ADVERTISEMENT

Spring frost could waste half of Hungary’s crops

Weather

The spring frost that hit Hungary this year could lead to a loss of more than half of the countryʼs crops, deputy head of the national fruit-growers council György Csizmadia told Hungarian daily Magyar Hírlap today.

According to the professional, the loss could cause prices to increase by 20%-25%. The paper added that temperatures in many parts of the country recently dropped to 6-7 degrees below zero. 

Farm ministry state secretary György Czerván said yesterday that growers would be eligible for HUF 24 billion in compensation for damages, Hungarian news agency MTI reported.

ADVERTISEMENT

33,850 sqm of new office space delivered to Budapest market in Q4 Office Market

33,850 sqm of new office space delivered to Budapest market in Q4

1,257 new COVID-19 cases registered in Hungary Figures

1,257 new COVID-19 cases registered in Hungary

4% minimum wage raise agreed Government

4% minimum wage raise agreed

Children's book publisher to challenge gov't resolution Art

Children's book publisher to challenge gov't resolution

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.