90 result(s) for upgrades
Finance Minister Varga: Fitch Upgrade Evidence Of Reforms
- 23 May 2016 9:00 AM
- business
An upgrade of Hungary back to investment grade by ratings agency Fitch on Friday is a result of economic reforms the government started in 2010, Economy Minister Mihály Varga said at a press conference on Saturday. The upgrade is evidence that the Hungarian economic restructuring has been a success, that the Hungarian reforms are working, Varga said.
Review: Café Ëgoist Budapest, Restaurant & Museum Combo
- 23 Mar 2016 11:30 AM
- food & drink
“All love is egoism gone wild,” Sándor Márai writes in one of his novels. If you love selected delicacies, cultivated entertainment and art nouveau interiors, you will be at the best place in Café Ëgoist, near Széchenyi tér. The restaurant, which was reopened under this new name only last November, gives you a chance to relax to the max in an environment that feels like being back in the Hungary ...
S+P Affirms Hungary Rating; Outlook Still Stable
- 21 Mar 2016 8:00 AM
- business
Standard and Poor’s Ratings Services affirmed its ‘BB+/B’ long- and shortterm foreign and local currency sovereign credit ratings on Hungary. The outlook for Hungary remains stable, S+P said. Hungary’s government reiterated that it expects upgrades by at least two of the three big ratings agencies this year.
Hungary To Refinance FX Debt Mainly With Forint Issues
- 30 Jan 2016 8:00 AM
- property
Hungary will refinance its maturing FX debt mainly with forint issues, but will also issue FX debt if necessary, the head of the Government Debt Management Agency (ÁKK) told journalists. György Barcza noted that the ÁKK’s issue plan for this year includes 1 billion euros in FX bonds to be subscribed by international investors.
City: Hungary Could Return To Investment Grade In 2016
- 1 Dec 2015 8:00 AM
- current affairs
Hungary is set to regain investment grade status next year, and the central bank is likely to embark on a new rate cutting cycle, London-based emerging markets economists said. In a report outlining its revised 2016 forecasts for emerging markets, released to clients in London, Morgan Stanley said that “credit upgrades are overdue” and Hungary will regain its investment grade rating with at least ...
Some 40,000 Vehicles In Hungary Affected By VW Emissions Scandal
- 22 Oct 2015 9:00 AM
- getting around
Data from the National Transport Authority indicate that 40,095 vehicles in Hungary are affected by Volkswagen’s diesel emissions scandal, Development Minister Miklós Seszták said. In his response to independent lawmaker Tímea Szabó in parliament, Seszták said the transport authority automatically certifies new cars based on approval by an EU member state regulator.
Jean Pierre Mifsud Appointed As New GM Of Corinthia Hotel Budapest
- 5 Aug 2015 9:00 AM
- community & culture
Corinthia Hotels appoint Jean Pierre Mifsud as General Manager of its iconic Grande Dame hotel in Budapest. Moving from his position as General Manager of the Marina Hotel in Malta, and bringing over 20 years’ experience across the tourism and hospitality industry, Jean Pierre Mifsud will oversee Corinthia Budapest as it continues to thrive among the city’s leading hotels. He takes over from ...
Hungary Eyes Formula One Contract Extension
- 3 Aug 2015 9:00 AM
- sport
Hungary has long-term plans for its Formula One race, Economy Minister Mihály Varga said ahead of the 30th Hungarian Grand Prix on Sunday. Mihály Varga said it was essential that the Hungaroring undergo occasional upgrades for F1 to keep coming back for years to come. The Hungaroring was therefore upgraded last year, and the Hungarian government would like to continue the work in the long run, ...
Hungary Upgrades Espionage Capabilities
- 17 Jul 2015 12:40 PM
- current affairs
The massive reorganization at Hungary’s “Information Office”, the country’s non-military intelligence gathering agency, is finished. The next big reorganization will take place at the Constitutional Protection Office, Hungary’s counter-intelligence agency.
