Budapest

Hungary says gas crisis gives European pipeline project a boost

Hungary says gas crisis gives European pipeline project a boost Budapest  - The ongoing gas supply crisis caused by the row between Ukraine and Russia over pricing could be provide a timely shot in the arm for the Nabucco gas pipeline project, Hungary's ambassador for the project said on Friday.

The planned Nabucco pipeline, favoured by the EU and the US, would bring gas from the Middle East and Central Asia through Turkey and the Balkans into Austria, cutting Russia out of the supply chain.

Bosch axes 250 jobs at Hungarian plant

Bosch axes 250 jobs at Hungarian plantBudapest  - The German engineering firm Bosch announced on Thursday that it is cutting 250 jobs at its largest Hungarian plant due to falling orders.

"Since the end of last year, Bosch's largest Hungarian automotive plant has been faced with ever smaller orders from its partners as a result of the crisis in the automotive industry that began last year," Zsuzsanna Kukaj, spokeswoman for Bosch Hungary, told the local news agency MTI

The job cuts will take effect in February. The number of shifts at the plant will be cut from four to three, Kukaj added.

Hungary lifts gas restrictions, offers help to Slovakia

Hungary FlagBudapest - Hungary has lifted its restrictions on domestic gas use, Energy Minister Csaba Molnar said on Thursday, despite its main supply route staying closed in the ongoing row between Ukraine and Russia over pricing.

Molnar also confirmed that the Hungarian energy company MOL is ready to deliver 1 to 1.5 million cubic metres of gas to Slovakia, if needed.

In addition, Hungary has offered to supply electricity to its northern neighbour, the minister said.

Budapest's new smog alert measures fail first test

Budapest's new smog alert measures fail first test Budapest  - Thousands of motorists chose to ignore an order to stay of the roads on Monday, the first working day since Budapest issued a full scale smog alert that should have cut traffic by half.

The smog alert was issued on Sunday morning, bringing into effect Budapest City Council regulations passed in December that ban half of cars from the roads.

While an alert is in force on a odd numbered date, only cars with an odd registration number can drive in Budapest. On an even numbered day, only even numbered cars can drive in the city. That, at least, is the theory.

Half of cars barred from Budapest in emergency smog alert

Budapest  - The mayor of Budapest on Sunday issued the capital's first full-scale smog alert since new legislation was passed in December, triggering an automatic ban for almost half of all private vehicles.

As the smog alert was issued on an odd date, only vehicles with odd-numbered registration plates were permitted on the roads of the Hungarian capital on Sunday.

"Prime Minister Ferenc Gyurcsany asks that ministries and state authorities adhere strictly to the smog alert ordinances," said government spokesman David Daroczi.

"Police are stopping traffic at roads into the capital and major junctions in order to warn drivers," said police spokeswoman Eva Tafferner.

Hungary sends gas to stricken Bosnia, Croatia

HungaryBudapest - Hungary is to supply natural gas to Bosnia- Herzegovina and Croatia, Energy Minister Csaba Molnar said Saturday.

The Hungarian energy company MOL had joined forces with the German E. ON Ruhrgas in response to the "extremely serious gas crisis that has developed in the Balkans," he told reporters.

MOL and E. ON were jointly supplying 4 to 4.5 million cubic metres of gas to Serbia and 1 to 1.5 million cubic metres to Bosnia- Herzegovina.

Molnar added that 1 million cubic metres of gas from Hungarian and German sources was being pumped into Croatia.

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