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The future of the Hungarian economy depends on the automotive industry

Ministry of Foreign Affairs and Trade, February 21, 2018 4:11 PM

“The future of the Hungarian economy depends on whether the automotive industry, which is entering a new era, can continue to contribute to domestic growth as a leading sector of the new industrial revolution”, Minister of Foreign Affairs and Trade Péter Szijjártó said at a press conference to announce a new investment in Debrecen on the part of Continental.

Dunaferr has entered a growth trajectory

Ministry of Foreign Affairs and Trade, February 21, 2018 2:15 PM

“Dunaferr has weathered an era that was extremely difficult for the steel industry, and through the correct delineation of its long-term strategy the company has gained strength and has now entered a growth trajectory”, Minister of Foreign Affairs and Trade Péter Szijjártó said at a press conference on Tuesday in Budapest.

Organising, supporting and financing immigration in Hungary will be substantially more difficult

Cabinet Office of the Prime Minister, February 21, 2018 2:13 PM

In the future it will be substantially more difficult to organise, support and finance immigration in Hungary if Parliament passes the Stop Soros legislative package, the Minister of State for Government Communication said in Parliament on Tuesday.

“Stop Soros” legislative package is an important step

Government, February 21, 2018 2:12 PM

The Chief Security Advisor to the Prime Minister believes that with the “Stop Soros” legislative package Hungary is planning to take an important step concerning security.

Wages in real terms gained above 10 percent in 2017

Ministry of Finance, February 20, 2018 3:37 PM

Wages in real terms have been rising for five years; this means Hungarian families have a growing amount of money at their disposal. Thanks to double-digit real wage growth, people who earn their living from work have received extra income worth more than one month of wage last year in comparison to 2016. Taking into account family tax allowances, real wages have increased by 36 percent since 2010 -- twice the pace of growth observed in 2002-2010, under the Socialist-Liberal governments.

Country to face dynamic development in next four years

Prime Minister’s Office, February 20, 2018 3:24 PM

In the next few years, provided that political stability is maintained, the country will enter a phase of dynamic development which may result in major technological advancements, pay pressure and social changes, the Minister heading the Prime Minister’s Office stated on Monday in Hódmezővásárhely.

The Government backs support of Poland

Ministry of Foreign Affairs and Trade, February 20, 2018 3:22 PM

The Ministry of Foreign Affairs and Trade’s Parliamentary State Secretary called the initiative put forward by the governing parties according to which Hungary will be vetoing all decisions that are aimed against Poland “Appropriate, timely and welcomed”.

Rehau-Automotive to create over 700 new jobs in Újhartyán

Ministry of Foreign Affairs and Trade, February 20, 2018 3:21 PM

“Swiss-owned Rehau-Automotive Limited will be establishing a new polymer car parts manufacturing plant in Újhartyán; the investment will create 727 new jobs”, Minister of Foreign Affairs and Trade Péter Szijjártó announced on Tuesday in Budapest.

The EU must support family farms

Ministry of Agriculture, February 20, 2018 2:07 PM

“The Common Agricultural Policy must serve the interests of family farms”, Minister of Agriculture Sándor Fazekas stressed in Brussels following a meeting of the Agriculture and Fisheries Council.

The opposition parties are at odds with the country’s interests

Cabinet Office of the Prime Minister, February 20, 2018 2:05 PM

“On the issue of immigration, the opposition parties are taking a stand that it at odds with the interests of the country: they would demolish the border barrier and authorise the mandatory admittance programme”, the Cabinet Office of the Prime Minister’s Parliamentary State Secretary said on Hungarian M1 television’s Tuesday morning current affairs program.