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EU adviser backs ban on Italians making Tokaj wine


Attempts by Italian winemakers to use the traditional Tokaj label, already protected in Hungary under EU law, suffered a setback on Thursday when an adviser to the EU's highest court backed a ban on the name in Italy.

more  news »

Hungary's MOL to start Warsaw trade Dec. 22-paper


Shares in Hungarian oil and gas firm MOL will likely start trade on the Warsaw Stock Exchange on Dec. 22, Polish daily Parkiet reported on Friday.

more business & finance news »

Hungary's secret files mired in bickering


The Hungarian government's decision to open Soviet-era secret police files has created a storm of debate, the International Herald Tribune said Thursday.
more current affairs news »

Christmas Greeting Virus Spreads


A nasty virus that translates the Christmas greeting into the language of the person receiving it is spreading fast across the Internet. The Zafi.D virus spreads itself in an e-mail attachment that says "Happy holidays!" and features some rather crude smiley faces having a bit of Christmas rumpy pumpy.

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Insurance Direct Billing Policy Change


Effective January 1st, 2005 all co-pays, deductibles, and services not covered by individual policies will be due at the time of service as per insurance regulations.
more health & wellness news »

Using medications safely means knowing when they're necessary - and when they're not.


Always check with a doctor if you're unsure whether your symptoms (and especially your child’s) require medical treatment.
more health & wellness news »

5 Lessons


1 - First Important Lesson - Cleaning Lady.
more community & culture news »

Gloomy forecast for residential real estate


A steep 6%-8% rise in the price of construction materials, land for development and labor costs on the one hand and flagging demand on the other will put residential real estate developers in a double whammy next year, market research company GKI Rt and industry sources concurred.
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The “Best" of BSE in 2004: Portfolio.hu chosen best newsroom fifth time in a row - Thank you!


The Budapest Stock Exchange held its traditional year-end party on Tuesday evening, where it also presented awards to the best players on the capital market. Prime Minister Ferenc Gyurcsány, Finance Minister Tibor Draskovics and Minister of Economic Affairs János Kóka have also attended.

more current affairs news »

EU wheat export subsidies unlikely yet


The European Commission is unlikely to revive politically sensitive wheat export subsidies this week despite pressure from France to kick-start a sluggish shipment season, traders and analysts said on Wednesday.

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Hungary's Matav to cut management positions


Hungarian telecommunications group Matav said on Wednesday it will cut the size of its management and cut its organisational units from January 1, as a 25 percent headcount reduction requires smaller management.

more it & telco news »

Hungary's MOL to publish Warsaw prospectus Thurs.


Hungarian oil and gas firm MOL on Thursday will publish a prospectus detailing its planned listing in Warsaw, Central Europe's largest bourse, the company said late on Wednesday.
more business & finance news »

1 in 10 emails infected with Christmas virus


The W32/Zafi-D worm, which was discovered on Tuesday posing as a Christmas greeting, has continued to cause problems for unprotected computer users.

more  news »

Visitors look to Huszti magic


Ferencváros trained at Murrayfield last night clinging to the faint hope they can still qualify for the last 32 of the UEFA Cup. They will have to beat Hearts at least 3-0 and hope Basle lose heavily against Feyenoord in Switzerland for that to happen.
more sports news »

Revenue at GTS-Datanet jumps


Thanks largely to a Ft 1.5 billion investment implemented this year, revenues at GTS-Datanet Kft jumped 13% in 2004 exceeding the Ft 10 billion mark, the telecommunications company said. GTS is poised for more investments and acquisitions next year and hopes to boost its sales by 20%. Established in Hungary 11 years ago, GTS-Datanet currently has 65,000 clients, mostly small companies and private customers. (Nv 5, Vg 13) S.F.



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