The steps were proposed by the operative corps for coordinating the economic recovery, which Szijjártó heads.

One measure allows skilled laborers from non-EU countries not among Hungary's neighbors to work in Hungary through temporary staffing agencies. Another eliminates all bureaucratic hurdles for accessing workplace creation job subsidies if companies hire registered job-seekers, he added.

The measures also cut notary fees for SMEs taking out loans by 50%, and they reduce the cost of archaeology work required before investments can start, he said.

The government cleared a Magyar Eximbank program for financing Hungarian companies' acquisitions abroad and another to support environmentally-friendly and sustainable investments, he added.