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General government budget cash-flow balance at the end of September in better shape than in past years

Ministry of Finance, October 8, 2014 9:20 AM

The central sub sector of the state budget posted a surplus of HUF 14.2bn at the end of September 2014, the best figure in years.

Research Institute of Agricultural Economics celebrates 60th anniversary

Ministry of Agriculture, October 7, 2014 5:03 PM

“The Research Institute of Agricultural Economics (AKI) not only facilitates the work of the State Secretariat responsible for the agricultural economy, but provides professional information to all of the Ministry’s state secretariats. This activity has made the Research Institute the Ministry’s most important base of economic research, and with regard to its function has made it the Ministry’s key background institution”, György Czerván said at the conference organised in honour of the sixty-year-old research institute.

Congratulations from China upon the 65th anniversary of the establishment of diplomatic relations between Hungary and China

The Prime Minister, October 7, 2014 4:25 PM

Chinese Premier Li Keqiang expressed his congratulations and best wishes in a telegram sent to Prime Minister Viktor Orbán on the occasion that Hungary and China entered into diplomatic relations 65 years ago.

The Government welcomes that Tibor Navracsics was found suitable as EU Commissioner

Prime Minister’s Office, October 7, 2014 4:21 PM

The Government welcomes that the European Parliament’s education and culture committee found Tibor Navracsics suitable for the role of member of the European Commission.

Aid worth HUF 1.8 billion provided as part of the “Provisions” scholarship programme

Prime Minister’s Office, October 7, 2014 4:13 PM

The Government supports the studies of some 11 thousand students with aid worth HUF 1.8 billion (EUR 6 million) within the framework of the secondary school and school-leaving examination sub-programme of the “Provisions” (Hungarian: “Útravaló”) scholarship and mentor programme, which aims at promoting the equal opportunities and successful educational advancement of disadvantaged young people.

The Hungarian model is functioning well – IMF significantly improves forecast for Hungary’s economic growth

Prime Minister’s Office, October 7, 2014 4:06 PM

The International Monetary Fund has raised its economic growth forecast for Hungary to an unprecedented extent in its annual World Economic Outlook report. It is now acknowledged by the organisation that the Hungarian economy is likely to grow by nearly 3 percent, while only 2 percent growth was estimated in April. The IMF has also revised its outlook for next year.

28 new hybrid buses to be launched in Budapest

Ministry of National Development, October 6, 2014 5:23 PM

‘The first new hybrid articulated bus will be put into operation in Budapest at the beginning of November, as part of the largest hybrid bus fleet to be operated in the central European capitals’, Minister of National Development Miklós Seszták announced at a Budapest press conference on Sunday.

Award for Successful Enterprises presented for the month of September

Ministry of Finance, October 6, 2014 3:22 PM

Minister for National Economy Mihály Varga presented the “Investor of the Month” award to Evonik Agroferm Fermentációipari Ltd; while Járműszerelvényt Gyártó Ltd was awarded the “SME of the Month” title, and in the category of “Startup of the Month” the Minister handed the award to Skawa Innovation Ltd at a ceremony held in the building of the Ministry for National Economy in Budapest.

Successful recovery effort through united national collaboration: the red sludge disaster occurred four years ago

Government, October 6, 2014 3:09 PM

Hungary’s largest ever industrial disaster with major ecological implications occurred on 4 October 2010. The red sludge that poured forth from the burst storage facility of Mal Zrt. near the town of Ajka flooded three localities: Kolontár, Devecser and Somlóvásárhely. Ten people died in consequence of the disaster, more than two hundred were injured, and hundreds of homes became uninhabitable.

Biggest economic development programme in the history of Hungary about to be launched

The Prime Minister, October 6, 2014 11:54 AM

The biggest ever economic development programme in the history of Hungary will be launched as of the first of January, Prime Minister Viktor Orbán announced on Saturday at the thirty-year celebratory event of Jüllich Glas Holding Zrt. and the inauguration of its central office building in Székesfehérvár.