Long Road to Fiscal Discipline, and Possibly the Euro
Hungary faces a hard road toward its ambitious target of adopting the euro by the start of the next decade, but major steps have since been taken or, at least, initiated.
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Central Bank Revamps University Cooperation, Expanding Scholarships and Research Programs
“The Hungarian Central Bank (MNB) is introducing a new model of university cooperation focused on measurable performance and tangible results,” Governor Mihály Varga announced after signing letters of intent with three universities. The central bank governor emphasized that the goal of the MNB’s new leadership is to strengthen the training of financial and economic professionals…
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AGOS Launches Mediterranean Sunday Brunch Series in Budapest
AGOS Restaurant at Kimpton BEM Budapest will launch its refreshed Sunday Brunch & Bubbles series Nov. 15 with a St. Martin’s Day event featuring Hungarian goose specialties with Mediterranean influences.
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South Korean Battery Manufacturers Sign Declaration on Environmental and Social Responsibility
Samsung SDI Plant in Göd The South Korean battery industry, based in Hungary, is embracing its social and environmental responsibilities. On Monday, representatives of leading manufacturers, together with the Ministry of Trade, Industry and Energy of the Republic of Korea, signed a memorandum of understanding in Budapest regarding shared responsibility in the areas of environmental…
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V4 unity gives Hungary real clout in Brussels budget battle
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Wages talks inch forward — but workers and bosses still can’t seal the deal
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Food gets cheaper, but services keep getting more expensive as inflation reaches 2%
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Magyar pledges cooperation with Merz on EU budget, energy and enlargement
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Citi Names Elżbieta Czetwertyńska Head of Expanded CEE Region Including Hungary
Elżbieta Czetwertyńska has been appointed Citi’s head of Central and Eastern Europe, overseeing an expanded seven-country region that includes Hungary.
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A Speech on Europe: Enormous Hype Surrounds Péter Magyar in Berlin
The Konrad Adenauer Foundation invited Péter Magyar to deliver its 17th Europe Speech. The event, held at the Allianz Forum in Berlin, was significant primarily in terms of the organizers’ expectations; the German audience’s fascination with his stratospheric approval ratings stood in stark contrast to the actual policy substance of the speech. The head of…
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