Economy & Policy
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SMEs can be the driving force of economic growth
So far, economic growth has been largely based on the expansion of the workforce, but this must be replaced by…
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Debrecen airport to get HUF 3.1 billion expansion
Since it began scheduled flights in 2012, traffic at Debrecen’s airport has been steadily increasing, with 600,000 passengers passing through…
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BMW is recruiting for its plant in Debrecen
BMW has started recruiting employees for its plant in Debrecen. Plans call for 1,000 positions to be filled in tax,…
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Foreign minister praises Hungary’s economic growth over the past 10 years
Hungary’s foreign minister has highlighted how the country “became first from last” in terms of economic growth in the European…
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Hungarian government launches initiative to improve competitiveness of SMEs
The Hungarian government has called a tender for HUF 1.5 billion (EUR 4.5 million) in funding to help manage generational…
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Hungary to focus on a stronger economy
At his press conference last week, Prime Minister Viktor Orbán began with the economy, stating that the government aims to…
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Hungary’s family tax system is ten years old and will continue to grow
Hungary’s family tax system is expanding year by year, with the tax allowance for families with two children doubling in…
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Finance Minister: New measures to protect the economy have come into effect
New measures to protect the economy, alongside targeted tax cuts, have now come into effect. Mihály Varga, Minister of Finance,…
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László György: “The main objective of economic policy is to create dignified living conditions”
What does “balanced economy” mean, and is the Hungarian economy balanced or do we need to take further steps to…
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Katalin Novák elected Vice Chairman of the International Women’s Democratic Union
The International Democratic Union (IDU) held its semi-annual meeting in the US capital last week. Katalin Novák gave a rousing…
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