Italy, Kazakhstan win in World Ice Hockey

World-Ice-HockeyBudapest, April 16  : Italy, Kazakhstan and South Korea beat their respective opponents at the IIHF Ice Hockey World Championship Division I Group A here.

South Korea won its first ever game against hosts Hungary 5-4 (0-3, 1-1, 3-0, 0-0, 1-0) in a shootout Monday. Italy defeated Japan 4-1 (1-0, 2-1, 1-1) while Kazakhstan beat Britain 5-0 (2-0, 1-0, 2-0), reports Xinhua.

Italy and Kazakhstan remained undefeated and have good chances to be promoted to the top division. The competition kicked off Sunday and will conclude Saturday.(IANS)

Hungary submits bid for 2021 World Aquatics Championships

Viktor-OrbanBudapest, March 28 : Hungarian Prime Minister Viktor Orban submitted to Cornel Marculescu, executive director of the International Swimming Federation (FINA), an official bid to hold the 2021 World Aquatics Championships in Budapest.

The World Aquatics Championships comprised of swimming, diving, open water swimming, synchronized swimming and water polo, reports Xinhua.

The official media office of the Prime Minister said the talks accompanying the submission of the bid were "in an extraordinarily positive atmosphere."

Voters handed majority to the center-right opposition Fidesz Party in Hungary

Hungary-FlagHungary's voters Sunday handed the center-right opposition Fidesz Party the two-thirds majority needed in Parliament to pass laws and amend the constitution, some media reports have revealed.

The Wall Street Journal has reported that the results of the runoff election give Viktor Orban, the country's next prime minister, power to deliver on his campaign promises.

The socialist MSZP government defeated by Conservative Fidesz in Hungary

The socialist MSZP government defeated by Conservative Fidesz in HungaryOfficials have said that Victor Orban's conservative opposition party defeated the socialist MSZP government in first-round parliamentary elections in Hungary on Sunday.

The New York Times has reported that with 99 percent of votes counted, MSZP conceded defeat to Orban's Fidesz party, which had garnered nearly 53 percent of votes to 19 percent for the Socialists. The far-right Jobbik party, which has attacked "Gypsy crime" and Jews, captured 16.7 percent of the vote.

Wreckage of 17th-century Dutch cargo ship found near Brazil

Wreckage of 17th-century Dutch cargo ship found near BrazilBudapest (Hungary), November 30 : A team of Hungarian marine archaeologists has found the wreckage of a Dutch cargo ship that sank near the Brazilian coast over three centuries ago.

Voetboog was a three-mast flyboat, which left the port of Batavia (now Jakarta) for The Netherlands with a 109-member crew on board, the expedition leader Attila K. Szaloky told MTI, a Hungarian news agency.

NATO cannot afford to turn its back on Afghanistan - Rasmussen

NATO cannot afford to turn its back on Afghanistan - RasmussenBudapest - A NATO withdrawal from Afghanistan would lead to a strengthening of al-Qaeda and cause instability to spread through the region, NATO Secretary General Anders Fogh Rasmussen said on Thursday in the Hungarian capital.

Rasmussen spoke of the possibility of a gradual handover of power to Afghan security forces beginning as early as next year, the state news agency MTI reported.

Hungary's MOL plans new gas processing plant in Pakistan

Hungary's MOL plans new gas processing plant in PakistanBudapest  - Hungarian energy firm MOL plans to build a new gas processing plant in Pakistan at a cost of 30 to 50 million dollars, chief executive Gyorgy Mosonyi said Monday.

He told the state news agency MTI the plant would process up to 20,000 barrels of gas condensate that MOL hoped to extract at the Tal block gas field in north-western Pakistan.

MOL has been present in Pakistan through its subsidiary Oil and Gas Development Company since 1999. It employs 350 people there.

Australia to extradite alleged war criminal to Hungary

Australia to extradite alleged war criminal to HungarySydney - An 88-year-old Australian citizen accused of killing a Jewish teenager in his native Hungary in 1944 learned Thursday he had lost his legal battle to prevent extradition to face a war-crimes trial in Budapest.

The Australian government approved the extradition of Charles Zentai, giving Hungarian authorities two months to arrange his surrender into their care.

Zentai denies an accusation from the Simon Wiesenthal Centre that he participated in the fatal beating of 18-year-old Peter Balazs in Budapest in 1944.

GM workers in Hungary won't strike, but plant future uncertain

GM workers in Hungary won't strike, but plant future uncertainBudapest  - Workers at a General Motors factory in Hungary will not heed calls from German peers for industrial action following General Motors' decision to hold on to its European subsidiary Opel, local union leader Jozsef Vadasz told the state news agency MTI on Wednesday.

A spokeswoman for the plant Edit Legradi told the German Press Agency dpa that it was too early to say how possible restructuring might affect GM's Hungarian operations.

The GM powertrain plant, on Hungary's border with Austria, directly employs 640.

Hungary's jobless rate hits 13-year high

hungaryBudapest - The unemployment rate in Hungary was 10.3 per cent in the quarter from July to September, close to the 1996 record high of 10.6 per cent, the country's Central Statistics Office reported on Thursday.

In the same period last year, the average unemployment rate was 7.7 per cent.

