Hungarian Conservative

Minister for National Economy Márton Nagy presented the new competitiveness strategy for 2024⁠–⁠2030 adopted by the government at a press conference held in Budapest on Monday. According to him, economic growth between 2 to ⁠3 per cent is expected this year.

The agency expects substantial foreign investments in battery production to further attract funding, leading to increased job creation, technological advancements, and enhanced exports. Scope Ratings emphasized that Hungary’s BBB credit ratings are reinforced by the robust structure of external and public liabilities.

In a telephone interview with Hungarian state news agency MTI, Judit Varga, referring to Ukraine’s planned EU integration, highlighted that the Western Balkans countries have been waiting for EU membership for two decades, and called for an approach based on merit in the accession process, avoiding double standards and expedited pathways.

Secretary Zsigmond expressed concerns over the slow progress in holding representatives accountable for misusing hundreds of thousands of euros. He also highlighted contradictory reports and voting patterns of these representatives against Hungary in the European Parliament,

Speaking at a conference on defence industry supplier development held at the Bálna Defence Centre, Kristóf Szalay-Bobrovniczky pointed out that in pursuit of advancing the defence industry, strategic agreements have been concluded with several major international players, including German, Norwegian, French and Turkish companies.

The growing threat of terror in Europe is a direct consequence of the migration policy forced by Brussels, which has resulted in parallel societies in a number of Western European countries, the Hungarian foreign minister said. He also noted the sanctions against Russia, which he said resulted in ‘a continual crisis of energy security’.

In his meeting with the President of the European Council, Orbán reiterated Hungary’s position on issues such as EU funds for Hungary, the increasingly serious migration crisis at the continent’s borders, Europe’s economic and competitiveness decline, and the EU budget.