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Hungarian governmentPolitics of Hungary take place in a framework of a parliamentary representative democratic republic, whereby the Prime Minister of Hungary is the head of government, and of a pluriform multi-party system.February 08, 2010
News Quote: ""When it comes to Hungarys economic policy, foreign punters investing in Hungarian government securities are less interested in what the parties have to say in the election campaign and are more keen to hear about concrete plans once the new government is set up, László András Borbély, Deputy-CEO of the Government Debt Management Agency (ÁKK), told Portfoliohu in an interview." - Hungary4:00 AM
January 15, 2010
News Quote: "Hungary's government has recently approved a further HUF 2 billion (75 million) in partially EU-funded support for the renovation of the Esterházy Palace in Fertod (NW Hungary), the business daily Napi Gazdaság reported on Friday." - Hungary2:32 AM
News Quote: ""The European Commission has on Thursday approved a plan by the Hungarian government to provide liquidity support to the country's financial institutions to help them support lending to the economy." - Hungary4:00 AM
January 04, 2010
News Quote: "Global leader in producing car sound-systems, Harman International of Stamford, Connecticut, has received a HUF 368 million (137 million) grant from the Hungarian government to develop its electronics plant in Székesfehérvár with a planned investment of HUF 37 billion, the economic ministry announced on Monday in its official gazette." - Hungary9:03 AM
December 18, 2009
News Quote: "Budapest, December 18 (MTI) - The Hungarian government has already made commitments to spend some of next year's budget reserves, business daily Napi Gazdasag reported in its Friday issue." - Hungary9:01 AM
November 26, 2009
News Quote: "Budapest, November 26 (MTI) - The Hungarian government has given its official consent to the Hungary-US agreement on accepting a detainee from Guantanamo, Gabor Juhasz, minister in charge of the civilian secret services, told MTI on Thursday." - Hungary7:24 AM
November 25, 2009
News Quote: "The Hungarian government welcomes the State Audit Office's launching of a program to survey corruption risks, government spokesman Domokos Szollár told MTI." - Hungary1:56 AM
News Quote: "The National Bank of Hungary (MNB) expects Hungary's government deficit according to ESA to be 40% of GDP in 2009 after 38% last year, and 38% to 43% of GDP in 2010, the bank reported in its new inflation report on Wednesday." - Hungary1:51 AM
News Quote: ""Although the Hungarian government is fiscally prudent, it has a small maneuvering room for economic stimulus and the countrys bulging debt makes it very difficult to join the euro zone any time soon, said Jeromin Zettelmeyer, Director for Policy Studies at the European Bank for Reconstruction and Development (EBRD)." - Hungary3:00 AM
November 19, 2009
News Quote: "US ambassador candidate plans to cooperate with Hungarian government on minority issues." - Hungary8:29 AM
November 11, 2009
News Quote: "The 38% of GDP deficit target laid out by the Hungarian government for next year is only a mathematical possibility that can be realized if deficit figures that emerge later at the central bank MNB and several other segment of the public sector are taken out of the equation, said Viktor Orbán, head of the top opposition Fidesz party." - Hungary8:05 AM
October 28, 2009
News Quote: "The Hungarian government on Monday decided on 747 million in central budget support for the MotoGP motorcycle racing championship in Hungary between 2010 and 2019, the latest issue of official gazette Magyar Közlöny reveals." - Hungary9:29 AM
October 22, 2009
News Quote: "Budapest, October 21 (MTI) - Hungary's government endorsed a bill on Wednesday which aims to make financial regulator PSZAF stronger and more independent, government spokesman Domokos Szollar told MTI." - Hungary6:51 AM
October 15, 2009
News Quote: "The management of Hungarian chemicals company BorsodChem and its majority owner Permira have reached an agreement, in principle, with China's Wanhua Industrial on Wanhua's mid-term role as a minority owner and on the approval of a restructuring of BorsodChem's loans supported by its lenders and the Hungarian government, BorsodChem told MTI on Thursday." - Hungary4:50 AM
September 30, 2009
News Quote: "Budapest, September 29 (MTI) - Hungary's government will suspend fully matching the sum taxpayers pay to churches from their personal income taxes, government spokesman Domokos Szollar told reporters on Tuesday." - Hungary12:02 AM
September 25, 2009
News Quote: "The Hungarian government expects the country to meet this year's 39%-of-GDP ESA95 deficit target, and projects the country's debt ratio will rise somewhat less than earlier expected, the latest excessive deficit procedure (EDP) report to be sent to Brussels shows." - Hungary10:30 AM
September 21, 2009
News Quote: "Budapest, September 21 (MTI) - It unlikely that Hungary's government will have to increase pension payments in November thanks to benign inflation-wage trends, Nepszabadsag daily said on Monday." - Hungary12:38 AM
September 08, 2009
News Quote: "Budapest, September 8 (MTI) - Hungary's government will maintain free travel for over-65 people, national daily Nepszava said on Tuesday, quoting governing Socialist party head Ildiko Lendvai and the government spokesman's office." - Hungary4:01 AM
September 06, 2009
September 07, 2009
News Quote: "Budapest, September 7 (MTI) - Slovakia has indicated its readiness to participate in talks on the enforcement country's language law at expert level with the participation of a representative from the United Nations, a Hungarian government official told Monday's Nepszabadsag daily." - Hungary2:26 AM
August 27, 2009
News Quote: "Budapest, August 27 (MTI) - Hungary's government will not agree to bailing out either Budapest's transport company BKV or any overspending companies under local-government control, Prime Minister Gordon Bajnai said in an interview carried in Thursday's Blikk tabloid." - Hungary2:58 AM
August 08, 2009
News Quote: "Budapest, August 7 (MTI) - Hungary's government is preparing a frugal budget with the aim of creating stability, security and the conditions for growth, Prime Minister Gordon Bajnai said on Friday after negotiating on the 2010 budget with the heads of the ruling Socialist Party (MSZP)." - Hungary5:38 AM
July 27, 2009
News Quote: "Budapest, July 27 (MTI) - Hungary's government will discuss the National Pandemic plan on Wednesday and if approved, people can get vaccinated against new flu from early October, the government spokesman said on Monday." - Hungary1:00 AM
July 08, 2009
News Quote: "Hungary's government plans to speed up preparations of the 2010 budget and submit a draft to parliament on September 8, Finance Ministry spokesman Ferenc Pichler told MTI on Wednesday." - Hungary10:42 AM
July 06, 2009
News Quote: ""The Hungarian government is planning to prepare a 2010 budget proposal and submit the bill to Parliament in early September, allowing the latter to finalize the budget in November rather than in late December as usual, Prime Minster Gordon Bajnai said at a business conference of the Americal Chamber of Commerce on Friday according to Reuters and MTI." - Hungary3:00 AM
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