4,107 result(s) for forint
MNBʼs Foundations Said To Invest In Real Estate
- 17 Jun 2016 8:00 AM
- property
The National Bank of Hungary’s (MNB) controversial Pallas Athéné foundations (PADA) moved some of their endowment from government securities and bank deposits into real estate, according to the head of the investment company that manages the assets of the foundations, Hungarian news agency MTI reported.
Hungarians Travel More, Spend More Abroad In Q1
- 16 Jun 2016 9:00 AM
- travel
Hungarians paid a total 4.2 million visits to other countries in January- March this year, up by 17% from the same period last year, business daily Világgazdaság said on Tuesday, citing data from the Central Statistical Office (KSH). Hungarian visitors spent 164 billion forints (EUR 523.9m) abroad, up by 32% compared with 2015, according to the data.
Road Haulage Tracking And Electronic Tills Boost Govt Revenue By HUF 420BN
- 15 Jun 2016 9:00 AM
- business
The introduction of an electronic road haulage tracking system and the mandatory connection of tills to the tax office have raised the Hungarian state’s revenue by 420 billion forints (EUR 1.35bn) over two years, the economy ministry said. The road haulage tracking system and electronic tills have not only raised direct tax revenues, they have also boosted revenues from excise fees and fines.
Govt Organising Summer Camps In Hungary For Children From Ukraine
- 15 Jun 2016 9:00 AM
- current affairs
The government will spend 40 million forints (EUR 127,000) on hosting some 700 children from Ukraine in summer camps at Lake Velence in central Hungary, a human resources ministry state secretary said on Tuesday. Miklós Soltész said last year’s similar programmes were very successful and the camps had been both physically and spiritually uplifting experiences for the children.
Parlt Allows Authorities To Block Illegal Taxi Service Websites
- 14 Jun 2016 9:00 AM
- current affairs
Lawmakers voted to tighten sanctions against companies operating illegal taxi services. The bill, approved with 119 votes in favour, 61 against and 3 abstentions, allows Hungary’s media authority to block the websites of companies that offer illegal taxi services for a period of up to 365 days.
Parlt Raises 2016 Budget Revenue, Spending Targets By HUF 422Bn
- 14 Jun 2016 9:00 AM
- current affairs
Lawmakers approved amendments to the 2016 budget act raising both revenue and expenditures by 421.7 billion forints (EUR 1.4bn). The amendments were passed with 121 votes in favour and 63 against. The MPs raised the revenue target from 15,800.4 billion forints to 16,222.1 billion forints. They increased the expenditure target from 16,562.0 billion forints to 16,983.7 billion forints.
EIB Group Opens Budapest Office
- 14 Jun 2016 9:00 AM
- business
The Investment Bank (EIB) officially opened its Budapest office at a ceremony held at the Hungarian Academy of Sciences. Few countries would make better partners for the EIB than Hungary, Prime Minister Viktor Orbán said in his address. At the event, Hungary signed a 30 billion forint (EUR 96m) refinancing agreement with the EIB for the construction of gymnasiums, swimming pools, sports courts ...
Lázár: Govt Plans 4 New Hospital Hubs In Budapest
- 10 Jun 2016 9:00 AM
- health & wellness
The cabinet has decided that Budapest needs four new hospital centres, the government office chief said at his regular news briefing. A final decision has been made to expand the Honvéd hospital in the north, to strengthen St István and St László hospitals in southeastern Pest, to build a new “super hospital” in the area of Kelenföld in the southwest in Buda and later to create a new hospital in ...
Hungarian Government To Raise Health-Care Wages In September
- 10 Jun 2016 9:00 AM
- health & wellness
The government has reached an agreement with health-care unions on raising base salaries in the sector starting in September this year, the human resources minister announced on Thursday. The base salary of doctors and pharmacists will increase by gross 107,000 forints (EUR 344) from September 1 this year and by another 100,000 forints from November 1, 2017, Zoltán Balog told a press conference.
