"Hungarian Prime Minister Viktor Orban spoke with The Wall Street Journal on Wednesday about his negotiations with the European Union and the International Monetary Fund on financial backing."
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"The Atlanta Silverbacks have signed veteran goalkeeper Daniel Illyes, pending USSF and ITC approval, the club announced Wednesday. Illyes, 29, joins the Silverbacks after playing 10 professional seasons in his native country of Hungary, including eight in the Hungarian first division."
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"The head of a European Union advisory panel on Wednesday denounced the "extraordinary concentration" of power in the press under the leadership of Hungarian Prime Minister Viktor Orban, saying it has undermined his nation's media freedom. The official, former Latvia Prime Minister Vaire Vike Freiberga, said Wednesday that she believes "Hungary and its leaders would be wise to reconsider the laws and regulations that they have passed so as not to stand in contravention of various fundamental principles."
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"French tire maker Compagnie des Etablissements Michelin SA (ML.FR) has said it is putting plans to expand its manufacturing capacity in Hungary on hold, business daily Vilaggazdasag reports Wednesday."
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"As Europe rang in 2012 with cautious optimism that new financial reforms may usher in a better year, Hungary's right-leaning conservative government enacted a new constitution which, opponents say, threaten the country's standing in the European Union — and that, in turn, could further damage Hungary's ailing economy."
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"HUungary could secure a new funding deal worth as much as e20 billion (R205bn) with international banks by March or April, a government official said yesterday as economic sentiment in the emerging European economy plunged to a two-year low."
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"Massive crowds of Hungarians marched the streets of downtown Budapest Saturday to object to what they see as foreign infringement of the country’s sovereignty and to show their appreciation of Prime Minister Viktor Orban’s government."
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"Hungarian Prime Minister Viktor Orban tried to move closer to a deal with the European Commission on Tuesday to rework laws critics say undermine democracy so he can revive stalled international aid talks."
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"Adding to the pressure the European executive has launched legal action against Hungary over contested reforms of its judiciary, central bank and data protection authority. Hungarian Prime Minister Viktor Orban is to travel Tuesday to Brussels to meet Commission President Jose Manuel Barroso to discuss the dispute.W
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"Several thousand people have rallied in support of a Budapest radio station critical of the government which may soon be forced to shut down after losing its license in a disputed tender."
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"At least 100,000 people have rallied in Hungary's capital Budapest in support of embattled Prime Minister Viktor Orban and his government. Participants carried banners in foreign languages, appealing to the European Union to respect Hungarian sovereignty."
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"Hungarian Prime Minister Viktor Orban gave the first concrete evidence on Friday that he is backing down in a dispute with the European Union, aiming to free up talks on aid needed to prop up its battered financial markets."
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"Hungary’s prime minister on Friday backed down further in a legal clash with the European Union, saying his government was ready to change disputed laws even if it was convinced of their validity."
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"Unlike Greece, Spain and Italy, Hungary does not use the euro single currency, but it is afflicted by similar debt problems. Fears are now growing that Hungary could go bankrupt, prompting it to request help from the European Union and the International Monetary Fund. So is Hungary the next step on Europe's path to meltdown?"
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"Another conciliatory noise from Budapest, this time something quite specific – which could help persuade sceptics that Viktor Orbán, the prime minister, is at last serious about making concessions to reach a EU/IMF deal. Orbán said on public radio on Friday that Hungary would abandon a planned merger of the central bank and its financial markets regulator – a key point of dispute with Brussels."
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