Economy & Policy
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New Hungarian measures to restart the economy
Minister of Finance Mihály Varga stated that JP Morgan’s estimated decline of 6 percent for the Hungarian economy will not…
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Hungarian economy expected to grow in 2021
An analyst at the research foundation Századvég, Gábor Regős, says Hungary’s economy will contract by almost 3 percent this year…
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Economic protection measures work
In a recent interview, State Secretary of the Ministry of Innovation and Technology László Györgypointed out that the government’s recently…
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HUF 25 billion allocated for the national export protection program
A national export protection program with a budget of HUF 25 billion will be launched within the framework of the…
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HUF 377 billion to be invested via competitiveness-enhancing subsidies
The 806 companies receiving state funding through the government’s competitiveness-enhancing subsidies have committed to invest HUF 377 billion in the…
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Hungary will achieve full climate neutrality by 2050
Hungary is at the forefront of the EU’s emissions reduction targets. By 2030, it is expected to be one of…
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Rural NGOs can receive up to HUF 6 million
Non-governmental organizations operating in settlements with less than 5,000 residents can apply for development funding of up to HUF 6…
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Hungary’s green bonds prove popular
PM Orbán presented his new climate action plan during his annual assessment speech in mid-February. As part of this, the…
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5 percent housing VAT returns for urban brownfield areas
The government has approved the city’s home creation program, announced Balázs Fürjes, the state secretary responsible for the development of…
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Foreign Minister inaugurates new IH training center
The foreign minister has said that training of staff at the Information Office (IH), Hungary’s civilian intelligence agency focused on…
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