Schools operated by the city of Budapest are set to become darker and colder after principals were warned that they face a 10 per cent cut to their 2012 budgets from this month in order to finance Budapest public transport company BKV.
Budapest, May 30 (MTI) – Hungary’s central bank (NBH) and the
finance ministry said in a statement on Friday that they would stick
to their joint mid-term 3 percent inflation target.
Budapest, May 30 (MTI) – Budapest and Poland’s Wroclaw are the
only competitors in the race for a planned European innovation and
technology institute, and Budapest has a strong chance of winning
the 308-million-euro project, Nepszabadsag daily reported on Friday.
Budapest, May 30 (MTI) – Following recent changes to the
government’s structure many officials working in ministries will
relocate next week to cut costs, daily Nepszabadsag reported on
Budapest, May 30 (MTI) – Investments in Hungary dropped an
annual 4.8 percent in the first quarter after growing 2.4 percent in
the final quarter last year, the Central Statistical Office (KSH)
said on Friday. Construction investments fell by 15.5 percent while machine and
vehicle investments went up by 8.4 percent. The economy grew by 1.6 percent in the first quarter, according
to preliminary figures, said KSH.
Budapest, May 30 (MTI) – Hungarian industrial producer price
growth accelerated to an annual 6.5 percent in April from 5.7
percent in March, the Central Statistical Office (KSH) said on
Budapest, May 29 (MTI) The eight-game rapid chess contest
between Hungary’s Peter Leko and Norwegian Magnus Carlsen continued
with two games in Miskolc, N, Hungary on Thursday, yielding one
draw, and one win for Carlsen.
Budapest, May 29 (MTI) – Representatives of the Hungarian and
the Slovak police force discussed cross-border cooperation,
including ways to coordinate cross-border chases, at a meeting in
northwest Hungary on Thursday.
Budapest, May 29 (MTI) – Hungarian airline Malev announced on
Thursday that it now had an electronic ticket system in operation
for its entire network.