Hungary’s Prime Minister Ferenc
Gyurcsany rejected a call for a vote of confidence in him raised by
opposition party group leaders on Monday, after announcing a
government re-shuffle. Continue »

Budapest, April 28 (MTI) – A cloud cover will be building up in
the west triggering scattered showers, while longer sunny periods
can still be expected in the central and eastern regions. Winds will
be from the south-west and may pick up to high at places in the
afternoon. Nighttime lows should range from 4 to 9 degrees Celsius and
daytime highs will be between 17 and 22 degrees Celsius, the
National Weather Service reports. Continue »

Budapest, April 28 (MTI) – Speaker of the New Zealand House of
Representatives Margaret Wilson met her Hungarian counterpart
Katalin Szili in Budapest on Monday and discussed matters concerning
minority government, challenges of climate change and environmental
protection.  Continue »

Budapest, April 28 (MTI) – The liberal Free Democrats – SZDSZ –
will not raise any obstacle to the government reshuffle if Prime
Minister Ferenc Gyurcsany comes forward with a reasonable proposal
for upgrading the standards of government without any rise in red
tape and administration costs, Chairman Janos Koka told MTI on
Monday. Continue »

Budapest, April 28 (MTI) – Hungary’s central bank rate setters,
the Monetary Council, raised the base rate by 25 basis points to
8.25 percent on Monday. The Monetary Council last raised the base rate by 50 basis
points on March 31. Continue »

Budapest Transport
Company (BKV) and AAM Management Information Consulting Kft announced last week
the cancellation of two five-year contracts worth HUF 2.5 billion (EUR 9.91
million). The move came after suggestions in the press of questionable
financial practices at the capital’s cash-strapped public transport company. Continue »

Budapest, April 28 (MTI) – Hungary was ranked twelfth among 24
countries in the region with the lowest political risks, according
to a political risk analysis released by the Vision Consulting think
tank on Monday.  Continue »

The prime minister announced a major
government reshuffle on Monday. Bios of all seven newly appointed ministers. Continue »

Budapest, April 28 (MTI) – Hungary will have access to thousands
of billions of forints in European Union funding between 2007 and
2013, but some analysts suggest that expecting this money to trigger
a significant economic growth may not be a good idea, wrote Monday’s
national daily Magyar Hirlap. Continue »

Budapest, April 28 (MTI) – Neither the socialist MSZP nor the
liberal SZDSZ came out of a split in the government coalition
looking good to the public, reported Monday’s national daily
Nepszabadsag citing pollster Szonda Ipsos.  Continue »