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A competitive regional gas market may be in place by 2017

Ministry of National Development, October 5, 2012 12:56 PM

“The physical infrastructure of the North-South Energy Corridor is expected to become suitable to form the basis for a competitive regional gas market in 2017, and at the latest by that time we also want to have the Croatian resources connected to the system,” said Pál Kovács, Minister of State for Climate Change and Energy of the Ministry of National Development on Thursday at the conference held on “Co-operation in Energy Industry in the Visegrád Countries”.

Two-day international Conference on Cybercrime launched

Government, October 4, 2012 5:56 PM

The two-day international conference on Cyberspace in Budapest was opened by Hungarian Prime Minister Viktor Orbán, who told the conference that few users realise even today that they can fall victim to crime in the cyberspace. Global cybercrime generated more revenue last year than drug trafficking, he added.

Hungary dismayed to learn that Ukraine to fine dual citizens

Ministry of Public Administration and Justice, October 4, 2012 5:25 PM

Hungary learned with dismay that Ukraine's law to enforce a fine on dual citizens, Zsuzsanna Répás, Deputy State Secretary for Hungarian Communities Abroad said on Thursday.

Hungarian diaspora organisations to hold sessions next week

Ministry of Public Administration and Justice, October 4, 2012 5:25 PM

Next week the Hungarian Diaspora Council (MDT) and the Hungarian Permanent Conference (MAERT) will hold sessions, with the aim to produce a register of Hungarian memorials and items of value around the world dubbed "Julianus" and discuss the year of Hungarian nurseries abroad.

Hungary condemns the shelling of Turkish bordertown Akcakale

Ministry of Foreign Affairs, October 4, 2012 5:22 PM

Hungary regards it unacceptable and firmly condemns the shelling of the Turkish town of Akcale as a result of the violent acts along the Syrian-Turkish border on October 3, which has lead to the death of five local citizens, including children, and has caused serious injuries to many others.

Financial consumer rights further strengthened: creation of the Financial Services Complaints Service

Ministry of Public Administration and Justice, October 4, 2012 5:18 PM

The Government is creating the Financial Services Complaints Service as an independent institution, deciding on this after having examined the issue at the prompting of Prime Minister Viktor Orbán.

Prime Minister Orbán discussed the European economic situation with UK Foreign Minister Hague

Prime Minister’s Office, October 4, 2012 5:07 PM

Hungarian Prime Minister Viktor Orban discussed European Union-related issues and the European economic situation during talks with UK Foreign Secretary William Hague in Budapest on Thursday.

Foreign Minister János Martonyi Discussed EU Issues with Foreign Secretary William Hague

Ministry of Foreign Affairs, October 4, 2012 4:58 PM

Foreign Minister János Martonyi and Foreign Secretary William Hague discussed EU issues and other foreign policy questions in Budapest on October 4. Following their meeting they held a joint press conference.

Germany Agrees, Grapevine Funding must be Preserved

Ministry of Rural Development, October 4, 2012 4:43 PM

"Hungary and Germany would both like funding for planting grapevines within the European Union to remain unaltered after 2015", said State Secretary of the Ministry of Rural Development Gyula Budai in Szekszárd, where he held a meeting with the Parliamentary State Secretary of the German Federal Ministry of Agriculture, Food and Consumer Protection on the Common Agricultural Policy (CAP).

Favourable fiscal indicators

Ministry for National Economy, October 4, 2012 3:00 PM

General government gross public debt in percent of GDP, except for two quarters, has been actually on a declining path since the second quarter of 2010, and since the third quarter of 2011 this decline has been even more pronounced. General government net lending in percent of GDP has also significantly improved in the past couple of quarters. Public sector net borrowing as of GDP has not been as favourable as in Q2 2012 for the last 11 years.