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BYD to realise 20 million euro investment in Komárom

Ministry of Foreign Affairs and Trade, October 11, 2016 1:05 PM

“Chinese automobile manufacturer BYD is establishing Europe’s first electric bus factory in Komárom with an investment of 6.2 billion forints, towards which the Government is providing a grant of 925 million forints”, the Minster of Foreign Affairs and Trade announced at a press conference.

Non-Hungarians cannot be relocated to Hungary’s territory

Ministry of Justice, October 11, 2016 12:58 PM

“Non-Hungarians cannot be relocated to Hungary’s territory” Minister of State for Government Communications Bence Tuzson highlighted from among the contents of the constitutional amendment submitted to Parliament, at a press conference held jointly with Minister of Justice László Trócsányi.

Hungarian-Mongolian agricultural relations increasing in intensity

Ministry of Agriculture, October 11, 2016 12:46 PM

“Hungary views Mongolia as a land of opportunity”, Deputy Minister of Agriculture István Nagy stressed during a meeting with Mongolian Minister of Agriculture Purev Sergelen in Budapest.

The Prime Minister has submitted to Parliament a Bill for a constitutional amendment

The Prime Minister, October 10, 2016 5:47 PM

The Parliament website has stated that on Monday Prime Minister Viktor Orbán submitted to the National Assembly his proposal for a constitutional amendment which would ban the collective relocation of non-Hungarians to Hungary.

The constitutional amendment to be put before Parliament on Monday

The Prime Minister, October 10, 2016 4:29 PM

The Prime Minister has said that on Monday he would submit to Parliament a Bill for amendment of the Constitution in relation to the referendum on migrant quotas. Viktor Orbán spoke about this on Kossuth Radio’s “Sunday News” programme, stating that he was counting on the support of every Member of Parliament for the amendment, which will clearly state that non-Hungarians shall not be collectively settled in Hungary.

Europe’s internal security has deteriorated dramatically

Government, October 10, 2016 4:12 PM

György Bakondi, Chief Security Advisor to the Prime Minister, has told Hungarian television channel M1 that the events of the past couple of days have shown that Europe’s internal security has deteriorated dramatically, and that as a result nation states have gone on the defensive. Meanwhile, he added, at EU level decision-makers have “come to a standstill” with the approach which Hungary is seeking to change.

Our international partners are upbeat on Hungary’s economic outlook

Ministry of Finance, October 10, 2016 3:58 PM

On the sidelines of the annual IMF-World Bank meeting, Minister for National Economy Mihály Varga held talks with leaders of several international financial institutions, members of the USA-Hungary Business Council and representatives of investor groups.

Hungary is an equal partner of the IMF

Ministry of Finance, October 10, 2016 3:14 PM

Hungary has been a member and an equal partner of the International Monetary Fund, Minister for National Economy Mihály Varga said, following the annual joint session of the IMF and the World Bank in Washington.

Full-year fiscal deficit target revised lower to 1.7 percent of GDP

Ministry of Finance, October 10, 2016 11:33 AM

Thanks to the Government’s prudent fiscal policy, the accumulated deficit of the central sub sector of the state budget fell to a record low level of HUF 2.4bn. This figure has been unprecedented for some fifteen years. In light of favourable fiscal data compiled recently, the full-year ESA deficit is set to be better than formerly anticipated; therefore the Government has modified its fiscal target from 2 percent to 1.7 percent of GDP.

The Hungarian Government is protecting European interests instead of Jean-Claude Juncker

Ministry of Foreign Affairs and Trade, October 10, 2016 11:08 AM

“President of the European Commission Jean-Claude Juncker should be protecting Europe’s interests”, Minister of Foreign Affairs and Trade Péter Szijjártó said in a statement to Hungarian news agency MTI on Friday, pointing out that “he should at least not be offended when the Hungarian Government does so instead of him”.