06:00, Sep 8 | The Hungarian government is committed to reducing the budget deficit further next year as well as carrying out structural reform measures, Prime Minister Orbán's chief economic advisor said Tuesday.

17:34, Sep 7 | Hungary's general government, excluding local councils, ran a HUF 83.9 billion cash flow-based deficit in August, bringing the January-August deficit to 124.2% of the full-year target, the National Economy Ministry said in a first reading on Tuesday.

16:04, Sep 7 | Slightly more than one out of eight Hungarian employers plans to cut staff in the last quarter of 2010, according to a survey by global staffing-company Manpower. The ratio of those planning new hires was similar and both ratios rose from Q3. 15:02, Sep 7 | July trade figures published on Tuesday morning showed a surprising decline in Hungary's trade surplus, though do not indicate that that import growth will continue to exceed export growth over the longer term, analysts told MTI. They still expect a full-year trade surplus well above last year's €3.738 billion. 14:35, Sep 7 | The Government Debt Management Agency (AKK) sold HUF 60 billion of three-month discount T-bills at an auction on Tuesday, raising its sales as oversubscription remained high. Despite continued strong demand, yields rose now for the third auction in a row. 13:48, Sep 7 | Hungary's OTP Bank has signed an agreement on a $20 million refinancing credit line with the Export-Import Bank of the Republic of China (Taiwan) to provide financing for the import of products made in Taiwan to Hungary, OTP informed MTI on Tuesday. 13:25, Sep 7 | Magyar Cukor announced Tuesday that it targets production of 120,000 tons of sugar from a record-high 800,000-850,000 tons of sugar beets at its refinery in Kaposvár (SW Hungary). 12:58, Sep 7 | Hungary's government on Monday received a written request from the European Commission (EC) to provide the European Union's executive body with more information regarding the salary cap for public-sector employees, including the leadership of the National Bank of Hungary (MNB), that went into effect on September 1, the National Economy Ministry informed MTI on Monday evening. 12:37, Sep 7 | Hungary's economic-competition office GVH has imposed a HUF 2 million fine on financial-services company Swiss Invest 2009 Hungary Pénzügyi Szolgáltató Kft. for publishing misleading advertisements on group purchase schemes in the print media in the period ending on June 11, 2010, GVH announced on Tuesday. 11:53, Sep 7 | ORW Hungária Kft., a company representing the management of Hungarian bus company Orangeways, has acquired a 90% stake in Orangeways from previous majority owner Ferenc Kedves, the bus company informed MTI on Tuesday morning.

11:10, Sep 7 | Hungary had a €241 million trade surplus in July 2010, well down from a €564 million surplus in June and a €328 million surplus a year earlier, the Central Statistical Office (KSH) said in a first reading on Tuesday. 10:47, Sep 7 | Hungary's international reserves stood at €35.274 billion at the end of August, up €428 million in a month, reversing the larger part of a €327m drop – the first drop in euro-term reserves this year – in June, preliminary National Bank of Hungary (MNB) figures published on Tuesday show. 09:01, Sep 7 | Food-retail chains generated turnover of HUF 165 billion in H1 2010 from sales of house-brand products, down 2% from the same period in 2009, market researcher Nielsen told MTI on Monday. The share of house brands still rose as total turnover declined more than that of house brands did. 08:31, Sep 7 | Canada's Linamar Corporation raised its stake in its majority-owned Hungarian unit, the farm-machinery manufacturer and automotive-industry supplier Linamar Hungary, to 8,518,222 or 99.28% through buying an additional 4,377 shares on the Budapest Stock Exchange on September 2 and 3, the Hungarian company said on Monday. 15:52, Sep 6 | CEO Antoine Jourdain of Slovak gas-transmission company Eustream told the Slovak daily SME on Monday that Hungary's FGSZ Foldgazszallito, the gas-transmission unit of Hungarian oil and gas company MOL, halted construction of a planned gas pipeline between Slovakia and Hungary. 14:52, Sep 6 | Hungary's microbank expects to grant its first loans this week, the business daily Vilaggazdasag said on Monday. 12:11, Sep 6 |  11:26, Sep 6 | 

• Audi Hungaria opens visitor center
• RFV contract to add annual HUF 1.5 billion to EBIDTA
• Deutsche Telekom investigated on suspicion of bribery at Hungarian unit

• Public-sector wage-ceiling applied to state-owned companies as well
• Economy minister confirms Hungary will not renew IMF loan agreement
• AKK cuts offer at T-bill auction because of scattered yields, not demand

• Municipality elections: Fidesz not a sure bet in Budapest
• Fidesz still wants Simor out, paper says
• Gov’t/Fidesz advantage across the table

• BSE suspends trade on energy-efficiency company RFV
• Despite portfolio deterioration, K&H Bank profits more than double in H1
• BSE share turnover falls 12% in August

• Hungary applauds 10:10 initiative
• Industry urges new wind energy tender
• Aufwind starts building biggest biogas plant in Hungary

• Signs of revival showing in industrial property market
• Nagykanizsa sees launch of HUF 1.6-bln road overhaul
• Segece to open €375m shopping center in Budapest in October