1,861 result(s) for on hold
Hungarian Competition Authority Fines Banks USD 13.8 Million
- 13 Jan 2016 8:00 AM
- business
Hungary’s Economic Competition Authority (GVH) has fined the Hungarian Banking Association HUF 4 billion (USD 13.8 million) and the Banker Training Institute HUF 15 million (USD 52,000) for the “unlawful horizontal sharing of information”.
Hungary’s Fourth Biggest City Miskolc Mass Transport Strike Likely
- 5 Jan 2016 8:00 AM
- getting around
The Miskolc bus and tram drivers union will begin talks with the city tomorrow on providing minimum services during a strike, as the two sides have failed to reach agreement on 2015 wages. The union and Miskolc Holding agreed last April on a 3% wage hike for 2015, retroactive to January, for all 3,000 workers of the public transport company. However, the raises were never paid, due to “liquidity ...
Defence Minister: Hungarian Soldiers Stand Ground In Crises
- 4 Jan 2016 8:00 AM
- current affairs
Hungarian soldiers have “proved in recent crisis situations that they can hold their ground and serve the homeland,” the defence minister said, adding that the military deserves further support. Interviewed by MTI, István Simicskó said that Hungarian soldiers had worked hard building an iron fence along sections of the southern borders, and have patrolled the borders and several cities since the ...
Traditional "Farsang" Carnival Season In Hungary
- 1 Jan 2016 8:09 AM
- entertainment
The Farsang ("Fasching" in German, "Carnevale" in Italian, "Carnival" in English, "Mardi Gras" in French) season is upon us, and throughout Europe (especially in the Christian countries), and in the US in New Orleans in particular. This is the period to eat, drink and be merry before Lent, as Lent is the period of fasting and abstinence which begins on Ash Wednesday.
Hungary’s Monetary Council Assesses Economic Trends, Prospects
- 24 Dec 2015 8:00 AM
- business
Hungary’s economic growth continued but a degree of unused capacity remained in the economy, and the domestic real economic environment continued to have a disinflationary impact, the Monetary Council of the National Bank of Hungary (NBH) concluded in its December 15 policy meeting. According to the condensed minutes of the meeting released on Wednesday, the members unanimously voted to keep the ...
Hungarian Swimmer Katinka Hosszú Slams Swimming Federation
- 23 Dec 2015 8:00 AM
- sport
Katinka Hosszú, Hungary’s most successful swimmer of recent years, criticised the Hungarian Swimming Federation yesterday, accusing its leaders of complacency rather than stepping up efforts to help the nation’s swimmers. The world and European swimming champion, holder of several world records, told a Budapest press conference that she did not expect and did not receive additional resources from ...
5* Party Destination: XANA Beach Club, Interview With Paul Oakenfold In Phuket
- 21 Dec 2015 8:00 AM
- travel
Thailand's one of the most popular sunshine destinations to escape winter in Hungary for a while, and there's no better way to heat up your holiday than with a beach party... Phuket’s high-season kicked off with a sonic bang last week at XANA Beach Club, with a high-energy DJ Festival featuring local talent and international stars.
WAMP Design Fair Budapest, Millenáris, 20 December
- 17 Dec 2015 8:00 AM
- shopping
At 20 December the favourite design fair of Budapest is kicking off last time this year. There will be again a record number of exhibitors nearly 250 designers will turn Millenáris into a vibrant market place. As at all Christmas WAMPs the upper part of the hall will also be full with designers so you can choose from a range of designer- and gastro products at two floors.
Analysts Expect Hungarian National Bank Announcement Re Liquidity
- 14 Dec 2015 8:00 AM
- business
The MNB’s monetary council is widely expected to keep the rate on hold at 1.35% at the last rate-setting meeting of the year on Tuesday. Instead, analysts are turning their attention to the possible expansion of non-conventional monetary tools, designed to redirect deposits held at the central bank by banks to the bond market. The MNB is also expected to announce its revised growth targets.
