Hungary Trends – The previous week in business and finance

Budapest (MTI) – See below MTI’s main business and financial news from the previous week:

ORBÁN: HUNGARY NOT SEEKING TO RENEGOTIATE PAKS LOAN

Hungary is not seeking to renegotiate the conditions of a loan from the state of Russia to upgrade its nuclear power plant, Prime Minister Viktor Orbán said after talks with Russian President Vladimir Putin in Budapest.

ROSATOM CEO TRUSTS PAKS UPGRADE WILL MOVE FORWARD AS PLANNED

Russia’s Rosatom expects the European Commission to clear the upgrade of Hungary’s Paks nuclear power plan soon, allowing construction to start in 2018 as planned, CEO Aleksei Likhachev said in an interview published in Magyar Idők. Read more HERE: ROSATOM CEO TRUSTS PAKS UPGRADE WILL MOVE FORWARD AS PLANNED

ORBÁN: DELIVERY OF RUSSIAN GAS TO HUNGARY THROUGH SLOVAKIA FEASIBLE

Hungary could take gas deliveries from Russia’s Nord Stream pipeline via Slovakia, Premier Viktor Orbán said after talks with Russian President Vladimir Putin. He said the question of stability affecting deliveries of Russian gas through Ukraine was unavoidable.

[button link=”https://dailynewshungary.com/orban-putin-meeting-budapest/” type=”big” color=”red” newwindow=”yes”] Related article: ORBÁN-PUTIN MEETING IN BUDAPEST [/button]

ORBÁN: ECONOMIC GROWTH COULD BE FAR ABOVE 3 PC THIS YEAR

Economic growth this year could be far above 3 percent and there are high hopes that it might even pass 4 percent, Prime Minister Viktor Orbán said in Szeged. Read more HERE: ORBÁN SIGNS MODERN CITIES COOPERATION WITH SOCIALIST MAYOR OF SZEGED

HUNGARY JOBLESS RATE FALLS TO 4.4 PC

Hungary’s rolling average three-month jobless rate reached 4.4 percent in October-December, dropping from 4.5 percent in the previous period and 6.2 percent in the same period a year earlier, the Central Statistical Office (KSH) said. Read more HERE.