The European Commission on Wednesday said it approved a 280 million euro Hungarian investment scheme to support a sustainable recovery of the tourism sector.
Under the scheme, companies in commercial accommodations, catering, recreation and other tourism-related businesses may apply for grants up to 2.8 million euros to support investments. It is expected to benefit around 1,000 companies in the tourism sector which has been hit hard by the coronavirus crisis.
The EC concluded that the scheme is “necessary, appropriate and proportionate to facilitate the development of certain economic activities, which are of importance for a sustainable recovery of the economy”.
Read also5 alluring luxurious hotels in Hungary – PHOTOS
Source: MTI
If you would like to support the work of the Daily News Hungary staff and independent journalism,
please make a donation here
please make a donation here
Hot news
One of the world’s most beautiful libraries is in Budapest, and it’s turning 120 – PHOTOS
Have you ever heard the story or seen the statue of Prince Buda and Princess Pest? – PHOTOS
Hungary proud on scientists, increased R+D sector funding significantly
American teacher faces expulsion from Hungary after a 10-year career in Budapest
Orbán cabinet sticks to economic neutrality, refuses to join blocks, finance minister Varga said
Trump appoints former PM Orbán advisor Gorka as his counter-terrorism chief but Orbán can’t be glad
1 Comment
The problem was not the bio weapon Covid virus invented in a lab in communist China where Fauci collaborated with his communist Chinese partners using ILLEGAL Gain of Function financed with US tax dollars. The virus was immorally released onto the world.
The problem was the ruthless lockdowns that destroyed the economy and millions of businesses, jobs and human lives. I know someone in America who although she was able to retain her job, lost ALL of her clients. She wept bitter tears over her clients anguish, who, when she phoned them; they all told her that their businesses had became bankrupt from the merciless lockdowns. They permanently closed down. All for a virus that has a 99.7% survival rate.
In all of human history, healthy people were never isolated. Only the ill and the sick.
In America, an extremely high number of women who took the Covid shots had miscarriages and still births. Some of the babies who were born had problems that could not be fixed. God help the innocent children.