The European Commission authorised under the EU state aid rules the extension of a temporary Hungarian scheme to grant aid of up to EUR 15,000 per beneficiary to farmers until end-2011, the EC said in a news release. The aid aims at supporting farmers who encounter difficulties as a result of the economic crisis. The beneficiaries can apply for aid until end-March, while the domestic authorities must grant the aid by the end of the year. |
Hungary's investment funds had aggregate assets of HUF 3.657tn (EUR 11.98bn) as of end-February 2013, up by 3.2% m/m, MTI news agency reported citing data from the association of investment funds ... more
The number of employees in Hungary's public and private sectors fell for the tenth straight month in January 2013 declining by 0.6% y/y to 2.574mn, the statistics office informed. The decline ... more
The assembly of state-owned Hungarian Electricity Works (MVM) has approved the purchase of the local gas business of German power utility E.ON, Hungary AM reported, citing local daily Magyar ... more