Posted in Daily News Hungary

Hungary proposes intergovernmental team on Ukraine educaion law, says FM in New York

Hungary has proposed that an intergovernmental working group should be set up to oversee the implementation of the Venice Commission’s recommendations concerning Ukraine’s new education…

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Posted in PORTFOLIO.HU - Online Financial Journal

Hungary Mol exits MET Group

Switzerland-based energy company MET Group is to be taken over by its management, as its owners are selling their stakes. The group is planning further…

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Posted in Daily News Hungary

Brain surgery performed with robot for first time in Hungary!

A patient suffering from Parkinson’s Disease was successfully operated on at the National Institute of Clinical Neurosciences, as agykutatas.hu reports. The operation was performed with…

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Posted in Daily News Hungary

Amnesty International: Hungarian laws are cruel attempt to criminalize those helping asylum seekers

Responding to a package of punitive laws tabled in Parliament yesterday that will criminalize migration-related work by activists and NGOs, Amnesty International’s Europe Director, Gauri…

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Posted in Daily News Hungary

Orbán cabinet to submit “Stop Soros” package to parliament

Hungary is ready for debates about its “Stop Soros” package of bills, a senior government official said on Tuesday, noting that the government was preparing…

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Posted in Daily News Hungary

Jobbik expels Dúró from parliamentary group

Jobbik party has expelled Dóra Dúró from its parliamentary group over her joining a platform created last week by László Toroczkai, the hardliner whose bid…

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Posted in Daily News Hungary

Leftist opposition calls on EU to take over distribution of Hungary’s funding

The leftist Democratic Coalition (DK) party has called on the European Union to take over the distribution of funding allocated to Hungary instead of curbing…

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Posted in Daily News Hungary

Budapest downtown district to ban Segways, other e-vehicles from pavements

Segways, electric bikes, e-scooters and the like, as well as “beer bikes” will be banned from pedestrian zones owned by Budapest’s 5th district council from…

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Posted in Daily News Hungary

Houses and commuting within the Budapest metropolitan area – Tips, prices

Real estate prices have been rising throughout the capital, but now this trend can also be seen in the wider metropolitan area, turizmusonline.hu reported. How far…

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Posted in Daily News Hungary

The end is here – legendary Hungarian restaurant to be closed in London

According to The Guardian, the famous Hungarian restaurant in London named Gay Hussar might have to close next month because of financial reasons. The eatery was…

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Posted in PORTFOLIO.HU - Online Financial Journal

Hungary plans no major fiscal stimulus package – EcoMin

Investors expecting the injection of big-ticket fiscal stimulus from Hungary’s newly elected government are going to have to wait, Finance Minister Mihály Varga told Bloomberg…

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Posted in The Independent - Hungary

Merkel ally defends authoritarian Hungarian PM who says he has 'ended liberal democracy'

Manfred Weber says critics should not call Viktor Orban a ‘bad European’ Powered by WPeMatico

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Posted in Daily News Hungary

Labour shortage in Hungary: jobless rate steady around 3.8 pc

Hungary’s rolling average three-month unemployment rate stood at 3.8 percent in February-April, the Central Statistical Office (KSH) said on Tuesday. The rate, which covers unemployment…

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Posted in Daily News Hungary

Leftist DK against blacklisting of court workers

The opposition Democratic Coalition (DK) has stated its objection to the blacklisting of court employees who have participated in training courses organised by the Hungarian…

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Posted in Daily News Hungary

EU to ban plastic straws and coffee stirrers!

The European Commission reveals plans to limit plastic waste, particularly in the form of straws, coffee stirrers, cotton swabs and single-use plastic cups, plates and…

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Posted in Daily News Hungary

Bus accident on Budapest’s airport road leaves 27 injured – PHOTOS

A bus accident on the road from central Budapest to Liszt Ferenc International Airport overnight left 27 passengers injured, eight of them seriously, the communications…

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Posted in Daily News Hungary

Hungary presents Bogányi piano to Tchaikovsky conservatory in Moscow

The Moscow Tchaikovsky Conservatory has received a Bogányi piano from the Hungarian state for permanent use. Hungary’s ambassador in Moscow, Russia János Balla handed over…

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Posted in Daily News Hungary

Stars and sparkles – Budapest Fashion Week – PHOTOS

As featured on markandmore.nlcafe.hu, the Budapest Central European Fashion Week took place again in 2018, in the Castle Garden. The event was full of spectacular appearances,…

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Posted in Daily News Hungary

Ratio of Hungarians working abroad huge but ‘not significant’?

Pro-government daily newspaper Magyar Idők reports that 325,000 Hungarians work in another EU country, a low number in regional comparison. The daily, citing Eurostat statistics…

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Posted in Daily News Hungary

Currency exchange – Hungarian Forint – 29 May 2018

Here are the currency exchange rates of National Bank of Hungary – Hungarian forint: 29 May 2018 Currency Currency name Unit Value in HUF CHF…

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Posted in Daily News Hungary

Ericsson inaugurates Budapest headquarters

Swedish networking and telecommunications company Ericsson inaugurated a new headquarters and R+D centre in Budapest on Tuesday. The headquarters, dubbed Ericsson House, was inaugurated by…

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Posted in Daily News Hungary

Orbán cabinet to submit constitutional amendments today

The justice minister has said the government will submit the seventh amendment to the constitution on Tuesday. The changes will affect ten articles covering three…

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Posted in PORTFOLIO.HU - Online Financial Journal

