1,067 result(s) for government plans
Northwest Stretch Of Budapest Ring Road Could Be Completed By 2020
- 21 Nov 2013 3:00 AM
- getting around
An 8km stretch of Hungary’s busiest motorway, the M0 ring road around the capital, is planned to be built between 2018 and 2020, daily Népszabadság said. The stretch, on the northwest side of Budapest, is to include 5.2km of tunnels and a bridge spanning a valley near Budakalász, the paper said.
New Stadium In Budapest Will Be Structurally Completed This Year
- 13 Nov 2013 8:00 AM
- sport
My respects to the provincial football teams, however until Ferencváros and Újpest is not internationally recognized, there will be no strong Hungarian football either. I hope that this stadium will contribute to it, declared Mayor István Tarlós during his visit to the FTC stadium construction site. Government commissioner Balázs Fürjes, while introducing the facility in construction, has marked ...
Xpat Opinion: Political Controversy Over The Role Of Regent Miklós Horthy (1920-1944)
- 5 Nov 2013 12:00 AM
- current affairs
Sunday marked the unveiling of a bronze bust of Admiral Miklós Horthy. The bust is located on the property of a Hungarian Reformed Church in Budapest, but it is visible from the busy Szabadság tér. The minister of the church is Lóránt Hegedüs, whose wife is a Jobbik member of parliament. This is not the first time that Hegedüs has prompted controversy with his extremist political views and ...
Plans To Phase Out Foreign Currency Loans In Hungary In Coming Years
- 4 Nov 2013 8:00 AM
- current affairs
The Ministry of National Economy is drafting a plan that would see the monthly payments of foreign currency mortgage holders drop by 15-20 percent from 2014 and the loans themselves phased out over the next 3-5 years. Minister of National Economy Mihály Varga told public television on Friday that the plan would parcel up the costs between the banks, the state and, to a lesser degree, the ...
Xpat Opinion: Growing Troubles In Opposition Circles In Hungary
- 29 Oct 2013 12:00 AM
- current affairs
It was only a few days ago that the democratic opposition’s mass rally ended with a protest from the crowd itself–a demand for unity and the resultant quasi demonstration against Attila Mesterházy, chairman of MSZP.
Deputy Prime Minister Navracsics: Plans To Draw Back Youth To Hungary
- 29 Oct 2013 12:00 AM
- current affairs
Hungary must pursue the goal of drawing young people who have been staying in Europe back to their homeland, Deputy Prime Minister Tibor Navracsics said on Friday. Mr Navracsics told a career advisory event in his hometown of Veszprém that the government's New Generation programme will offer youth a comprehensive action plan to help them stay in Hungary.
Hungary’s Tax Package For 2014 Includes New Tax On Banks And Sugary Drinks
- 24 Oct 2013 9:00 AM
- business
While 250 000 new families are happy with the extended family tax credits and small businesses are satisfied with the support they will receive, banks are not dancing with joy at the introduction of new tax laws for 2014. The Hungarian government submitted next year’s tax package to the Parliament last week, which includes just a few drastic, but several minor changes.
Xpat Opinion: The Failure Of Széll Kálmán Square Budapest Plan Reflected In The Budget 2014
- 18 Oct 2013 9:00 AM
- getting around
In spring, 2011, to demonstrate to the European Union that the country is capable of obviating the excessive deficit procedure, the Hungarian Government announced the Széll Kálmán-Plan, then a year after the Széll Kálmán-Plan 2.0. By scale these represented restrictions amounting to HUF 1,500 billion. In its analysis, the Policy Agenda checked, to what extent the Budget 2014 reflects the ...
Raiffeisen Bank Won’t Be Leaving Hungary
- 15 Oct 2013 9:00 AM
- business
The Austrian Raiffeisen Bank International (RBI) wants to stay in Hungary despite the government’s shocking rules against foreign banks in the country. According to the latest Emerging Markets interview with new RBI CEO Karl Sevelda, the bank has shrunk its Hungarian balance sheet by HUF300 million since June last year due to loss-making exchange rates and punishing new taxes, but has strong ...
