Magyar English News (RSS 2.0)

Hungary Set To Bypass EU Over South Stream With Law Amendment

October 22. 2014.

portfolio.hu

Ever since Hungary’s Prime Minister Viktor Orbán sat to the negotiating table with Gazprom’s CEO Alexei Miller, the number of Hungarian steps putting the Russian gas giant in an advantageous position and supporting Russian interests have oddly increased. First Hungary shut down reverse gas flow to Ukraine, then allowed Gazprom to stash its gas in local gas storage units. The latest measure is a law amendment proposal submitted by parliament’s economic committee chaired by Fidesz caucus chief Antal Rogán that would give Hungary the green-light to start building the South Stream pipeline. More...

Hungary To Impose Internet Levy In 2015, Tax Plans Show

October 21. 2014.

portfolio.hu

Hungary’s Economy Minister Mihály Varga has on Tuesday submitted to Parliament a draft on changes to the tax regime to be implemented in 2015. An amendment of the telecom law is also included, according to which the telecom tax would be extended to Internet services. The tax will be proportionate to data traffic and every gigabyte started will cost 150 forints. More...

The Hungarian Government Seeks Amicable Assistance From The United States

October 20. 2014.

Prime Minister's Press Office

As a strategic partner and friend of the United States, the Hungarian Government is expecting to engage in a constructive dialogue with the United States, with a view to any critical comments that may emerge, in order to discuss the ban that has been implemented to deny Hungarian nationals entry into the US, the Minister heading the Prime Minister’s Office said on Monday at the meeting of Parliament’s National Security Committee. More...

Hungary’s Rivers In Recovery After Red Mud Disaster

October 17. 2014.

Chemistry World

Four years after Hungary’s disastrous red mud spill, the geochemical signature of sediments from the affected Torna–Marcal river system suggest that remediation measures have successfully limited long term environmental impacts. More...

EU Pursues Hungary Over Foreign Ownership Land Law

October 16. 2014.

EUbusiness
The EU launched legal action against Hungary on Thursday arguing that a ban on foreign ownership of land pushed through by the right-wing government of Viktor Orban was illegal. More...

Hungary Angles To Move Past Friction With U.S.

October 22. 2014.

USA Today

Hungary's Foreign Minister said Wednesday his government is open to investigating corruption allegations raised by the United States, which issued travel bans for several Hungarian officials, but complained that U.S. diplomats have not been forthcoming about the details behind those charges. Watch the interview.

U.S. Ban of Hungarians Seen Related To Previously Uncovered Corruption Case, Says Former NAV Inspector

October 20. 2014.

portfolio.hu

There may be a connection between Washington banning Hungarian persons, including state officials, from entering the United States and VAT frauds to the tune of billions of forints uncovered by a former inspector of Hungarian tax authority NAV, said András Horváth, the former NAV inspector, in an interview with local daily newspaper Népszava. More...

Hungary's Gov't Adamant On Advertising Tax Despite EU Probe

October 17. 2014.

portfolio.hu

The Hungarian government, if necessary, will stand up for the advertising tax in front of Brussels-based institutions because this issue is related to "public burden sharing", a government spokesperson responded to a report in local daily Népszabadság that commercial television channel RTL Klub filed an official complaint to the European Commission over the new levy. More...

Hungary And Austria Work Together To Find Solutions To Challenges

October 16. 2014.

Prime Minister's Press Office

High-level visits to Budapest, such as that of President of Austria Heinz Fischer, have strengthened the conviction of the Hungarian Government that Austria and Hungary are seeking joint solutions to the challenges faced by Europe, Minister of Foreign Affairs and Trade Péter Szijjártó announced on Wednesday at a business forum organised in Budapest by the Hungarian Chamber of Commerce and Industry. More...

Budapest-Tehran Train Trip Is Newest Luxury Pursuit

October 16. 2014.

Reuters - By Marton Dunai

A luxury train connecting the capitals of Hungary and Iran left Budapest for the first time on Wednesday, with 70 passengers set to cross the Balkans, the Bosphorus and Kurdistan on the way to Persia aboard a set of deluxe railcars. More...