NewsBKV scandal curbs MSZP
The former deputy mayor of Budapest and Hungarian
Socialist Party (MSZP) MP Miklós Hagyó last Tuesday withdrew his
candidacy in the forthcoming general election and resigned his seat on
the city council. His move followed pressure from the party leadership
amid concerns over Hagyó’s proximity to a corruption scandal.
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PoliticsSmall talk
Viktor Orbán, the leader of Hungary’s centre-right
opposition party Fidesz, last Friday gave the impression that he felt
April’s general elections were a mere formality on his journey back
into government.
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EconomyTakarékBank Weekly Economy Watch - What happened so far – and what will happen after elections?At the end of January the government
submitted the updated Convergence
Programme for 2009-2012 to the European
Commission. Having a quick look at the document
provides us with a chance of considering economic
policies and macroeconomic developments of the
past four years and of looking ahead to the next
parliamentary term.
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CultureTemps d’Image festival kicks off this week
Temps d’Image is a programme created by the
German-French television channel Arte and the French art and culture
centre La ferme du Buisson to promote international theatre
collaborations.
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Eating OutSercli - Made to match
Sercli’s name translates as the “bread crust”, but this
attractive restaurant serves a far greater range of food. Situated near
Ferenciek tere in Veres Palné utca in a newly renovated building with
floor-to-ceiling windows, the warm lighting and discrete interior
design of the modern restaurant create a very inviting ambience.
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LeisureClearly heavenThanks to its thermal sources and above all the largest
thermal lake in Europe, Hévíz is best known as a health resort for the
relief of various, mainly age-related, pains. In an effort to attract a
broader range of guests, more and more hotels are offering a range of
“wellness” services. These include the four-star Danubius Hotel Health
Spa AQUA Resort.
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Corporate Finance / M&A CornerHiring a lawyer to help sell your company or raise capital
If you are looking to undertake a transaction such as raising capital
or selling your company, a lawyer will be a vital part of your team.
This article will first describe the role that a lawyer will typically
play in a transaction, then provide guidance on how to select a firm or
individual who may best fulfill that role.
The lawyer’s role in a transaction more
What lies beneathStairway to Heaven; Elevator from Hell
I have just learned that the elevator in our four-floor
building is not owned by the building. It is owned by the company that
owns the fourth floor. The company that owns the fourth floor also owes
the building six million forints (EUR 22,280) in back payments on
common fees, which is probably all the common fees owed since they
moved in.
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Letters to the EditorHappy Christmas
This time around it's a letter FROM the Editor: How can you miss us if we don’t go away? Well, the Times
staff has already made tracks (except for the office girls that answer
the phones, issue the paycheques and all that
technical stuff. They only get the public holidays off).
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EditorialBKV a reflection of Hungary’s ailmentsUntil recently Budapest public transport company BKV
generally appeared in the press when it was broke (again) and had to
beg the state for funds, or when one of its dilapidated buses had gone
up in flames (again).
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