Govt must prepare wage compensation subsidy tender by January 31

The government must come up with a tender for additional subsidies available to employers who raise wages to compensate lower earners for tax changes by January 31, under a decree published in official gazette Magyar Kozlony dated January 26 and published on Thursday.
EconomyFriday, 20:20 January 27., 2012 Read more

Gov’t considering measures to support troubled Hungarian food companies

The government is considering a package of measures aimed at providing state support to help consolidate Hungarian companies whose operations are necessary to ensure the security of supply and demand for domestic agricultural goods and which represent a significant source of employment, Rural Development Minister Sandor Fazekas stated.
EconomyWednesday, 15:25 January 25., 2012 Read more

Govt wants to subsidise purchase of POS terminals for small tourism companies

The government wants to subsidise the purchase by small tourism service providers of point-of-purchase terminals that can process payments with the SZEP Card, the main element of a new recreational voucher system, government commissioner for the issue of the cards Laszlo Kortvelyessy said on Monday.
EconomyMonday, 13:25 January 23., 2012 Read more

Govt clears proposal expanding range of wage subsidies

Hungary’s government on Monday approved a proposal that would expand the range of the subsidy available to employers who raise wages to compensate lower earners for tax changes, government spokesman Andras Giro-Szasz said on Tuesday.
EconomyTuesday, 12:05 January 17., 2012 Read more

Govt plans to broaden wage compensation subsidy

The government plans to broaden the range of the subsidy it offers employers who raise wages to compensate lower earners for tax changes, MTI Hircentrrum learnt.
EconomyTuesday, 09:30 January 3., 2012 Read more

Analysts, contractor association chief welcome govt home-creation program

The head of Hungary's building-contractor association and housing-market analysts told MTI that the government's home-creation program announced on Wednesday is likely to lead to a moderate rise in demand for houses.
EconomyWednesday, 17:05 October 12., 2011 Read more

Government announces home grants and interest rate subsidy program

The government will reintroduce home-acquisition grants for families with children and plans to provide an interest rate subsidy for forint home loans in 2012, National Economy Minister György Matolcsy announced on Wednesday.
PoliticsWednesday, 15:10 October 12., 2011 Read more

New legislation gives district heating subsidies to service provider instead of producer

New legislation gives district heating subsidies to service provider instead of producer
BusinessTuesday, 20:05 September 27., 2011 Read more

Bill establishing new subsidy system affecting district heating submitted to Parliament

 National Development Minister Tamás Fellegi submitted to Parliament on Friday a bill that would establish a new subsidy system for cogeneration plants that supply district heating 
EconomyFriday, 16:50 September 16., 2011 Read more

Hungary to reduce drug subsidy expenditures

The targeted reduction in drug subsidy expenditures can be achieved within a set time framework and no plan B is required, says OEP head
FinanceMonday, 10:40 July 18., 2011 Read more

Govt okays drug R&D incentive rejig

A government decree set a September 30 deadline for three ministries to draw up a new incentive scheme for drug research and development
BusinessWednesday, 15:10 July 6., 2011 Read more

Government extends gas and heat price subsidy for low-income households to end-August

The government, in a decree extends a retail gas and district heating subsidy for low-income households, with retroactive effect until August 31
PoliticsFriday, 11:35 May 27., 2011 Read more

Gov’t allocates HUF 1.5 bln to support instrument purchases by GPs

The government is allocating HUF 1.5 billion to support purchases of instruments by general practitioners, Attila Beneda, cabinet chief for the health affairs state secretariat, told public radio MR1.
BusinessWednesday, 09:20 May 4., 2011 Read more

Official backtracks on cutting subsidies for green power plants

Fidesz caucus leader János Lázár has revoked a controversial proposal that was expected to put the green energy sector in an unacceptably difficult position, the daily Magyar Nemzet reported.
EnergyMonday, 16:00 March 7., 2011 Read more

Amendment would scrap subsidies for electricity from combined cycle power plants

Hungary’s Parliament is about to hold a vote on abolishing certain subsidies for power plants.
EnergyFriday, 13:05 March 4., 2011 Read more

Gov't seeks to extend subsidies for troubled power plant

Hungary's government wants to lobby Brussels for an extension of subsidies for troubled power plant Vértesi Erőmű, daily Népszabadság said on Saturday  
BusinessMonday, 14:44 September 27., 2010 Read more

Gov't applies for HUF 200 billion advance on EU farming subsidies

The Ministry for Rural Development (VM) has submitted to the European Commission its application for advance payments on the single area payment scheme (SAPS) subsidies as well as the special dairy producers' subsidies, the ministry told MTI on Friday.
EconomyFriday, 15:55 July 9., 2010 Read more

Harman International gets HUF 368 million subsidy

Global leader in producing car sound-systems, Harman International of Stamford, Connecticut, has received a HUF 368 million (€1.37 million) grant from the Hungarian government to develop its electronics plant in Székesfehérvár with a planned investment of HUF 3.7 billion, the economic ministry announced on Monday in its official gazette.
BusinessMonday, 09:03 January 4., 2010 Read more

Hungary state aid for Daimler plant approved

The European Commission on Thursday said it approved €111.5 million in aid from the Hungarian state to support the construction of a plant by German car maker Daimler in the Hungarian city of Kecskemét.
BusinessFriday, 10:03 July 17., 2009 Read more

Ninety win grants in cross-border tender

Ninety of 196 applications in the first tender for funding available under the EU's Hungary-Romania cross-border cooperation program have won a combined HUF 3.6 billion (€13 million) in grant money, the National Development Agency (NFÜ) said on Wednesday.
BusinessWednesday, 13:21 July 15., 2009 Read more

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