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Business Confidence Deteriorates, Consumer Confidence Improves In Hungary
- 27 May 2015 9:00 AM
- business
GKI-Erste’s combined gauge of consumer and business confidence edged down in May as business confidence declined, but consumer confidence improved slightly. The index slipped to minus 3.1 points in May from minus 2.9 points in April. The business index dropped to 3.7 points from 4.9, but the consumer index rose to minus 22.6 points from minus 25.0.
UNICEF Hungary: Earthquake In Nepal: 1 Million Children In Danger
- 27 Apr 2015 3:00 AM
- community & culture
Press Release: On April 25, 2015, a massive 7.8 magnitude earthquake struck Nepal – its deadliest earthquake in more than 80 years. The earthquake was followed by 16 aftershocks, each around a 5.0 magnitude. According to recent reports, more than 3,000 people have been killed. 40% of the country's population are children, making nearly 3 million children affected by the deadly consequences of the ...
Hungary’s State-Owned Hospitals Haven’t Paid Suppliers For 4 Months
- 21 Apr 2015 9:00 AM
- health & wellness
Mounting arrears to suppliers on the part of state-owned hospitals has left at least one service provider little choice but to shut down all laboratory services except those critical to saving life. Another company is seriously disappointed politically in the Fidesz government’s neglect of Hungary’s public health care system despite promising to introduce important reforms in 2010.
Hungarian National Utilities Company To Enter Electricity Market By Start Of 2016
- 20 Apr 2015 4:00 AM
- current affairs
Hungary’s First National Utilities Company (ENKSZ) is expected to start offering electricity services by the beginning of next year at the latest, the company’s chief executive, Péter János Horváth, said in an interview published in daily Magyar Hírlap. Horváth said there was still much work to be done before ENKSZ can start offering district heating services because of the peculiarities of the ...
International Festival @ American School, On Sunday
- 16 Apr 2015 12:00 PM
- community & culture
A fun-filled day bringing together the international community in Budapest to celebrate the unique diversity of the American International School Budapest. Xpats are encouraged to invite family & friends this Sunday 19 April between 11am and 3pm, admission is free.
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.
Hungarian Leftist Parties To Stage Anti-Govt Demo
- 10 Apr 2015 12:00 PM
- current affairs
Parties of the leftist opposition will hold a demonstration of “victims” of the past five years of the Fidesz-led government in central Budapest on Saturday. Socialist board member Károly Beke said that the last government cycle had left in its wake “broken tobacconists, farmers stripped of their land and people deprived of their private pension savings, as well as stranded Quaestor investors”.
Video: Hungary's Brokerage Scandal, Thousands May Lose Life-Savings
- 8 Apr 2015 9:00 AM
- business
Hungary’s National Bank is still trying to estimate the fallout from its seizure of brokerage firm Quaestor. The company was shut down this week, the third security and investment firm to have its activities suspended within weeks. Investigators believe it may have invested scores of billions of euros more in bonds than it was allowed to under its bond insurance programme.
Business Confidence Deteriorates, Consumer Confidence Improves In Hungary
- 27 May 2015 9:00 AM
- business
GKI-Erste’s combined gauge of consumer and business confidence edged down in May as business confidence declined, but consumer confidence improved slightly. The index slipped to minus 3.1 points in May from minus 2.9 points in April. The business index dropped to 3.7 points from 4.9, but the consumer index rose to minus 22.6 points from minus 25.0.
UNICEF Hungary: Earthquake In Nepal: 1 Million Children In Danger
- 27 Apr 2015 3:00 AM
- community & culture
Press Release: On April 25, 2015, a massive 7.8 magnitude earthquake struck Nepal – its deadliest earthquake in more than 80 years. The earthquake was followed by 16 aftershocks, each around a 5.0 magnitude. According to recent reports, more than 3,000 people have been killed. 40% of the country's population are children, making nearly 3 million children affected by the deadly consequences of the ...
Hungary’s State-Owned Hospitals Haven’t Paid Suppliers For 4 Months
- 21 Apr 2015 9:00 AM
- health & wellness
Mounting arrears to suppliers on the part of state-owned hospitals has left at least one service provider little choice but to shut down all laboratory services except those critical to saving life. Another company is seriously disappointed politically in the Fidesz government’s neglect of Hungary’s public health care system despite promising to introduce important reforms in 2010.
Hungarian National Utilities Company To Enter Electricity Market By Start Of 2016
- 20 Apr 2015 4:00 AM
- current affairs
Hungary’s First National Utilities Company (ENKSZ) is expected to start offering electricity services by the beginning of next year at the latest, the company’s chief executive, Péter János Horváth, said in an interview published in daily Magyar Hírlap. Horváth said there was still much work to be done before ENKSZ can start offering district heating services because of the peculiarities of the ...
International Festival @ American School, On Sunday
- 16 Apr 2015 12:00 PM
- community & culture
A fun-filled day bringing together the international community in Budapest to celebrate the unique diversity of the American International School Budapest. Xpats are encouraged to invite family & friends this Sunday 19 April between 11am and 3pm, admission is free.
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.
Hungarian Leftist Parties To Stage Anti-Govt Demo
- 10 Apr 2015 12:00 PM
- current affairs
Parties of the leftist opposition will hold a demonstration of “victims” of the past five years of the Fidesz-led government in central Budapest on Saturday. Socialist board member Károly Beke said that the last government cycle had left in its wake “broken tobacconists, farmers stripped of their land and people deprived of their private pension savings, as well as stranded Quaestor investors”.
Video: Hungary's Brokerage Scandal, Thousands May Lose Life-Savings
- 8 Apr 2015 9:00 AM
- business
Hungary’s National Bank is still trying to estimate the fallout from its seizure of brokerage firm Quaestor. The company was shut down this week, the third security and investment firm to have its activities suspended within weeks. Investigators believe it may have invested scores of billions of euros more in bonds than it was allowed to under its bond insurance programme.