More Proposals to Speed up Economic Recovery Approved by Gov’t

  • 9 Jul 2021 7:35 AM
  • Hungary Matters
More Proposals to Speed up Economic Recovery Approved by Gov’t
Hungary’s government has approved seven more measures to accelerate the economic recovery, Minister of Foreign Affairs and Trade Péter Szijjártó said during an official visit to Belgrade.

The measures were proposed by the operative board for coordinating the economic recovery, which Szijjártó 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%, 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.

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