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.
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.
Hungary posted HUF 138.4 billion budget surplus in October, the financial website portfolio.hu quotes a preliminary data report published by the National Economy Ministry. It is attributable to previously suspended EU funding that has now been disbursed.
People from over a hundred countries attend the four-day 7th World Science Forum (WSF) in Budapest that opened this Wednesday. Topics include combatting climate change and natural disasters, recent epidemics and global health hazards they pose.
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).
Hungarian Chief of Defence general Dr. Tibor Benkõ presented the “For the Alliance” medal to outgoing Chairman of the EU Military Committee Gen. Patrick de Rousiers, in recognition of his work done in the interest of the Hungarian Defence Forces.
According to the forecast of GKI Economic Research Co., the slowdown of the Hungarian economy that started in the second quarter of 2015 will continue. The 3.6% growth rate in first-quarter was followed by only 2.7% in the second quarter.
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.
The B2B MICE Workshop will be organized for the first time in Budapest in an exclusive venue, the brand new Groupama Arena, on the 1st of December.
The world of science focuses on the Hungarian capital in the early days of next month during the 7th World Science Forum. Throughout November, there is also a series of events celebrating Hungarian science as it has been a tradition since 1997.
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.
New road links are to open in the coming years between Hungary and Austria and railway developments are underway.
Spectacle sports in Hungary have been given HUF 200 billion state tax support with a lack of transparency. That has been revealed by Transparency International in its latest report "Corruption risks in the Hungarian sports financing," presented in Budapest.
Restaurants, bars and cafes in shopping centers have become the new magnets for other businesses as shopping centers across Europe are the preferred destination for eating and drinking.
The Welcome Dayton program promotes immigrant integration into the greater Dayton region by encouraging business and economic development; providing access to education, government, health and social services; ensuring equity in the justice system; and promoting an appreciation of the arts and culture.
