28 result(s) for eu sanction in Business
Szijjártó: Paks Upgrade Hungary’s ‘Largest Ever’ Development Project
- 2 Jun 2017 8:50 AM
- business
The upgrade of the Paks nuclear plant is not solely an energy issue but also Hungary’s “largest ever development project”, the foreign minister said at a green forum in St Petersburg. Péter Szijjártó welcomed the project’s entering into “an active phase” after having received approval by Brussels. The next step for Hungary is to prepare the site for two new blocks, which will take a year and a ...
Lázár To Propose Tighter Rules On Spending Public Funds
- 19 Oct 2016 9:00 AM
- business
Government office chief János Lázár on Tuesday said he would propose tightening the rules on spending public funds. The stricter rules will aim to make the evaluation of public tenders more transparent, Lázár told a weekly government press briefing.
EBRD Raises Hungary Growth Forecast
- 19 Sep 2014 9:00 AM
- business
The European Bank for Reconstruction and Development (EBRD) has raised its forecast for Hungary’s GDP growth this year to 2.8% from 1.6%, noting the effect on Hungary of the Russian sanctions has been “limited”. It expects output to grow by 2.2% in 2015.
Hungarian Govt Official To Meet Reps Of Big Stores Affected By Russian Sanctions
- 10 Sep 2014 9:00 AM
- business
Hungarian government commissioner Gyula Budai will meet on Wednesday representatives of large supermarket chains based in the country concerning measures connected with Russian sanctions. Budai said there was a real danger that Polish, Spanish and Dutch produce would flood central and southern Europe, and Hungary must be appropriately prepared for such a situation.
Hungary’s Forint Sharply Down On Interbank Market
- 30 Jul 2014 9:00 AM
- business
The forint was trading at 310.79 to the euro late Tuesday on the interbank forex market, down from 308.98 late Monday. At 308.96 to the euro early Tuesday, the forint moved between 308.77 and 311.31, a ten-day low. The Hungarian currency sank back to levels before the decision of the National Bank of Hungary (NBH) a week ago to stop its easing cycle.
Xpat Opinion: Finding A Job In Hungary
- 20 Feb 2014 10:40 AM
- business
If you are an expat residing in, or considering relocating to Hungary, it can be daunting when starting to look for employment. Listed below are some helpful tips on how to search for jobs in Hungary, as well as some additional information on employee contracts to help you acclimatize to your new lifestyle.
Xpat Opinion: Hungary To Receive Previously Suspended EU Funds
- 13 Sep 2013 11:00 AM
- business
As the European Union prepares its seven-year budget for the 2014 to 2020 period, a thorny question about Hungary’s funding arose. As of last week, 10 out of our 13 operational programs were under suspension and awaiting a September 9 decision from the European Commission.
Xpat Opinion: EU Fund For Hungary Suspension Call Condemned
- 23 Jul 2013 9:01 AM
- business
In response to a liberal editorial calling on the EU to withhold funds from Hungary in order to promote a regime change, a pro-government daily warns that the EU has contractual obligations and its attempts to meddle in Hungarian democratic politics have already backfired.
EU Threatens To Withhold Funds From Hungary Over Budget Indiscipline
- 28 Feb 2012 8:00 AM
- business
"The European Commission (EC) yesterday proposed to withhold the transfer of some €495 million of cohesion funds to Hungary from 2013, if the government does not demonstrate the capacity to keep the budget deficit below 3% of GDP in a sustainable manner, EU Finance Commissioner Olli Rehn and Regions Commissioner Johannes Hahn announced last week.
Szijjártó: Paks Upgrade Hungary’s ‘Largest Ever’ Development Project
- 2 Jun 2017 8:50 AM
- business
The upgrade of the Paks nuclear plant is not solely an energy issue but also Hungary’s “largest ever development project”, the foreign minister said at a green forum in St Petersburg. Péter Szijjártó welcomed the project’s entering into “an active phase” after having received approval by Brussels. The next step for Hungary is to prepare the site for two new blocks, which will take a year and a ...
Lázár To Propose Tighter Rules On Spending Public Funds
- 19 Oct 2016 9:00 AM
- business
Government office chief János Lázár on Tuesday said he would propose tightening the rules on spending public funds. The stricter rules will aim to make the evaluation of public tenders more transparent, Lázár told a weekly government press briefing.
EBRD Raises Hungary Growth Forecast
- 19 Sep 2014 9:00 AM
- business
The European Bank for Reconstruction and Development (EBRD) has raised its forecast for Hungary’s GDP growth this year to 2.8% from 1.6%, noting the effect on Hungary of the Russian sanctions has been “limited”. It expects output to grow by 2.2% in 2015.
Hungarian Govt Official To Meet Reps Of Big Stores Affected By Russian Sanctions
- 10 Sep 2014 9:00 AM
- business
Hungarian government commissioner Gyula Budai will meet on Wednesday representatives of large supermarket chains based in the country concerning measures connected with Russian sanctions. Budai said there was a real danger that Polish, Spanish and Dutch produce would flood central and southern Europe, and Hungary must be appropriately prepared for such a situation.
Hungary’s Forint Sharply Down On Interbank Market
- 30 Jul 2014 9:00 AM
- business
The forint was trading at 310.79 to the euro late Tuesday on the interbank forex market, down from 308.98 late Monday. At 308.96 to the euro early Tuesday, the forint moved between 308.77 and 311.31, a ten-day low. The Hungarian currency sank back to levels before the decision of the National Bank of Hungary (NBH) a week ago to stop its easing cycle.
Xpat Opinion: Finding A Job In Hungary
- 20 Feb 2014 10:40 AM
- business
If you are an expat residing in, or considering relocating to Hungary, it can be daunting when starting to look for employment. Listed below are some helpful tips on how to search for jobs in Hungary, as well as some additional information on employee contracts to help you acclimatize to your new lifestyle.
Xpat Opinion: Hungary To Receive Previously Suspended EU Funds
- 13 Sep 2013 11:00 AM
- business
As the European Union prepares its seven-year budget for the 2014 to 2020 period, a thorny question about Hungary’s funding arose. As of last week, 10 out of our 13 operational programs were under suspension and awaiting a September 9 decision from the European Commission.
Xpat Opinion: EU Fund For Hungary Suspension Call Condemned
- 23 Jul 2013 9:01 AM
- business
In response to a liberal editorial calling on the EU to withhold funds from Hungary in order to promote a regime change, a pro-government daily warns that the EU has contractual obligations and its attempts to meddle in Hungarian democratic politics have already backfired.
EU Threatens To Withhold Funds From Hungary Over Budget Indiscipline
- 28 Feb 2012 8:00 AM
- business
"The European Commission (EC) yesterday proposed to withhold the transfer of some €495 million of cohesion funds to Hungary from 2013, if the government does not demonstrate the capacity to keep the budget deficit below 3% of GDP in a sustainable manner, EU Finance Commissioner Olli Rehn and Regions Commissioner Johannes Hahn announced last week.