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	<title>Realdeal.hu</title>
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	<description>The bottom line on Hungarian property and business</description>
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		<title>Hungary hopes to ink IMF loan deal by autumn, says Varga</title>
		<link>http://www.realdeal.hu/20120516/hungary-hopes-to-ink-imf-loan-deal-in-autumn-says-varga/</link>
		<comments>http://www.realdeal.hu/20120516/hungary-hopes-to-ink-imf-loan-deal-in-autumn-says-varga/#comments</comments>
		<pubDate>Wed, 16 May 2012 08:55:28 +0000</pubDate>
		<dc:creator>MTI</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[Showthumb]]></category>
		<category><![CDATA[politics]]></category>

		<guid isPermaLink="false">http://www.realdeal.hu/?p=11109</guid>
		<description><![CDATA[Mihaly Varga, who has been appointed to head Hungary’s delegation in talks with the IMF, told Wednesday’s Magyar Hirlap in an interview that it was realistic for Hungary to expect a 3-year backstop loan in the region of 15 billion euros in the early autumn. &#8220;It is in our interest to conclude an agreement within [...]]]></description>
		<wfw:commentRss>http://www.realdeal.hu/20120516/hungary-hopes-to-ink-imf-loan-deal-in-autumn-says-varga/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Domestic industrial sales slow, exports gather pace in March</title>
		<link>http://www.realdeal.hu/20120516/domestic-industrial-sales-slow-exports-gather-pace-in-march/</link>
		<comments>http://www.realdeal.hu/20120516/domestic-industrial-sales-slow-exports-gather-pace-in-march/#comments</comments>
		<pubDate>Wed, 16 May 2012 08:32:27 +0000</pubDate>
		<dc:creator>MTI Econews</dc:creator>
				<category><![CDATA[Briefs]]></category>
		<category><![CDATA[Economy]]></category>

		<guid isPermaLink="false">http://www.realdeal.hu/?p=11105</guid>
		<description><![CDATA[Hungary’s industrial output was down 1.6pc yr/yr in March according to unadjusted figures and rose 0.6pc according to workday-adjusted figures, the Central Statistics Office (KSH) said on Tuesday, confirming a first reading released on May 8. The moderate workday-adjusted rise in output came after two months of twelve-month decline, although it was helped by base [...]]]></description>
		<wfw:commentRss>http://www.realdeal.hu/20120516/domestic-industrial-sales-slow-exports-gather-pace-in-march/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<item>
		<title>Businesses submit applications for additional wage compensation subsidies worth HUF 6 billion</title>
		<link>http://www.realdeal.hu/20120516/businesses-submit-applications-for-additional-wage-compensation-subsidies-worth-huf-6-billion/</link>
		<comments>http://www.realdeal.hu/20120516/businesses-submit-applications-for-additional-wage-compensation-subsidies-worth-huf-6-billion/#comments</comments>
		<pubDate>Wed, 16 May 2012 08:30:38 +0000</pubDate>
		<dc:creator>MTI Econews</dc:creator>
				<category><![CDATA[Briefs]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[politics]]></category>

		<guid isPermaLink="false">http://www.realdeal.hu/?p=11103</guid>
		<description><![CDATA[More than 4,500 applications were submitted by Hungarian companies for HUF 5.9bn in additional subsidies for employers who raise wages to compensate lower earners for tax changes, state secretary for employment Sandor Czomba told MTI on Tuesday. Mr Czomba noted that, in spite of the crisis, the applications submitted by the deadline on Monday were [...]]]></description>
		<wfw:commentRss>http://www.realdeal.hu/20120516/businesses-submit-applications-for-additional-wage-compensation-subsidies-worth-huf-6-billion/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>MOL Q1 earnings plunge on narrow margins, financial loss</title>
		<link>http://www.realdeal.hu/20120516/mol-q1-earnings-plunge-on-narrow-margins-financial-loss/</link>
		<comments>http://www.realdeal.hu/20120516/mol-q1-earnings-plunge-on-narrow-margins-financial-loss/#comments</comments>
		<pubDate>Wed, 16 May 2012 08:27:16 +0000</pubDate>
		<dc:creator>MTI Econews</dc:creator>
				<category><![CDATA[Briefs]]></category>
		<category><![CDATA[Business]]></category>

		<guid isPermaLink="false">http://www.realdeal.hu/?p=11101</guid>
		<description><![CDATA[Hungarian oil and gas company MOL’s first-quarter net income fell 20pc to HUF 73.7bn from the same period a year earlier on narrowing margins and financial losses, the company’s consolidated IFRS report for the period published Tuesday shows. After-tax profit fell 28pc to HUF 80.9bn. Profit was well over the HUF 42.5bn estimated by analysts [...]]]></description>
		<wfw:commentRss>http://www.realdeal.hu/20120516/mol-q1-earnings-plunge-on-narrow-margins-financial-loss/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Matolcsy: Fresh EU deficit forecast &#8220;important step&#8221; toward end of excessive deficit procedure against Hungary</title>
		<link>http://www.realdeal.hu/20120516/matolcsy-fresh-eu-deficit-forecast-important-step-toward-end-of-excessive-deficit-procedure-against-hungary/</link>
		<comments>http://www.realdeal.hu/20120516/matolcsy-fresh-eu-deficit-forecast-important-step-toward-end-of-excessive-deficit-procedure-against-hungary/#comments</comments>
		<pubDate>Wed, 16 May 2012 08:24:21 +0000</pubDate>
		<dc:creator>MTI Econews</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[Showthumb]]></category>
		<category><![CDATA[politics]]></category>

		<guid isPermaLink="false">http://www.realdeal.hu/?p=11098</guid>
		<description><![CDATA[National Economy Minister Gyorgy Matolcsy on Tuesday wrote to European Union finance ministers that projections for Hungary in the European Commission’s latest economic forecast were an &#8220;important step&#8221; to the end of a suspension on the country’s Cohesion Fund allocation because of its high fiscal deficits. Mr Matolcsy noted that the projections in the Commission’s [...]]]></description>
		<wfw:commentRss>http://www.realdeal.hu/20120516/matolcsy-fresh-eu-deficit-forecast-important-step-toward-end-of-excessive-deficit-procedure-against-hungary/feed/</wfw:commentRss>
		<slash:comments>3</slash:comments>
		</item>
		<item>
		<title>MKIK business sentiment picks up in April</title>
		<link>http://www.realdeal.hu/20120516/mkik-business-sentiment-index-picks-up-in-april/</link>
		<comments>http://www.realdeal.hu/20120516/mkik-business-sentiment-index-picks-up-in-april/#comments</comments>
		<pubDate>Wed, 16 May 2012 08:17:43 +0000</pubDate>
		<dc:creator>MTI Econews</dc:creator>
				<category><![CDATA[Briefs]]></category>
		<category><![CDATA[Economy]]></category>

		<guid isPermaLink="false">http://www.realdeal.hu/?p=11096</guid>
		<description><![CDATA[The Hungarian Chamber of Commerce and Industry (MKIK) Economy and Enterprise Research Institute’s index of company sentiment in Hungary rose to +8.7 in April from +1.3 in October, MKIK announced on Tuesday. MKIK polled more than 2,558 businesses for the index. Sub-indices still show the impact of the economy crisis, with the usage of capacities [...]]]></description>
		<wfw:commentRss>http://www.realdeal.hu/20120516/mkik-business-sentiment-index-picks-up-in-april/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Hungary construction sector drops 13% yr/yr in March</title>
		<link>http://www.realdeal.hu/20120516/hungary-construction-sector-drops-13-yryr-in-march/</link>
		<comments>http://www.realdeal.hu/20120516/hungary-construction-sector-drops-13-yryr-in-march/#comments</comments>
		<pubDate>Wed, 16 May 2012 08:14:30 +0000</pubDate>
		<dc:creator>MTI Econews</dc:creator>
				<category><![CDATA[Briefs]]></category>
		<category><![CDATA[Economy]]></category>

