• Home
• Channel: Travel
• EC Clears Euro 280 Million Travel & Tourism Recovery Scheme in Hungary

EC Clears Euro 280 Million Travel & Tourism Recovery Scheme in Hungary

• 31 Mar 2022 1:33 PM
• Hungary Matters

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”.

• How does this content make you feel?
• I love it
• I like it
• I dislike it

• Travel Tourism

XpatLoop Media Partner

Hungary Matters

Launched in January 2014, this newsletter published on week days covers 'everything you need to know about what’s going on in Hungary and beyond', according to its publisher the state media agency MTI.

Explore More Reports

Escape from Budapest to Bali - Part 1. Holiday Heaven: Sun, Sea & Spirituality

• 16 May 2024 5:37 PM

Indonesia’s famed 'Island of the Gods' stakes a serious claim as paradise on earth. Bali’s tropical climate together with its diverse scenery - from lush rice terraces set by volcanic mountains to temples in the ocean and celebrated beaches - all combining to provide an idyllic backdrop to the island's colourful, profoundly spiritual, and vibrant culture.



'Record Year' Expected for Tourism in Hungary

• 10 May 2024 8:00 AM

Hungarian accommodations recorded 7.1 million guest nights in the first three months of 2024, up by 14% from the same period last year, raising hopes that 2024 would become a “record year”, the Hungarian Tourism Agency (MTÜ) have announced.



Guest Nights Spent By Foreign Visitors In Hungary Up 27% To 1,435,000 In March

• 1 May 2024 1:21 PM

Guest nights at commercial and private tourism accommodations in Hungary rose by 24.9% to 2,757,000 in March from the same period a year earlier, the Central Statistical Office (KSH) said.



China To Offer Visa-Free Travel To Hungarians

• 8 Mar 2024 6:58 AM

China will offer visa-free travel to Hungarians from March 14, and starting next month, airlines will again operate 13 weekly flights between Budapest and four major Chinese cities, Péter Szijjártó, the foreign minister, said on Facebook.