Radio Free Europe/Radio Liberty, the U.S. government-funded organization that broadcasts news and analysis to countries in Eastern Europe, Central Asia and the Middle East “where a free press is banned or not fully established,” is set to restart in Hungary, following recent relaunches in Bulgaria and Romania.
Hungary should further develop its growth model in order to remain on a sustainable path of catching up with more established EU states in the long term, at a time when "the change in the global economic climate" requires new responses, György Matolcsy, governor of the National Bank of Hungary (MNB), said at an annual meeting of Hungarian economists.
The Monetary Council of the National Bank of Hungary (MNB) once again left the base rate unchanged at its latest rate setting meeting, and, albeit expected by many, the European Central Bank also kept the interest rate on hold last week.
Announcing a new investment by German discount supermarket chain Aldi, Minister of Foreign Affairs and Trade Péter Szijjártó said the future success of the Hungarian economy will be determined by where companies dictating the tempo of the global economy develop, introduce and begin applying their innovations.
The latest study on cohesion fund expenditure for the 2014-2018 period compiled by the European Anti-Fraud Office (OLAF), the official EU body responsible for investigating fraud, corruption and misconduct, found that Hungary has set a negative record, news website index.hu reported.