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Hungary issues government bonds denominated in China’s national currency

Ministry of Finance, April 15, 2016 10:07 AM

Hungary issued Yuan-denominated government securities of CNY 1bn, or EUR 136.8 million, on the Chinese market and they were oversubscribed by more than two times, Minister for National Economy Mihály Varga said.

2017 budget to be budget of tax reductions and housing benefits

Prime Minister’s Office, April 15, 2016 9:01 AM

The 2017 draft budget offers the chance to everyone to take a step forward, and there will be some who will have the opportunity to take a big leap forward, János Lázár, the Minister heading the Prime Minister’s Office said at the 46th Governmentinfo press conference which he held jointly with Government Spokesperson Zoltán Kovács.

V4 Jewish community leaders’ conference in Budapest

Ministry of Foreign Affairs and Trade, April 14, 2016 5:00 PM

The leaders of the Jewish communities of the Visegrád Group (V4) countries are taking part in a two-day conference in Budapest, organised by the Federation of Hungarian Jewish Communities (MAZSIHISZ). At the reception and guided tour that closed the first day of the meeting on 13 April, Minister of State for Cultural and Science Diplomacy István Íjgyártó gave a speech at the Hungarian Jewish Museum and Archives.

Irinyi Plan to safeguard the balanced development of economic sectors

Ministry of Finance, April 14, 2016 4:17 PM

The main objective of the Irinyi Plan is to assist the balanced, evenly strong and dynamic development of economic sectors, Minister of State for Economic Regulation and Development István Lepsényi told public news channel M1 earlier today.

Singapore is Hungary’s most important ASEAN economic partner

Ministry of Foreign Affairs and Trade, April 14, 2016 3:55 PM

On Wednesday Gyula Budai, Ministerial Commissioner at the Ministry of Foreign Affairs and Trade overseeing issues related to the Russian trade embargo, told Hungarian news agency MTI that Singapore is Hungary’s most important economic partner among the ASEAN countries (the Association of Southeast Asian Nations): trade volumes amounted to some USD 528 million in 2015.

Péter Szijjártó: Freedom House report is nonsense

Ministry of Foreign Affairs and Trade, April 14, 2016 3:16 PM

Minister of Foreign Affairs and Trade Péter Szijjártó called the latest report on democratic rights by Freedom House nonsense in a statement to the press in Budapest on Thursday.

Prime Minister Viktor Orbán travels to Lisbon

The Prime Minister, April 14, 2016 1:53 PM

On Thursday Prime Minister Viktor Orbán travelled to the Portuguese capital of Lisbon, to attend a meeting of the Centrist Democrat International (CDI).

Next year’s budget focuses on tax cuts and housing schemes

Ministry of Finance, April 14, 2016 1:47 PM

Minister for National Economy Mihály Varga called next year’s budget the budget of tax cuts and housing programmes. He revealed that after the reduction of VAT on pork, VAT on milk, eggs and poultry is also set to be cut next year to 5 percent, but the VAT of Internet and restaurant services is also planned to be reduced. The budget is drafted with zero operational deficit for the central sub sector of the state budget.

Hungary supports Serbia’s EU membership

The Prime Minister, April 14, 2016 11:45 AM

In Novi Sad on Wednesday, Hungarian prime minister Viktor Orbán and Serbian prime minister Aleksandar Vučić visited the Europe Dormitory for students. At a press conference after this event, when asked about Croatia’s attempts to hinder the opening of one of Serbia’s chapters of acquis, Mr. Orbán said that Hungary supports Serbia’s EU membership.

The EU should not intervene in the internal affairs of Member States

Ministry of Justice, April 14, 2016 8:17 AM

In an interview with the Polish daily Rzeczpospolita, Hungary’s Minister of Justice László Trócsányi has said that the European Union should not intervene in the internal affairs of Member States, but should exercise the powers which are within its competence.