Ministry for National Economy
News
57 thousand people are already participating in Start work schemes
Ministry for National Economy, May 13, 2013 12:49 PM
Currently, there are 135 thousand people in public work schemes, and 57 thousand of them are employed within the Start model programme, Minister of State for Employment at the Ministry for National Economy said in Monostorpályi on Friday.
Fiscal measures available to ensure lifting of excessive deficit procedure
Ministry for National Economy, May 10, 2013 2:47 PM
During recent years, Hungary has moved from being one of the worst performing European countries to become one of the frontrunners of the EU, a result of the Government’s consistent economic policy, Government Spokesperson András Giró-Szász stated at a joint press conference on Friday. He emphasised that the Hungarian Government is convinced that the measures requested by the European Commission are unnecessary, as budget targets will be met without difficulty.
Foundation stone laid for new Eagle Ottawa development
Ministry for National Economy, May 8, 2013 12:09 PM
The new production facility of the car industry supplier – an automotive leather manufacturer -- with its headquarters in the United States will increase the output capacity of the company’s Hungarian subsidiary by 55 percent and add 200 new jobs.
Hungarian innovation policy implements comprehensive reform measures
Ministry for National Economy, May 8, 2013 12:07 PM
Minister of State for Economic Strategy Zoltán Cséfalvay emphasized at the press conference held in Budapest prior to the seminar on the innovation strategies of Hungary and Sweden that Hungary has recently carried out several profound changes with regard to its innovation policy. The event were organised within the framework of the Swedish-Hungarian Innovation Days 2013 series.
Minister Varga: deficit will remain below 3% in coming years
Ministry for National Economy, May 3, 2013 2:31 PM
According to Minister for National Economy Mihály Varga, the European Commission mistakenly forecasts the general government budget deficit-to-GDP ratio to be 3% in 2013 and above 3% in 2014, but in spite of this, the Minister believes that Hungary “stands a fairly good chance” of exiting the EU’s Excessive Deficit Procedure in June.
Strategic Partnership Agreement signed with Teva
Ministry for National Economy, May 2, 2013 5:09 PM
The Hungarian Government signed a Strategic Partnership Agreement with Israeli pharmaceutical company Teva on Thursday in Budapest. The agreement was signed by Minister of National Economy Mihály Varga and CEO of Teva Hungary László Szabó.
New Doherty plant opened in Orosháza
Ministry for National Economy, April 29, 2013 1:18 PM
Doherty Hungary held the opening ceremony for its new, 2000sqm production facility in Orosháza with the participation of Minister of State for Economic Regulation Kristóf Szatmáry.
Strategic Partnership Agreement concluded with Waberer’s International
Ministry for National Economy, April 26, 2013 2:25 PM
The document was signed by Minister for National Economy Mihály Varga and Waberer’s President-CEO György Wáberer on Friday in Budapest.
Employment improved again in the first quarter of 2013
Ministry for National Economy, April 26, 2013 10:29 AM
According to a report by the Hungarian Central Statistical Office (KSH) published this morning, the total number of those in employment increased further in comparison to the corresponding period of the previous year. The number of people in employment aged 15-74 years increased to 3 million 818 thousand and thus their employment rate edged up to 50 percent. In the period January-March 2013, the number of people in employment in the 15-64 year age group was also up from 3 million 756 thousand one year ago to 3 million 787 thousand, an increase of 31 thousand.
Eurostat deficit data beats expectations
Ministry for National Economy, April 22, 2013 5:49 PM
The Hungarian general government deficit figure of 1.9% reported by Eurostat is even more favourable than the formerly announced 2.1%.