3,147 result(s) for economy
Awards for Successful Hungarian Enterprises, June-July 2015
- 4 Sep 2015 9:00 AM
- business
The Government holds enterprises in high esteem and helps them to extra funding by publishing calls for tender of operative programmes until the summer of 2017, Minister for National Economy Mihály Varga said at the presentation ceremony of the Awards for Successful Enterprises in Budapest at which the Minister this time honoured tourism enterprises.
Retail Sales On Rise For 2+ Years In Hungary
- 4 Sep 2015 9:00 AM
- shopping
The volume of retail sales has been up for more than two years in Hungary and the volume growth registered in the month of July was the largest since the onset of the crisis, Minister of State for Economic Regulation Béla Glattfelder told public news channel M1, commenting on the latest data published by the Hungarian Central Statistical Office (KSH).
Xpat Opinion: Migrants Seeking Home Show Hope At Keleti
- 2 Sep 2015 4:00 AM
- community & culture
By Liz Frommer: Over 2,000 immigrants packed Budapest's Keleti railway station this past Sunday night, a stark reminder of Europe's current immigration debacle. Mostly hidden under the main square, the juxtaposition of the hundreds of families stranded in tents, hungry and worn, with the luminous facade of Keleti's 19th century station was eerie. Strewn about this vast passageway leading ...
Hungary Spending HUF 33bn To Restore Castles & Palaces For Tourists
- 1 Sep 2015 9:00 AM
- getting around
The Hungarian government is launching a HUF 33bn (USD 11.8m) programme to restore dozens of castles and palaces across the country for touristic purposes. Under the scheme, historic buildings can apply for support between HUF 50m and HUF 1.5bn, or HUF 3bn in the case of world heritage sites.
Hungary’s Central Bank Keeps Base Rate On Hold At 1.35%, As Expected
- 26 Aug 2015 9:00 AM
- business
Hungarian rate-setters on Tuesday kept the central bank’s key rate on hold at 1.35%, as expected. The decision was widely expected, after the rate-setters clearly signalled an end to an easing cycle at the previous monthly policy meeting. Central bank governor György Matolcsy said at the time that the earlier series of 15 basis point cuts carried out for five consecutive months would soon come to ...
Fidesz: Gyurcsány “Lobbying Against Hungarians” In Brussels
- 14 Aug 2015 9:00 AM
- current affairs
Former premier Ferenc Gyurcsány and the opposition Democratic Coalition (DK), the party he leads, are lobbying in Brussels to “get Hungarians punished”, the ruling Fidesz party said, responding to DK deputy leader László Varjú’s press conference earlier in the day in which he said the government’s reforms in development policy - also criticised by the European Commission - had failed.
Diplomats Discuss Corruption Issues At Sziget Festival Budapest
- 14 Aug 2015 9:00 AM
- current affairs
Diplomats of several western countries noted the grave social and economic consequences of corruption at a press conference held at the Sziget Festival. Senior embassy staff of France, the Netherlands and Great Britain discussed the importance of fighting corruption at a press conference organised by Transparency International Hungary.
Afghan Embassy Budapest Closed Last Month
- 12 Aug 2015 9:00 AM
- current affairs
The Afghan embassy in Budapest closed on July 1 for reasons of economy, the Foreign Ministry confirmed on Tuesday. It said the embassy closed, presumably because the Afghan government is cutting its network of embassies for financial reasons. There are some 2,000 Afghans among the 5,000-6,000 asylum seekers staying in Hungary, according to the Helsinki Committee.
Proposal For Early Retirement For Hungarian Men “Irresponsible”
- 5 Aug 2015 9:00 AM
- current affairs
Calls to allow men to retire after 40 years are “irresponsible”, the head of Hungary’s Chamber of Commerce and Industry said. Hungary’s biggest challenge in the past few years has been to maintain the budget balance, László Parragh told public television news channel M1, adding that lowering the retirement age would reduce tax revenues insupportably and erode the national pension fund.
