News in Brief
Nagy: Role of AI in the economy will grow in importance
Preparations for the implementation of the European AI Act will begin under the Hungarian EU presidency.
Márton Nagy
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News in Brief
National Economy Minister meets Microsoft executives in Budapest
The main topics of the meeting were Hungary’s plans when it takes over the rotating presidency of the Council of the European Union in the second half of the year.
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Nagy: Hungary to become a crucial player in the space industry
Minister Nagy said Hungary’s satellite production capability is not just an economic and security matter, but also one of sovereignty.
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Nagy: Hungary must strengthen its ties with China
The government supports boosting cooperation between Hungary’s 4iG and China’s Huawei.
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Nagy: More and more inactive Hungarians entering job market
Minister Nagy said the number of economically inactive people was down in just about every age group, mainly in the 15-34 and 55-64 brackets.
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Economy Minister summons oil company execs over high fuel prices
Fuel prices in Hungary are above the European Union average, with petrol costing 644 forints (EUR 1.65) a litre and diesel 658 forints.
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Nagy: Hungary has doubled value of state assets since 2010
Minister Nagy said a “significant” portion of the assets was real estate while the rest was equities and other assets.
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Nagy: Government expects the economy to grow by 2-3% this year
Minister Nagy said Hungary would not achieve 4% GDP growth this year because of a temporary weakening of its export markets.
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Minister of National Economy holds talks with EU jobs commissioner
Márton Nagy briefed the commissioner on the situation in the Hungarian labor market and key employment policy issues.
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Minister for National Economy calls on vehicle fuel sellers to keep prices competitive
Márton Nagy, Minister for National Economy, said he saw a “chance for adjusting” petrol prices, but not diesel prices.
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Nagy: Hungary-US economic relations are flourishing
Minister Nagy said the development of US-Hungary economic relations is undimmed and cooperation has been smooth in recent years.
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Minister Márton Nagy in Davos: EU should take steps to strengthen new industries and competitiveness
The World Economic Forum, held annually in Davos, aims to encourage dialogue between the world's most influential politicians, business people and scientists on – among others - global economic and environmental issues, geopolitical and policy concerns.
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Nagy: German and Chinese capital attract each other in Hungary
“The tendency is that German and Chinese capital want to work together, and this has become Hungary’s turf,” Minister Nagy said.