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CNBC International TV
In an article published in the Financial Times on Tuesday on the occasion of Hungary’s assuming the European Union’s rotating presidency, Prime Minister Viktor Orbán elaborated on the topic of restoring the EU’s competitiveness. He noted that Hungary was now serving its second EU presidency 13 years after its first one.
Hungary has received a total 184 billion forints (EUR 478m) worth of EU funding to be used for a pay hike for kindergarten and school teachers, the finance minister said.
In the lead-up to the municipal and EP elections held on June 9, Budapest is witnessing an intense political showdown alongside the national campaign primarily focused on the European elections, according to Republikon‘s research.
GVH, the competition watchdog, has fined Deutsche Lotto- und Sportwetten Ft 345 million, because the Malta-based company deceived customers into thinking that they were dealing with state-owned gaming company Szerencsejáték in online gambling, it was announced.
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