Tag "Nagy Márton"
Márton Nagy: inflation remains at a low level
In accordance with preliminary government indications, inflation remained at a favorable, low level in October, stated Minister of National Economy Márton Nagy in his commentary on the latest data. In...
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Márton Nagy: Domestic consumption is strengthening
Domestic consumption is strengthening, internal demand and the performance of the dependent sectors are positive, the Hungarian economy is being hit by shocks due to external factors, primarily the decline...
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NGM promises an average salary of HUF 1 million
According to Márton Nagy, the minimum wage of 1,000 euros and the average salary of 1 million forints are achievable, the Minister of National Economy held a meeting on Tuesday...
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Márton Nagy: Hungary is a supporter of neutrality in trade policy
As a supporter of neutrality in trade policy, Hungary opposes the economic blockade of the world, since the way to development would be to ease the division – said the...
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Márton Nagy: there is a boom in tourism in Hungary
There is a boom in tourism in Hungary, never before have so many people vacationed domestically and never before have so many foreign tourists visited Hungary as this year, said...
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SME development: the corporate use of artificial intelligence must be encouraged
The government’s priority goal is to improve the competitiveness of domestic SMEs, and for this the corporate use of artificial intelligence (AI) must be encouraged – said the Minister of...
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Márton Nagy would use administrative means to encourage domestic purchases: what does this mean in practice?
Minister of National Economy Márton Nagy is considering administrative steps to ensure that the Hungarian population prefers to spend its money at domestic rather than foreign-owned merchants – it was...
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Márton Nagy is satisfied with the rate of decrease in inflation
As in the previous months, inflation remained at a low level in line with market expectations in August – Minister of National Economy Márton Nagy evaluated the latest data in...
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Conciliation Forum of Chambers of Commerce: SMEs become the focus of economic policy
On Tuesday, the Conciliation Forum of the Chambers of Commerce held its first autumn meeting, and overall its sixth meeting, which since its establishment in January 2023 – in addition...
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Márton Nagy: slower growth, rescheduled investments and cautious residential consumption are expected
In an interview with Index, Minister of National Economy Márton Nagy spoke about the future of the Hungarian economy, the rescheduling of state investments, and the development of household consumption...
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A new office responsible for food safety and retail trade can be established under the leadership of Márton Nagy
A new top organization called the National Trade Office could be created, which would come under the Ministry of National Economy headed by Márton Nagy, Népszava reported. Consumer protection control,...
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Márton Nagy: a “peace budget” is needed to restart the economy
Economic growth in the second quarter was lower than preliminary expectations, which can be attributed to external factors. The fundamentals of the Hungarian economy are stable and strong, the rebound...
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Márton Nagy: the decrease in inflation in June exceeded all expectations
The targeted measures of the government broke down and suppressed inflation. And measures such as the online price monitoring system generate lively retail competition and support inflation to remain at...
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The Budapest airport is again under national majority ownership
Minister of National Economy Márton Nagy and Nicolas Notebaert, president of Vinci Airports, presented the future objectives and business plan of Budapest Airport at a joint press conference. Through the...
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BCSDH’s “Leaders of the Future” talent program was the winner of the Stimulation of Sustainable Transition award category in the national round of the European Business Development Award
The Hungarian Business Council for Sustainable Development (BCSDH) with its “Future Leaders” talent program won first place in the “Encouraging sustainable transition” category in the national round of the European...
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Márton Nagy is satisfied: the price of eggs decreased by 22 percent, flour by 19.6 percent, dairy products by 11.6 percent, and dry pasta by 10.6 percent compared to the same period last year
Inflation brought down to a low level by the government is good for families and good for the economy as well – stated Minister of National Economy Márton Nagy in...
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Today, the food industry is not “only” a strategic issue, but also a national security issue
Banks play an important role in boosting the Hungarian economy, the rate of which depends on the development of consumption and how long the war in Ukraine will last, said...
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Márton Nagy: artificial intelligence is inevitable
Artificial intelligence (AI) will have an inevitable and increasingly important role, but at the same time, everyone in the global economy is protecting their own technology, and trade wars are...
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Márton Nagy: retail trade and food consumption have picked up, tourism has grown by 15 percent
Economic growth will start again next year: after this year’s 2.5 percent, a 4.1 percent expansion is expected in 2025, the Minister of National Economy said on Wednesday in Debrecen,...
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Márton Nagy: more and more people want to work in Hungary
More and more people want to work in Hungary, said Minister of National Economy Márton Nagy on Saturday in his presentation at the Tranzit spring conference entitled Year of Elections...
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Márton Nagy: inflation collapsed and remained low
Based on the latest data from the Central Statistical Office (KSH), the rate of inflation continued to melt in March 2024, after 3.8 percent in January and 3.7 percent in...
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Márton Nagy negotiated with representatives of the 13 fastest growing domestic companies
On Thursday, Minister of National Economy Márton Nagy received in his office the senior managers of the 13 domestic companies that are among the fastest growing economic companies in Europe...
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Márton Nagy also addressed the alleged expansion of Mere in Hungary
The value of state assets has doubled since 2010, from HUF 11.6 billion in 2010 to HUF 21.8 billion by 2022, and it accounts for 25 percent of GDP, Márton...
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Márton Nagy: the growth of the Hungarian economy at around 4 percent is sustainable
The government expects an economic growth of between 2-3 percent this year, but growth of around 4 percent is achievable and sustainable in the long term in 2025, said the...
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Márton Nagy: the performance of the food industry “will be fine”
We must return to the previous path of convergence and restore financial stability and the balance of the budget, said Minister of National Economy Márton Nagy on Wednesday in Budapest,...
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Márton Nagy: the most important task of tourism is to digitize the sector to the highest possible degree
On Thursday, the Minister of National Economy participated in the formal meeting of the Competitiveness Council of the European Union in Brussels, where, in addition to issues related to competition...
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Minister of National Economy Márton Nagy in the GVH podcast
What factors caused the development of record inflation in Hungary and what is the reason for the rapid reversal of monetary deterioration? For what reasons did food inflation rise and...
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Márton Nagy: the reduction of inflation is due to the choice of the right tools
The rapid reduction of inflation is due to the fact that the government used the best tools, realizing the importance of fiscal and regulatory policy in stopping unfavorable processes, the...
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Márton Nagy: the stagnation of GDP is temporary
According to the data of the Central Statistical Office, in the last quarter of 2023 it increased by 0.4 percent on an annual basis, while the performance of the Hungarian...
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