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Foreign trade volume increased significantly once again

Ministry for National Economy, December 21, 2012 2:47 PM

According to the latest flash report of the Hungarian Central Statistical Office (KSH), in October 2012 the volume of exports and imports was up by 5.2 percent and 5.6 percent, respectively, in comparison to the corresponding period of the previous year. In the tenth month of the year foreign trade posted a surplus of 182bn HUF (646 million EUR).

Student movements are a “great thing”

Prime Minister’s Office, December 21, 2012 12:25 PM

Prime Minister Viktor Orbán on Friday called student movements "a great thing", but stressed that perspective must be maintained.

Fitch: Hungary’s outlook stable

Ministry for National Economy, December 21, 2012 10:43 AM

Fitch Ratings Services has revised Hungary’s sovereign rating from “negative” to “stable”.

The Government is to establish the Hungarian Holocaust 2014 Memorial Committee

Prime Minister’s Office, December 20, 2012 6:11 PM

2014 will be the 70th anniversary of the darkest chapter in the Hungarian holocaust, the extermination of Hungarian Jews. For reasons of mourning and remembrance, and to increase awareness of the tragic events of 1944, on the recommendation of Hungarian Jewish organisations and based on the proposal of the Prime Minister, the Government is to establish the Hungarian Holocaust Memorial 2014 Committee.

State Secretary Szijjártó in Moscow

Prime Minister’s Office, December 20, 2012 4:56 PM

With respect to energy security, Hungary will improve more in the next couple of years than it has during the past decades – said State Secretary for Foreign Affairs and External Economic Relations Péter Szijjártó by telephone to Hungarian news agency MTI, after negotiating with the Chief Executive Officer of Gazprom in Moscow.

Debts taken over from 1700 municipalities

Prime Minister’s Office, December 20, 2012 4:10 PM

Hungary's government has so far taken over the debts of 1700 municipalities with fewer than 5000 residents nationwide in a total amount of 80 billion forints (EUR 280m), Prime Minister Viktor Orban said in Nyíregyháza, on Thursday.

Higher education reform - Everyone is a winner

Prime Minister’s Office, December 20, 2012 3:00 PM

Everyone is a winner, the Government Spokesperson András Giró-Szász said on Wednesday on Hungarian m1 television's evening debate program Az Este.

Hungarian-Dutch bilateral talks on the battle against human trafficking

Ministry of Interior, December 20, 2012 2:32 PM

In order to further improve bilateral cooperation against human trafficking, a Dutch delegation visited the Ministry of Interior, as well as the National Police Force and the Prosecution Service on 18-19 December 2012. The delegation included representatives of the Dutch Ministry of Security and Justice, Ministry of the Interior and Kingdom Relations and the Coordination Centre Human Trafficking (CoMensha) and was accompanied by a representative of the Dutch Embassy of Budapest.

Comprehensive reforms in Hungary, 2012

Ministry for National Economy, December 20, 2012 2:30 PM

In the third year after it had been elected the Hungarian Government has continued implementing wide-ranging reforms launched earlier. Hungary as a small country with an open economy has been severely affected by the crisis which has highlighted the fact that stable economic growth in the medium and long term can only be ensured by an adequately diversified economic structure. In other words, Hungary needed an economic trend reversal actively underpinned by economic policy.

The state of the central sub sector of the state budget in November 2012

Ministry for National Economy, December 20, 2012 11:42 AM

Key data of the central sub sector of the state budget in November 2012 - In the month of November 2012 the central sub sector of the state budget registered a deficit of 33.6bn HUF. Within that, the central state budget, Social Security Funds and extra budgetary state funds registered deficits of 10.1bn HUF, 23.1bn HUF and 0.4bn HUF, respectively. In the month of November 2012 the central sub sector of the state budget posted a surplus of 79.9bn HUF.

UN General Assembly Designates September 5 as the International Day of Charity upon Hungary’s Initiative

Ministry of Foreign Affairs, December 20, 2012 8:45 AM

Upon the initiative of Hungary, the UN General Assembly unanimously decided to designate September 5 – the day on which Mother Theresa of Calcutta passed away – as the International Day of Charity on December 17, 2012.

2013 to start well with lower utility costs and higher wages

Prime Minister’s Office, December 19, 2012 5:50 PM

On Wednesday, in the Parliament at the signing ceremony of the agreement on next year’s guaranteed minimum wage, Prime Minister Viktor Orbán stated that 2013 will certainly start well, with higher wages and lower utilities costs from January 1.

