Hungary in the news

Hungary seeking slot machine ban to protect poor

on Oct 01, 2012 via YahooNews

The Hungarian government says it is planning to ban slot machines, which it says have led thousands of families to ruin.According to the bill filed Monday in Parliament, slot machines will be allowed only ...

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Hungary football great Sandor Kocsis honored

on Oct 01, 2012 via YahooNews

BUDAPEST, Hungary (AP) ? The remains of Hungarian football great Sandor Kocsis , a forward on the famed Golden Team in the 1950s and later for Barcelona, have been repatriated and will be buried in St. Stephen's Basilica on Friday.

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MOL to axe 700 jobs in downstream reshuffle

on Sep 30, 2012 via YahooNews

BUDAPEST: Hungarian oil and gas group MOL plans to lay off 700 workers as part of a wider reorganisation of its downstream business, the company said in an emailed statement on Saturday.

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Hungary Would Prefer Bank Tax Over IMF Aid Deal, Rogan Says

on Sep 29, 2012 via YahooNews

Hungary hardened its position in International Monetary Fund talks, which have been ongoing for 11 months, saying it would rather keep special taxes on lenders and selected industries than have an aid deal if the country was given an ultimatum.

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Hungary to Probably Opt-Out of EU Banking Union, Szasz Says

on Sep 29, 2012 via YahooNews

Hungary will probably seek an opt- out from the single European Union banking supervisory, which the bloc is working on setting up, as non-euro members would probably have a ?subservient? role, said Karoly Szasz, head of Hungary?s financial regulator.

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Hungary far-right party protests communist crimes

on Sep 28, 2012 via YahooNews

BUDAPEST, Hungary (AP) ? Hungary's far-right Jobbik party held a march Friday calling on the government to prosecute communist-era officials who took part in the repression that followed the defeat of the anti-Soviet uprising of 1956.

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Hungary posts Euro 519mn current account surplus in Q2

on Sep 28, 2012 via YahooNews

BUDAPEST: Hungary posted a current account surplus of 519 million euros in the second quarter, after a 7 million euro first-quarter deficit which was revised from a surplus, the National Bank of Hungary said on Friday.

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At Ruling Party's Campaign Rally, Hungarian PM Tells Georgia 'Don't Turn Back'

on Sep 27, 2012 via YahooNews

Four days before the parliamentary elections, PM of Hungary, Viktor Orb?n, who pays two-day visit to Georgia, addressed ruling United National Movement party?s campaign rally at stadium in Kutaisi calling on Georgians not to make a ?mistake? and not turn back into the past.

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Research and Markets: IT Market in Hungary 2011-2015 - Software Piracy Continuing to be a Cause of Concern

on Sep 27, 2012 via YahooNews

Research and Markets has announced the addition of the "IT Market in Hungary 2011-2015" report to their offering.

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Hungary central bank's inflation report confirms deep split

on Sep 27, 2012 via YahooNews

BUDAPEST (Reuters) - Hungary's rising inflation does not allow rate cuts according to the baseline forecast in the central bank's inflation report published on Thursday, also confirming a deep split in the bank which cut its rates earlier this week. The bank cut its base rate by 25 basis points to 6.5 percent on Tuesday, confounding many analysts as the second reduction in just four weeks came ...

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ARFD official: Hungary must recognize Artsakh to restore ties with Armenia

on Sep 27, 2012 via YahooNews

?Azeri ax-killer Safarov case has undermined the Karabakh settlement talks,? ARFD?s Armenian Cause Political Affairs Office Director said.

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Hungarian actor raises funds for Piermont's sister village to rebuild bridge flooded in 1971

on Sep 27, 2012 via YahooNews

At first glance, there is little to suggest a connection between Piermont and its sister village of Komlodtotfalu, a tiny community of some 100 people nestled on the Hungary-Romania border. That's where Ivan Szendro comes in.

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Bill Murray, Angela Lansbury Check Into Wes Anderson's 'Grand Budapest Hotel'

on Sep 26, 2012 via YahooNews

For Wes Anderson, using familiar actors in his productions is having like a big security blanket around. And lucky for him, that security blanket comes in the form of Bill freaking Murray. Murray has starred in all but one of Anderson's films (the exception being "Bottle Rocket"), and it seems as though he had no [...]

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Hungarian opposition radio wins court case

on Sep 26, 2012 via YahooNews

An opposition radio station in Hungary won a court ruling Wednesday in its bid for a broadcast license, but that was still no guarantee it could survive government efforts to control the media.The Budapest ...

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Hungary Eyes Rate Cut as Slump Trumps Inflation Concerns

on Sep 26, 2012 via YahooNews

Hungary?s central bank cut its main interest rate for a second month amid a deepening economic slump, shunning concern about the European Union?s fastest inflation and stirring divisions among policy makers.

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Budapest seeks to restore Armenia-Hungary ties without preconditions

on Sep 26, 2012 via YahooNews

The diplomatic note is a formal reply to August 31 statement, where Armenia informed Hungary of suspending diplomatic relations.

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Hungary Cuts Rate Again as Decision Polarizes Rate Body

on Sep 26, 2012 via YahooNews

Hungary?s second interest-rate cut in as many months shows Premier Viktor Orban?s allies have isolated central bank President Andras Simor and chosen economic growth over inflation, according to analysts from London to Budapest.

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Hungarian correspondence over PM's jibe kept secret

on Sep 26, 2012 via YahooNews

A Labour Party request for correspondence from the Government of Hungary after comments from Prime Minister John Key criticising Hungarian troops in Afghanistan has been declined.The request under the Official Information Act had...

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National blocks OIA request on Hungary?s response

on Sep 26, 2012 via YahooNews

In a move that can best be described as hypocritical National has blocked an Official Information Act request for Hungary?s formal response to the Prime Minister?s criticism of its troops in Afghanistan.

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National blocks OIA request on Hungary?s response - Goff

on Sep 26, 2012 via YahooNews

In a move that can best be described as hypocritical National has blocked an Official Information Act request for Hungary?s formal response to the Prime Minister?s criticism of its troops in Afghanistan. The request from Labour?s Foreign Affairs Spokesperson, Phil Goff, was knocked back by Foreign Minister Murray McCully. "The real irony was that the request was turned down on the grounds that ...

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Sources : YahooNews

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