Ministry for National Economy
News
Social consultations launched for the INTERREG EUROPE programme
Ministry for National Economy, January 16, 2014 10:45 AM
Social consultations have been launched for discussing the INTERREG EUROPE programme, one of the inter-regional partnership programmes for the period 2014-2020.
Record low inflation in December
Ministry for National Economy, January 16, 2014 10:07 AM
Consumer prices were on average 0.4 percent higher in December year-on-year, while for the entire year of 2013 the inflation rate was 1.7 percent. In the last month of the previous year, consumer prices continued to decrease: the Hungarian Central Statistical Office (KSH) even published data over the past half a year indicating that inflation hit new record lows month after month. The prices of goods which the inflation basket for pensioners contains also declined, which is an unprecedented phenomenon hitherto.
Hungary’s industrial output increases steadily
Ministry for National Economy, January 14, 2014 2:11 PM
The stable upward trend of Hungarian industrial output growth continued in November 2013. Industrial output was up by 3.5 percent in comparison to the corresponding period of 2012, and workday-adjusted data show an even more significant growth of 5.8 percent.
Castle of Eger development project launched
Ministry for National Economy, January 14, 2014 10:31 AM
A development project valued at HUF 2bn for the renovation of the castle of Eger has begun, Deputy State Secretary for Tourism Viktória Horváth said on visiting the sites of the multifaceted programme.
A new era begins for consumer protection
Ministry for National Economy, January 13, 2014 4:37 PM
Over the past four years, consumer protection has undergone a profound change. One of the proofs confirming this is the fact that the protection of consumer rights has been incorporated into the basic law of Hungary, Minister of State for Economic Regulation Kristóf Szatmáry said at a press conference in Budapest.
Settlements in Komárom-Esztergom County to be Relieved of HUF 20 billion debts this year
Ministry for National Economy, January 9, 2014 4:58 PM
After the consolidation of over one billion forints implemented last year, the Government is to settle the remaining debts of Oroszlány, amounting to ca. 900 million forints, Minister of National Development Zsuzsa Németh announced in Oroszlány on 9 January, 2014.
A new period of growth to begin this year
Ministry for National Economy, January 9, 2014 2:31 PM
In the opinion of the Minister for National Economy Mihály Varga, an expansionary period is taking shape within the Hungarian economy and during this time the Government counts on enterprises which are capable of underpinning growth.
The below 3 percent deficit target for 2013 to be achieved
Ministry for National Economy, January 8, 2014 4:00 PM
The central sub sector of the state budget posted a preliminary deficit of HUF 929.2bn for the year 2013. At the end of December, cash-flow data of the central sub sector of the budget turned out to be even more favourable than the Government’s expectations. Preliminary cash-flow figures for revenues and expenditures of the year 2013 confirm that the below 3 percent deficit target calculated in accordance with EU methodology will be met.
Stimulating growth to replace consolidation policy
Ministry for National Economy, January 7, 2014 2:23 PM
The recently completed taking over of the debt of local governments marks a shift from a period of consolidation to that of stimulating growth, Minister for National Economy Mihály Varga said at a press conference in Kecskemét.
Mihály Varga received the former Prime Minister of Saxony Georg Milbradt
Ministry for National Economy, January 7, 2014 11:01 AM
Minister for National Economy Mihály Varga and former Prime Minister and Finance Minister of Saxony discussed the stance of Germany and Hungary regarding the EU’s economic policy. The German professor was also received by Prime Minister Viktor Orbán.