According to Mihály Varga, Hungary can be one of the winners of the green transition
Hungary has the financial means to be one of the winners of the green transition of the world economy – Mihály Varga stated in a press release from the Ministry of Finance (PM) at the finance minister’s round table held at the UN Climate Change Conference in Dubai.
According to the announcement, the finance minister said: “if we want to be successful, green energy must be produced and stored, and the Hungarian government will seize every opportunity in this regard.”
Hungary has achieved significant results in the fight against climate change, which speak for themselves: it is one of the few states that, since 1990, has been able to increase its industrial production while reducing emissions, the head of the ministry pointed out. However, it is clear that the future of the Hungarian economy is green energy: we must continue to transform the economy into a modern, sustainable economy, which is also a serious competitiveness factor. The new world economic order, the green world economy, is born in the competition between national economies and companies, and since Hungary caught on to green investments in time, it will participate in the competition with good chances, the minister added.
Related news
Companies can save significant amounts of money with a credit check
A credit check is a special financial analysis process, within…
Read more >Economic recovery expected to be slow – latest DUIHK survey
The German-Hungarian Chamber of Commerce and Industry (DUIHK) presented its…
Read more >New economic “action plan”: Is it realistic to further increase household loans?
An unfortunate consequence of the domestic housing crisis is that…
Read more >Related news
Why are parcel locker providers getting stuck? This data points to the reasons
Parcel terminals are becoming increasingly popular: this year, nearly three-quarters…
Read more >Using 30% less materials would be a solution to the climate crisis
The circular economy is a global imperative: it transcends geographical…
Read more >Sustainability and health: the rise of plant-based dairy products in Hungary
In recent years, plant-based dairy alternatives have gained significant popularity…
Read more >