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FM: Government approves seven more measures to accelerate economic recovery

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

During an official visit to Belgrade, the foreign minister said Hungary’s government has approved seven more measures to accelerate economic recovery.

Péter Szijjártó, Minister of Foreign Affairs and Trade, said the measures were proposed by the operative board for coordinating the economic recovery, which the minister heads. One measure allows skilled laborers from non-EU countries that are not among Hungary’s neighbors to work in Hungary through temporary staffing agencies. Another eliminates all bureaucratic hurdles for accessing subsidies for workplace creation job subsidies if companies hire registered job-seekers, he added.

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