1,621 result(s) for hungary budget
Mandatory For Hungarian Local Councils To Provide Meals For Children In School Holidays From 2016
- 10 Nov 2015 8:00 AM
- current affairs
The government will propose to parliament that local councils should be obliged to provide free meals for needy children during all school holidays from Jan. 1, a state secretary of the human resources ministry announced. Károly Czibere said that the government will fully reimburse municipalities and 4.5 billion forints (EUR 14.4m) in 2016 will be made available.
Moody’s Changes Budapest Outlook To Positive From Stable
- 10 Nov 2015 4:00 AM
- business
Ratings agency Moody’s Investors Service raised the outlook on the city of Budapest’s Ba1 issuer rating to “positive” from “stable”. Moody’s also affirmed the capital’s Ba1 rating. Moody’s noted that on Friday it had raised the outlook on Hungary’s “Ba1” sovereign long term issuer rating, one notch under investment grade, to “positive” from “stable” and said that the upgrade to the capital’s ...
Jobbik To File Complaint Over Hungarian Border Fence Costs
- 5 Nov 2015 8:00 AM
- current affairs
Materials and equipment used in the recent construction of the border fence between Hungary and Serbia were purchased at 5-8 times the market price, the radical nationalist Jobbik party said. Deputy leader István Apáti said that the government had provided “confusing” answers to relevant questions and added that his party would file a criminal complaint under suspicion of abuse of public funds.
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 ...
Nearly 1,000 EU - Financed Development Projects Delayed
- 4 Nov 2015 3:00 AM
- business
A total of 962 development projects co-financed by the European Union are currently delayed, business daily Világgazdaság reported. Citing cabinet office information, the paper said that at the end of the third quarter the state sector and local councils were 150 billion forints (EUR 480m) behind schedule in taking up EU monies.
Hungarian Economy Minister: CEE Potential Growth Engine In EU
- 2 Nov 2015 4:00 AM
- business
Central Europe could be the growth engine of the European Union in its connection with Germany, Hungary’s economy minister told a conference. Addressing the Osteuropaverein der deutschen Wirtschaft, the German foreign trade association, Mihály Varga noted that Hungary had reached the end of a period of economic consolidation and its performance at the start of 2015 was now at the same level as ...
Study Shows Big Support For Szentendre Bike-Sharing Scheme
- 16 Oct 2015 9:01 AM
- getting around
The introduction of a Bubi-like public bike system in Szentendre, Hungary (pop. 25,000) is feasible, according to a recently completed six-month study. Optimally, the study concludes, the system would offer electric bikes at 11 prominent locations throughout the city.
Hungarian Parliament Votes To Set Up Cabinet Office
- 13 Oct 2015 9:00 AM
- current affairs
Hungary’s parliament has voted to establish a cabinet office as a separate ministry. The new ministry will be headed by Antal Rogán, former parliamentary group leader of the ruling Fidesz party. Rogán said earlier that the aim of the new ministry is to aid the work of the prime minister. The cabinet office will also manage the government’s communications. Parliament also amended the national ...
Fidesz Hopeful Of A Breakthrough In Altus Case
- 13 Oct 2015 5:31 AM
- current affairs
A European parliamentary committee will on Thursday consider a case involving a European Commission contract with Altus, a company owned by former prime minister Ferenc Gyurcsány, ruling Fidesz MEP Tamás Deutsch said. The committee on budgetary control will handle the “scandalous” case, Deutsch told a press conference, adding that this in itself was a sign of a potential breakthrough.
Mandatory For Hungarian Local Councils To Provide Meals For Children In School Holidays From 2016
- 10 Nov 2015 8:00 AM
- current affairs
The government will propose to parliament that local councils should be obliged to provide free meals for needy children during all school holidays from Jan. 1, a state secretary of the human resources ministry announced. Károly Czibere said that the government will fully reimburse municipalities and 4.5 billion forints (EUR 14.4m) in 2016 will be made available.
Moody’s Changes Budapest Outlook To Positive From Stable
- 10 Nov 2015 4:00 AM
- business
Ratings agency Moody’s Investors Service raised the outlook on the city of Budapest’s Ba1 issuer rating to “positive” from “stable”. Moody’s also affirmed the capital’s Ba1 rating. Moody’s noted that on Friday it had raised the outlook on Hungary’s “Ba1” sovereign long term issuer rating, one notch under investment grade, to “positive” from “stable” and said that the upgrade to the capital’s ...
Jobbik To File Complaint Over Hungarian Border Fence Costs
- 5 Nov 2015 8:00 AM
- current affairs
Materials and equipment used in the recent construction of the border fence between Hungary and Serbia were purchased at 5-8 times the market price, the radical nationalist Jobbik party said. Deputy leader István Apáti said that the government had provided “confusing” answers to relevant questions and added that his party would file a criminal complaint under suspicion of abuse of public funds.
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 ...
Nearly 1,000 EU - Financed Development Projects Delayed
- 4 Nov 2015 3:00 AM
- business
A total of 962 development projects co-financed by the European Union are currently delayed, business daily Világgazdaság reported. Citing cabinet office information, the paper said that at the end of the third quarter the state sector and local councils were 150 billion forints (EUR 480m) behind schedule in taking up EU monies.
Hungarian Economy Minister: CEE Potential Growth Engine In EU
- 2 Nov 2015 4:00 AM
- business
Central Europe could be the growth engine of the European Union in its connection with Germany, Hungary’s economy minister told a conference. Addressing the Osteuropaverein der deutschen Wirtschaft, the German foreign trade association, Mihály Varga noted that Hungary had reached the end of a period of economic consolidation and its performance at the start of 2015 was now at the same level as ...
Study Shows Big Support For Szentendre Bike-Sharing Scheme
- 16 Oct 2015 9:01 AM
- getting around
The introduction of a Bubi-like public bike system in Szentendre, Hungary (pop. 25,000) is feasible, according to a recently completed six-month study. Optimally, the study concludes, the system would offer electric bikes at 11 prominent locations throughout the city.
Hungarian Parliament Votes To Set Up Cabinet Office
- 13 Oct 2015 9:00 AM
- current affairs
Hungary’s parliament has voted to establish a cabinet office as a separate ministry. The new ministry will be headed by Antal Rogán, former parliamentary group leader of the ruling Fidesz party. Rogán said earlier that the aim of the new ministry is to aid the work of the prime minister. The cabinet office will also manage the government’s communications. Parliament also amended the national ...
Fidesz Hopeful Of A Breakthrough In Altus Case
- 13 Oct 2015 5:31 AM
- current affairs
A European parliamentary committee will on Thursday consider a case involving a European Commission contract with Altus, a company owned by former prime minister Ferenc Gyurcsány, ruling Fidesz MEP Tamás Deutsch said. The committee on budgetary control will handle the “scandalous” case, Deutsch told a press conference, adding that this in itself was a sign of a potential breakthrough.