In Q1 2012 the volume of exports increased by 1.6 percent and imports grew slightly less, by 0.9 percent, in comparison to the same period of the previous year. Foreign trade balance registered a surplus of 513bn HUF in the initial three months – according to the flash report of the Hungarian Central Statistical Office (KSH) published earlier this morning.
Several favourable economic trends have recently developed in Hungary. Some of them can be identified by the data published by the Hungarian Central Statistical Office (KSH) and others are manifested in various international comparative studies. The below list presents some of these tendencies: it includes an indicator based on comprehensive economic aggregates (such as the Human Development Index), but it also analyzes an economic sector (i.e. tourism), as well as a soft, non-quantitative factor such as the situation of mothers in a various society. The presentation of favourable trends will be resumed in the Outlook of next week.
Together with the Bundeswehr Medical Service, the NATO Centre of Excellence for Military Medicine (MILMED COE) organized the pilot of the NATO Patient Evacuation Coordination Cell (PECC) Course on 14-18 May 2012 in the Gäubodenkaserne, Feldkirchen, Germany.
The first Annual Stakeholder Seminar of the EUSDR (EU Strategy for the Danube Region) Energy Priority Area, coordinated by Hungary and the Czech Republic, took place at the Ministry of Foreign Affairs of Hungary on May 31, 2012.
Investments in manufacturing were unchanged in the first quarter in comparison to the same period of the previous year after the outstanding increase of the year 2011, but in certain significant sub sectors there was substantial growth – according to the communication of the Central Statistics Office of Hungary (KSH) published earlier this morning.
"The European Union's new Common Agricultural Policy (CAP) will continue to favour crop production", announced the State Secretary for Agricultural Economy of the Ministry of Rural Development in Debrecen.
"Hungary expects tangible results from the Rio conference. In addition to more decisions on the launching of new processes, concrete goals and tasks with specific timeframes should be determined.", said Sándor Fazekas in Budapest at the last stop of the Central European Dialogue consultation series, during which Central European delegation have been discussing the most important issues of the upcoming Rio+20 Conference on Sustainable Development.
"The future development of agricultural and food industry cooperatives is especially important for Hungary because the country possesses extensive farmland areas of excellent quality, where production can look back on a thousand years of traditions.", said Endre Kardeván in his speech at the event held at the Rome headquarters of the FAO marking the International Year of Cooperatives.
The European Commission has adopted the 222-item list that gathers together those health-related informative statements that may be found on food packaging. In future, manufacturers may only include scientifically substantiated definitions and claims on food products.
On Tuesday, President of the Republic János Áder appointed a new minister and state secretaries effective as of 2 June.