548 result(s) for reduction
Analysts Expect Further Easing By MNB In Hungary
- 15 Dec 2012 6:00 AM
- business
The MNB’s monetary council will cut the base rate from 6.0% to 5.75% at its rate-setting meeting next Tuesday, in the unanimous view of analysts queried by Napi Gazdasag. A similar survey by Reuters last week produced a similar result.
Cabinet Approves E.ON Deal & Cuts In District Heating Fees In Hungary
- 15 Dec 2012 6:00 AM
- current affairs
The cabinet confirmed plans to impose a 10% cut on district heating prices from January 1 and approved the purchase of E.ON's Hungarian gas operations, spokesman Andras Giro-Szasz announced. The cabinet last week announced a 10% reduction in rates charged to household by gas and electricity distributors.
Xpat Opinion: Hungarian Government’s Chances In The Tuition Battle
- 14 Dec 2012 4:00 AM
- current affairs
A centrist analyst asks if the government can avoid paying a heavy political price for its higher education reform and the communication strategy which surrounds it.
Hungary's Downgrade By Standard&Poor’s Rating Services Should Not Be Taken Seriously
- 27 Nov 2012 8:02 AM
- business
Rating agencies can no longer be taken seriously as they were the ones that suffered the largest loss of credibility during the years of crisis. Having failed to predict the financial crisis, they are a thing of the past now. The future will not depend on them or on speculators, but on countries and production. Instead of credit rating agencies, Hungary has been assessed by investors which have ...
Ryanair Announces 40% Cuts At Budapest
- 23 Nov 2012 8:04 AM
- travel
Ryanair, Europe’s only ultra-low cost airline, today (22 Nov) announced 40% cuts at its Budapest base with the closure of 10 routes and loss of over 280 weekly flights from 10 Jan 2013 after the Hochtief-run airport increased charges, refused to provide efficient facilities and failed to offer a competitive cost base for future growth offered by Ryanair. Ryanair’s Budapest traffic will fall by ...
Irish Taoiseach Discussed EU Issues With Hungary's Prime Minister
- 9 Nov 2012 8:00 AM
- current affairs
Hungary considers it very important that the European Union should increasingly promote the policy of free trade and the upcoming Irish presidency of the EU is likely to support this trend, Prime Minister Viktor Orbán said on Thursday after meeting Irish counterpart Taoiseach Enda Kenny.
Minister Of State Cséfalvay On The Hungarian Economy And Talks With The IMF
- 17 Oct 2012 9:00 AM
- current affairs
“Europe was slumbering in the past decade and so was Hungary”, as no real reforms had been implemented either domestically or abroad – Minister of State for Economic Strategy pointed out in his speech held at the Budapest Economic Forum. The Minister of State at the Ministry for National Economy has described those key reasons which had caused a dual, political-economic crisis in the euro-zone ...
Hungarian Government Will Announce Action Plans Aimed At The Lower Middle Class In 2013
- 15 Oct 2012 9:01 AM
- current affairs
On Kossuth public radio station the Hungarian prime minister confirmed on Friday that action will be taken in support of the lower middle class next year, adding that Hungary is not far from coming to a ‘good agreement’ with the International Monetary Fund.
Hungary's Gov’t Launches Anti-IMF Ad Campaign
- 11 Oct 2012 1:03 AM
- current affairs
This week the government placed full-page advertisements on the back pages of major newspapers to declare that it “will not give in to the IMF” in general, nor on specific issues. The ad in Magyar Hírlap is a brief message in large letters reading: “No to reductions in family support. We are not giving in to the IMF”.
A similar ad on the back page of Népszava declares “No to the property tax. We ...
Analysts Expect Further Easing By MNB In Hungary
- 15 Dec 2012 6:00 AM
- business
The MNB’s monetary council will cut the base rate from 6.0% to 5.75% at its rate-setting meeting next Tuesday, in the unanimous view of analysts queried by Napi Gazdasag. A similar survey by Reuters last week produced a similar result.
Cabinet Approves E.ON Deal & Cuts In District Heating Fees In Hungary
- 15 Dec 2012 6:00 AM
- current affairs
The cabinet confirmed plans to impose a 10% cut on district heating prices from January 1 and approved the purchase of E.ON's Hungarian gas operations, spokesman Andras Giro-Szasz announced. The cabinet last week announced a 10% reduction in rates charged to household by gas and electricity distributors.
Xpat Opinion: Hungarian Government’s Chances In The Tuition Battle
- 14 Dec 2012 4:00 AM
- current affairs
A centrist analyst asks if the government can avoid paying a heavy political price for its higher education reform and the communication strategy which surrounds it.
Hungary's Downgrade By Standard&Poor’s Rating Services Should Not Be Taken Seriously
- 27 Nov 2012 8:02 AM
- business
Rating agencies can no longer be taken seriously as they were the ones that suffered the largest loss of credibility during the years of crisis. Having failed to predict the financial crisis, they are a thing of the past now. The future will not depend on them or on speculators, but on countries and production. Instead of credit rating agencies, Hungary has been assessed by investors which have ...
Ryanair Announces 40% Cuts At Budapest
- 23 Nov 2012 8:04 AM
- travel
Ryanair, Europe’s only ultra-low cost airline, today (22 Nov) announced 40% cuts at its Budapest base with the closure of 10 routes and loss of over 280 weekly flights from 10 Jan 2013 after the Hochtief-run airport increased charges, refused to provide efficient facilities and failed to offer a competitive cost base for future growth offered by Ryanair. Ryanair’s Budapest traffic will fall by ...
Irish Taoiseach Discussed EU Issues With Hungary's Prime Minister
- 9 Nov 2012 8:00 AM
- current affairs
Hungary considers it very important that the European Union should increasingly promote the policy of free trade and the upcoming Irish presidency of the EU is likely to support this trend, Prime Minister Viktor Orbán said on Thursday after meeting Irish counterpart Taoiseach Enda Kenny.
Minister Of State Cséfalvay On The Hungarian Economy And Talks With The IMF
- 17 Oct 2012 9:00 AM
- current affairs
“Europe was slumbering in the past decade and so was Hungary”, as no real reforms had been implemented either domestically or abroad – Minister of State for Economic Strategy pointed out in his speech held at the Budapest Economic Forum. The Minister of State at the Ministry for National Economy has described those key reasons which had caused a dual, political-economic crisis in the euro-zone ...
Hungarian Government Will Announce Action Plans Aimed At The Lower Middle Class In 2013
- 15 Oct 2012 9:01 AM
- current affairs
On Kossuth public radio station the Hungarian prime minister confirmed on Friday that action will be taken in support of the lower middle class next year, adding that Hungary is not far from coming to a ‘good agreement’ with the International Monetary Fund.
Hungary's Gov’t Launches Anti-IMF Ad Campaign
- 11 Oct 2012 1:03 AM
- current affairs
This week the government placed full-page advertisements on the back pages of major newspapers to declare that it “will not give in to the IMF” in general, nor on specific issues. The ad in Magyar Hírlap is a brief message in large letters reading: “No to reductions in family support. We are not giving in to the IMF”.
A similar ad on the back page of Népszava declares “No to the property tax. We ...