Tag "Magyarország"

Hungarians support the reduction of cash

Sixty percent of the Hungarians agree that the shadow economy can be reduced in Hungary by increasing electronic payment solutions and reducing cash – portfolio.hu reported the latest Mastercard research....

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The development of agro-economic relations with Ukraine is primary

The development of agro-economic relations between Ukraine and Hungary is primary – Bitay Márton, Minister of State of the Ministry of Agriculture (FM) said on Friday in Kisvárda, Szabolcs-Szatmár-Bereg county....

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The IMF has improved Hungary’s and the world economic’s growth prospects

The International Monetary Fund (IMF) has improved Hungary’s and the world economic’s growth prospects in its World Economic Outlook (WEO) study that was published on Tuesday. The IMF increased its...

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Several group of companies can bring their R & D centers to Hungary

The Organisation for Economic Cooperation and Development’s (OECD) action plan against tax evasion recently tightened the international rules on discounts related to intellectual products (intangible products). Due to the combined...

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The draft of the revised climate change strategy is complete

The draft of the second national climate change strategy for the 2017-2030 period providing outlook up to 2050 is ready. According to the document published on the government’s website by...

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The commercial real estate investments in Hungary grew by 133 percent last year

The value of commercial real estate investments more than doubled last year in Hungary. The Colliers International real estate consulting firm expects a similar active year for this year and...

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Csepreghy Nándor: Hungary is at the forefront in the use of EU funds

Hungary is ranked as the first among the Visegrád countries in the utilization of the European Union funds, while in the European Union’s 28 member states Hungary is among the...

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China has become one of the most important trading partner of the EU and Hungary

At a panel discussion at the Lámfalussy conference, Palotai Dániel, managing director of the Hungarian National Bank (MNB) emphasized that China has become one of the most important trading partner...

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Trading House: bilateral agreement helps the Hungarian-Slovak relations

The Slovak-Hungarian economic relations are expanding dynamically. In order to the continuous growth, the Hungarian National Trading House (MNKH) and the Slovak Investment and Trade Development Agency (SARIO) signed a...

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Hungary produced the majority of sunflowers in the European Union

In terms of sunflower production, Hungary is in first place in the European Union. The harvested volume is more than 1.8 million tons this year – Czerván György, Minister of...

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Hungary may strengthen its tourism market leadership in the region

Hungary can strengthen its tourism market leadership in the region the next year, when Central and Eastern Europe will be the guest of honor of the Global Tourism Economy Forum...

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EY: the total value of corporate acquisitions increased in the first half of the year

The total value of corporate acquisitions in Hungary in the first half of 2016 was close to 0.9 billion USD, which is an increase of 9 percent, compared to the...

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Hungarian-Chinese food safety memorandum of understanding was signed in Budapest

Fazekas Sándor, Minister of Agriculture and Chiang Chin-zsung, the Vice-Minister of the China Quality Inspection and Quarantine Bureau (AQSIQ) signed a food safety memorandum of understanding for dairy products and...

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Hungary and Romania to coordinate agricultural diplomacy

Hungary and Romania will coordinate their agricultural diplomacy efforts in the planning and shaping of the EU’s agricultural policy (CAP) – Fazekas Sándor, Minister of Agriculture and Achim Irimescu Romanian...

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Slovenia and Hungary may become partners at the high quality and GMO-free food market

Hungary is at the forefront of GMO-free food production, while Slovenia is strong in the production of high-quality agricultural and food products – Oláh Zsanett CEO of the Hungarian National...

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FM: the widening of the Hungarian-Russian agricultural cooperation to contiue

The widening of the Hungarian-Russian agricultural cooperation will continue – the Ministry of Agriculture told MTI on Monday. According to the information, Nagy István, Parliamentary Minister State of the Ministry...

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Consumer confidence fell in Hungary, as in other 16 European countries

Consumer confidence index decreased in Hungary in the first quarter to 61 points from the 63 points of last year's fourth quarter. Thus, we belong to the seventeen European countries,...

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The European Commission terminated the infringement proceedings in the case of excise duty on pálinka

The European Commission terminated the infringement proceeding that was launched in the case of excise duty on pálinka – the press service of the EU commission announced on Thursday. According...

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Magyar Turizmus Zrt.: Hungary attracts a growing number of Spanish tourists

Hungary attracts a growing number of Spanish tourists. Last year, more than 148 thousand people chose Hungary as a destination, which is a 6.3 percent increase over a year –...

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Economic sentiment improved in Hungary and deteriorated in the EU in January

The economic sentiment index of the eurozone and the European Union deteriorated in January, while improved in Hungary and in the Central and Eastern European countries – it the European...

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A new surtax may come

Designed along the lines of the Polish retail surtax, the Hungarian government may decide about a new measure during the spring, which would provide a more proportional burden sharing for...

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Closer agriculture ties between Kazakhstan and Hungary

Nagy István, Parliamentary Minister of State of the Ministry of Agriculture (FM) negotiated with Szaparhan Keszikbajevics Omarov Kazakhstan’s Deputy Minister of the Agricultural Ministry to tighten agriculture ties between Kazakhstan...

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More and more tourists are coming from the UK

The number of tourists from the UK shows a dynamic growth: in January-August, 606 thousand British guest nights were recorded at the Hungarian commercial accommodations which is close to last...

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Hungary worsened the World Economic Forum's competitiveness list

Hungary is ranked 63rd on the competitiveness list of the World Economic Forum, on the basis of the Global Competitiveness Index (GCI). In last year’s survey Hungary was the 60th...

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Hungary’s fish consumption is lagging behind the EU

The per capita consumption of fish in Hungary is the lowest in the EU – 444.hu wrote. In fact, Hungary only precceedes such countries as Mongolia, Nepal and Ethiopia. Even...

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Hungary is a cheap tourist destination

According to a touristic survey based on figures from the last 4 years Hungary is a cheap tourist destination – 100 euros spent by Austrian tourists worth far more in...

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Hungary is a major beneficiary of EU funds

In terms of funding Hungary remains one of the largest net beneficiary of the EU, over the next seven years – Szűcs Tamás, the Head of European Commission’s Representation in...

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Hungary is one of the largest net beneficiary of the EU's new budgetary cycle

Hungary is one of the largest net beneficiary of the European Union’s new budgetary cycle that lasts until 2020 – Szűcs Tamás, head of the European Commission’s Representation in Hungary...

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Only three EU Members consume less than Hungary

Hungary's GDP per capita is the fifth lowest in the European Union – according to Eurostat’s report that was published yesterday. In personal consumption Hungary is even further back, since...

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Bankmonitor: The savings of the Hungarians are below the Western European average

On average, Hungarians have savings of 2.1 million HUF per capita. This amount is significantly below the Western European average of 23.9 million HUF and significantly lower than the Central...

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