1,110 result(s) for developments
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, ...
Official Reports Improved Roma Poverty Indicators
- 1 Jun 2016 9:00 AM
- current affairs
Poverty risk indicators for the Roma population have significantly declined in the past 2-3 years, an official at the human resources ministry said. The proportion of Roma experiencing income poverty fell from 68% to 63% while in-work poverty rate fell from 43% to 27% and the deprivation rate from 78% to 68%, state secretary Károly Czibere told a meeting of the Roma Coordination Council.
Hungary Investment Volume Down 9.6% In Q1
- 31 May 2016 9:00 AM
- business
Investment volume in Hungary fell by an annual 9.6% in the first quarter of 2016, the Central Statistical Office said. Investment volume fell after growing by 7% in the fourth quarter of 2015. Investment contraction was mainly due to the winding up of developments financed from European Union resources, which affected investments by central budget organisations to a larger extent. In areas less ...
EU Data Protection Chiefs Meet In Budapest
- 27 May 2016 9:00 AM
- current affairs
European Union data protection chiefs began a two-day conference in Budapest on Thursday to discuss, among other topics, the EU’s new data protection law and the balance between privacy and security. Hungarian data protection commissioner Attila Péterfalvi said Hungary will present at the conference a new audit-like method with which it can keep the activities of national security services under ...
Xpat Opinion: Uproar Over First Statement By New Austrian Chancellor On Hungary
- 27 May 2016 8:00 AM
- current affairs
A conservative columnist is outraged by a remark attributed to Mr Christian Kern who was quoted to have accused Hungarian PM Viktor Orbán of running a state built on Führerprinzip. Verbatim transcripts show that Mr Kern’s remark was milder than reported.
Beach Season Started In Budapest
- 26 May 2016 9:16 AM
- health & wellness
The beach zones of Palatinus and Dagály bath are already open and the wave pool is also operates The beaches at Csillaghegy and Paskál baths open on May 28th, the beaches of the Római beach and Pünkösdfürdő open on June 4th.
Ferencváros Block Rehabilitation Has Won A Property Development Oscar
- 26 May 2016 9:00 AM
- property
Press release: The Ferencváros block rehabilitation scheme launched in 1990 has won the most eminent international accolade in the architecture profession, the FIABCI Prix d’Excellence for the year 2016. Top architectural achievements are recognised by the international award, equivalent to an Oscar in the profession, and for the first time in the 61 years since its inception, a Hungarian entry ...
Xpat Opinion: Speculation About President Áder’s Future
- 24 May 2016 9:00 AM
- current affairs
Commentators give credence to rumours that the Prime Minister doesn’t want Mr Áder to be re-elected next year. Opinions diverge, however about the reasons and one source claims that the President took the job four years ago for a single term anyway.
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, ...
Official Reports Improved Roma Poverty Indicators
- 1 Jun 2016 9:00 AM
- current affairs
Poverty risk indicators for the Roma population have significantly declined in the past 2-3 years, an official at the human resources ministry said. The proportion of Roma experiencing income poverty fell from 68% to 63% while in-work poverty rate fell from 43% to 27% and the deprivation rate from 78% to 68%, state secretary Károly Czibere told a meeting of the Roma Coordination Council.
Hungary Investment Volume Down 9.6% In Q1
- 31 May 2016 9:00 AM
- business
Investment volume in Hungary fell by an annual 9.6% in the first quarter of 2016, the Central Statistical Office said. Investment volume fell after growing by 7% in the fourth quarter of 2015. Investment contraction was mainly due to the winding up of developments financed from European Union resources, which affected investments by central budget organisations to a larger extent. In areas less ...
EU Data Protection Chiefs Meet In Budapest
- 27 May 2016 9:00 AM
- current affairs
European Union data protection chiefs began a two-day conference in Budapest on Thursday to discuss, among other topics, the EU’s new data protection law and the balance between privacy and security. Hungarian data protection commissioner Attila Péterfalvi said Hungary will present at the conference a new audit-like method with which it can keep the activities of national security services under ...
Xpat Opinion: Uproar Over First Statement By New Austrian Chancellor On Hungary
- 27 May 2016 8:00 AM
- current affairs
A conservative columnist is outraged by a remark attributed to Mr Christian Kern who was quoted to have accused Hungarian PM Viktor Orbán of running a state built on Führerprinzip. Verbatim transcripts show that Mr Kern’s remark was milder than reported.
Beach Season Started In Budapest
- 26 May 2016 9:16 AM
- health & wellness
The beach zones of Palatinus and Dagály bath are already open and the wave pool is also operates The beaches at Csillaghegy and Paskál baths open on May 28th, the beaches of the Római beach and Pünkösdfürdő open on June 4th.
Ferencváros Block Rehabilitation Has Won A Property Development Oscar
- 26 May 2016 9:00 AM
- property
Press release: The Ferencváros block rehabilitation scheme launched in 1990 has won the most eminent international accolade in the architecture profession, the FIABCI Prix d’Excellence for the year 2016. Top architectural achievements are recognised by the international award, equivalent to an Oscar in the profession, and for the first time in the 61 years since its inception, a Hungarian entry ...
Xpat Opinion: Speculation About President Áder’s Future
- 24 May 2016 9:00 AM
- current affairs
Commentators give credence to rumours that the Prime Minister doesn’t want Mr Áder to be re-elected next year. Opinions diverge, however about the reasons and one source claims that the President took the job four years ago for a single term anyway.