4,379 result(s) for set up
Hungary’s Central Bank Keeps Key Rate On Hold
- 27 Jan 2016 8:00 AM
- business
Hungarian rate setters kept the base rate on hold at 1.35% on Tuesday. The decision was in line with the expectations of analysts. The Monetary Council has kept the base rate on hold since signalling an end to an easing cycle at a policy meeting in July 2015. In a statement released shortly after the rate-setting meeting the Council said the annual inflation rate increased, while core inflation ...
Brokers Pocket HUF 74 Billion Selling Hungarian Settlement Bonds
- 21 Jan 2016 10:35 AM
- business
1145 foreigners were granted residency permits in Hungary in 2015 after purchasing settlement bonds. Magyar Nemzet reports that offshore companies brokering the sale of the bonds have made between HUF 74 billion (USD 255 million) and HUF 95 billion (USD 328 million) since the program was launched three years ago.
Hungary’s Supreme Court Rejects Referendum Bids On Olympics, City Park
- 21 Jan 2016 8:00 AM
- current affairs
Hungary’s supreme court has rejected referendum questions on organising Olympic Games in Budapest and the upgrade of the Városliget (City Park), overruling the Budapest Election Committee’s earlier approval. Concerning the rejection of the question of whether citizens agree that Budapest should not apply to host the Olympics in 2024, the Kúria said the capital had already submitted a declaration ...
Szijjártó: Hungary Backs Bulgaria’s Schengen Membership
- 21 Jan 2016 2:00 AM
- current affairs
Hungary supports Bulgaria’s immediate accession into the Schengen zone, Foreign Minister Péter Szijjártó said after holding talks in Sofia. Bulgaria has completed building a fence across a “good portion” of the border and will continue to build the fence on its southern border, he told MTI. Macedonia has also almost completed sealing off its border with Bulgaria with the decision to step up ...
Hungary’s Radical Nationalist Party Denies Accepting Donations From Russia
- 20 Jan 2016 8:00 AM
- current affairs
The radical nationalist Jobbik party on Tuesday reiterated that it has never received funding from Russia, saying that if Prime Minister Viktor Orbán refuses to believe party leader Gábor Vona, “he can ask President Vladimir Putin himself when he visits him in Moscow” next month. Jobbik responded to calls from ruling Fidesz to come clean on whether the party has received any funding from foreign ...
Jazz Talent Exchange: Lilienn & Tibor Kónyai, Mupa Budapest, 22 January
- 19 Jan 2016 8:06 AM
- entertainment
An encounter between an extraordinary female vocalist and a virtuoso pianist - Lilienn and Tibor Kónyai have been working together for more than three years. They've given successful concerts in Denmark, at cultural centres and at festivals, and their first joint album recently came out with the title of Jazz For Two.
Hungary Faced Unprecedented Migration Pressure In 2015, Says BÁH Head
- 19 Jan 2016 8:00 AM
- current affairs
Hungary was exposed to unprecedented migration pressure last year, with the number of illegal migrants exceeding 414,000, the director of Hungary’s immigration office BÁH said. Zsuzsanna Végh said that the immigration office had warned the European Union multiple times that the Balkan route would be a significant one for illegal migrants, but EU decision makers failed to take the risk seriously.
New Tax System To Leave HUF 850 Bn With Tax Payers In 2016
- 18 Jan 2016 11:00 AM
- business
Hungary’s reformed tax system is set to leave 850 billion forints (EUR 2.7bn) with taxpayers in 2016 in comparison with 2010, the daily Magyar Idők said. Economy Minister Mihály Varga told the paper that the government’s main aim when it comes to reforming the tax system is to make sure more money stays in people’s pockets.
Hungarian Govt To Set Up National Building Society
- 18 Jan 2016 11:00 AM
- current affairs
The government is planning a National Home Building Society modelled on British building societies, cabinet chief Antal Rogán said. Stable economic growth and a low budget deficit over the past few years have given leeway for the government to launch a homebuilding scheme.
