Minister for National Economy Mihály Varga signed an agreement on 2013 wage guidelines with representatives of employees' organisations on Monday.
As the world’s largest democracy, India plays a crucial role in Hungary’s Asia policy, Minister of Foreign Affairs János Martonyi said in Budapest on 15 July 2013, after meeting Indian Minister of External Affairs Salman Khurshid.
The Ministry of Rural Development has inaugurated a new electric car charging station in Budapest. The new charging pylon, which contains two charging stations, is the tenth in the capital.
The handover of a HUF 664 million worth investment took place in Szolnok on 12 July 2013. SPECIMPEX Trading and Service Ltd. had been granted HUF 284 million worth EU support from New Széchenyi Plan funds to finance infrastructure development and asset acquisition investments.
Minister of State for Parliamentary Affairs of the Ministry of Rural Development Gyula Budai and his negotiating partner, State Secretary of the Serbian Ministry of Agriculture, Forestry and Water Management Danilo Golubovic agreed at their Sunday meeting in Gornji Breg (Felsőhegy), Vojvodina, to further increase cooperation in agriculture between Hungary and Serbia.
On 16 July, Indian Minister of External Affairs Salman Khurshid will address this year’s annual meeting of Hungary’s 107 foreign mission heads that begins on Monday.
The Hungarian Export-Import Bank (Eximbank) and Hungarian chemical giant Borsodchem have signed a 70 million euro loan agreement; the company will receive funds for export development, which will also make it possible for Hungarian small and medium-sized enterprises to play a greater role as the company's suppliers.
American manufacturer Jabil Circuit Hungary Ltd. has expanded its Szombathely factory unit with a new 8600 square metre production hall. At the inauguration ceremony, State Secretary for External Economic Relations and Foreign Affairs Péter Szijjártó declared that this latest development project is also proof of the confidence that American production capital has in Hungary.
Justice Minister of the Socialist Republic of Vietnam Ha Hung Cuong held bilateral talks with his Hungarian counterpart Tibor Navracsics.
State secretary for external economy Péter Szijjártó held talks with Hamdan Mohamed Al-Morshedi, chairman of the Arab Business Club.
Hungary will keep its budget deficit this year and next under 3% of economic output and will not need to introduce new taxes, Economy Minister Mihály Varga told press.
In March-May 2013, the number of people in employment, aged 15-74 years, increased to 3 million 910 thousand, which was 62 thousand more than the level recorded in March-May 2012. In the age group of 15-64 years, the number of those in employment was 3 million 878 thousand, which constitutes an increase of 66 thousand compared to the corresponding period of 2012. In this category, the employment rate edged up to 57.9 percent which is 1.2 percentage points higher in comparison to the figure of one year ago.
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.
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.
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.
Cultural representation has always been one of Hungary's strengths by which it is well recognised abroad, Foreign Minister János Martonyi said at an event organised by the cultural affairs centre Balassi Institute in Budapest on Thursday.
In an interview with French weekly news magazine L"Express, Prime Minister Viktor Orbán said that the current trend is bringing the European Union closer to an empire rather than to a union of nations, adding that it would seem the European elite still thinks we should develop towards a United States of Europe. He emphasised that he does not question the European treaties that Hungary has signed and pledged to comply with, however, the processes that follow on from the treaties must be a subject of debate.
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 salaries of 150,000 teachers will increase by 34 percent on average as of 1 September 2013, Minister of Human Resources Zoltán Balog announced.
State Secretary for Foreign Affairs and External Economic Relations Péter Szijjártó concluded several trade agreements with Prime Minister of Belarus Mikhail Myasnikovich in Minsk on Wednesday, thus laying the foundations for the further development of trade relations.