Szijjarto: Hungary among winners of new economic era in Europe

Hungary is among the winners of the transition to the electric car industry, and therefore of the new economic era in Europe, thanks to the government developing the best possible cooperation with market players, the foreign minister said on Monday.

Orbán: ‘Prosperous businesses crucial for prosperous country’

"The private success of Hungarian entrepreneurs is a precondition for the country to be successful, therefore the government is not jealous - on the contrary, it wishes each entrepreneur even more success, even more profit and further increasing assets," Prime Minister Viktor Orbán said.

Minimum wage agreement signed

Unions and employers associations signed on Monday an agreement to raise the minimum wages, the economic development ministry said. The agreement was signed by all members of the VKF, a forum of employers, unions and the government, with the exception of unions association MASZSZ.

Employers, employees reach agreement on minimum wage hike

The government will raise the minimum wage by 15 percent to 266,800 forints (EUR 709), while the minimum wage for degree holders will increase by 10 percent to 326,000 forints from next month, the economic development minister said in a statement on Thursday.