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Hungary’s government has earmarked 103 billion forints (EUR 25.8m) for developing its electricity grid, the state secretary for energy and climate policy, Attila Steiner, told a press conference.
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The government condemns low-cost airline Ryanair’s “unfair ticket pricing”, the ministry of economic development said on Friday. Márton Nagy, the minister, has launched an investigation with a view to protecting consumers.
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Magyar Telekom will launch a pilot project examining the feasibility of a four-day work week, the first large corporation in Hungary to carry out such an experiment, the company announced on Thursday.
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Hungary’s trade balance showed a 708 million euro deficit in March, the Central Statistical Office (KSH) confirmed in a second reading of data.
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German businesses continue to see Hungary as a good investment destination, the finance minister said at an event of the German-Hungarian Chamber of Industry and Commerce (DUIHK).
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Investments in Hungary’s agriculture and food industry increased significantly in the first quarter of this year, the minister of agriculture said on Tuesday.
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