Posted by Andras M. Badics
Business, Latest News, Money, Top News
Friday, November 25th, 2011
Arriving on the heels of embarrassing news about Hungary’s ‘new’ relationship with the IMF and the Government’s confusing PR campaign about “this time being different,” the Orban-cabinet was dealt another crushing financial blow on Friday morning. For the first time in 15 years, Hungary’s credit rating was downgraded to ‘junk’ (Ba1) status by Moody’s Investment [...]
Posted by Kevin James Moore
Latest News, Politics, Top News
Thursday, November 24th, 2011
Cleared out of bridge underpasses, hiding in underground stations, finding refugein forests, the homeless people of Budapest feel they are being treated as fugitives onthe run. This has FEANSTA, the European Federation of Nation Organizations workingwith the homeless, expressing concerns over concerted attacks in Hungary. The countryis seeking punitive measures against dumpster-diving and street sleeping [...]
Posted by Andras M. Badics
Latest News, Top News
Friday, November 4th, 2011
A warning has been issued in Budapest, after a leading paediatric hospital (Svabhegyi Gyogyintezet) reported an alarming increase in the number of children with respiratory complaints due to excessive smog levels. Patient numbers could double in the coming days, the center said in a press release, as even children with no previous history of respiratory [...]