Articles by Date

November 2010

26 hits
European Commission headquarters in Brussels |

EU Commission: Hungary GDP growth at 2.8pc in 2011

Nov 30, 2010

The European Commission projects Hungary's economy will expand by 2.8 % in 2011, unchanged from its projection in the spring. The Commission forecasts that Hungary will meet the 3.8 % public finance deficit target for 2010 but will overshoot the respective targets for 2011 and 2012.

Government adopts bill to clarify impact of pensions shift |

Bill adopted to clarify impact of pensions shift

Nov 24, 2010

The government adopted a package of bills designed to force people to switch from a private to a state-managed pension scheme. Those not willing to switch will lose the considerable amount of state pension they are now entitled to.

Dr. Herbert Fish | Dávid Harangozó

BASF maintains stable business in Hungary

Nov 22, 2010

'People here are very professional, very well-educated, which is, of course, very important for our business”, says Herbert Fisch of BASF Hungária, adding that his company sees great potential in Central Europe.

Gábor Ganczer | Dávid Harangozó

Hungexpo: Not just fairgrounds

Sándor Laczkó
Nov 18, 2010

In the past five years, the French owner of the Hungexpo fair and exhibition site has spent EUR 50 million, including the purchase price, to develop the area of 36 hectares that now has 70,000 sq meters of covered exhibition area in Budapest.

Adrian Ellis | Dávid Harangozó

Corinthia prides itself on service

Nov 17, 2010

The business climate has been "challenging" for the last couple of years but there is a slow recovery seen now. That is according to Adrian Ellis, the director of Corinthia Hotel Budapest, the largest 5-star hotel in the Hungarian capital.


Hungary, a mid-corrupt country

Noémi Alexa / TI
Nov 13, 2010

Transparency International believes that while Hungary’s perceived level of corruption has remained the same, the CE European average has slowly but steadily improved. Hungary has been losing its favorable position in the region both in terms of corruption level and competitiveness.

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