Hungary has signed a 15-year gas purchase agreement with Gazprom which will ensure the country’s long-term energy security, the minister of foreign affairs and trade announced.
The government will provide a subsidy of 12.2 billion forints (EUR 34.2m) to hospitals to reduce waiting times for operations cancelled due to the coronavirus pandemic, the human resources ministry said in a statement on Friday.
Hungary aims to attract the development and manufacture of new technologies spearheading global industrial trends with a view to boosting the Hungarian economy, the minister of innovation and technology said on Friday.
Finance Minister Mihály Varga revealed details of tax rebates for parents raising children in a video message posted on Facebook. Varga said the rebates to be paid early next year would go to all parents eligible for family benefits.
Viktor Orbán, in an interview to public radio on Friday, said the government was “fighting” to restore 13th month pensions as fast as possible so that rather than phasing it in over several years it would be reintroduced in one go next year.
Hungary’s cash flow-based budget deficit, excluding local councils, was 1,900.7 billion forints (EUR 5.4bn) at the end of August, the Finance Ministry confirmed in a second reading of data. hungarymatters.hu pixabay
Hungarian rate-setters raised the central bank’s base rate by 15 basis points to 1.65% at a scheduled meeting on Tuesday.
Occupancy rates at Danubius Hotels’ all-inclusive wellness hotels and accommodations around Lake Balaton were over 80% for the whole summer, the company said.
Japanese car maker Suzuki is restarting production at its plant in Esztergom, northern Hungary, on Monday, after a two-week shutdown due to supply chain interruptions, Magyar Suzuki told business daily Világgazdaság.
Rail Cargo Operator and Rail Cargo Hungaria will operate regular express freight trains running from Budapest to China, carrying Hungarian export products.