1,270 result(s) for scheme
Budget May Be Amended To Reflect Hungary’s Cost Of Migration Measures
- 15 Sep 2015 9:00 AM
- business
If the migration crisis is sustained it may be necessary to amend the budget, though for the time being measures can be paid for by making internal budget transfers, the economy minister said. Mihály Varga told public service news website hirado. hu that the government had spent almost 30 billion forints (EUR 96m) on fortifying the Serbian-Hungarian border. In addition are extra costs related to ...
Hungary’s Catholic Bishop Calls For Solidarity But Warns Against “Cultural Invasion”
- 14 Sep 2015 9:00 AM
- current affairs
The Catholic community of Szeged in south Hungary embraces solidarity towards migrants, but it must also call attention to the dangers of a possible “cultural invasion” that growing mass migration may bring, Bishop László Kiss-Rigó said. “All our fellow humans suffering from physical, emotional or intellectual poverty should be helped regardless of race, language, religion or sympathies,” the ...
Hungarian, Slovenian Presidents Urge European Solution To Migration
- 4 Sep 2015 9:00 AM
- current affairs
No single country is able to resolve the problems connected with migration; a joint European solution is needed, President János Áder said after meeting Slovene counterpart Borut Pahor. Áder said the migration wave is primarily a humanitarian problem because it is necessary to get people safe before the start of winter. Additionally, there is a criminal problem because human smugglers ...
Report: 20% Percent Of Hungarian Homebuyers Apply For Loans
- 4 Sep 2015 9:00 AM
- property
Approximately 20% of those purchasing homes in Hungary use loans to complete the purchase, while 10% participate in the expanded home purchase subsidy scheme for families (CSOK), real estate broker Duna House reported yesterday, citing their own data. On average, homebuyers borrow HUF 6.5 mln, while those involved in the CSOK program borrow HUF 7.4 mln.
Hungary Spending HUF 33bn To Restore Castles & Palaces For Tourists
- 1 Sep 2015 9:00 AM
- getting around
The Hungarian government is launching a HUF 33bn (USD 11.8m) programme to restore dozens of castles and palaces across the country for touristic purposes. Under the scheme, historic buildings can apply for support between HUF 50m and HUF 1.5bn, or HUF 3bn in the case of world heritage sites.
Real Estate Market On The Rise In Budapest
- 6 Aug 2015 11:45 AM
- property
The growing popularity of online vacation rentals has driven up demand for flats in central Budapest. Home sales in the centre of the capital have risen 40% in just a year, according to real-estate agent Otthon Centrum. Demand is highest for 40-60sqm flats in need of renovation. Interest is strong for flats in the 7th district, where local ruin pubs draw young travellers, as well as in the ...
Hungarian Immigration Office “Under Pressure”
- 13 Jul 2015 9:00 AM
- current affairs
The Hungarian immigration office has increased the number of employees processing asylum applications since last year but is facing huge pressure to handle a dramatic increase in applications over the past few months, the daily Magyar Nemzet reported. Currently around 25,000 applications are being processed by 134 administrators (34 more than last year), the paper said, citing information from ...
Summer Festivals Receive Nearly HUF 500m From State
- 7 Jul 2015 5:06 AM
- community & culture
Hungary’s summer festivals are receiving a total of nearly 500 million forints (EUR 1.6m) state support this year, an official of the Ministry of Human Resources said. State secretary Bence Rétvári told a press conference that the Sziget Festival in Budapest, the Volt Festival in Sopron in western Hungary and the Balaton Sound festival are getting a combined 150 million forints (EUR 476,000).
Hungarian Housing Market Growing Rapidly
- 2 Jul 2015 9:00 AM
- property
The number of homes sold in the first half was up 50% year-on-year at 68,000, real estate agency Duna House announced. As second-half figures are usually higher, the number of sales could reach 150,000 this year, the agency projected. A new home subsidy scheme in effect from July 1 is also expected to lift sales.
