Hungarian Government To Launch Large-Scale Investment Support Scheme

2021. február 17.

About Hungary

The government has disbursed HUF 80 billion to struggling businesses as part of its wage support scheme, helping them save 250,000 jobs.

The Hungarian government’s action plan to restart the economy will be followed by a large-scale investment support scheme which will be co-financed with the European Union. Prime Minister Viktor Orbán told lawmakers at the first plenary meeting of parliament’s spring session that the higher education sector will be the greatest beneficiary of this scheme, involving an unprecedented HUF 1,500-2,000 billion (EUR 4.2-5.6bn) to be used for developing universities.


Photo Credit: MTI