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International Solidarity is required to Protect Agricultural Interests

Ministry of Rural Development, November 22, 2012 4:14 PM

"EU member states with significant agriculture must cooperate and act jointly to protect the interests of the agricultural sector", Parliamentary State Secretary of the Ministry of Rural Development Gyula Budai told Hungarian news agency MTI on Wednesday in Berlin.

New tax relief aimed at stimulating R&D activities of enterprises and increasing payroll figures in the sector

Ministry for National Economy, November 22, 2012 3:36 PM

Economic policy projections focus on growth and increasing employment. Economic development based on research, knowledge and innovation as well as stimulating R&D&I required for producing goods of high added value is the sine qua non of this objective. This is what the National Research, Development and Innovation Strategy serves, which ambitiously targets R&D spending in Hungary to reach 1.8 percent of GDP by 2020. It has been one of the key resolutions of the Government to assist accomplishing this goal via the instruments at its disposal and one of these is establishing a competitive R&D tax incentive system. Indirect tax incentives may carry several advantages (less distortion to market processes; smaller administrative burden; more transparency and predictability, lower direct R&D costs and significantly influence the choice of investment location by large enterprises).

Temporary extra taxes on retail trade and telecommunication sectors to be abolished

Ministry for National Economy, November 22, 2012 3:12 PM

Irrespective of the verdict by the European Commission, measures which have been the basis for infringement procedures will be phased out. According to a previous decision of the Hungarian Government, irrespective of the Commission’s decision, extra taxes levied temporarily on certain sectors such as retail trade and telecommunication will entirely be abolished, as of 1 January 2013.

Gyula Budai: A Decrease in Agricultural Funding would be Unacceptable

Ministry of Rural Development, November 22, 2012 11:41 AM

"It would be unacceptable to Hungary if the sum available for agricultural funding within the European Union's next seven-year Multiannual Financial Framework were to decrease", Parliamentary State Secretary of the Ministry of Rural Development told Hungarian news agency MTI on Tuesday in Berlin.

Press Release of the Ministry of Foreign Affairs on the attack in Tel Aviv

Ministry of Foreign Affairs, November 22, 2012 10:01 AM

The Ministry of Foreign Affairs has been shocked to hear about today’s bomb attack in Tel Aviv, in which several people were injured.

The Hungarian Government has signed its fifth strategic partnership agreement this year

Prime Minister’s Office, November 21, 2012 6:17 PM

The Hungarian Government signed a strategic partnership agreement with the local unit of the Japanese automobile manufacturer Suzuki on 21 November.

The Kayser Automotive Hungária Ltd. has doubled the size of its factory

Prime Minister’s Office, November 21, 2012 5:26 PM

Kayser Automotive Ltd. has opened a new 3200 m2 plant facility in the Komárom Industrial Park on Wednesday. The expansion has created more than 50 new workplaces in the plant specialized in producing plastic car components, fuel cables, air channels, pressure regulating valves and other plastic components.

Minister of State Zsolt Németh: Hate speech against Jews, Roma “outrage against the nation”

Ministry of Foreign Affairs, November 21, 2012 5:15 PM

Anyone who incites hatred against people of Jewish, Roma origin or any other members of the nation of a different identity or origin commit an outrage against the whole Hungarian nation by dividing it, Minister of State for Foreign Affairs Zsolt Németh told a conference November 21, 2012.

Hungary Has Performed Excellently on Two NATO Exercises

Ministry of Defence, November 21, 2012 4:18 PM

Hungary has performed excellently on the annual NATO Crisis Management Exercise (CMX 12) and the cyber defence exercise Cyber Coalition 2012 as well – Brig.-Gen. (Eng.) Dr. József Tokovicz, the Director-General of the Ministry of Defence Defence Administration Office and Mihály Zala, the President of the National Security Authority announced in Budapest.

New Water Purification Kit Developed by the Hungarian Defence Forces

Ministry of Defence, November 21, 2012 4:10 PM

The companies of the Ministry of Defence (MoD) have developed water purification and arsenic removal devices based on a new patent. The recent innovations include a bus that may be deployed in extreme circumstances too, Zoltán Borbíró, the Deputy State Secretary of the Ministry of Defence told the Hungarian News Agency MTI in an interview.