Trademagazin > News and articles > Market News > Fazekas Sándor: the agrarian economy this year can increase its positive export balance
Fazekas Sándor: the agrarian economy this year can increase its positive export balance
According to the preliminary datas, the Hungarian agriculture can increase its positive export balance this year, which is expected to exceed 3 billion euros, ie 800-900 billion euros – said Fazekas Sándor, Minister for Rural Development assessing this year to MTI.
He indicated that the sector’s performance in the first eight months of 2012 shows that until the end of August of agriculture export surplus amounted to 2.5 billion euros. This is slightly below the previous year's total of 2.7 billion euros positive balance. (MTI)
Related news
More related news >
Related news
GKI Analysis: Without EU funds, the domestic economy would just flounder
On May 1, Hungary marks the 21st anniversary of joining…
Read more >NGM: we always take action against unjustified price increases, inflation may decrease further in the coming months
The government is successfully fighting price increases. In April, inflation…
Read more >April inflation was higher than expected
In April, annual inflation was 4.2 percent, and prices rose…
Read more >