2,171 result(s) for raise
Hungary’s Budget Runs EUR 3.2bn Deficit At The End Of August
- 7 Sep 2017 4:00 AM
- business
Hungary’s cash flow-based budget deficit, excluding local councils, was at 979.9 billion forints (EUR 3.2bn) at the end of August, preliminary data released by the Economy Ministry on Thursday show. The deficit reached 84 percent of the 1,166.4 billion forint full-year target.
Asbestos Cement Found In City Park Not A Health Risk, Says Városliget Zrt
- 4 Sep 2017 10:00 AM
- health & wellness
The asbestos cement found at a construction site in the City Park does not constitute a direct risk to health, the company responsible for the site, Városliget Zrt., said on Thursday. During demolition of the Petőfi Csarnok concert venue, all materials containing asbestos were removed by experts, the company’s statement said.
Hungary’s Larger Opposition Parties Call For Pension Reform
- 1 Sep 2017 3:00 AM
- current affairs
Hungary’s larger opposition parties agreed at a forum on Thursday on the need to reform Hungary’s pension system. Hungary currently operates a mandatory, defined-benefit pay-as-you-go pension system with a retirement age set at 63. A public minimum pension, set at a monthly 28,500 forints (EUR 93), is combined with an earnings-related pension. In late 2010, the government suspended the mandatory ...
Socialists Call On Hungarian Government To Cut Gas Prices
- 1 Sep 2017 2:00 AM
- current affairs
The opposition Socialist Party (MSZP) on Thursday called on the government to cut household gas prices, arguing that global energy prices have fallen significantly since 2014. Speaking at a press conference, Socialist Party group leader Bertalan Tóth said that over the last three years the government “has ignored the fact that global energy prices have fallen by significant margins”.
Postponed: Hungarian Cricket Association: Corporate Day, 3 September
- 31 Aug 2017 12:50 PM
- sport
With the dual aim of collecting funds for native Hungarian cricketers and raising the domestic profile of the world’s second most popular sport, the Hungarian Cricket Association (HCA) is hosting its very first Corporate Day tournament with the participation of teams from international companies on Sunday.
Strong Growth In Hungary SME Lending Continued In 2017 Q2
- 29 Aug 2017 11:42 AM
- business
In 2017 Q2, developments in corporate and household lending showed a further improvement. The annual growth rate of total corporate loans accelerated to 7 per cent. Lending to SMEs, including the self-employed sector, expanded by 13 per cent. As a result, SME lending was able to grow on market basis following the termination of the Funding for Growth Scheme.
Nigerian Expats Protest Against ‘Unacceptable’ Hungarian Loan To Nigeria
- 29 Aug 2017 8:00 AM
- current affairs
An umbrella organization for expat Nigerians in Hungary has come out against plans for Hungary to offer a EUR 54 million loan to Nigeria for writing “a detailed study” about river flooding on the Niger and Benue rivers. On Thursday, the Association of Nigerians in Hungary along with other members of Hungary’s Nigerian community protested the planned loan by personally dropping off letters at the ...
Local Opinion: Dutch-Hungarian Diplomatic Dispute
- 28 Aug 2017 8:54 AM
- current affairs
Pro-government commentators welcome the government’s firm reaction to criticism from the Dutch ambassador to Budapest. Left-wing and liberal pundits, on the other hand, accuse the government of paranoia and overreaction.
Xellia Pharmaceuticals Inaugurates 13 Million Dollars Expansion In Budapest
- 23 Aug 2017 9:00 AM
- business
Denmark’s Xellia Pharmaceuticals inaugurated a 13 million dollar expansion at its base in Budapest on Tuesday. Xellia added microbiology and chemical analytical laboratories, a product stability centre and administrative offices in a 3,000sqm building next to its manufacturing plant in Budapest’s 10th district.
Hungary’s Budget Runs EUR 3.2bn Deficit At The End Of August
- 7 Sep 2017 4:00 AM
- business
Hungary’s cash flow-based budget deficit, excluding local councils, was at 979.9 billion forints (EUR 3.2bn) at the end of August, preliminary data released by the Economy Ministry on Thursday show. The deficit reached 84 percent of the 1,166.4 billion forint full-year target.
Asbestos Cement Found In City Park Not A Health Risk, Says Városliget Zrt
- 4 Sep 2017 10:00 AM
- health & wellness
The asbestos cement found at a construction site in the City Park does not constitute a direct risk to health, the company responsible for the site, Városliget Zrt., said on Thursday. During demolition of the Petőfi Csarnok concert venue, all materials containing asbestos were removed by experts, the company’s statement said.
Hungary’s Larger Opposition Parties Call For Pension Reform
- 1 Sep 2017 3:00 AM
- current affairs
Hungary’s larger opposition parties agreed at a forum on Thursday on the need to reform Hungary’s pension system. Hungary currently operates a mandatory, defined-benefit pay-as-you-go pension system with a retirement age set at 63. A public minimum pension, set at a monthly 28,500 forints (EUR 93), is combined with an earnings-related pension. In late 2010, the government suspended the mandatory ...
Socialists Call On Hungarian Government To Cut Gas Prices
- 1 Sep 2017 2:00 AM
- current affairs
The opposition Socialist Party (MSZP) on Thursday called on the government to cut household gas prices, arguing that global energy prices have fallen significantly since 2014. Speaking at a press conference, Socialist Party group leader Bertalan Tóth said that over the last three years the government “has ignored the fact that global energy prices have fallen by significant margins”.
Postponed: Hungarian Cricket Association: Corporate Day, 3 September
- 31 Aug 2017 12:50 PM
- sport
With the dual aim of collecting funds for native Hungarian cricketers and raising the domestic profile of the world’s second most popular sport, the Hungarian Cricket Association (HCA) is hosting its very first Corporate Day tournament with the participation of teams from international companies on Sunday.
Strong Growth In Hungary SME Lending Continued In 2017 Q2
- 29 Aug 2017 11:42 AM
- business
In 2017 Q2, developments in corporate and household lending showed a further improvement. The annual growth rate of total corporate loans accelerated to 7 per cent. Lending to SMEs, including the self-employed sector, expanded by 13 per cent. As a result, SME lending was able to grow on market basis following the termination of the Funding for Growth Scheme.
Nigerian Expats Protest Against ‘Unacceptable’ Hungarian Loan To Nigeria
- 29 Aug 2017 8:00 AM
- current affairs
An umbrella organization for expat Nigerians in Hungary has come out against plans for Hungary to offer a EUR 54 million loan to Nigeria for writing “a detailed study” about river flooding on the Niger and Benue rivers. On Thursday, the Association of Nigerians in Hungary along with other members of Hungary’s Nigerian community protested the planned loan by personally dropping off letters at the ...
Local Opinion: Dutch-Hungarian Diplomatic Dispute
- 28 Aug 2017 8:54 AM
- current affairs
Pro-government commentators welcome the government’s firm reaction to criticism from the Dutch ambassador to Budapest. Left-wing and liberal pundits, on the other hand, accuse the government of paranoia and overreaction.
Xellia Pharmaceuticals Inaugurates 13 Million Dollars Expansion In Budapest
- 23 Aug 2017 9:00 AM
- business
Denmark’s Xellia Pharmaceuticals inaugurated a 13 million dollar expansion at its base in Budapest on Tuesday. Xellia added microbiology and chemical analytical laboratories, a product stability centre and administrative offices in a 3,000sqm building next to its manufacturing plant in Budapest’s 10th district.