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There can be no European security without a stable Iraq

Ministry of Foreign Affairs and Trade, November 22, 2016 4:23 PM

“The stability of Iraq is one of the most important issues with regard to the security of Europe. Iraq is fighting a crucial battle against the Islamic State terrorist organisation, without whose eradication we cannot talk about peace in any corner of the world and there will be no solution to the immigration crisis either”, Minister of Foreign Affairs and Trade Péter Szijjártó said at a press conference held jointly with his Iraqi counterpart on Tuesday in Budapest.

Parliament adopts tax package designed to cut red tape and provide SME incentives

Ministry of Finance, November 22, 2016 3:57 PM

The tax package endorsed today helps cut bureaucracy, bolster enterprise competiveness and combat the black economy, Minister of State for Parliamentary and Taxation Affairs András Tállai said.

Prime Minister Orbán holds talks with RMDSZ President

The Prime Minister, November 22, 2016 3:24 PM

“Prime Minister Viktor Orbán and President of the Democratic Alliance of Hungarians in Romania (RMDSZ) Hunor Kelemen met in the Parliament Building in Budapest on Tuesday in preparation of next week’s session of the Hungarian Standing Conference”, the Minister of State heading the Press Office of the Prime Minister, Bertalan Havasi, told kormany.hu.

General government budget data show the best balance in fifteen years

Ministry of Finance, November 22, 2016 3:09 PM

Data from the first ten months of this year show the best fiscal balance of the past fifteen years, Minister of State for Public Finances Péter Benő Banai told public news channel M1.

V4 to set up a common crisis management centre

Ministry of Interior, November 22, 2016 2:25 PM

At a joint press conference following the meeting of V4 interior ministers in Warsaw, Minister of Interior Sándor Pintér has announced that the V4 will set up a common crisis management centre.

Wage growth trend remained in place in Hungary

Ministry of Finance, November 22, 2016 1:58 PM

In the first nine months of 2016, wages in real terms rose by 7.6 percent within the national economy. Thus, an upward wage trend has been in place for 45 months in Hungary. In the private sector – at enterprises with at least five employees – the number of people in employment was up by 64 thousand compared to September 2015.

Agreement reached on minimum wage increase

Ministry of Finance, November 22, 2016 1:49 PM

“We have reached a milestone now, as we have come to an agreement with our partners on raising the minimum wage and the guaranteed minimum wage”, Minister for National Economy Mihály Varga said at a press conference that followed the standing consultation forum of the private sector and the Government.

OTP opens regional headquarters in Southern Serbia

The Prime Minister, November 22, 2016 11:42 AM

“OTP has opened a regional headquarters in Southern Serbia; this may be the symbol of the economic cooperation that the Hungarian and Serbian governments discussed at the joint cabinet summit”, Prime Minister Viktor Orbán declared at the opening of the branch office in Niš on Monday.

The future, business and profit lie in Central Europe

The Prime Minister, November 22, 2016 9:54 AM

On Monday, at the Hungarian-Serbian business forum in the Serbian city of Niš, Prime Minister Viktor Orbán said that “The future, business, profit and economic opportunities lie in Central Europe”.

A higher minimum wage would also mean a greater pensions increase

The Prime Minister, November 21, 2016 4:18 PM

In a preview of an interview to be aired on Kossuth Radio’s “180 Minutes” programme on Monday, Prime Minister Viktor Orbán said on Hungarian M1 television that “If we can come to an agreement with businesses on a higher increase in the minimum wage, then higher salaries and higher inflation will provide an opportunity for a greater increase in pensions”.