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competitiveness

Veronika Varga-Bajusz delivers her remarks at the opening of the summer university in Budapest on 26 July 2023.

Pécs University Event Looks at Successes and Challenges of Hungarian Higher Education

Speaking at the festive senate meeting marking the start of the academic year at the University of Pécs on the Day of Hungarian Higher Education, State Secretary Varga-Bajusz noted that higher education serves students, families, teachers, the Hungarian economy, and…

‘Europe is losing competitiveness at an enormous pace’ – An Interview with Former Austrian Chancellor Sebastian Kurz

‘At the moment, there seem to be many priorities, ranging from transgender issues to the fight against climate change. However, the focus on making the European Union a competitive, attractive place to do business and fostering the best or most…

Hungarian Economic Growth Remains Among Best in EU

The Hungarian economy grew by 1.3 per cent in the second quarter of 2024, remaining above the EU average. The countries of the eurozone are expected to continue weakening, especially the German economy, which is not a good sign for…
Illustration

A Deeper Insight into the EU Artificial Intelligence Act

Given the uncontrollable nature of AI and its potential to shape social perception, legislative action in this area has been long awaited. The European Union, recognizing the urgency and importance of this issue, has been at the forefront with its…

Hungarian EU Presidency Is within Reach — Priorities and Challenges

Hungary begins its six-month rotating presidency of the Council of the European Union on 1 July during a period of extraordinary circumstances and challenges. During its presidency, Hungary aims to focus on seven priorities to answer the EU’s most pressing…

Balázs Orbán: Hungary Prepares for a Transformative EU Presidency

According to Prime Minister’s Political Director Balázs Orbán, the EU presidency is an opportunity that can be utilized to make Europe stronger and to represent Hungarian national interests as effectively as possible at the EU level….

‘Making the European Union competitive again will be Hungary’s top priority’ during EU Presidency, State Secretary Says

Barna Pál Zsigmond went on Hungarian public media to talk about Hungary’s upcoming presidency of the Council of the European Union. He named restoring Europe’s economic competitiveness and advancing the Western Balkan nations towards EU accession as the administration’s two…

Fitch Ratings Report Highlights Eximbank’s Strategic Role in Export Financing

Fitch Ratings confirmed Eximbank’s investment-grade rating. The bank’s senior unsecured bonds also received a ‘BBB’ rating. The bank’s international rating matches Hungary’s sovereign rating due to EXIM’s statutory full faith and credit guarantee provided by the Hungarian state, as noted…

Hungary Prepares for EU Presidency With an Eye on Boosting Competitiveness

One of the main priorities of the Hungarian EU Presidency, which starts in July, is to increase the EU’s competitiveness. Preparations are already well underway, and on Tuesday, Hungarian Prime Minister Viktor Orbán met with the leaders of the European…
Man instals solar panels (illustration, Pexels)

Energy21 Initiative Highlights Positive Developments in Hungary’s Energy Efficiency

According to the E21 initiative, recently launched with the participation of public, scientific, and economic experts to support Hungary’s green transition, the government’s Energy Efficiency Obligation Scheme incentivizes designated participants in the domestic energy market to save energy. Improving energy…

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