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Sunday 29 Mar 2015
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Art of Living - Basic Course + invitation for free intro.

"We are pleased to inform all of you about the next AOL basic-course held in Budapest"
more health & wellness news »

OTP may offer life contribution for flat

OTP Bank Rt plans the introduction of a program that would ensure a monthly contribution to pensioners in exchange for their flats, according to unnamed sources.
more real estate news »

BKV to establish bank for chip card issue

Budapest Transport (BKV) Rt may establish a bank soon to be able to issue chip cards and electronic tickets this year, project manager András Kós said.
more getting around news »

NABI says delivered 1,227 buses in 2004

Bus maker NABI, which announced heavy job cuts at its Kaposvár plant earlier this week, said it delivered 1,227 buses to its customers in 2004, a 7% increase over 2003.
more business & finance news »

Sound policy, not euro timing key for C.Europe-S&P

Rating agency Standard & Poor's said on Wednesday any delays in euro adoption by new European Union members would not hurt their credit rating provided they pursued sound economic policies.

more business & finance news »

Vodafone completes buyout of Hungarian unit

Mobile phone titan Vodafone Group Plc has completed its 19.4 billion forint ($102.5 million) buyout of a 10 percent stake in its Hungarian mobile operator from Antenna Hungaria, Antenna said.

more it & telco news »

Hungary to issue global bond at end Jan-FinMin

Hungarian Finance Minister Tibor Draskovics said on Thursday that Hungary was planning to issue a global bond at the end of January.
more business & finance news »

NATO could ship tanks for Iraq, as well as training

NATO is helping ship military hardware including guns and possibly tanks for use by Iraqi security forces, at the same time as expanding its training mission in Baghdad, a NATO official said Wednesday.

more current affairs news »

MOL group has large find in NW Pakistan

A group led by MOL Pakistan, Budapest, reported a second discovery on the 4,600-sq-km Tal block southwest of Peshawar in northern Pakistan.
The Makor-1 discovery well, in the Kohat basin of Northwest Frontier Province, encountered several hydrocarbon zones.

more business & finance news »

EU Parliament endorses first constitution

The European Parliament overwhelmingly endorsed the European Union’s first constitution on Wednesday but the treaty will only come into force if all 25 member states ratify it, several by referendums.

more  news »

Czink through in Canberra

MELINDA Czink of Hungary progressed to her first ever WTA semi-final with a straights win today at the Canberra Women's Tennis Classic.
more sports news »

Will Fitch's downgrade affect 24 January rate decision?

Fitch Ratings, the international rating agency on Wednesday announced that it has downgraded Hungary's long-term local currency rating to 'A' from 'A+' and revised the outlook on the local currency rating to 'stable' from 'negative'. At the same time the agency affirmed the long-term foreign currency rating at 'A-' (A minus), the short-term rating at 'F2' and the country ceiling at 'A+'. The outlook on the long-term foreign currency rating remains negative. Budget woes are behind the downgrade. The National Bank of Hungary's Monetary Council will hold its next rate-setting meeting on 24 January. Analysts and fund managers have so far typically expected a 50 basis point cut. Now we asked market players whether Fitch's move would influence the outcome of the rate decision. The market is mixed about the possible impact of today's move."

more business & finance news »

Allianz Hungary Expands Third Party Auto Coverage

Allianz Hungária announced that it has introduced new features to serve its motor third party liability insurance customers, and has further strengthened its position as the market leader in the country.
more business & finance news »

Gov’t Hikes Drug Prices

Health Minister Jenõ Rácz announced that the government will not raise prices of about 6,000 types of prescription drugs.
more health & wellness news »

Sweden 3 Hungary 0

Fredrik Ljungberg, Henrik Larsson and Anders Svensson were all on target as a Sweden, without the injured Zlatan Ibrahimovic, brushed aside Hungary in Stockholm.
Ljungberg opened the scoring midway through the first half and that's the way it stayed until five minutes after the interval, when Barcelona striker Larsson made it 2-0.

more sports news »

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