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Hungarians Look Forward to 2010 South African Epic Race

Hungarian fans told The Budapest Report, that they look forward to participating in the so-called 2010 Absa Cape Epic mountain bike race in South Africa.

FIFA defends its 2010 South African World Cup

The world football governing body has come to the defence of the Republic of South Africa, the country that was accused by many British and German football fans of being the “unsafest place on Earth.”

Constitutional Court Repeals Property Tax Law

The Hungarian Constitutional Court (AB) on Tuesday repealed the ‘wealth tax’ bill, threatening family budgets across Hungary.

ILO Global Uneployement Trends 2010

The number of jobless worldwide reached nearly 212 million in 2009 following an unprecedented increase of 34 million compared to 2007.

Hungarian Chamber Strives to Access Global Market

Foreign Minister Peter Balazs and Hungarian Chamber of Commerce President Laszlo Parragh signed an agreement on Jan 22. The Ministry in a statement stated the deal will increase cooperation between foreign policy and businesses, due to the demands of a changing global economy.

Hungarian PM Offers Advice to Post-election Government

Bajnai said Hungary’s growth rate must exceed the EU average by two percentage points if the country is to be competitive.

SAC’s Hungarian Arm Flies Humanitarian Relief Flight to Haiti

The Hungarian arm of the Multinational Strategic Airlift Capability (SAC) has conducted a humanitarian relief mission to Haiti on 18 January 2010.

Government Sends Optimistic Message to Investors

Finance Minister Peter Oszko claimed that Hungary could avoid further IMF assistance.

New U.S. Ambassador Highlights Priorities

Eleni Tsakopoulos-Kounalakis said the U.S. Administration believes Hungarian measures to reinvigorate the economy have been successful.

Smokebusters Unveil Alleged State-level Smoking-tax Scandal

Hungarian civil activist group Smokebusters (Fustirtok) claims the case of corruption could cost more than HUF 5 billion.

South Africa’s Afriforum to Take Mugabe to Court

South African civil rights interest group AfriForum has acquired permission to initiate legal action against the Zimbabwean government.

Major Quake Rocks Haiti

Millions of people are homeless in one of the world’s poorest countries, according to officials in Haiti.

South Africa’s ‘FIFA World Cup Train’ Starts Test Runs

South Africa’s Gautrain, the official railway line catering for the 2010 FIFA World Cup, has started test runs.

Political Interference in South Africa Rugby

Fans of South Africa’s most celebrated rugby team, the Blue Bulls, are raging mad and seeing red, following the latest political inclination to blacken the name of the team.

Hungarian MEP Pressures Economic Commissioner at Hearing

Center-right Fidesz MEP Eniko Gyori questioned Competition Commissioner Joachim Almunia’s political independence, at an EP hearing.

Economic Minister Ousts Investment Promotion Agency CEO

Investment and Trade Developement Agency (ITD Hungary) CEO Gyorgy Retfalvi was dismissed with immediate effect by the Hungarian Economic Minister.

Hungarian City of Pecs Becomes ‘Cultural Capital of Europe’

The title of ‘European Cultural Capital’, which migrates annually from town to town, was created 25 years ago. It arrived to Southern Hungarian Pecs on Sunday, as a gala event drew thousands to celebrate the inauguration of the “Borderless City,” into its new role of spearheading European cultural exchange. Addressing the ceremony, Hungarian Prime Minister [...]

Hungarian Economy in State of Hibernation, Despite Low Deficit

Unemployment is soaring, while deficit statistics could be planting a sense of false security, according to economist Laszo Csaba.

Budapest U.S. Embassy Announces Fellowship Program

U.S. Embassy Budapest announced a fellowship program for multiply disadvantaged people, in a recent press release.

Criminal Code Amendment Could Release Involuntary Psychiatric Patients

Up to 80 percent of involuntary patients, undergoing forced treatment in Hungary, have committed violent crimes.

‘New Liberals’ Renounce Leading Liberal Economist over Welfare Issue

Politics Can be Different (LMP) is the new umbrella organization for Hungarian liberal voters, according to several political analysts.

Unions Obstruct Budapest Public Transport, by Obeying Regulations

Striking bus drivers pressured Budapest Transport Limited (BKV) by refusing to accept working conditions in their vehicles.

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