Sustained economic growth requires ambitious enterprises that take a positive view on the future, Minister for National Economy (NGM) Mihály Varga stated at the ceremony for presenting the February Awards for Successful Enterprises in Budapest.
Tourism coordinators of 16 Central and Eastern European countries, representatives of related ministries and 127 tour operators with Chinese tourism ties are meeting in person for the first time at the China-CEE Tourism Cooperation Conference organized on 25th-27th March in Budapest. At the event, the launching of a new Beijing-Budapest flight was also announced.
The number of people in employment continued to rise, according to the latest report of the Hungarian Central Statistical Office (KSH). In December 2014-February 2015, the number of those in employment aged 15-74 years increased year-on-year by 111 thousand, to 4 million 124 thousand. Thus, the number of people with a job has been above the 4 million mark for more than one year and unemployment also fell in the observed period.
Deputy State Secretary for Taxation and Accounting Zoltán Pankucsi asked for zero tolerance at the plenary session of the European Audit Inspection Group (EAIG) held in Budapest. He stressed that the supervisory authorities of the twenty-eight EU member states must take a firm stance against negligent auditors or those involved in fraud.
Minister for National Economy Mihály Varga said that cutting government debt and improving employment are the two main objectives of Hungarian economic policy.
The assets of Erste Bank customers are in perfect safety, the financial position of Erste Group is stable and rumours of difficulties at the bank are absolutely unsubstantiated, Minister of State for Taxation and Public Finances Gábor Orbán told public-service news channel M1.
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.
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.
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.