		<guid isPermaLink="false">http://www.realdeal.hu/?p=11094</guid>
		<description><![CDATA[Output of Hungary’s construction sector was down 12.6pc in March from the same month a year earlier according to both unadjusted and calendar year-adjusted data, the Central Statistics Office (KSH) said on Wednesday. The decline slowed from a steep yr/yr contraction in February, revised to 15.2pc from 16.0pc. Construction sector output rose a slight 0.1pc [...]]]></description>
		<wfw:commentRss>http://www.realdeal.hu/20120516/hungary-construction-sector-drops-13-yryr-in-march/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>The sad inevitability of Hungary&#8217;s &#8220;unexpected&#8221; recession</title>
		<link>http://www.realdeal.hu/20120515/im-shocked-shocked-to-discover-hungary-is-in-recession/</link>
		<comments>http://www.realdeal.hu/20120515/im-shocked-shocked-to-discover-hungary-is-in-recession/#comments</comments>
		<pubDate>Tue, 15 May 2012 11:58:01 +0000</pubDate>
		<dc:creator>Erik D'Amato</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[Showthumb]]></category>

		<guid isPermaLink="false">http://www.realdeal.hu/?p=11072</guid>
		<description><![CDATA[So it&#8217;s official, more or less: Hungary is in &#8211; or during the first quarter was in &#8211; recession, with output skidding 1.3% in January-March. The first year-on-year quarterly decline since the dire days of 2009 was apparently a big surprise to the &#8220;London analysts&#8221; and other international economists who are generally considered the go-to [...]]]></description>
		<wfw:commentRss>http://www.realdeal.hu/20120515/im-shocked-shocked-to-discover-hungary-is-in-recession/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Analysts see Hungary economy shrink up to 0.5% in 2012</title>
		<link>http://www.realdeal.hu/20120515/analysts-see-hungary-economy-shrink-0-5-in-2012/</link>
		<comments>http://www.realdeal.hu/20120515/analysts-see-hungary-economy-shrink-0-5-in-2012/#comments</comments>
		<pubDate>Tue, 15 May 2012 11:45:56 +0000</pubDate>
		<dc:creator>MTI Econews</dc:creator>
				<category><![CDATA[Briefs]]></category>
		<category><![CDATA[Economy]]></category>

		<guid isPermaLink="false">http://www.realdeal.hu/?p=11087</guid>
		<description><![CDATA[Hungary’s economy will probably stagnate or contract this year, analysts told MTI on Tuesday, after the Central Statistics Office (KSH) published fresh GDP data. Hungary’s economy contracted by an adjusted 1.3pc in Q1 from the same period a year earlier, KSH said in the morning. The fall was the same in a quarter-on-quarter comparison. Takarekbank [...]]]></description>
		<wfw:commentRss>http://www.realdeal.hu/20120515/analysts-see-hungary-economy-shrink-0-5-in-2012/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Hungarian Chamber of Commerce pockets over HUF 2 billion from mandatory business registration fee</title>
		<link>http://www.realdeal.hu/20120515/hungarian-chamber-of-commerce-pockets-over-huf-2-billion-from-mandatory-business-registration-fee/</link>
		<comments>http://www.realdeal.hu/20120515/hungarian-chamber-of-commerce-pockets-over-huf-2-billion-from-mandatory-business-registration-fee/#comments</comments>
		<pubDate>Tue, 15 May 2012 11:13:59 +0000</pubDate>
		<dc:creator>All Hungary News</dc:creator>
				<category><![CDATA[Briefs]]></category>
		<category><![CDATA[Business]]></category>

		<guid isPermaLink="false">http://www.realdeal.hu/?p=11075</guid>
		<description><![CDATA[The Hungarian Chamber of Commerce and Industry (MKIK) has raked in at least HUF 2 billion from a new registration fee companies and sole proprietors must pay if they are to continue doing business in Hungary, Origo.hu reported. Membership, which was made mandatory by law as of January 2012, carries an annual fee of HUF [...]]]></description>
		<wfw:commentRss>http://www.realdeal.hu/20120515/hungarian-chamber-of-commerce-pockets-over-huf-2-billion-from-mandatory-business-registration-fee/feed/</wfw:commentRss>
		<slash:comments>4</slash:comments>
		</item>
		<item>
		<title>Hungary economy contracts 1.3% in Q1</title>
		<link>http://www.realdeal.hu/20120515/hungary-economy-contracts-1-3-in-q1/</link>
		<comments>http://www.realdeal.hu/20120515/hungary-economy-contracts-1-3-in-q1/#comments</comments>
		<pubDate>Tue, 15 May 2012 08:27:35 +0000</pubDate>
		<dc:creator>MTI Econews</dc:creator>
				<category><![CDATA[Economy]]></category>

		<guid isPermaLink="false">http://www.realdeal.hu/?p=11065</guid>
		<description><![CDATA[Hungary’s GDP fell 0.7pc yr/yr in Q1 2012 according to unadjusted figures and fell 1.3pc on workday-adjusted figures, the Central Statistics Office (KSH) said in a first reading on Tuesday. First-quarter GDP was down 1.3pc from the fourth quarter last year, after a downward revised no-change in the previous quarter, seasonally- and calendar year-adjusted data [...]]]></description>
		<wfw:commentRss>http://www.realdeal.hu/20120515/hungary-economy-contracts-1-3-in-q1/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>HUF 500 million ecotourism development starts at south Hungary lake</title>
		<link>http://www.realdeal.hu/20120515/huf-500-million-ecotourism-development-starts-at-south-hungary-lake/</link>
		<comments>http://www.realdeal.hu/20120515/huf-500-million-ecotourism-development-starts-at-south-hungary-lake/#comments</comments>
		<pubDate>Tue, 15 May 2012 08:25:05 +0000</pubDate>
		<dc:creator>MTI Econews</dc:creator>
				<category><![CDATA[Briefs]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[property: hotels and resorts]]></category>

		<guid isPermaLink="false">http://www.realdeal.hu/?p=11062</guid>
		<description><![CDATA[Vilanova Kft has begun work on a HUF 500m investment to build bridges, an ecotourism pathway, visitor center and overlook at Lake Deseda in southern Hungary, Mayor Karoly Szita of the nearby city of Kaposvar announced on Monday. Mr Szita noted that the European Union contributed HUF 341m in funding for the investment. The Deseda [...]]]></description>
		<wfw:commentRss>http://www.realdeal.hu/20120515/huf-500-million-ecotourism-development-starts-at-south-hungary-lake/feed/</wfw:commentRss>
		<slash:comments>3</slash:comments>
		</item>
		<item>
		<title>Banks in ongoing talks with gov’t on new financial tax</title>
		<link>http://www.realdeal.hu/20120515/banks-in-ongoing-talks-with-gov%e2%80%99t-on-new-financial-tax/</link>
		<comments>http://www.realdeal.hu/20120515/banks-in-ongoing-talks-with-gov%e2%80%99t-on-new-financial-tax/#comments</comments>
		<pubDate>Tue, 15 May 2012 08:00:06 +0000</pubDate>
		<dc:creator>MTI Econews</dc:creator>
				<category><![CDATA[Briefs]]></category>
		<category><![CDATA[politics]]></category>

