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Gov’t to Accelerate Hungary’s Economic Recovery with Guest Workers

Hungary Today 2021.07.09.

The Hungarian government has approved seven more measures to accelerate the economic recovery, said Minister of Foreign Affairs and Trade, Péter Szijjártó, during an official visit to Belgrade on Thursday.

The measures were proposed by the operative board for coordinating the economic recovery, which Szijjártó heads.

The first two measures will help to attract skilled laborers from non-EU countries that are not among Hungary’s neighbors to work in Hungary through temporary staffing agencies, he said.

Govt Approves Economy Operative Board Proposals
Govt Approves Economy Operative Board Proposals

The government decided to expedite 17 infrastructure investments necessary for job-creating investments by businesses.Continue reading

The government wants to create a skilled temporary workforce under strict conditions.

Another measure eliminates all bureaucratic hurdles for accessing subsidies for workplace creation job subsidies if companies hire registered job-seekers, he added.

The measures also cut notary fees for SMEs taking out loans by 50 percent, and reduce the cost of archaeology work required before investments can start, he said.

The government cleared a Magyar Eximbank program to finance Hungarian companies’ acquisitions abroad and another to support environmentally-friendly and sustainable investments, he added.

Featured photo via Szijjártó’s official Facebook page