May 18, 2012, 9:27 amHungary’s Prime Minister, Viktor Orbán, has proposed the national eleced board of his ruling Fidesz party the suspension of state budget subsidies for political parties in 2013 and 2014, local news...
May 17, 2012, 2:08 pmHungary’s Economy Ministry has on Thursday published the macroeconomic conditions necessary to conceive the 2013 budget bill. The ministry projects 0.1% GDP growth for this year and 1.6% for 2013...
May 17, 2012, 9:12 amMihály Varga, Hungary’s incoming aid negotiator, expects formal negotiations with the International Monetary Fund (IMF) and the European Union on a financial assistance programme to start as soon...
May 11, 2012, 11:08 amThe replacement of Hungary’s chief aid negotiator announced by Prime Minister Viktor Orbán on Friday will be seen as a positive, commented Timothy Ash, economist at the Royal Bank of Scotland in...
May 11, 2012, 8:18 am(Adds details) Hungary’s Prime Minister Viktor Orbán has announced on Friday that he will reshuffle his cabinet. Tamás Fellegi, who has been in charge of talks with the International Monetary Fund...
May 7, 2012, 4:45 pmBeing member of the European Union brings Hungary more than a trillion forints, Prime Minister Viktor Orbán responded to a question by the far-right Jobbik party in Parliament on Monday whether there is...
May 3, 2012, 2:18 pmHungary’s Minister for National Resources, Miklós Réthelyi, has resigned. Prime Minister Viktor Orbán nominated Zoltán Balog, state secretary responsible for social inclusion as Réthelyi’s...
May 2, 2012, 9:29 amHungary and China mutually regard each other as strategic ally, said Hungarian Prime Minister Viktor Orbán. While remaining part of the western European federal system Hungary will need to consistently...
April 27, 2012, 9:31 amWe are members of the European Union, Mr. Barroso is the President of the European Commission and not our boss, said Hungarian Prime Minister Viktor Orbán on Friday. In his usual weekly interview with...
April 25, 2012, 11:53 amIf everything goes well the European Commission can bring a decision already today to give the go-ahead to Hungary to start formal negotiations with the International Monetary Fund (IMF) on a financial...
April 25, 2012, 9:30 amThe European Commission should decide on the next steps on Hungary’s infringement issues on Wednesday and may signal progress towards the start of official loan negotiations. In fact, Citi analyst...
April 24, 2012, 2:11 pmThe obstacles that have prevented Hungary from starting talks with the IMF on a financial assistance programme have been brought down; we are close to a breakthrough, said Prime Minister Viktor Orbán in...
April 24, 2012, 10:41 amHungary’s Prime Minister Viktor Orbán said MOL, the country’s largest company by market capitalisation, is leaving the EUR 7.9 billion Nabucco natural gas pipeline project. He added, though...
April 23, 2012, 12:01 pmReports in the summer of 2011 that Hungary’s national airline Malév could be taken over by a Chinese company, that China is to build a direct railway line from the capital city to the Ferihegy International...
April 20, 2012, 2:12 pmHungary’s Prime Minister Viktor Orbán is scheduled to meet European Commission President José Manuel Barroso next Tuesday, a Commission spokesman said on Friday. “Arrangements have been...
April 20, 2012, 9:30 amThe European Commission will address the infringement proceedings it launched against Hungary next week and is expected to bring an important decision in this matter, Hungarian business daily Világgazdaság...
April 20, 2012, 8:43 amHungary needs not credit and money, but a safety net, said Prime Minister Viktor Orbán. He added that he would not accept any scenario in which Hungary loses European Union funds. “Our interest...
April 18, 2012, 3:00 pmHungary’s Prime Minister Viktor Orbán wants to seek the European Union’s opinion about the planned austerity measures before they are put up for vote in Parliament, local news portal origo.hu...
April 17, 2012, 9:00 amHungary’s government may be reshuffled within two weeks, local news portal origo.hu reported on Tuesday. This would bring about the departure of two ministers and the appointment of two state secretaries...
April 16, 2012, 12:38 pmThere are some players who are interested in the weakening of Hungary’s forint, said Mihály Varga, the Prime Minister’s chief of staff. He admitted that the talks on an IMF/EU credit facility...