HATC SAMPLE EDITION:
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3rd February, 2012
Rogán: Budapest must cut spending
Budapest should tighten its belt if it is to bail out the public transport company BKV, Fifth District mayor Antal Rogán said in a statement issued on Thursday.
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3rd February, 2012
Over a million Hungarians in Romania
A total of 1,238,000 ethnic Hungarians live in Romania, making up 6.5% of the population, the Romanian Statistics Institute announced on Thursday.
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2nd February, 2012
Hundreds attend funeral of cruise ship disaster vi
Hundreds of people turned out for the funeral of violin player Sándor Fehér in the Kispest cemetery despite the freezing cold on Wednesday.
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1st February, 2012
Lázár accuses Erste of abuse of power
Hódmezővásárhely’s Fidesz mayor János Lázár lashed out at Erste yesterday after the bank rejected his request to renegotiate loans extended to the municipality.
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1st February, 2012
Protests at Új Színház today
The Federation of Hungarian Resistance Fighters and Anti-Fascists is organising a demonstration today on Paulay Ede utca outside the Új Színház theatre, where György Dörner is taking over as director.
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31st January, 2012
Cabinet shelters Malév from creditors
The cabinet stepped in to save Malév from creditors yesterday morning, shortly before CEO Lóránt Limburger announced that the state airline did not have the funds to continue operations beyond Tuesday.
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31st January, 2012
New homeless hostel opens early
A night hostel for accommodating 150 homeless people, not yet complete, will be opened ahead of schedule on Tuesday evening due to the extremely cold weather.
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30th January, 2012
Whisky Robber to be set free tomorrow
Attila Ambrus, the man who gained fame as the “Whisky Robber” in the 1990s, will be released from prison on Tuesday.
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30th January, 2012
Vueling denies interest in Malév
Spanish low cost airline Vueling firmly denies having any interest in purchasing Malév, Magyar Hírlap reports, citing Spanish news agency EFE.
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27th January, 2012
Concorde analysts got it right most
Analysts at Concorde brokerage gave the most reliable equity targets for Hungarian and regional stocks to institutional investors in 2011, according to a survey by Bloomberg.
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27th January, 2012
Photo contest winners announced
András D. Hajdú, a staff photographer with news website Origo, has won the grand prize of the 30th Hungarian Photography Contest with a series of pictures on the deaths of three women at a stampede at the West Balkan disco last year.
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26th January, 2012
Új Színház staff set to leave
Several performers and backstage staff will leave the Új Színház when new director György Dörner takes over on February 1, the theatre’s outgoing director István Márta told reporters on Wednesday.
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26th January, 2012
Culprit caught taking Ft 2mn on camera
Prosecutors yesterday indicted former 11th District asset management committee chairman János Wieszt, who was caught on camera taking a Ft 2.2 million bribe in a Budapest Chamber of Commerce building.
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25th January, 2012
Missing cruise ship woman report was a scam
Tenth District police have begun criminal proceedings against three persons who falsely reported that a woman was missing from the Costa Concordia disaster in the hope of obtaining compensation.
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25th January, 2012
Spring Festival gearing up
A total of 48 performances will be held at 15 locations at the Budapest Spring Festival during March 16-26, executive director of organiser Budapest Festival Centre Zsófia Vitézy told reporters on Tuesday.
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24th January, 2012
Gyurcsány living with Miskolc family
Former prime minister Ferenc Gyurcsány and fellow leaders of the Democratic Coalition have moved to a housing estate in Miskolc for three days.
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24th January, 2012
10% of appliances are illegal imports
About 10% of the Hungarian home appliance market consists of illegal imports worth an estimated Ft 25 billion annually, Napi Gazdaság reports.
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24th January, 2012
MKIK makes chamber membership compulsory
The Hungarian Chamber of Commerce and Industry (MKIK) held an extraordinary meeting to approve the compulsory membership required by recent legislation.
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23rd January, 2012
Ethiopia attack survivors return
The three Hungarian survivors of the attack on a group of tourists in Ethiopia last Tuesday arrived back in Budapest on Friday, prime ministerial spokesman Péter Szijjártó told reporters Friday afternoon.
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23rd January, 2012
Few willing to assess plagiarism case
Semmelweis University appears to be having considerable trouble establishing a commission of competent, prestigious and independent members to investigate claims that President Pál Schmitt plagiarised large parts of his 1992 doctoral thesis.
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20th January, 2012
MÁV home ticket printing gains ground
Passengers have printed more than 10,000 train tickets at home since the launch of the online ticket service in November, MÁV-Start announced.
