The Government intends to establish a business and regulatory environment which is capable of combating activities by illegal car mechanics, Minister of State for Employment Policy Sándor Czomba said at the ceremony to mark the conclusion of an agreement between the Ministry for National Economy and the Hungarian Association of Automobile Dealers (GÉMOSZ).
In the fourth month of 2013, exports and imports jumped by 13.7 percent and 10.5 percent, respectively, compared to the level of April last year. As a consequence, the volume of total foreign trade increased by 3 percent in the initial four months of the year – says the latest flash report of the Hungarian Central Statistical Office (KSH) published earlier today.
The European Commission notified Hungary already in December 2011 within an EU Pilot procedure which warns that the Government Decree stipulating that the monthly income of applicants of foreign currency loans shall exceed a sum equivalent of 15 times the amount of official minimum wage, and the income shall be received in the same currency in which the loan is denominated violates EU law.
According to the latest flash report of the Hungarian Central Statistical Office (KSH), the total number of people in employment continued to increase in comparison to the corresponding period of the previous year.
Hungary has already achieved compliance with two out of the three euro zone accession requirements: those on inflation and the government fiscal deficit, Minister for National Economy Mihály Varga said at the general assembly of the Hungarian Association of International Enterprises.
The Hungarian Government considers it a key task to help young people obtain skills sought-after on the labour market as well as work experience and jobs after they have completed their studies, Minister of State for Employment Sándor Czomba said at a press conference held in Rakamaz, at the Hegyalja Festival.
Photos taken on the VIII Meeting of the Hungarian-Croatian Tourism Working Group of the Joint Committee on economic co-operation between the Republic of Croatia and Hungary
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It has been one of the objectives of Hungary’s economic policy to move towards high added value production within which the strengthening of research, development and innovation are to play a key role, Minister of State for Economic Strategy Zoltán Cséfalvay said at a speech he gave in the Center for International Private Enterprise (CIPE) in Washington.