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Foreign Minister János Martonyi on the crisis in Syria

Ministry of Foreign Affairs, September 10, 2013 9:56 AM

Hungary has a principled and consistent position concerning the crisis in Syria. We have made it clear that the Assad regime has lost its legitimacy to govern Syria because it has waged a war against its own people without any scruples.

This year’s below 3 percent deficit target will be met

Ministry for National Economy, September 9, 2013 4:58 PM

The central sub-sector of the state budget posted a deficit of HUF 110.0bn for the month of August 2013. The financial transfer data of the central budget at the end of August is in line with the Government’s prior expectations. Revenues and expenditures anticipated for the current and the following months – including an outstanding surplus prognosticated for the month of December – confirm the expectation that this year’s below 3 percent deficit target will be met.

Suspended disbursements to Hungary may recommence within days, says EU commissioner

Prime Minister’s Office, September 9, 2013 4:45 PM

Hungary has accepted the European Commission’s five percent correction proposal in the case of ten EU-funded operative programmes, which was necessary due to deficiencies in earlier contracts, Minister of State heading the Prime Minister’s Office and recently appointed Government Commissioner in charge of the National Development Agency János Lázár announced following talks with European Commissioner for Regional Policy Johannes Hahn in Brussels.

Hungary's economy is back on a growth path

Prime Minister’s Office, September 9, 2013 3:38 PM

The repayment of its 2008 loan to the International Monetary Fund and the abrogation of the excessive deficit procedure launched by the European Union upon the country’s accession to the EU mark Hungary’s economic upswing and the Government forecasts 2 per cent growth in 2014, Prime Minister Viktor Orbán told lawmakers in his pre-agenda speech on Monday at the opening of the autumn session of Parliament.

Time-Stamped Stickers to be Introduced to Combat Illegal Contracts

Ministry of Rural Development, September 9, 2013 12:46 PM

In future, all contracts officially prepared by lawyers would include a time-stamped sticker, making undated contracts concluded earlier, including illegal, so-called "pocket contracts" useless, Chairman of the Hungarian Bar Association János Bánáti said on Friday in Budapest at the meeting of the inter-ministerial committee set up to examine the issue of illegal contracts, explaining the organisation's proposal. The Ministry of Rural Development's Parliamentary State Secretary, Gyula Budai, spoke to kormany.hu about the issue.

Minister Fazekas: 2010 was the Beginning of a New Era in Rural Policy

Ministry of Rural Development, September 9, 2013 12:13 PM

A new era in Hungarian rural policy began in 2010, the essence of which is that the development of villages is an issue of key national importance and there is a need for even the smallest settlements, said Minister for Rural Development Sándor Fazekas on Friday in Kuncsor at the inauguration of the new village service centre.

Hungary's water treasures in focus at the 2015 Milan Expo

Prime Minister’s Office, September 6, 2013 3:21 PM

The Hungarian Government made the final decision on Wednesday that Hungary would be represented at the Milan Expo to be held between 1 May and 31 October 2015, in Italy. Some 128 countries have indicated they will be participating and a total of 20 million guests are expected during the six months of the event.

Suzuki launches production of new SX4 model in Esztergom

Prime Minister’s Office, September 6, 2013 3:16 PM

The first Suzuki SX4 S-CROSS, a compact crossover design for both city and leisure introducing many innovative features, was jointly driven off the production line at the car manufacturer's plant in Esztergom by President and CEO of Suzuki Motor Corporation Osamu Suzuki and Prime Minister Viktor Orbán.

Another encouraging sign: Hungary’s industrial output gained 4.8 percent

Ministry for National Economy, September 6, 2013 11:13 AM

According to preliminary data for July by the Hungarian Central Statistical Office (KSH), the volume of industrial production was 4.8 percent higher compared to the level one year ago. This figure has been an outstanding one within the past couple of months. Thus, the Government’s aspiration to turn Hungary into a European production hub is about to be fulfilled.

Banks must amend foreign currency mortgage contracts, Prime Minister says

Prime Minister’s Office, September 6, 2013 11:08 AM

Prime Minister Viktor Orbán considers amending foreign exchange mortgage contracts a moral responsibility for banks. In public Kossuth radio’s morning show 180 minutes, he also highlighted that the recent economic data are signs of Hungary’s recovery.