949 result(s) for daily low
Municipal Court Sentences Man In Connection With Bunge Case
- 8 Jun 2016 9:00 AM
- current affairs
The Municipal Court sentenced a man for soliciting payment from a US company based in Hungary in return for using his influence to lower the VAT rate on cooking oil. In the non-binding ruling, the man was handed a two-year prison sentence suspended for three years. The charges were brought in December last year.
Socialists Slam ‘Wasteful Spending’
- 6 Jun 2016 9:00 AM
- current affairs
The opposition Socialists savaged the ruling Fidesz party for what they insisted is an economic slowdown in Hungary coupled with the low financing of public services. “While companies linked to Prime Minister Viktor Orbán and his friends operate with 35-40% profits, developments in the public sector and investments in hospitals, schools and social institutions are being reduced at a similar ...
OECD Lowers Hungary Forecast For 2016 GDP Growth
- 2 Jun 2016 9:00 AM
- business
The OECD has lowered its growth forecast for Hungary’s economy to 1.6% from 2.4% in the previous Economic Outlook released in November 2015. In its new report, the OECD maintained its 3.1% projection for Hungarian GDP growth next year. The organisation said “growth is projected to moderate in 2016 due to a temporary contraction in public investment as a new cycle of EU structural funds commences, ...
Norbi To Leave The Budapest Stock Exchange
- 1 Jun 2016 9:00 AM
- business
The majority owners of Norbi Update Lowcarb decided to delist their company shares from the Budapest Stock Exchange (BSE), chairman Norbert Schobert announced at the AGM of the nutrition supplement company on Tuesday.
Hungary Among Less Drug-Afflicted European Countries
- 1 Jun 2016 9:00 AM
- health & wellness
Hungary is among the less drug afflicted countries in Europe, according to a fresh report by the European Monitoring Centre for Drugs and Drug Addiction (EMCDDA). The 2016 report was based on expert analysis and anonymous accounts of drug users.
Moody’s: Improved Employment, Higher Real Wages Positive For Banks
- 31 May 2016 9:00 AM
- business
Lower unemployment, higher employment and rising real wages should positively impact Hungary’s banking sector, ratings agency Moody’s said in an analysis. Higher real wages is credit positive for banks because it enhances households’ ability to service their bank loans and will help reduce banks’ nonperforming retail loans.
Fearing Migrants, Growing Number Of Germans Move To Hungary
- 27 May 2016 9:00 AM
- current affairs
More and more Germans are moving to the Lake Balaton area in Hungary due to their dissatisfaction with the German government’s asylum policy and a fear of migrants, German public service broadcaster Bayerische Rundfunk (BR) said. BR quoted several real estate agents from around the Balaton area as saying that they have noticed a surge in German clients since last September.
Report: Charge To Drive In Budapest May Await Elections
- 24 May 2016 9:00 AM
- getting around
Though officials have been discussing congestion charges downtown Budapest for a few years, the Hungarian government is not expected to introduce such measure before the 2018 elections, as it could hurt the popularity of governing party Fidesz, Hungarian online daily origo.hu reported today citing unnamed sources.
Home Prices Rise 14 Pc In Hungary
- 17 May 2016 9:00 AM
- property
Home prices rose by 14 percent on average in Hungary from a year earlier, the biggest increase seen in a European Union member state, according to FHB’s latest home price index analysis. The average price of a resale home in Budapest, the most expensive area in the country, was 16.3 million forints in the third quarter of 2015 while the average home price in northern Hungary was 5.8 million ...
Municipal Court Sentences Man In Connection With Bunge Case
- 8 Jun 2016 9:00 AM
- current affairs
The Municipal Court sentenced a man for soliciting payment from a US company based in Hungary in return for using his influence to lower the VAT rate on cooking oil. In the non-binding ruling, the man was handed a two-year prison sentence suspended for three years. The charges were brought in December last year.
Socialists Slam ‘Wasteful Spending’
- 6 Jun 2016 9:00 AM
- current affairs
The opposition Socialists savaged the ruling Fidesz party for what they insisted is an economic slowdown in Hungary coupled with the low financing of public services. “While companies linked to Prime Minister Viktor Orbán and his friends operate with 35-40% profits, developments in the public sector and investments in hospitals, schools and social institutions are being reduced at a similar ...
OECD Lowers Hungary Forecast For 2016 GDP Growth
- 2 Jun 2016 9:00 AM
- business
The OECD has lowered its growth forecast for Hungary’s economy to 1.6% from 2.4% in the previous Economic Outlook released in November 2015. In its new report, the OECD maintained its 3.1% projection for Hungarian GDP growth next year. The organisation said “growth is projected to moderate in 2016 due to a temporary contraction in public investment as a new cycle of EU structural funds commences, ...
Norbi To Leave The Budapest Stock Exchange
- 1 Jun 2016 9:00 AM
- business
The majority owners of Norbi Update Lowcarb decided to delist their company shares from the Budapest Stock Exchange (BSE), chairman Norbert Schobert announced at the AGM of the nutrition supplement company on Tuesday.
Hungary Among Less Drug-Afflicted European Countries
- 1 Jun 2016 9:00 AM
- health & wellness
Hungary is among the less drug afflicted countries in Europe, according to a fresh report by the European Monitoring Centre for Drugs and Drug Addiction (EMCDDA). The 2016 report was based on expert analysis and anonymous accounts of drug users.
Moody’s: Improved Employment, Higher Real Wages Positive For Banks
- 31 May 2016 9:00 AM
- business
Lower unemployment, higher employment and rising real wages should positively impact Hungary’s banking sector, ratings agency Moody’s said in an analysis. Higher real wages is credit positive for banks because it enhances households’ ability to service their bank loans and will help reduce banks’ nonperforming retail loans.
Fearing Migrants, Growing Number Of Germans Move To Hungary
- 27 May 2016 9:00 AM
- current affairs
More and more Germans are moving to the Lake Balaton area in Hungary due to their dissatisfaction with the German government’s asylum policy and a fear of migrants, German public service broadcaster Bayerische Rundfunk (BR) said. BR quoted several real estate agents from around the Balaton area as saying that they have noticed a surge in German clients since last September.
Report: Charge To Drive In Budapest May Await Elections
- 24 May 2016 9:00 AM
- getting around
Though officials have been discussing congestion charges downtown Budapest for a few years, the Hungarian government is not expected to introduce such measure before the 2018 elections, as it could hurt the popularity of governing party Fidesz, Hungarian online daily origo.hu reported today citing unnamed sources.
Home Prices Rise 14 Pc In Hungary
- 17 May 2016 9:00 AM
- property
Home prices rose by 14 percent on average in Hungary from a year earlier, the biggest increase seen in a European Union member state, according to FHB’s latest home price index analysis. The average price of a resale home in Budapest, the most expensive area in the country, was 16.3 million forints in the third quarter of 2015 while the average home price in northern Hungary was 5.8 million ...