Hungarian President János Áder spoke before the agenda this Monday at the plenary session of Hungarian Parliament. He gave account to the national assembly about his participation at the UN climate conference organized in New York City last month.
Hungarian President János Áder spoke before the agenda this Monday at the plenary session of Hungarian Parliament. He gave account to the national assembly about his participation at the UN climate conference organized in New York City last month.
The United States has banned several Hungarians suspected of corruption, including people connected to the government, from entering its territory. Analysts believe the U.S. is angered by Hungarians seeking financial gains at US companies through corruption.
In the third quarter of 2014, the total Budapest office stock (including owner-occupied and speculative buildings) reached 3,219,380 square meters. The vacancy rate came in at 16.9% in Q3, down 0.7% quarter on quarter and 1.7% year on year.
Decision-making mechanisms for the preparation of further contracts related to the enlargement of the Paks atomic power station must be shortened, therefore, the government ordered the dedvelopment company to come under direct state control.
Along with the publishing of its third-quarter earnings report this September, Citigroup also announced its intention to exit its consumer businesses in 11 markets, including Hungary. The sale the units is to be completed in 2015.
With only 43% of those eligible to vote, the governing party Fidesz won the most mayoral positions and local government seats at Sunday's municipal elections on Sunday. In Budapest, István Tarlós retained his mayoral position against a fragmented opposition.
8.170.413 people are eligible to vote in 3.177 settlements (including 169 towns with over 10.000 inhabitants) at this Sunday’s municipal elections in Hungary. In Budapest, mayor István Tarlós is challenged by four candidates.
On the occasion that Italy is at the helm of the European Union as the current holder of the rotating presidency, the Italian ambassador to Hungary, Maria Assunta Accili Sabbatini has given an interview published in a recent issue of Diplomacy & Trade.
Flame Spray Hungary, an Italian-owned company engaged primarily in applying special coating on gas turbine and aircraft engine parts, has inaugurated a new 3,000-sqm hall, built with an investment of HUF 500 million, at its base in Szada, east of Budapest.
Another edition of Csodalámpa Wish Granting Foundation’s cooking course took place recently with a special, pizza-making program, this time at Symbol House, to, as usual, grant a wish for a seriously ill child. This time a cooking project also took place.
European Parliament’s Culture Committee rejected the nomination of Hungarian candidate Tibor Navracsics as the new EU Commissioner for Education, Culture, Youth and Citizenship due to his record in a government accused of curbing civic rights.
Géza Jeszenszky has resigned as the Hungarian ambassador to Norway. The website hvg.hu suspects Jeszenszky quit as he had enough of explaining the Hungarian government’s hostile attitude towards NGOs distributing Norway Grant funds.
The Diplomacy & Trade Club held the presentation of Diplomacy & Trade’s recent country focus on The Netherlands. The speaker of the evening was the head of Transparency International Hungary, József Péter Martin talking about corruption in Hungary.
The number of new car registrations continued to rise in Hungary by 18% year on year in September. The favorable picture is slightly overshadowed by the fact that the market remains driven by company purchases and re-export, and not private buyers.
The Hungarian Ministry of Interior says it has banned a conference US-based extremist and nationalist international ‘white supremacy’ organization, the National Policy Institute (NPI), is to organize in the Hungarian capital together with Russian radical figures.

