November 2008

Budapest Airport to Build 250-Room Hotel at Ferihegy

Budapest Ferihegy International Airport operator Budapest Airport (BA) is planning to build a 250-room hotel at the airport, the business daily Vilaggazdasag reported on October 30th 2008. 


Hungary to Pay 0.25 pct Stand-by Fee, 5-6 pct Interest on EUR 20 Billion Support Package

Hungary will pay an annual stand-by fee of 0.25 pct and interest of 5-6 pct on a EUR 20 billion credit line from the IMF, the EU and the World Bank.


Government to Require Farmers to Participate in Relief System

The government decided at a cabinet meeting on October 29th 2008 to require farmers to participate in a system set up two years ago to provide relief for weather-related damages, Agriculture Ministry State Secretary Zoltan Gogos said.


News Monitoring