Hungary’s Central Bank Keeps Key Rate On Hold
- 27 Jan 2016 8:00 AM
- business
Hungarian rate setters kept the base rate on hold at 1.35% on Tuesday. The decision was in line with the expectations of analysts. The Monetary Council has kept the base rate on hold since signalling an end to an easing cycle at a policy meeting in July 2015. In a statement released shortly after the rate-setting meeting the Council said the annual inflation rate increased, while core inflation ...
Brokers Pocket HUF 74 Billion Selling Hungarian Settlement Bonds
- 21 Jan 2016 10:35 AM
- business
1145 foreigners were granted residency permits in Hungary in 2015 after purchasing settlement bonds. Magyar Nemzet reports that offshore companies brokering the sale of the bonds have made between HUF 74 billion (USD 255 million) and HUF 95 billion (USD 328 million) since the program was launched three years ago.
Hungary’s Supreme Court Rejects Referendum Bids On Olympics, City Park
- 21 Jan 2016 8:00 AM
- current affairs
Hungary’s supreme court has rejected referendum questions on organising Olympic Games in Budapest and the upgrade of the Városliget (City Park), overruling the Budapest Election Committee’s earlier approval. Concerning the rejection of the question of whether citizens agree that Budapest should not apply to host the Olympics in 2024, the Kúria said the capital had already submitted a declaration ...
Szijjártó: Hungary Backs Bulgaria’s Schengen Membership
- 21 Jan 2016 2:00 AM
- current affairs
Hungary supports Bulgaria’s immediate accession into the Schengen zone, Foreign Minister Péter Szijjártó said after holding talks in Sofia. Bulgaria has completed building a fence across a “good portion” of the border and will continue to build the fence on its southern border, he told MTI. Macedonia has also almost completed sealing off its border with Bulgaria with the decision to step up ...
Hungary’s Radical Nationalist Party Denies Accepting Donations From Russia
- 20 Jan 2016 8:00 AM
- current affairs
The radical nationalist Jobbik party on Tuesday reiterated that it has never received funding from Russia, saying that if Prime Minister Viktor Orbán refuses to believe party leader Gábor Vona, “he can ask President Vladimir Putin himself when he visits him in Moscow” next month. Jobbik responded to calls from ruling Fidesz to come clean on whether the party has received any funding from foreign ...
Jazz Talent Exchange: Lilienn & Tibor Kónyai, Mupa Budapest, 22 January
- 19 Jan 2016 8:06 AM
- entertainment
An encounter between an extraordinary female vocalist and a virtuoso pianist - Lilienn and Tibor Kónyai have been working together for more than three years. They've given successful concerts in Denmark, at cultural centres and at festivals, and their first joint album recently came out with the title of Jazz For Two.
Hungary Faced Unprecedented Migration Pressure In 2015, Says BÁH Head
- 19 Jan 2016 8:00 AM
- current affairs
Hungary was exposed to unprecedented migration pressure last year, with the number of illegal migrants exceeding 414,000, the director of Hungary’s immigration office BÁH said. Zsuzsanna Végh said that the immigration office had warned the European Union multiple times that the Balkan route would be a significant one for illegal migrants, but EU decision makers failed to take the risk seriously.
New Tax System To Leave HUF 850 Bn With Tax Payers In 2016
- 18 Jan 2016 11:00 AM
- business
Hungary’s reformed tax system is set to leave 850 billion forints (EUR 2.7bn) with taxpayers in 2016 in comparison with 2010, the daily Magyar Idők said. Economy Minister Mihály Varga told the paper that the government’s main aim when it comes to reforming the tax system is to make sure more money stays in people’s pockets.
Hungarian Govt To Set Up National Building Society
- 18 Jan 2016 11:00 AM
- current affairs
The government is planning a National Home Building Society modelled on British building societies, cabinet chief Antal Rogán said. Stable economic growth and a low budget deficit over the past few years have given leeway for the government to launch a homebuilding scheme.