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Foreign Minister optimistic regarding end of deficit procedure

Ministry of Foreign Affairs, May 24, 2013 12:56 PM

Foreign Minister János Martonyi has expressed his confidence regarding the European Commission’s decision next Wednesday on lifting the excessive deficit procedure (EDP) launched against Hungary in 2004.

The National Building Energetics Strategy will be Published This Year

Ministry of Rural Development, May 24, 2013 11:51 AM

"There are more than two million detached houses in Hungary, built mainly between 1945 and 1990, that are in need of energetic modernisation. Renovation work would partly be realised with the help of European Union funding", said the Ministry of Rural Development's Minister of State of Environmental Affairs Zoltán Illés at a press conference on Friday.

Zsolt Németh in Canada: Immigration Issue Solved

Ministry of Foreign Affairs, May 24, 2013 11:34 AM

During his visit to Canada, Parliamentary State Secretary Zsolt Németh declared that issues concerning Hungarian Roma immigrants in Canada have been resolved thanks to continuous bilateral dialogue, thereby bypassing any reintroduction of visas for Hungarian visitors.

Development project of over HUF 4bn completed in Eger

Ministry for National Economy, May 24, 2013 11:26 AM

ZF Lenksysteme Hungary, a manufacturer of steering systems, has expanded its existing production facility in Eger within the framework of a development project costing over HUF 4bn, the company announced as the new site was opened in the city.

Search for Hungarian mountaineers stopped

Ministry of Human Resources, May 23, 2013 5:41 PM

The search for Hungary’s most successful mountaineer of all time, Zsolt Erőss and his companion, Péter Kiss was stopped after the two disappeared at 8,000 metres while descending from Kanchenjunga, the third highest mountain in the world on the boundary between Nepal and India.

Minister Navracsics: a strong Hungary can only be built from flourishing communities

Ministry of Public Administration and Justice, May 23, 2013 5:18 PM

In Nemesvámos, Veszprém County on Thursday – at a conference entitled ‘Love the Hungarians!’ – Deputy Prime Minister Tibor Navracsics said that a strong Hungary can only be built from flourishing communities.

Prime Minister: Constitutional Court essential to Hungary

Prime Minister’s Office, May 23, 2013 4:42 PM

The time of constitutional debate is over, Prime Minister Viktor Orbán stated on Thursday, after a meeting with head of the Constitutional Court Péter Paczolay.

Prime Minister to discuss further economic measures with Minister Varga

Prime Minister’s Office, May 23, 2013 4:41 PM

The Prime Minister and the Minister of National Economy will discuss further possible measures to ensure the budget deficit target is maintained, Government Spokesperson András Giró-Szász said on Thursday. According to plans, the meeting will take place on Friday.

Technical recession over as growth hits 0.7 percent in Q1 2013

Ministry for National Economy, May 23, 2013 4:00 PM

In the first quarter of 2013, Hungary’s economy expanded by 0.7 percent compared to the previous quarter, which means that recession, in a technical sense, has come to an end in Hungary. According to unadjusted data GDP fell by 0.9 percent year-on-year, while seasonally- and calendar-effect adjusted data signal that the economy shrank by 0.3 percent compared to the first quarter of 2012. Thanks to the stability measures introduced so far, the Hungarian economy has entered an upward economic path, and the latest data corroborate the Government’s 0.7 percent growth estimate for 2013 as laid down in the Convergence Programme.

Austrian and Hungarian experts discuss labour market prospects for youth in Burgenland

Ministry for National Economy, May 23, 2013 11:45 AM

Austrian and Hungarian professionals held a three-day conference on the labour market status of young people in Szalónak (Stadtschlaining) in the Austrian province of Burgenland, bordering Hungary.