News in Brief
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.
Márton Nagy
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News in Brief
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.
News in Brief
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.
News in Brief
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.
News in Brief
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.
News in Brief
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.
News in Brief
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.
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Minister for National Economy Márton Nagy: The pace of growth regarding wages in real terms is to accelerate this year
A happier and more successful year to come: In 2024, we must focus on the internal economy
News in Brief
Nagy: Hungary turning itself into a hub of Eastern and Western capital and technology
In 2022, Turkey was Hungary’s 21st largest trading partner and trade turnover amounted to 3.5 billion US dollars.
News in Brief
Nagy: Hungarian economy has the foundations in place for continued economic growth
Márton Nagy, the economic development minister, said Hungary’s economic strategy is sound and only needs some fine-tuning.
News in Brief
Hungary signs new MoU with Huawei
Both sides agreed that the digital transformation of the economy is an area of strategic importance that holds significant opportunities for Hungary.