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Opposition DK Demands Extension Of Expiring Aid To Companies

• 31 Aug 2020 9:22 AM
• Hungary Matters

The opposition Democratic Coalition demands that the government extend a subsidy programme aimed at helping companies impacted by the coronavirus crisis, deputy party leader Csaba Molnár (pictured on top) told an online press conference on Saturday.

Molnár insisted that unless the government renews the programme, scheduled to expire in two days, “thousands of Hungarian companies will go bankrupt and tens of thousands of Hungarians could lose their jobs from one week to the next”.

In other European countries, such as Germany and France, those programmes have been extended, with the Hungarian government being “the only one in the EU to cut that tiny bit of aid on August 31”, he said.

Molnár said the current programme budget of 50 billion forints (EUR 140.7m) “won’t go far”, insisting that “at least ten times as much will be needed to help companies pay wages and retain jobs in the next few months”.


MTI Photo: Zoltán Máthé

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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.

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