Pannonia Program helps 3,000 Hungarians to study at world's leading universities
Minister Hankó said the scheme was designed to resolve issues around the Erasmus European higher education program.
Balázs Hankó, the minister of culture and innovation, said that in its first semester, the government's Pannonia Program offered an opportunity to some 3,000 Hungarian students to study at the world's leading universities.
Speaking on public radio on Tuesday, Minister Hankó said the scheme was designed to resolve issues around the Erasmus European higher education program, adding that foreign partners of Pannonia fully accepted Hungarian credits, while students are granted scholarships of 1.6 million forints (EUR 4,000) as opposed to 1 million forints under Erasmus.
Hungarian universities have ties to 4,045 universities across the world, which serve as a good basis for the scheme, the minister said. 'Hungarian universities can make direct contact with other universities and will be more familiar with each other's profile and curriculum … they can select partners from the whole world not just from Europe,' he said.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Budapest Times
5 hours ago
- Budapest Times
Orbán: Hungarians will not kneel before Brussels
Prime Minister Viktor Orbán said Hungarians will not kneel before Brussels. 'We will not spread our hands and point the finger at Brussels and international law like some losers… We will act,' PM Orbán told an event of the Patriots for Europe party family in Mormant-sur-Vernisson in France on Monday. Regarding migration, PM Orbán said: 'This is not migration, this is an organised population exchange replacing the cultural foundation of Europe. We Hungarians will not kneel before Brussels but stand with the people and fight for them.' Meanwhile, PM Orbán said the European right wing was 'under an unprecedented attack of bureaucrats and judges who have never been elected. We will put an end to that. We have made an alliance, and we are pushing forward. We Hungarians need your victory because we can't occupy Brussels without you and can't remove ourselves from Brussels's torture chamber,' he said. Referring to Le Pen, PM Orbán said: 'You have an excellent leader, you only have to want it and you will succeed.'
Budapest Times
5 hours ago
- Budapest Times
Nagy: Hungary will maintain its ban on imports of Ukrainian food products
István Nagy, Minister of Agriculture, said the interests of Hungarian farmers come first, therefore, Hungary will maintain its ban on imports of Ukrainian food products after the expiry of the free trade agreement between Brussels and Kyiv. Commenting on his social media page, Minister Nagy noted that after the outbreak of the war in Ukraine, Brussels decided to allow unlimited and duty-free entry of Ukrainian produce into the territory of the European Union. As a result, large quantities of Ukrainian grain and other farm products of dubious quality have flowed into EU territory without control, jeopardising the livelihood of Hungarian farmers. In order to protect the interests of Hungarian farmers, Hungary introduced a ban on imports of these products. Minister Nagy said the unlimited and unilateral EU authorisation of Ukrainian imports expired on June 5, and after that, the pre-war trade agreement between Ukraine and the EU temporarily came into force. According to this, Ukraine can import farm products into the EU duty-free according to specified quotas. Despite the reduction in import volume, there is still no guarantee that imports arriving in the EU will not be stuck in member states near the border, causing huge market disruptions again, the minister said. Another problem is that the regulation still does not provide a solution for corn, one of the most sensitive products from the Hungarian point of view, given that the tariff rate is zero. In addition, even the reduced quotas would give Ukrainian farmers an excessive competitive advantage to the detriment of Hungarian producers, primarily in the case of meat and eggs. In this situation, Hungary continues to maintain the import ban introduced under national jurisdiction two years ago to protect the interests of Hungarian farmers, Nagy said. Minister Nagy said Hungary continues to stand by the principle that food arriving in the EU must comply with the same rules and traceability criteria as products made in the EU. Ukraine must not endanger the EU's agricultural markets, for which Brussels must find a long-term and reassuring solution. Until this happens, Hungary will maintain the restrictive measures, Minister Nagy said.
Budapest Times
7 hours ago
- Budapest Times
Fitch Ratings affirms Hungary's sovereign rating with a stable outlook
Fitch Ratings has affirmed Hungary's sovereign rating with a stable outlook. The National Economy Ministry said all three big rating agencies have put Hungary in the investment grade category. The ministry faulted decision-makers in Brussels for adopting a failed economic policy, supporting the war instead of peace, and giving all available funding to Ukraine, while the European economy faces growing challenges. The government is working to shield Hungarians from the negative external environment and strengthen the economy, allocating resources to support families and SMEs, it added. In spite of pressure from Brussels, the government is implementing Europe's biggest family-friendly tax cut programme, while taking firm steps against unjustified price increases, the ministry said. At the same time, the government continues to preserve fiscal stability and exercise strict fiscal discipline, maintaining its commitment to reduce state debt and the budget deficit, it said. In May and June, budget revenue was boosted by a HUF 110bn dividend paid by Liszt Ferenc International operator Budapest Airport and a HUF 200bn dividend by state-owned energy group MVM, it added. Hungary's economy stands on firm foundations, confirmed by the latest data showing employment at close to 4.7 million and a record low number of job-seekers, the ministry said. Real wages have climbed for over a year and a half, and the tourism sector is set to have a record year in 2025, it added. Confidence in Hungary is reflected in bond issues on international markets, most recently a EUR 1 billion security issued by the Hungarian Development Bank (MFB) that drew outstanding interest, the ministry said. The ministry highlighted stimulus programmes such as the Demjan Sandor Programme for scaling up SMEs that will pump over HUF 1,400bn into the economy.
