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The United States will not withdraw André Goodfriend’s diplomatic immunity

Ministry of Foreign Affairs and Trade, January 22, 2015 8:48 AM

The United States will not withraw the diplomatic immunity of former U.S. Chargé d'Affaires André Goodfriend, The Ministry of Foreign Affairs and Trade’s Minister of State for Economic Diplomacy told journalists on Wednesday in Budapest.

Le Bélier invests 8 billion forints in Hungary

Ministry of Foreign Affairs and Trade, January 21, 2015 6:25 PM

French car parts manufacturer Le Bélier is investing 8 billion forints (EUR 25 million) in its new unit in Ajka, West Hungary.

Péter Szijjártó holds talks with Maroš Šefčovič and Johannes Hahn in Brussels

Ministry of Foreign Affairs and Trade, January 21, 2015 5:45 PM

Minister of Foreign Affairs and Trade Péter Szijjártó held negotiations with Commission Vice-President responsible for Energy Union Maroš Šefčovič and Commissioner for European Neighbourhood Policy and Enlargement Negotiations Johannes Hahn on Tuesday in Brussels.

SMEs have a lion’s share from establishing work-based society

Ministry of National Development, January 21, 2015 4:02 PM

Small and medium enterprises (SMEs) have a lion’s share from establishing a work-based society, Minister of National Development Miklós Seszták said at the inauguration ceremony of the new packaging plant of Adu Alba Kft., a Hungarian-owned enterprise with annual revenues exceeding HUF 500m, in Székesfehérvár on Tuesday.

New Visitors’ Centre opens at Tapolca Lake Cave

Ministry of Agriculture, January 21, 2015 11:49 AM

“The Tapolca Cave Lake is one of the world’s unique attractions, which thanks to the new Visitors’ Centre, constructed with the help of 300 million forints in European Union funding, can now expect to welcome even more tourists than the current number of 100 thousand-a-year”, Minister of Agriculture Sándor Fazekas said at the inauguration ceremony on Tuesday.

23rd consecutive month of higher wages

Ministry of Finance, January 21, 2015 11:18 AM

The Hungarian Central Statistical Office (KSH) reported earlier today that in November 2014 and in January-November 2014 wages in real terms were up by 1.8 percent and 2.9 percent, respectively, within the national economy. Thus, the positive wage growth trend has been unbroken for twenty-three months in a row.

Hungary spared HUF 1000bn of extra debt

Ministry of Finance, January 21, 2015 10:44 AM

Thanks to Government measures aimed at cutting foreign currency denominated debt, Hungary has been spared HUF 1000bn of extra liabilities, the Minister for National Economy said on public television M1 earlier this morning.

Nuclear retreat in Europe reduces competitiveness

Ministry of National Development, January 21, 2015 9:40 AM

The retreat from nuclear energy in Europe reduces both competitiveness and energy security, chief economist of IEA Fatih Birol said at a press conference held at the Ministry of National Development on 15 January, 2015.

It is easier to respond to global challenges in cooperation with Russia

Ministry of Foreign Affairs and Trade, January 20, 2015 4:47 PM

Minister Péter Szijjártó said at the meeting of EU ministers of foreign affairs in Brussels that according to the Hungarian standpoint, it is Europe’s long-term interest to establish a predictable, healthy and balanced cooperation with Russia that is based on mutual respect and international law as well.

The Hungarians have good reason to trust in Mercedes

The Prime Minister, January 20, 2015 4:13 PM

“There are six thousand companies founded fully or partly with German capital operating in Hungary, which influence the lives of over one million Hungarians”, Prime Minister said on Tuesday in Kecskemét at the event organised to mark the launch of serial production of the new Mercedes-Benz CLA Shooting Brake.