Awards for Successful Hungarian Enterprises, June-July 2015
- 4 Sep 2015 9:00 AM
- business
The Government holds enterprises in high esteem and helps them to extra funding by publishing calls for tender of operative programmes until the summer of 2017, Minister for National Economy Mihály Varga said at the presentation ceremony of the Awards for Successful Enterprises in Budapest at which the Minister this time honoured tourism enterprises.
Retail Sales On Rise For 2+ Years In Hungary
- 4 Sep 2015 9:00 AM
- shopping
The volume of retail sales has been up for more than two years in Hungary and the volume growth registered in the month of July was the largest since the onset of the crisis, Minister of State for Economic Regulation Béla Glattfelder told public news channel M1, commenting on the latest data published by the Hungarian Central Statistical Office (KSH).
Xpat Opinion: Migrants Seeking Home Show Hope At Keleti
- 2 Sep 2015 4:00 AM
- community & culture
By Liz Frommer: Over 2,000 immigrants packed Budapest's Keleti railway station this past Sunday night, a stark reminder of Europe's current immigration debacle. Mostly hidden under the main square, the juxtaposition of the hundreds of families stranded in tents, hungry and worn, with the luminous facade of Keleti's 19th century station was eerie. Strewn about this vast passageway leading ...
Hungary Spending HUF 33bn To Restore Castles & Palaces For Tourists
- 1 Sep 2015 9:00 AM
- getting around
The Hungarian government is launching a HUF 33bn (USD 11.8m) programme to restore dozens of castles and palaces across the country for touristic purposes. Under the scheme, historic buildings can apply for support between HUF 50m and HUF 1.5bn, or HUF 3bn in the case of world heritage sites.
Hungary’s Central Bank Keeps Base Rate On Hold At 1.35%, As Expected
- 26 Aug 2015 9:00 AM
- business
Hungarian rate-setters on Tuesday kept the central bank’s key rate on hold at 1.35%, as expected. The decision was widely expected, after the rate-setters clearly signalled an end to an easing cycle at the previous monthly policy meeting. Central bank governor György Matolcsy said at the time that the earlier series of 15 basis point cuts carried out for five consecutive months would soon come to ...
Fidesz: Gyurcsány “Lobbying Against Hungarians” In Brussels
- 14 Aug 2015 9:00 AM
- current affairs
Former premier Ferenc Gyurcsány and the opposition Democratic Coalition (DK), the party he leads, are lobbying in Brussels to “get Hungarians punished”, the ruling Fidesz party said, responding to DK deputy leader László Varjú’s press conference earlier in the day in which he said the government’s reforms in development policy - also criticised by the European Commission - had failed.
Diplomats Discuss Corruption Issues At Sziget Festival Budapest
- 14 Aug 2015 9:00 AM
- current affairs
Diplomats of several western countries noted the grave social and economic consequences of corruption at a press conference held at the Sziget Festival. Senior embassy staff of France, the Netherlands and Great Britain discussed the importance of fighting corruption at a press conference organised by Transparency International Hungary.
Afghan Embassy Budapest Closed Last Month
- 12 Aug 2015 9:00 AM
- current affairs
The Afghan embassy in Budapest closed on July 1 for reasons of economy, the Foreign Ministry confirmed on Tuesday. It said the embassy closed, presumably because the Afghan government is cutting its network of embassies for financial reasons. There are some 2,000 Afghans among the 5,000-6,000 asylum seekers staying in Hungary, according to the Helsinki Committee.
Proposal For Early Retirement For Hungarian Men “Irresponsible”
- 5 Aug 2015 9:00 AM
- current affairs
Calls to allow men to retire after 40 years are “irresponsible”, the head of Hungary’s Chamber of Commerce and Industry said. Hungary’s biggest challenge in the past few years has been to maintain the budget balance, László Parragh told public television news channel M1, adding that lowering the retirement age would reduce tax revenues insupportably and erode the national pension fund.