Ministry for National Economy

Mihály Varga

Minister for National Economy

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Ministerial Commissioner and Minister of State met with businesswomen

Ministry for National Economy, March 19, 2014 9:23 AM

Ministerial Commissioner Piroska Szalai, responsible for the improvement of women’s job prospects, and Minister of State for Economic Regulation Kristóf Szatmáry consulted with businesswomen at an event organized by the Directorate for Social Relationships of Fidesz Hungarian Civic Union to promote cooperation and the discussion of issues of public interest between businesswomen, special interest groups and the Government.

New contracts signed under the Women 40+ Programme

Ministry for National Economy, March 18, 2014 2:01 PM

Three new contracts were signed as part of the Women 40+ Programme, a scheme which assists women to gain the forty years of service required for retirement, Minister of State for Employment Sándor Czomba said at a press conference in Budapest.

Paks power station: instalments to be paid only after tranches are drawn

Ministry for National Economy, March 17, 2014 3:14 PM

Hungary is obliged to start repaying interest incurred on the loan offered by Russia for the expansion of the Paks nuclear power plant only after the country has taken out an amount and for only the amount actually used, Minister of State Gábor Orbán said, adding that the financing terms for the loan facility agreement concluded with the Russian partner are very favourable for Hungary.

More and more new private sector jobs created

Ministry for National Economy, March 17, 2014 11:43 AM

In light of data from the end of February, the number of newly registered, unsubsidized jobs in the private sector increased by 70 percent month-on-month and it was up by some 50 percent year-on-year.

Ministry for National Economy to prepare a programme for promoting electric cars

Ministry for National Economy, March 14, 2014 11:39 AM

The Ministry for National Economy (NGM) plans to increase the number of electric cars in Hungary through tax incentives and support. The package of measures, bearing the name of the world-famous inventor-engineer Ányos Jedlik, is currently being prepared at the Ministry, Minister for National Economy Mihály Varga said at a press conference in Budapest.

Registration for Diploma Rescue Programme begins

Ministry for National Economy, March 13, 2014 2:26 PM

Applicants of the Government-initiated Diploma Rescue Programme can register themselves as of this this week at the official website of OFA (National Employment Public Nonprofit Ltd), and English, German and French language courses are scheduled to be launched as early as the end of April, Minister of State for Employment Sándor Czomba said at a press conference jointly organized by the Ministry for National Economy and OFA.

Visegrád Four hold business management conference in Budapest

Ministry for National Economy, March 12, 2014 4:54 PM

A conference on business management organised by the Visegrád Four grouping was held in Budapest on Wednesday.

Hungary’s industrial output growth expected to continue this year

Ministry for National Economy, March 12, 2014 10:12 AM

Industrial output growth that has been lately observed in Hungary appears to continue in 2014: in January, industrial output increased by 6.1 percent year-on-year, while the sector expanded by 3.1 percent month-on-month. The favourable performance has continued to be mainly driven by the vehicle manufacturing sector, but related supplier divisions also meaningfully contributed to the result.

EU calls for tenders to be announced in autumn

Ministry for National Economy, March 11, 2014 2:52 PM

Hungary submitted a Partnership Agreement providing the framework for the utilization of EU resources in 2014-2020 to the European Commission, and calls for tenders are expected to be published as of this autumn, Minister of State Zoltán Cséfalvay said at a press conference.

Hungarian exports expected to increase by 2-2.4 percent this year

Ministry for National Economy, March 10, 2014 3:58 PM

Minister for National Economy Mihály Varga said a press conference in Budapest that Hungary’s foreign trade surplus is estimated to total EUR 7bn and exports to gain 2-2.4 percent this year.