http://xpatloop.com/http://www.xpatloop.com/images/cms/xs_logo.gifhttp://xpatloop.com/businessXpatloop.com - Expat Life In Budapest, Hungary - Business© XpatLoop.com 2007en-ENinfo@xpatloop.comMonetary Council members voted unanimously to reduce the base rate for the ninth consecutive month by 25 basis points to 4.75% at the April 23 meeting, according to the minutes released yesterday.http://www.xpatloop.com/news/73322Thu, 16 May 2013 09:00:00 GMTIn line with Government expectations – and according to the flash report of the Hungarian Central Statistical Office (KSH) – the Hungarian economy expanded by 0.7 percent compared to the previous quarter.http://www.xpatloop.com/news/73320Wed, 15 May 2013 09:02:00 GMTThe EU’s expressed concerns about Hungary’s constitutional system have nothing to do with democracy, but are a response to the cuts in utility fees, Fidesz caucus leader Antal Rogan told reporters.http://www.xpatloop.com/news/73319Wed, 15 May 2013 09:00:00 GMT"Hungary’s inflation rate dropped to the lowest in almost 39 years, bolstering the case for policy makers to cut record-low interest rates further. Consumer prices rose 1.7 percent from a year earlier in April, the slowest since June 1974, after a 2.2 percent increase the previous month, the statistics office in Budapest said."http://www.xpatloop.com/news/73313Wed, 15 May 2013 01:00:00 GMTDuring recent years, Hungary has moved from being one of the worst performing European countries to become one of the frontrunners of the EU, a result of the Government’s consistent economic policy, Government Spokesperson András Giró-Szász stated at a joint press conference on Friday. He emphasised that the Hungarian Government is convinced that the measures requested by the European Commission are unnecessary, as budget targets will be met without difficulty.http://www.xpatloop.com/news/73285Mon, 13 May 2013 09:00:00 GMTJay Fogelman, director of the MSc in IT Management and senior lecturer of technology management at CEU Business School, answers questions about the eight-month long, 30 credit program that shapes tech savvy professionals into business leaders and entrepreneurs.http://www.xpatloop.com/news/73247Thu, 09 May 2013 09:00:00 GMTPresenting the EU Commission’s spring economic forecast on Friday, Olli Rehn, the EU Commissioner for Economic and Monetary Affairs and the Euro, announced that three countries – Romania, Lithuania and Latvia – are on track to exit the excessive deficit procedure (EDP), but that Hungary and Italy would need to do more to trim the budget deficit below three percent of GDP in 2013 and 2014.http://www.xpatloop.com/news/73237Tue, 07 May 2013 09:00:00 GMTThe French-Hungarian Chamber of Commerce and Industry, the DEFH (Dirigeants et Entrepreneurs Francophones en Hongrie) and The Canadian Chamber of Commerce in Hungary and their cooperating partners, Belgian Business Club, British Chamber of Commerce in Hungary, German-Hungarian Chamber of Industry and Commerce,Irish Hungarian Business Circle, Italian Chamber of Commerce in Hungary, Joint Venture Association, Netherlands-Hungarian Chamber of Commerce, Swedish Chamber of Commerce in Hungary, Swisscham Hungary cordially invite you to the next 'Speed Business Meeting'http://www.xpatloop.com/news/73207Mon, 06 May 2013 09:00:00 GMTTurnover on the Budapest Stock Exchange was 10% lower in April than in March, the bourse announced yesterday. Turnover fell to Ft 168 billion for April, from Ft 188 billion in the same month of 2012, a daily average of Ft 8 billion.http://www.xpatloop.com/news/73220Fri, 03 May 2013 09:00:00 GMTNew York author and environmental activist Colin Beavan will speak in the Central European University Auditorium, Nador Utca 9, 1051, Budapest, on Tuesday, May 14th, at 5 pm. This event is open to the public.http://www.xpatloop.com/news/73202Fri, 03 May 2013 09:00:00 GMTThe Hungarian Government signed a Strategic Partnership Agreement with Israeli pharmaceutical company Teva on Thursday in Budapest. The agreement was signed by Minister of National Economy Mihály Varga and CEO of Teva Hungary László Szabó.http://www.xpatloop.com/news/73206Fri, 03 May 2013 09:00:00 GMTA pro-government commentator welcomes the government’s decision to buy the Pécs municipal water provider company. The leading left-wing liberal daily, on the other hand, finds it unacceptable that taxpayers have to pay for lower energy prices through the renationalization of the utility sector.http://www.xpatloop.com/news/73158Mon, 29 Apr 2013 09:00:00 GMTDeveloping a labour-based economy will be key to boosting living standards in the country, Prime Minister Viktor Orbán said on Wednesday.http://www.xpatloop.com/news/73131Thu, 25 Apr 2013 09:00:00 GMT“Lean” is the key word in business today, especially for startups who want to get up and running quickly and cheaply. It’s all about focusing on the customer, and getting feedback on your product, even when you don’t even have one.http://www.xpatloop.com/news/73120Wed, 24 Apr 2013 09:00:00 GMTThe Hungarian general government deficit figure of 1.9% reported by Eurostat is even more favourable than the formerly announced 2.1%.http://www.xpatloop.com/news/73109Tue, 23 Apr 2013 09:01:00 GMTUS investment fund Franklin Templeton bought some 25% of the $3.25 billion worth of bonds issued by Hungary in the middle of February, Napi Gazdaság calculates, based on the fund’s reports.http://www.xpatloop.com/news/73113Tue, 23 Apr 2013 09:00:00 GMT“Growing through a recession: Doing Business in 2013 – Small, Medium Enterprise” was the theme of the IHBC event at the Conference Center in Bank Center Office yesterday, with the Irish Ambassador, Kevin Dowling in attendance. This was about the opportunity of growth and not so much recession. It focused on passion, adaptability, embracing technology, added value and competitive advantage. Keynote speaker Will Benko spoke about “creating an environment to be engaged in, touch people’s lives” and “setting up opportunities for the next generation.”http://www.xpatloop.com/news/73088Fri, 19 Apr 2013 09:01:00 GMTEarn a U.S. MBA or Master’s Degree designed for innovative leaders and professionals.http://www.xpatloop.com/news/72997Thu, 18 Apr 2013 09:00:00 GMTThe Hungarian Government and Lego Manufacturing Ltd. signed a strategic partnership agreement today in Budapest. The agreement was signed between Minister of State for Foreign Affairs and External Economic Relations Péter Szijjártó and Lego's Investment Manager Martin Svejda. Danish Ambassador to Hungary Tom Norring and Executive Director of Lego Manufacturing Jesper Hassellung Mikkelsen also took part at the event.http://www.xpatloop.com/news/73061Tue, 16 Apr 2013 09:00:00 GMTMost companies are unwilling to enter into a legal dispute with NAV, the tax authority, consultants Deloitte Magyarország found in a recent survey of medium and large companies. Two-thirds of respondents said they have faced a situation when they considered a NAV ruling unfair, but took no action, as the money concerned was relatively small.http://www.xpatloop.com/news/73063Tue, 16 Apr 2013 09:00:00 GMT