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Gala Concert Of 100 Member Gipsy Orchestra, Budapest, 30 December
- 19 Dec 2014 9:45 AM
- entertainment
It has become a tradition for the “Hundre Member” Gipsy Orchestra to give a gala concert on December the 30th. The audience will get the chance to hear the pieces of Liszt, Brahms, Strauss and Khachaturian in the interpretation of outstanding musicians.
National Bank Of Hungary: Monetary Transmission To Be Strengthened By FX Loan Conversion
- 19 Dec 2014 8:00 AM
- business
Monetary transmission will be strengthened by the conversion of retail foreign-exchange loans into forints as it will eliminate the exposure of Hungarian households to foreign currency as well as the related risks, the National Bank of Hungary (NBH) said in its quarterly Inflation Report.
Hungary’s Opposition Parties Slam Govt Plans
- 16 Dec 2014 8:00 AM
- current affairs
Opposition politicians savaged the government’s economic policies ahead of the budget vote. Socialist lawmaker Sándor Burány said that the budget was based on tax rises which had a common theme: the government was taxing everything it possibly could. The Socialist head of parliament’s budget committee said the government’s goal was to safeguard the deficit target while paying for “prestige ...
Xpat Opinion: Hungary's Poverty Blame-Game
- 11 Dec 2014 1:30 AM
- current affairs
A left-wing columnist quotes a hoax message which is spreading across the internet to accuse the government of ignoring growing poverty. His pro-government counterpart, on the other hand, believes that the Left is trying to give the false impression that poverty appeared under only the current government.
DK Submits Urine Samples To Protest Drug Test Proposal
- 9 Dec 2014 8:00 AM
- current affairs
The members of the youth arm of opposition Democratic Coalition (DK) party have submitted urine samples to the 8th district local council in protest against a recent proposal by the local mayor. Máté Kocsis, of the ruling Fidesz party, proposed at the weekend that it should be mandatory for all young people aged between 12 and 18, politicians and journalists to take annual drug tests.
Hungary’s Competition Office Fines K&H Bank For Misleading Advertising
- 8 Dec 2014 8:00 AM
- business
Hungary’s Competition Office (GVH) said it had fined K&H Bank 80 million forints for misleading advertising. GVH levied the fine for a month-long ad campaign of KSH’s “MIX” product early in 2014. KSH advertised a 7.80% annual return on the product – well over the market rate – but failed to make clear that the rate was paid only on the one-third of savings that were placed in a deposit.
Protest In Budapest Focuses Attention On Corruption
- 5 Dec 2014 8:00 AM
- current affairs
A crowd of several thousand gathered at Kossuth tér on Thursday evening demanding an end to corruption under the slogan “It’s our country. It’s our money”.
Felcsút Mayor Adds Ft 300mn To Savings
- 4 Dec 2014 8:00 AM
- current affairs
Felcsút mayor Lõrinc Mészáros, a close friend of Prime Minister Viktor Orbán, has posted a new statement of assets on the website of the local council, showing that his savings have increased by Ft 300 million since June.
Private Pension Funds To Be Eliminated In Hungary By 2015
- 25 Nov 2014 8:00 AM
- current affairs
Reuters has reported that Hungary’s mandatory private pension funds could be eliminated by the end of this year if a new government measure that requires a highly active membership is passed. The Hungarian government has already been tapping the private schemes since 2010 for 360 billion forints (0.96 billion pounds) a year to cut the state budget deficit.
Gala Concert Of 100 Member Gipsy Orchestra, Budapest, 30 December
- 19 Dec 2014 9:45 AM
- entertainment
It has become a tradition for the “Hundre Member” Gipsy Orchestra to give a gala concert on December the 30th. The audience will get the chance to hear the pieces of Liszt, Brahms, Strauss and Khachaturian in the interpretation of outstanding musicians.
National Bank Of Hungary: Monetary Transmission To Be Strengthened By FX Loan Conversion
- 19 Dec 2014 8:00 AM
- business
Monetary transmission will be strengthened by the conversion of retail foreign-exchange loans into forints as it will eliminate the exposure of Hungarian households to foreign currency as well as the related risks, the National Bank of Hungary (NBH) said in its quarterly Inflation Report.
Hungary’s Opposition Parties Slam Govt Plans
- 16 Dec 2014 8:00 AM
- current affairs
Opposition politicians savaged the government’s economic policies ahead of the budget vote. Socialist lawmaker Sándor Burány said that the budget was based on tax rises which had a common theme: the government was taxing everything it possibly could. The Socialist head of parliament’s budget committee said the government’s goal was to safeguard the deficit target while paying for “prestige ...
Xpat Opinion: Hungary's Poverty Blame-Game
- 11 Dec 2014 1:30 AM
- current affairs
A left-wing columnist quotes a hoax message which is spreading across the internet to accuse the government of ignoring growing poverty. His pro-government counterpart, on the other hand, believes that the Left is trying to give the false impression that poverty appeared under only the current government.
DK Submits Urine Samples To Protest Drug Test Proposal
- 9 Dec 2014 8:00 AM
- current affairs
The members of the youth arm of opposition Democratic Coalition (DK) party have submitted urine samples to the 8th district local council in protest against a recent proposal by the local mayor. Máté Kocsis, of the ruling Fidesz party, proposed at the weekend that it should be mandatory for all young people aged between 12 and 18, politicians and journalists to take annual drug tests.
Hungary’s Competition Office Fines K&H Bank For Misleading Advertising
- 8 Dec 2014 8:00 AM
- business
Hungary’s Competition Office (GVH) said it had fined K&H Bank 80 million forints for misleading advertising. GVH levied the fine for a month-long ad campaign of KSH’s “MIX” product early in 2014. KSH advertised a 7.80% annual return on the product – well over the market rate – but failed to make clear that the rate was paid only on the one-third of savings that were placed in a deposit.
Protest In Budapest Focuses Attention On Corruption
- 5 Dec 2014 8:00 AM
- current affairs
A crowd of several thousand gathered at Kossuth tér on Thursday evening demanding an end to corruption under the slogan “It’s our country. It’s our money”.
Felcsút Mayor Adds Ft 300mn To Savings
- 4 Dec 2014 8:00 AM
- current affairs
Felcsút mayor Lõrinc Mészáros, a close friend of Prime Minister Viktor Orbán, has posted a new statement of assets on the website of the local council, showing that his savings have increased by Ft 300 million since June.
Private Pension Funds To Be Eliminated In Hungary By 2015
- 25 Nov 2014 8:00 AM
- current affairs
Reuters has reported that Hungary’s mandatory private pension funds could be eliminated by the end of this year if a new government measure that requires a highly active membership is passed. The Hungarian government has already been tapping the private schemes since 2010 for 360 billion forints (0.96 billion pounds) a year to cut the state budget deficit.