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Hungary’s bank sector grew stronger once again

Ministry of Finance, August 12, 2016 1:26 PM

he transaction through which the State of Hungary and the European Bank for Reconstruction and Development (EBRD) obtained a stake of 15 percent each in Erste Bank Hungary was concluded on 11 August, as the purchasing price has been transferred.

People’s opinion cannot be ignored even in Brussels

Government spokesperson, August 12, 2016 12:12 PM

The Government Spokesperson described the summer information campaign related to the quota referendum as absolutely necessary. Zoltán Kovács also said that the Government will take action to extend the state of crisis caused by illegal migration which will expire on 9 September.

Church law could not be changed due to opposition parties

Government spokesperson, August 12, 2016 12:11 PM

The Hungarian Government made efforts to change the church law, but the opposition did not consent to the passage of the two-third legislation, Government Spokesperson Zoltán Kovács told the Hungarian news agency MTI in response to the religious freedom report of the US Department of State.

GDP growth in Q2 2016 beats prior expectations

Ministry of Finance, August 12, 2016 12:09 PM

According to preliminary data, in the second quarter of 2016 Hungary’s GDP grew by 2.6 percent, well above market expectations.

Police staff to be increased by three thousand

Cabinet Office of the Prime Minister, August 10, 2016 7:02 PM

The Government will increase the personnel of the police by three thousand in the interest of reinforcing the policing of the borders, Bence Tuzson, State Secretary for Government Communication announced at his press conference held during the break of the cabinet meeting.

Georgia’s Minister of Corrections on an official visit to Hungary

Ministry of Interior, August 10, 2016 2:12 PM

Kakha Kakhishvili, Georgia’s Minister of Corrections and Probation is on a three-day official visit to Hungary between 8 and 10 August.

Prime Minister Viktor Orbán holds talks with President of PiS Jarosław Kaczyński

The Prime Minister, August 10, 2016 9:05 AM

On Tuesday, responding to an invitation by Prime Minister Viktor Orbán, Jarosław Kaczyński, President of the Polish Law and Justice party (PiS) travelled to Hungary.

Prime Minister does not interfere in issues related to FTC’s management

The Prime Minister, August 9, 2016 7:16 PM

Prime Minister Viktor Orbán replied in a letter to the petition written by the supporters of the football club Ferencváros at the end of July. In this, he refers back to his speech delivered upon the inauguration of the team’s new stadium, and points out: he does not interfere in issues related to the management of FTC, Bertalan Havasi, the head of the Prime Minister’s Press Office informed kormany.hu.

Strategic Cabinet holds its first session

Prime Minister’s Office, August 9, 2016 12:46 PM

The recently established Strategic Cabinet of the Government has started its work by discussing thirty one agenda items.

Consumer prices slightly down in the month of July 2016

Ministry of Finance, August 9, 2016 10:19 AM

In July 2016, consumer prices edged down by 0.3 percent compared to the corresponding period of the previous year. Inflationary processes continued to be benign, as price dynamics remained subdued in most product categories. Slightly lower prices helped preserve the value of wages and pensions, which have underpinned consumption growth and economic expansion.