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Results of the ECB Survey of Professional Forecasters in the fourth quarter of 2020

HICP inflation expectations for 2020 and 2021 revised down slightly, while longer-term inflation expectations broadly unchanged Expected profile of real GDP revised up slightly, with slightly milder downturn in 2020 and rebound in 2021 Unemployment rate expectations revised down across all horizons

Finland: European initiative to expand support of Finnish SMEs

€350 million top-up of the successful “SME Initiative Finland”, adding to the existing portfolio of € 400 million already deployed to the benefit of Finnish SMEs Risk takers behind the guarantee facility are the Finnish Government, European Investment Bank Group (EIB & EIF) and the European Commission. Intermediaries where SMEs can request loans are Aktia […]

Kásler Sets Up Body to Select Hospital Heads

Miklós Kásler, the minister of human resources, on Tuesday sent official invitations to officials the government has nominated to participate in a new body tasked with proposing appointments to head state hospitals. The new body headed by Ferenc Óberfrank, a representative of the Hungarian Academy of Sciences (MTA), will make proposals in respect of the […]

Vladimir Marugov murder: Russian ‘Sausage King’ killed in sauna with a crossbow

A Russian oligarch, nicknamed The Sausage King, has been murdered with a crossbow, investigators say. Vladimir Marugov and his partner were in an outdoor sauna cabin when they were attacked, reportedly by two masked assailants. The woman managed to escape through the window and call the police. Detectives found the body of Mr Marugov, who […]