Varga holds talks with EBRD negotiators

History

National Economy Minister Mihály Varga held talks in Budapest with a group of negotiators from the European Bank for Reconstruction and Development (EBRD) on the implementation of an agreement signed earlier and a country-specific strategy the bank is preparing, the National Economy Ministry said today.

Under a memorandum of understanding signed with the EBRD in February, the government committed to gradually lowering the bank levy from next year. After the signing, the EBRD inserted "the strengthening of the bank sectorʼs flexibility and lending ability" as a priority in its country strategy for Hungary for 2015-2019.

The government said it expects the EBRD to acknowledge Hungaryʼs latest economic results, as other international organizations, such as the EU, IMF and OECD, have done, when it prepares the 2015-2019 country strategy, the ministry said.

Ukrainian, Hungarian Hydrogen Associations Sign MoU Green Energy

Ukrainian, Hungarian Hydrogen Associations Sign MoU

Hungary in Talks on Attracting More Chinese Investments - Sz... Int’l Relations

Hungary in Talks on Attracting More Chinese Investments - Sz...

Close to 2,500 Companies Apply for EV Subsidies Automotive

Close to 2,500 Companies Apply for EV Subsidies

Olympic Fest of Street Sports in Budapest Coming This June In Budapest

Olympic Fest of Street Sports in Budapest Coming This June

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.