Finance Minister and banking association leaders discuss lending incentives
Finance Minister Mihály Varga has met with the heads of the Hungarian Banking Association to discuss guarantee programmes and lending incentives, the finance ministry said. The sides also discussed the operation of bank branches, streamlining administrative procedures...
Before the Coronavirus: Construction Sector Output Grows 2.5% in February
Output of Hungary’s construction sector grew by 2.5 percent year-on-year in February, data released by the Central Statistical Office (KSH) on Thursday show. Output of the building segment was up 1.6 percent, while civil engineering output increased by 4.2 percent....
Coronavirus: Gov’t to Launch New Export Support and Investment Promotion Scheme
Hungary’s government will introduce a new export support and investment promotion programme, the foreign affairs and trade minister said after a cabinet meeting on Wednesday. The scheme will see Hungary’s Eximbank launch three new products for businesses, Péter...
Carmakers Ready to Restart Production in Hungary
Carmaker giant Opel’s plant in Szentgotthárd, western Hungary, is prepared to restart production after stepping up health safety measures, with the timing depending on the situation of the automotive industry market and possible further restrictions to contain the...
