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Minister Martonyi Appointed Ministerial Commissioner for UN Water Conference

Ministry of Foreign Affairs, February 25, 2013 1:40 PM

Foreign Minister János Martonyi appointed Deputy State Secretary Gábor Baranyai as the Ministerial Commissioner in charge of preparing the UN conference on water management and sanitation to be held in Budapest this October.

Retail sales performance above Eurozone and regional average

Ministry for National Economy, February 25, 2013 12:09 PM

According to currently available Eurostat data, retail turnover decreased in 13 EU countries in December, while growth was registered in nine of them.

Training Starts for Hungarian Troops to Deploy to Mali

Ministry of Defence, February 25, 2013 8:55 AM

The pre-deployment training for the soldiers of the Hungarian Defence Forces to be sent to Mail is already under way, and the Hungarian operational plan is ready for receiving the final approval of a public law entity, the government’s authorization, Lt.-Col. (Eng.) Viktor Csabianszki, a member of the Defence Staff Operations Directorate told Hungarian News Agency MTI on Thursday, February 21.

Viktor Orbán held his regular state-of-the-nation speech

Prime Minister’s Office, February 22, 2013 4:48 PM

Prime Minister Viktor Orbán held his traditional state-of-the-nation speech on 22 February in Budapest, providing a comprehensive assessment of the past year’s achievements and paving the way for future steps of the country.

Minister Varga: the Government is sticking to its deficit target

, February 22, 2013 4:34 PM

"The Government is sticking to its previously adopted deficit target of under three percent", announced Minister without portfolio Mihály Varga on Friday in reaction to the European Commission's winter forecast.

Fiscal deficit will certainly remain below 3 percent

Ministry for National Economy, February 22, 2013 12:45 PM

According to its Winter Forecast published earlier today, the European Commission expects that fiscal deficit will be higher than anticipated by the Hungarian Government. Contrary to Brussels’ expectations, however, Hungary is certain of achieving a fiscal deficit of well below 3 percent.

NATO member countries preparing for a major European military exercise

Ministry of Defence, February 22, 2013 12:34 PM

The NATO member countries will hold a major European exercise in 2015, Minister of Defence Csaba Hende told Hungarian News Agency MTI. He is participating in the two-day meeting of NATO defence ministers in Brussels which started on Thursday, February 21.

NATO Defence Ministers Discuss Development of Defence Capabilities

Ministry of Defence, February 22, 2013 8:13 AM

Developing defence capabilities and taking stock of the accomplishment of defence tasks which were agreed at the Chicago NATO Summit in last May are the main focus of the NATO defence ministerial meeting held in Brussels on February 21–22.

Cooperation of Visegrád, Baltic and Nordic States is to be Developed

Ministry of Foreign Affairs, February 21, 2013 5:35 PM

Parliamentary State Secretary Zsolt Nèmeth declared that the cooperation of Visegrád, Baltic and Nordic states could be efficient when it comes to EU enlargement, EU neighbourhood policy and relations with Russia. The Secretary of State of the MFA responsible for Parliamentary Affairs represented Hungary at a meeting of the Foreign Ministers of the Visegrád group (V4 - Czech Republic, Hungary, Poland and Slovakia), the Baltic States and Scandinavian countries held on 20th February in Gdansk, Poland.

No new sectoral taxes planned

Prime Minister’s Office, February 21, 2013 5:31 PM

State Secretary for Foreign Affairs and External Economic Relations Péter Szijjártó declared in an interview given to Wirtschaftsblatt that no new sectoral taxes are planned.

French companies have a role in Hungary’s growth, says Péter Szijjártó

Prime Minister’s Office, February 21, 2013 5:26 PM

French companies will play an important role in Hungary’s economic growth in 2013, said Péter Szijjártó, State Secretary for Foreign Affairs and External Economic Relations following his talks held in Paris.

