Gov't Submits Bill Streamlining Sale of Non-Essential State Property 

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The government has submitted a bill to parliament that would centralize ownership rights over state-owned property with the Hungarian National Asset Management Company (MNV) and clear the way for the sale of non-essential assets, Economic Development Minister Márton Nagy said on Wednesday, according to a report by news agency MTI.

The bill aims to keep property that "directly serves" the provision of state tasks and is "significant from a strategic aspect", while selling or using for other purposes non-essential property, using an "efficient strategy" and in a "simpler and still transparent manner", Nagy said.

The measures could raise state revenue while cutting expenditures, he added.

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