Hungary Ready to Start Reopening Economy in May
Hungary’s timely response measures to the novel coronavirus outbreak have successfully slowed the virus’s spread, and the country is ready to embark on a gradual reopening of the economy early next month, the innovation and technology minister has said. Thanks to the...
Coronavirus: Hungary-Serbia Re-open 3 Border Crossings for Commuters
Three crossing points have re-opened for commuters at the Hungarian-Serbian border, Foreign Minister Péter Szijjártó said on his Facebook page on Thursday. Hungarian and Serbian nationals who work or have land to farm on the other side of the border can cross at...
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....