		<guid isPermaLink="false">http://www.realdeal.hu/?p=11056</guid>
		<description><![CDATA[Talks between the National Economy Ministry and the Hungarian Banking Association are ongoing, the ministry said on Monday, responding to a query on a planned fee on financial transactions. The National Economy Ministry is continuing talks with representatives of the Hungarian Banking Association with the aim of involving financial institutions in the implementation of the [...]]]></description>
		<wfw:commentRss>http://www.realdeal.hu/20120515/banks-in-ongoing-talks-with-gov%e2%80%99t-on-new-financial-tax/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>St. Petersburg scraps $600 million TriGranit development</title>
		<link>http://www.realdeal.hu/20120515/st-petersburg-scraps-600-million-trigranit-development/</link>
		<comments>http://www.realdeal.hu/20120515/st-petersburg-scraps-600-million-trigranit-development/#comments</comments>
		<pubDate>Tue, 15 May 2012 07:44:50 +0000</pubDate>
		<dc:creator>Hungary Around the Clock</dc:creator>
				<category><![CDATA[Briefs]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[property]]></category>

		<guid isPermaLink="false">http://www.realdeal.hu/?p=11054</guid>
		<description><![CDATA[The mayor of Saint Petersburg has cancelled a 2011 contract between the city and Hungarian property developer TriGránit on building a cultural centre in the city, Napi Gazdaság reports. The city does not intend to pay compensation for the cancelled project of about $600 million, the daily added. “The city rejected the private public partnership [...]]]></description>
		<wfw:commentRss>http://www.realdeal.hu/20120515/st-petersburg-scraps-600-million-trigranit-development/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Telcos protest new tax on telephone calls, text messages</title>
		<link>http://www.realdeal.hu/20120515/telcos-protest-new-tax-on-telephone-calls-text-messages/</link>
		<comments>http://www.realdeal.hu/20120515/telcos-protest-new-tax-on-telephone-calls-text-messages/#comments</comments>
		<pubDate>Tue, 15 May 2012 07:40:15 +0000</pubDate>
		<dc:creator>All Hungary News</dc:creator>
				<category><![CDATA[Business]]></category>

		<guid isPermaLink="false">http://www.realdeal.hu/?p=11058</guid>
		<description><![CDATA[Hungary’s three biggest telcos, Magyar Telekom, Telenor and Vodafone, expressed their &#8220;shock&#8221; over the government’s planned tax on telephone calls and messages in a joint statement on Monday. The government expects the new tax to generate an annual HUF 44.4bn, instead of the originally targeted HUF 52bn, because of exemptions, National Economy Ministry state secretary [...]]]></description>
		<wfw:commentRss>http://www.realdeal.hu/20120515/telcos-protest-new-tax-on-telephone-calls-text-messages/feed/</wfw:commentRss>
		<slash:comments>3</slash:comments>
		</item>
		<item>
		<title>Hungary&#8217;s MOL ponders joining BP pipeline project, Népszabadság reports</title>
		<link>http://www.realdeal.hu/20120514/hungarys-mol-ponders-joining-bp-pipeline-project-nepszabadsag-reports/</link>
		<comments>http://www.realdeal.hu/20120514/hungarys-mol-ponders-joining-bp-pipeline-project-nepszabadsag-reports/#comments</comments>
		<pubDate>Mon, 14 May 2012 10:02:10 +0000</pubDate>
		<dc:creator>MTI Econews</dc:creator>
				<category><![CDATA[Briefs]]></category>
		<category><![CDATA[Business]]></category>

		<guid isPermaLink="false">http://www.realdeal.hu/?p=11051</guid>
		<description><![CDATA[Hungarian oil and gas company MOL is studying the possibility of participating in British Petroleum’s South-East Europe Pipeline (SEEP) international gas pipeline project, Nepszabadsag daily said on Monday. The SEEP project, plans of which were revealed only a year ago, is regarded by experts as one of the most &#8220;viable&#8221; competitors of the EU-backed international [...]]]></description>
		<wfw:commentRss>http://www.realdeal.hu/20120514/hungarys-mol-ponders-joining-bp-pipeline-project-nepszabadsag-reports/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Varga appointment seen positive step in Hungary-IMF talks, say emerging market analysts</title>
		<link>http://www.realdeal.hu/20120514/varga-appointment-seen-positive-step-in-hungary-imf-talks-say-emerging-market-analysts/</link>
		<comments>http://www.realdeal.hu/20120514/varga-appointment-seen-positive-step-in-hungary-imf-talks-say-emerging-market-analysts/#comments</comments>
		<pubDate>Mon, 14 May 2012 08:08:48 +0000</pubDate>
		<dc:creator>MTI Econews</dc:creator>
				<category><![CDATA[Briefs]]></category>
		<category><![CDATA[Economy]]></category>

		<guid isPermaLink="false">http://www.realdeal.hu/?p=11040</guid>
		<description><![CDATA[The government’s move to appoint Mihaly Varga to lead forthcoming talks on a new IMF/EU financing package will likely be seen as positive on the markets, London-based emerging markets analysts said after Prime Minister Viktor Orban announced the appointment on Friday. Timothy Ash, head of global emerging markets research of Royal Bank of Scotland said [...]]]></description>
		<wfw:commentRss>http://www.realdeal.hu/20120514/varga-appointment-seen-positive-step-in-hungary-imf-talks-say-emerging-market-analysts/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>No cap planned on new financial transaction tax, says Ministry</title>
		<link>http://www.realdeal.hu/20120514/no-cap-planned-on-new-financial-transaction-tax-says-ministry/</link>
		<comments>http://www.realdeal.hu/20120514/no-cap-planned-on-new-financial-transaction-tax-says-ministry/#comments</comments>
		<pubDate>Mon, 14 May 2012 08:06:39 +0000</pubDate>
		<dc:creator>MTI Econews</dc:creator>
				<category><![CDATA[Briefs]]></category>
		<category><![CDATA[Economy]]></category>
		<category><![CDATA[public finances]]></category>

		<guid isPermaLink="false">http://www.realdeal.hu/?p=11038</guid>
		<description><![CDATA[There will be no upper limit per transaction on a planned tax on financial transactions, the National Economy Ministry said on Friday, responding to a query by MTI. The government approved the 0.1pc tax on financial transactions at a cabinet meeting on Wednesday. If approved by Parliament, the tax will be introduced in 2013. The [...]]]></description>
		<wfw:commentRss>http://www.realdeal.hu/20120514/no-cap-planned-on-new-financial-transaction-tax-says-ministry/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Matolcsy: Expect faster growth, balanced budgets &#8220;for decades&#8221;</title>
		<link>http://www.realdeal.hu/20120514/matolcsy-hungary-gov%e2%80%99t-has-balanced-general-budget-for-decades/</link>
		<comments>http://www.realdeal.hu/20120514/matolcsy-hungary-gov%e2%80%99t-has-balanced-general-budget-for-decades/#comments</comments>
		<pubDate>Mon, 14 May 2012 08:04:55 +0000</pubDate>
		<dc:creator>MTI Econews</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[Showthumb]]></category>
		<category><![CDATA[public finances]]></category>

