In a live interview with Zalaegerszeg Television on Tuesday, Prime Minister Viktor Orbán said that in the modern world, if a settlement cannot be reached quickly, investors will not choose it as an investment location; this is why a dual-carriageway link to Zalaegerszeg must be provided with government support.
At a press conference held in Parliament on Tuesday, Minister of Foreign Affairs and Trade Péter Szijjártó said that Parliament had made the wisest and most responsible decision by granting authority to send Hungarian troops to join the campaign against Islamic State (IS).
Jonathan Hill, European Commissioner for Financial Stability, Financial Services and Capital Markets Union, and Hungary’s Minister for National Economy Mihály Varga held cordial discussions in Brussels, focusing on three topics: the soon-to-be-published EU country report, the MoU concluded with EBRD and Erste Bank as well as the Green Paper on building a capital markets union.
In Barcelona on Monday, Minister of Foreign Affairs and Trade Péter Szijjártó said that unless the European Union responds rapidly and firmly to the processes taking place in neighbouring regions to the south and in the Middle East, it may soon face an unmanageable situation in terms of economy, security and migration.
For Hungary, the most significant prediction among the report’s general conclusions is that for 2015 the IMF is expecting – thanks partly to declining oil prices and the appreciation of the US dollar – a general improvement of the global economy. The institution is also forecasting better performance in developed countries that are Hungary’s main trade partners, such as members of the Euro-zone.
Foreign investors in Hungary see present and future conditions of the Hungarian economy in a basically positive light, but the number of enterprises which would pick Hungary again as their investment destination is low from a regional perspective – according to the regular annual economic survey of the German-Hungarian Chamber of Industry and Commerce (DHUIK) presented at a press conference in Budapest.
An agreement signed by Prime Minister Viktor Orbán and Mayor of Zalaegerszeg Zoltán Balaicz includes provision for a swimming pool, road and rail construction. The Government will also support the city with hospital development and the establishment of a pilgrimage site related to Cardinal József Mindszenty.
At an international conference on the history of the Holy See’s diplomatic relations held on Tuesday in Budapest, Deputy Prime Minister Zsolt Semjén said that Christianity in Hungary is also a factor that can preserve the nation.
Hungary joining the Asian Infrastructure Investment Bank (AIIB) will help our country in developing its international financial and foreign trade relations and will increase the presence of Hungarian companies on Asian markets, Minister of Foreign Affairs and Trade Péter Szijjártó told kormany.hu.
In February 2015, industrial output grew by some 6 percent year-on-year. The sector has been expanding for the eighteenth consecutive month and the fact that order volume jumped by 20 percent over the past one year signals further growth.