Based on the May 2019 data of the Central Statistical Office, Hungary is at the vanguard of the region as regards industrial production which indicates the success of the programme seeking to lead industry into a new dimension which began in 2010.
It has been proved again that the performance of the Hungarian economy exceeds international expectations, Finance Minister Mihály Varga said after his meeting with Pierre Moscovici, the European Commission’s departing Commissioner for Economic and Financial Affairs, Taxation and Customs. The Finance Minister said in its latest analysis the European Commission itself acknowledges that the Hungarian economy could continue to expand at a rate above the EU average, and by considerably upgrading its earlier projection, it has increased its estimate regarding Hungary’s GDP growth for this year to 4.4 per cent.
The adoption of the 2020 budget shows that the vast majority of Members of Parliament agree with the continuation of an economic policy that is based on the strengthening of families, the protection of the economic results achieved, the maintenance of the country’s security and pay rises.
In an interview on the Kossuth Radio programme “Good Morning Hungary”, Prime Minister Viktor Orbán said that “In Brussels the Government has successfully enforced the will of the Hungarian people, as declared in the European Parliament (EP) elections; this means that the people chosen to lead the European Union’s institutions should respect nations and oppose immigration.”
“Our faith in the fact that the Hungarian peoples of Transcarpathia do have a future is unwavering, as also corroborated by the fact that the Transcarpathian Hungarian community has successfully made use of the over 18 billion forints (EUR 55.2 million) in economic development funding provided to it by the Hungarian Government over the past 2.5 years for its own construction”, the Ministry of Foreign Affairs and Trade’s Parliamentary State Secretary and Deputy Minister declared on Thursday in Berehove (Beregszász), Ukraine, where he announced new economic development programmes and tender opportunities.
Prime Minister Viktor Orbán had talks with Slovak President of the Republic Zuzana Caputová – whom he received in the Carmelite Monastery in Budapest on Thursday afternoon – about the Visegrád cooperation, Hungarian-Slovak bilateral relations and European political topics, Bertalan Havasi, the Prime Minister’s press chief informed the Hungarian news agency MTI.
“Hungary is providing assistance to Georgia on several levels to help it tighten links with the European Union and NATO”, Minister of Foreign Affairs and Trade Péter Szijjártó said in a statement to Hungarian news agency MTI from Batumi, Georgia on Thursday.
The European Commission’s latest forecast shows that not even experts in Brussels can ignore any more that in the first quarter of this year the growth of the Hungarian economy not only did not slow down, but with an expansion of 5.3 per cent Hungary is number one in the EU rankings, László Balogh, Deputy State Secretary of the Ministry of Finance said on the public service television news channel M1.
“Bavarian enterprises are preparing to invest 45 billion forints (EUR 138 million) in Hungary in the short term”, Minister of Foreign Affairs and Trade Péter Szijjártó said on Wednesday in a telephone statement to Hungarian news agency MTI from Munich, where he held talks with the leaders of Bavarian companies.
“Romania has issued a statement that is making the improvement of bilateral relations more difficult”, Minister of Foreign Affairs and Trade Péter Szijjártó said in a statement to Hungarian news agency MTI in reaction to Wednesday’s statement by the Romanian Ministry of Foreign Affairs.