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hvg.hu English version

Hungexpo Reports Losses

State-owned fair organizing company Hungexpo Rt. went HUF 110 million into the red last year, as opposed to making HUF 260 million in
Hungexpo owner State Privatization and Holding Rt. (ÁPV) confirmed HVG’s information that the fair organizing company posted losses in
... of the planned profits. ÁPV sources added that the privatization and state asset agency will seek written explanation from
.... Hungexpo is currently in the process of being privatized, and last month ÁPV announced a consortium lead by real estate tycoon Sándor

hvg.hu English version

Waning Chances For A Woman President

A steering committee session at MSZP last Saturday accepted the party’s principles for choosing candidates to be Hungary’s next
According to information obtained by HVG, the session decided the ideal presidential candidate is a true democrat
..., and both coalition parties – MSZP and SZDSZ – support him or her. However, the third condition means that Chair of House Katalin
... rumored to be the MSZP’s choice for Hungary’s next President, might not make it to candidacy. SZDSZ repeatedly said it does not support

hvg.hu non-base

Internet Banking Booms

The number of residential users of internet banking services grew 44%, while the number of corporate users swell 36% last
A total of 476,000 residential and 74,000 corporate clients had internet banking contracts at Hungarian credit institutions last year. Of
... internet banking services, money transfer is the most popular service among both residential and corporate users. Also joining
... insurance companies, which are increasingly selling insurance policies through the world wide web. The latest boom in

hvg.hu English version

TV News Editor Fired On Pope’s Death

György Nika, news editor of Hungarian Television Rt. (MTV), was sacked from his position after the state-owned television was 27 minutes
“What we set as goal for Hungarian Television is to be first to inform Hungary’s population on the most important news of
... not met on the hour of Pope John Paul II.’s death, and [MTV’s] president made the necessary personnel decision,” said
... Television, commenting on firing Nika. “The state TV ha set up an action plan in order to ensure fast and reliable information to

MTI Világ

Álbombát csempészett a Sun riportere a windsori kastélyba

Azonnali vizsgálatot rendelt el csütörtök hajnalban a Scotland Yard főparancsnoka, miután a legnagyobb brit bulvárlap, a The Sun egyik
A The Sun csütörtöki száma elsőoldalas, az incidenst igazoló fotókkal gazdagon illusztrált cikkben tálalja a sztorit. A lap
... egyház első számú vallási vezetője áldja meg a windsori kastélyban – ott, ahová a The Sun riportere az álbombát becsempészte –, és
... főparancsnoka – e minőségében a legmagasabb rangú brit rendőrtiszt – a csütörtöki The Sun cikkéről értesülve azonnali vizsgálatot

hvg.hu Média

Sajtóper lett Beckhamék elrablásának sztorijából

Kedden kezdődik Nagy-Britanniában az a rágalmazási, amelyet a Beckham-gyermekek elrablásával megvádolt román állampolgár, Alin Turcu indított a News
A rágalmazási per alapja az az állítás, amelyet a News of the World fogalmazott meg. A 2002. novemberében közölt, a lap oknyomozó
... minősítette. (Gashi a hírek szerint korábban tízezer fontot kapott a News of the Worldöt kiadó News International kiadótól a

hvg.hu English version

Hungary Late In Setting Recyclable Packaging Rules

The Hungarian government has missed the deadline for issuing a decree on reusable packaging
An amendment last November on the law of environmental fees prescribed the government to issue a decree on reusable
... end of March. However, in the last week of March, the draft proposal was still being circulated among the
...% in the early 1990s. The new regulation is expected to affect only those stores that collect refillable bottles. Out of

hvg.hu English version

Village Plans Fairyland From EU Funds

The local municipality of Csurgó, Southwest Hungary, dreams of building a HUF 2 billion Folk Tale Park by 2008, to be financed 70% from
The Somogy County town has designated a 40 hectare area, partly owned by the municipality and party by private owners, for
... lobbying that the project be included in the second national development plan as a large investment project, and we
... Emőke Bihari Asbóth said. She added that Minister of Regional Development István Kolber, who descends from Somogy County, has promised

