The investment project of British American Tobacco (BAT) proves that Government measures aiming to protect non-smokers and hinder the access of youth to tobacco products did not weaken market competition. The group’s project is a sign of trust in the Hungarian labour force and the Government, Minister for National Economy Mihály Varga said at the opening ceremony of the new production site of Pécsi Dohánygyár Kft.
According to the latest data from the month of July, Hungarian industrial output increased by 12.3 percent year-on-year and thus Hungary’s economy is one of the fastest growing in Europe, Minister of State for Economic Regulation Béla Glattfelder said at the inauguration ceremony of the new site of ZF Lenksysteme manufacturing electronic steering gears in Maklár. The facility was completed as the result of a EUR 150 million investment project, where state-of-the-art, material- and energy efficient electronic steering gears will be produced.
Minister of Foreign Affairs and Trade Tibor Navracsics has told German daily Die Welt that European Union sanctions will only make Russia turn away from Europe and this will weaken Europe.
The conversion of forex loans into forint denominated ones shall start in spring next year, after the parliament has adopted related regulations, Minister for National Economy Mihály Varga said at the 52nd Congress of the Hungarian Economic Association in Nyíregyháza.
A Jewish Memorial was unveiled in Makó on Thursday to mark the seventieth anniversary of the Holocaust and the one-hundredth anniversary of the construction of the town’s Reformed Synagogue. „The Hungarian Holocaust is party fratricide: it was perpetrated against Hungarians and Hungarians took part in committing it”, Minister in Charge of the Prime Minister’s Office János Lázár and the region’s Member of Parliament said at the inauguration ceremony.
Contrary to the assertions of a Canadian paper “The Ottawa Citizen”, Hungary has always fulfilled its obligations to foot the bill for training its pilots, in line with the current training requirements. The Ministry of Defence has not asked the Canadian Department of National Defence (DND) to cover the training cost of Hungarian pilots.
Europe cannot be competitive unless the status of work is restored, State Secretary of the Hungarian Ministry of Foreign Affairs and Trade Péter Szijjártó said at the Krynica International Economic Forum in Poland on Wednesday.
Being a small country, Hungary may face difficulties in competing with bigger economies. Therefore, it has to lay more emphasis on efficiency, flexibility, smooth and quick action – said László Szabó, Minister of State for Foreign Affairs and Trade in an interview with Hungarian News Agency MTI.
“The success of the Job Protection Action Plan launched in 2013 is indicated by the fact that it has led to the employment of over 890,000 people, including 150,000 young people, the Government Spokesperson said on Thursday at a press conference held at Jász-Plasztik Limited in Jászberény.
“The Prime Minister’s Office is open to debating all topics recommended for discussion at the upcoming session of the Jewish Community Roundtable”, Deputy State Secretary for Priority Social Affairs Csaba Latorcai said on Wednesday.