Liberal SzDSz officials behind bars over property corruption scandal in Pest’s district VII. more »

Property developer TriGranit halved the value of its under way project from E8 billion to E4 billion, as it had to suspend or postpone some of its investments due to financial tie-ups, said Sándor Nyúl operative CEO. more »

The Monetary Council of the National Bank has reduced the central interest rate by 50 basis points again to 10.5%, reported Hungarian channel Inforadio. more »

Despite the financial crisis, Daimler AG proceeds with its Hungarian investment by picking its local suppliers. more »

The central interest rate will be systematically decreased, said Ferenc Gyurcsány PM, on the Day of the Entrepreneurs economic policy forum organized by the National Association of Entrepreneurs and Employers (VOSz) last Friday. more »

The Prosecutor’s Office of Bács-Kiskun County accuses Orbán Kolompár, Chairman of the National Roma Municipality and three others with gaining illicit economical advantage, reported Hungarian Daily, Népszabadság. more »

Liberal SzDSz party failed to elect its new parliamentary group leader; as both nominees, Gábor Fodor, chairman of liberal SzDSz and János Kóka, former faction leader of the party, received the same number of votes, the faction postponed the decision about choosing a new leader. more »

In order to halt unemployment the government should be following the successful European lead instead of the brutal restrictions, said Ildikó Bernáth, Fidesz politician. more »

The Parliament has accepted the performing arts law that will allocate an extra Ft3.3 billion support for theaters and other performing arts institutions. The bill was supported by SzDSz and MDF besides the governing Socialists. more »

Hungarians tend to call the Irish “the Hungarians of the West”, whereas the Dublin phone book lists Hungary’s country code as “Far East Europe”. Still, the ties exist and Irish people here (too) seem to have a good time. more »