MNBʼs Foundations Said To Invest In Real Estate
- 17 Jun 2016 8:00 AM
- property
The National Bank of Hungary’s (MNB) controversial Pallas Athéné foundations (PADA) moved some of their endowment from government securities and bank deposits into real estate, according to the head of the investment company that manages the assets of the foundations, Hungarian news agency MTI reported.
Hungarians Travel More, Spend More Abroad In Q1
- 16 Jun 2016 9:00 AM
- travel
Hungarians paid a total 4.2 million visits to other countries in January- March this year, up by 17% from the same period last year, business daily Világgazdaság said on Tuesday, citing data from the Central Statistical Office (KSH). Hungarian visitors spent 164 billion forints (EUR 523.9m) abroad, up by 32% compared with 2015, according to the data.
Road Haulage Tracking And Electronic Tills Boost Govt Revenue By HUF 420BN
- 15 Jun 2016 9:00 AM
- business
The introduction of an electronic road haulage tracking system and the mandatory connection of tills to the tax office have raised the Hungarian state’s revenue by 420 billion forints (EUR 1.35bn) over two years, the economy ministry said. The road haulage tracking system and electronic tills have not only raised direct tax revenues, they have also boosted revenues from excise fees and fines.
Govt Organising Summer Camps In Hungary For Children From Ukraine
- 15 Jun 2016 9:00 AM
- current affairs
The government will spend 40 million forints (EUR 127,000) on hosting some 700 children from Ukraine in summer camps at Lake Velence in central Hungary, a human resources ministry state secretary said on Tuesday. Miklós Soltész said last year’s similar programmes were very successful and the camps had been both physically and spiritually uplifting experiences for the children.
Parlt Allows Authorities To Block Illegal Taxi Service Websites
- 14 Jun 2016 9:00 AM
- current affairs
Lawmakers voted to tighten sanctions against companies operating illegal taxi services. The bill, approved with 119 votes in favour, 61 against and 3 abstentions, allows Hungary’s media authority to block the websites of companies that offer illegal taxi services for a period of up to 365 days.
Parlt Raises 2016 Budget Revenue, Spending Targets By HUF 422Bn
- 14 Jun 2016 9:00 AM
- current affairs
Lawmakers approved amendments to the 2016 budget act raising both revenue and expenditures by 421.7 billion forints (EUR 1.4bn). The amendments were passed with 121 votes in favour and 63 against. The MPs raised the revenue target from 15,800.4 billion forints to 16,222.1 billion forints. They increased the expenditure target from 16,562.0 billion forints to 16,983.7 billion forints.
EIB Group Opens Budapest Office
- 14 Jun 2016 9:00 AM
- business
The Investment Bank (EIB) officially opened its Budapest office at a ceremony held at the Hungarian Academy of Sciences. Few countries would make better partners for the EIB than Hungary, Prime Minister Viktor Orbán said in his address. At the event, Hungary signed a 30 billion forint (EUR 96m) refinancing agreement with the EIB for the construction of gymnasiums, swimming pools, sports courts ...
Lázár: Govt Plans 4 New Hospital Hubs In Budapest
- 10 Jun 2016 9:00 AM
- health & wellness
The cabinet has decided that Budapest needs four new hospital centres, the government office chief said at his regular news briefing. A final decision has been made to expand the Honvéd hospital in the north, to strengthen St István and St László hospitals in southeastern Pest, to build a new “super hospital” in the area of Kelenföld in the southwest in Buda and later to create a new hospital in ...
Hungarian Government To Raise Health-Care Wages In September
- 10 Jun 2016 9:00 AM
- health & wellness
The government has reached an agreement with health-care unions on raising base salaries in the sector starting in September this year, the human resources minister announced on Thursday. The base salary of doctors and pharmacists will increase by gross 107,000 forints (EUR 344) from September 1 this year and by another 100,000 forints from November 1, 2017, Zoltán Balog told a press conference.















