The main opposition Fidesz party's recently established fact-finding committee will first look into the development of Hungary's budget deficit and the government's decisions concerning the sale of carbon dioxide quotas, Mihaly Varga, former finance minister and head of the committee,... [read complete entry]
The EU's regional policy is an investment, not a charity, which is aimed at bringing the less developed regions closer to the level of the most developed, the EU's Regional Policy Commissioner told a conference of the European People's Party... [read complete entry]
In recent years the market for new office buildings in Hungary may have proved to be unsustainable, but there is still some life left in it - at least for so-called "sustainable" buildings. In what must be the biggest such... [read complete entry]
If Fidesz forms Hungary's next government, it will set up a "green bank" to finance the rehabilitation of pre-fab housing estates and improvements in the homes to facilitate more economical heating, Viktor Orban, head of the main opposition party, said... [read complete entry]
Three Hungarian companies - Audi Hungaria Motor Kft, Elgoscar-2000 Kft and the Lake Balaton Integration and Development Agency - received awards for their achievements in environment protection at the "European EMAS (Eco-Management and Audit Scheme) Awards 2009" in Stockholm on... [read complete entry]
The draft budget for 2010 does not stipulate sufficient measures which would guarantee environmental sustainability, a statement by the environmental ombudsman released on Tuesday said. Sandor Fulop had already urged the government to design next year's budget with environmental, social... [read complete entry]
Canada's Wind Works Power Corp on Wednesday said it signed an option agreement to acquire Ecsed, a 50MW wind farm in Hungary, for a combined USD 500,000. Wind Works Power will make an initial payment of USD 125,000 in January... [read complete entry]
Spanish wind-power company Iberdrola Renovables has decided to build 62 wind turbines on its wind farm located near Kisigmand (NW Hungary), the daily 24 Ora said on Monday. Iberdrola Renovables said that the wind farm will have wind turbines with... [read complete entry]
Hungary's share of Europe's wind energy capacities is less than one percent, an official of the European Wind Energy Association Jacopo Moccia said at a conference in Budapest on Friday. Of a total capacity of about 127,000 megawatts of wind... [read complete entry]
The government has decided to implement a system for green investments in Hungary for a more efficient use of energy, the environment minister told reporters on Thursday. The system will use the 28.2 billion forints (EUR 98m) generated in revenues... [read complete entry]
Hungary's main opposition Fidesz on Saturday presented 500 billion forints (EUR 1.65bn) worth of environmental proposals aimed at financing green investments and reducing energy dependence.... [read complete entry]
Germany's Infineon Technologies is to expand its plant near Budapest, which makes components for solar and wind power systems, Gordon Bajnai, the development and economy minister, said on Tuesday.... [read complete entry]
The environment ministry is currently looking for agencies to perform advertising and media activities related to a 2009 campaign aiming to raise environment consciousness in Hungary, according to Kreatív Online. A combined total of over Ft 200 million is available... [read complete entry]
Main opposition party Fidesz has offered to cooperate with the country's minority Socialist government on certain economic issues.... [read complete entry]
The deadline for the start of operation of a EUR 700m casino complex to be built near Hungary's border with Austria could be overstepped if Austria demands an environmental impact study for the project, business daily Vilaggazdasag reported on Thursday.... [read complete entry]
A group of mostly German investors plan to build a HUF 50bn biomass power plant in Batonytereny (NE Hungary), Ferenc Szatmari, a Hungarian investor in the project, told MTI on Tuesday.... [read complete entry]
Environmental consciousness is still rarely present in Hungary's real estate development projects, despite the fact that several factors, such as environmental pollution, global warming and rising energy prices would make it reasonable, writes Napi.hu.... [read complete entry]
As of next year, newly-built apartments in Hungary will require certificates indicating the property's relative energy efficiency, while existing flats being sold or rented will need to have a "green card" by 2012, reports Hungarian newswire MTI. The certificates were... [read complete entry]
The conference center can even send out the excess power it produces. [read complete entry]