Hungary plans to build HUF 150 bln strategic gas storage facilities by 2010
The Hungarian government announced Tuesday that it plans to build HUF 150 bln (USD 700 mln) strategic gas storage facilities in the country that would serve to supply natural gas in times of shortages.
Hungary plans to continue dynamic road construction in '06 with 260 km of new roads
The Hungarian government said on Wednesday that it plans to open 260 km of new express roads, including motorways, in 2006, more than ever before and nearly three times as many as were inaugurated in 2005.
Hungary's unemployment down slightly at 7.2% in Sept-Nov 2005
Hungarian unemployment decreased to 7.2% in the September-November period, down from 7.3% in the August-October period, according to data released by the Hungarian Statistical Office (KSH) Thursday.
Hungarian managers' moods index PMI hits record high in December
Hungary's Purchasing Manager's Index (PMI), seen as an indicator of economic growth in Hungary, reached an all-time record at a seasonally adjusted 58.0 points in December 2005, according to data published by the Hungarian Association of Logistics, Purchasing and Inventory Management (MLBKT).
Hungary's 2005 public sector deficit lower than expected at 4.4% of GDP on large Dec surplus
Hungary's cash-flow based consolidated state budget deficit was HUF 984.4 in 2005, some HUF 40 bln lower than the expected HUF 1,023 bln, Finance Minister Janos Veres announced on Thursday.