		<guid isPermaLink="false">http://www.realdeal.hu/?p=11042</guid>
		<description><![CDATA[The government has consolidated the general budget for the coming decades, National Economy Minister Gyorgy Matolcsy said at a forum on Friday. &#8220;We have not consolidated the Hungarian general budget for the coming years, but for the coming decades,&#8221; Mr Matolcsy said. &#8220;We are very close to reaching a growth rate next year that is [...]]]></description>
		<wfw:commentRss>http://www.realdeal.hu/20120514/matolcsy-hungary-gov%e2%80%99t-has-balanced-general-budget-for-decades/feed/</wfw:commentRss>
		<slash:comments>7</slash:comments>
		</item>
		<item>
		<title>Audi unveils EUR 900 million expansion at Győr plant</title>
		<link>http://www.realdeal.hu/20120514/audi-unveils-eur-900-million-expansion-at-gyor-plant/</link>
		<comments>http://www.realdeal.hu/20120514/audi-unveils-eur-900-million-expansion-at-gyor-plant/#comments</comments>
		<pubDate>Mon, 14 May 2012 07:53:09 +0000</pubDate>
		<dc:creator>MTI Econews</dc:creator>
				<category><![CDATA[Briefs]]></category>
		<category><![CDATA[Business]]></category>

		<guid isPermaLink="false">http://www.realdeal.hu/?p=11036</guid>
		<description><![CDATA[German car maker Audi on Friday held a topping-out ceremony at a EUR 900m expansion at its base in Gyor (W Hungary). &#8220;Construction work is proceeding at a rapid pace. We are confident of being able to complete the automobile plant on time,&#8221; said Audi Hungaria managing director Thomas Faustmann. &#8220;In its quest for utmost [...]]]></description>
		<wfw:commentRss>http://www.realdeal.hu/20120514/audi-unveils-eur-900-million-expansion-at-gyor-plant/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>EU cuts back Hungary deficit forecast for 2012-2013 as gov’t enacts raft of new taxes</title>
		<link>http://www.realdeal.hu/20120514/eu-cuts-back-hungary-deficit-forecast-for-2012-2013-as-gov%e2%80%99t-enacts-raft-of-new-taxes/</link>
		<comments>http://www.realdeal.hu/20120514/eu-cuts-back-hungary-deficit-forecast-for-2012-2013-as-gov%e2%80%99t-enacts-raft-of-new-taxes/#comments</comments>
		<pubDate>Mon, 14 May 2012 07:48:31 +0000</pubDate>
		<dc:creator>MTI Econews</dc:creator>
				<category><![CDATA[Briefs]]></category>
		<category><![CDATA[Economy]]></category>

		<guid isPermaLink="false">http://www.realdeal.hu/?p=11034</guid>
		<description><![CDATA[The European Commission projects Hungary’s general government deficit will be under the 3pc of GDP threshold in 2012 and 2013 in its European Economic Forecast for spring published on Friday. The forecast puts the deficit at 2.5pc of GDP in 2012 and 2.9pc in 2013. The projection for 2012 is down from 2.8pc forecast last [...]]]></description>
		<wfw:commentRss>http://www.realdeal.hu/20120514/eu-cuts-back-hungary-deficit-forecast-for-2012-2013-as-gov%e2%80%99t-enacts-raft-of-new-taxes/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Gov’t wants new tax system in place by start of 2013, says senior Fidesz MP</title>
		<link>http://www.realdeal.hu/20120514/gov%e2%80%99t-wants-new-tax-system-in-place-by-start-of-2013-says-senior-fidesz-mp/</link>
		<comments>http://www.realdeal.hu/20120514/gov%e2%80%99t-wants-new-tax-system-in-place-by-start-of-2013-says-senior-fidesz-mp/#comments</comments>
		<pubDate>Mon, 14 May 2012 07:41:14 +0000</pubDate>
		<dc:creator>MTI Econews</dc:creator>
				<category><![CDATA[Briefs]]></category>
		<category><![CDATA[Economy]]></category>

		<guid isPermaLink="false">http://www.realdeal.hu/?p=11032</guid>
		<description><![CDATA[Hungary is committed to creating a tax system by the beginning of next year that one can count on over the long term, Parliament’s Economy and IT Committee Chairman Antal Rogan said at the annual general meeting of the German-Hungarian Chamber of Industry and Commerce on Thursday evening. Mr Rogan, who serves as a Member [...]]]></description>
		<wfw:commentRss>http://www.realdeal.hu/20120514/gov%e2%80%99t-wants-new-tax-system-in-place-by-start-of-2013-says-senior-fidesz-mp/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Varga to replace Fellegi as chief bailout negotiator amid wider government shake-up</title>
		<link>http://www.realdeal.hu/20120511/varga-to-replace-fellegi-as-chief-negotiator-at-imf-eu-talks/</link>
		<comments>http://www.realdeal.hu/20120511/varga-to-replace-fellegi-as-chief-negotiator-at-imf-eu-talks/#comments</comments>
		<pubDate>Fri, 11 May 2012 08:27:16 +0000</pubDate>
		<dc:creator>MTI Econews</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[Showthumb]]></category>
		<category><![CDATA[politics]]></category>

		<guid isPermaLink="false">http://www.realdeal.hu/?p=11023</guid>
		<description><![CDATA[Mihaly Varga will replace Tamas Fellegi as Hungary’s chief negotiator in talks on precautionary financial assistance from the International Monetary Fund and the European Union, Prime Minister Viktor Orban said on public radio on Friday. Mr Varga, who is state secretary for the Prime Minister’s Office, will take over from Mr Fellegi from June 1 [...]]]></description>
		<wfw:commentRss>http://www.realdeal.hu/20120511/varga-to-replace-fellegi-as-chief-negotiator-at-imf-eu-talks/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Hungary consumer price increase picks up to 5.7% in April</title>
		<link>http://www.realdeal.hu/20120511/hungary-consumer-price-increase-picks-up-to-5-7-in-april/</link>
		<comments>http://www.realdeal.hu/20120511/hungary-consumer-price-increase-picks-up-to-5-7-in-april/#comments</comments>
		<pubDate>Fri, 11 May 2012 08:25:07 +0000</pubDate>
		<dc:creator>MTI Econews</dc:creator>
				<category><![CDATA[Briefs]]></category>
		<category><![CDATA[Economy]]></category>

		<guid isPermaLink="false">http://www.realdeal.hu/?p=11020</guid>
		<description><![CDATA[Consumer prices in Hungary rose 5.7pc yr/yr in April, accelerating from 5.5pc yr/yr in March, the Central Statistics Office (KSH) said on Friday. Consumer prices rose 0.8pc on the month, by the same monthly pace as in February and in March. The twelve-month CPI exceeded expectations: London emerging market analysts forecast the twelve-month rate between [...]]]></description>
		<wfw:commentRss>http://www.realdeal.hu/20120511/hungary-consumer-price-increase-picks-up-to-5-7-in-april/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>OTP Bank head Csányi loses HUF 20 billion but remains wealthiest Hungarian</title>
		<link>http://www.realdeal.hu/20120511/otp-bank-head-csanyi-loses-huf-20-billion-but-remains-wealthiest-hungarian/</link>
		<comments>http://www.realdeal.hu/20120511/otp-bank-head-csanyi-loses-huf-20-billion-but-remains-wealthiest-hungarian/#comments</comments>
		<pubDate>Fri, 11 May 2012 08:23:15 +0000</pubDate>
		<dc:creator>Hungary Around the Clock</dc:creator>
				<category><![CDATA[Showthumb]]></category>
		<category><![CDATA[Uncategorized]]></category>

