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Monday 25 Sep 2017
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Budapest To Host 2017 World Export Development Forum
Budapest has been awarded the right to host the World Export Development Forum in 2017, Hungary’s foreign minister told MTI. Péter Szijjártó, who is attending the 16th forum in Sri Lanka, said winning the right to host the next one was a major commendation for Hungary, an open economy whose strength depends greatly on investments and exports. more »
Official: Hungary’s Economic Outlook Bright
Hungary’s economic outlook looks promising, an economy ministry official told a news conference on Thursday. Ágnes Hornung, state secretary for financial affairs, said that in spite of a dip in the uptake of European Union funds, the economy was expected to grow by above 2 percent this year. more »
Budgetary Discipline Key To Restoring EU Competitiveness
Hungary and Germany agree that restoring the European Union’s competitiveness is of key importance, and this can only be achieved if all member states go back to respecting budgetary discipline, Foreign Minister Péter Szijjártó told German conservative daily Die Welt in an interview published on Wednesday. more »

Hungary Could Need EUR 3.8 Bn New Borrowing In 2017


Hungary Could Need EUR 3.8 Bn New Borrowing In 2017
The gross financing requirement for 2017 of the Hungarian state will be 7.844 trillion forints (EUR 25.4bn); of this amount, 1.166 trillion forints will represent new borrowing while 6.678 trillion forints will be needed for credit renewals, Economy Minister Mihály Varga and Government Debt Management Agency (AKK) CEO György Barcza announced at a press conference on Wednesday. more »

Govt To Introduce Measures To Boost SME Growth


Govt To Introduce Measures To Boost SME Growth
The government is launching a programme to help boost growth in productivity and efficiency among small and medium-sized companies (SME), economy ministry state secretary István Lepsényi said on Thursday. more »

Hungary’s Economy Minister Sees No Need For ‘Magic Tricks’ To Manage Debt


Hungary’s Economy Minister Sees No Need For ‘Magic Tricks’ To Manage Debt
A forint/euro exchange rate in the 310-315 range is slightly weaker than what the economy ministry had anticipated, but this does not affect the government’s debt reduction strategy, and there is no need for “magic tricks”, Economy Minister Mihály Varga told the Thursday edition of weekly Figyelő. more »



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