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- [01/12 14:19] Emirates SkyCargo names GSA in Hungary
BUDAPEST, Dec 1 (GCTL) - Emirates SkyCargo has appointed Globe Air Cargo, part of the European Cargo Services group, as its general sales agent in Hungary. The unit currently operates a trucking service every Monday, Wednesday and Friday from Budapest to
- UPDATE 1-Hungary offers wage offset plan to placate unions
BUDAPEST, Dec 1 (Reuters) - Hungary's government said on Monday it would pay wage compensation to public sector workers in 2009 to reach a compromise with unions, a move analysts said raised concerns over its commitment to fiscal cuts. The government
- 84% of Hungarians polled say they have never evaded tax
Most Hungarians consider themselves law abiding taxpayers, while at the same time suspect over half of their compatriots of diddling the tax man. A poll by a political analysis and market research company Progresszív Intézet found. Honest education
- Egis says Ukraine wholesalers want financial aid
BUDAPEST, Dec 1 (Reuters) - Hungarian drug producer Egis will be forced to take on some of the new financial burden of its Ukrainian wholesalers, Chief Financial Officer Laszlo Marosffy told business daily Napi Gazdasag on Monday. The weakening of
- Echo Investments joins developers changing their strategies
Developer company Echo Investment has several hundred million z?oty set aside for purchases and like its competitors it is beginning to postpone its residential projects 'The administrative procedures of projects in Budapest and Brasov are going
- Emirates SkyCargo ups Central Europe presence
As part of plans to better serve its growing Central European sector, Emirates SkyCargo has appointed cargo sales agencies in three key markets. Emirates SkyCargo has signed agreements with Globe Air Cargo - an European cargo service company in Hungary,
- Romanian Leftists Claim Victory in Parliamentary Election
Romania's left-wing Social Democrats are claiming victory in Sunday's parliamentary election, with voters angry about the country's financial crisis. Stefan Bos reports for VOA from Budapest. Romanian Gypsy women cast their votes in Sintesti, Romania,
- Tattoo expo in Budapest
A woman is tattooed by a tattoo artist during a tattoo expo in Budapest November 30, 2008. [Agencies]
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Hungary was part of the polyglot Austro-Hungarian Empire, which collapsed in World War I. It fell under communist rule following World War II. A revolt in 1956 and an announced withdrawal from the Warsaw Pact was met with massive military intervention by Moscow. In the more open GORBACHEV years, Hungary led the movement to dissolve the Warsaw Pact and steadily shifted toward multiparty democracy and a market-oriented economy. Following the collapse of the USSR in 1991, Hungary developed close political and economic ties to Western Europe. It joined NATO in 1999 and is a frontrunner in a future expansion of the EU.
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