As local farmers showed “strong” interest in the auctions of state-owned farmland, and almost all of the HUF 150 billion preferential credit line offered by the Hungarian Development Bank to support purchases of these farmlands has been used up, Cabinet Chief János Lázár proposed raising the credit line.
Polish Orbis and its Hungarian unit Accor-Pannonia Hotels reportedly signed a preliminary contract for the purchase of two hotels in Budapest for €27.5 million, Hungarian news agency MTI reported today, citing Polish news agency PAP.
Pay-as-you-go medical care and private health insurance are becoming more popular, helping to build a new market.
The volume of investments in Hungaryʼs national economy was down 3.4% in the third quarter as compared to the high base last year, Hungary’s Central Statistical Office KSH reported today.
Retail sales in Hungary saw a year-on-year increase of 5.1% in September, according to both raw and calendar-adjusted data, Hungary’s Central Statistical Office (KSH) reported today.