Budapest most livable city in CEE, says EIU
Budapest is the most livable city in the central and eastern European region, edging out regional rivals Prague, Bratislava and Warsaw, according to a survey by the Economic Intelligence Unit (EIU).
Banking sector sees 27% profit growth in H1 despite stagnant interest margins
Hungary's banking sector recorded profit growth of 27% in the first half of 2005, and saw profits climb 16% in the second quarter alone over the same period last year, financial authority PSZAF said in its quarterly report.
Spain's Fadesa to invest EUR 43 mln in Budapest residential complex
Spain's largest property development and investment company Fadesa Group has started construction works on the "Central Passage" apartment complex in downtown Budapest with an investment of EUR 43 mln, becoming the first Spanish property investor to enter Hungary, in line with its plans to expand in the CEE region.
Internet usage doubles in past two years, but still lags behind EU
The number of Internet users in Hungary, defined as those who have used the Internet in the past month, has grown dynamically since 2003, and reached 27% of the population in the first half of 2005, according to the latest study by Hungarian research firms NRC and TNS.
Court halts privatization of Budapest airport operator BA
A Budapest court has upheld an earlier decision by a lower level court to halt the privatization of Budapest Airport Rt (BA), the operator of the Ferihegy international airport, citing procedural irregularities.
