3,147 result(s) for economy
Survey: Majority Supports Govt Crackdown On Black Economy
- 17 Aug 2016 9:00 AM
- current affairs
The vast majority of Hungarians support the government’s crackdown on the shadow economy but many do not consider the infrastructure needed to tackle grey and black markets sufficiently developed, a survey released by the Nézőpont Institute showed.
Hungarian Economist Calls Paks II “A National Tragedy”
- 15 Aug 2016 9:00 AM
- current affairs
Translation of György Nej’s interview with Hungarian economist Mária Zita Petschnig published in 168 óra on 18 July 2014 under the title “National Tragedy: We may leave the EU.” President Áder János signed into law the agreement pertaining to the the Paks II loan agreement, although the Hungarian Wire Office (MTI) neglected to report it. Was it really so unimportant? The project, together with ...
Xpat Opinion: Strange Times (In Hungary)? We’ve Been Here Before
- 10 Aug 2016 9:00 AM
- current affairs
By Tom Popper, Managing Editor, Budapest Business Journal: The news may sound surprising, but it really isn’t. We have been here before. In what has become an annual tradition, Hungarian Prime Minister Viktor Orbán went to his party’s summer retreat in Baile Tusnad, Romania, and gave a speech designed to shock. This time Orbán endorsed the American presidential campaign of Donald Trump, the ...
Hungary: Summer Festivals Cash In
- 10 Aug 2016 1:00 AM
- entertainment
Summer in the country means it’s time to make some money with a music festival. Hungary has an every growing number of such events. Typical is the ‘Jazz Picnic’ in the village of Paloznark, which has just 500 inhabitants. Hosting the annual festival brings in as many as 10,000 visitors, boosting the local economy with the equivalent of over 60,000 euros just in ticket sales.
Socialists Slam Govt For 600,000 Hungarians Leaving To Work Abroad
- 8 Aug 2016 9:00 AM
- current affairs
The Orban government’s “impotence” has resulted in 600,000 Hungarians leaving the country to make a living abroad while there is a shortage of manpower in Hungary, the opposition Socialists said. The government has been unable to “create a real economy” here, Socialist deputy leader Nándor Gúr said.
Varga: No Hurry To Adopt Euro
- 5 Aug 2016 9:00 AM
- business
Mihály Varga, the economy minister, said Hungary is in no hurry to adopt the euro and will not join the ERM-II system next year. In an interview to Figyelő he said adopting the euro in 2020 would be hasty from the economy’s point of view, adding that competitiveness must be improved first.
Hungary Retail Sales Up 5.7 Pc In June
- 4 Aug 2016 10:00 AM
- shopping
Retail sales in Hungary climbed by 5.7 percent in June from the same month a year earlier, preliminary data released by the Central Statistical Office (KSH) on Wednesday show. Retail sales also rose by 5.7 percent year on year when adjusted for calendar year effects. The pace slowed from an unadjusted 6.8 percent and was unchanged from a calendar-year-adjusted 5.7 percent rise in May.
RIP: Iris Zwack - Novelist & Promoter of Hungarian Modern Art
- 2 Aug 2016 12:00 PM
Iris Masters Zwack has spent her entire adult life living out of a suitcase. From the age of 15, when she moved to Italy to be with her Hungarian father and his wife, Anne when all hell broke loose in terms of travel. She has lived in many cities for long periods of time. From Chicago to New York City, to Florence, then Rome, Boston, Seattle and most importantly Budapest, which she started ...
Millenáris Park To Be Expanded
- 1 Aug 2016 9:00 AM
- current affairs
Work will soon start on expanding the Millenáris Park in the 2nd district in Buda, with a deep garage for 500 cars and landscaped gardens among the plans, the economy minister said. The designs for the 2.5 hectare site are ready and the procedure for obtaining the relevant permits is under way, Mihály Varga, the MP who represents the 2nd and 3rd districts of Budapest, said.
