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Ministry for National Economy raises 2014 GDP forecast to 3.1 percent

The Ministry for National Economy raised its full-year GDP forecast for 2014 to 3.1 percent, Minister Mihály Varga said on Monday.

GDP growth indicates the desire of Hungarians to work

Prime Minister Viktor Orbán stated that the exceptional second-quarter 3.9% economic growth data published on Thursday is down to the fact that Hungarians want to work.

Prime Minister opened new stadium in Budapest

Prime Minister Viktor Orbán opened a new stadium in Budapest's ninth district, on Sunday and addressed the fans.

HUF 5 billion factory expansion at Nemak Győr Kft

Mexican-owned Nemak Győr Ltd, a manufacturer of cylinder heads and engine blocks, is to create 100 new jobs with a HUF 5 billion (EUR 17.8 million) expansion project in Győr.

Leading news

Ministry denies reports of Hungary supplying military technology to Ukraine

Ministry of Foreign Affairs and Trade, August 15, 2014 10:11 PM

The Foreign Ministry resolutely denied on Friday reports about Hungary supplying military technology to Ukraine.

Sanctions are causing more damage for Hungary than Russia

The Prime Minister, August 15, 2014 11:20 AM

Prime Minister Viktor Orbán said in a Kossuth radio interview on Friday that the economic sanctions against Russia are contrary to Hungary's national interest. He pointed out that he agreed with Slovakian Prime Minister Robert Fico that the sanctions imposed by the West "hurt us more than they do Russia".

Hungary’s GDP grew by almost 4 percent in Q2 2014

Ministry for National Economy, August 14, 2014 12:04 PM

In Q2 2014, Hungary’s GDP was up by 3.9 percent in comparison to the corresponding period of the previous year, the Hungarian Central Statistical Office (KSH) reported on the basis of preliminary data. This has been the highest quarterly GDP growth figure since Q1 2016. Compared to Q1 2014, GDP increased by 0.8 percent.

Foreign Ministry plans Semmelweis memorial year events for 2015

Ministry of Foreign Affairs and Trade, August 15, 2014 8:19 AM

The state secretariat for cultural diplomacy of the Ministry of Foreign Affairs and Trade plans a series of international thematic events to coincide with the Ignac Semmelweis memorial year announced by UNESCO for 2015, marking the 150th anniversary of his death, the ministry said on Thursday.

Minister Lázár to meet Roundtable of Jewish Communities

Prime Minister’s Office, August 14, 2014 4:55 PM

Minister János Lázár has asked that a meeting of the Roundtable of Jewish Communities (Mazsihisz) be convened in September and has requested the cooperation of President of Mazsihisz András Heisler in a letter.

Hungary evoked the admiration of the world in 1989

Ministry of Foreign Affairs and Trade, August 14, 2014 3:41 PM

Hungary has evoked the admiration of the world in 1989; at the time Hungarian people had leaders who have had the courage to take risks and their decisions meant the only glimmer of hope to refugees, said father Imre Kozma, founding president of the Hungarian Maltese Charity Service at the opening of the event series called ‘Day of Welcoming’ in Budapest this Thursday.