Tag "Varga Mihály"

Mihály Varga: the Hungarian economy successfully received the last credit rating of this year

“This year alone, the credit rating agencies have assessed Hungary 12 times, and despite the deterioration of external conditions, they have kept our country in the investment grade category every...

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Mihály Varga: From 2025, the economy can be on a higher growth path

After four difficult years, starting from 2025 next year, the Hungarian economy can return to the growth rate of the pre-pandemic period, for which a disciplined fiscal policy provides an...

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Mihály Varga: the prospects for the Hungarian economy are good

The prospects for the Hungarian economy are good, the current moderate economic growth is accelerating – said Minister of Finance Mihály Varga at the closing plenary session of the 62nd...

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Mihály Varga: standing on more than one foot is one of the keys to the success of the Hungarian economy

One of the keys to the success of the Hungarian economy is standing on more than one foot, to which modern industry, research and development and the green economic transition...

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Mihály Varga: the sovereignty of the Hungarian economy and the domestic food industry must be strengthened

The future of Europe can be secured with equal, sovereign member states, which is why the government continues to work to strengthen the sovereignty of the Hungarian economy. One of...

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Mihály Varga: the economy is entering a phase of intensive development

Having closed the extensive era, the Hungarian economy is increasingly moving into the phase of intensive development, when the added value increases significantly, said the Minister of Finance in Kaposvár,...

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Mihály Varga: the Hungarian economy is back on the growth track

The Hungarian economy returned to the growth path in the first three months of the year, GDP increased by 1.7 percent on an annual basis and by 0.8 percent compared...

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Mihály Varga: from the point of view of sovereignty, the development of the food sector is crucial

From the point of view of Hungary’s sovereignty, the development of the food sector is a key area – stated the Minister of Finance at the handover ceremony of the...

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Mihály Varga: the prospects for the Hungarian economy are favorable

The prospects for the Hungarian economy are favorable, economic growth could be 3-4 percent next year, the Minister of Finance said at an international economic forum in Budapest on Thursday....

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Mihály Varga: it is too early to talk about joining the Eurozone

According to Finance Minister Mihály Varga, it is too early to talk about Hungary joining the Eurozone. On Saturday, at the Tranzit festival in Tihany, the head of the ministry...

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The government submitted next year’s tax laws: price increases are coming for cigarettes and fuel!

In accordance with his promise, Minister of Finance Mihály Varga submitted a tax bill to the parliament last week, which will bring significant changes to the tax system next year....

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Mihály Varga: Karcag will be the center of Europe in the quick-frozen vegetables and fruits marke

From today, Karcag will be the center of Europe in the market for quick-frozen vegetables and fruits, thanks to the capacity expansion investment that AgroSprint Zrt. implemented in the city...

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Mihály Varga: the government will introduce the extra profit tax in 2024

Next year, the government expects to remove the extra burdens, as previously promised, the Minister of Finance stated at the 34th annual board meeting of the Hungarian Bank Association in...

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Mihály Varga inaugurated the gluten-free pasta production plant of Civita Group Zrt., a family business

The Hungarian economy is built on persistent, committed families and strong businesses, the Minister of Finance said on Friday in Monostorpályi, Hajdú-Bihar County, where he inaugurated the family-run Civita Group...

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Mihály Varga: industry, retail and services also expanded

The Hungarian economy is resisting the harmful effects of the war and sanctions, as it grew by 4.1 percent in the third quarter and 6.1 percent in the first 9...

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Mihály Varga: it is favorable that Fitch Ratings confirmed Hungary’s rating despite the war crisis

It is good that Fitch Ratings has confirmed Hungary’s classification despite the war crisis and European recession fears, and continues to recommend Hungary for investment with a stable outlook –...

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One of the most modern sanitary paper plants in the world was expanded

Vajda-Papír’s paper factory in Dunaföldvár has been expanded with the second factory unit. The new factory unit, which was completed during the 15-month investment worth HUF 16 billion, was handed...

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Mihaly Varga: The year will not be easy

The year will not be easy due to uncertainties, but the government is working to ensure that life continues in the safest conditions, Mihály Varga said on Tuesday in Gyenesdiás....

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Agriculture was not great last year

It can be said that the Hungarian economy has split in 2021, which is no better shown than the fact that, according to the KSH, growth reached 7.1 percent last...

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Mihály Varga: Hungary must be kept at the top of the EU growth rankings

In the coming years, Hungary must be kept at the top of the EU growth rankings in order to regain its pre-pandemic development advantage as soon as possible, the Minister...

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Mihály Varga: Fitch Ratings says the relaunch of the Hungarian economy is a success

Fitch Ratings has confirmed Hungary’s rating, and according to the rating agency, the relaunch of the Hungarian economy is a success, Finance Minister Mihály Varga wrote on his Facebook page...

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(HU) A Pécsi Sörfőzde napelemparkot telepített kormányzati támogatással

Sorry, this entry is only available in HU....

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Mihály Varga talks about tax cuts on his Facebook page

This year and next year, the amount of tax cuts could reach HUF 1,500 billion, Finance Minister Mihály Varga wrote in a post on his Facebook page on Friday....

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Investments are on historical peak

The volume of investments rose to an unprecedented level in the second quarter, when 2,760 billion HUF worth of development was implemented in Hungary, Minister of Finance Varga Mihály said...

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Varga Mihály: the higher level of inflation is temporary

The higher level of inflation is temporary, if the central bank uses its existing assets, then inflation may return to the 3 percent range in 2022, the Minister of Finance...

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Mihály Varga: the value of the Weekly Economic Index has been positive for 18 weeks

The Weekly Economic Index (HGI) has been positive for 18 weeks, showing an extra 8.8 percent between July 11 and 18, 1.6 percentage points higher than the previous week’s figure,...

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Varga Mihály: Hungary no longer needs foreign suppliers in the field of disinfectants either

Florin Zrt., a manufacturer of disinfectants, has expanded its capacity with a 2 billion HUF contribution from the Health Industry Support Program, so Hungary no longer needs foreign suppliers in...

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Varga Mihály : the economy may grow by 12-14 percent in the second quarter

According to the data followed by the ministry on a weekly basis, the double-digit economic growth forecast for the second quarter, at around 12-14 percent, is justified, Mihály Varga Minister...

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Varga Mihály: the government supports the investments of food industry companies with 1.5 billion HUF

Within the framework of the Economic Restart Action Plan, the government will contribute 1.5 billion HUF to the 2.6 billion HUF investment of three food companies from the still free...

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Varga Mihály: the Weekly Economic Index indicates the resumption of the Hungarian economy

The resumption of the Hungarian economy is indicated by the Weekly Economic Index developed in the Ministry of Finance, wrote Minister of Finance Varga Mihály on his community page. He...

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