Foreign minister Peter Szijjarto – Photo: Facebook

Government approves more proposals to speed up economic recovery

Hungary's government has approved seven more measures to accelerate the economic recovery, Minister of Foreign Affairs and Trade Peter Szijjarto said during an official visit to Belgrade on Thursday.

The measures were proposed by the operative board for coordinating the economic recovery, which Szijjarto heads.

One measure allows skilled labourers from non-EU countries that are not among Hungary’s neighbours to work in Hungary through temporary staffing agencies, he said.

Another eliminates all bureaucratic hurdles for accessing subsidies for workplace creation job subsidies if companies hire registered job-seekers, he added.

The measures also cut notary fees for SMEs taking out loans by 50 percent, and reduce the cost of archaeology work required before investments can start, he said.

The government cleared a Magyar Eximbank programme for financing Hungarian companies’ acquisitions abroad and another to support environmentally-friendly and sustainable investments, he added.

Leave a Reply