News in Brief
PM Orbán: We stand on the Hungarian side of history
The prime minister said: “Hungary’s government is supporting Ukraine and has a vested interest in its sovereignty and we have an interest in Russia not posing a threat to Europe’s...
CSOK home subsidy
C
News in Brief
Hungarian government to launch its biggest ever home creation scheme this year
Katalin Novák, the minister for family affairs, has announced a number of new initiatives to help Hungarian families throughout 2021.
News in Brief
Hungarian government to make home purchase subsidy tax-exempt
Katalin Novák said both new and second-hand properties purchased through the government’s home buying subsidy scheme CSOK will be fully exempted from the asset acquisition tax from January.
News in Brief
Hungarian government focuses its efforts on supporting families raising the future generations
András Tállai said the government does not believe in immigration, but rather in supporting Hungarian families raising children
News in Brief
Hungarian government announces extension of the ‘CSOK’ family allowance scheme
The extension comes in light of a government announcement surrounding the transformation of the government supported Home Saving Fund System (Lakástakarékpénztár)
News in Brief
Hungary’s family home-creation scheme has helped 81,000 families in its first three years
Katalin Novák says the CSOK scheme helped families “create the conditions for having and raising children”
News in Brief
More than 50,000 Hungarians apply for home purchase aid scheme
Applications have so far reached 136 billion HUF (446.2m EUR) in total
News in Brief
Hungary’s GDP growth rises by more than twice the European average at 4.2%
The ministry for National Economy said Hungary's growth figure was the second highest in the past 10 years, and the economy is on a “steady and balanced path”
Blog
Hungary says, families first!
A nation’s strength lies in its people. Declining demographic trends throughout Europe pose a worrisome problem, including in Hungary. The trend has been declining into a vicious circle for decades and governments have struggled to break it. Recent demographic statistics in Hungary, however, show that with some ingenuity – like housing incentives and other breaks for families with children – a carefully selected mix of family policies can make a difference.
News in Brief
Hungary's construction sector output is up by 18.5 percent
Hungary’s construction sector output was up by 18.5 percent in January after falling for twelve months in a row