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June 15, 2017 2:38 PM

Hungarian Parliament Passes New Law Ensuring Transparency of Foreign-Funded NGOs

On Wednesday, June 14, Hungary’s Parliament passed a new law regulating the transparency of Non-Governmental Organizations (NGOs) that receive funding from abroad. Under the new law, organizations are required to state that they qualify as organizations funded from abroad on their official website and publications.

June 14, 2017 4:00 PM

PM Orbán, Hungary Hold Talks With Indiana Governor Eric Holcomb

Indiana Governor Eric Holcomb traveled to Hungary earlier this week as part of an international trade mission, meeting with Hungarian Prime Minister Viktor Orbán and Foreign Minister Péter Szijjártó in Budapest and attending a special business forum organized by the Hungarian Investment Promotion Agency (HIPA). Governor Holcomb’s June 13-14 visit culminated in the signing of an economic cooperation agreement recognizing the dynamic expansion of bilateral trade between the US and Hungary over the past decade.

June 7, 2017 10:28 AM

Prime Minister Viktor Orbán Presents Grand Cross of the Hungarian Order of Merit to Thomas Péterffy

Prime Minister of Hungary Viktor Orbán presented the Grand Cross of the Hungarian Order of Merit to President and CEO of Interactive Brokers Group Thomas Péterffy in a ceremony in the Parliament Building on Friday, June 2. Born in Budapest, Péterffy fled from communist Hungary to the United States after the Soviet Union crushed the 1956 Hungarian Revolution, eventually settling in New York.

June 5, 2017 2:14 PM

PM Orbán, Hungary Reaffirm Commitment to Global Fight Against Terrorism Following London Attacks

Prime Minister of Hungary Viktor Orbán expressed his shock and condolences to British Prime Minister Theresa May following the terrorist attacks in London on Saturday, June 3 and affirmed Hungary’s commitment to the global fight against terrorism.

May 31, 2017 2:46 PM

Hungarian Act on Higher Education Does Not Impose Unattainable Requirements on Foreign Universities

Speaking on the subject of the recently adopted legislative amendment to the Act of Higher Education affecting foreign universities in Hungary on Tuesday, May 30, Press Chief of the Ministry of Foreign Affairs and Trade Tamás Menczer stated that “The Hungarian Act on Higher Education does not impose unattainable requirements on foreign universities.”

May 29, 2017 2:48 PM

Prime Minister Orbán Attends NATO Summit, Addresses Balkan Enlargement

Prime Minister of Hungary Viktor Orbán traveled to Brussels for a summit of the Heads of States of the North Atlantic Treaty Organization (NATO) on Thursday, May 25, highlighting the importance of the alliance’s expansion to the Balkans in consolidating peace and stability in the region.

May 23, 2017 12:05 PM

PM Orbán, Hungary Condemn Manchester Terror Attack

Prime Minister Viktor Orbán and Minister of Foreign Affairs and Trade Péter Szijjártó both expressed their deepest condolences on behalf of the Hungarian people to the families of the victims of the Manchester terror attack that took place at a concert on Monday, May 22.

May 19, 2017 1:56 PM

Exercise Load Diffuser 17 Begins in Hungary

Preparations are underway for a scheduled joint military exercise entitled "Exercise Load Diffuser 17” to take place in Kecskemet, Hungary from May 22 to June 9.

May 15, 2017 10:50 AM

Fitch Affirms Hungary’s Investment Grade Credit Rating

Rating agency Fitch left Hungary’s credit rating unchanged on Monday, May 15th at ’BBB-’, just above investment grade level. In the accompanying report, Fitch affirmed the "stable outlook” of the Hungarian economy and noted forecasted accelerated economic growth across Hungarian sectors.

May 5, 2017 1:03 PM

Hungary Calls for the Resignation of EU Commissioner Frans Timmermans

On Friday, May 5, 2017, Hungarian Minister of Foreign Affairs and Trade Péter Szijjártó called on First Vice-President of the European Commission Frans Timmermans to immediately resign his post following inappropriate and unfounded accusations of anti-Semitism aimed at the Hungarian Government and Prime Minister Viktor Orbán.