Ministry for National Economy
News
Informal discussions with Dunaferr
Ministry for National Economy, August 29, 2013 5:20 PM
The Government has asked the management of Dunaferr not to lay off any workers while negotiations are in progress, Minister of State for Employment Sándor Czomba announced on Thursday following talks with the company's directors. Management said they would consider the request, he added.
Economic achievements must be honoured
Ministry for National Economy, August 29, 2013 3:58 PM
Economic achievements need to be acknowledged and enterprises must be encouraged to continue their activities in Hungary, Minister for National Economy Mihály Varga said at the presentation ceremony of the “Award for Successful Enterprises” in Budapest.
Financial stability and reforms are both essential for overcoming the crisis
Ministry for National Economy, August 29, 2013 3:01 PM
According to Minister of State for Economic Strategy Zoltán Cséfalvay, reforms and concurrent financial stability are the key for finding a real solution to the global economic crisis which has been ongoing for five years.
Ongoing negotiations on EU development funds for 2014-2020
Ministry for National Economy, August 29, 2013 12:03 PM
Wednesday's session of the National Economic and Social Council focused on the planning and utilisation of European Union funds made available for Hungary in 2014-2020.
Mihály Varga: The Banking Association's proposal may serve as a basis for negotiations
Ministry for National Economy, August 28, 2013 12:20 PM
According to the Minister for National Economy, the proposal of the Hungarian Banking Association may provide a starting point at negotiations over the relief scheme for foreign currency debt holders. Mihály Varga disclosed details on public service TV channel M1's Híradó (News).
Agriculture and industry may be the engines of economic growth
Ministry for National Economy, August 28, 2013 12:12 PM
Very few countries would be capable of “freeing themselves” from IMF assistance on their own as Hungary did, without taking out another loan, Mihály Varga said in Szentendre. The Minister added that in the coming years agriculture, manufacturing and industry are expected to become the key sectors of the economy.
Sándor Czomba appointed as negotiator with Dunaferr
Ministry for National Economy, August 28, 2013 9:34 AM
Minister for National Economy Mihály Varga appointed Minister of State for Employment Dr Sándor Czomba as the Government’s mediator for liaising with the ISD Dunaferr Ltd.
Continued Improvement in Employment Trends
Ministry for National Economy, August 27, 2013 12:05 PM
In the second half of 2010, the downward employment trend was reversed and since then the number of people in employment has been steadily on the rise on a year-on-year basis. The latest statistics also underpin this positive tendency. The latest flash report from the Hungarian Central Statistical Office (KSH) reveals that in the period May-July 2013 the number of people aged 15-74 years in employment was up by 56 thousand, to 3 million 964 thousand compared to the same period of 2012, which constitutes an increase of 1.4 percent year-on-year. Thus the employment rate edged up to 51.9 percent, the best figure since 1998. The number of economically active people has also risen to a peak of 4 million 409 thousand, a level also last seen in 1998.
Negotiations with Dunaferr to begin next week
Ministry for National Economy, August 26, 2013 11:33 AM
As Dunaferr has welcomed the Government initiative on commencing negotiations, talks are to begin next week, Minister for National Economy Mihály Varga told Lánchíd Radio at the Tranzit Festival in Kőszeg.
Government offers assistance to dismissed Sanyo employees
Ministry for National Economy, August 21, 2013 5:09 PM
The government has earmarked 85 million forints (EUR 284,000) to help the workers dismissed by Sanyo’s plant in Dorog to find new jobs.