Budapest, (MTI) – The government has lowered its
projection for 2008′s public finance deficit, calculated with EU
methodology, from 4.3 percent to 4.0 percent in an update of its
convergence programme for 2007-2011, the finance ministry announced
online on Friday. Continue »

Budapest, December 1 (MTI) – The junior coalition SZDSZ’s
Liberal Economy Council has voiced support for incoming Economy
Minister Csaba Kakosy and his programme, SZDSZ Chairman Janos Koka,
the outgoing EconMin, said on Saturday, following a session of the
council. Continue »

Budapest, December 1 (MTI) – Sunday will be mostly cloudy, with
some rain in the morning. Southerly, south-westerly winds may gust
to high. Lowest night-time temperatures will be between -2 and +3 degrees
Celsius and day-time highs are expected to be between 4 and 9
degrees, staying around 0 degree in the north-east, the National
Weather Service forecast. Continue »

Budapest, November 30 (MTI) – This past year was the toughest
the country had to face, and next year the purchasing power of
incomes and pensions will grow again, the prime minister told a
gathering in Mosonmagyarovar, W Hungary, on Friday night as part of
a campaign to explain his policies. Continue »

Budapest, November 30 (MTI) – One game was played in Group B of
the women’s water polo Champion Teams’ European Cup qualifiers in
Dunaujvaros, S Hungary, on Friday evening.

Dunaujvaros College-ELCO – Vrutky (Slovakia) 21:5 (6:0, 6:1, 4:3, 5:1) Continue »

Budapest, (MTI) – Result of a men’s table tennis
match played in Round Five of Group B of the Champions League in
Papa (W Hungary) on Friday:

Lombard BVSC (Hungary) – AS Pontoise-Cergy (France) 3:1     Continue »

Budapest, (MTI) – Results of men’s volleyball matches played in an Olympic pre-qualification tournament in Szombathely, W Hungary, on Friday:

Group A:

Finland – Hungary 3:0 (22, 19, 16) Continue »

Budapest, (MTI) – Results of the government’s
austerity programme may enable the National Bank to cut its base
rate by one percentage point before the end of next year, Finance
Minister Janos Veres said on Friday. Talking on a business radio channel, Veres reiterated that the
base rate had been reduced to the current 7.5 percent as a result of
the austerity programme in two steps during the last nine months. Veres confirmed that the government was committed to going on
with its programme seeking to restore the balance of public finance,
and would reduce the general government deficit by a further two
percent of GDP in 2008. Continue »

Budapest, November 30 (MTI) – A Budapest court began hearings in
a lawsuit against Prime Minister Ferenc Gyurcsany and Finance
Minister Janos Veres on Friday, filed by private citizens who claim
they were denied freedom of choice in 2006 elections, because the
two officials withheld facts. Continue »

Budapest, (MTI) – Hungary is a reliable member of
the European Union and its activities contribute to the
implementation of the EU defence policy, the chairman of the EU
military committee said on Friday. General Henri Bentegeat said, after visiting a helicopter base
in Szolnok (C), that Hungary’s army meets all the expectations
associated with a modern military. Bentegeat in the past two days
overviewed Hungary’s role in European defence and discussed plans
related to the settlement of Kosovo. While in Szolnok, he watched a Gripen fighter and Mi-24
helicopters in flight and a demonstration by two special units for
ground operations. Continue »