Jozsef Palinka elected once again as the head of the Hungarian Academy of Sciences

Jozsef Palinka elected once again as the head of the Hungarian Academy of Sciences, reports Hungarian MTV1 News.
He was elected for fresh three year term.  The leader said that amoung his plans are to cut spending of the academy and the institutions belonging to them, while at the same time expressing his wish for an increase in researchers in Hungary.  He said that “we must find and keep the country’s best researchers.”

Pope John Paul II to get statue in Budapest

Budapest, May 3 (MTI) – The late Pope John Paul II, who was beatified in Rome on Sunday, could get a statue in Budapest in a year or two, the communications director of the Mayor’s Office told MTI on Tuesday.

It is still to be decided where the statue will stand but Mayor Istvan Tarlos would prefer if a “worthy location” were found for it, Maria Szucs Somlyo said.

The Metropolitan Assembly decided last week that the spacious Koztarsasag (Republic) Square would be re-named after the Polish-born pontiff.


Hungary is fighting war of financial independence, says economy minister

Budapest, May 3, 2011 (MTI-ECONEWS) – Hungary is fighting an economic revolution for financial independence in which the first step was “throwing out” the IMF and the second was the Szell Kalman Plan which will restore the dignity of the country, National Economy Minister Gyorgy Matolcsy said at a meeting of the Szechenyi Klub on Tuesday.

Hungary has fought its most difficult and most risky campaign, and few thought there was life without the IMF, but “we did it and we did it well, on our own path, and we can reduce our state debt at our own pace,” Mr Matolcsy said.

The fight with the IMF was a “battle of life and death”, he said. With the IMF, Hungary could not have introduced the bank levy, crisis taxes or continued the reform of the pension system, he added.

The IMF led a EUR 20bn assistance package to the country at the height of the crisis late in 2008. Hungary returned to full market financing in the autumn of 2009 and Prime Minister Viktor Orban announced in the summer of 2010 that the country would not renew its standby arrangement with the IMF.