News in Brief Government grants HUF 50 billion to support Hungarian health sector Jan 14, 2021 The finance minister said the focus is on manufacturing rubber gloves, masks, medicines, disinfectants, ventilators and other medical equipment.
News in Brief Hungarian government extends corporate investment support scheme Jan 12, 2021 Finance Minister Mihály Varga said the government’s goal is to make 2021 a year of economic growth for Hungary.
News in Brief Government will spend HUF 4,265 billion on the development of Hungary's rural areas Jan 12, 2021 Through the European Union's common agricultural policy (CAP), the government will spend HUF 4,265 billion (EUR 11.8bn) on the development of Hungary's rural areas, its agriculture and food industry until 2027.
News in Brief Government invests in development of Covid-19 testing laboratory Jan 07, 2021 The foreign ministry and HIPA National Investment Agency have granted SYNLAB Hungary Kft HUF 140 million (EUR 390,000) for developments related to coronavirus testing.
News in Brief Hungarian government to launch its biggest ever home creation scheme this year Jan 04, 2021 Katalin Novák, the minister for family affairs, has announced a number of new initiatives to help Hungarian families throughout 2021.
News in Brief Five Hungarian healthcare businesses receive government support Dec 16, 2020 Further contracts are planned to be signed under the scheme, and the aim is to allocate a total of HUF 50 billion through tenders.
News in Brief Hungarian government extends aid to tourism sector Dec 10, 2020 One of the sectors hit hardest during the coronavirus pandemic will continue to receive aid from the government.
News in Brief Government announce HUF 7 billion tender to support fashion and design industry Nov 25, 2020 The Hungarian government has announced a HUF 7 billion (EUR 19.4m) tender to support the competitiveness of Hungary’s fashion and creative industry.
News in Brief Hungarian government to reimburse catering and hospitality sector for lost COVID revenue Nov 10, 2020 The prime minister has revealed that in the coming 30 days, the state will reimburse hotels for 80 percent of the bookings registered before November 8.
News in Brief Protecting jobs and families and supporting businesses remains a priority for the Hungarian government Oct 09, 2020 Gergely Gulyás said Hungary’s economic protection scheme has been among the most successful in terms of the job market, with the unemployment rate showing a much better trajectory than in the European Union.
News in Brief FM: 100 companies have tendered bids for government support scheme Sep 02, 2020 673 companies out of 806 bidders have now received grants totalling HUF 151 billion. The combined value of government-assisted projects was over HUF 318 billion.
News in Brief Hungarian government allocates HUF 60 billion to revamp 17 Budapest hospitals Aug 18, 2020 The government will revamp 17 Budapest hospitals to improve hygiene infrastructure in preparation of a potential second wave of the novel coronavirus epidemic.
News in Brief Hungarian government supports investments of 806 companies with grants totalling HUF 169 billion Jul 23, 2020 Péter Szijjártó, Minister of Foreign Affairs and Trade, said the companies’ investments are worth a combined HUF 377 billion and will save over 143,000 jobs.
News in Brief Government introduces new form of financial support for Hungarian exporters Jul 22, 2020 The foreign minister said the new HUF 23 billion (EUR 65.2m) government support scheme was directed at Hungarian companies to expand their export capacity and establish a physical presence in far-away countries.
News in Brief FM: The government is launching a new program to support Hungarian businesses Jul 06, 2020 The government is launching a new program to support Hungarian businesses that commit to investing at least HUF 560 million (EUR 1.6m) to save jobs in view of the coronavirus pandemic.
News in Brief Government provides further support for couples having children Jun 29, 2020 The Hungarian government does not want to see couples who decide to have children be at a disadvantage compared to those who choose not to have any.
News in Brief Government pumps more funds into education and school sports facilities Jun 17, 2020 The finance minister has revealed that another HUF 50 billion (EUR 144m) will be available in the coming years for building public education institutions and school sports facilities.
News in Brief PM Orbán: Major government support is required to reboot the economy Jun 16, 2020 PM Orbán pledged to help all workers and engineers working at the Audi plant in Győr and to provide financial support for the factory to operate at full capacity.
News in Brief Hungary allocates HUF 60 billion to castle reconstruction project Jan 14, 2020 The National Castle and Forts Program will soon see the reconstruction of 15 forts and 19 castles in an effort to preserve the country's cultural history, improve communities and boost tourism.
News in Brief Government doubles support for ethnic Hungarians Dec 23, 2019 Funds for the scheme that supports Hungarian education and culture in communities beyond the borders will be doubled to HUF 2 billion (EUR 6m) in 2020.
News in Brief Hungarian government to provide hospitals with HUF 79.4 billion healthcare finance package Dec 20, 2019 The Hungarian government is providing hospitals with a HUF 79.4 billion (EUR 242m) finance package to improve healthcare and reduce debt.
News in Brief Hungarian government continues to invest in education Dec 09, 2019 The government has allocated HUF 35 billion (EUR 106m) for supporting a complex education and school infrastructure development program in Debrecen, eastern Hungary.
News in Brief Finance Minister: HUF 5 billion worth of government funding available for SMEs Oct 07, 2019 Mihály Varga said the government funded initiative aims to strengthen the competitiveness and productivity of SMEs by helping them to introduce new technologies and improve the skills of their employees.
News in Brief Government provides more support to pensioners and youth Oct 02, 2019 The first new initiative is a one-off pension bonus that – according to an earlier government decision – kicks in when economic growth exceeds a certain level while the other is a government bond specifically tailored to young people’s private pensions.
News in Brief Hungarian government pumps billions of forints into education and helping the homeless Sep 27, 2019 Hungarian schoolchildren will receive free textbooks from next September and can attend foreign language courses. What's more, new places will be available at homeless shelters in Budapest.
News in Brief Economically underperforming municipalities to receive government support Sep 26, 2019 “The government’s purpose is to support Hungarian villages, expand their agricultural opportunities and provide support for the rural community,” said István Nagy, Minister for Agriculture.
News in Brief Hungarian government aims to support young people to provide them with a better future Aug 13, 2019 Deputy State Secretary Boglárka Illés said among the challenges faced by young people today, safety, the need for a safe future, security of livelihood, starting out in life, and starting a family are the most prominent.