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Hungary and Bavaria agree on MKB acquisition

The Prime Minister, November 7, 2014 10:16 AM

„The Hungarian and Bavarian governments have come to an agreement on all issues regarding the acquisition of MKB Bank Zrt. by the Hungarian state”, Prime Minister Viktor Orbán and Minister-President of Bavaria Horst Seehofer announced following private talks on Thursday in Munich.

CEPOL is the first EU institution to have its headquarters in Budapest

Ministry of Interior, November 6, 2014 5:34 PM

The European Police College (CEPOL) is the first EU institution to have its headquarters in Budapest, Minister of Interior Sándor Pintér said at the inauguration ceremony.

As in September, the state budget closed the month with a surplus in October

Ministry of Finance, November 6, 2014 3:17 PM

The central sub system of the state budget had a cash-flow-based surplus of HUF 35bn in the month of October 2014, thus total deficit declined to HUF 809.6bn by the end of the month. This figure constitutes 82.2 percent of full-year estimate.

Lech Walesa receives Visegrád Bridge Award

Prime Minister’s Office, November 6, 2014 2:55 PM

Former Polish President Lech Walesa, one of the founders of Visegrád (V4) cooperation, was presented with the Visegrád Bridge Award on Wednesday in Parliament.

Minister Balog unveils memorial plaque in Shanghai

Ministry of Human Capacities, November 6, 2014 11:59 AM

Minister of Human Capacities Zoltán Balog unveiled on Monday in Shanghai a plaque commemorating Pál Komor, a Hungarian Jew who lived in Shanghai between 1898-1948, who during World War II, helped an estimated 16,000 Jewish refugees – mainly from Germany and Austria – relocate to the United States, Canada or Australia.

Statement of the Ministry of Foreign Affairs and Trade of Hungary on the "elections" held in Donbass and the related participation of Hungarian "observers"

Ministry of Foreign Affairs and Trade, November 6, 2014 8:36 AM

The Ministry of Foreign Affairs and Trade of Hungary reconfirms its commitment to an independent, democratic, stable, modern and prosperous Ukraine among its internationally recognized borders.

Hungary is worthy of investor confidence

The Prime Minister, November 5, 2014 5:24 PM

“Just like in the automotive industry, it is also difficult to introduce new models within the economy; the Hungarian model, which has set full employment as its goal, is successful”, Prime Minister Viktor Orbán said in Győr at the factory production launch of the new Audi TT Roadster.

More funding for research and development

Prime Minister’s Office, November 5, 2014 5:06 PM

“Hungary must become the region’s research and innovation centre; according to government plans, the funding provided to the sector will increase to 1.8 percent of GDP within the near future”, Government Spokesperson Éva Kurucz stressed at a press conference held jointly with the Government Commissioner responsible for tasks related to the establishment of the National Research, Development and Innovation Office.

Hungary to have 20 car industry innovation centres until 2018

Ministry of Finance, November 5, 2014 1:52 PM

The majority of the largest vehicle manufacturers and suppliers have been present in Hungary and the Government’s goal is to have 20 car industry innovation centres in Hungary until 2018, Minister for National Economy Mihály Varga said at an exhibition in Budapest.

European Commission upgraded Hungary’s growth estimate for this year

Ministry of Finance, November 4, 2014 5:15 PM

In the European Commission Outlook published earlier today, the economic growth prognosis for Hungary was once again revised upward. This estimate is in line with the Government’s projection. Data for 2014 and 2015 are also noteworthy as the pace of growth within the EU28 is expected to slow down.