1,741 result(s) for finance
Hungary, China Sign Silk Road Economic Belt MOU
- 8 Jun 2015 9:00 AM
- business
Hungarian Foreign Minister Péter Szijjártó and his Chinese counterpart Wang Yi signed a memorandum of understanding in Budapest on the governments’ active support for the establishment of the Silk Road Economic Belt and the 21st Maritime Silk Road. The projects are being financed by the Silk Road Fund, which has already been capitalised with some 40 billion dollars from Beijing.
Hungarian NGOs Call For Reform Of Campaign Finance Rules
- 4 Jun 2015 9:00 AM
- business
NGOs in Hungary have turned to lawmakers with a call to reform campaign finance rules and to clean up corruption. The civil organisations Transparency International Magyarország, Átlátszó and K-Monitor together with think-tank Political Capital sent an open letter to parliamentarians to coincide with a conference held on Wednesday on transparency in local government and campaign finance.
Hungary’s 2016 Budget “Designed To Boost Economy, Help Families”
- 1 Jun 2015 9:00 AM
- business
The government seeks to promote job creation and boost the economy as well as provide assistance to families, a state secretary of the economy ministry said in his introduction to the parliamentary debate on next year’s budget. Béla Glattfelder said the bill would introduce changes to 18 laws, including rules governing efforts to reduce Hungary’s state debt. The current growth and inflation path ...
Hungary “Should Participate In Juncker Package”
- 29 May 2015 9:00 AM
- current affairs
Former PM Gyurcsány met in Brussels the Finnish Jyrki Katainen, EC Vice President in charge of the economy, and discussed the “Juncker package”, a European Commission investment plan. The programme offers 315 billion euros to help foster economic growth and job creation in the bloc. Gyurcsány said, however, that it did not appear the Hungarian government was prepared to take part in the programme ...
Gyurcsány’s Firm To Sue Hungary’s PM For “Malignant” Remarks
- 27 May 2015 9:00 AM
- current affairs
Altus, a company owned by former premier Ferenc Gyurcsány, will file a suit against Viktor Orbán, the incumbent prime minister, for his recent, “false and malignant” remarks concerning a European Commission contract the company has won. Altus chief executive Klára Dobrev, who is Gyurcsány’s wife, said on Tuesday that Orbán had been falsely suggesting that the EU finances Altus under cover of a ...
Csepreghy: EC Insists Selection Of Altus For Contract “Clean ”
- 22 May 2015 9:00 AM
- current affairs
The European Commission is trying to "explain away" the 1.5 billion forint (EUR 5m) contract awarded to former PM Ferenc Gyurcsány’s company Altus, insisting the selection process was “clean”, government official Nándor Csepreghy said. In its response to a letter addressed to EC Director-General Walter Deffaa, the Commission “tried to prove that the criteria used in selecting Altus was ...
Budapest Mayor Promises “Spectacular” Makeover From EU Funding
- 18 May 2015 9:00 AM
- current affairs
Budapest is slated for some new spectacular developments financed from European Union funding by 2020, Mayor István Tarlós said. The city is set to complete significant tourism and public utilities projects from EU funds, Tarlós told public news channel M1.
Museum Festival In Budapest, This Weekend
- 15 May 2015 9:04 AM
- community & culture
With the aim of creating a tradition, the Hungarian National Museum called into being 'Museums Majális' in 1996 to unite the world of Hungarian museums. Organically connected to International Museum Day (18th May), which has been organised annually for almost three decades by ICOM (International Council of Museums), this upcoming May weekend of 16 - 17 May is intended to draw attention to the ...
More Bubi Bikes To Come In Budapest
- 11 May 2015 9:01 AM
- getting around
The Budapest public bicycle rental system Bubi will be expanded in the summer, adding 50 bicycles and 22 docking stations, Budapest transport centre BKK announced on Friday. The expansion is financed from the Ft 180 million paid by the system constructors as a penalty for the delay in launching the system last summer.
