Economy Minister Announces Plan to Tackle Recession Hungary's government aims to avoid recession with an eleven-point action plan and new loan programs, according to the minister of... 2022.12.08.
EMAG to Carry Out Huge Warehouse Investment in Hungary Hungary's leading e-commerce service provider, eMAG - Extreme Digital is building a huge warehouse in Dunaharaszti, near Budapest. The company’s... 2022.06.24.
Finance Minister: Economic Cabinet Decides on HUF 750 BN of Tax Cuts The economic cabinet has decided on 750 billion forints (2.044 billion euros) of tax cuts, with payroll taxes to be... 2021.11.13.
LMP Assurance for Representation of Green Issues, Party Co-leader Says LMP and the party's Green Guarantee programme, is the assurance for representation of green issues, the opposition party's co-leader said... 2021.10.11.
Hungary, Germany Partner on Eur 14 M in Research and Development Support for SMEs The innovation portfolios of the governments of Hungary and Germany are partnering on a 14 million euro grant program to... 2021.09.30.
Govt Pledges HUF 200 Bn to Boosting Business Productivity The government will invite bids to disburse 200 billion forints (EUR 558.9m) in support of boosting the productivity of micro,... 2021.07.10.
Gov’t to Fund SMEs’ Digital Development The government is allocating 200 billion forints (EUR 574.1m) to funding the digital and technological development of micro, small and... 2021.06.14.
IT Ministry: Hungary Contributing to Western Balkans Development Hungarian businesses and higher education institutions are making good progress in developing innovative solutions that will be used to help... 2021.03.17.
Finance Minister Projects 4-5% Economic Growth in 2021 The government projects 4-5 percent economic growth in 2021 thanks to support to be paid for economic recovery this year,... 2021.02.08.
Orbán: Gov’t’s New Action Plan Targets Economy Reopening As part of its action plan to relaunch the economy after the coronavirus pandemic, the Hungarian government has decided to... 2021.02.04.
Socialists: Govt ‘Supports Multinationals Instead of Protecting Jobs’ The opposition Socialists (MSZP) believe the government is "throwing free money" at multinational companies instead of defending workplaces under threat... 2021.01.18.
LMP: PM Orbán ‘Tormenting’ Municipalities and Small Businesses The question is not whether or not Prime Minister Viktor Orbán has been victorious in Brussels but how Hungary will... 2020.12.14.
LMP on Suspending Local Business Tax: Gov’t Wants to ‘Choke’ Local Councils Opposition LMP believes the government doesn't want to help small- and medium-sized enterprises by suspending the local business tax, rather... 2020.11.23.
Deutsch: EC President Breaks with Predecessor’s Positions on Many Issues Ursula von der Leyen, the president of the European Commission, has broken with the positions represented by her predecessor Jean-Claude... 2020.09.17.
Coronavirus – Gov’t Launches HUF 7 Billion 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... 2020.08.03.
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,... 2020.07.18.
Coronavirus: First Tenders for Rechannelled EU Funding Called The first tenders for European Union funding earmarked for economic development that has been rechannelled to measures that aim to... 2020.05.14.
Coronavirus: MSZP Demands Hazard Pay for Frontline Workers, Extension of Jobseeker’s Allowance to 9 Months The Socialist Party will launch an online petition calling for testing for the novel coronavirus in retirement homes and work... 2020.04.30.
Coronavirus: LMP Calls on Gov’t to Divert EU Funds to Crisis Management Opposition LMP on Wednesday said Hungary should divert the funds it receives from the European Union towards mitigating the economic... 2020.04.29.
Saving Hungarian Small Businesses from Viral Damage What will happen to Hungarian small businesses as this corona-induced recession continues for the indefinite future? This is the question... 2020.04.24.
Coronavirus: DK Calls on Gov’t to Cover 40% of SME Rents The opposition Democratic Coalition (DK) is calling on the government to cover 40 percent of the rent payments of small... 2020.04.23.