Hungary in the news

Hungarian court: Emfesz sale to Swiss RosGas unlawful

on Nov 19, 2010 via YahooNews

Hungary's Supreme Court on November 17, 2010, confirmed that the Hungarian Energy Office (HEO), that country's energy regulator, acted unlawfully when it approved the transfer of Hungarian energy trader Emfesz Kft to Swiss-based RosGas AG in April 2009 for the sum of $1.

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As many as ten years needed before Hungary's state debt falls to level of peers

on Nov 18, 2010 via YahooNews

Hungary needs 8-10 years of strict fiscal policy and an annual trade surplus of close to 4% of GDP to bring its external state debt to the level of other countries in the region, National Bank of Hungary governor Andr?s Simor said at a presentation to students of Budapest's Corvinus University.

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Hungary beats Lithuania 2-0 in friendly

on Nov 18, 2010 via YahooNews

Hungary defeated Lithuania 2-0 in a friendly thanks to second-half goals by Tamas Priskin and Balazs Dzsudzsak on Wednesday. Hungary dominated the first half with aggressive, quick attacks, and clear scoring chances by Dzsudzsak and Adam Szalai were thwarted by excellent saves from Lithuania goalkeeper Zydrunas Karcemarskas.

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Hungary taxes to lift CPI by 0.3 pct point-cenbanker

on Nov 18, 2010 via YahooNews

BUDAPEST, Nov 17 (Reuters) - Hungary's central bank expectsnew sectoral taxes on energy, telecoms and retail firms andbanks to increase inflation by 0.3 of a percentage point in2011, the bank's ...

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Your morning adorable: Sumatran orangutan baby at the Budapest Zoo

on Nov 18, 2010 via YahooNews

Hungary's Budapest Zoo has had a big year for endangered ape births -- both a Sumatran orangutan baby, above, and a western lowland gorilla baby were born there in 2010. Sumatran orangutans and western lowland gorillas are both considered critically...

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Hungary plays down threats

on Nov 18, 2010 via YahooNews

BUDAPEST. Hungarian officials yesterday played down the threat of disastrous pollution to the Danube river from an industrial accident in Hungary, while its prime minister said the situation was under control.

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Innovation Tech Show Budapest: springboard for CES in Las Vegas

on Nov 16, 2010 via YahooNews

A dozen new high-technology innovations can be experienced first hand at this year's Innovation Tech Show on December 7 in Budapest. For several of the exhibiting Hungarian startups, this will also be a springboard for the CES in Las Vegas.

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Hungary's Parliament Approves 2011 Tax Bill - Agency

on Nov 16, 2010 via YahooNews

Hungary's Parliament Approves 2011 Tax Bill - Agency

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Hungary-Ukraine energy cooperation should be put on new foundations

on Nov 16, 2010 via YahooNews

Bilateral operation in the field of energy between Hungary and Ukraine should be placed on new foundations, with new participants involved and should be significantly expanded, Hungarian Prime Minister Viktor Orb?n said in Kiev.

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Ukraine and Hungary to intensify bilateral cooperation

on Nov 16, 2010 via YahooNews

In order to enhance bilateral cooperation between Ukraine and Hungary, the Prime Minister of Ukraine Mykola Azarov proposes to hold the first quarter of 2011 a session of the Intergovernmental Ukrainian-Hungarian commission, according to the Department of Information and Communications of the Secretariat of the CMU.

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Hungary limits powers of Constitutional Court

on Nov 16, 2010 via YahooNews

(AP:BUDAPEST, Hungary) Hungary's parliament has passed legislation greatly limiting the jurisdiction of the country's top court on taxation and state budget matters.

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Hungarian parliament curbs court, gets unfettered budget powers

on Nov 16, 2010 via YahooNews

Budapest - Prime Minister Viktor Orban's centre-right alliance on Tuesday stripped Hungary's Constitutional Court of the power to review legislation on key issues of economic policy.

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Hungarian Presidency eyes Schengen and EU enlargement

on Nov 16, 2010 via YahooNews

Bulgaria and Romania's accession to the Schengen area and Croatia membership of the European Union are among the top priorities of the incoming Hungarian EU Presidency, government officials told EurActiv in Budapest ahead of the executive's official visit to the European Commission on Wednesday (17 November).

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Zsolt Erdei, Hungarian Boxer, Makes Comeback

on Nov 14, 2010 via YahooNews

The former world champion ended a brief retirement and reluctantly left Budapest to fight Samson Onyango in Atlantic City.

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Hungary Sept. Industrial Output Growth Slows

on Nov 13, 2010 via YahooNews

(RTTNews) - Hungary's industrial output increased at a slower pace in September, a final report by the Hungarian Central Statistical Office showed on Friday.

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Hungary's toxic sludge reaches Ukraine

on Nov 13, 2010 via YahooNews

KIEV, Ukraine, Nov. 12 (UPI) -- Water contaminants from a toxic discharge from an aluminum plant in Hungary have reached Ukrainian waters, scientists discovered.

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Hungarian 3rd-Quarter Economic Growth Accelerates on Exports, Consumption

on Nov 13, 2010 via YahooNews

Hungary?s economic growth accelerated in the third quarter as rising domestic consumption and increasing export demand in western Europe help the country recover from its worst recession in 18 years.

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Hungary's Currency, Stocks, Bonds Gain as GDP Growth Exceeds Estimates

on Nov 13, 2010 via YahooNews

The Hungarian forint snapped two days of losses against the euro after a report showed the country?s third-quarter gross domestic product grew faster than economists estimated. Stocks and bonds rose.

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Hungary hands over American to U.S. in child porn case

on Nov 13, 2010 via YahooNews

Hungary on Friday handed over to U.S. authorities an American citizen suspected of distributing child porn. Hungarian News Agency MTI reported that John D. Clark, 56, was handed over at Budapest Ferihegy Airport.

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Hungary Plans to Impose New Industry Levy After Crisis Tax Expires in 2012

on Nov 11, 2010 via YahooNews

Hungary may extend special levies on selected industries beyond the planned expiration date, fueling investor concern that the government won?t cut spending. The benchmark stock index dropped the most since July.

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Sources : YahooNews

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