The European Union is united in the battle against illegal migration

Ministry of Interior, February 21, 2013 4:06 PM

Minister of State László Felkai of the Ministry of Interior and Zsuzsanna Végh, the Director General of the Hungarian Office of Immigration and Nationality, presented the Office's report on 2012, and last year's characteristics of the migrant situation at a press conference.

Private sector wage increase exceeded inflation in December

Ministry for National Economy, February 21, 2013 3:59 PM

In December 2012, gross average wages in the private sector increased by 8.3 percent, whereas net wages excluding family tax allowances were up by 6.2 percent, beating inflation, in comparison to the corresponding period of the previous year – the Hungarian Central Statistical Office reported earlier this morning.

Hungarian-Flemish Joint Commission meets in Brussels

Ministry for National Economy, February 21, 2013 3:33 PM

The Hungarian-Flemish Joint Commission held its scheduled meeting on 21 January 2013 in Brussels. The Hungarian Co-Chairman of the Joint Commission, Minister of State for Employment Sándor Czomba, signed an agreement with his Flemish partner, Secretary-General of the Flemish Foreign Ministry Koen Verlaeckt on the work agenda for the upcoming period.

Successful issuance of Hungarian USD-denominated government securities

Ministry for National Economy, February 21, 2013 3:00 PM

As about 40-45 percent of Hungary’s general government debt has been denominated in foreign currencies. The duration became shorter with the IMF loan, which was unavoidable in 2008, so that the refinancing is due relatively soon, the country required further foreign currency resources. Thanks to the improving confidence in the fundamentals of Hungary and positive international investment climate and sentiment, the Government Debt Management Agency (AKK) mandated large investments banks last week to manage USD-denominated benchmark government bond issuance, after a highly successful investor roadshow. As a result altogether 3.25bn USD bonds were sold with yields slightly below the indicative levels.

Hungary insists on tax-exempt status for home-made pálinka

Ministry for National Economy, February 21, 2013 2:42 PM

The Government assures Hungarians those rights that citizens of other EU countries are also entitled to. The European Commission disputes the regulation providing tax-free status for distilling home-made pálinka; in their view the exemption is in breach of EU regulations. In the opinion of the Government, however, the relevant Hungarian legislation is fully in accordance with EU legal requirements.

The European Grouping for Territorial Cooperation (EGTC) could become a driving force for regional cooperation (+ video)

Ministry of Public Administration and Justice, February 21, 2013 2:04 PM

The European Grouping for Territorial Cooperation (EGTC) is well-placed to become the driving force of inter-regional cooperation, Deputy Prime Minister Navracsics stated, adding that the Central European Initiative (CEI), in turn, may make a valuable contribution towards rejuvenating natural areas of cooperation which once permeated the region.

Hungarian-Macedonian economic negotiations

Prime Minister’s Office, February 20, 2013 5:21 PM

An energy cooperation agreement was concluded at the meeting of Hungarian-Macedonian Economic Joint Commission in Budapest.

‘There are more things that unite us than divide us’

Ministry of Public Administration and Justice, February 20, 2013 4:16 PM

In a speech in Budapest on Tuesday, Slovakian President Ivan Gašparovič said that Slovak-Hungarian co-operation is increasingly becoming an everyday reality, and that politicians from the two countries must strive to build good neighbourly relations. Following this, Deputy Prime Minister Tibor Navracsics said in a short address that Hungary seeks to deepen co-operation in every area with its neighbouring countries.

Never again shall we tolerate subjection to the like of this – we remember the victims of communism

Ministry of Public Administration and Justice, February 20, 2013 3:51 PM

On Monday 25 February there will be commemoration events around the country for the victims of communism. On this day in 1947 Béla Kovács, General Secretary of the Independent Smallholders’ Party, was unlawfully arrested and later deported to the Soviet Union. In 2000 a resolution adopted by the first Orbán government stipulated that on this day commemorations should take place in every secondary school in the country. This year the Hungarian government’s official commemoration event will take place at 7 p.m. on Monday, at the Buda end of the Chain Bridge.