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SZIJJÁRTÓ: EC GREEN-LIGHTS NEW INVESTMENT SUPPORT SYSTEM

 

The European Commission has green-lighted a new investment support system outlined in Hungary’s economy protection plan, allowing individual subsidies of up to 800,000 euros for large company investments in Hungary, Foreign Minister Peter Szijjártó said on Facebook. Szijjártó said he had had a meeting with Phil Hogan, the European commissioner for trade, ahead of a meeting next week of EU trade ministers, the first to be held since the outbreak of the epidemic. Hogan and Szijjártó agreed that any obstructions to freight traffic would cause serious damage to European economies. No one has the right to limit international freight traffic, Szijjártó said.