LMP Calls on Government to Seek Agreement on Norway Grants
The opposition LMP has called on the government to “reach a consensus on the utilisation of funds from the Norway Grants”.
Economy
Pandemic Causes Marked Drop in Tourism-Catering in 2020
The coronavirus pandemic and associated restrictions resulted in a marked drop in nearly all areas of tourism and catering last year, with preliminary estimates showing a 32% fall in revenue by commercial lodgings and catering establishments compared to the previous year, the Central Statistical Office (KSH) said on Tuesday.
DK Vows to Lead Hungary Into Euro Zone
The Democratic Coalition will lead Hungary into the euro zone if it is victorious in next year’s general election, Balázs Barkóczi, the party’s spokesman, told an online press conference.
Gulyás: Linking EU Funds to Judiciary Reform ‘Nonsensical’
Linking payments of the EU’s Recovery and Resilience Facility (RRF) to “judiciary reform” in Hungary is “nonsensical”, the prime minister’s chief of staff told a regular press briefing.
Matolcsy Plugs Away at Arguments for Fiscal Tightening
National Bank of Hungary (NBH) governor György Matolcsy reiterated and refined arguments for reining in next year’s budget deficit in an op-ed piece published on the website of daily Magyar Nemzet on Monday.
Canada Agrees to Import Hungarian Rabbit Meat
Canada has agreed to import Hungarian rabbit meat and meat products after the conclusion of talks that lasted several years, the Ministry of Agriculture (AM) said on Friday, adding that the agreement presented a boon for domestic producers.
Bosch Automotive Steering Expands Hungary Plant
Bosch Automotive Steering Bosch is expanding its plant in Maklár, in northern Hungary, with three investments totalling 52.5 billion forints (EUR 146m) that will create 180 jobs, the minister of foreign affairs and trade said on Friday.
Szijjártó Visits Hungary Suzuki Plant
Péter Szijjártó, the minister of foreign affairs and trade, on Thursday visited Magyar Suzuki’s plant in Esztergom, in northern Hungary, marking the company’s 30th anniversary this year.
Construction Sector Output Rebounds From Low Base in May
Output of Hungary’s construction sector rose by an annual 18.7% in May, recovering from a double-digit decline in the base period, the Central Statistical Office (KSH) said on Thursday.
Government Take New Steps to Aid Recovery
Concerning the steps taken by the government to aid Hungary’s economic recovery, Gergely Gulyás noted that the operative board overseeing the recovery had approved more measures this week.