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Real wages continue to rise

Ministry of Finance, September 30, 2019 8:00 PM

In Hungary, real wages have increased steadily for more than six and a half years, meaning for 79 months; in the past one year alone, there has been a seven-per cent increase, Finance Minister Mihály Varga said commenting on the latest earnings data.

Hungarian economy continues to remain stable, deficit and sovereign debt have further decreased

Ministry of Finance, September 30, 2019 8:00 PM


The Ministry of Finance submitted the bill regarding the implementation of the 2018 budget (discharge bill) to Parliament today. According to the document, the Hungarian economy performed above the EU’s average level, the deficit of state finances calculated according to EU methodology was better than planned, and the sovereign debt level to GDP was lower than predicted.

Electromobility is one of the pledges of Hungary’s competitiveness

Ministry for Innovation and Technology, September 30, 2019 8:00 PM

The automotive industry is one of the most important driver sectors in Hungary, and strengthening the electromobility segment within the sector is particularly important as it is one of the pledges of the Hungarian economy’s competitiveness, the Parliamentary State Secretary of the Ministry for Innovation and Technology said on Saturday in Budapest.

No country’s economy can be successful without SMEs

Ministry of Foreign Affairs and Trade, September 30, 2019 7:17 PM

“No country’s economy can be successful without small and medium-sized enterprises”, the Minister of Foreign Affairs and Trade’s Parliamentary State Secretary Levente Magyar declared on Monday in Subotica (Szabadka), Serbia, where he attended the official inauguration of two company expansion projects realised within the framework of the Hungarian Government’s Vojvodina Economic Development Programme.

The production value of the Hungarian automotive industry could reach 10 trillion forints within a year

Ministry of Foreign Affairs and Trade, September 30, 2019 7:16 PM

“The production value of the Hungarian automotive industry could reach 10 trillion forints (EUR 30 billion) within a year”, Minister of Foreign Affairs and Trade Péter Szijjártó said on Monday in Cegléd at the foundation stone laying ceremony of international company Infineon Technologies’ new production plant.

There is major global competition for international investment projects

Ministry of Foreign Affairs and Trade, September 30, 2019 4:59 PM

“In view of the fact that there is major global competition for international investment projects, a new investment promotion system will be coming into force in Hungary on 1 October, the goal of which is to ensure that decisions on technology-orientated investment projects are also made in favour of Hungary”, Minister of Foreign Affairs and Trade Péter Szijjártó said on Kossuth Radio’s “Good Morning, Hungary!” show on Monday morning with relation to the international investment conference being held in Budapest.

Prime Minister Viktor Orbán to attend Jacques Chirac’s memorial service

The Prime Minister, September 30, 2019 3:08 PM

On Monday at the invitation of French head of state Emmanuel Macron, Prime Minister Viktor Orbán will attend the memorial service to be held in Paris in memory of former President of the Republic Jacque Chirac who passed away on Thursday.

Hungary is a winner of the new global economic era

Ministry of Foreign Affairs and Trade, September 30, 2019 2:58 PM

Minister of Foreign Affairs and Trade Péter Szijjártó called Hungary a winner of the new global economic era in the Veszprém County town of Litér on Monday, at the foundation laying ceremony of the German Sennebogen Group’s new steel parts production plant.

Jewish community in Hungary lives its everyday life in peace and security

The Prime Minister, September 30, 2019 2:54 PM

Prime Minister Viktor Orbán sent his greetings in a letter to Israelite leaders in Hungary on the occasion of the Jewish New Year.

We have the right to live our lives according to the laws of Christian freedom

The Prime Minister, September 29, 2019 8:30 PM

There must be an agreement between the two halves of Europe, but with clear conditions attached: for instance, that we have the right to live our lives according to the laws of Christian freedom.