3,253 result(s) for rule
National Bank of Hungary Sets Foreign Currency Balance Indicator For Banks
- 31 Jul 2015 9:00 AM
- business
The National Bank of Hungary (NBH) will require banks to have a foreign currency balance indicator (DEM) of maximum 0.15 starting from January 1, 2016, according to a decree by the governor of the NBH published in the Thursday issue of the official gazette Magyar Közlöny. DEM for banks will be calculated based on the balance of foreign currency assets and liabilities divided by total assets.
Ombudsman Calls For Closure Of Psychicatric Ward In Budapest
- 31 Jul 2015 9:00 AM
- health & wellness
The ombudsman for fundamental rights has asked the human resources ministry to close down a mental asylum in Budapest’s Merényi Gusztáv Hospital. In his report, László Székely described the facility as a place where security guards are employed to intimidate patients and where some patients are “tied to radiators”. The ombudsman also suggested that patients whose documented status no longer ...
Most Hungarians Support Stricter Migration Rules
- 28 Jul 2015 9:00 AM
- current affairs
The vast majority of Hungarians who returned the government’s questionnaire on migration said that tighter regulations are needed both on a national and a European level to stem the flow of illegal migrants into Hungary, government spokesman Zoltán Kovács said. A negligible amount of respondents disagreed with the statements in the questionnaire, Kovács told a press conference.
Xpat Opinion: Hungary's PM Orbán’s Speech At Tusnádfürdő
- 28 Jul 2015 9:00 AM
- current affairs
Commentators find PM Orbán’s speech focusing on illegal migration at Fidesz’s annual summer university more moderate and cautious than his addresses in previous years. In his address at the Youth Free University at the Carpathian resort town of Baile Tusnad (Tusnádfürdő), in Romania, Viktor Orbán talked about the challenges facing Europe and Hungary. He underlined that the European Union has been ...
Refugee Camp In Vámosszabadi, Hungary Dangerously Overcrowded
- 28 Jul 2015 9:00 AM
- current affairs
The Vámosszabadi refugee camp in southern Hungary is dangerously overcrowded. There refugees can choose between sleeping side by side on cots indoors or sleeping in tents where temperatures reach 110 degrees. Others opt to sleep in a small wood nearby. There are not enough toilets. Garbage is everywhere.
Rakéta Fesztivál Around Budapest, Until 26 July
- 23 Jul 2015 11:50 AM
- entertainment
By We Love Budapest : Known as the Hungarian SXSW, the Rakéta Festival blasts into this week with high-flying young musicians filling the city’s coolest clubs during July 20-26. The Hungarian bedroom-pop and rock scene is only the top of the pops: we have doll-metal bands, chemical protective Nintendopunk, and a lot more. If you want to ...
Hungarian-Serbian River Border Crossing Opens In Szeged
- 23 Jul 2015 9:00 AM
- getting around
A Hungarian-Serbian border crossing on the Tisza river has been inaugurated in Szeged, southern Hungary. Foreign ministry state secretary László Szabó said the government aims to improve infrastructure between Hungary and neighbouring countries. Szabó said there are a total of 100 border crossings in Hungary, sixteen of which have been established since 2010.
Two Types Of Border Fence To Be Built On Serbian-Hungarian Border
- 23 Jul 2015 9:00 AM
- current affairs
The Government decided on the construction of two types of border fence at its Tuesday meeting; the Ministry of Interior and the Ministry of Defence will build an almost four-metre-tall fence on the sections of the border which can be easily penetrated, the Minister heading the Prime Minister’s Office informed the press at a press conference held during the break of the cabinet meeting.
Hungarian Govt “Ready To Face” EC Probes
- 17 Jul 2015 9:00 AM
- business
The government is ready to face European Commission probes into Hungary’s supermarket oversight fee and health-care contribution payable by tobacco companies, government office chief János Lázár said. He insisted that the Spar supermarket chain and tobacco maker Philip Morris had filed complaints against Hungary in Brussels, and the government is ready to “argue its case”.
