Minister of National Economy Says Slowdown in GDP is Temporary In the last quarter of 2023, the Hungarian economy faced challenges with a modest year-on-year growth of 0.4% and stagnation... 2024.02.14.
Government Remains Committed to Ensuring Competitive Fuel Prices Domestic fuel prices must remain in the mid-range of the region, Minister of National Economy Márton Nagy stressed at a... 2024.02.08.
German Economic Slowdown Impacts Hungarian Exports Hungary's foreign trade is affected by the weakness of the German economy, as exports have been falling for months. New... 2024.02.07.
Agreement Closer on the Repurchase of Budapest Airport An agreement on the buy-back of Budapest Airport could be reached as early as February, Márton Nagy announced at a... 2024.02.05.
Minister Encourages U.S. Companies to Reinvest Their Profits in Hungary One of the American Coca-Cola plants in Hungary The Minister of National Economy Márton Nagy gave a presentation at the... 2024.02.02.
Minister of National Economy Forecasts Inflation between 5-6% in 2024 Economic growth could be around four percent this year after the recovery from the recession began last year, Minister of... 2024.01.04.
Budapest Airport Reacquisition Nears Finalization Negotiations on the reacquisition of Liszt Ferenc International Airport are already at a stage where a final agreement between the... 2024.01.03.
The Ministry of Economic Development Will Operate under a New Name In line with Prime Minister Viktor Orbán's decision, the Ministry of Economic Development will continue its activities under a new... 2024.01.02.
Pharmaceutical Industry a Major Contributor to the Economy’s Success The government is committed to increasing the long-term and sustainable competitiveness and performance of the Hungarian pharmaceutical industry, reports Magyar... 2023.12.15.
Salaries Could Rise as Early as December: Minimum Wage to Increase by 15% An agreement was reached at Wednesday's meeting of the Permanent Consultative Forum between the industry and the government. The parties... 2023.11.17.
Recession Is Over: Economic Performance Improves In the third quarter of 2023, Hungary's GDP declined by 0.4 percent based on raw data and by 0.3 percent... 2023.11.15.
Further Increase in the Automotive Sector’s Contribution to GDP Essential Hungary's international working capital currently exceeds EUR 100 billion, and the government plans to double this figure by 2030, the... 2023.11.08.
Hungary Aims to Remain a Key Destination for Chinese Investors Minister of Economic Development Márton Nagy attended the 6th China International Import Expo in Shanghai. In his speech at the... 2023.11.07.
Viktor Orbán Courts Closer Cooperation with Huawei During Visit to China Prime Minister Viktor Orbán visited Huawei as part of his multi-day visit to China for the Belt and Road Forum.... 2023.10.20.
Economic Development Minister Signs Cooperation Agreement with ICBC Márton Nagy (R) and Liao Lin, CEO of ICBC (L) sign the cooperation agreement between the Ministry of Economic Development... 2023.10.19.
Agreement to Deepen Industrial Cooperation with Georgia Minister of Economic Development Márton Nagy attended the joint Georgian-Hungarian government meeting from October 11-12, 2023, during which he held... 2023.10.13.
Cooperation with South Korea Could Boost Development of Hydrogen Economy State Secretary for Industrial Policy and Technology Gergely Fábián held talks on economic cooperation between Hungary and South Korea, the... 2023.08.03.
Ensuring the Stable Operation and Development of Steel Giant Dunaferr Is Vital Economic Development Minister, Márton Nagy, received Sanjeev Gupta, the executive chairman of Liberty Steel Group, along with the company's management... 2023.07.27.
The Market Should Determine the Exchange Rate The most important task for Hungary is to bring inflation down to single digits, restore economic growth, and put it... 2023.07.26.
Economy Minister Meets President of the World’s Largest Bank Minister of Economic Development Márton Nagy held a meeting with Liao Lin, President and Executive Director of the Industrial and... 2023.07.11.
Government Delegation at World’s Second Largest Bank Minister of Economic Development, Márton Nagy, visited the Fintech Center of China Construction Bank in Beijing and held a meeting... 2023.07.10.
