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Expat Life in Budapest, Hungary - News, Events, Movies, Restaurants, Jobs, Schools, Sport, Clubs in the Hungarian Capital
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 Monday 08 September 2008
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Expat Life in Budapest, Hungary - News, Events, Movies, Restaurants, Jobs, Schools, Sport, Clubs in the Hungarian Capital

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Forint edging towards band's stronger end, surprises unlikely
"The Hungarian currency has made a slight gain against the euro since interbank trade opened this morning, in line with a modestly optimistic regional market sentiment. EUR/HUF rates descended to 245.70 after opening rates of 246; USD/HUF rates are currently around 177.50 while the dollar is close to its historic low against the euro. more »

PM calls for legislation to block sales
PM calls for legislation to block sales
"Prime Minister Ferenc Gyurcsny has instructed the Ministry of Justice to draft regulations to prevent foreign companies directly or indirectly owned by foreign states from acquiring strategically important Hungarian companies, government spokesman Dávid Daróczi announced Wednesday. more »

Suzuki invests HUF 50 bln to make Splash in Hungary
Suzuki invests HUF 50 bln to make Splash in Hungary
"Suzuki's local subsidiary is planning to step up production with its employee headcount growing from the current 5,000 to 6,000 by the end of next year, daily Világgazdaság reported. more »

Budapest stock market swims against the tide
Budapest stock market swims against the tide
"Never mind the pessimistic sentiment and sharp downturn in international markets, a bullish trend persisted at the Budapest Stock Exchange this afternoon, with the BUX index closing 0.2% higher than yesterday at 29,894 points. The Prague Stock Exchange followed suit (+0.6%), while RTS and WIG20 weakened by 0.9% and 0.5%, respectively. more »


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