		<guid isPermaLink="false">http://www.realdeal.hu/?p=11010</guid>
		<description><![CDATA[OTP Bank chairman and CEO Sándor Csányi is again Hungary’s richest person in 2012 with assets of Ft 135 billion, down from Ft 155 billion in 2011, according to Napi Gazdaság’s annual list of the 100 wealthiest Hungarians. Csányi topped the list in 2005, 2006, and again last year. Runner-up and moving up one notch [...]]]></description>
		<wfw:commentRss>http://www.realdeal.hu/20120511/otp-bank-head-csanyi-loses-huf-20-billion-but-remains-wealthiest-hungarian/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Ministry cites utilities liable to pay new 30% corporate tax</title>
		<link>http://www.realdeal.hu/20120511/ministry-cites-utilities-liable-to-pay-new-30-corporate-tax/</link>
		<comments>http://www.realdeal.hu/20120511/ministry-cites-utilities-liable-to-pay-new-30-corporate-tax/#comments</comments>
		<pubDate>Fri, 11 May 2012 08:20:34 +0000</pubDate>
		<dc:creator>MTI Econews</dc:creator>
				<category><![CDATA[Briefs]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[politics]]></category>

		<guid isPermaLink="false">http://www.realdeal.hu/?p=11018</guid>
		<description><![CDATA[Utilities, such as universal service providers among electricity and natural gas distributors, water and sewage system operators and household waste management companies will have to pay a 30pc corporate tax, the Ministry of National Economy told MTI on Thursday. MTI asked the ministry to clarify what companies have to pay a new 30pc corporate tax [...]]]></description>
		<wfw:commentRss>http://www.realdeal.hu/20120511/ministry-cites-utilities-liable-to-pay-new-30-corporate-tax/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Brussels to launch infringement action against Hungary over state “cafeteria” vouchers, says state secretary</title>
		<link>http://www.realdeal.hu/20120511/brussels-to-launch-infringement-action-against-hungary-over-state-%e2%80%9ccafeteria%e2%80%9d-vouchers/</link>
		<comments>http://www.realdeal.hu/20120511/brussels-to-launch-infringement-action-against-hungary-over-state-%e2%80%9ccafeteria%e2%80%9d-vouchers/#comments</comments>
		<pubDate>Fri, 11 May 2012 08:15:50 +0000</pubDate>
		<dc:creator>MTI Econews</dc:creator>
				<category><![CDATA[Briefs]]></category>
		<category><![CDATA[Economy]]></category>
		<category><![CDATA[politics]]></category>

		<guid isPermaLink="false">http://www.realdeal.hu/?p=11014</guid>
		<description><![CDATA[National Economy Ministry State Secretary Kristof Szatmary said on Thursday that the European Union will launch an infringement procedure against Hungary regarding the SZEP card, a food and recreation voucher system the country introduced at the start of the year. &#8220;We will go through with this debate,&#8221; Mr Szatmary said at the meeting of the [...]]]></description>
		<wfw:commentRss>http://www.realdeal.hu/20120511/brussels-to-launch-infringement-action-against-hungary-over-state-%e2%80%9ccafeteria%e2%80%9d-vouchers/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Banking Association says gov’t broke deal with new tax</title>
		<link>http://www.realdeal.hu/20120510/banking-association-says-gov%e2%80%99t-broke-deal-with-new-tax/</link>
		<comments>http://www.realdeal.hu/20120510/banking-association-says-gov%e2%80%99t-broke-deal-with-new-tax/#comments</comments>
		<pubDate>Thu, 10 May 2012 08:11:47 +0000</pubDate>
		<dc:creator>MTI Econews</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[Showthumb]]></category>

		<guid isPermaLink="false">http://www.realdeal.hu/?p=11002</guid>
		<description><![CDATA[The government has violated its pact with the Banking Association by introducing a new tax on financial transactions, the Banking Association told MTI in a statement on Wednesday. Economy Minister Gyorgy Matolcsy announced on Wednesday that the government would introduce new taxes, including a tax on financial transactions set at 0.1 percent of transactions and [...]]]></description>
		<wfw:commentRss>http://www.realdeal.hu/20120510/banking-association-says-gov%e2%80%99t-broke-deal-with-new-tax/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Magyar Telekom CEO raises doubts about new telco tax plan</title>
		<link>http://www.realdeal.hu/20120510/magyar-telekom-ceo-raises-doubts-about-new-telco-tax-plan/</link>
		<comments>http://www.realdeal.hu/20120510/magyar-telekom-ceo-raises-doubts-about-new-telco-tax-plan/#comments</comments>
		<pubDate>Thu, 10 May 2012 08:08:47 +0000</pubDate>
		<dc:creator>MTI Econews</dc:creator>
				<category><![CDATA[Briefs]]></category>
		<category><![CDATA[Business]]></category>

		<guid isPermaLink="false">http://www.realdeal.hu/?p=11007</guid>
		<description><![CDATA[The new phone-call tax may not conform with EU rules, Magyar Telekom’s chief executive Christopher Mattheisen said on Thursday. Mattheisen told a news conference the 2-forint-per-minute levy appeared to be a corporate rather than a consumption tax. He said the tax, similar to the crisis tax which is to be phased out in 2013, would [...]]]></description>
		<wfw:commentRss>http://www.realdeal.hu/20120510/magyar-telekom-ceo-raises-doubts-about-new-telco-tax-plan/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Matolcsy says forthcoming IMF/EU talks may cover taxes</title>
		<link>http://www.realdeal.hu/20120510/matolcsy-says-forthcoming-imfeu-talks-will-cover-taxes/</link>
		<comments>http://www.realdeal.hu/20120510/matolcsy-says-forthcoming-imfeu-talks-will-cover-taxes/#comments</comments>
		<pubDate>Thu, 10 May 2012 08:05:08 +0000</pubDate>
		<dc:creator>MTI</dc:creator>
				<category><![CDATA[Briefs]]></category>
		<category><![CDATA[Economy]]></category>

		<guid isPermaLink="false">http://www.realdeal.hu/?p=11005</guid>
		<description><![CDATA[Hungary’s talks with international lenders are expected to begin soon and could cover any area including new taxes introduced by the government, Gyorgy Matolcsy, the economy minister, told a press conference on Wednesday. &#8220;This is the right approach, talks should involve everything,&#8221; he said, adding that first reactions (to the government’s recent measures) from international [...]]]></description>
		<wfw:commentRss>http://www.realdeal.hu/20120510/matolcsy-says-forthcoming-imfeu-talks-will-cover-taxes/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Latest survey shows Budapest property market still in hibernation</title>
		<link>http://www.realdeal.hu/20120510/latest-survey-shows-budapest-property-market-still-in-hibernation/</link>
		<comments>http://www.realdeal.hu/20120510/latest-survey-shows-budapest-property-market-still-in-hibernation/#comments</comments>
		<pubDate>Thu, 10 May 2012 08:05:00 +0000</pubDate>
		<dc:creator>MTI Econews</dc:creator>
				<category><![CDATA[Briefs]]></category>
		<category><![CDATA[Economy]]></category>
		<category><![CDATA[Property]]></category>
		<category><![CDATA[property]]></category>

		<guid isPermaLink="false">http://www.realdeal.hu/?p=10999</guid>
		<description><![CDATA[The Budapest Property Market Index, a quarterly measure of supply and demand as well as the expectations of market players, measured 92.8 points in April, edging down 0.8 points from a quarter earlier, economic research institute GKI said on Thursday. Six months earlier, in October 2011, the index plunged 11 points to 92 points. Since [...]]]></description>
		<wfw:commentRss>http://www.realdeal.hu/20120510/latest-survey-shows-budapest-property-market-still-in-hibernation/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Hungary’s “Tobin” tax</title>
		<link>http://www.realdeal.hu/20120510/hungary%e2%80%99s-%e2%80%9ctobin%e2%80%9d-tax/</link>
		<comments>http://www.realdeal.hu/20120510/hungary%e2%80%99s-%e2%80%9ctobin%e2%80%9d-tax/#comments</comments>
		<pubDate>Thu, 10 May 2012 07:11:07 +0000</pubDate>
		<dc:creator>All Hungary News</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[Link]]></category>
		<category><![CDATA[public finances]]></category>

