Ministry for National Economy
News
Photos - 6th Session of the Hungarian-Russian Working Group on Tourism
Ministry for National Economy, September 23, 2013 5:23 PM
Photos of 6th Session of the Hungarian-Russian Working Group on Tourism.
Tourism and Water: motto of this year’s World Tourism Day
Ministry for National Economy, September 23, 2013 3:28 PM
Tourism experts want to turn focus on the fact that one of the most important instruments and resources of tourism is water, Deputy CEO of Hungarian Tourism Ltd Gergely Horváth said at the press conference organized to commemorate the event. Gergely Horváth stressed that this is the third year that the World Tourism Day is celebrated in Hungary and this year’s motto also aims to raise awareness in environmental issues as the development of tourism has been an increasing burden on the environment.
Budget 2014: inflation projected at 2.4% and budget deficit at 2.9%
Ministry for National Economy, September 23, 2013 2:01 PM
The Ministry for National Economy drafted next year’s budget with a deficit of 2.9 percent and an inflation rate of 2.4 percent, Minister Mihály Varga stated on Sunday.
Technical intelligentsia will play a key role in the creation of a powerful Hungary
Ministry for National Economy, September 23, 2013 11:30 AM
In the opinion of the Minister for National Economy, Hungarian technical intelligentsia will be a determining factor in the building of a strong and successful Hungary with steadily expanding economy.
6th Session of the Hungarian-Russian Working Group on Tourism
Ministry for National Economy, September 20, 2013 11:04 AM
Presentations and photos.
The Government concluded a Strategic Partnership Agreement with Samsung
Ministry for National Economy, September 19, 2013 4:35 PM
A Strategic Partnership Agreement was signed today by Minister for National Economy Mihály Varga and President of Samsung Electronics Hungary Ltd Lee Kyu-Jin at the company’s Jászfényszaru headquarters. After the signing ceremony, the participants planted a tree as a symbol for the foundation-stone of the new Samsung production facility.
Government economic policy behind the intact upward trend in real wages
Ministry for National Economy, September 19, 2013 1:21 PM
In light of the latest statistics of the Hungarian Central Statistical Office (KSH), the positive trend of increasing real wages in place since the beginning of the year is continuing. In January-July 2013, average gross and net wages were up year-on-year by 3.2 percent and 4.6 percent, respectively, within the national economy. In this period, real wages increased by 2.2 percent parallel to an inflation rate of 2.3 percent, which development resulted from lower utility charges, lower taxes on wages and a minimum wage increase which exceeded the pace of inflation growth.
Economy Minister Mihály Varga: budget deficit to be below 3 percent this year and next
Ministry for National Economy, September 17, 2013 1:47 PM
The Ministry for National Economy calculated next year’s budget with an inflation rate of 2.8 percent, economic growth of 2 percent and government budget deficit of below 3 percent, Mihály Varga told InfoRádio on Monday evening. He emphasised that no large-scale modifications are to be expected within the taxation system next year.
Professional forum organized by the OECD and the Ministry for National Economy on the role of global value chains
Ministry for National Economy, September 13, 2013 12:17 PM
A the event held in Budapest and organized by Hungary’s Ministry for National Economy and the Organization for Economic Co-operation and Development (OECD), Minister of State for Economic Strategy Zoltán Cséfalvay emphasised in his speech that in today’s globalized world international value-chains are competing with each other, and the competition between countries is increasingly becoming a battle over how and at which section states can join the value chains created by enterprises.
Hungary’s industrial performance in European top league
Ministry for National Economy, September 13, 2013 12:12 PM
In July 2013, industrial output gained 4.8 percent in comparison to the corresponding period of 2012. This figure places Hungary as the fifth best on the growth ranking of the EU 28. The success of the Hungarian economy depends largely on the success of the productive sector, and that is why the Government of Hungary has been pursuing a proactive industrial policy ever since it took office. The Government measures aimed at boosting competitiveness, investment and industrial production have contributed to the excellent data in July, through which Hungary belongs to the top performers within the European Union.