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Hungary wants fast talks with IMF, says PM

Friday 11:00, April 27th, 2012

Orbán rejected the suggestion that the IMF only wanted to lend to Hungary to influence its economic policy. Read more

EU go-ahead suggests compromise but talks still likely to be lengthy

Friday 08:50, April 27th, 2012

"As nothing seemed to have happened" regarding the key issues open for debate, the EC's announcement came as a surprise, Commerzbank says.Read more

EC fines Hungary for failing to write EU waste directive into natl law

Friday 08:30, April 27th, 2012

Hungary gets a daily penalty of €27,316.Read more

EU green light

Thursday 03:35, April 26th, 2012

"Budapest may also have been spooked" by the sell-off in the markets at the beginning of the week, analysts say. Read more

EU will not take Hungary to court over Central Bank Act

Wednesday 10:45, April 25th, 2012

Reuters leaked a document saying that "Hungary has now promised to change its legislation and provided additional commitments and clarifications".Read more

Obstacles to IMF/EU talks essentially removed

Tuesday 08:25, April 24th, 2012

"We have come very close to essentially making a breakthrough. It is a matter of days or weeks at the latest," says Orbán.Read more

EC criticizes proposed labels marking Hungarian products

Tuesday 08:15, April 24th, 2012

European Commission claims that the proposed labels could be confusing for consumers.Read more

Hungary can change contested law even after IMF talks start

Monday 11:40, April 23rd, 2012

Hungary's government has already amended provisions in the Central Bank Law to which the European Central Bank objected, and parliament can make further changes later if required, Mihály Varga, head of the prime minister's office, said.Read more

Prime minister nominates Janos Áder for president

Tuesday 11:30, April 17th, 2012

Hungary PM could meet Barroso when in Brussels

Thursday 05:20, April 12th, 2012

Hungary is still waiting for an evaluation by the European Commission of its responses it sent regarding the EU's infringement procedures. The European Commission denied suggestions that it is only playing for time.Read more

Hungary still awaits IMF's reply

Tuesday 03:55, April 10th, 2012

The government hopes that the Commission will make a decision quickly.Read more

Former president to sue Semmelweis University

Wednesday 07:35, April 4th, 2012

Pál Schmitt said earlier in a television interview that he was not considering to take any legal actions.Read more

Hungary’s President Pál Schmitt resigns

Monday 02:15, April 2nd, 2012

Schmitt says his “personal issue” was dividing the country.Read more

Hungary president meets with South Korean corporate leaders

Wednesday 12:25, March 28th, 2012

Schmitt attended the 2012 Seoul Nuclear Security Summit on Monday and Tuesday.Read more

Russian gov't approves draft agreement between Hungary, Ukraine

Wednesday 10:00, March 28th, 2012

The agreement is about deliveries of nuclear materials between Russia and Hungary that pass through Ukraine.Read more

Commission refers Hungary to Court for failure to end crisis tax on telecoms

Thursday 04:30, March 22nd, 2012

The statement said that the Commission considers the tax to be illegal, however, "There is no request from the Commission...to impose fines on Hungary."Read more

PM defends gov’t policies on March 15 rally

Friday 07:55, March 16th, 2012

Speaking to a crowd estimated at 100,000 people by Hungarian media and at 250,000 by state news wire MTI, Prime Minister Viktor Orbán defended his government's policies and demanded fair treatment from the EU in front of the Parliament at a celebration of Hungary’s national holiday on March 15, marking the 164th anniversary of the outbreak of the 1848 revolution and war of independence against the Habsburg rule.Read more

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