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hvg.hu English version

Hospitals Choose Corporate Status

The Budapest Mayor’s Office approved requests from two hospitals to transform into public benefit companies (Kht.), a status giving them
Following the example of Budapest-based Schöpf-Merei Hospital, which turned into a Kht. in December 2004, now Budai
... Szolnoki told HVG, adding that the Kht. form is suitable for involving private investors. As a result of the
... Budai Pediatric Hospital, which operates 105 beds. The Budapest Municipality preserves its 100% ownership of

hvg.hu English version

Hungexpo Privatization Nears End

Three bids have been submitted for the privatization of a majority stake in Hungexpo Rt., a state-owned trade fair and
Out of six contenders, three consortia gave bids for Hungexpo by the Jan. 11 deadline, suggesting that the
... be a member of the third bidding consortium. This third contender is lead by Germany’s ECE Projektmanagement
... Budapest and Pécs. The group includes V.H.V. Kft., owned by György Vas, the owner of Mágnáskert Étterem

hvg.hu English version

Gov’t Hikes Electricity Prices

Electricity prices will increase between 4.3% and 12% as of Feb. 15, according to a government decision that aims to support
Under heavy pressure from the Parliamentary group of the Hungarian Socialist Party (MSZP), the
... price of electricity above the 1,320-kilowatt threshold will increase 6.8% – which equals the rate
..., mostly commercial users and institutions, will face a 12% increase of electricity prices – or close to three times the

hvg.hu English version

State Pays For Bad Housing Loans

The Hungarian state will bail out debtors who have not paid their installments for at least six months on their housing loans taken
June 30 to report their compensation request to the local chief of staff of their municipality. In
... OTP for 15,000 loans with a total of HUF 1 billion in outstanding capital and about HUF 1 billion in unpaid interests and other fees
... Thus the government applies a state guarantee granted in 1992, and will pay OTP Bank Rt. for the bad loans. In a

hvg.hu English version

Opposition Party In Large Makeover

Largest opposition party Fidesz has been losing ground since the unsuccessful referendum in December 2004. However, the
... as the governing parties suggest. While Fidesz leader Viktor Orbán is seen weakening, allegedly he is working hard in the
By the turn of 2004 and 2005 governing party MSZP has come close to Fidesz in popularity figures, however
... surfaced when rightwing papers discussed at length that Fidesz’ headquarters took over control of communication issues from
... as an international spokesman representing the party’s views abroad. In the meantime, Fidesz is expected to separate

hvg.hu English version

Chinese Imports Destroy Local Clothing Industry

Producers of branded goods for exports are the only local clothing manufacturers that can expect to survive
The EU is planning to introduce a preliminary monitoring system on Chinese shoe imports, similarly to clothing imports, after
... in the future to demand protective measures,” said Gábor Várkonyi, a department head at the Economy and Transport Ministry
... new EU member states, Hungary receives the highest amount of Chinese goods. Imports from China grew 235% in

hvg.hu English version

Hungary Mulls Road Tolls For Foreigners

Well ahead of the tourist season, the Finance Ministry plans to introduce road tolls for cars with foreign
The costs of maintaining roads are paid by Hungarian taxpayers, while the number of foreign
... [owners of] these vehicles start contributing to the expenses,” Finance Ministry Spokesman Ferenc Pichler said.
... tens of billions of forints in state revenues from the road tolls. Most likely, drivers will have to pay

hvg.hu English version

Minister Keeps Party Job

On February 14, the beginning of the sessions at Parliament, István Hiller will resign from his post as
helping the MSZP win elections in 2006. He added that the current government has highest chances to be re-elected
... as of February. Hiller’s replacement in the Culture Minister’s seat has not been nominated yet.
... Hiller announced his move at the MSZP’s kick-off assembly for 2005, saying that he will be a full-time president focusing all his

hvg.hu English version

Interview With Finance Minister Tibor Draskovics

Tibor Draskovics (49) is not satisfied with the performance of his ministry. However, he believes spending can be curbed
collect all revenues. As part of the latter effort, we applied special scrutiny before paying VAT reclaims. “What should
... “A lot of people wished we cannot meet our deficit targets. For our part, we worked hard to cut spending, to rationalize state
... sees that revenues are a way under the level expected earlier, and there’s no explanation for that? Until the EU accession

