Foreign investments have already reached a record level this year, with agreements concluded on 62 major investment projects, meaning the creation of some 9,682 new workplaces, Minister of Foreign Affairs and Trade Péter Szijjártó said at his annual hearing before Parliament’s Economic Committee.
Minister of Innovation and Technology László Palkovics announced plans to host MotoGP races in Hungary from 2022, with governing party Fidesz Vice President Lajos Kósa hinting at the construction of a new circuit in Eastern Hungary, according to multiple local media reports.
The OECD has released its latest interim global economic outlook report, and it looks more pessimistic than ever, cutting back on global growth prospects. Rating agency Fitch also published a gloomy outlook recently. Hungary, thus far, has able to swim against the tide.
Turkish President Recep Tayyip Erdoğan held talks with Hungarian Prime Minister Viktor Orbán on Thursday, with the two politicians touching on a variety of topics, from energy supply diversification to the situation in Syria, according to multiple reports.
Hungarian oil and gas company MOL said it has raised its guidance for 2020 EBITDA, cleared of one-off effects and adjusted for current cost of supplies (CCS), to USD 2.4-2.6 billion in a presentation to investors on Thursday.