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Hungary Nov CPI up 5.8% y/y vs. 6.3% in Oct -- Stats


Hungary's annual consumer price index came to 5.8% in November, versus 6.3% in October, the Central Statistics Office (KSH) said on Tuesday. The data was in line with analysts' forecast in a portfolio.hu poll on Monday.

more business & finance news »

A message from Central Home real-estate broker


"Together we have made 2004 a great year! Our team wishes to thank you for the trust you gave us, and for allowing us to constantly improve ourselves. We are hoping to serve you even better in 2005!
A merry Christmas to you all, and best wishes for happiness and prosperity in the New Year!”

more real estate news »

Eating as entertainment: Culinary philosopher George Lang still cooking up ideas at 80


George Lang was irked: The silk square in the breast pocket of his jacket was slightly off-tilt _ and he didn't notice right away.

"Why didn't you tell me?" the Hungarian-born restaurateur asked, cracking a smile.
more dining guide news »

Motor racing-Turkey and Silverstone on 19-race F1 calendar


Formula One's governing body confirmed the threatened British, French and San Marino Grands Prix on a bigger than ever 19-race calendar on Friday.

more sports news »

EU emissions scheme to start without four states


New European Union Environment Commissioner Stavros Dimas said on Friday the EU carbon emission trading scheme will start on January 1 2005 with only 21 out of 25 countries on board.

more  news »

EU puts off budget dispute until after summit


The Netherlands, the European Union's president, has delayed for now a clash between new and some "old" member states over the EU budget that threatened to cloud a Dec. 16-17 summit, diplomats said on Sunday.

more  news »

Ib Andersen to invest EUR 15-20 mln in Hungary


Danish group Ib Andersen Industri will set up a steelworks in western Hungarian city of Gyõr next year to benefit from rising demand for steel in Central Eastern Europe, daily Világgazdaság said on Monday.

more business & finance news »

EBRD ditches 13.5 million Matáv shares for HUF 11 billion


The European Bank for Reconstruction and Development (EBRD) sold all of its shares in Hungarian telecom group Matáv in London, sources close to the deal told portfolio.hu on Friday.

more it & telco news »

ChemAxon Launches JChem 3.0 and Marvin 3.5


ChemAxon, a software solutions provider for life sciences today announced the release of version 3.0 of its Java based cheminformatics suite, JChem and version 3.5 of Marvin, its Java based chemical, reaction and query editor and viewer.
more  news »

The year's finest BEST BOOKS OF 2004


... Budapest by Chico Buarque, translated by Alison Entrekin (Grove Press; 183 pages; $19.95): Jose Costa, a rather self-absorbed professional ghostwriter who ...

more community & culture news »

''Hungary's Referendum on Dual Citizenship: A Small Victory for Europeanism''


As the European Union consolidates its expansion into Eastern Europe, its Western European core is forced to confront the consequences of its past as a competitive nation-state system.
more current affairs news »

BAT lowers Pall Mall price, deprives budget of revenues


British American Tobacco Hungary Kft, Hungary's leading tobacco firm, has recently reduced the price of its Pall Mall cigarettes by 12% from HUF 500 to HUF 440 per pack, business daily Napi Gazdaság reported on Monday.

more business & finance news »

Hungary says troops in Iraq must not risk combat


Hungary has told NATO that Hungarian troops training Iraqi army officers next year will carry out no tasks that involve a risk of combat, a government spokeswoman said on Wednesday.

more current affairs news »

Emerging FX-Rand soft ahead of rate decision, forint dips


The South African rand eased on Thursday weighed by a firmer dollar and nerves ahead of an interest rate decision later on, while the forint dipped after the Hungarian government repeated the currency was too strong. The dollar steadied against the euro and yen on Thursday after posting strong gains the previous session and the pause in the U.S. currency's steep decline induced caution among emerging market bulls.

more business & finance news »

Soccer-End of Champions League road for eastern European clubs


Eastern European clubs have again failed to make any impact on the later stages of the Champions League with none of the four who took part in the Group stage reaching the last 16.
more sports news »





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