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Jan-Nov real wages down 0.5% yr/yr


Real wages in January-November fell by 0.5% year-on-year, with the net average wage up 6.4% amid a 6.9% consumer price inflation, the Central Statistics Office (KSH) said on Wednesday.

more business & finance news »

Hungary, EU hopeful Romania plan joint meetings


Hungary said on Monday it would hold joint cabinet meetings annually with Romania to help its eastern neighbour join the European Union and ease the historic burden on their relations.

more current affairs news »

Hungary sets Q1 budget projections,analysts dubious


Hungary on Monday released budget forecasts for January-March which analysts said appeared based on the sort of wishful thinking which has just prompted a downgrade of the country's forint rating.

more business & finance news »

Euro zone enlargement should be in steps-EBRD head


President of the European Bank for Reconstruction and Development Jean Lemierre said on Monday the new EU member states should be admitted to the euro on a case-by-case basis and only when they're ready.
more  news »

Hrusovsky urges Foreign Minister to complain to Hungary


The Ministry of Foreign Affairs should officially address Hungarian Prime Minister Ferenc Gyurcsany for a further explanation of his remarks on autonomy of Hungarians living abroad, according to Parliamentary Chairman Pavol Hrusovsky.
more current affairs news »

Hungarian-born writer wins prize that poets most desire


A POET who was born in Budapest and spent his early childhood in Hungary has won the T. S. Eliot Prize for Poetry, Britain’s most august poetry award, won in his time by the late Ted Hughes.
more community & culture news »

Matáv to start exclusive talks to buy Telekom Montenegro


Hungary's leading telecom group Matáv said on Monday that it had been selected to enter into exclusive negotiations to acquire Telekom Montenegro (Telekom Crne Gore AD, or TCG).

more it & telco news »

Hungary MÁV picks three bidders


Hungarian railroad company MÁV has picked rolling rock makers Alstom, Bombardier and Stadler to start talks on a contract worth an estimated HUF 40 billion, local dailies reported on Tuesday.

more getting around news »

Tennis-Qualifier Ivanovic wins Canberra Classic


Serbian teenager Ana Ivanovic beat Melinda Czink of Hungary 7-5 6-1 to win the Canberra Classic on Saturday and capture her first WTA title.
more sports news »

East tops European growth prospects list


A new divide is opening up in Europe, with most of the fastest-growing regions about to be found in the east and the laggards in the south and west, says a report published today.
more  news »

Hungary gives the best offer for privatisation of Montenegrin Telecom


A Hungarian company which operates within Deutsche Telecom has made the best offer for the privatisation of the Montenegrin Telecom, the Montenegrin government's Privatisation Council said in a statement on Friday.

more it & telco news »

Football: I'm going Hungary cos Scots are greedy


LIVINGSTON boss Richard Gough fears Scottish players are pricing themselves out of the SPL.
Gough has snapped up three Hungarian internationalists as his club take advantage of the recent expansion of the European Union

more sports news »

Germany shocks Hungary in final of Deaflympics water polo


Germany upset Hungary 8-4 in the gold-medal final of the Deaflympics water polo competition at the Melbourne Sports and Aquatics Centre here today.

more sports news »

Ericsson Gets Hungary


Ericsson landed a plum contract from Hungary’s incumbent telco Matav as sole source for Matav’s DSL hardware needs. Matav, which is majority-owned by Deutsche Telekom, plans to use Ericsson’s IP/Ethernet DSLAM, with ADSL2+ and gigabit Ethernet uplinks, to bring DSL to smaller communities as well as to upgrade residential broadband offerings in main population centers.
more it & telco news »

Vodafone Sweden targets business travellers with uniform price-plan


Mobile operator Vodafone Sweden has introduced a price-plan for 3G and GPRS data roaming, with lower and more uniform pricing in 15 European countries.

more it & telco news »





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