Finance Minister Varga: Fitch Upgrade Evidence Of Reforms
- 23 May 2016 9:00 AM
- business
An upgrade of Hungary back to investment grade by ratings agency Fitch on Friday is a result of economic reforms the government started in 2010, Economy Minister Mihály Varga said at a press conference on Saturday. The upgrade is evidence that the Hungarian economic restructuring has been a success, that the Hungarian reforms are working, Varga said.
Review: Café Ëgoist Budapest, Restaurant & Museum Combo
- 23 Mar 2016 11:30 AM
- food & drink
“All love is egoism gone wild,” Sándor Márai writes in one of his novels. If you love selected delicacies, cultivated entertainment and art nouveau interiors, you will be at the best place in Café Ëgoist, near Széchenyi tér. The restaurant, which was reopened under this new name only last November, gives you a chance to relax to the max in an environment that feels like being back in the Hungary ...
S+P Affirms Hungary Rating; Outlook Still Stable
- 21 Mar 2016 8:00 AM
- business
Standard and Poor’s Ratings Services affirmed its ‘BB+/B’ long- and shortterm foreign and local currency sovereign credit ratings on Hungary. The outlook for Hungary remains stable, S+P said. Hungary’s government reiterated that it expects upgrades by at least two of the three big ratings agencies this year.
Hungary To Refinance FX Debt Mainly With Forint Issues
- 30 Jan 2016 8:00 AM
- property
Hungary will refinance its maturing FX debt mainly with forint issues, but will also issue FX debt if necessary, the head of the Government Debt Management Agency (ÁKK) told journalists. György Barcza noted that the ÁKK’s issue plan for this year includes 1 billion euros in FX bonds to be subscribed by international investors.
City: Hungary Could Return To Investment Grade In 2016
- 1 Dec 2015 8:00 AM
- current affairs
Hungary is set to regain investment grade status next year, and the central bank is likely to embark on a new rate cutting cycle, London-based emerging markets economists said. In a report outlining its revised 2016 forecasts for emerging markets, released to clients in London, Morgan Stanley said that “credit upgrades are overdue” and Hungary will regain its investment grade rating with at least ...
Some 40,000 Vehicles In Hungary Affected By VW Emissions Scandal
- 22 Oct 2015 9:00 AM
- getting around
Data from the National Transport Authority indicate that 40,095 vehicles in Hungary are affected by Volkswagen’s diesel emissions scandal, Development Minister Miklós Seszták said. In his response to independent lawmaker Tímea Szabó in parliament, Seszták said the transport authority automatically certifies new cars based on approval by an EU member state regulator.
Jean Pierre Mifsud Appointed As New GM Of Corinthia Hotel Budapest
- 5 Aug 2015 9:00 AM
- community & culture
Corinthia Hotels appoint Jean Pierre Mifsud as General Manager of its iconic Grande Dame hotel in Budapest. Moving from his position as General Manager of the Marina Hotel in Malta, and bringing over 20 years’ experience across the tourism and hospitality industry, Jean Pierre Mifsud will oversee Corinthia Budapest as it continues to thrive among the city’s leading hotels. He takes over from ...
Hungary Eyes Formula One Contract Extension
- 3 Aug 2015 9:00 AM
- sport
Hungary has long-term plans for its Formula One race, Economy Minister Mihály Varga said ahead of the 30th Hungarian Grand Prix on Sunday. Mihály Varga said it was essential that the Hungaroring undergo occasional upgrades for F1 to keep coming back for years to come. The Hungaroring was therefore upgraded last year, and the Hungarian government would like to continue the work in the long run, ...
Hungary Upgrades Espionage Capabilities
- 17 Jul 2015 12:40 PM
- current affairs
The massive reorganization at Hungary’s “Information Office”, the country’s non-military intelligence gathering agency, is finished. The next big reorganization will take place at the Constitutional Protection Office, Hungary’s counter-intelligence agency.