Hungarian Cabinet Establishes US Foundation
- 3 Dec 2012 8:00 AM
The cabinet is establishing an American foundation entitled Friends of Hungary in a bid to enhance the identity of diaspora Hungarians and strengthen bonds of national unity, according to a government resolution published in official Magyar Kozlony.
Economy Minister Gyorgy Matolcsy had until November 30 to make $15 million available as founding assets for the foundation. The Prime Minister’s Office will exercise ownership rights over the foundation.
Source: Hungary Around the Clock
This news item is one of many published daily by HATC, a premier subscription news service which distributes English-language info about Hungary via email or fax. For a free trial of HATC follow this link and click on 'Free Trial Subscription'.
LATEST NEWS IN current affairs