Govt launches HUF 7.3bn support scheme for green economy capacity upgrades
Finance Minister Mihály Varga on Monday announced a tender for 7.3 billion forints (EUR 21m) in European Union and state grant money to support green economy capacity developments. Companies may apply for grants of between 20 million and 400 million forints to acquire...
Govt to Offer HUF 100 Bn of 0% Credit to Hard Hit Tourism Companies
Hungary’s government will offer microbusinesses and SMEs in the tourism sector 100 billion forints (EUR 290m) of 0 percent free-purpose credit from September, the head of the Hungarian Tourism Agency told MTI on Saturday. Zoltán Guller said companies that do all of...
Mass Event Restrictions to Remain in Place After August 15th
The government’s aim is to prevent a second wave of the novel coronavirus epidemic and has decided to maintain the current level of restrictions, said Gergely Gulyás, the head of the Prime Minister’s Office. In April, the government announced that events larger than...
Consumer, Business Confidence Continues to Improve in July
Economic research institute GKI’s combined gauge of consumer and business confidence rose to -18.2 points in July from -20.5 points in the previous month as consumer confidence improved but businesses became only slightly more optimistic. GKI’s measure of confidence...
