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In focus: corporate responsibility

Ministry of Finance, October 8, 2015 1:55 PM

Corporate responsibility has been a key factor of sustainable social and economic growth, and it has also had a positive impact on the long-term prosperity of enterprises, participants of the conference organized by the Ministry for National Economy and the Organization for Economic Cooperation and Development (OECD) stressed.

Minister of Foreign Affairs and Trade Péter Szijjártó proposes USD 300 million aid for Iraqi Kurdistan

Ministry of Foreign Affairs and Trade, October 7, 2015 5:10 PM

Hungary will initiate that the European Union (EU) provide immediate USD 300 million (HUF 83 billion) aid for Iraqi Kurdistan for the care of refugees as in the absence of prompt relief, those seeking shelter there will soon set out for Europe, Minister of Foreign Affairs and Trade Péter Szijjártó told the Hungarian News Agency MTI in his statement made on Wednesday by telephone from Erbil.

Participants at the Budapest Energy Charter Forum discuss challenges in the energy sector

Ministry of National Development, October 7, 2015 5:06 PM

State Secretary for Energy András Aradszki has said that international cooperation is essential for energy security and sustainable energy management, its primary aims being to eliminate the risk factors related to supply routes and to support energy trading. Mr. Aradszki was speaking at the Budapest Energy Charter Forum, which was jointly organised on 07 October 2015 by the Ministry of National Development and the Energy Charter Secretariat.

Economy has reached pre-crisis level

Ministry of Finance, October 7, 2015 1:16 PM

According to the Minister of State of the Ministry of National Economy, Hungary demonstrated an outstanding economic performance in 2014: the growth rate of the gross domestic product accelerated by 3.7 per cent, and as a result, the performance of the economy reached the pre-crisis level.

1848–49 represented the awakening of Hungarian national consciousness

Ministry of Defence, October 6, 2015 5:12 PM

“1848–49 was an unforgettable period of the awakening of Hungarian national consciousness”, the Minister of Defence said in Budapest on Tuesday 6 October, the Memorial Day of the Martyrs of Arad.

IMF revised upward Hungary’s economic growth estimate

Ministry of Finance, October 6, 2015 5:06 PM

Scheduled to coincide with its regular annual meeting organized this year in Lima, Peru, the International Monetary Fund published the latest World Economic Outlook, a study on global growth prospects.

Hungarian-Serbian cooperation is exemplary

Ministry of Justice, October 6, 2015 4:41 PM

"The Hungarian-Serbian cooperation shown with regard to handling the migrant crisis serve as an outstanding example to others, while Croatia seems to be unable to deal with the situation” Minister of Justice László Trócsányi said in an interview published in a Serbian daily newspaper Večernje Novosti on 6 October 2015.

Statement related to recent violent attacks in East Jerusalem and the West Bank

Ministry of Foreign Affairs and Trade, October 6, 2015 4:39 PM

The Government of Hungary condemns all forms of terrorism and is concerned about the latest events in East Jerusalem and the West Bank.

New legislation ensures increased support for victims of crime

Ministry of Justice, October 6, 2015 4:35 PM

On 6 October 2015, Parliament passed an amendment to the Act on Criminal Procedure aimed at giving the victims of crime expanded rights and ensuring increased support during criminal proceedings.

General government fiscal deficit reflects delay of EU transfers

Ministry of Finance, October 6, 2015 4:30 PM

The central sub sector of the state budget accumulated a deficit of HUF 954.6bn at the end of September 2015. Within that, the shortfall of the central state budget totalled HUF 1006.6bn, while the Social Security Funds and Extrabudgetary State Funds posted surpluses of HUF 29.9bn and HUF 22.1bn, respectively. Recently, the European Commission has lifted the earlier suspension of the EU fund transfers, but it expected to show only later in state budget revenues.