News in Brief
Hungarian government introduces new interest-free loan to help SMEs
PM Orbán said SMEs can raise an interest-free loan with ten-year maturity of up to HUF 10 million (EUR 28,000), with repayments deferred by three years.
Economy Protection Action Plan
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PM Orbán: The coronavirus crisis couldn’t break Hungary’s economy
“If the Economy Protection Action Plan was our defense, then the Action Plan to Reboot the Economy is our offense against the economic crisis brought about by the coronavirus pandemic,”...
News in Brief
Hungarian government supplements economic protection action plan for families and businesses
PM Orbán said in a video message that the Hungarian government has supplemented the economic protection action plan in the interest of families and businesses.
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PM Orbán announced extension of economy protection action plan
“For us, all lives and all jobs matter,” Prime Minister Orbán said in a brief video statement on his Facebook page before announcing the latest government measures aimed at reducing...
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PM Orbán on Kossuth Rádió: New restrictions must be put in place due to the epidemic, starting in September
The epidemiological situation is getting worse in most European countries; this is why Hungary must introduce new, stricter restrictions in order to tackle the spread of the coronavirus. In an interview on Kossuth Rádió this morning, Prime Minister Viktor Orbán talked about the start of the school year, an upcoming economic growth plan and the importance of geostrategic thinking for Hungary.
News in Brief
Government scheme to revive the economy has so far helped save 120,000 jobs
The foreign minister said that 646 companies out of 806 bidders have now received grants totalling HUF 146 billion (EUR 418).
News in Brief
Coronavirus Update: PM Orbán announces five-point economy protection plan
In a brief video statement on public television this morning, Prime Minister Viktor Orbán announced the launch of five new programs, focused on protecting Hungary’s economy. “We will create as many jobs as the epidemic destroys,” he said.
News in Brief
Finance Minister: New measures to protect the economy have come into effect
Mihály Varga, Minister of Finance, said the new measures have been implemented to aid families and businesses.
News in Brief
Hungarian government to launch new economy protection action plan
Mihály Varga, Minister of Finance, said the action plan will include further tax reductions and streamlining of administrative processes.
News in Brief
Finance Minister: New measures to protect economic growth come into effect today
The Finance Minister stressed that the government wants to ensure that domestic growth remains at least two percentage points above the EU average in the coming years.
News in Brief
Cabinet submits Hungary's 2020 budget draft to Parliament
The 2020 budget will increase central expenditure in a number of areas, with a focus on demographic policy and sustained economic growth.
News in Brief
Hungary announces action plan to boost economy
The Hungarian government has announced a 13+1 point action plan to keep GDP growth two percentage points above the EU average.
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Here’s the government’s Economy Protection Action Plan
Following the success of the seven-point, family protection program the government unveiled on Thursday a new Economy Protection Action Plan to maintain Hungary’s GDP growth.