		<guid isPermaLink="false">http://www.realdeal.hu/?p=10996</guid>
		<description><![CDATA[A Hungarian – so goes the old, oft-told joke – is someone who enters a revolving door behind you but contrives to get out first. These days it seems a Hungarian government is one that withdraws a tax as you go in the door but has a new one ready when you come out. And [...]]]></description>
		<wfw:commentRss>http://www.realdeal.hu/20120510/hungary%e2%80%99s-%e2%80%9ctobin%e2%80%9d-tax/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Hungary levies new taxes on financial transactions, insurance and phone calls as gov&#8217;t struggles to reign in budget deficit</title>
		<link>http://www.realdeal.hu/20120509/hungary-levies-new-taxes-on-financial-transactions-insurance-and-phone-calls-as-govt-struggles-to-reign-in-budget-deficit/</link>
		<comments>http://www.realdeal.hu/20120509/hungary-levies-new-taxes-on-financial-transactions-insurance-and-phone-calls-as-govt-struggles-to-reign-in-budget-deficit/#comments</comments>
		<pubDate>Wed, 09 May 2012 14:19:17 +0000</pubDate>
		<dc:creator>MTI Econews</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[Showthumb]]></category>

		<guid isPermaLink="false">http://www.realdeal.hu/?p=10986</guid>
		<description><![CDATA[Hungary&#8217;s government approved the introduction of new taxes on telephone calls, on financial transactions and on insurance products at a cabinet meeting on Wednesday, government spokesman Andras Giro-Szasz said. The taxes were outlined two weeks earlier in the Szell Kalman Plan 2.0, an updated version of a structural reform programme launched more than a year [...]]]></description>
		<wfw:commentRss>http://www.realdeal.hu/20120509/hungary-levies-new-taxes-on-financial-transactions-insurance-and-phone-calls-as-govt-struggles-to-reign-in-budget-deficit/feed/</wfw:commentRss>
		<slash:comments>4</slash:comments>
		</item>
		<item>
		<title>Hungary out to boost domestic retail bond sales in drive to cut debt owned by foreign investors</title>
		<link>http://www.realdeal.hu/20120509/hungary-out-to-boost-domestic-retail-bond-sales-in-drive-to-cut-debt-owned-by-foreign-investors/</link>
		<comments>http://www.realdeal.hu/20120509/hungary-out-to-boost-domestic-retail-bond-sales-in-drive-to-cut-debt-owned-by-foreign-investors/#comments</comments>
		<pubDate>Wed, 09 May 2012 08:36:50 +0000</pubDate>
		<dc:creator>MTI</dc:creator>
				<category><![CDATA[Briefs]]></category>
		<category><![CDATA[Economy]]></category>

		<guid isPermaLink="false">http://www.realdeal.hu/?p=10981</guid>
		<description><![CDATA[The government debt manager (AKK) said it plans to boost domestic government bond sales with a view to depressing the ratio of Hungarian national debt owned by foreign investors. The AKK said in a statement that it had introduced new products, made prices more competitive, simplified the purchasing procedures and launched a marketing programme. Public [...]]]></description>
		<wfw:commentRss>http://www.realdeal.hu/20120509/hungary-out-to-boost-domestic-retail-bond-sales-in-drive-to-cut-debt-owned-by-foreign-investors/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>Hungarian business chamber urges gov’t to speed up structural reforms</title>
		<link>http://www.realdeal.hu/20120509/hungarian-business-chamber-urges-gov%e2%80%99t-to-speed-up-structural-reforms/</link>
		<comments>http://www.realdeal.hu/20120509/hungarian-business-chamber-urges-gov%e2%80%99t-to-speed-up-structural-reforms/#comments</comments>
		<pubDate>Wed, 09 May 2012 08:23:20 +0000</pubDate>
		<dc:creator>MTI Econews</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[Showthumb]]></category>

		<guid isPermaLink="false">http://www.realdeal.hu/?p=10975</guid>
		<description><![CDATA[Hungary’s government has started structural reforms in the right areas, but the pace of implementation could be speeded up, Hungarian Chamber of Commerce and Industry (MKIK) chairman Laszlo Parragh told MTI. Mr Parragh said structural reforms often require the tools of a &#8220;front-line medic&#8221;, adding that Hungary’s return to the right path from longtime, deeply [...]]]></description>
		<wfw:commentRss>http://www.realdeal.hu/20120509/hungarian-business-chamber-urges-gov%e2%80%99t-to-speed-up-structural-reforms/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Competition watchdog fines railway companies for price-fixing</title>
		<link>http://www.realdeal.hu/20120509/competition-watchdog-fines-railway-companies-for-price-fixing/</link>
		<comments>http://www.realdeal.hu/20120509/competition-watchdog-fines-railway-companies-for-price-fixing/#comments</comments>
		<pubDate>Wed, 09 May 2012 08:15:55 +0000</pubDate>
		<dc:creator>MTI Econews</dc:creator>
				<category><![CDATA[Briefs]]></category>
		<category><![CDATA[Business]]></category>

		<guid isPermaLink="false">http://www.realdeal.hu/?p=10979</guid>
		<description><![CDATA[Hungary’s Competition Office (GVH) on Tuesday said it fined state-owned-railway company MAV, regional railway company GYSEV and Rail Cargo Hungaria a combined HUF 1.25bn for cartel activity. GVH established that the companies had colluded when setting prices. It also found that GYSEV and Rail Cargo Hungaria participated in cartel activity when they signed a framework [...]]]></description>
		<wfw:commentRss>http://www.realdeal.hu/20120509/competition-watchdog-fines-railway-companies-for-price-fixing/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>State takes direct control of Eximbank, Mehib</title>
		<link>http://www.realdeal.hu/20120509/state-takes-direct-control-of-eximbank-mehib/</link>
		<comments>http://www.realdeal.hu/20120509/state-takes-direct-control-of-eximbank-mehib/#comments</comments>
		<pubDate>Wed, 09 May 2012 08:07:55 +0000</pubDate>
		<dc:creator>MTI Econews</dc:creator>
				<category><![CDATA[Briefs]]></category>
		<category><![CDATA[Business]]></category>

		<guid isPermaLink="false">http://www.realdeal.hu/?p=10972</guid>
		<description><![CDATA[Parliament on Tuesday approved a bill that allows the national economy minister to exercise ownership rights over the Hungarian Export-Import Bank (Eximbank) and the Hungarian Export Credit Insurance Company (Mehib). The bill was passed using an extraordinary urgent debate process that was approved in amendments to house rules last December. It was the first time [...]]]></description>
		<wfw:commentRss>http://www.realdeal.hu/20120509/state-takes-direct-control-of-eximbank-mehib/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>Hungary foreign trade slips further in March</title>
		<link>http://www.realdeal.hu/20120509/hungary-foreign-trade-slips-further-in-march/</link>
		<comments>http://www.realdeal.hu/20120509/hungary-foreign-trade-slips-further-in-march/#comments</comments>
		<pubDate>Wed, 09 May 2012 07:45:54 +0000</pubDate>
		<dc:creator>MTI Econews</dc:creator>
				<category><![CDATA[Briefs]]></category>
		<category><![CDATA[Economy]]></category>

