ministry of national economy

19/11/2024

Capping service fees: A new era for Hungary’s catering industry

The Hungarian Tourism Agency said government proposals on service fees and tips would strengthen the competitiveness of the catering sector in a statement issued on Tuesday. #tax #tipping #servicefees #restaurant #catering
18/11/2024

New initiative aims to assist first-time homebuyers in Hungary

The Hungarian Banking Association said it was a "partner" in efforts to help young Hungarians buy their first home in a statement issued on Monday. #housing #realestate #mortgage
13/11/2024

Hungarian government introduces zero-interest loans for young Hungarian workers as part of new economic policy

The National Economy Ministry announced the launch of public consultations on a government scheme to offer young Hungarian workers zero-interest loans. #loan #workers #economy
12/11/2024

Hungarian national economy minister meets with banking association representatives

National Economy Minister Márton Nagy met with representatives of the Hungarian Banking Association on Tuesday to discuss lenders' participation in a government stimulus programme. #economy #szépcard #loan
21/10/2024

International Product Safety Week: Hungarian ministry takes forward-looking approach to ongoing initiatives

The International Product Safety Week involved over 600 experts from 70 countries who discussed topics such as the role of product safety in the circular economy:
19/10/2024

Hungarian ministry launches campaign against webshops and courier companies

Some parcels have not been delivered to customers for weeks, and customer services are often unavailable or complaints are not handled properly, causing serious harm to a wide range of consumers. #webshop #shopping #delivery
14/10/2024

Big changes are coming: Orbán cabinet presents a deregulation package for tourism

Big changes are coming to the Hungarian market, which will also affect short-term rentals in city centres (e.g. AirBNB)
11/10/2024

National economy minister: Hungarian government targets rapid wage convergence

The government targets a rapid wage convergence, paired with GDP growth of 3-6pc, from next year, the national economy minister said. #economy #wage
07/10/2024

Modest retail sales growth in Hungary, decreasing trade surplus, but ministry still celebrates

The performance of the Hungarian economy remains questionable, but the ministry is positive about the future:
02/10/2024

Hungarian ministry launches consumer protection investigation due to unfair contract terms by car sellers

New car sellers are writing their responsibility for late deliveries out of contracts and including conditions allowing price increases upon handover.
17/09/2024

National Economy Minister points to need for promoting use of AI among businesses

"While big companies in Hungary are only a little behind the #EU average in corporate digitalisation, local #SMEs have catching up to do and need to be encouraged to use #AI"
12/09/2024

Is Revolut opening a branch in Hungary?

National Economy Minister Márton Nagy met with executives of Revolut Bank. #economy #bank #Revolut #MNB
12/09/2024

Orbán cabinet targets ‘significant’ minimum wage rise for 2025

The government aims for a "significant" increase in the minimum wages for skilled and unskilled workers next year. #government #wages #salary #work #labour
11/09/2024

Long-awaited moment: Liberty makes payroll at Dunaújváros steelworks

Indian-owned steelworks Liberty Dunaújváros has paid over 3,000 employees their wages for August, on time, plus a one-off HUF 150,000 bonus, the National Economy Ministry said on Tuesday. #Dunaferr #steelworks #economyministry
10/09/2024

Hungarian economy minister highlights need to bolster SMEs

National Economy Minister Márton Nagy stressed the need to strengthen Hungarian-owned SMEs. #economy #business #SMEs
10/09/2024

Hungarian economy minister: Government to support reconstruction of Miskolctapolca cave spa

According to Nagy, the government would do everything in its power to help with the reconstruction of the Miskolctapolca cave spa. #fire #spa #bath #accident
30/07/2024

Minister for National Economy: ‘Peace budget’ needed to restart Hungarian economy

He said this autumn the government would be able to submit a "peace budget" to parliament. #finance #budget #MinistryofNationalEconomy #economy
10/06/2024

Hungarian government reports deficit increase, minister sees positive impact of inflation figures

Inflation is clearly accelerating, in such circumstances it is strange to talk of it "collapsing"...
14/05/2024

Hungary’s Minister of Economy talks about cooperation between Hungary and the German automotive industry

Cooperation between Hungary and the German automotive industry played a decisive role in this, he said. #Germany #economy #EUpresidency #Márton Nagy
07/05/2024

Retail sales in Hungary grow by an adjusted 4.2 pc y/y in March

The latest data on retail sales in Hungary are out