Ministry for National Economy
News
Foreign trade surplus at a two-and-a-half year high
Ministry for National Economy, December 3, 2013 3:34 PM
In September 2013, Hungary’s foreign trade turnover continued to gain momentum: exports and imports soared by 12.7 percent and 11.7 percent, respectively, in comparison to the corresponding period of the previous year.
The latest additions to the Government’s family support policy
Ministry for National Economy, December 3, 2013 8:25 AM
It is the Government’s priority to support families. To this end, new measures have been introduced in the past month, which aim to support families with children. With these steps, the Government aims to encourage Hungarians to have more children and mothers to have more children within a shorter period of time.
The new baby bond is another helpful instrument for those who raise children
Ministry for National Economy, December 2, 2013 3:17 PM
The renewed Baby bond, which can be purchased as of today, is another financial tool for assisting parents in bringing up their children, Minister for National Economy Mihály Varga said.
A period of development expected for Hungary
Ministry for National Economy, December 2, 2013 1:15 PM
The coming period is a period of development, as the Government plans to allocate some 10 percent – about HUF 700bn -- of EU funding within the 2014-2020 fiscal period to research and development, Minister of State for Parliament Zoltán Cséfalvay said at a business lunch where representatives of the Swiss-Hungarian Chamber of Commerce, the Hungarian-French Chamber of Commerce and Industry, Italy’s Chamber of Commerce in Hungary and the British Chamber of Commerce in Hungary participated.
The number of women in employment increased further this year
Ministry for National Economy, December 2, 2013 9:26 AM
According to Ministerial Commissioner Piroska Szalai, who is responsible for improving the employment prospects of women, the number of women in employment will increase this year.
Investment increase breaks record of almost 10 years
Ministry for National Economy, November 29, 2013 10:39 AM
In the third quarter of this year, the volume of investment increased by 9.8 percent, a figure unseen since 2004. The fact that the majority of sectors within the national economy contributed to this growth signals steady and sound future expansion for the Hungarian economy.
Mihály Varga: Hungary’s economy is strengthening
Ministry for National Economy, November 29, 2013 9:59 AM
The Government has concluded a Strategic Partnership Agreement with the Switzerland-based Phoenix Mecano Ltd, a producer of machinery and industrial electronic systems and components. At the signing ceremony held at the company’s Hungarian headquarters in Kecskemét, Minister for National Economy Mihály Varga said that processes currently arising in Hungary signal that the economy has been gaining speed.
Job prospects better for young people with work experience
Ministry for National Economy, November 28, 2013 2:55 PM
At a conference organized for representing a project on studying youth unemployment which was completed by the Office for the Commissioner for Fundamental Rights, the Commissioner László Székely said that the proportion of unemployed young people in Europe has been increasing at an alarming speed.
South Korean companies are planning further investment projects in Hungary
Ministry for National Economy, November 28, 2013 1:36 PM
Korean companies have been satisfied with existing Hungarian investment projects and they are planning some new ones, as meetings held in Seoul by Minister for National Economy Mihály Varga and Korean economic stakeholders revealed.
General government deficit to stay below 3 percent next year
Ministry for National Economy, November 28, 2013 10:25 AM
On 26 November 2013, the National Assembly adopted the key figures of the budget with total revenues of HUF 15 983.7bn and expenditures of HUF 16 968.3bn.