Subscribe to RSS
Results per page 25

News

Forint exchange rate is optimal when it facilitates stable economic growth

Ministry for National Economy, March 6, 2014 1:31 PM

Speaking at the Portfolio.hu Forint 2014 conference in Budapest, Minister for National Economy Mihály Varga said that the forint exchange rate can be considered optimal whenever it facilitates stable economic growth in Hungary. The Minister added that the Government has not set any specific exchange rate target.

Six thousand nursery places created in this government term

Ministry of Human Resources, March 6, 2014 12:54 PM

By the end of this government term six thousand nursery places will have been created and more than another five thousand will have been modernized, Minister of State for Social and Family Affairs Miklós Soltész said on Wednesday in the town of Salgótarján, north-eastern Hungary, during the laying of the foundation stone for a new nursery there.

New IC+ carriages scheduled to set off to Switzerland for final testing

Ministry of National Development, March 6, 2014 11:30 AM

The IC+ carriages of MÁV-START Ltd. completed by the end of last summer are scheduled to set off to Switzerland in March for their final test consisting of the outdoor noise testing of the passing carriages. So far the carriages have successfully completed various measurements, run and brake tests, as well as noise tests performed indoors and at a standstill. Before the final test today the representatives of the press had the opportunity to participate in a test run.

Hungary ready to provide aid to ethnic Hungarians in Ukraine

Ministry of Foreign Affairs, March 6, 2014 11:17 AM

The Hungarian Government stands ready to provide immediate aid to the Hungarian community in Ukraine, Foreign Minister János Martonyi declared before the Parliamentary Committee on National Security and Foreign Affairs on Wednesday.

Hungarian-Austrian relations remain solid

Ministry of Foreign Affairs, March 6, 2014 11:14 AM

Hungarian-Austrian relations are highly important and they remain solid despite some disputes, Foreign Minister János Martonyi said on Wednesday after meeting his Austrian counterpart Sebastian Kurz in Budapest.

Roma cultural grant launched

Ministry of Human Resources, March 6, 2014 9:57 AM

The Government has allocated HUF 50 million for the organisation of Roma cultural events and the presentation of Roma cultural content and products to the public as part of a government tender, in response to which entries are expected to be submitted by 26 March, Minister of State for Social Inclusion Zoltán Kovács announced on Wednesday in Budapest.

Practical vocational training makes an economy more competitive

Ministry for National Economy, March 6, 2014 8:50 AM

Legal and financial conditions required for dual education are given in Hungary, and these are crucial because practical vocational training can make an economy more competitive, Minister of State Zoltán Cséfalvay said at a press conference held at the Budapest headquarters of Siemens Hungary. The event took place after the signing of a Memorandum of Understanding (MoU) on dual education by Zoltán Cséfalvay and President and CEO of Siemens Hungary Dale A. Martin.

Success for Hungarian Foods in Japan

Ministry of Rural Development, March 5, 2014 5:07 PM

Hungary is being represented by 13 Hungarian companies at a separate stand at the FOODEX 20014 International Food and Beverage Exhibition in Tokyo, Japan. Deputy State Secretary for Food Chain Supervision and Agricultural Administration Lajos Bognár is attending the Expo in representation of the Ministry of Rural Development.

WizzAir to launch Budapest-Kutaisi flight

Prime Minister’s Office, March 5, 2014 5:04 PM

Hungarian low-cost airline WizzAir will launch a flight between Budapest and Kutaisi, Georgia, beginning in September, WizzAir CEO József Váradi and State Secretary for Foreign Affairs and External Economic Relations Péter Szijjártó announced on Wednesday.

Prime Minister to attend EU meeting in Brussels

Prime Minister’s Office, March 5, 2014 4:25 PM

Prime Minister Viktor Orbán will travel to Brussels on Thursday to take part in the European Union extraordinary summit of Heads of State and Government, held to discuss the crisis in Ukraine, before heading to Dublin for a two-day meeting of the European People's Party.

Family Farming Plays a Key Role in Furthering Global Processes

Ministry of Rural Development, March 5, 2014 3:54 PM

"Family farming plays a key role in making global processes more positive, and Hungary wishes to actively contribute to this process", Minister Sándor Fazekas stressed in his welcoming speech at the official opening of the Global Forum and Expo on Family Farming on Wednesday in Budapest.

Impressive and balanced Hungarian economic growth in Q4 2013

Ministry for National Economy, March 5, 2014 12:08 PM

In light of the latest data published by the Hungarian Central Statistical Office (KSH), it can be concluded that growth has rebounded in each and every economic sector in Hungary. In comparison to the corresponding period of the previous year, GDP gained 2.7 percent, a growth rate unmatched in the past eight years. In the entire year of 2013, the Hungarian economy expanded by 1.2 percent.

