Hungary has no resources to develop the Ferihegy International Airport as it must be, Prime Minister Ferenc Gyurcsány told national radio in his usual Tuesday interview. State Privatisation Holding (ÁPV) President Tamás Mészáros also said in an interview with news portal index.hu that Hungary needs no bigger guarantee that Budapest Airport will be duly upgraded than the fact that investors are willing to pay around HUF 400 billion for it.


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Today, the European Roma Right Centre submitted a shadow report to the United Nations Committee on the Rights of the Child (CRC) concerning Romani children's rights issues in Hungary. The CRC will formally review Hungary's compliance with the International Convention on the Rights of the Child in January 2006. Prior to that, in October 2005, a pre-sessional working group of the Committee will meet to assess preliminary issues and main areas of focus with respect to Hungary. The ERRC's comments are intended to provide information on the situation of Romani children in Hungary, to supplement the Hungarian government's report to the Committee.
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The European Commission will only propose admitting new EU member states to the euro zone if they properly meet all the entry criteria, EU Economic and Monetary Affairs Commissioner Joaquin Almunia said on Tuesday.

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Hungary's international reserves grew by EUR 43 million to EUR 14.735 billion in August. Foreign currency reserves went up by EUR 74 million to EUR 14.311 billion. There were market rumours that the rise in foreign currency reserves in August was caused by a central bank intervention last month in the market to halt a rise in the forint.

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Hungary's right of centre Fidesz opposition party has maintained its lead over the ruling Socialist Party, according to a poll by Marketing Centrum published on Monday.

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A consortium led by Turkish conglomerate Koc Holding and including Royal Dutch Shell made the highest bid of $4.14 billion on Monday in an auction for a 51 percent stake in Turkish oil refiner Tupras.
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At least 100 of the 283 workers laid off from dairy producer MiZo Rt may find a new job at meat processor Délhús Rt before the end of this year, confirmed Délhús CEO László Kovács.
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The privatisation agency APV has sold the MTV headquarters building to Canadian real estate developer Tippin Corp., Nepszabadsag reports. Tippin envisages shops and cafes at ground level, offices above and luxury apartments on the top floors.
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Apple production in Hungary is off sharply this year as cold, rainy weather in May spoiled fruit setting during pollination, and humid, cool weather throughout the summer resulted in extensive fungus infestations, reports the U.S. agricultural attache for the country.
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2005.09.16. Friday 22:00h - A38 Boat
Fresh E.R. bem.: Koma & Bones (TCR, UK), TB Gon & Marvin (Trancewave), Ludmilla (VA Breaks), Bergi (Fresh E.R.), Crez (Fresh E.R.)

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2005.09.15. Thursday 18:30h - A38 Boat
Gloomy northern metal music in all amounts
Advance booking:: 3900 HUF, at the door: 4500 HUF

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Eastern European countries urged the European Union to agree on new seven-year budget this year, warning that a delay would set back their economic progress as they strive to adopt the euro.

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Euro zone finance ministers have backed a 2008 deadline for Portugal to cut its budget deficit below the EU limit of 3 percent of gross domestic product.

Below are details of the EU's excessive deficit procedure against euro zone and non-euro members. EURO ZONE


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Budapest Airport workers have accepted a 10 percent wage rise and will not go on strike as they had threatened, Budapest Airport said in a statement.

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The average room occupancy at hotels in Hungary was 45.8% in January-July, up from 44.5% in the same period last year, the Central Statistics Office announced. Some 1.9 million foreign guests spent more than 5.9 million nights at commercial accommodation in January-July, year-on-year rises of 7% and 2%, respectively.

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