News in Brief
Government announces rapid rail link between Liszt Ferenc International Airport and Nyugati Station
The rail link would require the addition of a new line only between the airport and the capital's District X.
Minister Márton Nagy
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News in Brief
Nagy: Hungary's government will keep fiscal stability a priority in 2025 and 2026
Minister Nagy highlighted the rollout of personal income tax exemptions for mothers of two and three children, the doubling of tax allowances for families raising children and VAT rebates for pensioners.
News in Brief
Minister Nagy submits government's 2026 budget bill to parliament
Minister Nagy said that the most important question for 2026 was whether "Hungarian money would go to Ukraine".
News in Brief
Nagy: Hungary's GDP growth is expected to exceed 3% in H2
Minister Nagy said his ministry put GDP growth at 2.5% for 2025 and 4.1% for 2026.
News in Brief
National Economy Minister meets Israel's minister for tourism in Budapest
Last year, over 215,000 Israeli visitors spent 693,000 guest nights in Hungary, generating revenue of HUF 21bn.
News in Brief
Nagy: Germany's 500 billion euro infrastructure fund could benefit Hungary
Minister Nagy said that Hungary's economy could grow two percentage points faster than Germany, so the Hungarian government's 3 percent growth forecast for this year was "more and more realistic".
News in Brief
National Economy Ministry highlights need to stop 'unacceptable' price increases
The ministry listed chicken, pork, cooking oil, eggs, milk, dairy products, flour and sugar as the staple products where prices must be reduced.
News in Brief
Nagy: 2025 will be a breakthrough year
Minister Nagy said an earlier launched economic policy action plan that aimed to boost purchasing power, ensure affordable housing and scale up SMEs had been expanded.
News in Brief
Nagy: Decision-makers need to revisit global minimum tax on big corporations
Minister Nagy said the US decision to withdraw from the agreement on the global minimum tax could present problems for the EU.
News in Brief
Nagy: Germany's success is important for Hungary
Minister Nagy said Germany had been in recession for two years and the economy was expected to continue contracting this year, too.
News in Brief
Nagy: Rubik's cube is a symbol of national pride in Hungary
Minister Nagy said innovation was always a key element of Hungarian identity and culture.
News in Brief
Nagy: Hungary believes in boosting competence
Minister Nagy said the EU "must be saved before it dies," as its economy cannot compete with the United States and China under the current circumstances.
News in Brief
National Economy Ministry: Hungary's budget would preserve stability in coming years
The National Economy Ministry said that "intensive negotiations" with EC experts to clarify issues had preceded the EC's endorsement of Hungary's national medium-term fiscal-structural plan.