Hungarian economic growth on track in 2006 on H2 budget reforms - GKI report
Hungary's economy will continue on the euro-accession path started in spring 2005 on decreasing inflation and expected budget reforms resulting in the regained trust of foreign investors, according to a recent report issued by economic research institute GKI.
Hungarian households net savers in March despite continuing borrowing boom
Borrowing by Hungarian households continued at a dynamic pace in March, although a corresponding large increase in household deposits meant that households were in a net savings position in March as well as for the year to date, according to statistics published by Hungary's central bank MNB.
Further four EU-15 states open up labor markets for new member states
A further four of the 15 EU states that were joined by ten new members two years ago Monday have opened up their labor markets for citizens from the newly-accessed European Union members, the Hungarian government spokesperson wrote in a statement published Tuesday.
Hungarian airline Malev narrows pre-tax losses to HUF 1.3 bln in 2005, plans profits for 2006
Malev Hungarian Airlines managed to narrow pre-tax losses to HUF 1.3 bln in 2005, down from HUF 4.9 bln in 2004, although missed plans to break even, the company announced in a statement on Tuesday.
Illegal copying in Hungary leads to annual fallout of several HUF 100 bln
Hungarian and international copyright advocacy groups ASVA, BSA and ProArt have joined forces to call the attention to copyright law enforcement and against illegal copies, which cause several HUF 100 bln fallout for copyright industries in Hungary each year, a study published by the advocacy groups shows.
