Exports Continue to Grow in October
Hungary’s exports edged up 0.1% year-on-year to 10.190 billion euros in October, growing for the second month in a row after contracting since the start of the pandemic, a second reading of data released by the Central Statistical Office (KSH) shows. Imports declined...
Central Bank Launches Consultation on Green Recommendations
The National Bank of Hungary (NBH) said it started public consultations on a draft of green recommendations it is making to lenders to manage environmental risks. One of the requirements in the draft is that banks identify environmental risks related to climate change...
A multifunctional event center in Hajdúszoboszló will be built for eight billion forints
Tourism development of HUF 8 billion will start in Hajdúszoboszló, the government will provide HUF 400 million for the preparation of the investment, the Secretary of State for Employment Policy of the Ministry of Innovation and Technology (ITM) announced at an online...
Gov’t Extends Support for Tourism, Catering Companies until end-January
The government will continue to cover half of wage costs and waive payroll taxes at companies in the hard-hit tourism and catering sectors until the end of January, Finance Minister Mihály Varga said on Facebook on Tuesday. The measure will preserve 140,000 jobs in...
