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Plans For Budapest’s New 65 000-Seat Football Stadium Revealed
- 3 Jun 2015 9:00 AM
- sport
The Ministry for National Development has disclosed plans of Budapest’s new 65 000-set football stadium, which is planned to replace the current Puskás Ferenc Stadium near corner of Hungária körút and Kerepesi út in Budapest.
Habitat For Humanity: Rebuilding Homes & Communities In Hungary
- 16 Apr 2015 9:00 AM
- property
One and a half million Hungarians live in dwellings unfit for human habitation. No bathroom, toilet out in the yard, windows that let in the cold air, walls black from smoke. In Ág, a small village in the southern Hungarian Baranya county, the locals washed themselves in wash tubs. Last year Habitat for Humanity appeared and offered building material for volunteer work.
Xpat Opinion: Leaders Avoid Losses, But May Pay At The Polls
- 15 Apr 2015 9:00 AM
- business
By Tom Popper, Managing Editor, Budapest Business Journal: When Quaestor investment house went bust, so did a lot of hard−working people. The government and Győr’s football team were unscathed, but many ordinary citizens were not.
Individuals In Hungary Hoard Cash, Shun Banks
- 3 Apr 2015 9:00 AM
- business
Individuals have closed over 430,000 bank accounts over the last two years and 280,000 in 2014 alone, reports Világgazdaság. As a result, the number of private bank accounts dropped to 9.4 million, the lowest figure since 2010.
Hungary's President Asked Not To Sign Broker Age Asset -Seizure Law
- 2 Apr 2015 9:00 AM
- current affairs
The opposition Socialists have asked President János Áder to withhold his signature from the law on seizing the assets of brokerages to compensate the victims of brokerage scandals because the law exempts Quaestor’s banking division. Deputy chairman of parliament’s legislative committee, Gergely Bárándy, told a joint press conference held with deputy Socialist group leader Bertalan Tóth that ...
Interview 2: HMA Jonathan Knott, Former British Ambassador To Hungary
- 11 Mar 2015 11:00 AM
What’s been happening at work and at home since your first Xpat Interview?
Hungarian Health Care Workers Earn 1/10th That Of Their Western Counterparts
- 9 Mar 2015 8:00 AM
- health & wellness
The people need to understand that we are not talking about how much residents or expert doctors make, but whether they will be treated when they go to hospital, says Tamás Dénes, President of the Hungarian Residents Association. Doctors and expert health workers are moving abroad because of low wages and poor working conditions.
Xpat Opnion: First State-Owned Hungarian Bank Is Already In Trouble
- 19 Dec 2014 12:00 AM
- current affairs
Great interest preceded a press conference held jointly by Prime Minister Viktor Orbán and György Matolcsy, governor of the Hungarian National Bank (HNB), this morning. What was so important that these two men would have to appear together in public? It had to be something momentous. Well, it was. The newly “nationalized” Magyar Külkereskedemi Bank (MKB) is in serious trouble and the Hungarian ...
Hungarian Parliament Passes Debt Relief Act
- 26 Sep 2014 1:00 AM
- business
Parliament passed the Debt Relief Act yesterday requiring banks to return millions of forints to forex- and forint-loan debtors for losses arising from unilateral contract modifications and currency margin disparities.
Plans For Budapest’s New 65 000-Seat Football Stadium Revealed
- 3 Jun 2015 9:00 AM
- sport
The Ministry for National Development has disclosed plans of Budapest’s new 65 000-set football stadium, which is planned to replace the current Puskás Ferenc Stadium near corner of Hungária körút and Kerepesi út in Budapest.
Habitat For Humanity: Rebuilding Homes & Communities In Hungary
- 16 Apr 2015 9:00 AM
- property
One and a half million Hungarians live in dwellings unfit for human habitation. No bathroom, toilet out in the yard, windows that let in the cold air, walls black from smoke. In Ág, a small village in the southern Hungarian Baranya county, the locals washed themselves in wash tubs. Last year Habitat for Humanity appeared and offered building material for volunteer work.
Xpat Opinion: Leaders Avoid Losses, But May Pay At The Polls
- 15 Apr 2015 9:00 AM
- business
By Tom Popper, Managing Editor, Budapest Business Journal: When Quaestor investment house went bust, so did a lot of hard−working people. The government and Győr’s football team were unscathed, but many ordinary citizens were not.
Individuals In Hungary Hoard Cash, Shun Banks
- 3 Apr 2015 9:00 AM
- business
Individuals have closed over 430,000 bank accounts over the last two years and 280,000 in 2014 alone, reports Világgazdaság. As a result, the number of private bank accounts dropped to 9.4 million, the lowest figure since 2010.
Hungary's President Asked Not To Sign Broker Age Asset -Seizure Law
- 2 Apr 2015 9:00 AM
- current affairs
The opposition Socialists have asked President János Áder to withhold his signature from the law on seizing the assets of brokerages to compensate the victims of brokerage scandals because the law exempts Quaestor’s banking division. Deputy chairman of parliament’s legislative committee, Gergely Bárándy, told a joint press conference held with deputy Socialist group leader Bertalan Tóth that ...
Interview 2: HMA Jonathan Knott, Former British Ambassador To Hungary
- 11 Mar 2015 11:00 AM
What’s been happening at work and at home since your first Xpat Interview?
Hungarian Health Care Workers Earn 1/10th That Of Their Western Counterparts
- 9 Mar 2015 8:00 AM
- health & wellness
The people need to understand that we are not talking about how much residents or expert doctors make, but whether they will be treated when they go to hospital, says Tamás Dénes, President of the Hungarian Residents Association. Doctors and expert health workers are moving abroad because of low wages and poor working conditions.
Xpat Opnion: First State-Owned Hungarian Bank Is Already In Trouble
- 19 Dec 2014 12:00 AM
- current affairs
Great interest preceded a press conference held jointly by Prime Minister Viktor Orbán and György Matolcsy, governor of the Hungarian National Bank (HNB), this morning. What was so important that these two men would have to appear together in public? It had to be something momentous. Well, it was. The newly “nationalized” Magyar Külkereskedemi Bank (MKB) is in serious trouble and the Hungarian ...
Hungarian Parliament Passes Debt Relief Act
- 26 Sep 2014 1:00 AM
- business
Parliament passed the Debt Relief Act yesterday requiring banks to return millions of forints to forex- and forint-loan debtors for losses arising from unilateral contract modifications and currency margin disparities.