1,764 result(s) for investment target
Hungary’s Opposition Parties Slam Govt Plans
- 16 Dec 2014 8:00 AM
- current affairs
Opposition politicians savaged the government’s economic policies ahead of the budget vote. Socialist lawmaker Sándor Burány said that the budget was based on tax rises which had a common theme: the government was taxing everything it possibly could. The Socialist head of parliament’s budget committee said the government’s goal was to safeguard the deficit target while paying for “prestige ...
Hungary Can Start Lung Transplants
- 13 Dec 2014 8:00 AM
- health & wellness
Thanks to a 900 million forint (EUR 2.92m) investment in health care, lung transplantations can now be done in Hungary, the government spokesman said. Besides Austria, Hungary is the only country in the region where such operations can be done, Éva Kurucz said in the National Oncology Institute.
Hungarian Govt: No Risks In 2015 Budget
- 12 Dec 2014 8:00 AM
- business
Government officials have said there were no risks in the 2015 budget, noting that the budget had not taken into account the some 300 billion forints (EUR 980m) in profit the National Bank of Hungary is expected to generate and saying there was fiscal room for a number of big investments.
Hungarian Lawmakers Pass Law On Banning Unprofitable Supermarkets
- 10 Dec 2014 8:00 AM
- shopping
Lawmakers approved a government law on banning from 2018 supermarkets and hypermarkets that fail to make a profit for two consecutive years. The law which bans the outlets from selling daily consumer goods passed with 116 in favour, 34 against and 25 abstentions.
Xpat Opinion: US Senator McCain’s “Neofascist” Comment About Hungary's PM
- 10 Dec 2014 8:00 AM
- current affairs
The leading left-wing daily considers Senator McCain’s apparent description of PM Orbán as a “neofascist dictator” a gross exaggeration. A pro-government commentator believes that Senator McCain’s statements are confused, unfair and motivated by US economic interests.
Three Voucher Companies Seek Compensation From Hungary
- 9 Dec 2014 3:00 AM
- business
The voucher companies Sodexo, Le Cheque Dejeuner and Edenred are seeking compensation from Hungary at the International Centre for Settlement of Investment Disputes for the restructuring of the country’s voucher system, according to daily Magyar Hírlap. Hungary introduced a unified national voucher system in 2012, practically squeezing out existing market players.
Hungary’s Competition Office Fines K&H Bank For Misleading Advertising
- 8 Dec 2014 8:00 AM
- business
Hungary’s Competition Office (GVH) said it had fined K&H Bank 80 million forints for misleading advertising. GVH levied the fine for a month-long ad campaign of KSH’s “MIX” product early in 2014. KSH advertised a 7.80% annual return on the product – well over the market rate – but failed to make clear that the rate was paid only on the one-third of savings that were placed in a deposit.
Hungary's Foreign Minister Calls For New Energy Supply Options After Russian Pipeline Decision
- 3 Dec 2014 8:00 AM
- current affairs
Hungary will need to find new sources to ensure the security of its energy supplies for the long term, Foreign Minister Péter Szijjártó said, in reaction to news that Russia was dropping plans for the South Stream gas pipeline project. “Russia had the right to make that decision and Hungary has acknowledged the move,” he said.
Investments In Hungary Grow 16.3% In Q3
- 28 Nov 2014 10:59 AM
- business
Investment volume in Hungary grew by an annual 16.3% in the third quarter, lifted by capital spending in the logistics and manufacturing sectors, the Central Statistical Office said. The steep rise came from a high base, as investment volume rose by an annual 9.8% the third quarter last year.
Hungary’s Opposition Parties Slam Govt Plans
- 16 Dec 2014 8:00 AM
- current affairs
Opposition politicians savaged the government’s economic policies ahead of the budget vote. Socialist lawmaker Sándor Burány said that the budget was based on tax rises which had a common theme: the government was taxing everything it possibly could. The Socialist head of parliament’s budget committee said the government’s goal was to safeguard the deficit target while paying for “prestige ...
Hungary Can Start Lung Transplants
- 13 Dec 2014 8:00 AM
- health & wellness
Thanks to a 900 million forint (EUR 2.92m) investment in health care, lung transplantations can now be done in Hungary, the government spokesman said. Besides Austria, Hungary is the only country in the region where such operations can be done, Éva Kurucz said in the National Oncology Institute.
Hungarian Govt: No Risks In 2015 Budget
- 12 Dec 2014 8:00 AM
- business
Government officials have said there were no risks in the 2015 budget, noting that the budget had not taken into account the some 300 billion forints (EUR 980m) in profit the National Bank of Hungary is expected to generate and saying there was fiscal room for a number of big investments.
Hungarian Lawmakers Pass Law On Banning Unprofitable Supermarkets
- 10 Dec 2014 8:00 AM
- shopping
Lawmakers approved a government law on banning from 2018 supermarkets and hypermarkets that fail to make a profit for two consecutive years. The law which bans the outlets from selling daily consumer goods passed with 116 in favour, 34 against and 25 abstentions.
Xpat Opinion: US Senator McCain’s “Neofascist” Comment About Hungary's PM
- 10 Dec 2014 8:00 AM
- current affairs
The leading left-wing daily considers Senator McCain’s apparent description of PM Orbán as a “neofascist dictator” a gross exaggeration. A pro-government commentator believes that Senator McCain’s statements are confused, unfair and motivated by US economic interests.
Three Voucher Companies Seek Compensation From Hungary
- 9 Dec 2014 3:00 AM
- business
The voucher companies Sodexo, Le Cheque Dejeuner and Edenred are seeking compensation from Hungary at the International Centre for Settlement of Investment Disputes for the restructuring of the country’s voucher system, according to daily Magyar Hírlap. Hungary introduced a unified national voucher system in 2012, practically squeezing out existing market players.
Hungary’s Competition Office Fines K&H Bank For Misleading Advertising
- 8 Dec 2014 8:00 AM
- business
Hungary’s Competition Office (GVH) said it had fined K&H Bank 80 million forints for misleading advertising. GVH levied the fine for a month-long ad campaign of KSH’s “MIX” product early in 2014. KSH advertised a 7.80% annual return on the product – well over the market rate – but failed to make clear that the rate was paid only on the one-third of savings that were placed in a deposit.
Hungary's Foreign Minister Calls For New Energy Supply Options After Russian Pipeline Decision
- 3 Dec 2014 8:00 AM
- current affairs
Hungary will need to find new sources to ensure the security of its energy supplies for the long term, Foreign Minister Péter Szijjártó said, in reaction to news that Russia was dropping plans for the South Stream gas pipeline project. “Russia had the right to make that decision and Hungary has acknowledged the move,” he said.
Investments In Hungary Grow 16.3% In Q3
- 28 Nov 2014 10:59 AM
- business
Investment volume in Hungary grew by an annual 16.3% in the third quarter, lifted by capital spending in the logistics and manufacturing sectors, the Central Statistical Office said. The steep rise came from a high base, as investment volume rose by an annual 9.8% the third quarter last year.