Quote of the week
| November 17, 2015
The Hungarian Constitutional Court on Tuesday annulled parts of a law that required commercial banks to pay billions of forints to bail out clients of failed brokerage Quaestor, the financial website portfolio.hu quotes the country's state news agency.
| November 16, 2015
Speaking before Hungarian Parliament on Monday, Prime Minister Viktor Orbán was of the view that the European Union had been attacked, and Hungary was also in danger and that terrorists are deliberately exploiting mass migration to blend in among migrants.
| November 14, 2015
Hungarian President János Áder has sent a letter of condolence to the President of France expressing his deepest sympathy on behalf of the Hungarian people to the families and relatives of the victims of the series of terrorist attacks in Paris.
| November 13, 2015
Hungary’s gross domestic product rose by 0.5% quarter on quarter in the July-September period of 2015, the Central Statistical Office (KSH) reported on Friday. According to figures adjusted for calendar effects, growth slowed to 2.3% year on year.
| November 12, 2015
The Hungarian government is of the view that EU’s enlargement policy is one of the most successful community instruments, with which a predictable development path can be determined, and stability, economic growth and competitiveness can be enhanced.
| November 11, 2015
The fifth Diplomatic Fair, to be organized by the Diplomatic Spouses of Budapest and the InterContinental Budapest promises to be a great extravaganza as previous years. The Fair offers a children’s corner, and a grand raffle with many prizes.
| November 10, 2015
Consumer prices in Hungary rose by 0.1% year on year in October, the Central Statistical Office (KSH) reported on Tuesday. The financial website portfolio.hu says the market expected CPI to tick up to-0.1% from -0.4% in September.
| November 6, 2015
The volume of industrial production grew by 2.9% month on month in Hungary in September, according to Central Statistics Office data quoted by portfolio.hu. This correction, which was already on the cards, comes after two months of decline.
Ambassadors in Budapest
| October 29, 2015
The US ambassador in Budapest, Colleen Bell, spoke of her country’s concerns – mainly corruption, energy security, decline in press freedom and xenophobic characterizations of refugees – in a speech at Corvinus University in the Hungarian capital.
| November 15, 2015
The Hungarian national football side has qualified for the 2016 European championship of 32 teams in France by defeating Norway 2-1 at the Hungarian leg of the playoff against Norway this Sunday. The first leg in Norway was also won by Hungary (1-0).
| November 11, 2015
Undersecretary of State in the Ministry of Human Resources Gergely Pröhle received the Officer's Cross of the Order of Merit of the Polish Republic, awarded by the Polish President in recognition of his merits in the development of Polish-Hungarian relations.
| November 9, 2015
Projects financed from European Union funds in Hungary are “routinely overpriced”, according to the report “Corruption risks of EU resources in Hungary” by Transparency International Hungary, that monitors and publishes corporate and political corruption.
| November 3, 2015
Sándor Csányi, the head of Central Europe’s largest financial institution OTP Bank, is listed by Forbes magazine among the world’s 1,700 wealthiest people, the USD billionaires. Csányi's wealth is worth of HUF 287.9 billion (just over USD 1 bn).
| October 27, 2015
Although, the war is Syria seems to wage more than ever, a group at the Center for Conflict, Negotiation and Recovery (CCNR) at the Central European University (CEU) in Budapest deals with the possibilities of people returning to post-conflict Syria.