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Stringent Checks on Pangasius Fish Products

Ministry of Rural Development, December 19, 2012 4:31 PM

Minister for Rural Development Sándor Fazekas ordered the increased monitoring of Pangasius fish products on 19 December 2012. The Minister is asking consumers to be extra cautious about what food products they purchase during the Christmas period.

Public administration reform will also create budget stability for local governments

Ministry of Public Administration and Justice, December 19, 2012 2:56 PM

Public administration reform in Hungary has reached a new phase. From January 2013 there will once again be administrative districts: these are the smallest geographical units of public administration, which used to be a traditional part of Hungarian public administration.

Investments worth more than EUR 1.5 billion secured

Ministry for National Economy, December 19, 2012 2:47 PM

Earlier today an agreement has been concluded between the Government of Hungary and the Wanhua Industrial Group of China envisaging that the Wanhua Group will implement long-term, strategic investment projects worth around EUR 1.6 billion in Hungary, expected to create hundreds of jobs in a backward region.

Strategic cooperation agreement concluded between the Government of Hungary and Tesco-Global Stores Zrt

Ministry for National Economy, December 19, 2012 1:57 PM

The agreement was signed by Minister of State at the Ministry for National Economy Zoltán Cséfalvay as representative of the Government and Chief Executive Officer Gerard Gray of Tesco-Global Stores Zrt.

160 000 more people are employed since 2010

Ministry for National Economy, December 18, 2012 5:17 PM

According to the latest data compiled by the Hungarian Central Statistical Office (KSH), in August-October 2012 the number of employed was 3 million 935 thousand, which is 71 thousand more than one year ago and 160 thousand more since 2010.

Hungarian soldiers have earned great respect

Ministry of Defence, December 18, 2012 4:50 PM

The exceptional skills of Hungarian soldiers serving in Afghanistan have earned great respect for the nation, President János Áder said during a visit to Kabul.

Pensions to retain real value next year, says the Prime Minister

Prime Minister’s Office, December 18, 2012 3:50 PM

Pensions will retain their purchasing power next year, Prime Minister Viktor Orbán announced at the session of the Elderly Affairs Council in Parliament, adding that following the reforms of the past two and a half years, the economy is expected to grow in 2013.

Parliament makes Historic Decision

Ministry of Rural Development, December 18, 2012 2:29 PM

The Hungarian Parliament came to a historic decision on 17 December 2012 when it amended Hungary's Fundamental Law to include the obligation to provide the highest possible level of protection, maintenance and preservation for farmland, water stocks and biological diversity.

EDP procedure against Hungary should be lifted next summer

Prime Minister’s Office, December 18, 2012 12:13 PM

The European Commission should lift the excessive deficit procedure (EDP) against Hungary in the summer since the country is keeping the deficit under the 3% European Union threshold, State Secretary for Foreign Affairs and External Economic Relations Péter Szijjártó said on commercial news channel HirTV late Monday.

Foreign currency debt issuance may not be necessary next year

Ministry for National Economy, December 17, 2012 6:01 PM

According to Minister of National Economy György Matolcsy, Hungary may not need to issue foreign currency denominated government securities on international financial markets next year. That was one of the issues the Minister spoke about at the economic programme G7 of Hungary’s public service broadcaster Kossuth Radio on Saturday.