		<guid isPermaLink="false">http://www.realdeal.hu/?p=10970</guid>
		<description><![CDATA[Hungary’s exports fell in March in the second yr/yr drop in a row, bringing Q1 exports down. March imports were practically unchanged in euro terms, preliminary figures published by the Central Statistics Office (KSH) on Wednesday show. Hungary had a EUR 608.2m trade surplus in March, down from EUR 691.2m in February and down from [...]]]></description>
		<wfw:commentRss>http://www.realdeal.hu/20120509/hungary-foreign-trade-slips-further-in-march/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Bosch Hungary moves some production to Romania as local unit shifts focus to complex parts</title>
		<link>http://www.realdeal.hu/20120509/bosch-hungary-moves-some-production-to-romania-as-local-unit-shifts-focus-to-complex-parts/</link>
		<comments>http://www.realdeal.hu/20120509/bosch-hungary-moves-some-production-to-romania-as-local-unit-shifts-focus-to-complex-parts/#comments</comments>
		<pubDate>Wed, 09 May 2012 07:30:57 +0000</pubDate>
		<dc:creator>Hungary Around the Clock</dc:creator>
				<category><![CDATA[Briefs]]></category>
		<category><![CDATA[Business]]></category>

		<guid isPermaLink="false">http://www.realdeal.hu/?p=10968</guid>
		<description><![CDATA[Auto parts company Bosch is moving production of its less sophisticated control units from Hatvan, in Heves county, to Cluj-Napoca, Romania, where it is building a new factory for car control unit production. With this new factory, Bosch’s capacities will expand, and production in Hatvan will focus exclusively on more complex units, spokesman Ferenc Ficzere [...]]]></description>
		<wfw:commentRss>http://www.realdeal.hu/20120509/bosch-hungary-moves-some-production-to-romania-as-local-unit-shifts-focus-to-complex-parts/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Billboard business offers billion-forint advertisement for benefits of political connections in Hungary</title>
		<link>http://www.realdeal.hu/20120508/billboard-business-offers-billion-forint-advertisement-for-benefits-of-political-connections-in-hungary/</link>
		<comments>http://www.realdeal.hu/20120508/billboard-business-offers-billion-forint-advertisement-for-benefits-of-political-connections-in-hungary/#comments</comments>
		<pubDate>Tue, 08 May 2012 12:48:00 +0000</pubDate>
		<dc:creator>Realdeal</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[politics]]></category>

		<guid isPermaLink="false">http://www.realdeal.hu/?p=10958</guid>
		<description><![CDATA[As in most of the rest of the world, the market for outdoor advertisements in Hungary is not enjoying its best years. But one such firm seems to be doing very well. According to Origo.hu, an outdoor advertising company owned by two prominent businessmen closely affiliated with the Fidesz government piled up over HUF 1 [...]]]></description>
		<wfw:commentRss>http://www.realdeal.hu/20120508/billboard-business-offers-billion-forint-advertisement-for-benefits-of-political-connections-in-hungary/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>IMF reportedly demanding government change income tax, lift shopping mall ban in exchange for new bailout</title>
		<link>http://www.realdeal.hu/20120508/imf-reportedly-demanding-government-change-income-tax-lift-shopping-mall-ban-in-exchange-for-new-bailout/</link>
		<comments>http://www.realdeal.hu/20120508/imf-reportedly-demanding-government-change-income-tax-lift-shopping-mall-ban-in-exchange-for-new-bailout/#comments</comments>
		<pubDate>Tue, 08 May 2012 11:43:59 +0000</pubDate>
		<dc:creator>All Hungary News</dc:creator>
				<category><![CDATA[Briefs]]></category>
		<category><![CDATA[Economy]]></category>
		<category><![CDATA[Link]]></category>
		<category><![CDATA[public finance]]></category>

		<guid isPermaLink="false">http://www.realdeal.hu/?p=10950</guid>
		<description><![CDATA[Hungary will face demands from the International Monetary Fund and the European Commission to change its “flat” income tax system in return for aid, Nepszabadsag reported, citing an unidentified government member.]]></description>
		<wfw:commentRss>http://www.realdeal.hu/20120508/imf-reportedly-demanding-government-change-income-tax-lift-shopping-mall-ban-in-exchange-for-new-bailout/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Tópark saga continues as contractor for stalled mega-project goes into liquidation</title>
		<link>http://www.realdeal.hu/20120508/topark-building-contractor-goes-into-liquidation/</link>
		<comments>http://www.realdeal.hu/20120508/topark-building-contractor-goes-into-liquidation/#comments</comments>
		<pubDate>Tue, 08 May 2012 11:14:51 +0000</pubDate>
		<dc:creator>Realdeal</dc:creator>
				<category><![CDATA[Property]]></category>
		<category><![CDATA[property: commercial]]></category>
		<category><![CDATA[property: residential]]></category>

		<guid isPermaLink="false">http://www.realdeal.hu/?p=10927</guid>
		<description><![CDATA[DGB Kft, the general contractor for the Tópark mixed-use project on the outskirts of Budapest, has gone into liquidation, about a year-and-a-half after work on the mega-development that was once awash with high expectation was halted due to financing problems. Eurohypo Bank, which bankrolled the project with EUR 130 million, stopped disbursements to the developers [...]]]></description>
		<wfw:commentRss>http://www.realdeal.hu/20120508/topark-building-contractor-goes-into-liquidation/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>PM vows to do more to cut business red tape</title>
		<link>http://www.realdeal.hu/20120508/pm-vows-to-do-more-to-cut-business-red-tape/</link>
		<comments>http://www.realdeal.hu/20120508/pm-vows-to-do-more-to-cut-business-red-tape/#comments</comments>
		<pubDate>Tue, 08 May 2012 08:23:25 +0000</pubDate>
		<dc:creator>MTI</dc:creator>
				<category><![CDATA[Briefs]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[politics]]></category>

		<guid isPermaLink="false">http://www.realdeal.hu/?p=10924</guid>
		<description><![CDATA[The government has to adopt further programmes to promote businesses by reducing bureaucracy, Hungary Prime Minister Viktor Orban told Parliament in response to an opposition lawmaker’s question. &#8220;The government has done a lot, but not enough,&#8221; Orban said, citing cutting the profit tax of small businesses to 10 percent, the elimination of 10 minor taxes [...]]]></description>
		<wfw:commentRss>http://www.realdeal.hu/20120508/pm-vows-to-do-more-to-cut-business-red-tape/feed/</wfw:commentRss>
		<slash:comments>6</slash:comments>
		</item>
		<item>
		<title>IMF deal expected to be EUR 15 billion over 3 years, says gov’t official</title>
		<link>http://www.realdeal.hu/20120508/imf-deal-expected-to-be-eur-15-billion-over-3-years-says-gov%e2%80%99t-official/</link>
		<comments>http://www.realdeal.hu/20120508/imf-deal-expected-to-be-eur-15-billion-over-3-years-says-gov%e2%80%99t-official/#comments</comments>
		<pubDate>Tue, 08 May 2012 08:09:59 +0000</pubDate>
		<dc:creator>MTI</dc:creator>
				<category><![CDATA[Briefs]]></category>
		<category><![CDATA[Economy]]></category>
		<category><![CDATA[public finances]]></category>

