So far more than 500 companies employing five thousand people have applied for the government wage subsidy offered as part of response measures to novel coronavirus, a Ministry of Innovation and Technology official has said.
The option of suspending loan repayments is providing relief for many Hungarian households and businesses alike, but 40% of individuals and 30% of businesses are still paying off their loans, indicating that their finances are much stronger than during the 2008 crisis, a finance ministry official said.
The first restrictions put in place in response to the novel coronavirus epidemic are being lifted in Hungary.
Wage growth for full-time workers in Hungary slowed to 9.1% year on year in February, the Central Statistical Office (KSH) said.
Hungary’s three-month rolling average jobless rate was 3.7% in Jan-March, up 0.2 of a percentage point from the previous three-month period, the Central Statistical Office (KSH) said.
Hungarian tax office (NAV) investigators have identified a group of criminal suspects in connection with a scam to offload 4.5 million litres of low-grade oil at a mark-up while dodging tax, costing the treasury 750 million forints (EUR 2.1m), NAV said.
Accommodation bookings by domestic travellers have increased by 30% in one month, the deputy head of the Hungarian Tourism Agency has said.
German car maker Audi has restarted vehicle production, in a single shift, at its base in Győr (NW Hungary), Audi Hungaria’s communications director told MTI.
Budapest-based low-cost airline Wizz Air is restarting 16 flights from Budapest early in May, while flights from Debrecen, eastern Hungary, are expected to resume in June, the airportal.hu website said.
Swiss solar-cell maker Flisom is building a 12.5 billion forint (EUR 35.2m) solar module plant in Kecskemét, in central Hungary, with the support of a government grant, the foreign affairs and trade minister said.
