3,147 result(s) for economy
Hungarian Govt To Launch Information Campaign On Reforms
- 9 Jul 2015 9:00 AM
- current affairs
The government has decided to launch an information campaign to make clear that Hungarian reforms are working well and that Hungary has benefitted from having chosen its own path in 2010, the government spokesman told a press conference. Zoltán Kovács said the aim of the campaign, starting in the next few days and lasting until the end of September, is to highlight family and tax policy reforms, ...
Summer Festivals Receive Nearly HUF 500m From State
- 7 Jul 2015 5:06 AM
- community & culture
Hungary’s summer festivals are receiving a total of nearly 500 million forints (EUR 1.6m) state support this year, an official of the Ministry of Human Resources said. State secretary Bence Rétvári told a press conference that the Sziget Festival in Budapest, the Volt Festival in Sopron in western Hungary and the Balaton Sound festival are getting a combined 150 million forints (EUR 476,000).
Hungarian Forint Steady Despite Greek Turbulence
- 7 Jul 2015 5:01 AM
- business
Greek woes may mean some temporary weakness for the Hungarian currency but it is set to firm in the medium term, analysts say after a brief wobble. The forint showed resilience on Monday, trading at 316.06 to the euro late in the day, down from 314.68 on Friday but up from 316.44 late Sunday. It hit an intraday low of 317.12 on Monday.
Quota Introduced For Non-EU Citizens Working In Hungary
- 6 Jul 2015 9:00 AM
- business
The economy ministry has set a quota for the number of non-European Union citizens that can be employed in Hungary, a decision published in the official gazette Magyar Közlöny shows. According to the new legal regulation, the number of non- EU citizens employed in Hungary simultaneously must not exceed the monthly average labour demand reported in the previous year.
Hungarian Econ Ministry Expects 20,000 Students In Vocational Training
- 2 Jul 2015 9:00 AM
- community & culture
The economy ministry is expecting the number of students taking part in vocational training to grow from 50,000 to 70,000 over the next four years, a ministry deputy state secretary told public news channel M1. The economic chamber is prepared to expand the number of companies involved in vocational training from the current 8,000 to 20,000, László Obrodina said.
Hungarian Parliament Debates Olympic Bid
- 1 Jul 2015 9:00 AM
- sport
Parliament began general debate on Budapest’s bid to host the 2024 Olympics yesterday, with Fidesz MP Erik Bánki declaring in the keynote speech that there is exemplary social unity behind the initiative, adding that such consensus is “as rare in Hungarian public affairs as a white raven”. The potential revenue for the economy could reach Ft 1.1 trillion, while the investments required to stage ...
Economy Minister Hails American Contribution To Hungary’s Economy
- 1 Jul 2015 9:00 AM
- business
Hungary has managed to successfully confront the financial crisis the repercussions of which Greece is suffering from even today, the Hungarian economy minister said at the business forum organized by the American Chamber of Commerce in Hungary. Investment and more efficient use of EU funds are likely to be the main drivers of future economic growth in Hungary, Mihály Varga said.
Turkish Airlines Launches Atlanta – Istanbul Flight
- 26 Jun 2015 9:00 AM
- specials
Turkish Airlines’ United States expansion continues with the launch of nonstop service from Atlanta to Istanbul in 2016.
“Europe’s Best Airline”* for five years in succession to serve World’s busiest airport by passenger traffic.**
“Europe’s Best Airline”* for five years in succession to serve World’s busiest airport by passenger traffic.**
Lawmakers Pass Hungary’s 2016 Budget
- 24 Jun 2015 9:00 AM
- business
Lawmakers approved Hungary’s 2016 budget in a final vote months ahead of the legal deadline, with 119 votes in favour and 63 against. The Budget Act calculates with a budget deficit of 2% of gross domestic product (GDP) based on EU accounting rules and public debt of 73.3% of GDP. The budget targets total revenue of 15,800 billion forints (EUR 50.7bn), total expenditures of 16,561 billion forints ...
