Hungary

Hungary burns old notes to warm the needy

9 Feb 2012

MISKOLC, Hungary (AFP) - Hungary's central bank is pulping wads of old notes into briquettes to help heat needy humanitarian organisations, a gesture that has warmed many bodies and hearts amid a deadly cold snap. Related Stories South Korean president arrives in Qatar Putin supporters to bring 200,000 onto streets: Official Putin has 'exhausted' his potential: Gorbachev Germany forced to tap ...

UPDATE 1-Hungary aims to curb fallout from Malev collapse

9 Feb 2012

* Govt liability could reach hundreds of billions of forints * Govt in talks with airport owners, management for deal * Airport stripped of 1.5 mln transit passengers a year (Adds detail, airport statement) ...

Hungary suffers as Nokia announces big layoffs

9 Feb 2012

KOMAROM, HUNGARY: Veronika Szalai had just graduated from elementary school when Nokia, the Finnish phone maker, opened a factory by the Danube in Komarom. The 27-year-old, who has worked here for years, now faces unemployment as the company implements major layoffs.