		<guid isPermaLink="false">http://www.realdeal.hu/?p=10922</guid>
		<description><![CDATA[The government wants to agree a financial backstop with the IMF and EU for three years worth 15 billion euros, Mihaly Varga, the prime ministerial state secretary, told a commercial television station on Monday. &#8220;We should agree on a three-year precautionary arrangement worth around 15 billion euros,&#8221; Varga told TV2. He said the size of [...]]]></description>
		<wfw:commentRss>http://www.realdeal.hu/20120508/imf-deal-expected-to-be-eur-15-billion-over-3-years-says-gov%e2%80%99t-official/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
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		<item>
		<title>Gov’t agency files misappropriation charges against AXA, Erste and Aegon</title>
		<link>http://www.realdeal.hu/20120508/gov%e2%80%99t-agency-files-misappropriation-charges-against-axa-erste-and-aegon/</link>
		<comments>http://www.realdeal.hu/20120508/gov%e2%80%99t-agency-files-misappropriation-charges-against-axa-erste-and-aegon/#comments</comments>
		<pubDate>Tue, 08 May 2012 08:00:36 +0000</pubDate>
		<dc:creator>MTI Econews</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Showthumb]]></category>

		<guid isPermaLink="false">http://www.realdeal.hu/?p=10919</guid>
		<description><![CDATA[The Government Control Office (KEHI) has filed nine separate charges against three private pension funds operated by AXA, Erste and Aegon, chairman Szabolcs Barna Gaal told journalists on Monday. Unnecessary operating expenditures by private pension funds and yields that failed to materialise add up to HUF 850bn, pension protection commissioner Gabriella Selmeczi said at a [...]]]></description>
		<wfw:commentRss>http://www.realdeal.hu/20120508/gov%e2%80%99t-agency-files-misappropriation-charges-against-axa-erste-and-aegon/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>Telcos claim gov’t per-minute phone tax would be “unpredictable revenue source”</title>
		<link>http://www.realdeal.hu/20120508/telcos-claim-gov%e2%80%99t-per-minute-phone-tax-would-be-%e2%80%9cunpredictable-revenue-source%e2%80%9d/</link>
		<comments>http://www.realdeal.hu/20120508/telcos-claim-gov%e2%80%99t-per-minute-phone-tax-would-be-%e2%80%9cunpredictable-revenue-source%e2%80%9d/#comments</comments>
		<pubDate>Tue, 08 May 2012 07:53:27 +0000</pubDate>
		<dc:creator>MTI Econews</dc:creator>
				<category><![CDATA[Briefs]]></category>
		<category><![CDATA[Business]]></category>

		<guid isPermaLink="false">http://www.realdeal.hu/?p=10917</guid>
		<description><![CDATA[The per-minute telephone tax would not provide a predictable revenue source for the central budget, while it would substantially change people’s phone habits, as a result of which it would not provide the expected tax revenue and would also reduce VAT revenue from phone services, Magyar Telekom, Telenor Magyarorszag and Vodafone Magyarorszag said in a [...]]]></description>
		<wfw:commentRss>http://www.realdeal.hu/20120508/telcos-claim-gov%e2%80%99t-per-minute-phone-tax-would-be-%e2%80%9cunpredictable-revenue-source%e2%80%9d/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>April surplus scales back Hungary four-month general gov&#8217;t deficit to 40% of full-year target</title>
		<link>http://www.realdeal.hu/20120508/april-surplus-scales-back-hungary-four-month-general-govt-deficit-to-40-of-full-year-target/</link>
		<comments>http://www.realdeal.hu/20120508/april-surplus-scales-back-hungary-four-month-general-govt-deficit-to-40-of-full-year-target/#comments</comments>
		<pubDate>Tue, 08 May 2012 07:51:01 +0000</pubDate>
		<dc:creator>MTI Econews</dc:creator>
				<category><![CDATA[Briefs]]></category>
		<category><![CDATA[Economy]]></category>

		<guid isPermaLink="false">http://www.realdeal.hu/?p=10915</guid>
		<description><![CDATA[Hungary’s the general government, excluding local councils, had a cash flow-based surplus of HUF 289.3bn in April, the National Economy Ministry said on Monday. The April surplus reduced the deficit in the first four months to HUF 228.2bn or to 39.6pc of the target for the full year. The deficit reached almost 90pc of the [...]]]></description>
		<wfw:commentRss>http://www.realdeal.hu/20120508/april-surplus-scales-back-hungary-four-month-general-govt-deficit-to-40-of-full-year-target/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Hungary industrial output drops 1.6% year over year in March</title>
		<link>http://www.realdeal.hu/20120508/hungary-industrial-output-drops-1-6-year-over-year-in-march/</link>
		<comments>http://www.realdeal.hu/20120508/hungary-industrial-output-drops-1-6-year-over-year-in-march/#comments</comments>
		<pubDate>Tue, 08 May 2012 07:40:49 +0000</pubDate>
		<dc:creator>MTI Econews</dc:creator>
				<category><![CDATA[Briefs]]></category>
		<category><![CDATA[Economy]]></category>

		<guid isPermaLink="false">http://www.realdeal.hu/?p=10913</guid>
		<description><![CDATA[Hungary’s industrial output was down 1.6pc yr/yr in March according to unadjusted figures and rose 0.6pc according to workday-adjusted figures, the Central Statistics Office (KSH) said in a first reading on Tuesday. Output rose 0.6pc m/m according to seasonally and workday-adjusted figures after a downward revised 0.2pc monthly decline in February. January-March output was down [...]]]></description>
		<wfw:commentRss>http://www.realdeal.hu/20120508/hungary-industrial-output-drops-1-6-year-over-year-in-march/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Dubai investor buys five-star Budapest Le Meridien hotel for reported USD 80 milllion</title>
		<link>http://www.realdeal.hu/20120508/dubai-investor-buys-le-meridien-budapest/</link>
		<comments>http://www.realdeal.hu/20120508/dubai-investor-buys-le-meridien-budapest/#comments</comments>
		<pubDate>Tue, 08 May 2012 07:26:24 +0000</pubDate>
		<dc:creator>Hungary Around the Clock</dc:creator>
				<category><![CDATA[Property]]></category>
		<category><![CDATA[Showthumb]]></category>
		<category><![CDATA[property: hotels and resorts]]></category>

		<guid isPermaLink="false">http://www.realdeal.hu/?p=10906</guid>
		<description><![CDATA[Dubai group Al Habtoor purchased the five-star Budapest Le Meridien hotel, in a contract signed in Budapest on Monday. Chairman Khalaf Ahmed Habtoor said they are planning for the long term in Hungary and may purchase further hotels or development sites. He neither confirmed nor denied the reported $80 million purchase price. According to Nimrod [...]]]></description>
		<wfw:commentRss>http://www.realdeal.hu/20120508/dubai-investor-buys-le-meridien-budapest/feed/</wfw:commentRss>
		<slash:comments>10</slash:comments>
		</item>
		<item>
		<title>Forced liquidations surge 28% in April</title>
		<link>http://www.realdeal.hu/20120507/forced-liquidations-surge-28-in-april/</link>
		<comments>http://www.realdeal.hu/20120507/forced-liquidations-surge-28-in-april/#comments</comments>
		<pubDate>Mon, 07 May 2012 09:09:46 +0000</pubDate>
		<dc:creator>MTI Econews</dc:creator>
				<category><![CDATA[Briefs]]></category>
		<category><![CDATA[Economy]]></category>

		<guid isPermaLink="false">http://www.realdeal.hu/?p=10903</guid>
		<description><![CDATA[The number of mandatory liquidation procedures initiated against Hungarian companies came to 1,796 in April, up 28pc from a year earlier, company information provider Opten told MTI. The number of liquidations was 7.7pc below the average in the first quarter. The number of voluntary liquidations jumped, however 48pc from a year earlier to 3,307 in [...]]]></description>
		<wfw:commentRss>http://www.realdeal.hu/20120507/forced-liquidations-surge-28-in-april/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
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