The government will launch two programmes, worth a combined 140 billion forints (EUR 390m), to help small municipalities increase energy efficiency and make tourism developments, Finance Minister Mihály Varga said on Facebook on Thursday.
More than 80,000 families raising children have applied for home renovation subsidies since the launch of the government scheme, a government official said on Wednesday.
The state debt ratio targeted for this year is achievable based on the data available by November so the debt rule stipulated by the constitution can also be met, the State Audit Office (ÁSZ) said in an analysis published on Wednesday.
Hungary had a trade deficit for the fourth month in a row in October, the Central Statistical Office (KSH) confirmed in a second reading of data on Wednesday.
The government will cut taxes by 1,500 billion forints (EUR 4.1bn) in 2022, a video posted on Wednesday on Finance Minister Mihály Varga’s Facebook page showed.
Hungary’s government is freezing retail mortgage interest rates for a six-month period from January, the prime minister announced on Wednesday.
Sentiment among businesses deteriorated but improved for consumers in December, the latest gauge of confidence by economic research institute GKI shows.
In the past two years some 47% of SMEs concluded investment projects worth at least 10 million forints (EUR 27,000), Magyar Bankholding, which is overseeing a tie-up that is set to become Hungary’s second-biggest commercial lender, said on Monday based on a survey from NMS Hungary.
Finance Minister Mihály Varga announced a tender for 100 billion forints (EUR 273m) in European Union and state funding to support technology upgrades, productivity and competitiveness at SMEs in a video message posted on Facebook on Monday.
The government has decided to raise the wages of soldiers and police officers by 10%, the prime minister said in a video published on Facebook on Monday.
