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Hungarian Opposition: Government’s Response Package 'Too Little, Too Late'

Hungarian Opposition: Government’s Response Package 'Too Little, Too Late'

The opposition Democratic Coalition (DK) has called the government’s economic support package to the novel coronavirus epidemic “too little, too late and favouring the privileged”.
Hungary’s National Bank Raises O/N, One-Week Collateralised Loan Rates To 1.85 Percent

Hungary’s National Bank Raises O/N, One-Week Collateralised Loan Rates To 1.85 Percent

The Monetary Council of the National Bank of Hungary (NBH) decided to raise the rates for the central bank’s O/N and one-week collateralised loans by 95 basis points to 1.85% at a meeting on Tuesday.
Coronavirus: Hungary Allocates HUF 9,200 Billion For Economic Protection

Coronavirus: Hungary Allocates HUF 9,200 Billion For Economic Protection

A total of 9,200 billion forints (EUR 25bn) will be available in the years ahead to mitigate the economic effects of novel coronavirus in Hungary, with an emphasis on protecting the labour-based economy, the minister of innovation and technology has said.
Nearly 100,000 Continue Paying Loans In Hungary

Nearly 100,000 Continue Paying Loans In Hungary

Almost 100,000 customers of banks have already indicated that they will continue to repay their loans, writes hvg.hu.
Coronavirus: PM Orbán Announced Five-Point Economic Protection Plan

Coronavirus: PM Orbán Announced Five-Point Economic Protection Plan

After the European debt crisis and the migrant crisis, Hungary is now facing a virus crisis. The new economy protection action plan does not increase the country's exposure; it aims to solve Hungary's problem on its own.
Hungarian Central Bank Says Loan Repayments May Not Rise After Moratorium

Hungarian Central Bank Says Loan Repayments May Not Rise After Moratorium

The National Bank of Hungary (NBH) has said lenders may not raise borrowers’ instalments after a moratorium on repayments expires at year-end.
Hungary Orders Loans Relief

Hungary Orders Loans Relief

The government is forgiving certain loan repayments this year, including those on baby bonds and student loans, due to the novel coronavirus epidemic, the head of the Prime Minister’s Office said.
Coronavirus: PM Orbán Announces Measures To Ease Economic Impact Of Epidemic

Coronavirus: PM Orbán Announces Measures To Ease Economic Impact Of Epidemic

The prime minister announced a number of measures to ease the economic impact of the coronavirus epidemic.
Coronavirus: Hungary’s Tourism To Be Hit Badly By Outbreak

Coronavirus: Hungary’s Tourism To Be Hit Badly By Outbreak

Hungary’s tourism and hospitality sectors are expected to be hit severely by the new coronavirus outbreak, Finance Minister Mihály Varga said.
Hungarian Opposition: Government’s Response Package 'Too Little, Too Late'

Hungarian Opposition: Government’s Response Package 'Too Little, Too Late'

The opposition Democratic Coalition (DK) has called the government’s economic support package to the novel coronavirus epidemic “too little, too late and favouring the privileged”.
Hungary’s National Bank Raises O/N, One-Week Collateralised Loan Rates To 1.85 Percent

Hungary’s National Bank Raises O/N, One-Week Collateralised Loan Rates To 1.85 Percent

The Monetary Council of the National Bank of Hungary (NBH) decided to raise the rates for the central bank’s O/N and one-week collateralised loans by 95 basis points to 1.85% at a meeting on Tuesday.
Coronavirus: Hungary Allocates HUF 9,200 Billion For Economic Protection

Coronavirus: Hungary Allocates HUF 9,200 Billion For Economic Protection

A total of 9,200 billion forints (EUR 25bn) will be available in the years ahead to mitigate the economic effects of novel coronavirus in Hungary, with an emphasis on protecting the labour-based economy, the minister of innovation and technology has said.
Nearly 100,000 Continue Paying Loans In Hungary

Nearly 100,000 Continue Paying Loans In Hungary

Almost 100,000 customers of banks have already indicated that they will continue to repay their loans, writes hvg.hu.
Coronavirus: PM Orbán Announced Five-Point Economic Protection Plan

Coronavirus: PM Orbán Announced Five-Point Economic Protection Plan

After the European debt crisis and the migrant crisis, Hungary is now facing a virus crisis. The new economy protection action plan does not increase the country's exposure; it aims to solve Hungary's problem on its own.
Hungarian Central Bank Says Loan Repayments May Not Rise After Moratorium

Hungarian Central Bank Says Loan Repayments May Not Rise After Moratorium

The National Bank of Hungary (NBH) has said lenders may not raise borrowers’ instalments after a moratorium on repayments expires at year-end.
Hungary Orders Loans Relief

Hungary Orders Loans Relief

The government is forgiving certain loan repayments this year, including those on baby bonds and student loans, due to the novel coronavirus epidemic, the head of the Prime Minister’s Office said.
Coronavirus: PM Orbán Announces Measures To Ease Economic Impact Of Epidemic

Coronavirus: PM Orbán Announces Measures To Ease Economic Impact Of Epidemic

The prime minister announced a number of measures to ease the economic impact of the coronavirus epidemic.
Coronavirus: Hungary’s Tourism To Be Hit Badly By Outbreak

Coronavirus: Hungary’s Tourism To Be Hit Badly By Outbreak

Hungary’s tourism and hospitality sectors are expected to be hit severely by the new coronavirus outbreak, Finance Minister Mihály Varga said.