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Articles by Date

December 2011

21 hits
Dr. Nouriel Roubini

Roubini sees threat of 2012 collapse in Hungary

D&T
Dec 29, 2011

The Hungarian government’s "insistence on its unorthodox policy mix, together with an ill-founded hope that international lenders will eventually drop their provisions," Roubini Global Economics sums up Hungary's current situation in its latest research.

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Clinton expresses concern for Hungary

D&T
Dec 27, 2011

Coming on the heels of a warning message from European Commission President José Manuel Barroso, Hungary's Prime Minister Viktor Orbán has now received another tough message - this time from no other than US Secretary of State Hillary Clinton.

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Brazilian Colors in Hungary

Rudolf Sárdi
Dec 22, 2011

In recent years the number of tourists opting for Brazil as their destination has increased considerably as a result of the country’s continued promotion on the Hungarian market. In order to further boost tourism, a tourist workshop was organized recently.

Millenium City Center |

Real Estate Deal of the Year

D&T
Dec 20, 2011

Hungary-based real estate developer TriGránit has sold a majority stake in four of its Budapest buildings for some HUF 45 billion (EUR 148.12 m). The buyer is U.S.-based Heitman European Property that alreadyí bought Croatian assets from TriGranit.

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U.S.-Hungary: 90 Years of Diplomatic Ties

D&T
Dec 19, 2011

The Governments of Hungary and the United States issued a joint press release on the occasion of the ninetieth anniversary of the establishment of diplomatic relations. Bilateral relations are "based on qualitatively new foundations" since 1989.

| source: digitaltrends.com

Hungary's talks with IMF, EU interrupted

D&T
Dec 16, 2011

Preparatory talks between Hungary's government, the IMF and the European Union on a precautionary loan were interrupted on Friday, Amadeu Altafaj Tardio, spokesman for Economic and Financial Commissioner Olli Rehn said.

| source: www.raba.hu

Hungary acquires controlling stake in Rába

D&T
Dec 14, 2011

Hungary's National Development Ministry and National Asset Management Agency (MNV) jointly announced that the the state has acquired controlling interest in the exchange-listed Hungarian automotive company Rába after a public tender.

| SWISS

Overseas Travel in Comfort

Tamás Varga
Dec 12, 2011

The Business Class of Swiss Airlines has been awarded the title 'Best Business Class in Europe' at this year's World Travel Awards. Our travel expert, Tamás Varga took the Zurich-Chicago route to experience what this class has to offer.

Tamás Fellegi | Attila Kovács/MTI

Hungarian National Development minister resigns

D&T
Dec 8, 2011

The Hungarian Minister for National Development Tamás Fellegi announced that he had tendered his resignation, asking the prime minister to relieve him of his post so that he has time to perform other important duties.

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