Visegrad Four plus Japan Exchange Year 2014 launched

Ministry of Foreign Affairs, March 5, 2014 11:49 AM

The Visegrad Four plus Japan Exchange Year was formally launched in Tokyo on Tuesday. Marking the 10th anniversary of the Visegrad Four group's relations with Japan, the programme aims to promote trade, science and technology exchanges and cooperation, and to bolster political, diplomatic and cultural relations between Japan and the V4 countries of the Czech Republic, Hungary, Poland and Slovakia.

Martonyi expects ethnic Hungarian party’s involvement in Romanian cabinet to improve bilateral ties

Ministry of Foreign Affairs, March 5, 2014 11:33 AM

The participation of the Democratic Union of Hungarians in Romania (RMDSZ) Romania's new government is very likely to improve the atmosphere of bilateral relations, Foreign Minister János Martonyi declared on Tuesday.

Russian ambassador summoned to Hungarian Foreign Ministry

Ministry of Foreign Affairs, March 5, 2014 11:30 AM

MFA State Secretary Zsolt Németh summoned Russian Ambassador Aleksandr Tolkach to his office on Tuesday and, on behalf of the Hungarian Government, expressed great concern about the current situation on the Crimean Peninsula. Hungary supports Ukraine's sovereignty and territorial integrity, and feels that the steps taken by Russia violate international law, Mr. Németh said.

Government support of HUF 1.3 billion for road development in Ferihegyi út

Ministry of National Development, March 5, 2014 11:13 AM

Making budget resources available will enable the construction of a more than 2 km long, new main road in the 17th district of Budapest. Ferihegyi út will help ease traffic in the eastern part of the city and improve the life quality of the inhabitants of the area, Minister of National Development Zsuzsa Németh said in Budapest on March 4, 2014.

Hungary closed last year with a larger foreign trade volume and surplus

Ministry for National Economy, March 5, 2014 10:53 AM

Hungary’s foreign trade posted a surplus of EUR 7bn last year, up by EUR 354 million in comparison to 2012. Accordingly, the volume of exports continued to exceed that of imports, while a dynamic increase was recorded in the total volume of foreign trade.

Enterprises utilized allowances for 800 thousand employees in January

Ministry for National Economy, March 5, 2014 10:18 AM

In January 2014, the number of employees for whom enterprises utilized allowances was some 800 thousand, up by 50 thousand in comparison to last year, Minister of State for Taxation and Fiscal Regulation Gábor Orbán said at a press conference.

Minister Martonyi: escalation of Ukrainian crisis is less likely

Ministry of Foreign Affairs, March 5, 2014 8:32 AM

The danger that the Ukrainian crisis might escalate further has diminished, Foreign Minister János Martonyi said on Tuesday.

Egyptian pharmaceutical Armanious Group opens R+D centre in Budapest

Prime Minister’s Office, March 4, 2014 5:43 PM

Egyptian pharmaceutical company Armanious Group inaugurated a 2 million euro research and development centre in Budapest on Tuesday. Hungary's State Secretary for Foreign Affairs and External Economic Relations Péter Szijjártó said the fact that a leading pharmaceuticals company from North Africa had located its R+D centre in Budapest signalled the success of the country’s policy of opening towards the East.

Government signs agreement with Constantinople Patriarchate

Prime Minister’s Office, March 4, 2014 5:36 PM

A strong and successful Hungary can only be built on national, Christian and European traditions, Prime Minister Viktor Orbán said after the Government signed an agreement with the Ecumenical Patriarchate of Constantinople on Tuesday.

Prime Minister Orbán calls for peaceful solution in Ukraine

Prime Minister’s Office, March 4, 2014 4:41 PM

Negotiations are needed to resolve the Ukrainian crisis because that is the only alternative to war, Prime Minister Viktor Orbán said on Tuesday.

National Instruments constructing a HUF 4bn Science Park in Debrecen

Ministry for National Economy, March 4, 2014 3:45 PM

National Instruments Hungary Ltd (NI) is building a Science Park for some HUF 4bn at their headquarters in Debrecen, for which the enterprise has won EU funding of HUF 1.9bn through a New Széchenyi Plan tender, NI CEO László Ábrahám said at the topping out ceremony of the project. As the CEO stressed, some 300 people, mostly research and development engineers, are planned to be employed at the 6000sqm Science Park.

Statement of the Prime Ministers of the Visegrád Countries on Ukraine

Prime Minister’s Office, March 4, 2014 3:28 PM

The Prime Ministers of the Visegrád Countries are deeply concerned about the recent violation of Ukraine’s territorial integrity and the fact that the Russian parliament has authorized military action on Ukrainian soil against the wishes of the Ukrainian Government. This represents a serious escalation. We condemn all action threatening the sovereignty and territorial integrity of Ukraine and call on to decrease the tensions immediately through dialogue, in full respect of Ukrainian and international law and in line with the provisions of the 1994 Budapest Memorandum.

Water Quality Improvement Project Launched

Ministry of Rural Development, March 4, 2014 2:42 PM

A water quality improvement project costing a total of over 600 million forints (EUR 2 million) has been launched in Kenderes-Bánhalma and Karcag with the support of the New Széchényi Plan.