Hungarian Govt To Launch Information Campaign On Reforms
- 9 Jul 2015 9:00 AM
- current affairs
The government has decided to launch an information campaign to make clear that Hungarian reforms are working well and that Hungary has benefitted from having chosen its own path in 2010, the government spokesman told a press conference. Zoltán Kovács said the aim of the campaign, starting in the next few days and lasting until the end of September, is to highlight family and tax policy reforms, ...
Summer Festivals Receive Nearly HUF 500m From State
- 7 Jul 2015 5:06 AM
- community & culture
Hungary’s summer festivals are receiving a total of nearly 500 million forints (EUR 1.6m) state support this year, an official of the Ministry of Human Resources said. State secretary Bence Rétvári told a press conference that the Sziget Festival in Budapest, the Volt Festival in Sopron in western Hungary and the Balaton Sound festival are getting a combined 150 million forints (EUR 476,000).
Hungarian Forint Steady Despite Greek Turbulence
- 7 Jul 2015 5:01 AM
- business
Greek woes may mean some temporary weakness for the Hungarian currency but it is set to firm in the medium term, analysts say after a brief wobble. The forint showed resilience on Monday, trading at 316.06 to the euro late in the day, down from 314.68 on Friday but up from 316.44 late Sunday. It hit an intraday low of 317.12 on Monday.
Quota Introduced For Non-EU Citizens Working In Hungary
- 6 Jul 2015 9:00 AM
- business
The economy ministry has set a quota for the number of non-European Union citizens that can be employed in Hungary, a decision published in the official gazette Magyar Közlöny shows. According to the new legal regulation, the number of non- EU citizens employed in Hungary simultaneously must not exceed the monthly average labour demand reported in the previous year.
Hungarian Econ Ministry Expects 20,000 Students In Vocational Training
- 2 Jul 2015 9:00 AM
- community & culture
The economy ministry is expecting the number of students taking part in vocational training to grow from 50,000 to 70,000 over the next four years, a ministry deputy state secretary told public news channel M1. The economic chamber is prepared to expand the number of companies involved in vocational training from the current 8,000 to 20,000, László Obrodina said.
Hungarian Parliament Debates Olympic Bid
- 1 Jul 2015 9:00 AM
- sport
Parliament began general debate on Budapest’s bid to host the 2024 Olympics yesterday, with Fidesz MP Erik Bánki declaring in the keynote speech that there is exemplary social unity behind the initiative, adding that such consensus is “as rare in Hungarian public affairs as a white raven”. The potential revenue for the economy could reach Ft 1.1 trillion, while the investments required to stage ...
Economy Minister Hails American Contribution To Hungary’s Economy
- 1 Jul 2015 9:00 AM
- business
Hungary has managed to successfully confront the financial crisis the repercussions of which Greece is suffering from even today, the Hungarian economy minister said at the business forum organized by the American Chamber of Commerce in Hungary. Investment and more efficient use of EU funds are likely to be the main drivers of future economic growth in Hungary, Mihály Varga said.
Turkish Airlines Launches Atlanta – Istanbul Flight
- 26 Jun 2015 9:00 AM
- specials
Turkish Airlines’ United States expansion continues with the launch of nonstop service from Atlanta to Istanbul in 2016.
“Europe’s Best Airline”* for five years in succession to serve World’s busiest airport by passenger traffic.**
“Europe’s Best Airline”* for five years in succession to serve World’s busiest airport by passenger traffic.**
Lawmakers Pass Hungary’s 2016 Budget
- 24 Jun 2015 9:00 AM
- business
Lawmakers approved Hungary’s 2016 budget in a final vote months ahead of the legal deadline, with 119 votes in favour and 63 against. The Budget Act calculates with a budget deficit of 2% of gross domestic product (GDP) based on EU accounting rules and public debt of 73.3% of GDP. The budget targets total revenue of 15,800 billion forints (EUR 50.7bn), total expenditures of 16,561 billion forints ...