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The Japan Credit Rating Agency (JCRA) raised Hungary’s credit rating

Ministry of Finance, February 21, 2017 12:56 PM

The agency revised the country’s rating of foreign currency denominated debt upward from “BBB” to “BBB+” and that of forint denominated debt from “BBB+” to “A”, by one notch each, with stable outlook. The JCRA’s decision also confirms that Hungary has been growing stronger, and the economy’s performance is being recognized abroad.

Supplier development programme to promote domestic enterprises

Ministry of Finance, February 21, 2017 12:55 PM

The Government is aiming to involve the highest possible number of Hungarian SMEs in the development and production of goods with high added value and help them join the supplier networks of large international companies, Minister for National Economy Mihály Varga said at press conference organized to present the Government’s relevant scheme.

Brussels seeking to withdraw ever more Member State powers from EU Member States

Cabinet Office of the Prime Minister, February 21, 2017 12:03 PM

Csaba Dömötör takes the view that Brussels is seeking to withdraw ever more Member State powers from EU Member States without authorisation from the citizens of the EU, but the Hungarian Government will fight these attempts, the Tuesday issue of the newspaper Magyar Idők reports.

Previous EU development cycle must be closed this year

Prime Minister’s Office, February 21, 2017 11:11 AM

The country has two major tasks to complete this year in the area of the utilisation EU funds: we must complete the financial closing of the previous development cycle, and must take action to explore our new opportunities, János Lázár said at the consultation held with interest representations regarding EU funds.

The Hungarian Defence Forces must be strengthened for Hungarian citizens

Ministry of Defence, February 21, 2017 10:42 AM

Speaking in the program of TV channel M1 on Monday evening, Minister of Defence Dr. István Simicskó pointed out that the Hungarian Defence Forces must be strengthened not only because of NATO but also for our own self-esteem and the security of Hungarian citizens.

More and more anxious statements from the West

Government, February 21, 2017 10:23 AM

According to the Prime Minister’s Chief Security Advisor, there are more and more anxious statements in Western Europe, France, Italy, Holland and some Scandinavian countries concerning the migration situation that has developed.

National consultation to be launched on threats faced by Hungary

The Prime Minister, February 21, 2017 8:58 AM

In an address before the start of daily business on the opening day of the spring session of Parliament, Prime Minister Viktor Orbán announced that there will be a national consultation on the five dangers which Hungary will have to face this year.

National consultation to begin on the dangers facing Hungary

The Prime Minister, February 21, 2017 8:56 AM

In Parliament on Monday Prime Minister Viktor Orbán announced that a national consultation is to be held on the five dangers that Hungary will have to face this year.

F. Segura to expand its Szolnok plant with an investment of 17 million euros

Ministry of Foreign Affairs and Trade, February 20, 2017 3:04 PM

“F. Segura Hungária Ltd. will be expanding its factory in Szolnok with an investment of 5.3 billion forints (EUR 17.2 million); the Hungarian Government is contributing 680 million forints (EUR 2.2 million) towards the latest investment by the Spanish automobile industry parts manufacturer”, Minister of Foreign Affairs and Trade Péter Szijjártó announced.

New parliamentary session begins

Cabinet Office of the Prime Minister, February 20, 2017 8:00 AM

“Compared to the last day of Parliament, today minimum wages are much higher, corporation taxes have fallen significantly, family tax benefits have increased and VAT on internet access has been reduced”, the Cabinet Office of the Prime Minister’s Parliamentary State Secretary, Csaba Dömötör said at a press conference in Budapest on Saturday.