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The Government has raised this year’s GDP projection to 3.1 per cent

The Government has raised this year’s economic growth projection from 2.5 per cent to date to 3.1 per cent, State Secretary for Budgetary Affairs of the Ministry for National Economy announced.

The success of Pécs is a matter of honour

“Turning Pécs into a successful city is a matter of honour for the Government” - Prime Minister Viktor Orbán announced at a press conference on Tuesday.

Hungary to host EuroSkills competition in 2018

At the opening ceremony of the Profession Star Festival, Prime Minister Viktor Orbán announced that in 2018 Hungary will host the EuroSkills competition.

Adopting the Fundamental Law was a historic undertaking

Enacting the Fundamental Law had been a historic undertaking and a necessity, Prime Minister Viktor Orbán declared at the conference entitled “Dialogue and Identity”.

Leading news

Minister Varga at SwissCham Hungary

Ministry for National Economy, May 6, 2015 11:03 AM

Hungary’s economic outlook for 2015 has improved substantially: the economy is expected to grow this year by more than 3 percent and as a consequence the Government has revised its growth prognosis for the current year from 2.5 percent to 3.1 percent, Minister for National Economy Mihály Varga stated at the general meeting of SwissCham Hungary.

The Hungarian contingent will start to take up position in Erbil by the end of May

Ministry of Foreign Affairs and Trade, May 5, 2015 6:49 PM

In an interview after his negotiations in Baghdad on Monday, Minister of Foreign Affairs and Trade Péter Szijjártó said that the command officers of the Hungarian contingent will arrive in Erbil by the end of May, and that the rest of the active contingent will be in Iraq to fight Islamic State by the end of August.

Hungary is still a Europe-friendly country

Prime Minister’s Office, May 5, 2015 6:43 PM

At a podium discussion in Berlin organised as part of Europe Week, Deputy State Secretary for EU Affairs at the Prime Minister’s Office Vince Szalay-Bobrovinczky said that Hungary is still a Europe-friendly country, despite the debates of recent years.

Hungarian enterprises must be prepared for the period after the Russian embargo

Ministry of Foreign Affairs and Trade, May 5, 2015 6:47 PM

At the Hungarian-Russian economic forum of the Hungarian Chamber of Commerce and Industry (HCCI), the Parliamentary State Secretary of Foreign Affairs and Trade said that the Russian market is very important for Hungary, therefore Hungarian enterprises must be ready for the opportunities after the end of the Russian embargo.

European Commission more upbeat on Hungary’s economic outlook

Ministry for National Economy, May 5, 2015 4:39 PM

In the European Commission’s Spring 2015 Economic Forecast, Hungary’s economic outlook has been revised upward. Still, the effects of measures presented in the Convergence Programme, such as next year’s tax reductions that are expected to stimulate consumption, could not be factored into the report. Besides that, the Commission’s macro-economic and fiscal projections are basically in line with the expectations of the Government of Hungary.

Five CEE countries propose common strategy against VAT fraud

Ministry for National Economy, May 5, 2015 10:51 AM

Five countries from Central and Eastern Europe are urging joint action, such as the extension of the reverse-charge VAT mechanism, Minister for National Economy Mihály Varga told MTI in a telephone interview from Vienna, where the Czech, Slovak, Austrian and Bulgarian finance ministers held a conference on combating VAT fraud.

Civic consolidation is ongoing

The Prime Minister, May 4, 2015 8:13 PM

In an interview with TV channel Echo TV on Friday, Prime Minister Viktor Orbán said that we are living through a period of civic consolidation. He also pointed out that there is some “disorientation” on the political right.

Most dangerous substances to be removed by the end of May

Government, May 4, 2015 8:24 PM

Government Commissioner for Pest Country Richárd Tarnai has announced that by the end of May 991 barrels containing the most dangerous substances will have to be removed from the Budapest Chemical Works Illatos út plant.

China and the Asian countries are the future

Ministry of Foreign Affairs and Trade, May 4, 2015 8:22 PM

At a press conference in Budapest, Parliamentary State Secretary László Szabó stated that: “Nowadays a new international order is taking shape, in which China and the Asian countries are the future”.