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20th January, 2012
Nordsee venture flounders
Mafish, owner of the Hungarian franchise rights of German premium seafood chain Nordsee, sought bankruptcy protection on December 30, having amassed Ft 300 million in debt, news website Index reports, citing data from company information provider Opten.
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19th January, 2012
Two Hungarians killed in Ethiopia
Armed gunmen killed two Hungarians, two Germans and one Austrian in a northern region of Ethiopia on early Tuesday morning, authorities announced yesterday.
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19th January, 2012
Hungarian’s body found in cruise ship
Hungarian musician Sándor Fehér has become the first fatality of the Italian cruise ship to be positively identified.
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18th January, 2012
Government rehires disgraced MP
Fidesz former Szolnok mayor Attila Várhegyi, who was convicted in 2010 of misuse of funds, has been hired to help the communications of the Media Service and Asset Management Fund for the next six months.
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18th January, 2012
Commission to study Schmitt thesis
The head of Budapest’s Semmelweis University has ordered an inquiry into the circumstances under which President Pál Schmitt’s doctoral thesis was awarded, it was announced yesterday.
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17th January, 2012
Merkel: Hungary must adjust to EU principles
Hungary must adjust to basic EU principles, German Chancellor Angela Merkel declared in a Sunday radio interview in her first public comments in connection with the controversy over Hungarian laws.
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17th January, 2012
Ambulance staff posted patients’ pictures online
The National Ambulance Service has launched an inquiry after learning that some staff members took photographs of helpless patients and uploaded the pictures onto the internet.
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16th January, 2012
Fitch downgrades Hungarian banks
Fitch Ratings downgraded its rating of four Hungarian banks, as a consequence of its decision to reduce Hungarian state debt to junk status on January 6.
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16th January, 2012
Two Hungarians missing in cruise ship disaster
Two Hungarians are among the 40 people unaccounted for following the sinking of the Mediterranean cruise ship Costa Concordia off Italy on Friday night.
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13th January, 2012
No money, no prizes at film festival
The 43rd Hungarian Film Festival will be hosted at the Uránia and Toldi cinemas in Budapest on February 2-5, the Federation of Hungarian Motion Picture Artists confirmed Thursday.
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13th January, 2012
84% see worsening situation
A whopping 84% of Hungarians believe the country is going in the wrong direction, according to a new poll by Ipsos.
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11th January, 2012
Bajnai not ruling out a return
Former prime minister Gordon Bajnai has not decided whether to run for prime minister in the future, he told ATV in an interview.
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11th January, 2012
Járai quits Budget Council
Zsigmond Járai resigned from his post as head of the Budget Council on Tuesday, citing conflicts with his other public and private functions.
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11th January, 2012
Lidl to sell mobile subscriptions
Discount hypermarket chain Lidl will start selling mobile-phone subscriptions in the first quarter, news website hwsw.hu reports.
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10th January, 2012
EU orders Malév to repay state aid
The European Commission yesterday ordered Malév to repay almost Ft 100 billion to the state, after ruling that government financial assistance for the airline during 2007-10 constituted illegal state aid.
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9th January, 2012
Slovak shoppers boost retail sector
Slovaks can save 20% in euro terms if they buy food in Hungary, due to the weakening of the forint, according to analysts.
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9th January, 2012
Orbán rejects rumours of bank deposit grab
Bank deposits are protected and safe, Prime Minister Viktor Orbán declared on Friday in reaction to reports that the government planned to seize individuals’ savings.
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6th January, 2012
Cabinet to favour medical students
The government will give preference to medical students in allocating funds to cover tuition fees, according to data released by Education state secretary Rózsa Hoffmann yesterday.
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6th January, 2012
Anti-Semitism on the rise, poll shows
Anti-Semitism is on the rise in Hungary, as anti-Semitic language has become legitimate in public parlance because of the “Jobbik effect,” a survey by Central European University sociologist András Kovács shows.
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5th January, 2012
Ombudsman slams school gyms
Conditions of physical education and student sport in schools are not adequate and this impedes the right to high level physical and mental health, ombudsman Máté Szabó said on Wednesday.
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5th January, 2012
Machete killer gets life sentence
The Budapest Court of Appeals handed down a life sentence to László Fekete, who killed his former girlfriend and her new boyfriend with a machete in downtown Salgótarján two years ago.
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4th January, 2012
State TV report downplays protest
M1’s Monday evening newscast broadcast footage showing only a few dozen anti-government protesters outside the Opera House, rather than the estimated tens of thousands who were present.
