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Hungary is one of the winners of the new global economic era

Ministry of Foreign Affairs and Trade, September 19, 2019 8:41 AM


Mr. Szijjártó said the Hungarian economy is the fastest growing economy in the European Union, with unemployment having fallen to just 3.3 percent from the previous 12.5 percent. “The country's international competitiveness is indicated by the fact that it is ranked 92nd in the world in terms of population, but 34th in the export rankings”, he declared.

The automotive industry is the backbone of the Hungarian economy

Ministry of Foreign Affairs and Trade, September 19, 2019 8:38 AM

“The automotive industry is the backbone of the Hungarian economy, and the continuous development of the supply industry is vital to its continued expansion”, Minister of Foreign Affairs and Trade Péter Szijjártó said at the topping out ceremony of the 3.4 billion forint (EUR 10.2 million) investment by public transport equipment manufacturer Hübner-H Rubber and Plastic Ltd. in Nyíregyháza on Wednesday.

The performance of the nation is made up of the performance of local communities

Ministry of Foreign Affairs and Trade, September 19, 2019 8:35 AM

“The performance of the nation is made up of the performance of local communities, and rural towns and communities have played an increasingly important role in the strengthening of the Hungarian economy and Hungary in recent years”, Minister of Foreign Affairs and Trade Péter Szijjártó said on Wednesday in Tiszafured at the foundation stone laying ceremony of the new market hall, which is being constructed with an investment of 186 million forints (EUR 560 thousand).

The Christian democratic approach regards different things as valuable than the liberal approach

Ministry of Foreign Affairs and Trade, September 18, 2019 3:20 PM

“The Christian democratic approach regards different things as valuable than the liberal approach; for instance, the Christian democratic approach thinks in terms of the community: family and nation”, the Ministry of Foreign Affairs and Trade’s State Secretary for Information and the International Representation of Hungary Tamás Menczer said in Budapest on Wednesday.

Opening of Italian ports has led to further threats

Government, September 18, 2019 12:55 PM

By virtue of the fact that shortly after its formation the left-wing Italian government re-opened ports to boats carrying migrants, it has created further threats not only for Italy, but for the entire continent as well, the Chief Security Advisor to the Prime Minister said on Kossuth Radio’s programme Good morning, Hungary on Wednesday.

Our primary duty is to guarantee Hungary’s security

Ministry of Foreign Affairs and Trade, September 17, 2019 9:57 PM

“Our primary duty is to guarantee the security of Hungary and the Hungarian people”, Minister of Foreign Affairs and Trade Péter Szijjártó said at a public forum in Szeged on Tuesday.

The Hungarian economy has gone through a dimensional transition

Ministry of Foreign Affairs and Trade, September 17, 2019 8:51 PM

“The Hungarian economy has gone through a dimensional transition in recent years”, Minister of Foreign Affairs and Trade Péter Szijjártó said on Tuesday in Szeged.

Budapest’s role as financial centre is further increasing

Ministry of Finance, September 17, 2019 5:00 PM

The International Investment Bank is now officially operating from Budapest headquarters; thanks to this, the financial institution has become more recognised and more competitive also internationally, Finance Minister Mihály Varga stated at the business forum of the International Investment Bank and the Ministry of Finance. The Finance Minister stressed that the relocation of the headquarters to Budapest is a major acknowledgement of Hungary’s economic policy which will bring shareholders, including Hungary, positive results, and will offer players of the Hungarian economy further new opportunities.

The opening of the southern Italian ports to illegal migrants is dangerous

Ministry of Foreign Affairs and Trade, September 17, 2019 2:06 PM

“The Hungarian Government regards the Italian cabinet’s decision to open the southern Italian ports to illegal migrants to be cause for concern and dangerous”, Minister of Foreign Affairs and Trade Péter Szijjártó said in a statement to Hungarian news agency MTI on Tuesday.

EU proceedings against Hungary could have been closed yesterday

Ministry of Justice, September 17, 2019 1:26 PM

If (the proceedings) were not conducted on the basis of a political order, they could have been closed yesterday, or even a year ago as there are legal answers to the accusations, the Justice Minister said on Tuesday talking to the public service television news channel M1 about the proceedings instituted against Hungary under Article Seven.