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International Air Show and Military Display in Kecskemét

Ministry of Defence, August 5, 2013 3:54 PM

According to the statement of the Deputy State Secretary of the Ministry of Defence, this year's International Air Show and Military Display attracted more than a hundred thousand visitors. A total of 142 aircraft from 22 countries participated in the two-day event. The most popular attractions were the displays by various aerobatic teams; besides the Hungarian aerial displays, Russian, Croatian, Turkish, Bulgarian, Italian and Spanish teams also entertained the audience.

Interview with Deputy State Secretary Prőhle in Magyar Nemzet daily

Ministry of Foreign Affairs, August 2, 2013 2:35 PM

„We have to widen Hungary’s room for movement” - an interview with Gergely Prőhle.

Commemorating the Roma Holocaust

Ministry of Human Resources, August 2, 2013 1:37 PM

On 2 August 1944, three thousand Roma people were murdered in the Auschwitz-Birkenau death camp. What happened on that day only became fully known to history several decades later. 2 August was declared International Roma Holocaust Remembrance Day by the World Romani Congress in 1972. On this day, we remember the tens of thousands of Sinti and Roma people who were murdered throughout Europe during the Second World War.

Procter&Gamble to invest 19 billion forints in Hungary

Prime Minister’s Office, August 2, 2013 1:36 PM

Procter&Gamble (P&G) is to build a new greenfield factory in Gyöngyös, the corporation's second plant in Hungary, with an investment of 19 billion forints, the company’s representatives announced on Friday.

MOL World Fencing Championships to begin on Monday in Budapest

Ministry of Human Resources, August 2, 2013 12:36 PM

Hungary’s largest sporting event this summer, the centennial MOL World Fencing Championships, are to begin on Monday in Budapest. The Ministry of National Economy is sponsoring the event with 180 million forints. Organisers are expecting 1100 participants from 106 countries, including more than 160 wheelchair fencers.

Informal V4 meeting to take place in Hungary

Prime Minister’s Office, August 1, 2013 5:10 PM

The prime ministers of the Czech Republic, Poland and Slovakia are to participate on an informal Visegrád Four (V4) meeting in Fertőd, Hungary on August 24, the Prime Minister’s Press Chief announced.

Level of Hungarian economy’s external debt decreasing steadily

Ministry for National Economy, August 1, 2013 4:00 PM

Hungary’s external debt level is characterized by a positive trend which has been in place for almost two years: since the third quarter of 2011, the external debt of the Hungarian economy has decreased by some 18.7 percent of GDP. The improvement of the external debt indicator – a key benchmark for Hungary’s risk assessment – is a favourable change from the aspect of the stability of the country in general and the financial status in particular.

Conversion of foreign currency loans into forint-based mortgages a viable option

Ministry for National Economy, August 1, 2013 2:32 PM

Minister for National Economy Mihály Varga said in Kossuth Radio's morning programme 180 minutes that during consultations with civic advocacy groups and the Hungarian Banking Association it has been recognised that “it seems likely that a solution must be applied which enables the conversion of these loans into forint-based mortgages.”

Fans can travel to the MOL World Fencing Championships at half price

Ministry of National Development, August 1, 2013 11:01 AM

Hungary organises the world fencing championships for the fourth time, now between 5 and 12 August 2013. Over 1,000 representatives of more than 100 countries participate in the prestigious sports event. Upon the initiative of the Hungarian National Asset Management, Inc. (MNV Zrt.) and with the approval of the Ministry of National Development MÁV-START Zrt. and the VOLÁN companies provide a 50% travel discount for those travelling to the world championships.

Strategic Partnership Agreement concluded between the Government and the Bosch Group

Ministry for National Economy, July 31, 2013 4:56 PM

A Strategic Partnership Agreement was concluded between the Government of Hungary and Bosch Hungary at the inauguration ceremony for the first stage of the international company’s new Hungarian headquarters in Budapest.

Mihály Varga holds negotiations with the Hungarian Banking Association

Ministry for National Economy, July 31, 2013 2:22 PM

Consultations have begun between the Government and bank representatives on potential options for phasing out foreign currency mortgages.

Hungary Welcomes Resumption of Middle East Talks

Ministry of Foreign Affairs, July 31, 2013 2:19 PM

The Ministry of Foreign Affairs of Hungary welcomes the fact that Israeli–Palestinian talks have been resumed, the Ministry told MTI in a statement July 31, 2013.

Minister Varga holds talks with advocacy groups over foreign currency home loans

Ministry for National Economy, July 31, 2013 10:45 AM

Minister for National Economy Mihály Varga met with representatives of the Civil Összefogás Fórum-Civil Összefogás Közhasznú Alapítvány (Civic Forum-Civic Union Public Benefit Foundation) earlier today in order to come to a compromise and a satisfying, solidarity-based solution with regard to the issue of foreign currency debtors in general and that of foreign currency mortgages in particular, with the inclusion of all parties involved.

The Ministry of Foreign Affairs condemns the assassination of Mohamed Brahmi

Ministry of Foreign Affairs, July 30, 2013 5:26 PM

The Ministry of Foreign Affairs of Hungary has condemned the recent assassination of Tunisian opposition politician Mohamed Brahmi, who was a member of the Constitutional Assembly, and expressed concern over the latest trends in Tunisia.

Successful Cooperation Continues with Budapest Office of FAO

Ministry of Rural Development, July 30, 2013 5:22 PM

Minister for Rural Development Sándor Fazekas met with Deputy Secretary-General of the FAO Denis Aitken, with whom he reviewed current issues concerning the relationship between Hungary and the organisation.

Hungarian-Vietnamese relations could intensify

Prime Minister’s Office, July 30, 2013 4:35 PM

Hungarian-Vietnamese relations could intensify and move a higher level, agreed Deputy Prime Minister of Vietnam Nguyen Thien Nhan and his Hungarian hosts; the Vietnamese Prime Minister was the guest of Deputy Speaker István Jakab at an official lunch held in the Parliament building on Tuesday.

Positive labour market trends remain firmly in place

Ministry for National Economy, July 30, 2013 1:05 PM

According to the flash report of the Hungarian Central Statistical Office (KSH) published this morning, the total number of those in employment increased again in comparison to the corresponding period of 2012.

200,000 unemployed to be included in public work scheme this winter

Ministry for National Economy, July 30, 2013 8:43 AM

The Government has decided to include 200,000 unemployed in its public work scheme during the winter season, the Ministry of National Economy said. Some 100,000 people will in effect work from November until next April and the other 100,000 will participate from December until March in training programmes aimed at helping them find future employment, the ministry added.

Hungary to fully repay IMF loan until mid-August

Ministry for National Economy, July 30, 2013 8:11 AM

On 15 July, Minister for National Economy Mihály Varga informed IMF Director Reza Moghadam in a letter that Hungary intends to fully repay the IMF loan provided for the country in 2008 ahead of schedule, by 12 August 2013. This option is only open for countries with sufficient fiscal reserves, a stable budgetary policy and positive investor sentiment indicators.

Hungaroring contract extended until 2021

Ministry of National Development, July 30, 2013 8:07 AM

The contract of Hungaroring has been extended until 2021 after the signing of an agreement this weekend.