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4th January, 2012
Csányi elected to FIFA committees
Hungarian Football Association president Sándor Csányi has been elected to two committees of international football’s governing body FIFA.
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3rd January, 2012
Mortgage scheme boosts home sales
Home sales reached 8,700 in December, 35% above the monthly average for January-October, according to estimates by estate agency Duna House.
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3rd January, 2012
State likely to enter mobile market
Media and communications authority NMHH has excluded RCS & RDS, the company behind the brand name Digi, and Vietnamese telecom company Viettel from the 900MHz frequency tender.
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2nd January, 2012
Palmer working on Radio Free Europe
Former US ambassador Mark Palmer and others are working on restoring a Radio Free Europe for Hungary, he told Népszabadság in an interview.
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2nd January, 2012
LMP activists charged by police
The 14th District police have launched misdemeanour proceedings against LMP activists who were caught placing a sign reading Új ellenállás (“new resistance”) on statues on Heroes Square on Sunday.
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30th December, 2011
Gypsy band leaves restaurant after 45 years
The world-renowned Gypsy band led by Sándor Déki Lakatos Jr. is leaving Budapest’s downtown Mátyás-pince restaurant after 45 years, following a contract dispute.
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29th December, 2011
Coalition to protest outside Opera
The Democratic Coalition led by former prime minister Ferenc Gyurcsány will demonstrate outside the Opera House on the evening of January 2 as a gala event is held to mark the entry into force of the new Basic Law.
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29th December, 2011
Auchan to buy Cora Magyarország
Hypermarket chain Auchan Magyarország will buy competitor Cora’s Hungarian operations, the two companies announced yesterday.
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29th December, 2011
Tarlós opposes city’s Gay Olympics
Mayor István Tarlós cannot support the Gay Olympics scheduled to take place in Budapest next June, as the idea is alien to his thinking, according to a statement posted Wednesday on the official Budapest website.
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28th December, 2011
Judge arrested on corruption charges
Szeged judge Norbert Németh was taken into 30-day custody in Kecskemét on Monday, on suspicion of several counts of bribery, abuse of office and forgery.
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28th December, 2011
Hungarian paddling across the Atlantic
Hungarian Gábor Rakonczay is attempting to be the first person to cross the Atlantic Ocean by canoe in a voyage that began earlier this month, Magyar Hírlap reports.
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28th December, 2011
More families line up for free meals
Poor families lined up along hundreds of metres of Rákóczi út on Sunday to wait for free hot meals distributed by the Hare Krishna society on Blaha Lujza tér.
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23rd December, 2011
Hackers warn of cyber attack on gov’t
Finnish hackers with the Anonymous “hacktivist” group have threatened cyber attacks on Hungarian websites, Index reports.
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23rd December, 2011
Thousands protest for press freedom
Several thousand people gathered outside Magyar Rádió headquarters on Thursday afternoon to demonstrate for freedom of the press following the Media Council’s Tuesday decision to deprive opposition station Klubrádió of its frequency.
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22nd December, 2011
Subsidies to two theatres cut off
The National Resources Ministry is cutting off subsidies to Budapest’s Kamaraszínház and Játékszín theatres next year to save Ft 477 million, it was revealed on Wednesday.
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22nd December, 2011
Strasbourg court orders compensation
The European Court of Human Rights has ordered the Hungarian state to pay €5,000 in compensation to an 83-year-old woman who was taken to prison from a hospital where she was receiving medical treatment.
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21st December, 2011
Wallis offers building back to the state
WVR Primus on Tuesday announced that it is prepared to sell the former Magyar Posta headquarters in Buda back to the state at the original purchase price “if the state has incurred any losses by selling the property”.
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21st December, 2011
M1 to broadcast Formula One races
State-owned M1 channel and Kossuth Rádió will broadcast Formula One auto races live for four years from 2012 after RTL Klub pulled out due to the economic crisis.
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21st December, 2011
Budget holds back BKV funding
The government has set aside only Ft 3 billion for public transport in Budapest, rather than the expected Ft 35 billion, in a late change to the 2012 budget passed early on Tuesday.
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20th December, 2011
Court strikes down parts of media law
The Constitutional Court on Monday struck down parts of the controversial media law passed one year ago after finding that they infringe on press freedom.
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20th December, 2011
Private pension pillar to be abolished
Parliament on Monday approved an amendment that would do away entirely with the compulsory private pension option.
