1,257 result(s) for funding
Airport At Lake Balaton, Hungary To Be Renovated For HUF 5bn
- 2 Dec 2015 10:00 AM
- travel
The Héviz-Sármellék airport at Lake Balaton will be renovated at a cost of 5 billion forints (EUR 16.1m), and will be connected to the M7 motorway by a new main road which will be built for an additional 4 billion forints, the daily Magyar Idők reported. The project is part of a plan of renewing the Balaton region to be carried out in the 2014- 2020 European Union funding period, Héviz mayor ...
Funding Available To Hungarian Civil Orgs To Help Communities
- 30 Nov 2015 2:00 AM
- community & culture
Civil organisations can bid for a total of 2.15 billion forints (EUR 6.9m) of funding from the national cooperation fund to help build communities and create new opportunities, the state secretary for church, ethnic minority and civil social relations, Miklós Soltész told a press conference. A total of 64,000 civil organisations operate in Hungary, with 16% supporting leisure activities, 13.5% ...
Lázár: Transferring EU Affairs To Hungarian PM’s Office Right Move
- 26 Nov 2015 8:00 AM
- current affairs
Transferring European affairs from the foreign ministry to the prime minister’s office has proven to be the right move, the government office chief told parliament’s European Affairs Committee. Experience from the government’s previous 2010-2014 term has shown that matters pertaining to the European Commission do not typically cover foreign trade or foreign affairs, since these matters concern ...
Hungary Investment Volume Drops 3.4% In Q3
- 26 Nov 2015 12:00 AM
- business
Investment volume in Hungary was down by an annual 3.4% in the third quarter after rising by 5.7% in the second and falling by 3.9% in the first quarter, the Central Statistical Office (KSH) said. Third-quarter investments fell in all sectors with the exception of the property as well as business and the public administration, social insurance and defence sectors. In the latter sector, ...
Budapest Mayor Asks PM For Money For BKV
- 9 Nov 2015 8:00 AM
- getting around
Mayor István Tarlós has written to Prime Minister Viktor Orbán complaining that if the state does not help Budapest in funding the operations of public transport company BKV, then the cost to passengers will have to be raised five-fold. Tarlós raised the possibility of introducing a registration fee for children and pensioners, who travel free of charge.
NBH Governor: Hungary Sees Price, Financial Stability Since 2013
- 5 Nov 2015 8:00 AM
- business
Hungary has enjoyed price and financial stability since 2013, when changes got under way at the central bank, the bank’s governor, György Matolcsy, said. Addressing lawmakers in parliament in a debate of the bank’s 2012, 2013 and 2014 business reports, Matolcsy said the bank’s new leadership in place since March 2013 had returned to a “responsible, conservative, but creatively functioning” path ...
National Bank of Hungary To Launch Growth Supporting Programme
- 4 Nov 2015 8:00 AM
- business
The National Bank of Hungary will launch a Growth Supporting Programme (GSP) in January with the aim of increasing the banking sector’s lending to small and medium-sized firms by 250-400 billion forints, or 5-10% of total corporate lending stock, in 2016. The GSP comprises the final phase of the NBH’s Funding for Growth Scheme (FGS) as well as a package of incentives for active lenders dubbed the ...
National Bank Of Hungary May Keep Base Rate Unchanged Until 2018, 2019
- 28 Oct 2015 8:00 AM
- business
The National Bank of Hungary (NBH) may keep its base rate at a record-low 1.35% base rate until 2018 or even 2019, beyond its horizon for monetary policy, deputy governor Márton Nagy told Reuters. Nagy also said that the NBH will announce a set of incentives to boost business lending next Tuesday, and it expects to close a deal to acquire a majority stake in the Budapest Stock Exchange within ...
Hungarian NGOs Welcome End Of Tax Probe Over Norway Grants
- 21 Oct 2015 9:00 AM
- business
Ökotárs has said that it welcomes the cessation of a probe by Hungary’s tax office (NAV) into the operations of the foundation and 17 other NGOs in connection with funding they received from the Norway Civil Grant. It has become clear that Ökotárs and the other organisations acted legally and their documentation was in order while they complied with supervision requirements, the foundation told ...
