News tagged "budapest"

Hungary scraps central bank tax, removes aid talks hurdle

on Oct 05, 2012 via YahooNews

BUDAPEST (Reuters) - Hungary abandoned a plan on Friday to tax financial transactions by its central bank, removing a stumbling block in credit talks with the International Monetary Fund and European Union. The plan had drawn strong criticism from abroad, where institutions and policymakers viewed it as part of an attempt by Budapest to exert a stronger influence over monetary policy. Economy ...

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Hungary weighing new measures to curb budget deficit: report

on Oct 05, 2012 via YahooNews

BUDAPEST (Reuters) - Hungary's Economy Ministry has presented the government with a 1 trillion forint ($4.5 billion) menu of tax rise options and spending cuts to reduce next year's budget deficit and avert the loss of European Union funds, news website origo.hu reported. Central Europe's most indebted nation must keep its deficit below 3 percent of economic output in 2013 as the alternative ...

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Hungarian Rhapsody - Queen Live In Budapest

on Oct 05, 2012 via YahooNews

NEW YORK, Oct. 4, 2012 /PRNewswire/ --?Hungarian Rhapsody: Queen Live In Budapest is a must?see concert experience by legends of rock, Queen. It will be released on DVD, Blu-Ray, 2CD+DVD Deluxe Edition ...

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Maronite patriarch wraps up Hungary visit

on Oct 05, 2012 via YahooNews

Rai departed from the Hungarian capital of Budapest after meeting with Hungarian clergymen, officials and diplomats and visiting a number of historic churches in the Central European country.

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Hungary weighing new measures to curb budget deficit: report

on Oct 04, 2012 via YahooNews

BUDAPEST (Reuters) - Hungary's Economy Ministry has presented the government with a 1 trillion forint ($4.5 billion) menu of tax rise options and spending cuts to reduce next year's budget deficit and avert the loss of European Union funds, news website origo.hu reported. Central Europe's most indebted nation must keep its deficit below 3 percent of economic output in 2013 as the alternative ...

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Hungarian Rhapsody - Queen Live In Budapest

on Oct 04, 2012 via YahooNews

NEW YORK, Oct. 4, 2012 /PRNewswire/ --?Hungarian Rhapsody: Queen Live In Budapest is a must?see concert experience by legends of rock, Queen. It will be released on DVD, Blu-Ray, 2CD+DVD Deluxe Edition ...

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on Oct 03, 2012 via YahooNews

EUR 15 M granted by the Budapest government to Hungarian universities of Transylvania. Orban received the ?Bocskai Istvan? award for his contribution to the development of the Sapientia University.

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on Oct 02, 2012 via YahooNews

During his official visit to Budapest earlier in the week, Foreign Minister Titus Corlatean made a proposal for a joint mini-session of the Romanian and the Hungarian government to be held in Romania in the first half of 2013, a proposal to which the Hungarian side agreed in principle.

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The Foreign Minister told his Hungarian counterpart yesterday during his visit in Budapest that cooperation between ...

on Oct 01, 2012 via YahooNews

Foreign Affairs Minister Titus Corlatean stated yesterday at the end of a meeting he had with his Hungarian counterpart Janos Martony in Budapest that Romania?s stance towards ethnic minorities remains unchanged: these communities form an important bridge between the two countries and, consequently, solving their problems calls for a balanced approach, Mediafax informs, quoting MTI. ?The ...

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INTERVIEW-Hungary in cautious easing cycle now -three c.bankers

on Oct 01, 2012 via YahooNews

* Inflation-targeting has not been questioned -rate setters * C.bank cut rates twice in a row to 6.5 pct, doves voteddown governor * Acting under alternative risk scenario that allows looserpolicy * Three rate setters reject accusations of politicalpressure BUDAPEST, Oct 1 (Reuters) - Three of the seven centralbankers who set Hungary's interest rates declared on Monday thata cautious rate ...

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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 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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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 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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UPDATE 1-Soccer-Hungary 1 Netherlands 4 - W.Cup qualifier rslt

on Sep 25, 2012 via YahooNews

Sept 11 (Reuters) - Hungary 1 Netherlands 4 - World Cupqualifying Group D result. In Budapest Scorers: Hungary: Balazs Dzsudzsak 6 pen Netherlands: Jeremain Lens 2, 52, Bruno Martens 18,Klaas-Jan Huntelaar 73 Halftime: 1-2; Referee: Pedro Proenca (Portugal) Teams: Hungary: 1-Adam Bogdan, 3-Vilmos Vanczak, 21-Zsolt Korcsmar,4-Roland Juhasz, 2-Zoltan Liptak, 7-Balazs Dzsudzsak, 6-AkosElek (17-Adam ...

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New Hungarian Military Strategy an Important Milestone

on Sep 24, 2012 via YahooNews

Hungarian Defence Minister Csaba Hende called the new National Military Strategy and important milestone. The Minister spoke at a press conference, following a five-party consultation in Budapest...

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Hungary seeks 12-15 billion euro IMF credit line - paper

on Sep 24, 2012 via YahooNews

BUDAPEST (Reuters) - Hungary hopes to sign a precautionary credit deal of 12-15 billion euros with international lenders, similar to the agreement which Poland has with the IMF, Hungary's minister in charge of talks with lenders said on Saturday. Hungary, which has the highest state debt as percentage of economic output in central Europe, started talks about a financing backstop in July after ...

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Soccer-Late callup Lens helps four-goal Dutch sink Hungary

on Sep 23, 2012 via YahooNews

BUDAPEST, Sept 11 (Reuters) - Winger Jeremain Lens, calledinto the team at the last minute after Arjen Robben injured hisgroin in the warmup, struck twice to inspire Netherlands to a4-1 rout of Hungary in World Cup Group D qualifying on Tuesday. The Dutch, World Cup runners-up in 2010, have not lost toHungary since 1984 and the visitors took the lead in the secondminute when Luciano Narsingh's ...

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Hungary seeks 12-15 billion euro IMF credit line - paper

on Sep 22, 2012 via YahooNews

BUDAPEST (Reuters) - Hungary hopes to sign a precautionary credit deal of 12-15 billion euros with international lenders, similar to the agreement which Poland has with the IMF, Hungary's minister in charge of talks with lenders said on Saturday. Hungary, which has the highest state debt as percentage of economic output in central Europe, started talks about a financing backstop in July after ...

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Water Polo: Hungary's legendary coach Denes Kemeny resigns

on Sep 21, 2012 via YahooNews

BUDAPEST: Denes Kemeny, who led Hungary's men's waterpolo team to three successive Olympic golds, announced his resignation as coach on Friday after his team finished a disappointing fifth at the London Olympics.

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Sources : YahooNews