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June unemployment figures indicate a job market turnaround

Ministry for Innovation and Technology, June 24, 2020 12:27 PM

“The number of registered job seekers in Hungary fell during the week beginning on 15 June for the first time since the introduction of the emergency measures, indicating a labour market turnaround”, the Ministry for Innovation and Technology’s State Secretary for Economic Strategy and Regulation László György said at a press conference in Budapest on Tuesday.

Hungary will remain an attractive production and investment destination in the period following the pandemic

Ministry of Finance, June 24, 2020 11:53 AM

“The strong foundations of the Hungarian economy continue to afford the government significant room for manoeuvre for its crisis management measures”, Minister of Finance Mihály Varga emphasised following the first session of the National Competitiveness Council to be held after the epidemic situation.

Hungary will be purchasing 4.2 billion cubic metres of Russian gas over a period of one year, beginning in October

Ministry of Foreign Affairs and Trade, June 24, 2020 11:00 AM

“A trade agreement has been concluded in accordance with which Hungary will be purchasing a total of 4.2 billion cubic metres of natural gas from Gazprom between October of this year and next October”, Minister of Foreign Affairs and Trade Péter Szijjártó said in a statement to Hungarian news agency MTI on Monday from Moscow, where he is on an official visit.

Enterprises may now receive more than 800 thousand euros in funding in the interests of improving competitiveness

Ministry of Foreign Affairs and Trade, June 24, 2020 10:57 AM

“Following extended negotiations lasting more than two months, the European Commission has finally approved our request to be able to provide over 800 thousand euros in funding to Hungarian enterprises in the interests of increasing their competitiveness”, Minister of Foreign Affairs and Trade Péter Szijjártó announced on his social media page on Tuesday.

25 billion forints for the National Export Protection Program

Ministry of Foreign Affairs and Trade, June 24, 2020 10:31 AM

“Based on last week’s decision on the part of the Cabinet, a National Export Protection Program is being launched with a budget of 25 billion forints (EUR 71.65 million) within the framework of the Economy Protection Action Plan to support Hungarian enterprises that wish to grow and expand on export markets, or acquire new markets”, Minister of Foreign Affairs and Trade Péter Szijjártó announced on Monday at an event in Budapest to ceremoniously sign cooperation agreements with eight enterprises that are joining the Priority Exporter Partnership Program.

We need a strong Europe built on the foundations of families and sovereign nations

Ministry of Justice, June 24, 2020 10:12 AM

We need a strong and diverse Europe built on the foundations of families and sovereign nations; the future of Europe, too, could be built on these foundations, the Justice Minister stressed on Friday in the Parliament Building.

Over 1 billion euros in investment is being realised thanks to the competitiveness-increasing program

Ministry of Foreign Affairs and Trade, June 23, 2020 8:00 PM

“The 806 enterprises that are making use of competitiveness-increasing funding have undertaken to realise 377 billion forints (EUR 1.09 billion) in investment over the coming months, and by doing so are protecting 143,618 workplaces, towards which the government is providing 169 billion forints (EUR 487.3 million) in funding”, Minister of Foreign Affairs and Trade Péter Szijjártó emphasised in Székesfehérvár at a ceremony to present the related funding agreement to Fehér Ablak Limited on Monday.

There is no life without Hungarian culture

The Prime Minister, June 23, 2020 6:00 PM

Hungarian culture is a creative and cohesive force without which not only can we not survive, but neither can we live; and it is perhaps not even worth living without, Prime Minister Viktor Orbán said at the funeral of Honorary President of the Hungarian Academy of Arts György Fekete at the Fiumei út cemetery in Budapest on Tuesday.

Amount of infant care allowance to increase significantly

Ministry of Human Capacities, June 23, 2020 3:44 PM

From 1 July next year, the amount of the infant care allowance will increase from 70 per cent at present to 100 per cent of the pre-tax salary, Katalin Novák announced.

Coronavirus epidemic: a world stress test

Government spokesperson, June 23, 2020 9:25 AM

According to the Minister of State for International Communication and Relations, the epidemic caused by the novel coronavirus was a stress test for governments, local communities and economies worldwide.