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Foreign Minister lobbying in Helsinki to keep Nokia in Hungary - Népszabadság

Wednesday 01:25, October 26th, 2011

Foreign Minister János Martonyi has travelled to Helsinki to lobby Finnish political leaders to keep handset maker Nokia in Hungary and encourage new investments in the country, daily Népszabadság said on Wednesday.Read more

Govt aware of budget risks, will keep deficit target – Szijjártó

Wednesday 11:20, October 26th, 2011

There are risks to the 2012 budget because of the global economic situation but these prompt no further measures at present. The government will respond if conditions materially change, and will keep to the 2.5%-of-GDP deficit goal, Prime Minister's spokesman Péter Szijjártó said on Wednesday morning.Read more

2012 budget step in right direction, says State Audit Office head

Wednesday 11:15, October 26th, 2011

State Audit Office (ÁSZ) head László Domokos told MPs in Parliament on Wednesday that the government's 2012 budget bill was a step in the right direction, mainly because it reduces gross central budget debt.Read more

2012 budget bill is stable, predictable and task-centered - Matolcsy

Wednesday 11:10, October 26th, 2011

The government's 2012 budget bill is stable, predictable and task-centered, National Economy Minister György Matolcsy told MPs on Wednesday, before the start of general debate of the bill.Read more

Defense Ministry looks to make extra case selling old Soviet aircraft

Tuesday 11:40, October 25th, 2011

Hungary Defense Ministry hopes to raise several billion forints from the sale of old Soviet-made fighter aircraft, parts and renovated radars, Defense Minister Csaba Hende said in a program on public television early Tuesday.Read more

Hungary ‘must go its own way’, says PM

Monday 03:35, October 24th, 2011

Hungary "must go its own way", sticking to its own brave solutions without being bothered with what others have to say about them, Prime Minister Viktor Orbán said in Parliament on Monday.Read more

Hungary committed to Nabucco, but cost still unclear, says Fellegi

Monday 03:35, October 24th, 2011

Hungary is fully committed to the construction of the Nabucco pipeline, but the final cost of the project remains unclear, National Development Minister Tamás Fellegi told journalists in London on Monday.Read more

Hungarian, Romanian labor market watchdogs renew cooperation agreement

Monday 03:35, October 24th, 2011

Hungary's and Romania's labor market oversight bodies have renewed a cooperation agreement signed in 2008, Hungarian labor market watchdog OMMF told MTI on Monday.Read more

Bill seeks to tax porn, channel revenue to culture fund

Monday 01:15, October 24th, 2011

An MP of governing Fidesz has submitted an amendment to Parliament that would levy a 25% tax on pornography and channel the proceeds to the National Cultural Fund, the bill published on the website of Parliament shows.Read more

PM suggests banks could be replaced as lenders to SMEs

Monday 11:55, October 24th, 2011

Prime Minister Viktor Orbán on Sunday suggested banks could be replaced in part or in full as a source of financing for SMEs.Read more

Unions announce partial blockade of roads for Nov 4

Friday 05:55, October 21st, 2011

The Liga unions association plans partial blockades of about a hundred stretches of road around Hungary on November 4 to protest the new labor code, Liga chairman István Gaskó said at a press conference on Friday.Read more

Govt MPs to draft proposal scrapping limit on local building tax

Friday 05:50, October 21st, 2011

The parliamentary group of governing Fidesz will draft a proposal on Monday scrapping the 3% limit on the building tax collected by local councils, MP János Lázár said at a press conference on Friday.Read more

Commissioner puts cost of Hungary EU presidency at €70-75m

Friday 01:25, October 21st, 2011

Hungary's Presidency of the Council of the European Union in the first half of 2011 cost €70-75m, including preparations that started as early as 2007, Ferenc Robák, government commissioner in charge of operative affairs for the presidency, said at a press conference on Friday.Read more

IEA could be given more room to make supply safer, affordable - Fellegi

Friday 11:25, October 21st, 2011

In spite of the great differences that exist in the energy conditions of International Energy Agency (IEA) member countries, Hungary supports plans to expand the organization’s interaction possibilities in order to increase the safety of energy supply and maintain affordable prices, National Development Minister Tamás Fellegi said in a statement issued by the ministry on Thursday.Read more

Amendment would require energy performance certificates for rental homes

Thursday 05:25, October 20th, 2011

A proposed amendment posted on the government's website would require energy performance certificates for all rental homes from the start of next year.Read more

Bill seeks to extend bankruptcy protection period to 120 days – Napi Gazdaság

Thursday 11:40, October 20th, 2011

A bill drawn up by Hungary's Ministry of Public Administration and Justice would extend the maximum period of time companies may ask for protection from their creditors from 90 to 120 days, business daily Napi Gazdaság said on Thursday.Read more

Approved draft labor code nearly the same as version from talks

Thursday 11:35, October 20th, 2011

The draft of a new labor code approved by the government at a cabinet meeting on Wednesday is 99% in line with the version hammered out at talks over the past several weeks, state secretary for employment affairs Sándor Czomba said on ThursdayRead more

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