Ministry for National Economy

Mihály Varga

Minister for National Economy

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The Government is doing everything in its power to make going into business worthwhile

Ministry for National Economy, July 11, 2013 4:27 PM

The Government is doing everything in its power to make going into business worthwhile, and new opportunities will be provided within all instruments and resources between 2014 and 2020, announced the Ministry of National Economy's Parliamentary Minister of State for Economic Strategy in Budapest on Thursday.

Czomba: Job creation funding for SMEs also contributes to retaining workplaces

Ministry for National Economy, July 11, 2013 2:22 PM

The Ministry of National Economy's micro, small and medium-sized enterprises (SMEs) funding tender for job creation development projects contributes not only to the creation of 6500 new jobs, but also to the retention of 13 thousand existing workplaces, Sándor Czomba said on Thursday in Pécs.

Tourism performs excellently: double figure increase in guest turnover in May

Ministry for National Economy, July 11, 2013 1:38 PM

In May, the number of guests received by commercial accommodation services and the number of guest nights increased by 15.2% and 13.7%, respectively, compared to the same month in the previous year, according to the latest data published today by the Central Statistical Office (KSH). Not only have the number of foreign guests increased significantly for the first time in a long while, but there was also a marked increase in domestic turnover.

The Government has concluded a Strategic Cooperation Agreement with Ericsson

Ministry for National Economy, July 10, 2013 5:13 PM

Minister for National Economy Mihály Varga and Ericsson's Head of Customer Unit Central Europe Thomas Jul signed a Strategic Cooperation Agreement on Wednesday in Budapest at Ericsson Hungary's Research and Development Centre.

The European Commission approving the first draft of Hungary’s Partnership Agreement

Ministry for National Economy, July 9, 2013 4:57 PM

The European Commission has approved the first draft of Hungary's Partnership Agreement on planning development resources for the 2014-20 European Union budgetary period, the state secretary in charge of economic strategy said on Tuesday.

State of the central sub sector of the state budget in June

Ministry for National Economy, July 8, 2013 4:26 PM

In the month of June 2013, the central sub sector of the state budget registered a monthly deficit of 162.3bn HUF. Within that, the central state budget posted a deficit of 186.4bn HUF, while Extra Budgetary State Funds and Social Security Funds registered surpluses of 9.4bn HUF and 14.7bn HUF, respectively.

Support for small and medium-sized entreprises is a priority for the Government

Ministry for National Economy, July 8, 2013 1:08 PM

The Government will treat support for small and medium-sized companies (SME) as a priority this year, Economy Minister Mihály Varga told a business forum today.

Hungarian winners of the European Enterprise Promotion Awards honoured

Ministry for National Economy, July 4, 2013 2:36 PM

The awards were presented to the winners of the Hungarian round of the European Enterprise Promotion Awards competition by Minister for National Economy Mihály Varga.

Retail trade volume up by 2.5 percent in May

Ministry for National Economy, July 4, 2013 11:27 AM

According to the flash report of the Hungarian Central Statistical Office (KSH), the volume of retail sales increased for the second month in a row: after growth of 3.4 percent was recorded in April, sales were 2.5 percent higher in May, in comparison to the same period of the previous year. In view of preliminary data, the turnover of stores that sell food, beverages and tobacco products was up by 0.9 percent year-on-year.

Economic cooperation between Hungary and Slovakia

Ministry for National Economy, July 2, 2013 4:17 PM

Minister for National Economy Mihály Varga earlier today received Slovakia’s Minister of Economy Tomás Malatinsky within the framework of the Hungarian-Slovakian Government Summit. At the event, the two sides held negotiations about enhancing mutual cooperation and extending the scope of Hungarian-Slovakian economic partnerships.