National Bank of Hungary Sets Foreign Currency Balance Indicator For Banks
- 31 Jul 2015 9:00 AM
- business
The National Bank of Hungary (NBH) will require banks to have a foreign currency balance indicator (DEM) of maximum 0.15 starting from January 1, 2016, according to a decree by the governor of the NBH published in the Thursday issue of the official gazette Magyar Közlöny. DEM for banks will be calculated based on the balance of foreign currency assets and liabilities divided by total assets.
Ombudsman Calls For Closure Of Psychicatric Ward In Budapest
- 31 Jul 2015 9:00 AM
- health & wellness
The ombudsman for fundamental rights has asked the human resources ministry to close down a mental asylum in Budapest’s Merényi Gusztáv Hospital. In his report, László Székely described the facility as a place where security guards are employed to intimidate patients and where some patients are “tied to radiators”. The ombudsman also suggested that patients whose documented status no longer ...
Most Hungarians Support Stricter Migration Rules
- 28 Jul 2015 9:00 AM
- current affairs
The vast majority of Hungarians who returned the government’s questionnaire on migration said that tighter regulations are needed both on a national and a European level to stem the flow of illegal migrants into Hungary, government spokesman Zoltán Kovács said. A negligible amount of respondents disagreed with the statements in the questionnaire, Kovács told a press conference.
Xpat Opinion: Hungary's PM Orbán’s Speech At Tusnádfürdő
- 28 Jul 2015 9:00 AM
- current affairs
Commentators find PM Orbán’s speech focusing on illegal migration at Fidesz’s annual summer university more moderate and cautious than his addresses in previous years. In his address at the Youth Free University at the Carpathian resort town of Baile Tusnad (Tusnádfürdő), in Romania, Viktor Orbán talked about the challenges facing Europe and Hungary. He underlined that the European Union has been ...
Refugee Camp In Vámosszabadi, Hungary Dangerously Overcrowded
- 28 Jul 2015 9:00 AM
- current affairs
The Vámosszabadi refugee camp in southern Hungary is dangerously overcrowded. There refugees can choose between sleeping side by side on cots indoors or sleeping in tents where temperatures reach 110 degrees. Others opt to sleep in a small wood nearby. There are not enough toilets. Garbage is everywhere.
Rakéta Fesztivál Around Budapest, Until 26 July
- 23 Jul 2015 11:50 AM
- entertainment
By We Love Budapest : Known as the Hungarian SXSW, the Rakéta Festival blasts into this week with high-flying young musicians filling the city’s coolest clubs during July 20-26. The Hungarian bedroom-pop and rock scene is only the top of the pops: we have doll-metal bands, chemical protective Nintendopunk, and a lot more. If you want to ...
Hungarian-Serbian River Border Crossing Opens In Szeged
- 23 Jul 2015 9:00 AM
- getting around
A Hungarian-Serbian border crossing on the Tisza river has been inaugurated in Szeged, southern Hungary. Foreign ministry state secretary László Szabó said the government aims to improve infrastructure between Hungary and neighbouring countries. Szabó said there are a total of 100 border crossings in Hungary, sixteen of which have been established since 2010.
Two Types Of Border Fence To Be Built On Serbian-Hungarian Border
- 23 Jul 2015 9:00 AM
- current affairs
The Government decided on the construction of two types of border fence at its Tuesday meeting; the Ministry of Interior and the Ministry of Defence will build an almost four-metre-tall fence on the sections of the border which can be easily penetrated, the Minister heading the Prime Minister’s Office informed the press at a press conference held during the break of the cabinet meeting.
Hungarian Govt “Ready To Face” EC Probes
- 17 Jul 2015 9:00 AM
- business
The government is ready to face European Commission probes into Hungary’s supermarket oversight fee and health-care contribution payable by tobacco companies, government office chief János Lázár said. He insisted that the Spar supermarket chain and tobacco maker Philip Morris had filed complaints against Hungary in Brussels, and the government is ready to “argue its case”.