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Valencia-Budapest air service launched

Ministry of Foreign Affairs and Trade, November 6, 2017 3:54 PM

Ryanair’s first Valencia-Budapest took off today and in future will be transporting passengers between Valencia and the Hungarian capital twice-a-week. The ceremonial launch of the first flight was attended by, amongst others, Deputy Mayor of Valencia Sandra Gomez, who in her speech highlighted the fact that the new air service could further tighten relations between Valencia and Hungary.

Government Spokesperson Zoltán Kovács visits New York

Government spokesperson, November 6, 2017 3:53 PM

Government Spokesperson Zoltán Kovács held talks on Hungarian economic and social issues during the course of his two-day visit to New York, which ended on Friday.

Hungary is providing support to help Lebanon handle the migration crisis

Ministry of Justice, November 6, 2017 3:50 PM

“Hungary is providing millions of euros in funding to Lebanon, which is suffering under the strain of the migration crisis, and is providing all political support in the interests of enabling the Syrian refugees in the country to return home at the earliest opportunity”, Minister of Justice László Trócsányi said in a telephone statement to Hungarian news agency MTI on 3 November 2017 following a two-day visit to Lebanon.

International companies operating in Hungary tend to have long-term plans for the country

Ministry of Finance, November 6, 2017 11:27 AM

The Government is working to create a favourable business environment for innovative, profitable enterprises which are ready to expand, Minister for National Economy Mihály Varga said at the foundation stone laying ceremony for the logistics facility of Jabil Circuit Hungary Ltd, a project implemented by Infogroup Ltd, in the city of Tiszaújváros in North-eastern Hungary.

Never before has such a high ratio of German companies in Hungary planned to increase their investments

Ministry of Foreign Affairs and Trade, November 3, 2017 5:11 PM

“Never before has such a high ratio of German companies in Hungary planned to increase their investments and hire more Hungarians”, Minister of Foreign Affairs and Trade Péter Szijjártó declared on Friday in a telephone statement to Hungarian news agency MTI from Sofia, Bulgaria, where he is currently on an official visit.

Economic cooperation between Budapest and Sofia could receive a never before seen level of momentum

Ministry of Foreign Affairs and Trade, November 3, 2017 2:49 PM

“The common standpoint professed by Bulgaria and Hungary on issues relating to the fate of Europe is creating an opportunity for economic cooperation to be unhindered and receive a never before seen level of momentum”, Minister of Foreign Affairs and Trade Péter Szijjártó declared at a press conference in Sofia on Friday after attending the founding session of the Hungarian-Bulgarian Government Committee for Economic Cooperation.

Hungary and Bulgaria can count on each other as allies in European disputes

Ministry of Foreign Affairs and Trade, November 3, 2017 2:48 PM

“Bulgaria and Hungary have similar opinions on the most important problems facing the European Union and are providing similar responses to them, and accordingly when there will be major disputes on the future of the EU in the near future they will be able to count on each other as allies”, Minister of Foreign Affairs and Trade Péter Szijjártó declared at a press conference in Sofia following a meeting with Bulgarian Foreign Minister Boyko Borissov and several members of the Bulgarian Government.

The shared services sector will by the most important sector in the economy’s dimensional transition

Ministry of Foreign Affairs and Trade, November 3, 2017 11:25 AM

“The shared services sector will by the most important sector in the transition of Hungary’s economy to a new dimension”, Minister of Foreign Affairs and Trade Péter Szijjártó said on Thursday in Budapest at the Hungarian Shared Services Gala organised by the Hungarian Investment Promotion Agency (HIPA).

Budapest Declaration

Ministry of Human Capacities, November 3, 2017 11:13 AM

The participants of the two-day conference held on 11-13 October 2017 entitled “International conference on the Persecution of Christians - Seeking Answers to a Long-neglected Crisis”, hosted by the Deputy State Secretariat for the Aid of Persecuted Christians within the Ministry of Human Capacities, adopted the Budapest Declaration.

Residential property market boom continues

Ministry of Finance, November 3, 2017 10:44 AM

The Family Housing Allowance (CSOK) and reduced VAT in the construction sector have caused the residential property market to expand in a dynamic and steady manner in Hungary, and the latest data also reflect this positive trend, Minister for National Economy Mihály Varga said. The Minister’s comments came after the Hungarian Central Statistical Office had reported that in the third quarter of 2017 the number of building permits was up by 33 percent year-on-year, and the number of newly built homes soared by 52 percent in the same period.