News
Hungary Changes Spain Classification to ‘Yellow’
Hungary has changed Spain’s coronavirus classification from “green” to “yellow”, indicating a higher risk of infection, according to a decision of the chief medical officer published in the official...
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...
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...
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...
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...
Gov’t to Develop Hungary’s Airport System
The government wants all major cities to be attainable, at least by small aircraft, the Parliamentary Secretary of State of the Ministry of Foreign Affairs and Trade, Levente Magyar said. Magyar...
RegioJet to Launch Budapest-Vienna-Brno-Prague Service
Privately-owned Czech railway company RegioJet will start twice-daily service connecting Budapest, Vienna, Brno and Prague from July 31. Hungary’s privately owned Continental Railway Solution will...
New Support Scheme for Hungarian Exporters
The government has introduced a new form of financial support for Hungarian exporters, Péter Szijjártó, the minister of foreign affairs and trade, said in a video message on Facebook on Tuesday. He...
Govt to Launch HUF 2 Billion SME Support Scheme
Hungary’s government is launching a new 2 billion forint (EUR 5.7m) scheme to support small and medium-sized businesses, Péter Szijjártó, the foreign affairs and trade minister, said on Facebook on...