Hungarian Competition Authority Fines Banks USD 13.8 Million
- 13 Jan 2016 8:00 AM
- business
Hungary’s Economic Competition Authority (GVH) has fined the Hungarian Banking Association HUF 4 billion (USD 13.8 million) and the Banker Training Institute HUF 15 million (USD 52,000) for the “unlawful horizontal sharing of information”.
Hungary’s Fourth Biggest City Miskolc Mass Transport Strike Likely
- 5 Jan 2016 8:00 AM
- getting around
The Miskolc bus and tram drivers union will begin talks with the city tomorrow on providing minimum services during a strike, as the two sides have failed to reach agreement on 2015 wages. The union and Miskolc Holding agreed last April on a 3% wage hike for 2015, retroactive to January, for all 3,000 workers of the public transport company. However, the raises were never paid, due to “liquidity ...
Defence Minister: Hungarian Soldiers Stand Ground In Crises
- 4 Jan 2016 8:00 AM
- current affairs
Hungarian soldiers have “proved in recent crisis situations that they can hold their ground and serve the homeland,” the defence minister said, adding that the military deserves further support. Interviewed by MTI, István Simicskó said that Hungarian soldiers had worked hard building an iron fence along sections of the southern borders, and have patrolled the borders and several cities since the ...
Traditional "Farsang" Carnival Season In Hungary
- 1 Jan 2016 8:09 AM
- entertainment
The Farsang ("Fasching" in German, "Carnevale" in Italian, "Carnival" in English, "Mardi Gras" in French) season is upon us, and throughout Europe (especially in the Christian countries), and in the US in New Orleans in particular. This is the period to eat, drink and be merry before Lent, as Lent is the period of fasting and abstinence which begins on Ash Wednesday.
Hungary’s Monetary Council Assesses Economic Trends, Prospects
- 24 Dec 2015 8:00 AM
- business
Hungary’s economic growth continued but a degree of unused capacity remained in the economy, and the domestic real economic environment continued to have a disinflationary impact, the Monetary Council of the National Bank of Hungary (NBH) concluded in its December 15 policy meeting. According to the condensed minutes of the meeting released on Wednesday, the members unanimously voted to keep the ...
Hungarian Swimmer Katinka Hosszú Slams Swimming Federation
- 23 Dec 2015 8:00 AM
- sport
Katinka Hosszú, Hungary’s most successful swimmer of recent years, criticised the Hungarian Swimming Federation yesterday, accusing its leaders of complacency rather than stepping up efforts to help the nation’s swimmers. The world and European swimming champion, holder of several world records, told a Budapest press conference that she did not expect and did not receive additional resources from ...
5* Party Destination: XANA Beach Club, Interview With Paul Oakenfold In Phuket
- 21 Dec 2015 8:00 AM
- travel
Thailand's one of the most popular sunshine destinations to escape winter in Hungary for a while, and there's no better way to heat up your holiday than with a beach party... Phuket’s high-season kicked off with a sonic bang last week at XANA Beach Club, with a high-energy DJ Festival featuring local talent and international stars.
WAMP Design Fair Budapest, Millenáris, 20 December
- 17 Dec 2015 8:00 AM
- shopping
At 20 December the favourite design fair of Budapest is kicking off last time this year. There will be again a record number of exhibitors nearly 250 designers will turn Millenáris into a vibrant market place. As at all Christmas WAMPs the upper part of the hall will also be full with designers so you can choose from a range of designer- and gastro products at two floors.
Analysts Expect Hungarian National Bank Announcement Re Liquidity
- 14 Dec 2015 8:00 AM
- business
The MNB’s monetary council is widely expected to keep the rate on hold at 1.35% at the last rate-setting meeting of the year on Tuesday. Instead, analysts are turning their attention to the possible expansion of non-conventional monetary tools, designed to redirect deposits held at the central bank by banks to the bond market. The MNB is also expected to announce its revised growth targets.