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Hungary is one of the biggest winners of the next development cycle

Nine calls will be published at the beginning of October with a total allocation of HUF 120 billion from EU development funds made available for the multi-annual planning period between 2014-2020.

Péter Szijjártó takes oath as foreign minister

Minister of Foreign Affairs and Trade Péter Szijjártó has sworn in today in Parliament.

A new era to begin in Hungary’s business life

Pharmaceutical company Béres opened its new manufacturing division, the total cost of which was in excess of half a billion forints. The inauguration ceremony was addressed by Viktor Orbán.

The Hungarian economy is on the right track

Over the past six months, the Hungarian economy grew by nearly 4 percent, which alone is an excellent result the Prime Minister emphasised.

Leading news

Vehicle manufacturing sector expanded by 32 percent in 2013

Ministry for National Economy, September 30, 2014 10:48 AM

The year of 2013 brought about a positive U-turn also within the vehicle manufacturing sector, as output in this division grew by 32 percent and the number of new jobs was up by 2000, Minister for National Economy Mihály Varga said in Kecskemét, at the Deloitte car industry conference entitled “Innovation.Incubation.Financing.”

Minister of Interior bans racist conference

Ministry of Interior, September 29, 2014 6:25 PM

The US-based extremist and nationalist international “white supremacy” organisation, the National Policy Institute (NPI), is organising a conference in the Hungarian capital together with Russian radical figures.

Successful issuance of Eximbank bonds

Ministry for National Economy, September 29, 2014 3:27 PM

Minister for National Economy Mihály Varga said he considers it a sign of confidence in the country that Eximbank last week issued another batch of five-year bonds for USD 500 million on international markets. Investors lending money for a state bank for five years certainly trust the economy of that country, he added.

Higher education receives nearly HUF 7 billion for debt consolidation

Ministry of Human Capacities, September 29, 2014 6:00 PM

The Higher Education Restructuring Fund will distribute HUF 6.76 billion (EUR 26.4 million) to 12 higher education institutions this year to help them reduce their debts, Minister of Human Capacities Zoltán Balog said at a Budapest press conference on Monday.

Prime Minister orders banning of racist conference

The Prime Minister, September 29, 2014 12:06 PM

On Sunday, Prime Minister Viktor Orbán instructed Minister of Interior Sánodr Pintér to use every legal means at his disposal to prevent an extremist and racist conference from taking place in Budapest between October 3 and 5.

Minister Balog hands over national minority scholarships

Ministry of Human Capacities, September 29, 2014 5:55 PM

Minister of Human Capacities Zoltán Balog handed over on Monday in Budapest the national minority scholarships for this academic year. Out of the 24 schools entitled to bid for the scholarships, students from twenty schools were awarded: ten of German, four of Roma, two of Croatian, two of Slovak, one of Romanian and one of Serbian nationality.

The Government is further enhancing the security of gas supplies

Ministry of National Development, September 26, 2014 3:02 PM

The Government is implementing further measures to accelerate preparations for the winter season to enhance the security of the Hungarian population’s gas supplies.

Employment at record high, unemployment at record low in Hungary

Ministry for National Economy, September 26, 2014 11:17 AM

According to the latest report by the Hungarian Central Statistical Office (KSH), the upward employment trend has been unbroken. In June-August 2014, the number of people in employment was 4 million 158 thousand, up by 177 thousand year-on-year. On the other hand, the number of jobless people dropped by 341 thousand, which constitutes an unemployment rate of 7.6 percent – the best figure since 2008.