Hungary continues to draw investments, says finance minister

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(Daily news Hungary)

Tax cuts, a supportive business environment, well-trained work force and good security continue to draw investors to Hungary where the government focuses on investment and development, Finance Minister Mihály Varga told a meeting of Hungarian heads of missions abroad on Monday.

Although the coronavirus pandemic temporarily halted Hungary’s dynamic development, the country’s robust economy has bounced back to growth again by the fourth quarter of 2020, Varga said. As a result, Hungary’s Q4 GDP figures were the fifth best in the European Union, he said.

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