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Moody’s has upgraded Hungary’s sovereign debt

Ministry of Finance, November 5, 2016 11:26 AM

After Fitch and Standard and Poor’s, the credit rating agency Moody’s Investors Service has also awarded Hungarian government securities an investment grade. As a result, after international organisations and market investors, all three major credit rating agencies have likewise followed suit in recognising the achievements of Hungary’s economic policy.

Prime Minister Viktor Orbán had talks with Chinese Premier

The Prime Minister, November 5, 2016 11:23 AM

Prime Minister Viktor Orbán had talks with the Chinese Premier in Riga, Bertalan Havasi, the head of the Press Office of the Prime Minister told the Hungarian news agency MTI on Saturday in Riga.

Foreign trade between Indonesia and Hungary may increase ten-fold within two to three years

Ministry of Foreign Affairs and Trade, November 4, 2016 5:11 PM

Foreign trade between Indonesia and Hungary may increase ten-fold within two to three years, and Hungarian exports may reach HUF 400 billion, the Minister of State at the Ministry of Foreign Affairs and Trade told the Hungarian news agency MTI from Jakarta.

Government to protect „Hungarian Google tax”, the advertisement tax

Ministry of Finance, November 4, 2016 2:54 PM

The Government is committed to retaining the current rules regarding the advertisement tax, and will do everything in order to protect this innovative Hungarian initiative which allows the state budget to collect the taxes that are due from global businesses engaged in advertising activities.

National flag set to half-mast in front of Parliament

Government, November 4, 2016 12:50 PM

Hungary’s national flag was hoisted and then lowered to half-mast with military honours on Kossuth Square in front of the Parliament Building in Budapest on Friday to mark the 60th anniversary of the quashing of the 1956 Revolution and war of independence and the invasion by soviet troops.

The administration is compiling its previous proposals

Government spokesperson, November 4, 2016 9:52 AM

“The administration will be compiling its previous proposals in such a way that it assists the work of the current Presidency of the European Union”, Government Spokesperson Zoltán Kovács said on M1 Hungarian television’s Thursday evening current affairs programme in reply to a question concerning the plan that could serve as a possible alternative to the mandatory relocation quota.

Austrian military contingent leaves for Hungarian–Serbian border

Ministry of Defence, November 4, 2016 9:31 AM

In a speech delivered on Thursday, 3 November in Nickelsdorf, at the farewell ceremony of an Austrian military contingent deploying to the Hungarian–Serbian border, Minister of Defence István Simicskó stated that the mass illegal migration over the last one and a half year requires joint action, as mutual assistance is the only way to guarantee the security of our countries. The Austrian Defence Minister also attended the event to say farewell to the soldiers.

Pay rises and investments to be equally supported

Prime Minister’s Office, November 3, 2016 7:58 PM

Pay rises will be one of the most important issues of the next few years, János Lázár, the Minister heading the Prime Minister’s Office said at the press conference Governmentinfo 68 which he held jointly with Government Spokesperson Zoltán Kovács.

Deputy Prime Minister Zsolt Semjén received Tunisia’s Foreign Minister

Prime Minister’s Office, November 3, 2016 4:38 PM

Deputy Prime Minister Zsolt Semjén reassured Tunisia’s Foreign Minister of Hungary’s support in the North-African country’s commitment to democracy at their meeting held on Thursday, Bertalan Havasi, the head of the Press Office of the Prime Minister informed kormany.hu.

Certain Member States seem to interpret external border protection differently

Government, November 3, 2016 4:32 PM

György Bakondi, Chief Security Advisor to the Prime Minister, has told Hungarian public television channel M1 that certain member states seem to interpret external border protection differently.