Budget May Be Amended To Reflect Hungary’s Cost Of Migration Measures
- 15 Sep 2015 9:00 AM
- business
If the migration crisis is sustained it may be necessary to amend the budget, though for the time being measures can be paid for by making internal budget transfers, the economy minister said. Mihály Varga told public service news website hirado. hu that the government had spent almost 30 billion forints (EUR 96m) on fortifying the Serbian-Hungarian border. In addition are extra costs related to ...
Hungary’s Catholic Bishop Calls For Solidarity But Warns Against “Cultural Invasion”
- 14 Sep 2015 9:00 AM
- current affairs
The Catholic community of Szeged in south Hungary embraces solidarity towards migrants, but it must also call attention to the dangers of a possible “cultural invasion” that growing mass migration may bring, Bishop László Kiss-Rigó said. “All our fellow humans suffering from physical, emotional or intellectual poverty should be helped regardless of race, language, religion or sympathies,” the ...
Hungarian, Slovenian Presidents Urge European Solution To Migration
- 4 Sep 2015 9:00 AM
- current affairs
No single country is able to resolve the problems connected with migration; a joint European solution is needed, President János Áder said after meeting Slovene counterpart Borut Pahor. Áder said the migration wave is primarily a humanitarian problem because it is necessary to get people safe before the start of winter. Additionally, there is a criminal problem because human smugglers ...
Report: 20% Percent Of Hungarian Homebuyers Apply For Loans
- 4 Sep 2015 9:00 AM
- property
Approximately 20% of those purchasing homes in Hungary use loans to complete the purchase, while 10% participate in the expanded home purchase subsidy scheme for families (CSOK), real estate broker Duna House reported yesterday, citing their own data. On average, homebuyers borrow HUF 6.5 mln, while those involved in the CSOK program borrow HUF 7.4 mln.
Hungary Spending HUF 33bn To Restore Castles & Palaces For Tourists
- 1 Sep 2015 9:00 AM
- getting around
The Hungarian government is launching a HUF 33bn (USD 11.8m) programme to restore dozens of castles and palaces across the country for touristic purposes. Under the scheme, historic buildings can apply for support between HUF 50m and HUF 1.5bn, or HUF 3bn in the case of world heritage sites.
Real Estate Market On The Rise In Budapest
- 6 Aug 2015 11:45 AM
- property
The growing popularity of online vacation rentals has driven up demand for flats in central Budapest. Home sales in the centre of the capital have risen 40% in just a year, according to real-estate agent Otthon Centrum. Demand is highest for 40-60sqm flats in need of renovation. Interest is strong for flats in the 7th district, where local ruin pubs draw young travellers, as well as in the ...
Hungarian Immigration Office “Under Pressure”
- 13 Jul 2015 9:00 AM
- current affairs
The Hungarian immigration office has increased the number of employees processing asylum applications since last year but is facing huge pressure to handle a dramatic increase in applications over the past few months, the daily Magyar Nemzet reported. Currently around 25,000 applications are being processed by 134 administrators (34 more than last year), the paper said, citing information from ...
Summer Festivals Receive Nearly HUF 500m From State
- 7 Jul 2015 5:06 AM
- community & culture
Hungary’s summer festivals are receiving a total of nearly 500 million forints (EUR 1.6m) state support this year, an official of the Ministry of Human Resources said. State secretary Bence Rétvári told a press conference that the Sziget Festival in Budapest, the Volt Festival in Sopron in western Hungary and the Balaton Sound festival are getting a combined 150 million forints (EUR 476,000).
Hungarian Housing Market Growing Rapidly
- 2 Jul 2015 9:00 AM
- property
The number of homes sold in the first half was up 50% year-on-year at 68,000, real estate agency Duna House announced. As second-half figures are usually higher, the number of sales could reach 150,000 this year, the agency projected. A new home subsidy scheme in effect from July 1 is also expected to lift sales.