hvg.hu English version

State Pays Dearly For Millenáris Plots

Kisrókus 2000 Kft., a company owned by the IT and Telecommunication Ministry, spent HUF 100 million to buy stakes of other owners of
... hosting the Millennáris Park, a state-owned entertainment and cultural
Part of the sum spent by Kisrókus most likely ended up with companies owned by Zoltán Bessenyei, a former board member of
... and Holding Rt. (ÁPV) who was convicted for his involvement in a fraudulent consulting deal lawyer Márta Tocsik made with the ÁPV in
.... Bessenyei’s companies and Budapest-based Főmterv Rt. were part owners with Kisrókus of close to one-third of the three-hectare park

hvg.hu English version

Committee Halts Mega Train Purchase Deal

The State Procurement Arbitration Committee forbade Hungarian State Railways Rt. (MÁV) to sign a contract with a consortium of Swiss
The Committee canceled the deal five days after MÁV announced the consortium won the state
... motor trains and an option for another 30 vehicles. Bombardier Transportation GmbH, a German-Canadian runner up to the Swiss-Hungarian
... complaints that MÁV, which started its tender procedure last April, made changes to its evaluation criteria in the course of

hvg.hu English version

Advisor Appointed To State Electricity Works

András Fabriczki, a former treasurer of senior coalition party MSZP and government commissioner of the Healthcare Ministry, was
As of April 1, Fabriczki replaces Imre Karl, a former MSZP MP, who became strategic director of the national electricity wholesale
... appointed to the company’s board. Fabriczki was hired as an advisor to network director Gábor Tari and CEO István Kocsis, who was
... reported directly to the Economy and Transport Ministry, which oversees Hungary’s energy issues. In future, Mavir will operate as a

hvg.hu English version

Gov’t Saves On Home Loan Financing

In February, the Hungarian state stopped pre-financing subsidized home loans to banks, saving more than HUF 10
In a bid to reduce burdens of the central budget, the government changed the timing of paying state subsidies
... financed the state subsidies on home loans in Hungary. Previously, the state budget transferred the interest
... every month. In February, the government said from then on it will transfer the interest payment subsidy to banks only at

hvg.hu English version

SZDSZ Reelects Chairman

Representatives of junior coalition party SZDSZ – Hungarian Liberal Party voted to reelect Chairman Gábor Kuncze (55) at the party’s
Kuncze’s main rival Gábor Fodor (43), who promotes a change of generations among SZDSZ leaders, managed to collect close to 30% of
... representatives’ votes. The third candidate, MP Zoltán Kis received 47 votes, while Kuncze got 447. Fodor sharply criticized Kuncze’s
... hard enough for the positions of health, justice and finance ministers when SZDSZ formed a coalition government with Hungarian

hvg.hu English version

Brussels Gives Green Light To Bourse Deal

The European Committee (EC) last Tuesday approved Austrian financial institutions’ acquisition of a majority stake in Hungary’s Budapest
The deal came under a competition review by authorities in Brussels due to the market size of the Austrian
... Commodities Exchange (BÁT), but immediately sold 68.8% in order to avoid a compulsory takeover bid required by law. The EC’s decision
... a planned merger between BÉT and BÁT. “BÉT’s management will seek the owners approval for this move at the April 26

hvg.hu English version

No Progress On Secret Agent Law

Parliament last Tuesday finished its general debate on the draft law governing treatment of data on secret agents of the
.... However, governing parties MSZP and SZDSZ could not reach agreement over the draft
SZDSZ MPs Imre Mécs and Gábor Fodor both have submitted amendments and started negotiations with the Socialists in order to convince
...-vote scheduled in two weeks. Early last week it was revealed that several former secret agents of the Interior Ministry’s former
..., which was dismissed in February 1990, remained in service and made it to influential state positions. József Horváth, who acted under