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19th December, 2011
County court voids contract on Sukoró project land
Fejér county court on Friday voided the contract on a swap of land connected with the planned King’s City casino project.
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19th December, 2011
Tesco thinking small
The new ban on construction of large retail facilities makes expansion difficult, but Tesco is focusing on smaller units, its so-called Tesco Express outlets, CEO of the retail chain Gerry Gray told Napi Gazdaság in an interview.
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16th December, 2011
Partner confesses to grisly murder
Police have caught and received a confession from Edit T., who strangled her common law partner, cut off his arms, hands and the lower half of his legs, Budapest Police department head Zoltán Szokolai announced Thursday.
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16th December, 2011
Spring Festival shortened due to cuts
The Budapest Spring Festival will be shorter next year, from March 16-26, due to drastic cuts in its state subsidies.
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15th December, 2011
Gyula expands water resort
The Ft 2 billion expansion of the lido and spa complex in Gyula, Békés county will commence next spring and is expected to be completed by May 2013, financed partially from EU funds, state news agency MTI reported.
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14th December, 2011
Labour code allows instant dismissals
Employers will be able to sack employees with immediate effect under the code MPs passed in a Socialist-initiated roll call ballot yesterday. Opposition MPs dis-sented against the new code, which will come into force on July 1, 2012, replac-ing one passed in 1992.
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14th December, 2011
House elects two new judicial leaders
Parliament elected Tünde Handó as president of the newly created National Courts Office (OBH) and Péter Darák as president of the Kúria, which will replace the Supreme Court, in a secret ballot on Tuesday.
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13th December, 2011
Gov’t plans Ft 93,000 minimum wage
The government presented its plan to increase the monthly minimum wage to Ft 93,000 and Ft 108,000 for skilled workers next year, at the national economy and social council NGTT meeting yesterday, state secretary Sándor Czomba said afterwards. The monthly minimum wage is currently Ft 78,000, and Ft 94,000 respectively.
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13th December, 2011
Bonbonetti cancels expansion
Chocolate maker Bonbonetti has returned its Ft 150 million state subsidy and cancelled the planned Ft 450 million expansion project at its factory in Nagykanizsa, Zala county in response to the Ft 800 million “fat tax” to be launched next year.
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12th December, 2011
Minimum wage hike to bring dismissals
The 18% minimum wage rise in January will see 4% of companies plan dismissals of minimum wage workers, research institute GKI found in its survey conducted in October.
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12th December, 2011
Erste to close 43 branches
Erste Bank announced its plans to close 43 of its 184 branches in Hungary on Friday evening, meaning that it will dismiss 400-450 employees, or 15% of the payroll.
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9th December, 2011
Gap between rich and poor widens
Income disparities widened as a result of the tax changes introduced last year, according to a report by the Central Statistics Office (KSH).
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9th December, 2011
Hungarian retailer set to tap market
Arzenál plans to split off from retail chain Reál and establish its own network in January, gazdasag.hu reported.
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8th December, 2011
Ft 1bn heist men captured
Police have apprehended Róbert Lőrincz, who drove off in a security van with over Ft 1 billion in Budapest last Wednesday, in Hungary’s biggest robbery to date.
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8th December, 2011
City Hall chiefs to get Ft 54mn in bonuses
Despite Budapest public transport company BKV teetering on the brink of bankruptcy and staff allowances being curbed, leading City Hall officials have been allocated year-end bonuses of a combined Ft 54 million, tabloid Blikk reported Wednesday.
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7th December, 2011
Szőcs unveils Museum Park concept
Cultural state secretary Géza Szőcs and Museum of Fine Arts director László Baán presented the plan for Museum Park at Városliget (City Park) yesterday.
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7th December, 2011
Forex scheme costs banks Ft 90.6bn
By the end of November 54,560 mortgages to the value of Ft 248.4 billion had been fully repaid within the framework of the foreign-currency mortgage early repayment scheme, the financial supervisory Pszáf announced on its website.
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6th December, 2011
Fidesz officials return travel claim cash
Fidesz’s 12 county council presidents will repay the money they claimed for a trip to the Azores to attend a child protection conference, Somogy county council Fidesz president Attila Gelencsér told reporters Monday.
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6th December, 2011
Turkey suspends cattle imports
Turkey has suspended the import of Hungarian cattle, director of the animal farmers association MÁSZ Zsombor Wagenhoffer said. The growth of the livestock in Hungary was mainly due to exports to Turkey Wagenhoffer added.
