Hungary’s policy for assisting innovative start-ups has made a successful debut in Sweden, Minister of State for Parliament and Economic Strategy Zoltán Cséfalvay told MTI, calling from Sweden following a Hungarian innovation forum.
Charge d’Affaires of the Embassy of the United States of America M. André Goodfriend and Minister of State for Taxation and Financial Affairs Gábor Orbán signed an agreement today between the governments of Hungary and the United States of America to implement the U.S. Foreign Account Tax Compliance Act (FATCA).
Because of forint exchange rate volatility this year’s budget does not have to be modified and the Government has a firm grip on fiscal processes, Minister for National Economy Mihály Varga said at a press conference, adding that the fiscal deficit will be below 3 percent and following a period of turbulences the Government is expecting markets to cool off.
Government welcomes the decision of the European Court of Justice confirming that the Hungarian retail tax did not constitute discrimination among different forms of retail organisations.
The Ministry for Human Resources and the Johannite Caritative Service has donated a significant amount of food, which the Budapest Childcare Service will distribute to 2,800 children living in orphanages and at foster parents.
“The Government has established very effective cooperation with caritative agencies” – Minister of State for Social and Family Affairs Miklós Soltész said when presenting over the food packages.
As Hungary currently holds the Rotating Presidency of the Visegrád Group until 30 June, Hungary hosted the traditional tourism summit of the member countries.
According to State Secretary for Foreign Affairs and External Economic Relations Péter Szijjártó, the Hungarian car industry is in exuberant form, and its performance is proof that the Government has pursued the right strategy in response to the economic crisis.
Foreign Minister János Martonyi gave an interview to Wednesday's Frankfurter Allgemeine Zeitung under the title: "The deal with Russia is good for both sides".
The Hungarian Export-Import Bank (Eximbank) extended its export credit refinancing framework program. The related agreement with twelve credit institutions was signed by Minister for National Economy Mihály Varga and Eximbank CEO Roland Nátrán in Budapest.
Both the Hungarian and the Slovenian foreign ministers visited Lendava (Lendva) where Foreign Minister János Martonyi officially opened the new consular office of the Hungarian embassy in Slovenia on 4 February.