Hungary, China Sign Silk Road Economic Belt MOU
- 8 Jun 2015 9:00 AM
- business
Hungarian Foreign Minister Péter Szijjártó and his Chinese counterpart Wang Yi signed a memorandum of understanding in Budapest on the governments’ active support for the establishment of the Silk Road Economic Belt and the 21st Maritime Silk Road. The projects are being financed by the Silk Road Fund, which has already been capitalised with some 40 billion dollars from Beijing.
Hungarian NGOs Call For Reform Of Campaign Finance Rules
- 4 Jun 2015 9:00 AM
- business
NGOs in Hungary have turned to lawmakers with a call to reform campaign finance rules and to clean up corruption. The civil organisations Transparency International Magyarország, Átlátszó and K-Monitor together with think-tank Political Capital sent an open letter to parliamentarians to coincide with a conference held on Wednesday on transparency in local government and campaign finance.
Hungary’s 2016 Budget “Designed To Boost Economy, Help Families”
- 1 Jun 2015 9:00 AM
- business
The government seeks to promote job creation and boost the economy as well as provide assistance to families, a state secretary of the economy ministry said in his introduction to the parliamentary debate on next year’s budget. Béla Glattfelder said the bill would introduce changes to 18 laws, including rules governing efforts to reduce Hungary’s state debt. The current growth and inflation path ...
Hungary “Should Participate In Juncker Package”
- 29 May 2015 9:00 AM
- current affairs
Former PM Gyurcsány met in Brussels the Finnish Jyrki Katainen, EC Vice President in charge of the economy, and discussed the “Juncker package”, a European Commission investment plan. The programme offers 315 billion euros to help foster economic growth and job creation in the bloc. Gyurcsány said, however, that it did not appear the Hungarian government was prepared to take part in the programme ...
Gyurcsány’s Firm To Sue Hungary’s PM For “Malignant” Remarks
- 27 May 2015 9:00 AM
- current affairs
Altus, a company owned by former premier Ferenc Gyurcsány, will file a suit against Viktor Orbán, the incumbent prime minister, for his recent, “false and malignant” remarks concerning a European Commission contract the company has won. Altus chief executive Klára Dobrev, who is Gyurcsány’s wife, said on Tuesday that Orbán had been falsely suggesting that the EU finances Altus under cover of a ...
Csepreghy: EC Insists Selection Of Altus For Contract “Clean ”
- 22 May 2015 9:00 AM
- current affairs
The European Commission is trying to "explain away" the 1.5 billion forint (EUR 5m) contract awarded to former PM Ferenc Gyurcsány’s company Altus, insisting the selection process was “clean”, government official Nándor Csepreghy said. In its response to a letter addressed to EC Director-General Walter Deffaa, the Commission “tried to prove that the criteria used in selecting Altus was ...
Budapest Mayor Promises “Spectacular” Makeover From EU Funding
- 18 May 2015 9:00 AM
- current affairs
Budapest is slated for some new spectacular developments financed from European Union funding by 2020, Mayor István Tarlós said. The city is set to complete significant tourism and public utilities projects from EU funds, Tarlós told public news channel M1.
Museum Festival In Budapest, This Weekend
- 15 May 2015 9:04 AM
- community & culture
With the aim of creating a tradition, the Hungarian National Museum called into being 'Museums Majális' in 1996 to unite the world of Hungarian museums. Organically connected to International Museum Day (18th May), which has been organised annually for almost three decades by ICOM (International Council of Museums), this upcoming May weekend of 16 - 17 May is intended to draw attention to the ...
More Bubi Bikes To Come In Budapest
- 11 May 2015 9:01 AM
- getting around
The Budapest public bicycle rental system Bubi will be expanded in the summer, adding 50 bicycles and 22 docking stations, Budapest transport centre BKK announced on Friday. The expansion is financed from the Ft 180 million paid by the system constructors as a penalty for the delay in launching the system last summer.















