October 2009

EU Helps Building a New Pier at Budapest Airport

The EU will provide EUR 7.56 million for the construction of a pier for combined Schengen and non-Schengen operations and seamless passenger transfer at Budapest Airport.

GKI’s Economic Sentiment Index Has Been Improving

After a six-month fall, the value of GKI's economic sentiment index adjusted for seasonal effects has been improving for half a year.


International news sources report on Hungarian economy, tourism and business.

Becton Dickinson Syringe Plant Start Operations in January 2010

American Becton Dickinson starts to produce disposable syringes in Tatabanya, West Hungary in 2010.

PM Bajnai Announces Anti-Corruption Package

Prime Minister Gordon Bajnai has announced that a Hungarian anti-corruption legal package will be introduced from January 1, 2010 which is based on the US system.

Hungarian Government Grants EUR 75 Million to Support MotoGP Races Until 2019 – MTI-ECONEWS

On Monday the Hungarian government decided to grant EUR 74.7 million from the central budget to support the MotoGP motorcycle racing championship in Hungary between 2010 and 2019.

Another Project Approved Funding Within the Framework of the National School Renewal Program

Funding amounting to approximately HUF 104 billion has been made available until up to 2011 within the framework of the New Hungary Development Plan (NHDP) National School Renewal Program, enabling the implementation of 364 projects.

UPC Keeps 2009 Investment Spending at About HUF 1 Billion

Cable television, internet and telephone service provider UPC plans to spend about the same amount on investments to launch next-generation internet services this year.

Real Earnings Fell by 2.1 Pct in January-August

Real earnings fell by 2.1 pct compared to January–August 2008, paralleled by a 3.8 pct increase of the consumer price index.

Slowing Decrease Expected for 2010 in Tourism

According to the latest estimates, the decrease of the guest nights will slow down in 2010 – said Mr Ákos Niklai, President of the Hungarian National Tourist Office at a conference on October 16.

News Monitoring