PM approves opening of emergency reservoir along Leitha

Prime Minister Viktor Orbán on Tuesday inspected the flood defence work along the Leitha river where he and MP Istvan Nagy were briefed on the protection efforts in the region by water and disaster management experts, his press chief said.

Hanko: Europe needs competitiveness ‘turnaround’

Culture and Innovation Minister Balazs Hanko said Europe needed a "competitiveness turnaround" in remarks ahead of an informal meeting of European Union higher education and research ministers in Budapest on Tuesday.

MVM revenue falls, profits climb in H1

First-half sales revenue of state-owned energy group MVM fell 22pc year-on-year to HUF 2,156bn, an earnings report posted on the website of the Budapest Stock Exchange on Tuesday shows.

Hungary tourism sector on the upturn, minister says

Hungary's tourism sector is on the upturn, boasting a record number of domestic travellers and foreign visitors this year, National Economy Minister Marton Nagy said at a press conference on Tuesday.