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Economics minister Mihály Varga speaking at the assembly of the Hungarian Association for Innovation | source: Hungarian Ministry for National Economy

Hungary must become an innovation hub

D&T
May 20, 2014

The Hungarian government will do everything in its power to help Hungary turn into not only a production but an innovation centre, Minister for National Economy Mihály Varga said at the general assembly of the Hungarian Association for Innovation.

The Minister stated that Hungary is in possession of those capacities and opportunities that are essential for assuming a leading role in innovation. In his opinion, economic policy needs two instruments to achieve this end: the stability of economic performance must be maintained and rebounding economic growth must be underpinned.

The objective of the government is to have at least 20 world-class innovation centers until 2018, the end of the current government term, and at least thirty by the end of the decade, Mihály Varga stressed.

D&T

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