Brussels has given the green light to an initiative by the European Humanist Federation (EHF), a civil-society association, to seek a suspension of Hungary’s voting rights in the European Parliament on grounds that there is a lack of democracy in this country, Hungarian online daily index.hu reported today.
Following reports that Russia’s Gazprom cut off gas deliveries to Ukraine, Magyar Földgázkereskedő, the gas trading unit of state-owned Hungarian Electricity Works (MVM), said yesterday that Hungaryʼs gas imports are continuing uninterrupted and at a level appropriate for secure supply, Hungarian news agency MTI reported today.
While he cautions that recent moves by the government could be a deal breaker, Radovan Jelašić talks about his bank’s plans to sell an ownership stake to the state and to increase its lending activities here.
Chairman-CEO Dale A. Martin of Germany’s Siemens expressed intentions to sign a €1 billion contract with the Hungarian government to supply the turbines for the upgrade of Paks nuclear power plant, German business daily Handelsblatt reported yesterday, according to Hungarian news agency MTI today.
The unemployment rate in Hungary was down 0.7% to 6.4% in the period of August - October compared to the same period a year earlier, Hungary’s Central Statistical Office (KSH) reported today.