Tough Times Ahead for Economy in Hungary, Says Finmin Varga

  • 5 Dec 2022 7:10 AM
  • Hungary Matters
Tough Times Ahead for Economy in Hungary, Says Finmin Varga
Hungary’s economy and its players must prepare to perform in an increasingly difficult international environment, Mihály Varga, the finance minister, told an annual event of the National Association of Businesses and Employers (VOSZ) in Budapest.

 The Hungarian government’s goal is to sustain the country’s economic growth which requires measures that include protecting jobs and local businesses, Varga told the 23rd Entrepreneurs’ Day business event.

The government will continue to take these protective measures in future, too, he said.

“We hope that cooperation with businesses will help the country emerge stronger from the current crisis triggered by the war in Ukraine and related sanctions, just as it was the case in the previous two crises,” said Varga.

  • How does this content make you feel?

XpatLoop Media Partner

Hungary Matters

Launched in January 2014, this newsletter published on week days covers 'everything you need to know about what’s going on in Hungary and beyond', according to its publisher the state media agency MTI.

Explore More Reports