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, 2:21 pmHungary’s ruling Fidesz party enjoys a 37% approval rating among voters with party preference, while 28% of them would vote for the opposition Socialist Party (MSZP), pollster Ipsos announced the...
May 17, 2012, 10:37 amHungary expects to start talks about a new financing deal with the European Union and the International Monetary Fund (IMF) in June, and a deal could be realistically reached in the autumn, Hungary’s...
May 16, 2012, 3:38 pmThe biggest problem of the International Monetary Fund (IMF) with regard to Hungary’s Central Bank Act is not among the well-known concerns, local business daily Napi Gazdaság reported on Wednesday....
May 16, 2012, 2:45 pmHungary's government has more than enough financing to cope should the situation in Greece deteriorate further, an official at the economy ministry said on Wednesday. "We have no direct linkages with...
May 16, 2012, 8:53 amHungary can realistically reach an agreement with the International Monetary Fund (IMF) on a EUR 15 billion financial assistance programme in the autumn, said Mihály Varga, the Prime Minister’s chief...
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 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...
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, 4:41 pmTamás Fellegi, Hungary’s chief negotiator in the aid talks with the IMF and the EU, has held a press conference today addressing the European Commission’s today decision to give the go-ahead...
April 25, 2012, 1:50 pmHungary's government can start talks on an international financing backstop once it implements legal changes agreed with the European Commission to its central bank law, a top Economy Ministry official...
April 24, 2012, 5:10 pmThe European Commission will not refer the dispute with the Hungarian government over the central bank law to the European Court of Justice, said EU Economic and Monetary Affairs Commissioner Olli Rehn...
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 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, 9:30 amHungary’s Economy Minister György Matolcsy has submitted the latest amendment proposals to the Central Bank Act and the first modification of the basic law to Parliament. The bill fails to take into...
April 17, 2012, 4:58 pmDue to the lack of confidence Hungary needs to sign an agreement with the IMF on a financial assistance programme, analysts at Raiffeisen Bank told a press conference on Tuesday. Zoltán Török, chief analyst...
April 17, 2012, 11:19 amThe Hungarian government is showing willingness to sort out the disputed issues over the central bank law, which increases chances of bringing closer the views of Budapest and international organisations...
April 16, 2012, 8:28 amFive-party talks will commence on Hungary’s Central Bank Act in Frankfurt on Monday between the European Central Bank (ECB), the Hungarian cabinet, the Hungarian central bank (NBH), the International...
April 13, 2012, 9:23 amHungary’s Prime Minister Viktor Orbán said on Friday Brussels is flirting with the idea of setting political conditions in exchange for a financial assistance for the country. But political conditions...