Hungary Magyar Telekom buys own shares again

Magyar Telekom, Hungary’s leading telecommunications group, has announced on Monday that it purchased 193,600 MTel ordinary shares at an average price of HUF 417 per…

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Posted in PORTFOLIO.HU - Online Financial Journal

LNG terminal in Croatia seen serving Hungarian interests

Opposition is mounting against a floating LNG (liquefied natural gas) terminal on the island of Krt (northern Croatia) that should have gone operational in 2018,…

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Posted in PORTFOLIO.HU - Online Financial Journal

Főtaxi buys rival Budapest Taxi

Taxi company Főtaxi has announced on Monday that it has acquired rival Budapest Taxi. The company said the transaction will further strengthen its market leading…

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Posted in PORTFOLIO.HU - Online Financial Journal

Hungarian earnings dramatically low, country on bottom of international list

Among the countries of the Organisation of Economic Co-operation and Development (OECD), salaries are the highest in Switzerland, Luxembourg and Iceland. Out of the 35…

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Posted in PORTFOLIO.HU - Online Financial Journal

Hungary raises auction of short bills over heavy demand

Hungary’s Government Debt Management Agency (ÁKK) has received HUF 105.8 billion worth of bids from primary dealers on a HUF 50 bn lot of 3-month…

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Posted in PORTFOLIO.HU - Online Financial Journal

Merkel ally warns Hungary's Orbán not to cross red lines

Hungarian Prime Minister Viktor Orbán risks triggering a crisis in his Fidesz party’s relationship with the European Union’s centre-right parties over laws they charge infringe…

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Posted in PORTFOLIO.HU - Online Financial Journal

EU funding for Hungary to be cut significantly, draft document shows

Central and Eastern European countries should expect their EU funding to drop 23% to 24% in the next programming period, the Financial Times reported, citing…

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Posted in PORTFOLIO.HU - Online Financial Journal

Sberbank Europe incurs loss, Hungarian operation posts profit in 2017

Sberbank Europe Group incurred 201.6 million loss in 2017, versus EUR 33.2 million profit in 2016, shows the bank’s annual earnings report made in accordance…

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Posted in PORTFOLIO.HU - Online Financial Journal

ANALYST VIEW – Jefferies lowers target price for Hungary's Richter

Jefferies has lowered its target price for Gedeon Richter, Hungary’s leading drugs producer, to HUF 5,470 from HUF 5,695 previously, and retained its ‘Hold’ rating…

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Posted in PORTFOLIO.HU - Online Financial Journal

Ericsson inaugurates new headquarters in Budapest

Ericsson Hungary’s new headquarters have been officially inaugurated on Tuesday. The building, developed by WING Zrt., incorporates state-of-the-art Research & Development and innovation… Powered by…

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Posted in PORTFOLIO.HU - Online Financial Journal

We may be heading for another major financial crisis – Soros warns

The European Union is mired in an existential crisis, but with a ‘Marshall Plan for Africa’ the bloc would help reduce the number of political…

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Posted in PORTFOLIO.HU - Online Financial Journal

Hungary cenbank allocates HUF 50 bn of MIRS at tender

The National Bank of Hungary (MNB) has offered a total of 50 billion forints worth of fixed-rate 5-year and 10-year interest rate swaps (IRS) to…

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Posted in PORTFOLIO.HU - Online Financial Journal

Wizz Air still has no plans for secondary listing in Budapest

No-frills airline Wizz Air still does not plan a secondary listing on the Budapest Stock Exchange (BSE), Chief Executive Officer József Váradi told Hungarian business…

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Posted in PORTFOLIO.HU - Online Financial Journal

Hungary Mol raises fuel prices again

Hungarian oil and gas group Mol has raised the wholesale list price of 95-octane gasoline and diesel by 6 forints per litre each on Friday….

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Posted in PORTFOLIO.HU - Online Financial Journal

Hungary forint eases north of 320 versus euro

Hungary’s forint eased north of 320 versus the euro on Friday morning, although Turkey’s lira turned around and it has firmed against the USD. Here’s…

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Posted in PORTFOLIO.HU - Online Financial Journal

US agri-multinational plans new investment in Hungary

Global commodities trader Cargill is to open a specialised, state-of-the-art animal feed plant in Hungary, Portfolio has learned on Friday. The company has been playing…

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Posted in PORTFOLIO.HU - Online Financial Journal

BMW will not build new plant in Hungary after all?

Several countries are simultaneously competing to be chosen as the location for a new BMW plant. Hungary, Romania and Slovakia may all stand a chance,…

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Posted in PORTFOLIO.HU - Online Financial Journal

15 million euro solar park to be built in Hungary

MET Group, a leading integrated European energy company, has announced the closing of its five billion forint Project Financing Facility for its subsidiary MET Dunai…

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Posted in PORTFOLIO.HU - Online Financial Journal

Will U.S. data give another boost to the USD this week?

This week we should keep our eyes mainly on overseas markets, the main source of important data this time, and we should also watch the…

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Posted in PORTFOLIO.HU - Online Financial Journal

Hungary Fidesz needs to meet two conditions if it wants to remain in EPP

Signing an agreement that will ensure the survival of the Central European University (CEU) in Budapest and adjusting the so-called ‘Stop Soros’ draft legislative package…

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Posted in XNewsPortal

Helló Világ!

Üdvözlet! Ez az első saját WordPress-bejegyzés. Módosítható, vagy törölhető, aztán megkezdhető a honlap tartalommal történő feltöltése!

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