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The key to rural development is the development of provincial cities

Prime Minister Viktor Orbán announced that by 2018 three developments will be implemented in Sopron.

Victims of the brokerage scandal could be reimbursed from a damages fund

Based on a proposal by Fidesz, assets of companies involved in the brokerage scandal would be collected within a damages fund.

Price of energy is of utmost significance from Hungarian viewpoint

The price of energy is of the utmost significance from the Hungarian viewpoint, Prime Minister Viktor Orbán stressed.

Government securities are the safest savings option

Government securities are guaranteed by the State of Hungary, therefore they are perfectly secured, Minister for National Economy Mihály Varga said at a press conference

Leading news

Volume of retail trade hits pre-crisis level

Ministry for National Economy, March 26, 2015 10:11 AM

Retail trade data in Hungary came in even better than expected, as the volume of sales gained 8.7 percent in the first month of the year. As a result of the upward trend, which has been in place for more than one-and-a-half years, turnover has reached the pre-crisis level.

The fuel supply contract of the Paks Nuclear Power Plant will be finalized based on the Finnish model

Prime Minister’s Office, March 26, 2015 11:18 AM

According to the Government Commissioner in Charge of Maintaining the Performance of the Paks Nuclear Power Plant Attila Aszódi, the fuel supply contract of the two new blocks of the plant will be finalized based on the Finnish model; the agreement may soon be concluded.

We aim for full employment

Ministry for National Economy, March 26, 2015 2:18 PM

Minister for National Economy Mihály Varga said that cutting government debt and improving employment are the two main objectives of Hungarian economic policy.

Issue of the fuel supply contract may be solved

Prime Minister’s Office, March 25, 2015 9:26 AM

All obstacles have been removed from the way of solving the issue of the fuel supply contract necessary for the extension of the Paks Nuclear Power Plant – Minister of the Prime Minister’s Office János Lázár told MTI in a phone interview given after consultations held with Commissioner for Climate Action and Energy Miguel Arias in Brussels.

Hungary to remain on current growth trajectory

Ministry for National Economy, March 25, 2015 3:42 PM

In the next one-and-a-half to two years, the Hungarian economy is set to remain on the existing growth path, with 2.8-2.9 percent GDP growth projected for this year, Minister for National Economy Mihály Varga said at a conference organized by the Confederation of Hungarian Employers and Industrialists in Budapest.

Exchange booth operators must also install online cash registers

Ministry for National Economy, March 25, 2015 1:51 PM

As Deputy State Secretary for Taxation and Accounting Zoltán Pankucsi told public news channel M1, earlier today the Ministry for National Economy met with representatives of the Association of Hungarian Exchange Booth Operators and the two parties agreed that the compulsory introduction of online cash registers will facilitate transparency in the sector and bolster the protection of consumers.