Minister of Economics and Development Gordon Bajnai of Hungary

Gordon Bajnai is ready to reply of course that the sums are being used, investments are made, and the impact will be apparent in the future.

Bajnai was targeted as a potential prime minister, Keller's assignments at the ministry were looked into, as were Laborc's links to Moscow, where he was trained, but nothing compromising was discovered.

Hungary's government will launch a programme early next year to help car industry suppliers survive the period of recession marked by declining production and layoffs, Minister of National Development and Economy Gordon Bajnai said in Kecskemet, C Hungary, on Friday.

Hungary's Economy Minister Gordon Bajnai met with Serbia's Minister of Trade and Services Slobodan Milosavljevic in Budapest on Tuesday.

4 trillion in direct subsidies -- much of it from a restructuring of EU funding -- will be available to Hungarian companies in the next two years, National Development and Economy Minster Gordon Bajnai said at an economic.

Government funding to boost businesses will increase to one trillion forints from 800 billion announced earlier, Economy Minister Gordon Bajnai said on Friday.

National Development and Economy Minister Gordon Bajnai said on Friday that he had no knowledge of any "secret discussions" among government members on transforming the tax system, although economic policy issues have regularly been on its agenda.

National Development and Economy Minister Gordon Bajnai has invited market players to talks on measures to boost Hungary's sluggish growth, the ministry said on Friday.

Hungarian Economy Minister Gordon Bajnai said that the package would.

Over the next two years, Hungarian companies will have access to direct subsidies totalling 1,400 billion forint, thanks to the regroupment of EU funds, Economy Minister Gordon Bajnai said during a national economic forum in Budapest.

Hungary is heading into recession, most probably in the fourth quarter,” Bajnai said in an interview with Bloomberg TV in Budapest on Nov 25.

Bajnai said the government will announce the specific subsidy 60 days after signing a contract with Richter but the firm will receive both cash and non-cash support, which will be in line with similar investments.

Gordon Bajnai said that Hungary's internationally renowned RD activity displays changing performance, and Hungary spends significantly less on RD than the EU average.

Following the opening ceremony, Gordon Bajnai had a meeting with the head of NKTH at the Hungarian stands, they discussed the development opportunities of RD projects at the clusters (RET and other giant projects.

BUDAPEST, Dec 3 (Reuters) - Hungary's government is in talks with the European Investment Bank (EIB) on a financing package worth several hundred million euros to boost liquidity at companies, Economy Minister Gordon Bajnai said on Wednesday.

Bajnai said companies would be able to take out the new loans at an interest of about 8.

Minister of National Development and Economy Gordon Bajnai said that the government will launch a program next year to help suppliers survive the rise in unemployment due to falling demand.

Bajnai said the government focuses on money, markets and employment in the course of crisis management.

Bajnai said about 3,800 companies in Hungary export products worth more than HUF 30m per year.

Bajnai: HUF 1,400 Billion in Subsidies Available to Hungarian Business in 2009-2010November 13th 2008 Some HUF 1,400 billion in direct subsidies - much of it from a restructuring of EU funding - will be available to Hungarian companies in the next two years, National Development and Economy Minster Gordon Bajnai said at an economic summit in Parliament on November 13th 2008.

Cornerstone laid for BalatonringNovember 6th 2008 Minister for National Development and Economy Gordon Bajnai was among officials present on Thursday to lay the cornerstone for the Balatonring, a EUR 80m racing circuit near Lake Balaton that will host a MotoGP motorcycling-championship race for a period of at least five years beginning in 2009.

Mr Bajnai said that the Balatonring must be completed in time for the first MotoGP race scheduled to take place at the track on September 20, 2009.

Bajnai said the government would help finance the project but refused to disclose the exact amount of money it would contribute.

money!!! *****************Reduce bureaucracy costsIt should be an important goal to reduce the cost of bureaucracy for businesses by 750-800 billion Hungarian forints, Minister of National Development and Economy Gordon Bajnai said at an event organized by the Hungarian Association of Industrialists and Employers (MGYOSZ) last week.

The cost of bureaucracy should be reduced along with a reduction in payroll tax and employee contributions, Bajnai said quoted by Budapest Business Journal.