National Bank of Hungary’s Monetary Council also narrowed its interest rate corridor, a band around the base rate that prevents extreme fluctuations of interbank rates, bringing the overnight collateralised loan rate to 1.30% while keeping the O/N central bank ...
The 2016 V4 International Bicycle Race Started In Budapest
- 27 Apr 2016 9:00 AM
- sport
The Hungarian stage of the fourth V4 International Bicycle Race took place on 23 April. At the opening ceremony Kristóf Altusz, Deputy State Secretary for European and American Affairs emphasised the significance of the 25-year-old Visegrad Cooperation.
Varga: Govt To Mull Single-Digit Income Tax In 2017
- 26 Apr 2016 9:00 AM
- business
The question whether to introduce a single-digit income tax will be broached next year, the economy minister said in an interview to business daily Világgazdaság. Mihály Varga said that reducing the tax from the current 15% would lead to revenue losses amounting to 600 billion forints (EUR 1.9bn). But if the rate of growth stays on its current trajectory and the government succeeds in ...