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Are We Witnessing A Quiet Putsch In Hungary?


"A putsch, as any dictionary will tell you, refers to the violent overthrow of a government. Hungary has not been subject to that kind of action per se, but rather a more insidious grab for power."
more current affairs news »

Hungary Hikes VAT To Highest EU Rate At 27%


"Hungary hiked Sunday its main value-added tax (VAT) rate to 27 percent from 25 percent, making it the highest in the European Union, in a gvernment move to fill budget hole, AFP reported."
more shopping news »

Hungary's Overdose Heads Out For Dubai Carnival Sprints


"Owner Zoltan Mikoczy is eyeing a number of races throughout the carnival before World Cup night itself on March 31, when the Group 1 Al Quoz Sprint over 5f on turf offers an obvious target."
more sports news »

Hungarian Parliament Passes Central Bank Law


"Hungarian parliament on Friday adopted a new law to give the government a greater say in central bank appointments despite clearly-voiced objections by the European Union (EU) and the International Monetary Fund (IMF)."
more business & finance news »

Top 10 Health Benefits Of A Good Night's Sleep


"Sleep, we all love it, especially when you wake up from a great night's sleep. In the past, sleep was often ignored by doctors and surrounded by myths, but now we are beginning to understand the importance of sleep to overall health and well-being. In fact, when people get less than 6 or 7 hours of sleep each night, their risk for developing diseases begins to increase."
more health & wellness news »

Hungary Risks EU Membership, Ex-U.S. Envoy Tells Nepszabadsag


"Hungarian Premier Viktor Orban is “abusing” his power and eroding democracy, which may lead to the country losing its European Union membership, former U.S. ambassador to Budapest Mark Palmer told Nepszabadsag."
more current affairs news »

T-Mobile Launching The First 4G/LTE Commercial Service In Hungary


"On January 1 T-Mobile was the first in Hungary to launch the first 4G/LTE based mobile internet service. The service became available in most parts of 10 Budapest districts through LTE enabled equipment or using the Net&Roll 4G mobile internet package, which T-Mobile offers promotionally at a discount monthly fee."
more it & telco news »

Hungarian Doctors Seek Higher Pay


"Hungary's health-care system could face serious staffing problems in a few days, as more than 2,500 medical professionals have said they are set to quit their jobs on Jan. 1 if they aren't granted higher salaries."
more health & wellness news »

Two Hungarian Journalists Fired Over Hunger Strike


"According to the Associated Press, the fired journalists, Balazs Nagy Navarro and Aranka Szavuly, have been participating in a hunger strike since Dec. 10, along with three other protesters. They have been living on nothing but tea and soup."
more current affairs news »

Orban Says 87,000 Hungarians Repaid FX Mortgage In Lump Sum


"Hungarian Prime Minister Viktor Orban said 87,000 borrowers have so far repaid their foreign- currency mortgage in a lump sum at below market prices and another 178,000 have indicated they want to do so."
more real estate news »

SEC Says Deutsche Telekom Violated Corrupt Practices Act At Magyar Unit


"The SEC sued the Bonn-based company and its Budapest-based Magyar Telekom unit in federal court in Manhattan today. The court filing doesn’t indicate whether a settlement has been reached. John Nester, an SEC spokesman, declined to comment beyond the filing. Elpida Trizi, a Deutsche Telekom spokeswoman, declined to immediately comment on the lawsuit."
more it & telco news »

Legal Catch-22 Leaves Newborn Child With Citizenship "Unknown" In Hungary


"Under the current policy, a child born to foreigners on Hungarian soil is generally not entitled to Hungarian citizenship. Instead, the parents are expected to furnish proof of the child's foreign citizenship – in the form of a certificate issued by the home country -so that it can be recorded on the birth certificate. Otherwise, the citizenship must be registered as "unknown".
more current affairs news »

Hungary To Approve Central Bank Law Opposed By EU, IMF


"Hungary is expected to defy IMF and EU objections on Friday by adopting its new central bank law and the government will go to court if needed to defend its position, adding to doubts about the chances of a new funding deal."
more current affairs news »

Holiday Season Sales Indicate Cautious Outlook For 2012


"A cautious mood prevailed among traditional markets, especially the European Union countries most affected by the sovereign debt crisis. He noted that many EU consumers were inclined to consider this holiday season as their last occasion to shop before austerity measures take effect."
more shopping news »

Hungary Third-Quarter Current Account Surplus Below Expectations


"Hungary’s third-quarter current- account surplus shrank from the previous three months and was smaller than analysts projected as the surplus on the trade of goods and services declined."
more business & finance news »





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