News
Gov’t Almost Triples Investment Funding for Large Companies in 2020
The Hungarian government is raising its total investment funding for large companies from 15 billion forints by 25 billion to 40 billion forints (EUR 113.9m) in 2020, to help offset the economic...
Hungary to Set up Plant to Produce Vaccines
Hungary plans to set up a vaccine plant in order to become independent from outside sources, Chief Medical Officer Cecília Müller announced at the Operative Board’s press conference on Friday. On...
Govt Earmarks over HUF 400 bn for Epidemic Response, says Minister
Hungary’s government has earmarked over 420 billion forints (EUR 1.2bn) in development funding for its economy protection scheme aimed at offsetting the economic fallout of the novel coronavirus...
Coronavirus: Gov’t Details Eased Restrictions
Eased curfew restrictions for areas of Hungary outside Budapest and surrounding Pest County, where Covid-19 infection rates are the highest, have been published in the official gazette Magyar...
Wizz Air to Restart 16 Flights from Budapest in May
Budapest-based low-cost airline Wizz Air is restarting 16 flights from Budapest early in May, while flights from Debrecen, eastern Hungary, are expected to resume in June, the airportal.hu website...
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...
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...
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...
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...
