It is not clear whether the Hungarian government has applied for SURE funds, the European Union’s job protection programme, Socialist MEP István Ujhelyi told an online press conference, warning that the relevant deadline was drawing near.
Industrial output in Hungary fell by 6.7% in January, after climbing for several months, a first reading of data released by the Central Statistical Office (KSH) shows.
Hungary’s economy could grow by 4-4.5% this year, if enough Hungarians are vaccinated to allow pandemic restrictions to be lifted after Easter, Finance Minister Mihály Varga said.
Hungary’s exports and imports both grew at a faster pace in December, the Central Statistical Office (KSH) confirmed.
Retail sales in Hungary fell by an annual 2.6% in January, the Central Statistical Office (KSH) said.
The central and eastern European region, and the Visegrad Group (V4) in particular, are on their way to becoming one of the main engines of growth in the European Union, Polish Finance Minister Tadeusz Kościński told Hungarian public news portal hirado.hu in an interview.
Vitesco Technologies’ plant, built in Debrecen with an investment of 100 million euros (approximately 36 billion forints), has started operating in Debrecen, which is planned to create 450 jobs by mid-2022, said the company owned by the Continental Group.
Industrial producer prices Hungary grew by an annual 6.6% in January, after rising 6.8% in the previous month, the Central Statistical Office (KSH) said.
Hungary’s economy shrank by an annual 3.6% in the fourth quarter of 2020, slowing from a 4.6% decline in Q3, the Central Statistical Office (KSH) said.
The government is awarding Autoflex-Knott, which makes parts for trailers, grant money to support an upgrade of its plant in Kecskemét, in central Hungary, and to set up a manufacturing base in the United States, Péter Szijjártó, the minister of foreign affairs and trade, said.