Survey: Majority Supports Govt Crackdown On Black Economy
- 17 Aug 2016 9:00 AM
- current affairs
The vast majority of Hungarians support the government’s crackdown on the shadow economy but many do not consider the infrastructure needed to tackle grey and black markets sufficiently developed, a survey released by the Nézőpont Institute showed.
Hungarian Economist Calls Paks II “A National Tragedy”
- 15 Aug 2016 9:00 AM
- current affairs
Translation of György Nej’s interview with Hungarian economist Mária Zita Petschnig published in 168 óra on 18 July 2014 under the title “National Tragedy: We may leave the EU.” President Áder János signed into law the agreement pertaining to the the Paks II loan agreement, although the Hungarian Wire Office (MTI) neglected to report it. Was it really so unimportant? The project, together with ...
Xpat Opinion: Strange Times (In Hungary)? We’ve Been Here Before
- 10 Aug 2016 9:00 AM
- current affairs
By Tom Popper, Managing Editor, Budapest Business Journal: The news may sound surprising, but it really isn’t. We have been here before. In what has become an annual tradition, Hungarian Prime Minister Viktor Orbán went to his party’s summer retreat in Baile Tusnad, Romania, and gave a speech designed to shock. This time Orbán endorsed the American presidential campaign of Donald Trump, the ...
Hungary: Summer Festivals Cash In
- 10 Aug 2016 1:00 AM
- entertainment
Summer in the country means it’s time to make some money with a music festival. Hungary has an every growing number of such events. Typical is the ‘Jazz Picnic’ in the village of Paloznark, which has just 500 inhabitants. Hosting the annual festival brings in as many as 10,000 visitors, boosting the local economy with the equivalent of over 60,000 euros just in ticket sales.
Socialists Slam Govt For 600,000 Hungarians Leaving To Work Abroad
- 8 Aug 2016 9:00 AM
- current affairs
The Orban government’s “impotence” has resulted in 600,000 Hungarians leaving the country to make a living abroad while there is a shortage of manpower in Hungary, the opposition Socialists said. The government has been unable to “create a real economy” here, Socialist deputy leader Nándor Gúr said.
Varga: No Hurry To Adopt Euro
- 5 Aug 2016 9:00 AM
- business
Mihály Varga, the economy minister, said Hungary is in no hurry to adopt the euro and will not join the ERM-II system next year. In an interview to Figyelő he said adopting the euro in 2020 would be hasty from the economy’s point of view, adding that competitiveness must be improved first.
Hungary Retail Sales Up 5.7 Pc In June
- 4 Aug 2016 10:00 AM
- shopping
Retail sales in Hungary climbed by 5.7 percent in June from the same month a year earlier, preliminary data released by the Central Statistical Office (KSH) on Wednesday show. Retail sales also rose by 5.7 percent year on year when adjusted for calendar year effects. The pace slowed from an unadjusted 6.8 percent and was unchanged from a calendar-year-adjusted 5.7 percent rise in May.
RIP: Iris Zwack - Novelist & Promoter of Hungarian Modern Art
- 2 Aug 2016 12:00 PM
Iris Masters Zwack has spent her entire adult life living out of a suitcase. From the age of 15, when she moved to Italy to be with her Hungarian father and his wife, Anne when all hell broke loose in terms of travel. She has lived in many cities for long periods of time. From Chicago to New York City, to Florence, then Rome, Boston, Seattle and most importantly Budapest, which she started ...
Millenáris Park To Be Expanded
- 1 Aug 2016 9:00 AM
- current affairs
Work will soon start on expanding the Millenáris Park in the 2nd district in Buda, with a deep garage for 500 cars and landscaped gardens among the plans, the economy minister said. The designs for the 2.5 hectare site are ready and the procedure for obtaining the relevant permits is under way, Mihály Varga, the MP who represents the 2nd and 3rd districts of Budapest, said.