Airport At Lake Balaton, Hungary To Be Renovated For HUF 5bn
- 2 Dec 2015 10:00 AM
- travel
The Héviz-Sármellék airport at Lake Balaton will be renovated at a cost of 5 billion forints (EUR 16.1m), and will be connected to the M7 motorway by a new main road which will be built for an additional 4 billion forints, the daily Magyar Idők reported. The project is part of a plan of renewing the Balaton region to be carried out in the 2014- 2020 European Union funding period, Héviz mayor ...
Funding Available To Hungarian Civil Orgs To Help Communities
- 30 Nov 2015 2:00 AM
- community & culture
Civil organisations can bid for a total of 2.15 billion forints (EUR 6.9m) of funding from the national cooperation fund to help build communities and create new opportunities, the state secretary for church, ethnic minority and civil social relations, Miklós Soltész told a press conference. A total of 64,000 civil organisations operate in Hungary, with 16% supporting leisure activities, 13.5% ...
Lázár: Transferring EU Affairs To Hungarian PM’s Office Right Move
- 26 Nov 2015 8:00 AM
- current affairs
Transferring European affairs from the foreign ministry to the prime minister’s office has proven to be the right move, the government office chief told parliament’s European Affairs Committee. Experience from the government’s previous 2010-2014 term has shown that matters pertaining to the European Commission do not typically cover foreign trade or foreign affairs, since these matters concern ...
Hungary Investment Volume Drops 3.4% In Q3
- 26 Nov 2015 12:00 AM
- business
Investment volume in Hungary was down by an annual 3.4% in the third quarter after rising by 5.7% in the second and falling by 3.9% in the first quarter, the Central Statistical Office (KSH) said. Third-quarter investments fell in all sectors with the exception of the property as well as business and the public administration, social insurance and defence sectors. In the latter sector, ...
Budapest Mayor Asks PM For Money For BKV
- 9 Nov 2015 8:00 AM
- getting around
Mayor István Tarlós has written to Prime Minister Viktor Orbán complaining that if the state does not help Budapest in funding the operations of public transport company BKV, then the cost to passengers will have to be raised five-fold. Tarlós raised the possibility of introducing a registration fee for children and pensioners, who travel free of charge.
NBH Governor: Hungary Sees Price, Financial Stability Since 2013
- 5 Nov 2015 8:00 AM
- business
Hungary has enjoyed price and financial stability since 2013, when changes got under way at the central bank, the bank’s governor, György Matolcsy, said. Addressing lawmakers in parliament in a debate of the bank’s 2012, 2013 and 2014 business reports, Matolcsy said the bank’s new leadership in place since March 2013 had returned to a “responsible, conservative, but creatively functioning” path ...
National Bank of Hungary To Launch Growth Supporting Programme
- 4 Nov 2015 8:00 AM
- business
The National Bank of Hungary will launch a Growth Supporting Programme (GSP) in January with the aim of increasing the banking sector’s lending to small and medium-sized firms by 250-400 billion forints, or 5-10% of total corporate lending stock, in 2016. The GSP comprises the final phase of the NBH’s Funding for Growth Scheme (FGS) as well as a package of incentives for active lenders dubbed the ...
National Bank Of Hungary May Keep Base Rate Unchanged Until 2018, 2019
- 28 Oct 2015 8:00 AM
- business
The National Bank of Hungary (NBH) may keep its base rate at a record-low 1.35% base rate until 2018 or even 2019, beyond its horizon for monetary policy, deputy governor Márton Nagy told Reuters. Nagy also said that the NBH will announce a set of incentives to boost business lending next Tuesday, and it expects to close a deal to acquire a majority stake in the Budapest Stock Exchange within ...
Hungarian NGOs Welcome End Of Tax Probe Over Norway Grants
- 21 Oct 2015 9:00 AM
- business
Ökotárs has said that it welcomes the cessation of a probe by Hungary’s tax office (NAV) into the operations of the foundation and 17 other NGOs in connection with funding they received from the Norway Civil Grant. It has become clear that Ökotárs and the other organisations acted legally and their documentation was in order while they complied with supervision requirements, the foundation told ...