Northwest Stretch Of Budapest Ring Road Could Be Completed By 2020
- 21 Nov 2013 3:00 AM
- getting around
An 8km stretch of Hungary’s busiest motorway, the M0 ring road around the capital, is planned to be built between 2018 and 2020, daily Népszabadság said. The stretch, on the northwest side of Budapest, is to include 5.2km of tunnels and a bridge spanning a valley near Budakalász, the paper said.
New Stadium In Budapest Will Be Structurally Completed This Year
- 13 Nov 2013 8:00 AM
- sport
My respects to the provincial football teams, however until Ferencváros and Újpest is not internationally recognized, there will be no strong Hungarian football either. I hope that this stadium will contribute to it, declared Mayor István Tarlós during his visit to the FTC stadium construction site. Government commissioner Balázs Fürjes, while introducing the facility in construction, has marked ...
Xpat Opinion: Political Controversy Over The Role Of Regent Miklós Horthy (1920-1944)
- 5 Nov 2013 12:00 AM
- current affairs
Sunday marked the unveiling of a bronze bust of Admiral Miklós Horthy. The bust is located on the property of a Hungarian Reformed Church in Budapest, but it is visible from the busy Szabadság tér. The minister of the church is Lóránt Hegedüs, whose wife is a Jobbik member of parliament. This is not the first time that Hegedüs has prompted controversy with his extremist political views and ...
Plans To Phase Out Foreign Currency Loans In Hungary In Coming Years
- 4 Nov 2013 8:00 AM
- current affairs
The Ministry of National Economy is drafting a plan that would see the monthly payments of foreign currency mortgage holders drop by 15-20 percent from 2014 and the loans themselves phased out over the next 3-5 years. Minister of National Economy Mihály Varga told public television on Friday that the plan would parcel up the costs between the banks, the state and, to a lesser degree, the ...
Xpat Opinion: Growing Troubles In Opposition Circles In Hungary
- 29 Oct 2013 12:00 AM
- current affairs
It was only a few days ago that the democratic opposition’s mass rally ended with a protest from the crowd itself–a demand for unity and the resultant quasi demonstration against Attila Mesterházy, chairman of MSZP.
Deputy Prime Minister Navracsics: Plans To Draw Back Youth To Hungary
- 29 Oct 2013 12:00 AM
- current affairs
Hungary must pursue the goal of drawing young people who have been staying in Europe back to their homeland, Deputy Prime Minister Tibor Navracsics said on Friday. Mr Navracsics told a career advisory event in his hometown of Veszprém that the government's New Generation programme will offer youth a comprehensive action plan to help them stay in Hungary.
Hungary’s Tax Package For 2014 Includes New Tax On Banks And Sugary Drinks
- 24 Oct 2013 9:00 AM
- business
While 250 000 new families are happy with the extended family tax credits and small businesses are satisfied with the support they will receive, banks are not dancing with joy at the introduction of new tax laws for 2014. The Hungarian government submitted next year’s tax package to the Parliament last week, which includes just a few drastic, but several minor changes.
Xpat Opinion: The Failure Of Széll Kálmán Square Budapest Plan Reflected In The Budget 2014
- 18 Oct 2013 9:00 AM
- getting around
In spring, 2011, to demonstrate to the European Union that the country is capable of obviating the excessive deficit procedure, the Hungarian Government announced the Széll Kálmán-Plan, then a year after the Széll Kálmán-Plan 2.0. By scale these represented restrictions amounting to HUF 1,500 billion. In its analysis, the Policy Agenda checked, to what extent the Budget 2014 reflects the ...
Raiffeisen Bank Won’t Be Leaving Hungary
- 15 Oct 2013 9:00 AM
- business
The Austrian Raiffeisen Bank International (RBI) wants to stay in Hungary despite the government’s shocking rules against foreign banks in the country. According to the latest Emerging Markets interview with new RBI CEO Karl Sevelda, the bank has shrunk its Hungarian balance sheet by HUF300 million since June last year due to loss-making exchange rates and punishing new taxes, but has strong ...