Ministry for National Economy
News
Minimum wage increase the largest in Hungary, according to OECD
Ministry for National Economy, November 5, 2013 5:07 PM
Minister of State for Employment Sándor Czomba stated that in 2010-2013 Hungarian gross minimum wage increased to the largest extent, by 9.89%, among the 34 member countries of the Organization for Economic Co-operation and Development (OECD).
Government endorses Fidesz faction’s foreign currency debtor relief package
Ministry for National Economy, November 5, 2013 2:21 PM
The Government stands behind the Fidesz proposal to extend the exchange rate barrier scheme, however, consultations at the Ministry for National Economy will continue, Minister for National Economy Mihály Varga said.
Mihály Varga met with the President of the European Economic and Social Committee
Ministry for National Economy, November 4, 2013 3:15 PM
At talks with Hungary’s Minister for National Economy, European Economic and Social Committee President Henri Malosse expressed satisfaction with regard to results that Hungary has achieved in the field of employment, as the employment rate has recently hit a two-decade high.
Legal issues concerning foreign exchange loans must be settled first
Ministry for National Economy, October 31, 2013 4:31 PM
The legal issues concerning foreign exchange loans must be clarified first and an economic solution can follow, Minister for National Economy Mihály Varga said.
Hungary’s foreign trade surplus continues to increase
Ministry for National Economy, October 31, 2013 10:51 AM
According to the latest data, in August 2013 the volume of exports and imports were up by 1.4 percent and 0.4 percent, respectively, in comparison to the corresponding period of the previous year.
Employment hit a new high as wages continue to grow
Ministry for National Economy, October 30, 2013 4:59 PM
In Hungary, the number of people in employment continued to rise, as 54 thousand more people were in employment in July-September 2013 compared to the corresponding period of the previous year, the Hungarian Central Statistical Office (KSH) announced in a flash report.
Mihály Varga: The tax bill has four key objectives
Ministry for National Economy, October 30, 2013 2:57 PM
Before drafting the tax bill the Government had identified four main goals: easing the financial burden of families, improving business environment, cutting red tape and improving economic transparency, the Minister for National Economy announced at a press conference held in the Parliament.
Mihály Varga held talks with the Deputy Chairman of the Russian State Duma
Ministry for National Economy, October 30, 2013 2:43 PM
In Hungary’s Ministry for National Economy, Minister for National Economy Mihály Varga and Duma Deputy Chairman Sergey Zhelezniak discussed economic relations between the two countries, placing special emphasis on partnership options in the field of science and technology.
Italian production site for water pumps opened in Nagykanizsa
Ministry for National Economy, October 30, 2013 2:16 PM
The production facility for producing water pumps of the Italy-based DAB Production Hungary Ltd was ceremonially opened in Nagykanizsa.
Number of people in employment hit a new high
Ministry for National Economy, October 29, 2013 10:54 AM
In Hungary, the number of people in employment continued to rise, as 54 thousand more people were in employment in July-September 2013 compared to the corresponding period of the previous year, the Hungarian Central Statistical Office (KSH) announced in a flash report. The total number of people in employment thus reached a historic peak of 3 million 990 thousand.