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5th December, 2011
MVM okays pipeline to Slovakia
State electricity company MVM approved the construction of a 115km gas pipeline to Slovakia, which will connect the two countries’ networks, at its EGM on Friday. The Hungarian section will be 94km long.
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5th December, 2011
Magyar Posta set to lose trade
State postal service Magyar Posta’s preparations for the full deregulation of its market from January 1, 2013 suffered delays from 2008-10 due to the lack of development goals and strategies, a study of the state audit office ÁSZ found.
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2nd December, 2011
Homelessness now a crime
Demonstrators gathered at ten locations in Budapest and Hungary as well as in six cities abroad yesterday as a law making homelessness a crime in Hungary entered into force.
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2nd December, 2011
Anti-Fidesz protests in Esztergom
Forty people staged demonstrations outside the homes of two Fidesz local councillors in Esztergom Thursday evening, demanding their resignation.
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1st December, 2011
Hospitals ready to aid Slovakia
Health state secretary Miklós Szócska yesterday asked the National Ambulance Service to beef up emergency services along the border with Slovakia following his telephone conversation with Slovak Health Minister Ivan Uhliarik.
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1st December, 2011
Malév offers check-in by mobile
Malév will make it possible for passengers to check in for flights using their mobile phones from today.
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30th November, 2011
Slovakia asks for help in doctors’ strike
Hungarian and Czech authorities confirmed on Tuesday that they will assist Slovak health authorities during a threatened strike by doctors in that country.
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30th November, 2011
DunaTV expands its horizons
State satellite TV channel Duna 2 will receive a new name and target audience from January 1, it was announced at a conference in Balatonalmádi on Tuesday.
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29th November, 2011
Cabinet may transform cigarette sales
The cabinet may take control of the retail of cigarettes and similar products, restricting their sale to small family-run tobacconist stores in order to reduce smoking and create jobs, Fidesz caucus leader János Lázár told reporters on Monday.
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29th November, 2011
Hungary turns back Iranian plane
Hungary’s ambassador to Tehran György Busztin was summoned to the Iranian foreign ministry yesterday to explain why Hungary refused to allow an Iranian plane to cross Hungary’s airspace.
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28th November, 2011
Car chase wreaks havoc in Buda
Several vehicles were damaged during a police car chase in Buda late Saturday morning.
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28th November, 2011
Wanted gunmen caught in Miskolc
Anti-Terrorist Centre units exchanged gunfire with the two men wanted in connection with a shooting incident in Budapest before capturing them both on Friday in Miskolc.
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25th November, 2011
Esztergom turns dark
Electricity provider Tivi switched the lights off on all main roads in Esztergom on Thursday, due to unpaid bills.
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24th November, 2011
Orangeways uncovers internal fraud
Fraud by Orangeways employees has cost the inter-city coach company Ft 65-70 million this year, CEO Miklós Kovács told Napi Gazdaság.
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24th November, 2011
Sármellék airport doomed
Liquidation procedures have been launched against FB Airport, operator of FlyBalaton airport in Sármellék, Népszabadság reports.
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23rd November, 2011
Over 4,000 join Democratic Coalition
Slightly over 4,000 people have signed statements of intent or filled in membership forms for the recently formed Democratic Coalition party, Népszabadság reports.
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23rd November, 2011
Farkas tells Roma not to go to Canada
National Roma Authority president Flórián Farkas yesterday warned Roma people against seeking refugee status in Canada.
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22nd November, 2011
Oman buys Gresham Palace Hotel
The State General Reserve Fund of the Sultanate of Oman has bought Budapest’s Gresham Hotel from Gresco, a company owned by Canadian, Cypriot and Irish investors, Napi Gazdaság reports.
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22nd November, 2011
School meals stopped in Esztergom
HunGast Esztergom will suspend provision of meals in schools and in a social care centre on Wednesday because the town owes it money, chief executive Csaba Herczeg announced on Monday.
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21st November, 2011
Orbán sees IMF as insurance
Prime Minister Viktor Orbán explained his surprising decision to negotiate with the IMF by saying the cabinet seeks a kind of insurance policy, during his regular Friday interview on Kossuth Rádió.
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21st November, 2011
No quorum for Malév EGM
The Friday EGM of state airline Malév lacked quorum as representatives of state asset manager MNV did not turn up.
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21st November, 2011
Ethnic Hungarian deprived of Slovak citizenship
The Slovak Interior Ministry has stripped ethnic Hungarian Olivér Boldoghy of his citizenship after he took Hungarian citizenship.