The figures reflect a year-long wave of layoffs, particularly by large firms in the manufacturing sector, such as the automotive and related industries, that have been hit by falling demand abroad.

GE proposes job cuts of 2,570 in Hungary

GE proposes job cuts of 2,570 in HungaryBudapest - General Electric could lay off 2,570 workers at its Hungarian lighting division over the next two years, the US-based maker of electrical products and jet engines announced Wednesday.

The European director of GE Lighting, Phil Marshall, told reporters in Budapest that for now the decision remains a "recommendation," pending talks with unions, the local news agency MTI reported.

The planned layoffs would include the complete closure of a GE factory in Vac that employs 700, and 1,300 of 1,750 jobs at a plant in Nagykanizsa.

Commemoration of 1956 uprising upstaged by huge far-right rally

Laszlo-SolyomBudapest - Austere commemorations of Hungary's most import national holiday were overshadowed Friday by politicking and a rally by the far right.

On this day in 1956, Hungary fought alone in a doomed uprising against the might of the Soviet Union. Thus, it was no coincidence that October 23 was chosen in 1989 to end the single-party, Communist Hungarian People's Republic and found today's democratic Republic of Hungary. The day is still celebrated.

Chinese, Egyptian arrested in Hungary over fake 100-dollar bills

Chinese, Egyptian arrested in Hungary over fake 100-dollar billsBudapest - Hundreds of fake US banknotes were seized after a Chinese citizen tried to deposit 60,000 dollars of the forged bills into a personal account, Hungarian police said Thursday.

The suspect, who runs a store in the town of Siofok, 100 kilometres south-west of Budapest, was caught after a cashier at a local bank noticed inconsistencies in the
100-dollar bills and alerted the police.

Daimler begins building new car plant in Hungary

Daimler begins building new car plant in HungaryBudapest  - The German car maker Daimler on Friday laid the cornerstone of a new production facility in the town of Kecskemet, central Hungary, that will employ some 2,500 people.

Prime Minister Gordon Bajnai said at the ceremony that the investment, which was announced in June 2008, speaks volumes about confidence in Hungary.

Daimler is planning to invest some 800 milllion euros (1.19 billion dollars) in the facility.

The project is the largest single foreign investment to date in Hungary and Daimler's first in Central and Eastern Europe.

Serbia president: EU membership key to Balkan stability, growth

Serbia president: EU membership key to Balkan stability, growth Budapest - Serbia's joining the European Union is essential for the stability of the region, Serbian President Boris Tadic said Monday during an official visit to Hungary.

"Serbia's integration and accession to the EU is the only way to create stability in the west Balkan region that could form a basis for economic development," Tadic said.

He was speaking in Budapest after talks with his Hungarian counterpart Laszlo Solyom during an official visit to Serbia's northern neighbour.

Car audio giant to ramp up production in Hungary

Car audio giant to ramp up production in Hungary Budapest - The automotive audio and electronics equipment maker Harman International is to expand its Hungarian plant with a 20 million-dollar investment, development minister Istvan Varga said on Friday.

The export capacity of Harman's factory in Szekesfehervar is set to double output by 2011 and create 258 new jobs, the firm said in a statement.

Factory manager Istvan Kis told the state news agency MTI that turnover is currently the equivalent of 76 to 80 billion dollars, with all produce being exported.

No confidence motion filed against Romanian government

No confidence motion filed against Romanian governmentBucharest  - Romania's opposition National Liberal Party (PNL) on Thursday filed a motion of no confidence in parliament against the minority government of Prime Minister Emil Boc.

Two weeks before, the governing coalition consisting of Boc's centrist PD-L and the Social Democrats (PSD) disintegrated.

The PSD, which pulled out of the coalition, announced their intention to support the no-confidence motion, making the fall of the Boc administration a likelihood.

Parliamentarians are expected to put the motion to a vote on Tuesday.

Third death from swine flu in Hungary as vaccine campaign starts

Third death from swine flu in Hungary as vaccine campaign startsBudapest - A 33-year-old woman has become the third Hungarian to die following infection with swine flu, the Hungarian Health Minister Tamas Szekely said on Thursday.

The woman had been undergoing debilitating chemotherapy and radiation treatment for cancer, the minister said.

The Hungarian health authorities said the case highlights the danger of the new variant A(H1N1) influenza virus to certain high risk groups.

Hungary's central bank cuts base rate to 7.5 per cent

Hungarian-National-BankBudapest  - The Hungarian National Bank on Monday dropped its base rate by 50 basis points to 7.5 per cent, in line with analysts' expectations.

"A large majority of the monetary policy council voted for the 50-basis-point interest rate cut. The other option was a 75 basis point cut," bank governor Andras Simor told reporters.

The council cited as reasons for the cut a favourable medium-term inflation outlook - despite a spike caused by a hike in the value-added tax in July - and a more stable international financial environment.

Hungary's second swine flu fatality didn't meet profile

World Health OrganizationBudapest  - A 34-year-old man who died suddenly of a lung haemorrhage was found to be infected with the A(H1N1) virus, the Hungarian health minister said Thursday.

Istvan Szekely told the local news agency MTI that the death was particularly worrying, as the young man did not fit any of the risk groups described by the World Health Organization.

He had showed no sign of fever when he unexpectedly fell ill and died at home. An autopsy revealed infection with the A(H1N1) virus.

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