hvg.hu non-base

EU Tells Hungary To Curb Deficit

The Hungarian government should return to the deficit-cutting program it submitted to the EU last May, said
The Finance Ministers’ warning reaffirmed the European Committee’s (EC) country report of Dec. 22, 2004
... budget deficit in 2004 will be 0.9 percentage points higher than the government’s target at 4.6% of GDP. The
... measures to bring budget deficit under 3% of GDP by 2008, a condition of entering the euro zone in 2010. On

hvg.hu English version

Minister Expects Record FDI

Economy and Transport Minister János Kóka estimates the amount of foreign direct investment (FDI) in Hungary to reach EUR
... forecast will be matched by statistic figures, 2004 will be the second most successful year – after 1995 – in Hungary’s history
“We’ve got started,” said Kóka, commenting official FDI figures for the first three quarters of 2004. In Q1–Q3 2004
..., EUR 500 million more than a year earlier. For 2005, Kóka forecasted 20% increase in the amount of foreign capital
... companies that already pledged to invest a total of EUR 1.5 billion in Hungary. The government will grant support to

MTI Világ

A Pentagon új hírszerző részleget hozott létre

Új hírszerzési részleget hozott létre az amerikai védelmi minisztérium, hogy csökkentse a Központi Hírszerző Ügynökségtől (CIA) való függőségét
honlapján közzétett állásfoglalásában. A The Washington Post úgy tudja, a hírszerző részleget források átcsopor-tosításával, a

MTI Kult

Ray Charles és Bob Marley a Grammy-halhatatlanok között

Újabb húsz lemez került a Grammy Hall of Fame immár harminckét esztendeje gazdagodó
A Grammy-hírességek közé választották Ray Charles "America The Beautiful", Bing Crosby "Brother, Can you Spare a Dime?" Billie Holiday
... eltelt, s valamikor megkapták a legrangosabb zenei kitüntetést. A Grammy Hall of Fame (Halhatatlanok Csarnoka) a hangrögzítő
... halhatatlan mostantól többek között Louis Armstrong "All of Me", Bob Marley " No Woman, No Cry" Frank Sinatra "One For My Baby" Henry

hvg.hu English version

Minority Hungarians Form New Body

Under the name of “Forum for Minority Organizations of Hungarians Abroad”, a new body was formed by Hungarian
The meeting was organized by József Kasza, minority leader of Hungarians in Serbia, and Béla Bugár, leader of
... focused on the issue of dual citizenship that recently failed in a referendum in Hungary. Participants of
... representatives of the Hungarian Democratic Alliance of Romania, requested the Hungarian

hvg.hu non-base

PM Increases Consulting Staff

Prime Minister Ferenc Gyurcsány has further increased the number of consultants serving
Following the establishment of six consulting bodies with a total of 54 members last November, Gyurcsány
... his advisor on municipal issues. Érsek was one of the speakers calling supporting Gyurcsány’s nomination for PM at
... municipalities. Gyurcsány appointed Ferenc Wekler, a prominent SZDSZ member and a recently resigned deputy chairman of

hvg.hu English version

EU To Form Uniform Rule On Car Registration Tax

In a draft proposal to go in front of the European Parliament, the European Committee (EC) plans to uniform
Ten out of the 15 incumbent states, and four of the ten newly joined countries levy a
... their prices from country to country depending on the registration tax, or the lack of it. In
... tax even if such a tax has been paid in the country of origin already. The new EU regulation will most

hvg.hu non-base

Towns Vie For Cultural Capital Title

Eleven Hungarian cities have submitted applications for the title of Europe’s Cultural Capital in 2010. The
December 31st was the deadline for submitting the tenders for the title of Europe’s Cultural
... billion on developments if they win the title, and they all plan to complete projects planned earlier.   For example, the
... construct a new scientific center underground. Pécs and Szeged have applied jointly, and their chances have grown because the city

hvg.hu English version

Housing Construction Peters Out

Sale of new homes fell 50% in 2004, leaving thousands of recently built homes standing empty and waiting for an
Approximately 30%–50% of newly built flats could not be sold last year, and debts on the housing market have been surging
... figures from real estate investors. While the number of sold homes grew in 2004, the number of
... have become less attractive; the number of loan contracts in the first 11 months of 2004 equaled

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Életveszélyes sérüléseket okozott egy kutya egy négyéves kislánynak

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„Betonszövetből kiszakított zöld oázis” – titkos belvárosi kertekre fókuszál idén a Budapest100

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Közvetlenül és előfeltételek nélkül tárgyalna Ukrajnával Putyin

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