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18th November, 2011
Cold claims 25 victims
Some 25 people have died of exposure in Hungary in the last five weeks, the National Police said in a statement on Thursday.
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18th November, 2011
Fidesz has lost 1.8mn voters since victory
Fidesz’s lead over the Socialists has slipped, according to the latest Ipsos poll.
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17th November, 2011
Jobbik now second most popular party
The Fidesz-Christian Democrat alliance has 58% support among decided party voters while Jobbik has become Hungary’s second most popular party, with 19%, a Nézőpont Institute survey reveals.
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17th November, 2011
Smog alert imposed on Budapest
A smog alert was imposed in Budapest on Wednesday, meaning cars in the black or red environment protection categories may not enter the capital from 6 a.m. Thursday.
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16th November, 2011
VÉSZ blockades Lidl storages
Small business protection alliance VÉSZ has blockaded the storage facilities of discount retail chain Lidl in Szigetszentmiklós and Székesfehérvár, demanding payment for the construction of the Lidl stores in Budapest.
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16th November, 2011
MTVA fires 367 state media staff
The media service and asset manager MTVA reported the dismissals of 367 state media employees to state employment offices on Monday. More than 200 people have been sacked from the two state TV stations MTV and Duna TV, as well as 100 from Magyar Rádió and 30 from state news agency MTI.
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16th November, 2011
Gov’t orders cull at museums, libraries
The National Resources Ministry has ordered immediate dismissals at cultural institutions and public libraries. Some 100 people may be fired from the National Széchenyi Library, nearly 70 from the National Museum and 45 from the National Gallery.
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15th November, 2011
EVA taxation rate hiked to 40%
The upper ceiling of the simplified entrepreneurs’ tax EVA will be raised to an annual revenue of Ft 30 million, and the rate will increase from 30% to 40%, the Fidesz-Christian Democrat caucus has decided. MPs voted to keep the EVA scheme next year, on Monday night.
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15th November, 2011
Magyar Telekom leaves US exchanges
Magyar Telekom has filed the F15 form with the US financial supervisory SEC, asking it to terminate the registration of its shares and depository certificates in the US, in a bid to cut administration costs.
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14th November, 2011
NGOs, state to set up mortgage bank
“The state and NGOs will probably jointly establish a bank to address the challenge presented by the early mortgage repayment scheme,” loanee association Hiteltársulás head György Doubravszky announced.
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11th November, 2011
Gov’t bans new shopping malls
The government will prohibit the construction of retail units of more than 300m˛ until the end of 2014, from January 1, government spokesman András Giró-Szász announced yesterday. The aim of the policy is to support the development of the small-scale retail sector.
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11th November, 2011
BSE appoints first Austrian chairman
The Budapest Stock Exchange (BSE) board appointed Vienna bourse CEO Michael Buhl as its chairman at an EGM yesterday.
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10th November, 2011
Cancer patients were sent home
Chemotherapy treatment of cancer patients will recommence at Zala county hospital next Monday, Népszabadság reports. This Monday the hospital sent home 25 cancer patients, due to a dearth of medication.
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10th November, 2011
Egyptian bus driver was unqualified
The Egyptian coach driver who drove the ill-fated Hungarian tourists to Hurghada airport was not licensed to drive tourist buses, the Egyptian press reported on Wednesday.
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9th November, 2011
NFA lends land for public works tasks
The state land fund NFA has agreed to provide land for public works programmes to 79 local governments, NFA chairman Róbert Sebestyén announced.
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9th November, 2011
Sale of Emfesz was illegal, court rules
The 2009 sale of gas trader Emfesz was illegal, the Budapest Appeals Court has ruled.
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8th November, 2011
Gov’t imposes cap on interest rates
The Parliament approved the setting of a ceiling on interest rates from January 1, 2012, with 266 votes in favour and 1 dissention, on Monday evening.
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8th November, 2011
Language schools protest tax change
Companies will lose their right to use part of the innovation tax to cover employee training costs, which in practice largely means language courses, according to the bill Economy Minister György Matolcsy filed last week.
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7th November, 2011
Misdemeanour regulations tightened
Late payers of misdemeanour fines may be held in custody, according to a bill that the cabinet has passed, Interior Ministry state secretary Károly Kontrát announced Friday.
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7th November, 2011
NNI probes kuruc.info hate campaign
The National Bureau of Investigation (NNI) has launched an investigation on suspicion of abuse of personal data after the website kuruc.info encouraged a manhunt for police officers who allegedly shot out protestors’ eyes in the anti-government protests of 2006.
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