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Minister Varga: Hungary’s economy is set to grow stronger

Ministry of Finance, November 2, 2017 4:29 PM

The six-year wage agreement, tax cuts, Hungary’s industrial development programme, vocational education reform and measures initiated by the National Competitiveness Council are strategic pillars of Hungary’s economy policy, thanks to which Hungary’s long-term competitiveness may improve further. As a result of the mutually beneficial effect of these measures, the country may have a higher investment rate even without substantial FDI, and thus an economic environment can be created that ensures steady GDO growth in the future, Minister for National Economy Mihály Varga said earlier today at the Tatra Summit conference.

Conscientious job policies can also improve competitiveness

Ministry of Finance, November 2, 2017 4:08 PM

A responsible employment policy is indisputably a factor that can improve competitiveness; it can be a competitive advantage within the region and also within the EU, and it can substantially contribute to the steady expansion of enterprises, Minister for National Economy Mihály Varga said at the award ceremony of the “Responsible Employer of the Year” title in Budapest.

Reformation has changed our world

Prime Minister’s Office, November 2, 2017 4:06 PM

The Reformation proved to be a world-shaping force within just a few lifetimes, and has changed human civilisation once and for all, the Minister heading the Prime Minister’s Office said on Sunday in Makó, taking the view that faith and tradition can be the solution to today’s challenges as well.

Competitive medium-sized enterprises are needed

Ministry of Foreign Affairs and Trade, November 2, 2017 4:05 PM

“In addition to investments in Hungary on the part of foreign large enterprises and successfully operating Hungarian-run large enterprises, economic growth also requires medium-sized enterprises that are also competitive abroad”, Minister of Foreign Affairs and Trade Péter Szijjártó said at a press conference held to announce the launch of an investment project by Spinto Hungaria Limited.

Cushman & Wakefield has chosen Budapest as the new site for its new Portfolio Services Center

Ministry of Foreign Affairs and Trade, November 2, 2017 2:39 PM

International property consultant Cushman & Wakefield has chosen Budapest as the new site for its Portfolio Services Center (PSC).

The Government would be happy to help transport the cross that is due to be demolished in France to Hungary

Ministry of Foreign Affairs and Trade, November 2, 2017 2:37 PM

“The Government is willing to pay any expenses that arise and undertake the administrative burdens in the interests of enabling the cross that is condemned to be removed from the statue of Pope John Paul II in the town of Ploërmel to be transported to Hungary, if the leaders of the French settlement consent to it”, Minister of Foreign Affairs and Trade Péter Szijjártó announced at a press conference in Budapest on Thursday.

New air passenger link and closer relations with Morocco

Ministry of Foreign Affairs and Trade, November 2, 2017 11:58 AM

WizzAir’s first direct flight to the Moroccan city of Agadir took off from Budapest on 31 October 2017. The official launch of the new air service at Liszt Ferenc International Airport was also attended by Moroccan Minister of Tourism Mohamed Sajid.

Brussels wants to flood Europe with illegal immigrants

Ministry of Foreign Affairs and Trade, November 2, 2017 11:57 AM

“Brussels’ goal is for as many immigrants as possible to come to Europe, but we must do everything possible to ensure that this does not become a reality”, Minister of Foreign Affairs and Trade Péter Szijjártó told reporters on Tuesday evening in Budapest.

The threat of terrorism is a global phenomenon

Ministry of Foreign Affairs and Trade, November 2, 2017 11:57 AM

“The New York terrorist attack clearly shows that the threat of terrorism is a global phenomenon”, the Minister of Foreign Affairs and Trade declared on Hungarian M1 television’s Wednesday morning current affairs program. Péter Szijjártó confirmed that there is still no information concerning possible Hungarian victims.

Government Spokesperson Zoltán Kovács and György Bakondi Chief Security Advisor hold talks in Washington

Government spokesperson, November 2, 2017 11:56 AM

Government Spokesperson Zoltán Kovács and György Bakondi Chief Security Advisor to the Prime Minister are conducting negotiations in Washington.