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regional development

Government Unveils Motorway and Railway Expansion to Bolster Connectivity

The Hungarian government has unveiled ambitious plans to construct a 40-kilometre motorway connecting Szombathely to Körmend and Kőszeg by the end of the decade. The 200-billion-forint project aims to bolster regional connectivity and economic growth in the area….

EBRD Forecasts Economic Growth in European Emerging Markets Despite Global Challenges

According to EBRD’s forecast, Hungary’s Gross Domestic Product (GDP) is projected to expand by 2.2 per cent this year and by 3.5 per cent next year….

Navracsics on EU Funds, Regional Development and Suburbanisation

Navracsics reminded that Hungary is to receive 14 trillion Hungarian forints in cohesion funds for the 2021-2027 EU budget cycle. Of this amount, 4 trillion forints have already been received and are continuously being used for rural development….

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