"The International Monetary Fund has yet to decide on returning to Hungary for formal aid talks as the decision depends on the government engaging on key “policy issues,” Reuters reported today, citing an IMF official."
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"Unlike Britain, Hungary is at the very centre of Europe. The disaster that could spread through central Europe as a result of the erosion of democracy in Hungary and the regime's aggressive rhetoric towards its neighbours – Romania, Slovakia and Serbia, for example – is more than a "pile-up". And, above all, it is not an accident."
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"Hungary’s forint weakened, snapping two days of gains against the euro, and government bonds fell as investors sold riskier assets worldwide. The forint slid 0.8 percent to 308.60 per euro by 4:33 p.m. in Budapest, after strengthening 0.4 percent in the previous two days."
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"To all fans of motor sports. Visit the Formula 1 Grand Prix 2012 on the Hungaroring, 29 July 2012. The massively discounted pre-sale tickets are still available online until the end of January."
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"Hungary’s health care system may be facing serious staffing issues in a few days, with over 2,500 medical professionals set to quit their jobs on Jan. 1 amid salary demands. Health care workers are demanding higher pay, saying the current level is insufficient to make a living."
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"These are the facts: on 6 December 1956 Hungary and the Soviet Union contested a water polo semi-final that has earned a place in infamy, an occasion that seethed with threatened or actual violence from the first minute and ended in chaos after Hungary's young attacking prodigy Ervin Zador was taken, bleeding, out of the pool and straight to the medical room."
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"The ECB say that, “by appointing a new President with authority over the Governor of the MNB, who would become the Vice-President of the new institution, the personal independence of the MNB’s Governor would be impaired.” They warn that this would breach the Statute of the European System of Central Banks."
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"Just before the Christmas break, the Hungarian parliament passed a number of authoritarian and nationalistic laws. The new laws are unpopular with the population, as well as with international financial institutions."
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"US Secretary of State Hillary Clinton has sent a letter to Hungarian Premier Viktor Orban expressing concern over the state of the country's democracy, a government spokesman in Budapest said Tuesday. Clinton "basically put her earlier words into writing," Peter Szijjarto told Hungarian newswire MTI."
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"Located in the foothills of Northern Hungary, the Tokaj-Hegyalja wine region has been famous for its delicious sweet wines for centuries. Wine has been produced here since the third century, but the region became internationally renowned when Louis XIV served it to his court at Versailles in 1703 and named it the “wine of kings, the king of wines."
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"Budapest, Istanbul and Paris registered strong increases in profit per room for November led by robust year-on-year growth in achieved average room rate, according to the latest HotStats survey by TRI Hospitality Consulting. "
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"The church law, which would have gone into effect Jan. 1, only included 14 Christian churches and Jewish congregations, forcing all others to seek recognition from two-thirds of Hungary’s lawmakers."
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"There are few unspoilt romantic opportunities as a cruise on the Danube through Budapest, especially at sunset. The view is spectacular whatever company you are keeping but for couples it can be a magical experience. Check out the boats available, the level of facilities and prices differ wildly and be aware that a cheap price may mean you are stuck on a barely floating bucket of bolts for an hour or two. The truly luxurious boats come with a price tag to match but it can be worth it."
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"Combine 3/4 cup warm milk, 8g sachet dried yeast and 1 tbs caster sugar. Set aside for 5 minutes until foamy. Process 3 cups plain flour, 200g butter, cubed and 2 egg yolks in a food processor until breadcrumbs form. Transfer to a bowl."
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"Hungary will probably increase the European Union’s highest benchmark interest rate after the trading bloc and the International Monetary Fund suspended talks about a bailout, threatening to pressure local assets."
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