120 billion forints for development of infrastructure with neighbouring countries

Prime Minister’s Office, December 19, 2012 5:45 PM

Hungary's Government will spend 120 billion forints (EUR 417 million) on developing infrastructure links with neighbouring countries in the next 18 months, Deputy State Secretary for External Affairs at the Prime Minister’s Office Levente Magyar said at the inauguration of two roads crossing the Hungarian-Austrian border at Zsira, on Wednesday.

Food Inspectors Monitor Markets, Shopping Centres and Warehouses

Ministry of Rural Development, December 19, 2012 5:41 PM

"The National Food Chain Safety Office (NÉBIH) has performed 3700 inspections and issues HUF 4.3 million in fines during the first phase of winter food monitoring activities. Inspections will continue until the end of December", announced State Secretary for Food Chain Supervision and Agricultural Economy of the Ministry of Rural Development Endre Kardeván on Monday in Budapest. The goal of the expanded monitoring is to ensure that only high quality products that conform to food safety standards reach the consumer's shopping basket even during the peak Christmas season.

The number of state-financed places at colleges and universities cannot decrease below 55,000 under the new legislation

Prime Minister’s Office, December 19, 2012 5:20 PM

The number of state-financed places at colleges and universities cannot be fewer than 55,000 next year, Government spokesman András Giró-Szász told a press conference today, on 19 December.

Stringent Checks on Pangasius Fish Products

Ministry of Rural Development, December 19, 2012 4:31 PM

Minister for Rural Development Sándor Fazekas ordered the increased monitoring of Pangasius fish products on 19 December 2012. The Minister is asking consumers to be extra cautious about what food products they purchase during the Christmas period.

Public administration reform will also create budget stability for local governments

Ministry of Public Administration and Justice, December 19, 2012 2:56 PM

Public administration reform in Hungary has reached a new phase. From January 2013 there will once again be administrative districts: these are the smallest geographical units of public administration, which used to be a traditional part of Hungarian public administration.

Investments worth more than EUR 1.5 billion secured

Ministry for National Economy, December 19, 2012 2:47 PM

Earlier today an agreement has been concluded between the Government of Hungary and the Wanhua Industrial Group of China envisaging that the Wanhua Group will implement long-term, strategic investment projects worth around EUR 1.6 billion in Hungary, expected to create hundreds of jobs in a backward region.

Strategic cooperation agreement concluded between the Government of Hungary and Tesco-Global Stores Zrt

Ministry for National Economy, December 19, 2012 1:57 PM

The agreement was signed by Minister of State at the Ministry for National Economy Zoltán Cséfalvay as representative of the Government and Chief Executive Officer Gerard Gray of Tesco-Global Stores Zrt.

160 000 more people are employed since 2010

Ministry for National Economy, December 18, 2012 5:17 PM

According to the latest data compiled by the Hungarian Central Statistical Office (KSH), in August-October 2012 the number of employed was 3 million 935 thousand, which is 71 thousand more than one year ago and 160 thousand more since 2010.

Hungarian soldiers have earned great respect

Ministry of Defence, December 18, 2012 4:50 PM

The exceptional skills of Hungarian soldiers serving in Afghanistan have earned great respect for the nation, President János Áder said during a visit to Kabul.

Pensions to retain real value next year, says the Prime Minister

Prime Minister’s Office, December 18, 2012 3:50 PM

Pensions will retain their purchasing power next year, Prime Minister Viktor Orbán announced at the session of the Elderly Affairs Council in Parliament, adding that following the reforms of the past two and a half years, the economy is expected to grow in 2013.

Parliament makes Historic Decision

Ministry of Rural Development, December 18, 2012 2:29 PM

The Hungarian Parliament came to a historic decision on 17 December 2012 when it amended Hungary's Fundamental Law to include the obligation to provide the highest possible level of protection, maintenance and preservation for farmland, water stocks and biological diversity.

EDP procedure against Hungary should be lifted next summer

Prime Minister’s Office, December 18, 2012 12:13 PM

The European Commission should lift the excessive deficit procedure (EDP) against Hungary in the summer since the country is keeping the deficit under the 3% European Union threshold, State Secretary for Foreign Affairs and External Economic Relations Péter Szijjártó said on commercial news channel HirTV late Monday.

Foreign currency debt issuance may not be necessary next year

Ministry for National Economy, December 17, 2012 6:01 PM

According to Minister of National Economy György Matolcsy, Hungary may not need to issue foreign currency denominated government securities on international financial markets next year. That was one of the issues the Minister spoke about at the economic programme G7 of Hungary’s public service broadcaster Kossuth Radio on Saturday.