Hungarian red tape package to save € 1.7 bn

This blog reported in July on the Hungarian governments anti-red tape plans. In August, details were published concerning measures under consideration, numbering 232 items concerning various areas such as family and child services, naturalization, property administration as well as employment and agriculture.Last week, the savings for companies, to be derived from the package were estimated to reach HUF 500 billion (1.7 billion euros), with 150,000 jobs created (see a critical article from the Budapest Business Journal, which includes details about the intended measures.)