This year was the year of trend reversal for the Hungarian economy: while at the beginning of the year the economy was still mired in recession, the third quarter brought growth above prior expectations and this gives reason to be optimistic with regard to 2014, Minister for National Economy Mihály Varga said in a speech marking the year-end session of Hungary’s Joint Venture Association held at the KOGART House.
In 2014-2020, 10 percent or some HUF 700bn of EU funding will be directly devoted to research and development, Minister of State Zoltán Cséfalvay said at the innovation conference of the Hungarian Chamber of Commerce and Industry in Budapest.
Csaba Böjte Franciscan monk and his mother, Julianna Böjte, took their oath in the presence of Prime Minister Viktor Orbán, Speaker of Parliament László Kövér and Deputy Prime Minister in charge of Hungarian communities abroad Zsolt Semjén on Thursday in the Parliament.
Minister of National Development Zsuzsa Németh enlarged upon the government’s plans and achievements with reference to the future of mining at the central celebration of the Feast of Saint Barbara organised by the Hungarian Mining Association, the Trade Union of Mining, Energy and Industry Workers (BDSZ), the Hungarian Mining and Metallurgical Society (OMBKE) and the Ministry in Budapest on 4 December, 2013.
The joint economic committee of Hungary and Macedonia met in Skopje on Wednesday. State Secretary for Foreign Affairs and External Economic Relations Péter Szijjártó, co-chair of the committee, met Macedonian economy minister Valon Saracini on the sidelines of the meeting.
In the third quarter of 2013, according to unadjusted data Hungary’s year-on-year GDP growth was 1.8 percent, higher than the preliminary figure, while GDP was up by 1.6 percent on the basis of data adjusted for seasonal and calendar effects. Quarter-on-quarter, GDP increased by 0.9 percent. Thanks to the Government’s economic policy, the Hungarian economy has entered a steady growth path.
The court rulings in the ongoing trials involving the Négy Mancs (Four Paws) organisation, which falsely claimed to be an animal charity, are expected next spring, the Ministry of Rural Development's Parliamentary State Secretary Gyula Budai told MTI.