949 result(s) for daily low
Hungary Plans To Introduce Low-Cost Internet Service
- 12 Nov 2015 12:55 AM
- tech
The government plans to introduce a low-cost basic internet service, drop the VAT on internet services to 18% and develop free Wi-Fi in all towns and villages, daily Magyar Idők said citing anonymous sources close to the government. Based on the findings of a public consultation about the internet and talks with market players, interest representation bodies in the sector and civil organisations, ...
New Poll: Over One-Third Of Hungarians Xenophobic
- 10 Nov 2015 8:00 AM
- current affairs
More than one-third of Hungarians are xenophobic, but hostility to outsiders is no greater now than it was in 2014, according to a recent survey by pollsters Tárki. Tárki senior researcher Endre Sik told Népszabadság that xenophobia is high, but was not increased by the government’s anti-refugee national consultation and poster campaign, nor the influx of migrants.
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 ...
National Bank of Hungary To Launch Growth Supporting Programme
- 4 Nov 2015 8:00 AM
- business
The National Bank of Hungary will launch a Growth Supporting Programme (GSP) in January with the aim of increasing the banking sector’s lending to small and medium-sized firms by 250-400 billion forints, or 5-10% of total corporate lending stock, in 2016. The GSP comprises the final phase of the NBH’s Funding for Growth Scheme (FGS) as well as a package of incentives for active lenders dubbed the ...
Budapest Court Reprimands Former Budapest Police Chief
- 30 Oct 2015 8:00 AM
- current affairs
The Budapest Capital Regional Court reprimanded two suspects and acquitted the other 12 in a hearing held in a criminal procedure against former police chiefs in connection with anti-government riots in 2006. In a non-binding ruling, the court handed down the reprimand, the lowest degree sentence, to former Budapest police chief Péter Gergényi, the second suspect, and Gábor Mittó, the former ...
Hungary Jobless Rate Down To 6.4% In July & Sept
- 29 Oct 2015 8:00 AM
- business
The average unemployment rate was 6.4% among Hungarians aged between 15 and 74 in July-September, the Central Statistical Office (KSH) said. The jobless rate went down from 7.4% in the same period a year earlier and from 6.9% in April-June. The number of unemployed averaged 292,700 during the reported period. The number of employed averaged 4,264,800. A total of 49.2% of the unemployed had been ...
National Bank Of Hungary May Keep Base Rate Unchanged Until 2018, 2019
- 28 Oct 2015 8:00 AM
- business
The National Bank of Hungary (NBH) may keep its base rate at a record-low 1.35% base rate until 2018 or even 2019, beyond its horizon for monetary policy, deputy governor Márton Nagy told Reuters. Nagy also said that the NBH will announce a set of incentives to boost business lending next Tuesday, and it expects to close a deal to acquire a majority stake in the Budapest Stock Exchange within ...
Stats Office: Hungary’s Population Still Declines
- 26 Oct 2015 12:00 AM
- current affairs
The number of births and deaths in Hungary rose during the first eight months of 2015 on an annual basis, but the death rate outstripped the number of births, the Central Statistical Office (KSH) said. Hungary’s population declined by 28,968 in the first eight months—at a 24.7% higher rate than in the same period of 2014.
Orbán: Hungarian Land Must Go To Farmers
- 20 Oct 2015 9:00 AM
- current affairs
Farmland should be entrusted to farmers, who know how to cultivate it, Prime Minister Viktor Orbán told Parliament on Monday, in his reply to opposition questions concerning the government’s programme of selling off stateowned plots. The prime minister said that some 20% of Hungary’s state-owned farmland would be sold out, and added that he thought that ratio was too low.
Hungary Plans To Introduce Low-Cost Internet Service
- 12 Nov 2015 12:55 AM
- tech
The government plans to introduce a low-cost basic internet service, drop the VAT on internet services to 18% and develop free Wi-Fi in all towns and villages, daily Magyar Idők said citing anonymous sources close to the government. Based on the findings of a public consultation about the internet and talks with market players, interest representation bodies in the sector and civil organisations, ...
New Poll: Over One-Third Of Hungarians Xenophobic
- 10 Nov 2015 8:00 AM
- current affairs
More than one-third of Hungarians are xenophobic, but hostility to outsiders is no greater now than it was in 2014, according to a recent survey by pollsters Tárki. Tárki senior researcher Endre Sik told Népszabadság that xenophobia is high, but was not increased by the government’s anti-refugee national consultation and poster campaign, nor the influx of migrants.
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 ...
National Bank of Hungary To Launch Growth Supporting Programme
- 4 Nov 2015 8:00 AM
- business
The National Bank of Hungary will launch a Growth Supporting Programme (GSP) in January with the aim of increasing the banking sector’s lending to small and medium-sized firms by 250-400 billion forints, or 5-10% of total corporate lending stock, in 2016. The GSP comprises the final phase of the NBH’s Funding for Growth Scheme (FGS) as well as a package of incentives for active lenders dubbed the ...
Budapest Court Reprimands Former Budapest Police Chief
- 30 Oct 2015 8:00 AM
- current affairs
The Budapest Capital Regional Court reprimanded two suspects and acquitted the other 12 in a hearing held in a criminal procedure against former police chiefs in connection with anti-government riots in 2006. In a non-binding ruling, the court handed down the reprimand, the lowest degree sentence, to former Budapest police chief Péter Gergényi, the second suspect, and Gábor Mittó, the former ...
Hungary Jobless Rate Down To 6.4% In July & Sept
- 29 Oct 2015 8:00 AM
- business
The average unemployment rate was 6.4% among Hungarians aged between 15 and 74 in July-September, the Central Statistical Office (KSH) said. The jobless rate went down from 7.4% in the same period a year earlier and from 6.9% in April-June. The number of unemployed averaged 292,700 during the reported period. The number of employed averaged 4,264,800. A total of 49.2% of the unemployed had been ...
National Bank Of Hungary May Keep Base Rate Unchanged Until 2018, 2019
- 28 Oct 2015 8:00 AM
- business
The National Bank of Hungary (NBH) may keep its base rate at a record-low 1.35% base rate until 2018 or even 2019, beyond its horizon for monetary policy, deputy governor Márton Nagy told Reuters. Nagy also said that the NBH will announce a set of incentives to boost business lending next Tuesday, and it expects to close a deal to acquire a majority stake in the Budapest Stock Exchange within ...
Stats Office: Hungary’s Population Still Declines
- 26 Oct 2015 12:00 AM
- current affairs
The number of births and deaths in Hungary rose during the first eight months of 2015 on an annual basis, but the death rate outstripped the number of births, the Central Statistical Office (KSH) said. Hungary’s population declined by 28,968 in the first eight months—at a 24.7% higher rate than in the same period of 2014.
Orbán: Hungarian Land Must Go To Farmers
- 20 Oct 2015 9:00 AM
- current affairs
Farmland should be entrusted to farmers, who know how to cultivate it, Prime Minister Viktor Orbán told Parliament on Monday, in his reply to opposition questions concerning the government’s programme of selling off stateowned plots. The prime minister said that some 20% of Hungary’s state-owned farmland would be sold out, and added that he thought that ratio was too low.