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Hungary's Industry Swings To The Fast Lane In May
- 15 Jul 2010 1:00 AM
- business
"Hungary’s industrial production rose by 5.4% month on month in May, accelerating from 1.2% in April, according to final figures published by the Central Statistics Office (KSH) on Wednesday. IP was up 13.7% year on year, according to both unadjusted and working-day-adjusted figures, up from 9.7% in April. The preliminary numbers were the same.
Hungary's Magyar Telekom Appoints New Chief Officer
- 13 Jul 2010 1:00 AM
- tech
"Magyar Telekom, Hungary’s leading telecommunications group, has announced that its Board of Directors appointed Attila Keszég Chief Sales and Services Officer on Monday. He will take up his position on 1 September. Keszég will also become member of Magyar Telekom’s Management Committee.
Hungary Needs New Growth Model For Successful Euro Adoption
- 19 May 2010 5:00 AM
- business
"Hungarian version
The earlier path of financing growth from foreign borrowing can no longer be sustained in Hungary, the National Bank of Hungary (NBH) said in its Report on the Convergence Process published on Wednesday. Reducing Hungary’s public and external debts is the key to sustainable growth and successful euro adoption. In other words, the economy will need to rely on a greater ...
Hungary's Forint Gains Sharply Against Euro On Massive EU Bailout
- 11 May 2010 3:00 AM
- business
"In tandem with the rally on global stock markets Hungary’s forint has firmed sharply on Monday morning and gained 2% versus the euro in a matter of hours. The spectacular improvement in global investor sentiment comes after an unprecedented decision by the European Union to support the embattled euro and the eurozone’s weakest nations struggling with debt with a massive bailout package of EUR ...
Embassies In Hungary Going Green And Fair Trade
- 10 May 2010 3:00 AM
- community & culture
"In January, the Dutch Embassy became the first embassy in Hungary to go Fair Trade. The embassy just placed their first order of Treehugger Dan's Fair Trade Kafequo coffee (55% arabica/45% robusta). The beans come from Peru and Tanzania, and are mixed and roasted by Caffe Agust in Italy. This move was quickly followed by the Gambian Embassy.
Hungary Orbán Names New Ministers
- 6 May 2010 1:00 AM
- current affairs
"Hungary’s Prime Minister-elect Viktor Orbán has presented the members of his cabinet to the public. The names match those that have been circulating in the press as the most likely candidates.
Ryanair FWd Up With High Airport Rates, Turns Its Back On Budapest
- 29 Apr 2010 2:00 AM
- travel
"Ireland’s no-frills airline Ryanair has decided to withdraw from Budapest as of 31 October, as the operator of the Ferihegy International Airport rejected its request to lower charges considerably, the carrier has announced on Thursday.
Consumer Confidence In Hungary Jumps To 2006 Level
- 21 Apr 2010 5:00 AM
- shopping
"The confidence indices of Hungary’s GKI have been rising since May 2009. The think tank’s economic sentiment index has climbed back to pre-crisis (Sept 2008) levels, and the consumer confidence index rose to a level not seen since 2006.
EU May Ease State Aid Rules To Offset Airline Losses
- 20 Apr 2010 5:00 AM
- business
"light bans triggered by a volcanic eruption in Iceland are being lifted all over Europe. Hungary has first called off overflight restrictions above 7,500 metres (24,000 feet) and then suspended general no-fly regulations at noon today. In the meantime, economists have warned that air travel disruption depends entirely on how long the eruption of the Eyjafjallajökull Volcano and the dispersion of ...
Hungary's Industry Swings To The Fast Lane In May
- 15 Jul 2010 1:00 AM
- business
"Hungary’s industrial production rose by 5.4% month on month in May, accelerating from 1.2% in April, according to final figures published by the Central Statistics Office (KSH) on Wednesday. IP was up 13.7% year on year, according to both unadjusted and working-day-adjusted figures, up from 9.7% in April. The preliminary numbers were the same.
Hungary's Magyar Telekom Appoints New Chief Officer
- 13 Jul 2010 1:00 AM
- tech
"Magyar Telekom, Hungary’s leading telecommunications group, has announced that its Board of Directors appointed Attila Keszég Chief Sales and Services Officer on Monday. He will take up his position on 1 September. Keszég will also become member of Magyar Telekom’s Management Committee.
Hungary Needs New Growth Model For Successful Euro Adoption
- 19 May 2010 5:00 AM
- business
"Hungarian version
The earlier path of financing growth from foreign borrowing can no longer be sustained in Hungary, the National Bank of Hungary (NBH) said in its Report on the Convergence Process published on Wednesday. Reducing Hungary’s public and external debts is the key to sustainable growth and successful euro adoption. In other words, the economy will need to rely on a greater ...
Hungary's Forint Gains Sharply Against Euro On Massive EU Bailout
- 11 May 2010 3:00 AM
- business
"In tandem with the rally on global stock markets Hungary’s forint has firmed sharply on Monday morning and gained 2% versus the euro in a matter of hours. The spectacular improvement in global investor sentiment comes after an unprecedented decision by the European Union to support the embattled euro and the eurozone’s weakest nations struggling with debt with a massive bailout package of EUR ...
Embassies In Hungary Going Green And Fair Trade
- 10 May 2010 3:00 AM
- community & culture
"In January, the Dutch Embassy became the first embassy in Hungary to go Fair Trade. The embassy just placed their first order of Treehugger Dan's Fair Trade Kafequo coffee (55% arabica/45% robusta). The beans come from Peru and Tanzania, and are mixed and roasted by Caffe Agust in Italy. This move was quickly followed by the Gambian Embassy.
Hungary Orbán Names New Ministers
- 6 May 2010 1:00 AM
- current affairs
"Hungary’s Prime Minister-elect Viktor Orbán has presented the members of his cabinet to the public. The names match those that have been circulating in the press as the most likely candidates.
Ryanair FWd Up With High Airport Rates, Turns Its Back On Budapest
- 29 Apr 2010 2:00 AM
- travel
"Ireland’s no-frills airline Ryanair has decided to withdraw from Budapest as of 31 October, as the operator of the Ferihegy International Airport rejected its request to lower charges considerably, the carrier has announced on Thursday.
Consumer Confidence In Hungary Jumps To 2006 Level
- 21 Apr 2010 5:00 AM
- shopping
"The confidence indices of Hungary’s GKI have been rising since May 2009. The think tank’s economic sentiment index has climbed back to pre-crisis (Sept 2008) levels, and the consumer confidence index rose to a level not seen since 2006.
EU May Ease State Aid Rules To Offset Airline Losses
- 20 Apr 2010 5:00 AM
- business
"light bans triggered by a volcanic eruption in Iceland are being lifted all over Europe. Hungary has first called off overflight restrictions above 7,500 metres (24,000 feet) and then suspended general no-fly regulations at noon today. In the meantime, economists have warned that air travel disruption depends entirely on how long the eruption of the Eyjafjallajökull Volcano and the dispersion of ...