1,887 result(s) for state media
Hungarian Motorway M0 Reconstruction Project Halted
- 4 Sep 2014 9:00 AM
- getting around
The government has suspended further reconstruction of Budapest’s ring-road motorway M0, explaining that it has already spent the HUF 30-35 billion (USD 125-147 million) earmarked for the project on an emergency basis, leaving no funds for this year, according to an official government statement today.
Hungary’s MOL & INA End Media Dispute
- 2 Sep 2014 9:00 AM
- business
MOL and the Croatian government issued a joint announcement yesterday, ending their recent public dispute over an interim ruling by an international court of arbitration in Switzerland.
Xpat Opinion: Procreation And Pensions In Hungary
- 31 Aug 2014 9:00 AM
- current affairs
In the last month or so article after article appeared about the conclusions of a group of economists and demographers who have been discussing possible solutions to the interrelated problems of the low Hungarian birthrate and the eventual depletion of the state pension fund. This group, the Népesedési Kerekasztal (Demographic round table), seems to have the support of the Orbán government. It is ...
Hungary To Replace 24 Ambassadors
- 26 Aug 2014 9:00 AM
- current affairs
Hungary’s consul general to Shanghai Pál Péter Schmitt has been recalled after less than a year in the role, as part of a huge shake-up of the diplomatic corps that includes 24 ambassadorial changes, origo.hu learned. The nephew of the disgraced former president Pál Schmitt took the role in September 2013. Pál Schmitt was forced to relinquish his doctorate in 2013, after the plagiarism scandal ...
Former MNB Vice-Governor: Hungary Needs A Miracle
- 25 Aug 2014 9:00 AM
- business
Hungary’s national debt of 85.1% of GDP is so high that it will take a miracle for the government to avoid breaking its own constitutional stipulation that it set out in the Basic Law, former National Bank of Hungary (MNB) vice-governor Zoltán Bodnár said this week.
Red Bull Air Race Returning To Hungary
- 25 Aug 2014 9:00 AM
- entertainment
The government has agreed to finance the Red Bull Air Race with Ft 5.4 billion over the next three years, according to the official public gazette Magyar Közlöny. The Budapest race, held on August 20 during 2003-09, was scrapped in 2010.
Hungary’s Banking Sector Reports Enormous Q2 Losses
- 25 Aug 2014 4:00 AM
- business
Hungary’s banking sector reported enormous losses totaling HUF 361 billion (USD 1.57 billion) in Q2 2014 according to data released by the Hungarian National Bank (MNB) on Friday. This was mainly due to massive provisions against losses to cover the costs of refunding clients for past charges resulting from the currency spread and higher interest rates approved without the client’s consent.
Hungarians Mark National Day With Bread, Fireworks & Lots Of Speeches
- 21 Aug 2014 10:40 AM
- community & culture
The independence of our country is not a gift, but rather an inestimable value for which every nation must struggle”. - President János Áder, 20 August 2014
Hungary National Debt Reaches 85% Of GDP
- 20 Aug 2014 9:00 AM
- business
“The Day of Collapse is approaching. The cabinet’s dilettante economic policy and the central bank’s bad interest and forint policies have resulted in debt reaching its highest level in 20 years”. – Statement issued Monday by opposition political coalition Together-Dialogue for Hungary.
Hungarian Motorway M0 Reconstruction Project Halted
- 4 Sep 2014 9:00 AM
- getting around
The government has suspended further reconstruction of Budapest’s ring-road motorway M0, explaining that it has already spent the HUF 30-35 billion (USD 125-147 million) earmarked for the project on an emergency basis, leaving no funds for this year, according to an official government statement today.
Hungary’s MOL & INA End Media Dispute
- 2 Sep 2014 9:00 AM
- business
MOL and the Croatian government issued a joint announcement yesterday, ending their recent public dispute over an interim ruling by an international court of arbitration in Switzerland.
Xpat Opinion: Procreation And Pensions In Hungary
- 31 Aug 2014 9:00 AM
- current affairs
In the last month or so article after article appeared about the conclusions of a group of economists and demographers who have been discussing possible solutions to the interrelated problems of the low Hungarian birthrate and the eventual depletion of the state pension fund. This group, the Népesedési Kerekasztal (Demographic round table), seems to have the support of the Orbán government. It is ...
Hungary To Replace 24 Ambassadors
- 26 Aug 2014 9:00 AM
- current affairs
Hungary’s consul general to Shanghai Pál Péter Schmitt has been recalled after less than a year in the role, as part of a huge shake-up of the diplomatic corps that includes 24 ambassadorial changes, origo.hu learned. The nephew of the disgraced former president Pál Schmitt took the role in September 2013. Pál Schmitt was forced to relinquish his doctorate in 2013, after the plagiarism scandal ...
Former MNB Vice-Governor: Hungary Needs A Miracle
- 25 Aug 2014 9:00 AM
- business
Hungary’s national debt of 85.1% of GDP is so high that it will take a miracle for the government to avoid breaking its own constitutional stipulation that it set out in the Basic Law, former National Bank of Hungary (MNB) vice-governor Zoltán Bodnár said this week.
Red Bull Air Race Returning To Hungary
- 25 Aug 2014 9:00 AM
- entertainment
The government has agreed to finance the Red Bull Air Race with Ft 5.4 billion over the next three years, according to the official public gazette Magyar Közlöny. The Budapest race, held on August 20 during 2003-09, was scrapped in 2010.
Hungary’s Banking Sector Reports Enormous Q2 Losses
- 25 Aug 2014 4:00 AM
- business
Hungary’s banking sector reported enormous losses totaling HUF 361 billion (USD 1.57 billion) in Q2 2014 according to data released by the Hungarian National Bank (MNB) on Friday. This was mainly due to massive provisions against losses to cover the costs of refunding clients for past charges resulting from the currency spread and higher interest rates approved without the client’s consent.
Hungarians Mark National Day With Bread, Fireworks & Lots Of Speeches
- 21 Aug 2014 10:40 AM
- community & culture
The independence of our country is not a gift, but rather an inestimable value for which every nation must struggle”. - President János Áder, 20 August 2014
Hungary National Debt Reaches 85% Of GDP
- 20 Aug 2014 9:00 AM
- business
“The Day of Collapse is approaching. The cabinet’s dilettante economic policy and the central bank’s bad interest and forint policies have resulted in debt reaching its highest level in 20 years”. – Statement issued Monday by opposition political coalition Together-Dialogue for Hungary.