Gov’t to Allocate HUF 150 Billion to Developments in Tourism
The government is allocating another 150 billion forints (EUR 423.7m) to the full revamping of tourist accommodations and other developments, the head of the Hungarian Tourism Agency said on Tuesday. All privately-owned accommodations will receive one million forints...
Gov’t to Facilitate Creation of 70,000 Jobs
The government has decided to launch a programme aimed at providing companies with a wage subsidy to promote job creation, a state secretary at the innovation and technology ministry, told an online press conference on Monday. Sándor Bodó said that the programme,...
Gov’t Almost Triples Investment Funding for Large Companies in 2020
The Hungarian government is raising its total investment funding for large companies from 15 billion forints by 25 billion to 40 billion forints (EUR 113.9m) in 2020, to help offset the economic fallout in the wake of the coronavirus epidemic, Finance Minister Mihály...
Hungary to Set up Plant to Produce Vaccines
Hungary plans to set up a vaccine plant in order to become independent from outside sources, Chief Medical Officer Cecília Müller announced at the Operative Board’s press conference on Friday. On Friday, the National Public Health Center (NNK) signed an agreement with...
