80 result(s) for forint record low
Furniture Manufacturing Group Ada To Expand Its Hungarian Production Capacity
- 15 Jan 2018 9:00 AM
- business
“Austrian-owned furniture manufacturing group Ada is expanding its Hungarian production capacity with an investment of 5.2 billion forints (EUR 16.8 million), towards which the Hungarian Government is providing one billion forints in non-returnable funding, 20 percent of the total cost of the project”, Minister of Foreign Affairs and Trade Péter Szijjártó announced.
Opinion: The Iron Lady’s Business Venture & Orbán Government
- 3 Jan 2018 7:58 AM
- current affairs
Aside from a post I wrote about the World Aquatic Championships held past summer in Budapest, I haven’t paid much attention to the affairs of the Hungarian Swimming Association, which for a while was in total turmoil due to the revolt of the swimmers, led by Katinka Hosszú, the star of Hungarian swimming. That revolt ended with a victory for Hosszú, who managed to get rid of Tamás Gyárfás, the ...
VAT On Internet Services To Drop To 5 % From 2018
- 2 Jan 2018 9:00 AM
- tech
VAT on internet services will continue to drop, from the current 18 percent to 5 percent, from Jan. 1. The economy ministry previously said that the 13 percentage point drop is expected to leave 22 billion forints (EUR 70m) in the pockets of consumers.
Government Accepts Tourism Development Strategy In Hungary
- 17 Oct 2017 8:56 AM
- travel
Hungary’s government has accepted the National Tourism Development Strategy 2030, a guideline for “all players of the sector until 2030”, Zoltán Güller, CEO of the Hungarian Tourism Agency, told the Tourism Summit 2017 conference in Budapest on Monday.
Hungary’s Political Opposition Offers Its Take On Sunday’s Invalid Referendum Results
- 4 Oct 2016 9:00 AM
- current affairs
The battle for the hearts of minds of the Hungarian people has moved from the voting booth to the airwaves and newsstands, as various political parties and NGOs offer their interpretation of Sunday’s referendum results.
Xpat Opinion: Leading Fidesz Politician Rogán Accused By Portik
- 23 Jun 2016 9:00 AM
- current affairs
Claims by Tamás Portik, a prominent figure from the Hungarian underworld, that he gave a leading Fidesz politician the equivalent of 10 million forints in Euros receive a different reception in left and right wing media. Pro-government news outlets find contradictions in his testimony, while the leading left-wing daily is undecided.
National Bank Of Hungary Announces HUF 95 Billion Profit For 2015
- 23 Feb 2016 8:00 AM
- business
The National Bank of Hungary (MNB) today said it had posted a record HUF 95 billion in profit last year, Hungarian news agency MTI reported.
Photo Article: Best Dive Bars In Budapest
- 5 Mar 2015 10:45 AM
- entertainment
ByWe Love Budapest : Immortalized in the writings of Charles Bukowski, the dive bar is a cherished institution among destitute drunkards, ne’er-do-well artists, and slumming hipsters. Almost every American town has at least one dive bar (usually detested by local leaders), characterized by a genuinely aged appearance, cheap drinks, and ...
Hungary Posts Negative Inflation Of -0.9% In Dec
- 14 Jan 2015 3:00 AM
- business
Consumer prices in Hungary dropped by an annual 0.9% in December, the Central Statistical Office (KSH) said. Emerging market analysts in London had expected a reading in December of -0.4%. Consumer prices fell by 0.7% in November and by 0.2% on average in 2014.
Furniture Manufacturing Group Ada To Expand Its Hungarian Production Capacity
- 15 Jan 2018 9:00 AM
- business
“Austrian-owned furniture manufacturing group Ada is expanding its Hungarian production capacity with an investment of 5.2 billion forints (EUR 16.8 million), towards which the Hungarian Government is providing one billion forints in non-returnable funding, 20 percent of the total cost of the project”, Minister of Foreign Affairs and Trade Péter Szijjártó announced.
Opinion: The Iron Lady’s Business Venture & Orbán Government
- 3 Jan 2018 7:58 AM
- current affairs
Aside from a post I wrote about the World Aquatic Championships held past summer in Budapest, I haven’t paid much attention to the affairs of the Hungarian Swimming Association, which for a while was in total turmoil due to the revolt of the swimmers, led by Katinka Hosszú, the star of Hungarian swimming. That revolt ended with a victory for Hosszú, who managed to get rid of Tamás Gyárfás, the ...
VAT On Internet Services To Drop To 5 % From 2018
- 2 Jan 2018 9:00 AM
- tech
VAT on internet services will continue to drop, from the current 18 percent to 5 percent, from Jan. 1. The economy ministry previously said that the 13 percentage point drop is expected to leave 22 billion forints (EUR 70m) in the pockets of consumers.
Government Accepts Tourism Development Strategy In Hungary
- 17 Oct 2017 8:56 AM
- travel
Hungary’s government has accepted the National Tourism Development Strategy 2030, a guideline for “all players of the sector until 2030”, Zoltán Güller, CEO of the Hungarian Tourism Agency, told the Tourism Summit 2017 conference in Budapest on Monday.
Hungary’s Political Opposition Offers Its Take On Sunday’s Invalid Referendum Results
- 4 Oct 2016 9:00 AM
- current affairs
The battle for the hearts of minds of the Hungarian people has moved from the voting booth to the airwaves and newsstands, as various political parties and NGOs offer their interpretation of Sunday’s referendum results.
Xpat Opinion: Leading Fidesz Politician Rogán Accused By Portik
- 23 Jun 2016 9:00 AM
- current affairs
Claims by Tamás Portik, a prominent figure from the Hungarian underworld, that he gave a leading Fidesz politician the equivalent of 10 million forints in Euros receive a different reception in left and right wing media. Pro-government news outlets find contradictions in his testimony, while the leading left-wing daily is undecided.
National Bank Of Hungary Announces HUF 95 Billion Profit For 2015
- 23 Feb 2016 8:00 AM
- business
The National Bank of Hungary (MNB) today said it had posted a record HUF 95 billion in profit last year, Hungarian news agency MTI reported.
Photo Article: Best Dive Bars In Budapest
- 5 Mar 2015 10:45 AM
- entertainment
ByWe Love Budapest : Immortalized in the writings of Charles Bukowski, the dive bar is a cherished institution among destitute drunkards, ne’er-do-well artists, and slumming hipsters. Almost every American town has at least one dive bar (usually detested by local leaders), characterized by a genuinely aged appearance, cheap drinks, and ...
Hungary Posts Negative Inflation Of -0.9% In Dec
- 14 Jan 2015 3:00 AM
- business
Consumer prices in Hungary dropped by an annual 0.9% in December, the Central Statistical Office (KSH) said. Emerging market analysts in London had expected a reading in December of -0.4%. Consumer prices fell by 0.7% in November and by 0.2% on average in 2014.