"Hungary has a vested interest in seeing the success of the Eurozone, as we are linked to the bloc in many ways," Prime Minister Viktor Orbán pointed out, addressing the annual meeting of ambassadors in Budapest this week.
"Hungary has a vested interest in seeing the success of the Eurozone, as we are linked to the bloc in many ways," Prime Minister Viktor Orbán pointed out, addressing the annual meeting of ambassadors in Budapest this week.
Germany's Knorr-Bremse Group, the world’s leading manufacturer for braking systems for rail and commercial vehicles, has laid the foundation stone of a new manufacturing and development base in Kecskemét, east-central Hungary.
Deputies of Hungary’s ruling Fidesz party approved a set of changes to the country's constitution which critics, including the European Union's executive and several member-state foreign ministers, say pose a danger to democracy and the rule of law.
Hungary’s Economics minister György Matolcsy has been nominated by Prime Minister Viktor Orbán as the next Governor of the National Bank of Hungary (NBH). Matolcsy follows András Simor whose six-year mandate expires on March 3.
German car manufacturer Opel is expanding its engine factory in Szentgotthárd, southwestern Hungary. The project is worth EUR 130 million, which will create 160 new jobs and increase production space by 1600 square meters.
Hungarian Prime Minister Viktor Orbán met with Turkish Premier Recep Tayyip Erdoğan in Budapest this Tuesday. Topics of discussion included strengthening economic cooperation, particularly in the fields of industry, agriculture and transport.
Over a thousand Hungarian students took to the streets on Monday evening in Budapest in protest of the government's plan to cut subsidies to finance college tuition briefly blocking a bridge over the Danube in freezing weather.
Hungarian Prime Minister Viktor Orbán and E.ON Chairman-CEO Johannes Teyssen have signed a letter of intent, which states that state-owned energy firm MVM will buy the German utility company's gas trading and storage units located in Hungary.
Hungary offers a total of 87 investment opportunities in various sectors including 35 in tourism, 17 in renewable energy, 15 in IT and telecommunications to Arab investors at the 1st Arab Hungarian Economic Forum held in Budapest November 12-13.
Prime Minister Viktor Orbán was the main speaker of the rally organized on the national holida yof October 23 to show support for his government. At the same time, his predecessor, Gordon Bajnai spoke to a crowd that would like to see Orbán ousted.
German Chancellor Angela Merkel received Hungarian Prime Minister Viktor Orbán in Berlin. At a press conference afterwards, the Chancellor said it was understandable why Hungary is not concerned with the issue of euro adoption at the moment.
The Hungarian government is fighting to reduce public debt to below 50 percent of gross domestic product (GDP) and looks to Lithuania's economic growth as a model, Prime Minister Viktor Orbán said during his visit to Vilnius.
Hungarian Prime Minister Viktor Orbán and Deputy Chairman of Opel’s Management Board Thomas Sedran, inaugurated a new EUR 500 million flexible engine factory at the Opel plant in Szentgotthárd, W Hungary, creating 800 new jobs.
Armenia severed all diplomatic ties with Hungary after Azeri soldier Ramil Sahib Safarov, who was serving a life sentence in Hungary for killing an Armenian soldier in Budapest in 2004, was extradited to his home country where he was pardoned by the President.
At the annual meeting of Hungarian ambassadors in Budapest, Prime Minister Viktor Orbán told the 104 heads of mission present that Hungary is managing the current economic crisis successfully – as is Central Europe in general.
