Hungary

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  • European Union Recommends Resuming Aid To Hungary

    nytimes.com 3 hours, 35 minutes ago

    The European Commission said Hungary had made enough progress to correct its deficit that aid, which had been suspended in March, should resume.

  • EU May Propose Lifting Of Hungary Funds Suspension: Paper

    yahoo.com 8 hours, 48 minutes ago

    BUDAPEST (Reuters) - The European Commission may propose later on Wednesday to lift a suspension of vital EU development funds for Hungary from 2013, daily newspaper Nepszabadsag reported citing a leading Hungarian government official. In March European Union finance ministers suspended Hungary's access to 495 million euros in aid from next year for failing to keep its budget in check, but told Budapest it could escape the sanctions if it took remedial fiscal action by June. EU finance ministers are expecte

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Hungary i/ˈhʌŋɡəri/ is a country, which is located in Central Europe. It is situated in the Carpathian Basin and is bordered by Slovakia to the north, Ukraine and Romania to the east, Serbia and Croatia to the south, Slovenia to the southwest and Austria to the west. The country's capital, and largest city, is Budapest. Hungary is a member of the European Union, NATO, the OECD, the Visegrád Group, and is a Schengen state. The official language is Hungarian, also known as Magyar, which is part of the Finno-Ugric group and is the most widely spoken non-Indo-European language in Europe.

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