Eight lorries of aid consisting of medicines, medical equipment and long shelf-life food have left Budapest on Tuesday morning; the aid is to be delivered to the Transcarpathian region and beyond the Carpathians.
The Government is to grant tax relief of up to 30% of the bank tax for lenders which have increased the volume of corporate lending since 2009, the onset of the financial crisis, Minister for National Economy Mihály Varga said at a press conference in Budapest.
Hungary will open five new embassies in Latin America and Sub-Saharan Africa in the next one and a half years.
Three companies have been honoured with the awards established in August 2013 by Minister for National Economy Mihály Varga. The minister stressed he considers predictable regulatory environment – along with the current support model -- a key prerequisite of economic success.
An aid convoy worth around HUF 100 million (EUR 323,000) is about to set off to the Transcarpathian region as a joint effort of eight Hungarian charities on Tuesday morning, Minister for Human Capacities Zoltán Balog told state television M1 on Monday. He emphasised that that all aid shipments should also convey a clear message.
First quarter foreign trade data in Hungary are excellent, as the sector posted a surplus of some EUR 2.5bn in the period January-March 2015, Minister of State for Economic Regulation Béla Glattfelder said, commenting on statistics released earlier this morning by the Hungarian Central Statistical Office (KSH).
At a conference in Budapest on Friday, Prime Minister Viktor Orbán said that over the past five years the keyword for governance has been “strength”, but from now on it will be “attentiveness”. The conference, organized by the Alliance for a Civic Hungary Foundation, was entitled “Five Years in Governance”. The Prime Minister also said that a new chapter must be opened and emphasis must be placed on creating a civic quality of life.
The job protection initiatives and the additional childcare support introduced by the Government raised women’s employment ratio in Hungary to 57 percent, the highest ever rate since records of this indicator began in 1992, Mónika Dunai spokesperson for the Fidesz caucus said at a press conference held jointly with Minister of State for Family and Youth Affairs Katalin Novák.
Deputy State Secretary Kristóf Altusz paid a visit to Prague on 26-27 May 2015, where he participated at the International Conference “Living with Dignity”, organised by the Prague based European Shoah Legacy Institute (ESLI). The event was held under the patronage of Lubomír Zaorálek, Minister of Foreign Affairs and Michaela Marksová, Minister of Labour and Social Affairs highlighting welfare issues of the Holocaust survivors and other victims of Nazi persecution.
It is in the interest of every stakeholder of the Hungarian economy to be able to work in a predictable environment, Minister for National Economy Mihály Varga said at the general meeting of the Hungarian Joint Venture Association.