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.

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.

Undersecretary of State in the Ministry of Human Resources Gergely Prõhle received the Officer's Cross of the Order of Merit of the Republic of Poland, awarded by the Polish President in recognition of his merits in the development of Polish-Hungarian relations.

Interested in MICE business? Looking for new event venues or training ideas? Or you want to hear the latest business travel trends and meet professionals? Join us for MICE Business Day Budapest on December 1 at Groupama Aréna!

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.

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.

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 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.