HungaryTrends – The week in business and finance

See below the main business and financial news from the previous week:

SHOCKING NEWS: THE GOVERNMENT MAKES MEDICAL CARE SUBJECT TO PAYMENT 

The government plans to levy the cost of medical treatment from those, whose social security is not paid – reports Népszava. To this day, people only had to pay their outstanding contributions, but they will have to pay the full bill from now on. Read more HERE.

HUNGARY A GUEST OF HONOUR AT FIRST CHINESE INTERNATIONAL IMPORT EXPO 

Hungary will be one of the 12 guests of honour at the first Chinese International Import Expo, held between November 5 and 10 in Shanghai. Read more HERE. 

GOVERNMENT EXPANDS CSOK HOME SUBSIDIES PROGRAMME

Hungary’s government decided to make families with two children eligible for a 10 million forint (EUR 30,850) preferential loan available in the framework of the Home Purchase Subsidy Scheme for Families with Children, known by its Hungarian acronym “CSOK”, Gergely Gulyás, the head of the Prime Minister’s Office, said at a regular press briefing. Earlier the 10 million forint loans were available only to families with three or more children. The government also decided to make a 15 million forint CSOK loan available to families with three or more children. Read more HERE.

DISTRICT XIX SHOPPING CENTRE UNDERGOES ALMOST HUF 5 BN RENOVATION

General contractor KÉSZ Épitő completed the nearly 5 billion forint (EUR 15.4m) renovation of a 24,000 square-metre shopping centre in Budapest’s District XIX, Diófa Alapkezelő, which manages the fund that owns the centre, said. The shopping centre, earlier called Europark, was renamed Shopmark. About 90 businesses have shops in the centre. Read more HERE.