Macedonia’s fugitive former Prime Minister Nikola Gruevski claims he has been granted political asylum in Hungary, a week after he fled his country to avoid serving a two-year jail sentence for a corruption conviction, according to multiple reports. (Note: This report is updated to include comments by Minister of Foreign Affairs and Trade Péter Szijjártó.)
The Organisation for Economic Co-operation and Development (OECD) has raised its GDP growth forecasts for Hungary in the November edition of its Economic Outlook report released on Wednesday, Hungarian news agency MTI reported.
The National Bank of Hungary kept the base rate at 0.9% at its latest rate setting meeting. But more importantly, it revealed moves to simplify and fine-tune its set of policy instruments. Analysts say that it might signal the start of a tightening cycle in the longer run. In the short-term, however, the central bank is expected to stick to its dovish stance.
Austrian automotive industry company AVL will build a HUF 12.5 billion R&D base in Érd, on the southwest outskirts of Budapest, supported with a HUF 3 bln government grant, Minister of Foreign Affairs and Trade Péter Szijjártó said on Tuesday.
The governing body of Interpol took a decision at a general assembly in Dubai on Saturday allowing a Red Notice issued for Zsolt Hernádi, the chairman and CEO of Hungarian oil and gas company MOL, to be renewed, according to information on the website of the Croatian Ministry of the Interior, Hungarian news agency MTI reported.