710 result(s) for lift
OECD Lowers Hungary Forecast For 2016 GDP Growth
- 2 Jun 2016 9:00 AM
- business
The OECD has lowered its growth forecast for Hungary’s economy to 1.6% from 2.4% in the previous Economic Outlook released in November 2015. In its new report, the OECD maintained its 3.1% projection for Hungarian GDP growth next year. The organisation said “growth is projected to moderate in 2016 due to a temporary contraction in public investment as a new cycle of EU structural funds commences, ...
Home Sales Set To Reach 155,000 This Year
- 31 May 2016 9:00 AM
- property
Home sales in Hungary could rise to 155,000 this year from 130,000- 135,000 in 2015, according to an analysis by Otthon Centrum, which runs a franchise network of real estate brokers. New homes could make up 3-4% of the total, Otthon Centrum said.
Home Appliances, Consumer Electronics Sales Edge Down
- 13 May 2016 9:00 AM
- shopping
Sales of home appliances and consumer electronics fell by an annual 1.2% to 121.4 billion forints (EUR 384.4m) in the first quarter, market researcher GfK said. Sales of small home appliances rose 14.6% and sales of big home appliances were up by 9.4%.
Széll Kálmán Tér Opened To Public
- 12 May 2016 9:00 AM
- getting around
The renovated Széll Kálmán tér, the former Moszkva tér, was formally reopened yesterday after 400 days of construction work, and three months after the initial deadline of February. The square, the busiest hub in Budapest, was completely rebuilt at a cost of Ft 5.5 billion of city, government and EU funds.
UN To Declassify Files On 1956 Revolution
- 9 May 2016 9:00 AM
- current affairs
The United Nations will lift the confidential status of its documents on Hungary’s 1956 anti-Soviet revolution, Hungary’s foreign minister said. In the past, there was little knowledge of the fact that the UN was even in possession of classified files about 1956, Péter Szijjártó said. But as a result of Hungary’s diplomatic efforts, talks eventually began on declassifying several documents on ...
Magyar Telekom Q1 Profit Jumps On One-Offs, Improved Margin
- 5 May 2016 9:00 AM
- tech
Magyar Telekomʼs first-quarter net income more than quadrupled to HUF 10.7 billion from HUF 2.5 bln in the base period on an improved margin and one-off gains, an earnings report published late yesterday shows, according to Hungarian news agency MTI.
IMF Urges Policy Reform To Improve Investment Climate
- 2 May 2016 9:00 AM
- current affairs
The International Monetary Fund (IMF) called for structural policies to improve the investment climate, enhance competitiveness and address weaknesses in the labour market in a report following scheduled consultations. “Increased market confidence and enhanced competitiveness would lift private investment, including from abroad.
Hungarian Workers Protest Against Sunday Shopping
- 18 Apr 2016 9:00 AM
- current affairs
More than 200 retail workers protested against Sunday shopping in front of the Economy Ministry building on Sunday, in a demonstration organised by the Retail Workers Union (KASZ). They carried banners reading “We would like to go to a football match after mass,” “We spend too little time with our families,” and “Western work for Eastern wages”. The protesters also demanded twice the usual daily ...
Socialists To Move Ahead With Signature Drive For Sunday Shopping Referendum
- 13 Apr 2016 9:00 AM
- shopping
The Socialist Party said it would move ahead with collecting supporting signatures for a referendum on scrapping the law on Sunday shopping restrictions despite parliament revoking the law earlier in the day. Party leader József Tóbiás said that his party believed the government was not ready to rule out reintroducing the law.
OECD Lowers Hungary Forecast For 2016 GDP Growth
- 2 Jun 2016 9:00 AM
- business
The OECD has lowered its growth forecast for Hungary’s economy to 1.6% from 2.4% in the previous Economic Outlook released in November 2015. In its new report, the OECD maintained its 3.1% projection for Hungarian GDP growth next year. The organisation said “growth is projected to moderate in 2016 due to a temporary contraction in public investment as a new cycle of EU structural funds commences, ...
Home Sales Set To Reach 155,000 This Year
- 31 May 2016 9:00 AM
- property
Home sales in Hungary could rise to 155,000 this year from 130,000- 135,000 in 2015, according to an analysis by Otthon Centrum, which runs a franchise network of real estate brokers. New homes could make up 3-4% of the total, Otthon Centrum said.
Home Appliances, Consumer Electronics Sales Edge Down
- 13 May 2016 9:00 AM
- shopping
Sales of home appliances and consumer electronics fell by an annual 1.2% to 121.4 billion forints (EUR 384.4m) in the first quarter, market researcher GfK said. Sales of small home appliances rose 14.6% and sales of big home appliances were up by 9.4%.
Széll Kálmán Tér Opened To Public
- 12 May 2016 9:00 AM
- getting around
The renovated Széll Kálmán tér, the former Moszkva tér, was formally reopened yesterday after 400 days of construction work, and three months after the initial deadline of February. The square, the busiest hub in Budapest, was completely rebuilt at a cost of Ft 5.5 billion of city, government and EU funds.
UN To Declassify Files On 1956 Revolution
- 9 May 2016 9:00 AM
- current affairs
The United Nations will lift the confidential status of its documents on Hungary’s 1956 anti-Soviet revolution, Hungary’s foreign minister said. In the past, there was little knowledge of the fact that the UN was even in possession of classified files about 1956, Péter Szijjártó said. But as a result of Hungary’s diplomatic efforts, talks eventually began on declassifying several documents on ...
Magyar Telekom Q1 Profit Jumps On One-Offs, Improved Margin
- 5 May 2016 9:00 AM
- tech
Magyar Telekomʼs first-quarter net income more than quadrupled to HUF 10.7 billion from HUF 2.5 bln in the base period on an improved margin and one-off gains, an earnings report published late yesterday shows, according to Hungarian news agency MTI.
IMF Urges Policy Reform To Improve Investment Climate
- 2 May 2016 9:00 AM
- current affairs
The International Monetary Fund (IMF) called for structural policies to improve the investment climate, enhance competitiveness and address weaknesses in the labour market in a report following scheduled consultations. “Increased market confidence and enhanced competitiveness would lift private investment, including from abroad.
Hungarian Workers Protest Against Sunday Shopping
- 18 Apr 2016 9:00 AM
- current affairs
More than 200 retail workers protested against Sunday shopping in front of the Economy Ministry building on Sunday, in a demonstration organised by the Retail Workers Union (KASZ). They carried banners reading “We would like to go to a football match after mass,” “We spend too little time with our families,” and “Western work for Eastern wages”. The protesters also demanded twice the usual daily ...
Socialists To Move Ahead With Signature Drive For Sunday Shopping Referendum
- 13 Apr 2016 9:00 AM
- shopping
The Socialist Party said it would move ahead with collecting supporting signatures for a referendum on scrapping the law on Sunday shopping restrictions despite parliament revoking the law earlier in the day. Party leader József Tóbiás said that his party believed the government was not ready to rule out reintroducing the law.