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The government will provide doctors, nurses, police officers, teachers, soldiers and other civil servants with a home subsidy of Ft 1 million per year, which they can use to repay a home loan or as the down payment on a new home loan, Prime Minister Viktor Orban announced during a break in Wednesday’s cabinet meeting. |
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Hungary’s GDP growth was 0.2% year-on-year in the second quarter, according to seasonally and workday adjusted data, the Central Statistics Office announced as it released its first estimate on Wednesday. |
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Transformer and electric motor manufacturer Ganz, part of the Meszaros Group, will double the annual capacity of its transformer plant in Tapioszele, a small town in Pest county, by 2027, the company announced on Wednesday. |
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On Wednesday, the closing day of the world fencing championships in Tbilisi, Georgia, the Hungarian men’s epee team won the silver medal after losing to Japan in the final. |
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