English version

EU Loosens Scrutiny

The council of EU Finance Ministers made a decision late Sunday night, which could be extremely important for Hungary. The
... certain requirements of the stability and growth pact of EU member states. The council accepted a Hungarian proposal to
In recent months analysts have been involved in a Europe-wide debate whether strict rules guarding financial stability and the value of
... be loosened without creating any damaging economic processes. The modifications were urged by necessity, as some new and old member
... member states executing pension reforms from meeting budget deficit requirements for five years. Joaquín Almunia, the European Council

English version

Matáv Takes Loan From Parent Co.

Hungary’s dominant telecom player Matáv will take a HUF 28 billion loan from parent company Deutsche Telekom. The loan will help finance
... acquisition of a 51.12% stake in Telekom Montenegro, the leading telco player of Montenegro
The forint-denominated loan with floating interest rate will mature in 2009. The interest rate is 34 basis points above
... rate at which Hungarian banks exchange debt. Other conditions of the loan are similar to those of other loans Matáv took from Deutsche
.... Matáv announced in mid-March that it pays EUR 130.7 million for a 67% stake in Telekom Montenegro. The Hungarian telco made an

English version

FinMin Tipped Capping Ministry Expenditures

increase in the central budget deficit, according to a Central East European regional survey published by London-based investment bank
Citing information obtained from local reports, DrKW said the Finance Ministry is mulling a proposal that aims to limit development
... government ministries to 35% of their planned budget in the first half of 2005. The report adds that at a recent
... Draskovics hinted that certain expenditures could be capped. Draskovics, however, said the government cannot make an informed decision

hvg.hu English version

Budapest Spring Festival Expects Record Crowd

With a HUF 1 billion – larger than ever before – budget, the 25th Budapest Spring Festival aspires to attract a record crowd
... three large-scale art exhibitions with the Festival to make sure the attendance record is
Budapest Festival Center Kht., the public benefit company in charge of organizing programs of the Budapest Spring
... grand-scale performances for the 25th Festival. The organizing company counted the biggest coup by including
... led by Hungarian conductor György Solti, in the program. Another, partly local, grandiose performance is expected from the

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Nem érti, mi ez a zűrzavar a Budapest Pride engedélyezése körül? Elmagyarázzuk

Nem érti, mi ez a zűrzavar a Budapest Pride engedélyezése körül? Elmagyarázzuk

Pávák, múmiák, szerpentinek és a V8: 1100 kilométeren és 4 országon át AMG kupéztunk

Pávák, múmiák, szerpentinek és a V8: 1100 kilométeren és 4 országon át AMG kupéztunk

Ez történt: Betörtek az oroszok rendszerébe az ukránok, és vittek mindent, amit csak találtak

Ez történt: Betörtek az oroszok rendszerébe az ukránok, és vittek mindent, amit csak találtak

Erdő Péter: Nem lenne túl eredményes csak úgy csípőből meghívni a pápát Magyarországra

Erdő Péter: Nem lenne túl eredményes csak úgy csípőből meghívni a pápát Magyarországra

Valós időben mutat ki egy sor betegséget az új talpbetét

Valós időben mutat ki egy sor betegséget az új talpbetét

Telitalálat nem volt a hatos lottón, de 5-ösből bőven akadt

Telitalálat nem volt a hatos lottón, de 5-ösből bőven akadt

Papíron nyereséges lett Gattyán pártja, de több mint félmilliárdot bukott rajta

Papíron nyereséges lett Gattyán pártja, de több mint félmilliárdot bukott rajta

Élete legintenzívebb szexuális élményét élte át, miközben fizikailag megsemmisítette a családját

Élete legintenzívebb szexuális élményét élte át, miközben fizikailag megsemmisítette a családját

Félénk kisfiúból lett Afrika forradalmár ikonja, aki régiós hatalmat épít

Félénk kisfiúból lett Afrika forradalmár ikonja, aki régiós hatalmat épít

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