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University Defrauded Of Ft 157mn In Hungary
"An employee of the Károli Gáspár Calvinist University has confessed to taking Ft 157 million worth of grants from the university over eight years, Budapest Police announced on Wednesday. The university filed a report after suspicion arose that one person had collected grants on behalf of 45 students. more »

Governing Parties In Hungary Lose Half Of Voters


Governing Parties In Hungary Lose Half Of Voters
"Fidesz has lost half of its voters in the past 12 months, according to a Tárki poll. Support for the ruling party among decided voters dropped from 53% in July to 46% in October. The Socialists’ approval rating rose from 20% to 22% in the survey conducted before the party split last week. more »

Hungary's State Spending To Rise In 2012


Hungary's State Spending To Rise In 2012
"State budget spending will rise by 3.8% next year to Ft 9.6 trillion, before falling 1.2% in 2013 and 1.0% in 2014, according to the government's medium-term budget forecast. Economy Minister undersecretary Peter Beno Banai said on Tuesday that the government aims to reduce expenditure in the non-productive sectors, which do not contribute to economic growth. more »

Another Village Mayor Accused Of Loan-Sharking In Hungary


Another Village Mayor Accused Of Loan-Sharking In Hungary
"Borsod county court on Wednesday placed into custody Tamás Beri, the independent mayor of Tornanádaska, his wife and cousin on suspicion of the crime of usury. Police said Beri, who was elected mayor in a January by-election, and his wife ran a so-called social store in the village, where those in need were able to buy food. more »
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