Wednesday, September 05, 2012

Interesting Tidbits

Each weekday, I get a digest of Hungarian news translated to English by All Hungary Media Group. Sometimes the contradictions of what is in the new is laughable. Yes, I do read some US news online too, but they just have not gotten the knack of compiling it as humorously.

This first one is not so funny...
Californian Hungarian winemaker revealed as owner of far-right website
A Hungarian winemaker living in California has been identified by a Hungarian whistleblower website as the owner of the far-right news site, according to an article posted on on Tuesday.

These two however, make me scratch my head in wonderment.

Hungary slips to 60th place in WEF global competitiveness survey
Hungary slipped to 60th place in a ranking of 144 countries based on competitiveness compiled by the World Economic Forum and published Wednesday. Hungary ranked 48th of 142 countries on the World Economic Forum’s 2011-2012 Global Competitiveness Index...
At the top of a list of the most problematic factors for doing business in Hungary was “policy instability”, followed by “access to financing”, “tax rates”, “tax regulations” and “inefficient government bureaucracy”, the World Economic Forum said.

Civil effort underway to launch new Hungarian national air carrier
Hungary’s Civil Society for the Establishment of a New Hungarian Airline hopes to wind up talks with Asian, Arab and European investors and lenders by December, Peter Leavai, who heads the initiative that seeks to replace failed national carrier Malev, told

The airline, dubbed Hungarian World Airways, is expected to carry 10m passengers in its first year, generating USD 9bn, said. It targets profit of USD 260m by its third year, the website of business weekly HVG added.

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