Hungary will not accept British EU budget proposal in present form
Hungary's Prime Minister Ferenc Gyurcsany asserted Tuesday that the Hungarian government will not support the 2007–2013 EU budget proposal of the British presidency of the EU as it includes a disproportionate reduction in cohesion funding and does not go far enough in facilitating easier access to EU funds.
Hungarian commercial real-estate investment at EUR 800 mln in Q1-Q3 tops 2004 total
Investment in Hungarian commercial real estate reached EUR 800 mln by the end of the third quarter of 2005, already in excess of the EUR 750 mln invested last year, according to data released by real-estate consultant DTZ.
Hungary's September foreign trade deficit confirmed at EUR 157 mln
Hungary's foreign trade deficit was EUR 157.2 mln in September 2005, according to revised data released by the Central Statistical Office (KSH).
Hungarian
Hungary's "Top 100" business outlook index prepared by the country's Ecostat research institute was up two percentage points to 53% in November, returning to a positive tendency on stable economic indicators after a fall in October, according to a monthly Ecostat report.
Hungary's central bank reduces 2006-2007 inflation forecasts but sees uncertainty ahead
Hungary's central bank MNB has reduced its inflation forecasts for both 2006 and 2007 in its latest "Quarterly Report on Inflation," but warns that the pace of disinflation seen over the past year may not be sustainable in the future.
