The
jockeying for position among Serbia’s political parties began last week after
elections on 11 May produced a parliament delicately balanced between pro-EU
and pro-Russia parties. Many saw
the election as little more than a referendum on the future international
orientation of a nation torn between the promise of future prosperity in the EU
and the alternative of closer relations with old ally Russia. Continue »

Budapest, May 20 (MTI) – PADOSZ, a union representing about half
of the 200 people working for Dekoten, a company responsible for
cleaning works at Hungary’s sole nuclear power plant at Paks (C
Hungary), staged a two-hour warning strike on Tuesday after failing
to reach an agreement with the management on a new collective
bargaining agreement.  Continue »

The involvement of radicals and
nationalists in the Serbian government is against the interests of
the region and those of Europe, Prime Minister Ferenc Gyurcsany said
on Tuesday after a meeting with his Montenegrin counterpart Milo
Djukanovic.  Continue »

Budapest, May 20 (MTI) – Representatives of Hungary and the
United States signed an agreement on Tuesday on bilateral data
exchange seeking to help identify terrorists.  Continue »

Budapest, May 20 (MTI) – The Ministry of Finance forecasts a
cash-flow public finance surplus of 88.6 billion forints for May
and cuts the H1 fiscal deficit by 71 billion to HUF 732.2 billion
forints from HUF 803.2 billion forints expected last month. Four-month public finance deficit was 522.4 billion forints. Continue »

The
Ukrainian-owned energy company Emfesz announced last week that it intends to
build one of Hungary’s
largest gas-fired power stations in Nyirtass, Szabolcs-Szatmár-Bereg County
on the Ukrainian border. The project represents an investment of some EUR 1.5
billion and completion is scheduled for 2015. The first block, with a
generation capacity of 800MW should be ready by 2011. Continue »

Budapest, May 20 (MTI) – Conditions for doing business in the
Czech Republic are better than in Hungary but worse than in
Slovakia, according to a survey by Ernst & Young company carried by
business daily Napi Gazdasag on Tuesday.  Continue »

Budapest, May 20 (MTI) – Hungarian hospitals will have hardly
any doctors left in five years, business daily Vilaggazdasag said on
Tuesday.  Continue »

Microsoft chief executive Steve Ballmer
was interrupted during his lecture at Budapest’s Corvinus University
on Monday after a member of the audience started throwing eggs at
him.  Continue »

The Budapest Times is devoting an entire school-week to international education institutions located in or near Budapest. From Tuesday to Friday we introduce two of these schools so you can make a more informed decision on where to send you child to study. Today: Happy Kids International Kindergarten and The English Garden Pre-School Continue »