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GDN Hungarian Academy of Sciences

Ministry of Foreign Affairs, June 16, 2012 2:52 PM

Deputy State Secretary of Foreign Affairs János Hóvári’s Address to the 13th Annual Conference of Global Development Network Hungarian Academy of Sciences, June 16, 2012.

Stable budget, growing economy: the Government submitted the budget of Hungary for the year of 2013

Ministry for National Economy, June 16, 2012 12:05 PM

In the past couple of months, in the midst of a protracted financial-economic crisis, the government has carried out structural reforms by which the fiscal balance was made sustainable and general government debt was set on a downward path.

Viktor Orbán had talks with Igor Luksic, Prime Minister of Montenegro, today

Government, June 15, 2012 2:50 PM

The Hungarian Government has every reason to support Montenegro’s accession to the European Union and NATO, and to encourage the Hungarian business community to build extensive relations with Podgorica, Viktor Orbán said after the meeting. Hungary looks upon Montenegro, a success story based on its economic indicators, as a country of far greater significance than its size would warrant and that plays a major role in the maintenance of regional stability.

Development Cabinet in charge of coordinating priority development policy decisions

Government, June 15, 2012 1:51 PM

The Government is setting up a development cabinet in the interest of fast, well-founded and coordinated preparation and enforcement of government decisions in the field of development policy. The Cabinet will include key members of the Government, and it may invite further members of the Government to its sessions if their remits are affected by an agenda item.

More effective representation for counties in Brussels

Ministry of Public Administration and Justice, June 15, 2012 1:48 PM

The H4- HunOR Representative Office in Brussels to be opened under the auspices of the Ministry of Public Administration and Justice will provide a more effective and more active presence in Brussels for both the counties of Hungary and the Hungarian research and development sector. By virtue of opening the office, the Ministry hopes to improve the aid level of counties and the entire Hungarian R+D sector available from EU funding. Thanks to the new information network, counties will have a direct link to tender funding made available in Brussels for the fulfilment of their new development tasks.

Development Cabinet in charge of coordinating priority development policy decisions

Government, June 15, 2012 1:45 PM

The Government is setting up a development cabinet in the interest of fast, well-founded and coordinated preparation and enforcement of government decisions in the field of development policy. The Cabinet will include key members of the Government, and it may invite further members of the Government to its sessions if their remits are affected by an agenda item.

Drawdown of EU funds for businesses and local governments is accelerating

Government, June 15, 2012 1:07 PM

At its meeting on Wednesday, the Government decided to provide two new pre-financing systems for businesses and municipalities so that payment of EU funds will be accelerated. In order to finance projects receiving EU funds, a 30 per cent deposit will be given to businesses; in addition, a HUF 50 billion fund will be created for down payments needed by local governments in order to apply for EU grants.

Mr. Roland Nátrán is the new managing director at EXIM Bank and Mehib Ltd.

Ministry for National Economy, June 15, 2012 10:48 AM

The Governmnet of Hungary considers it a priority to support domestic exports within the framework of its economic policy strategy. In line with this strategy the key objective of the government is -- via providing financing for the export of Hungarian goods and services for enterprises based in Hungary – to enable them to fully exploit their export opportunities that would therefore increase their competitiveness on external markets and to stimulate the Hungarian investments of foreign entrepreneurs.

Slight decline of industrial output in the initial four months of the year

Ministry for National Economy, June 15, 2012 10:37 AM

In the initial four months of 2012 the volume of industrial production declined by 0.8 percent in comparison to the same period of the previous year, while in the fourth month of the year the decline of output volume was 3.1 percent according to both unadjusted and workday-adjusted statistics. Seasonally and workday-adjusted data on a monthly basis signal a decline of 2.4 percent in the observed period. It is a positive sign however that there was substantial increase in total new orders of the manufacturing industry on an annualized basis. In addition, the already apparent positive impact of the opening of Mercedes plant indicates a brighter future with regard to industrial production.

There was another consultation between the Government and the participants of the Jewish Community Round Table

Ministry of Public Administration and Justice, June 15, 2012 8:19 AM

Government commissioner Dr András Levente Gál had another consultation on Wednesday on behalf of the Government with the representatives of the local and international Jewish religious communities participating in the meetings of the Jewish Community Round Table.