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The Government is assuming all local government debt

Ministry of Interior, December 4, 2013 12:27 PM

The Government is assuming all local government debts, a total of HUF 1247 billion – Minister of Interior Sándor Pintér said in Miskolc on Monday.

Robert Capa Contemporary Photography Centre Opens

Ministry of Human Resources, December 4, 2013 12:21 PM

The Robert Capa Contemporary Photography Centre opened in Budapest on Monday evening with the exhibition Projected contemporary images. At the opening, Minister of Human Resources Mr. Zoltán Balog emphasised that the Government provided HUF 155 million (app. EUR 516 000) in 2013 for the functioning of the institution and will provide HUF 198 million (app. EUR 660 000) in funding in 2014.

Transatlantic cooperation increasingly important, PM chief advisor tells conference

Prime Minister’s Office, December 4, 2013 11:51 AM

Changes in the world over the past few years have forced both the US and Europe to tighten their cooperation, Réka Szemerkényi, chief advisor to the Hungarian prime minister told a conference entitled ’Foreign and security policy challenges in the new world order’ in Budapest on Wednesday.

Mihály Varga hopes to see more rate cuts

Ministry for National Economy, December 4, 2013 11:15 AM

The Minister for National Economy Mihály Varga said at a presentation held at the Óbuda University, he hopes that “there will be room for more rate cuts; it is a possibility given the historic low level of inflation.”

Hungarian economic growth of 1.8 percent beats preliminary figure

Ministry for National Economy, December 4, 2013 11:14 AM

In the third quarter of 2013, according to unadjusted data Hungary’s year-on-year GDP growth was 1.8 percent, higher than the preliminary figure, while GDP was up by 1.6 percent on the basis of data adjusted for seasonal and calendar effects. Quarter-on-quarter, GDP increased by 0.9 percent. Thanks to the Government’s economic policy, the Hungarian economy has entered a steady growth path.

The awards for the best export companies have been presented

Prime Minister’s Office, December 4, 2013 10:42 AM

The Hungarian Investment and Trade Agency (HITA) presented awards to the best export companies for the second time this year. The awards were presented by State Secretary for Foreign Affairs and External Economic Relations Péter Szijjártó.

Retail sales up by 2.5 percent

Ministry for National Economy, December 4, 2013 10:39 AM

The upward trend of retail sales growth, in place for several months, continued in October, as the sector expanded by 2.5 percent year-on-year. Besides the increase, which was the highest in six months, over the past period some other outstanding results were achieved such as constantly rebounding foreign trade, growing investment, GDP growth of 1.7 percent in the third quarter, better-than-expected industrial and construction sector data as well as record-breaking employment figures.

One-hundred thousand to receive winter schooling within the public work programme

Ministry of Human Resources, December 4, 2013 9:21 AM

"One hundred thousand people involved in the public work programme will be entitled to attend school for four months in winter while receiving the public work allowance of HUF 49,000", Minister of Human Resources Zoltán Balog announced at the symposium of the Jesuit Roma Vocational College in Budapest on Friday.

Santa Claus from Finland surprised children living on the Kaposmérő Roma estate

Ministry of Human Resources, December 4, 2013 8:15 AM

Joulupukki from Lapland visited the locality of Kaposmérő-Baglaspuszta in one of the country’s poorest regions on Tuesday. On his visit to the locality inhabited 94 per cent by Roma, Santa Claus was accompanied by Zoltán Kovács, Minister of State for Social Inclusion at the Ministry of Human Resources.

Hungarian-Serbian social security agreement signed

Ministry of Human Resources, December 4, 2013 8:12 AM

A social security agreement was signed by Parliamentary Minister of State of the Hungarian Ministry of Human Resources András Doncsev and by Ambassador of Serbia Rade Drobac, on Friday in Budapest.