390 result(s) for it upgrade
Hungarian PM’s Office: Independent Consultants Say Paks 2 Profitable
- 23 Dec 2015 8:00 AM
- current affairs
Independent international consultants have said that the upgrade of the Paks nuclear power plant is a profitable project, the Prime Minister’s Office said. The office noted that after two years of consultations with the European Commission, on November 23 the European Union’s executive body launched an in-depth investigation into Hungary’s plan to provide financing for the upgrade of the plant to ...
Xpat Opinion: Laughable Hungarian Legislation Is Not Funny
- 16 Dec 2015 8:00 AM
- business
By Tom Popper, Managing Editor, Budapest Business Journal: The appearance of corruption has long been a problem for this government, but in the first week of December, officials were so blatant in their efforts to circumvent scrutiny that it was almost humorous. In truth, the way these maneuvers destroy trust in our leadership is not very funny.
Official: Hungary’s New Public Procurement Law Instrumental In Fighting Graft
- 10 Dec 2015 8:00 AM
- current affairs
Hungary’s new public procurement law, one of Europe’s strictest legislations, is instrumental in fighting graft, a senior official of the prime minister’s office told a conference organised by Transparency International Hungary on Wednesday. The new law provides for a much broader scope of transparency and defines a minimum number of applicants required in certain areas of public procurement ...
Szijjártó: Budapest Belgrade Rail Line Has Huge Economic Importance
- 7 Dec 2015 8:00 AM
- current affairs
The revamp of the Budapest-Belgrade rail line and the fact that it will reduce journey times between the two cities will have huge economic importance, since the line will be the primary trade route for Chinese goods between Greece’s ports and Western Europe, Hungary’s foreign minister told Serbian daily Politika. Szijjártó said the investment project, financed in large part by China, is unique ...
City: Hungary Could Return To Investment Grade In 2016
- 1 Dec 2015 8:00 AM
- current affairs
Hungary is set to regain investment grade status next year, and the central bank is likely to embark on a new rate cutting cycle, London-based emerging markets economists said. In a report outlining its revised 2016 forecasts for emerging markets, released to clients in London, Morgan Stanley said that “credit upgrades are overdue” and Hungary will regain its investment grade rating with at least ...
Fitch Affirms Hungary’s Junk Rating; Outlook Positive
- 23 Nov 2015 8:00 AM
- business
Fitch Ratings affirmed Hungary’s “BB plus” sovereign credit rating, one notch under investment grade, with “positive” outlook, in a scheduled review Friday evening. Earlier most analysts expected an upgrade to “BBB minus”, the bottom of investment grade, but Hungary’s Economy Minister Mihály Varga played down the chance for “a major change” in a Friday morning television interview.
Lázár: Hungary To Consultt Brussels On Paks Upgrade But Prepared To Sue
- 20 Nov 2015 8:00 AM
- current affairs
Hungary is ready to hold coordination talks with Brussels in the next two months over the 12 billion euro project to upgrade the Paks nuclear power plant but will take the issue to court if necessary, the government office chief said in connection with the European Commission’s decision to launch an infringement procedure over related public procurement rules.
Budapest-Belgrade Rail Line Upgrade Agreement Finalised
- 19 Nov 2015 8:00 AM
- getting around
Preparation of an agreement on a Chinese-financed project to upgrade the Budapest-Belgrade railway line is drawing to a close, Foreign Affairs and Trade Minister Péter Szijjártó told reporters on Wednesday following talks in Beijing. He said the three parties had agreed on the most important political questions and all indications are that the prime ministers of the three countries can sign the ...
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 ...
Hungarian PM’s Office: Independent Consultants Say Paks 2 Profitable
- 23 Dec 2015 8:00 AM
- current affairs
Independent international consultants have said that the upgrade of the Paks nuclear power plant is a profitable project, the Prime Minister’s Office said. The office noted that after two years of consultations with the European Commission, on November 23 the European Union’s executive body launched an in-depth investigation into Hungary’s plan to provide financing for the upgrade of the plant to ...
Xpat Opinion: Laughable Hungarian Legislation Is Not Funny
- 16 Dec 2015 8:00 AM
- business
By Tom Popper, Managing Editor, Budapest Business Journal: The appearance of corruption has long been a problem for this government, but in the first week of December, officials were so blatant in their efforts to circumvent scrutiny that it was almost humorous. In truth, the way these maneuvers destroy trust in our leadership is not very funny.
Official: Hungary’s New Public Procurement Law Instrumental In Fighting Graft
- 10 Dec 2015 8:00 AM
- current affairs
Hungary’s new public procurement law, one of Europe’s strictest legislations, is instrumental in fighting graft, a senior official of the prime minister’s office told a conference organised by Transparency International Hungary on Wednesday. The new law provides for a much broader scope of transparency and defines a minimum number of applicants required in certain areas of public procurement ...
Szijjártó: Budapest Belgrade Rail Line Has Huge Economic Importance
- 7 Dec 2015 8:00 AM
- current affairs
The revamp of the Budapest-Belgrade rail line and the fact that it will reduce journey times between the two cities will have huge economic importance, since the line will be the primary trade route for Chinese goods between Greece’s ports and Western Europe, Hungary’s foreign minister told Serbian daily Politika. Szijjártó said the investment project, financed in large part by China, is unique ...
City: Hungary Could Return To Investment Grade In 2016
- 1 Dec 2015 8:00 AM
- current affairs
Hungary is set to regain investment grade status next year, and the central bank is likely to embark on a new rate cutting cycle, London-based emerging markets economists said. In a report outlining its revised 2016 forecasts for emerging markets, released to clients in London, Morgan Stanley said that “credit upgrades are overdue” and Hungary will regain its investment grade rating with at least ...
Fitch Affirms Hungary’s Junk Rating; Outlook Positive
- 23 Nov 2015 8:00 AM
- business
Fitch Ratings affirmed Hungary’s “BB plus” sovereign credit rating, one notch under investment grade, with “positive” outlook, in a scheduled review Friday evening. Earlier most analysts expected an upgrade to “BBB minus”, the bottom of investment grade, but Hungary’s Economy Minister Mihály Varga played down the chance for “a major change” in a Friday morning television interview.
Lázár: Hungary To Consultt Brussels On Paks Upgrade But Prepared To Sue
- 20 Nov 2015 8:00 AM
- current affairs
Hungary is ready to hold coordination talks with Brussels in the next two months over the 12 billion euro project to upgrade the Paks nuclear power plant but will take the issue to court if necessary, the government office chief said in connection with the European Commission’s decision to launch an infringement procedure over related public procurement rules.
Budapest-Belgrade Rail Line Upgrade Agreement Finalised
- 19 Nov 2015 8:00 AM
- getting around
Preparation of an agreement on a Chinese-financed project to upgrade the Budapest-Belgrade railway line is drawing to a close, Foreign Affairs and Trade Minister Péter Szijjártó told reporters on Wednesday following talks in Beijing. He said the three parties had agreed on the most important political questions and all indications are that the prime ministers of the three countries can sign the ...
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 ...