Finland’s Nokia is investing 3 billion forints (EUR 9.8m) at its research and development centre in Budapest, State Secretary for Foreign Affairs and External Economic Relations Péter Szijjártó and Nokia Networks Managing Director Róbert Ésik announced on Wednesday.
Following an increase of 8.1 percent in March 2014, industrial output was up by 10.6 percent year-on-year in March 2014. This has been the best figure over the past three years. Recently published data are signalling the success of the Government’s active industrial policy which aims to increase the country’s industrial output-to-GDP ratio to the highest level within Europe, Minister of State for Economic Regulation Kristóf Szatmáry said.
Prime Minister Viktor Orbán will present his new government on June 6, János Lázár, Minister of State heading the Prime Minister's Office, announced in Parliament on Tuesday.
The decision of the European Commission to provide € 111m in funding towards construction of the laser research centre in Szeged, Hungary, means that the financing for the first phase of the large scientific project is fully available, Deputy State Secretary for Development Policy Communication Nándor Csepreghy announced on Monday in Szeged.
The Parliament has extended the moratorium on the eviction of those indebted through foreign currencies for an indefinite period on Monday.
"What the Prime Minister said concerning autonomy included no new elements compared to the Hungarian politics of governments during the past 25 years" Foreign Minister János Martonyi stressed in Brussels on 12 May 2014 in reply to a question from the press on his opinion regarding the right to autonomy of Hungarians living in neighbouring countries voiced by Prime Minister Orbán.
Hungary’s National Cultural Fund (NKA) will launch a new popular music support program under the name of former pop singer Tamás Cseh, Minister for Human Resources Zoltán Balog announced on Monday in Budapest. Balog said that the Tamás Cseh program will have a budget 400 million forints (EUR 1.31 million) this year and at least 100-100 million in the next two years. Hungary has annual copyright tax revenues of 4 billion forints on blank data storage devices such as DVDs or pen drives, and according to a law passed in 2013, 25% of this tax will be transferred from this year to NKA, allowing for additional initiatives as the Tamás Cseh program.
Hungary's new national assembly re-elected Viktor Orbán as prime minister on Saturday, with 130 votes in favour and 57 against, after which he took the oath of office, and addressed Parliament.
The new government will work with nine ministries, according to a proposal submitted to Parliament on Saturday.
Young Roma in Hungary must find their own individual path and pursue their own careers, the Minister of Human Resources Zoltán Balog told the annual conference of Christian Roma Special Colleges on Saturday.