Palkovics attends BBS library construction ceremony

Innovation and Technology Minister Laszlo Palkovics on Tuesday attended a ceremony marking the completion of the main structure of a new library and students' centre for the Budapest Business School complex. In his address, the minister said BBS was "a beneficiary of Hungary's higher education reform" as one of 21 universities transferred to foundations in the past two years. A new management model for these universities means "not only simpler operations but a different financing model", he said, adding that funding for BBS had quadrupled under the new system.