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• Economy

  Hungaryʼs state debt 70.9% of GDP, including Eximbank

  

  Hungaryʼs national debt as a percentage of GDP reached 70.9% at the end of last year, down from 73.4% at the end of 2017, preliminary data released by the National Bank of Hungary (MNB) on Monday show, state news wire MTI reported.

   Mon, Feb. 18, 2019, 12:45

  • state debt
  • Hungary
  • economy
  • GDP
  • Eximbank
• Politics

  ALLEA reinforces call for academic freedom of MTA

  

  The European Federation of Academies of Sciences and Humanities (ALLEA) has repeated its call to protect the institutional autonomy and academic freedom of the Hungarian Academy of Sciences (MTA), expressing solidarity with its member academy and calling for support of all researchers and staff affiliated with the MTA.

   Mon, Feb. 18, 2019, 12:15

  • MTA
  • ALLEA
  • academic freedom
  • politics
  • funding
  • education
  • independence
• Business

  Provident wins international HR award

  

  Personal loans provider Provident Pénzügyi Zrt. was recognized as Top Employer 2019 by the Top Employers Institute on February 14 in Amsterdam, for the creation of an ideal workplace environment and human capital activity, according to a press release sent to the Budapest Business Journal.

   Mon, Feb. 18, 2019, 11:30

  • Provident
  • HR
  • employer
  • wellbeing
  • workplace
• Region

  Slovenia to cancel hydroelectric plants along Mura

  

  Sloveniaʼs Minister of the Environment Jure Leben has announced a decree that will cancel the construction of eight previously planned hydroelectric power plants along the Mura, in order to protect the river, the Budapest Business Journal has been told. 

   Mon, Feb. 18, 2019, 11:00

  • Slovenia
  • Austria
  • Hungary
  • Mura
  • river
  • environment
  • protection
  • energy
  • hydroelectric
• Finance

  MNB sets date for old HUF 10,000 bill withdrawal

  

  The National Bank of Hungary (MNB) will withdraw old HUF 10,000 bills at the end of this year, a decree published in the latest issue of the official gazette Magyar Közlöny shows, state news agency MTI reports.

   Mon, Feb. 18, 2019, 10:00

  • MNB
  • bank
  • withdrawal
  • bill
• Culture

  The music of nations presents France

  

  The concert series of the Sinfonietta Pannonica Ensemble, representing the style and tunes of various nations through each performance, will offer a deeper insight into the music of France in its next concert, urania-nf.hu reported.

   Mon, Feb. 18, 2019, 09:30

  • France
  • music
  • nations
  • Uránia
• Economy

  S&P upgrades Hungary to ’BBB’; outlook ’stable’

  

  Standard & Poor’s Global Ratings, one of the three big ratings agencies, has upgraded Hungary’s sovereign rating to "BBB", two notches over the investment grade threshold, with a "stable" outlook, news wire MTI reported. 

   Mon, Feb. 18, 2019, 09:00

  • S&P
  • Hungary
  • outlook
  • rating
  • investment
  • agency
• Business

  Dunaferr raises wages by 13% on average

  

  Iron- and steel group Dunaferr announced it will raise the salary of its employees by an average of 13% in 2019, after signing a deal with trade union representatives this week, the company told the Budapest Business Journal.

   Fri, Feb. 15, 2019, 16:00

  • Dunaferr
  • industry
  • wage
  • raise
• Economy

  Farmgate prices up 5.8% in December - KSH

  

  Farmgate prices in Hungary were up 5.8% year-on-year in December 2018, the Central Statistical Office (KSH) said today, Hungarian news agency MTI reports.

   Fri, Feb. 15, 2019, 14:30

  • Farmgate
  • prices
  • December
  • KSH
  • agriculture
• Economy

  Work permit quota for non-EU nationals set at 57,000 in 2019

  

  Hungaryʼs Minister of Finance has set the quota for work permits issued to foreign nationals from countries outside of the European Union at 57,000 for this year, a notice published in the latest issue of the official journal Hivatalos Értesítő shows, state news wire MTI says.

   Fri, Feb. 15, 2019, 12:45

  • work permit
  • quota
  • labor