News in Brief Government grants additional HUF 30 billion to boost competitiveness Apr 15, 2021 Hungary, unlike many other countries, has successfully prevented mass unemployment as a result of the coronavirus pandemic.
News in Brief HIPA CEO: Investors should take Hungary into account when looking for a competitive business location Oct 28, 2020 Hungary was one of the EU’s economic champions and has a very good chance to come out of this crisis stronger than ever.
News in Brief PM Orbán: Economies of the V4 are hugely promising Sep 01, 2020 Prime Minister Viktor Orbán said Europe has failed to make decisions in recent years to boost its competitiveness.
News in Brief FM: Central Europe is in a position to gain a big competitive advantage in the coming years Sep 01, 2020 The foreign minister said the novel coronavirus pandemic presents a historic challenge for the European Union, adding, at the same time, that the coming years “could be all about central Europe”.
News in Brief FM: Investment is key to Hungary's competitiveness Jul 30, 2020 The foreign minister said Hungarian companies have recognized that investment gives them the opportunity to gain a competitive edge over their regional and international peers.
News in Brief Hungary ranks 19th in NBH’s latest EU competitiveness report Jul 29, 2020 In the NBH’s latest competitiveness report, Hungary’s score of 47.4 points on a scale of 0-100 is slightly higher than the average score of the other three Visegrad Group countries.
News in Brief FM: Europe’s competitiveness hinges on intensifying inter-state transport and energy connections Jul 23, 2020 Péter Szijjártó underlined the importance of connecting Hungary and Slovenia’s electricity and gas pipelines and increasing the number of border crossings.
News in Brief Hungary’s economy and growth advantage will be protected by additional policy measures Mar 11, 2020 Mihály Varga, Minister of Finance, said a prime objective would be to expand room for maneuver in economic policymaking and speed up competitiveness measures.
News in Brief Hungary ranks 47th on annual competitiveness ranking compiled by the World Economic Forum Oct 10, 2019 Hungary moved up one spot on the index from last year, when the ranking included 140 countries opposed to the 141 appearing this year.
News in Brief FM: Western European states want to stifle the competitiveness of Central and Eastern Europe Sep 05, 2019 Péter Szíjjártó said the proposed tax harmonization and common European debt handling would “effectively annihilate the competitiveness of both the Central European region and at the European Union as a whole".
News in Brief Finance Minister holds meeting with World Bank to help Hungarian companies Jul 02, 2019 The Hungarian government has made it a strategic goal to help boost the export capabilities of small and medium-sized companies.
News in Brief Digitalization is key to Hungary’s success and international competitiveness Feb 20, 2019 Following a meeting of the National Competitiveness Council on Tuesday, Mihály Varga said further strengthening Hungary‘s competitiveness depends on digitalization
News in Brief Hungary advances 12 places in World Economic Forum competitiveness ranking Oct 18, 2018 Hungary has placed 48 out of 140 countries this year and has risen from 69 in 2016 and 60 in 2017
News in Brief Prime Minister PM Orbán: Hungary is on the road to becoming one of Europe’s most competitive countries Mar 05, 2018 The prime minister said that to achieve a competitive economy it is not enough to come up with competitive ideas, but those ideas must also be organized into a system.
News in Brief OECD raises economic growth forecasts for Hungary Nov 30, 2017 The Economy Ministry said international organizations, analysts, ratings agencies and investors continue to acknowledge the achievements and positive outlook of the Hungarian economy
News in Brief Hungary climbs nine places in WEF global competitive index Sep 28, 2017 Since 2010, the number of people in employment has increased by more than 700,000, the government budget deficit has been reduced and the debt-to-GDP ratio has also been falling
News in Brief Hungary aims to become a competitive country that can perform successfully in a new global economic age Jul 14, 2017 Hungary has the lowest corporate and personal income tax rates in Europe. The government has also launched several investment support and financing schemes and would continue to reduce payroll taxes
News in Brief PM Orbán: Hungary will reduce corporate tax rate to lowest in EU Nov 17, 2016 Hungary is also planning cuts in personal income tax rates, lower payroll taxes and reforms to higher education to boost competitiveness
News in Brief Hungary improves in IMD competitiveness ranking Jun 01, 2016 In the 2016 ranking of 61 powerful countries, Hungary ranks a respectable 46th, two places up from last year