1,575 result(s) for impact
RTL Klub CEO: We'll Stay In Hungary And Fight
- 22 Jul 2014 9:00 AM
- business
The following story, by Florence La Bruyère, is from the July 18 print edition of the Budapest Business Journal. "If you are just back from a long trek to Nepal and havent watched the evening news on RTL Klub for a month, be prepared for a shock. Where Hungarys largest commercial channel previously concentrated on crime stories and light news, its evening news is now twice as long as it used to ...
Hungarian Govt To Freeze 110 Billion Forints In Spending
- 18 Jul 2014 9:00 AM
- current affairs
The government will freeze 110 billion forints (EUR 355m) in central budget expenditures to ensure that this year’s 2.9%-of-GDP deficit target can be met, Economy Minister Mihály Varga said on Thursday. The freeze will not affect families or businesses, only government expenditures, he said at a conference of the Hungarian Economic Association and the Fiscal Council.
EU -US Trade Zone Could Boost Hungary’s GDP By 0.2-0.3%
- 18 Jul 2014 8:00 AM
- business
If a free trade zone between the European Union and the United States materialises, Hungary’s GDP could be boosted by 0.2-0.3%, business daily Napi Gazdaság reports. Citing a foreign and trade ministry study, the paper said that the Transatlantic Trade and Investment Partnership (TTIP), if signed, could increase bilateral trade between Hungary and the United States by 15-20%, creating 20,000- ...
Hungary Urged To Make Progress In Common Airspace Use
- 13 Jul 2014 8:00 AM
- travel
The European Commission has formally requested that Hungary, along with 17 other member states, should improve their functional airspace blocks. FABs, or common airspace arranged around traffic flows rather than state boundaries, are “a crucial step towards a more efficient, less costly and less polluting aviation system in Europe”, the commission said.
Foreign Parents To Be Hit By FX Bailout Costs In Hungary, Says Fitch
- 9 Jul 2014 9:00 AM
- business
Foreign owners will need to inject capital into their Hungarian units because of compensation lenders are asked to pay as part of a new law on relief for borrowers, Fitch Ratings said on Tuesday.
International Wine Congress Begins In Tokaj, Hungary
- 8 Jul 2014 9:00 AM
- food & drink
The 10th International Terroir Congress, the world’s most prestigious wine science conference, began in Tokaj on Monday. This is the first time that a Terroir congress is held in eastern Europe. The conference’s main organiser is Corvinus University of Budapest (BCE), which offers courses in viticulture.
Talented Hungarians In The USA
- 3 Jul 2014 8:59 AM
- community & culture
The Hungarian-American Enterprise Scholarship Fund (HAESF) with the support of the American people, the U.S. Treasury has provided more than $11 million to provide nearly 400 deserving fellows a unique possibility in their professional development in the United States. The Scholarship Fund on the occasion of the Independence Day of the U.S. organized a ceremonial press event to highlight the ...
Defence Minister Of Hungary Expects Protracted Conflict In Ukraine
- 30 Jun 2014 5:00 AM
- current affairs
Ukraine is involved in what will probably become a protracted conflict, to which both Hungary and NATO should give a response, Defence Minister Csaba Hende told the annual meeting of military, defence and air attaches. “The Ukrainian crisis has radically changed Europe’s security environment. Both Hungary, including its armed forces, and NATO should prepare for a protracted conflict.”
Recommendations By Ecofin To Hungary Eased
- 23 Jun 2014 11:00 AM
- current affairs
The EU Council of finance ministers (Ecofin) has adopted recommendations on Hungary’s updated convergence plan, dropping some of the specific proposals, most importantly, a nearly 1% fiscal tightening, while maintaining the rest of the general recommendations made by the European Commission on June 2.
RTL Klub CEO: We'll Stay In Hungary And Fight
- 22 Jul 2014 9:00 AM
- business
The following story, by Florence La Bruyère, is from the July 18 print edition of the Budapest Business Journal. "If you are just back from a long trek to Nepal and havent watched the evening news on RTL Klub for a month, be prepared for a shock. Where Hungarys largest commercial channel previously concentrated on crime stories and light news, its evening news is now twice as long as it used to ...
Hungarian Govt To Freeze 110 Billion Forints In Spending
- 18 Jul 2014 9:00 AM
- current affairs
The government will freeze 110 billion forints (EUR 355m) in central budget expenditures to ensure that this year’s 2.9%-of-GDP deficit target can be met, Economy Minister Mihály Varga said on Thursday. The freeze will not affect families or businesses, only government expenditures, he said at a conference of the Hungarian Economic Association and the Fiscal Council.
EU -US Trade Zone Could Boost Hungary’s GDP By 0.2-0.3%
- 18 Jul 2014 8:00 AM
- business
If a free trade zone between the European Union and the United States materialises, Hungary’s GDP could be boosted by 0.2-0.3%, business daily Napi Gazdaság reports. Citing a foreign and trade ministry study, the paper said that the Transatlantic Trade and Investment Partnership (TTIP), if signed, could increase bilateral trade between Hungary and the United States by 15-20%, creating 20,000- ...
Hungary Urged To Make Progress In Common Airspace Use
- 13 Jul 2014 8:00 AM
- travel
The European Commission has formally requested that Hungary, along with 17 other member states, should improve their functional airspace blocks. FABs, or common airspace arranged around traffic flows rather than state boundaries, are “a crucial step towards a more efficient, less costly and less polluting aviation system in Europe”, the commission said.
Foreign Parents To Be Hit By FX Bailout Costs In Hungary, Says Fitch
- 9 Jul 2014 9:00 AM
- business
Foreign owners will need to inject capital into their Hungarian units because of compensation lenders are asked to pay as part of a new law on relief for borrowers, Fitch Ratings said on Tuesday.
International Wine Congress Begins In Tokaj, Hungary
- 8 Jul 2014 9:00 AM
- food & drink
The 10th International Terroir Congress, the world’s most prestigious wine science conference, began in Tokaj on Monday. This is the first time that a Terroir congress is held in eastern Europe. The conference’s main organiser is Corvinus University of Budapest (BCE), which offers courses in viticulture.
Talented Hungarians In The USA
- 3 Jul 2014 8:59 AM
- community & culture
The Hungarian-American Enterprise Scholarship Fund (HAESF) with the support of the American people, the U.S. Treasury has provided more than $11 million to provide nearly 400 deserving fellows a unique possibility in their professional development in the United States. The Scholarship Fund on the occasion of the Independence Day of the U.S. organized a ceremonial press event to highlight the ...
Defence Minister Of Hungary Expects Protracted Conflict In Ukraine
- 30 Jun 2014 5:00 AM
- current affairs
Ukraine is involved in what will probably become a protracted conflict, to which both Hungary and NATO should give a response, Defence Minister Csaba Hende told the annual meeting of military, defence and air attaches. “The Ukrainian crisis has radically changed Europe’s security environment. Both Hungary, including its armed forces, and NATO should prepare for a protracted conflict.”
Recommendations By Ecofin To Hungary Eased
- 23 Jun 2014 11:00 AM
- current affairs
The EU Council of finance ministers (Ecofin) has adopted recommendations on Hungary’s updated convergence plan, dropping some of the specific proposals, most importantly, a nearly 1% fiscal tightening, while maintaining the rest of the general recommendations made by the European Commission on June 2.