Events

Hungarians buy the cheaper sausage even for New Year's Eve

Nowadays Hungarians buy the cheaper poultry sausages. Even at the end of the year, at New Year's Eve as well. About one-fifth, one-sixth of the sausages consumed in Hungary found...

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A quarter less champagne consumed than five years ago

Nowadays, about 30 million bottles of champagne is consumed by the Hungarians annually, it is about a quarter less than five years ago. A total of 225 thousand hectoliters of...

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The public and corporate loans continue to decline

Like in the previous months, households and companies are still net loan repayers. In the case of households, deposits decreased, while in the case of the firms increased. The households...

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Mangalica is getting more and more popular in the U.S. market

Nowadays, thousands of Mangalica are bred in the U.S. Their meat, fat is getting more and more popular, they are four times more expensive than normal pigs. The mangalica meat...

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Free marijuana for food

A California food bank raked in donations for needy families this year after teaming up with a neighboring medical marijuana dispensary to provide complimentary joints to those who donated at...

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Greek retail sales down

Greece’s retail sales volume index fell 8.1 % in October this year, compared with the same month of 2009, after a decline of 15.5 % recorded in October last year....

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SEC investigating Fcebook's IPO

The Securities and Exchange Commission’s probe into trading of Facebook shares on private marketplaces has some asking whether the regulator might pressure the social network to have an initial public...

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2.5 billion HUF fine imposed by MgSZH in a half year

In almost 50 thousand food controls 2.5 billion HUF fine was imposed in the past half year, by the Central Agricultural Office (MgSZH). The professionals took 42,313 samples and carried...

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Most Hungarians go online at home

Eight out of ten Hungarian Internet users go online at home in the first place. Other Hungarians – in fact 8-8 percent of them – opt for net-surfing at their...

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The Customs and Finance Guards do not harass the private pálinka distillers

Since the liberalization of home distillation, the Customs and Finance Guard authority did not identify any violation at private pálinka distillers. According to Sipos Jenő, spokesman; they are not intended...

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The number of unemployed is on its the pre-crisis level in the U.S.A.

Unemployment in the United States decreased by 34,000 people to 388,000, contrary to expectations, that projected 416,000 unemployed. The number of unemployed in the second week of December increased to...

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The product line tracking could help the pig sector

According to a specialist; product line tracking could help the pig sector that could explore the way of meat and a setback black markets. Over the past twenty years, Hungarian...

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We spent 61 thousand HUF per person per month in retail

The Central Statistical Office published the regional differences ofeconomic developments in Hungary last year. The detailed figures show what differences exist between the regions in Hungary. The Hungarian economy's performance...

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MGYOSZ is ready to negotiate over the ban of Sunday the workday

Sunday's work is a serious social and economic issue, therefore, the law should only be amended after discussions with the stakeholders – said Rolek Ferenc, Vice-Chairman of the the National...

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The decrease in turnover threatens the existence of businessmen

More than 45 percent of the Hungarian SMEs that have debts, took up loans to pay to their partners. The loans threaten the private existence of the businessmen, since due...

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VOSZ: The ban on Sunday opening hours can cause 250 billion HUF losses

According to the calculations of the National Association of Entrepreneurs and Employers (VOSZ); the ban on Sunday opening hours can cause a direct 250 billion HUF losses to the budget-...

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New directives to come in chicken breeding

In a few years, Hungarian products should compete with the South American eggs, while thje farmers cannot keep the hens in their conventional cages from 2012, because of the EU...

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27 thousand tons of sausages consumed over a year

The popularity of sausages increased during the Christmas-New Year's Eve period of last year. Retail sold around 5,700 tons during November-December, which is 17 percent more than in the comparable...

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M43-motorway to open even later

Even though the 31.6 km section of the M43-motorway running between Szeged and Makó should have been opened in late August this year, according to Csongrád-county based newspaper Délmagyarország, it...

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A few thousands have remained in the private pension fund system

By 31st January, citizens who want to keep their private pension fund membership need to sign various documents to indicate their decision. MR1-Radio Kossuth was informed that until now, 2040...

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800 million HUF for next year’s school milk program

The act on the continuation of the school milk program enters into force from the 1st of January. The support can also claimed by dairy producers as well – told...

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Civil war threatens the cocoa supply of the world

Cocoa in Côte d'Ivoire become a factor that can influence the world economy. Ivory Coast's share of the cocoa world trade – according to the 2008 datas of United Nations...

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Promising retail sales in December

OKSZ calculates on the basis of the turnover of the pre-Christmas days that in December of this year the population spend about 5 percent more, a total of 840 to...

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Agri prices will increase in 2011

The wheat, corn, canola, coffee, sugar, cocoa, soybeans, rice – practically every agricultural product prices have increased this year, and some in a record level. In many cases the prices...

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Next year it may be easier for SMEs

The 2010 year was very difficult for the Hungarian micro, family and small businesses, however, the enterprizes look with confidence to the 2011 year – told Szűcs György, Chairman of...

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The number of employees should be increased by ten percent

Thanks to the new Széchenyi Plan, 2000 billion HUF may flow into the economy. The number of employees should also be increased by ten percent in Hungary – said Fellegi...

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One-third fewer people love purchase loans

As a result of the downturn the popularity of various loans decreasing from year to year, so a drop occured in in apartmant loans and account loans. Many people applied...

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After Christmas comes the swap

The unnecessary Christmas presents can be changed back at most of the dealers for a good time. In most places the price of the product can be purchased, but only...

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America paid Online

Webstores had a great year end rush. The latest data show that online retail sales during the holidays rose by 15.4% compared to last year – reports CNBC. The traders...

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PC in the phone

This year, twice as many people bought a smart phone, than as in last year. An increasing competition is expected. The end of the monopoly of iPad is expected. In...

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