Hungarian Prime Minister Viktor Orbán over the weekend uploaded a video to social media where he announced the latest government measures which have been enacted to help Hungarian families and businesses cope with the on-going COVID-19 pandemic.
In a video message posted to his Facebook page on Saturday, Orbán outlined four new measures which have been added to the government’s existing economic protection action plan aimed at minimising the pandemic’s impact Hungarian families and businesses, Hungarian news portal 888 reports.
The prime minister said that the moratorium on loan repayments for families and businesses will be extended for a period of six months, until July 1, 2021. Orbán also noted that borrowers who would like to continue paying down their debts could do so by contacting their respective banks.
Orbán also mentioned that the government would subsidise two-thirds of payroll costs for businesses who have been disproportionately affected by the on-going pandemic. These businesses include restaurants, catering services, hotels, and tourism companies, including privately-owned transportation firms.
During the video segment, the prime minister also explained that the local business tax would be halved for sole proprietors as well as for small and medium-sized enterprises beginning on Jan. 1. Furthermore, towns and villages with populations smaller than 25,000 are eligible to receive additional government support.
Lastly, Orbán announced that families with one or more children or with a baby on the way are eligible to apply for a preferential home renovation loan as large as 6 million forints (€16,800), out of which up to 3 million forints can be deducted as soon as renovations are completed. The loan’s interest rate is capped at 3 percent.
‘The second wave of the coronavirus is breaking records all over Europe,’ Orbán said, adding that Hungary’s healthcare personnel are standing firm against the virus. The prime minister continued, saying that the government was providing all the medical equipment needed to mount a successful defence.
‘However, this virus does not only jeopardize people’s health; it has launched an attack on our families and jobs, too. For us, all lives and all jobs matter,’ Prime Minister Orbán said in conclusion. Source
Help us to reach out to others by sharing our stories with address book friends.
Think your friends would be interested? Share this story!
MICHAEL WALSH is a journalist, broadcaster and the author of RISE OF THE SUN WHEEL, EUROPE ARISE, TROTSKY’S WHITE NEGROES, MEGACAUST, DEATH OF A CITY, WITNESS TO HISTORY, THE BUSINESS BOOSTER , THE FIFTH COLUMN VOLUME I and II, FOR THOSE WHO CANNOT SPEAK, IMMORTAL BELOVED, THE ALL LIES INVASION, INSPIRE A NATION Volume I, INSPIRE A NATION Volume II , SLAUGHTER OF A DYNASTY , REICH AND WRONG, THE RED BRIGANDS, RANSACKING THE REICH , SCULPTURES OF THE THIRD RIECH: ARNO BREKER AND REICH SCULPTORS , SCULPTURES OF THE THIRD RIECH: JOSEF THORAK AND REICH SCULPTORS , The Exiled Duke Romanov Who Turned Desert Into Paradise , THE DOVETAILS , SEX FEST AT TIFFANY’S and other book titles. These illustrated best-selling books are essential for the libraries of informed readers.
MICHAEL WALSH NOVELS
The revenge of a predator is a city-vigilante epic better than Death Wish A LEOPARD IN LIVERPOOL , 55 lavishly illustrated first-hand stories by a Liverpool sailor THE LEAVING OF LIVERPOOL, Latest Killer-Thriller From Michael Walsh the City Vigilante Supremo The Stigma Enigma , A powerful thought-provoking paranormal romance The Soul Meets, How to form a naughty ménage a trois THE DOVETAILS and SEX FEST AT TIFFANY’S.
Latest Michael Walsh bestsellers: Those who fall victim to the taxman, banks and moneylenders are victims of legalised mugging DEBTOR’S REVENGE, The Business Booster shows you how to double your profits not your workload THE BUSINESS BOOSTER
MICHAEL WALSH is a journalist, author, and broadcaster. His 64 books include best-selling RHODESIA’S DEATH EUROPE’S FUNERAL, AFRICA’S KILLING FIELDS, THE LAST GLADIATORS, A Leopard in Liverpool, RISE OF THE SUN WHEEL, EUROPE ARISE, FOR THOSE WHO CANNOT SPEAK, THE ALL LIES INVASION, INSPIRE A NATION Volume I, INSPIRE A NATION Volume II, and many other book titles. These illustrated best-selling books are essential for the libraries of informed readers.
We are in debt to our donors who finance the distribution of spin-free real news and fearlessly expressed views.
KEEP REAL NEWS OPEN: Donate by using Western Union, MoneyGram, Ria, registered mail or contact Michael Walsh: firstname.lastname@example.org or email@example.com 2) Follow our blog. 3) Share our stories and 4) buy our author-signed books. 5) Receive free newsletters by writing subscribe to firstname.lastname@example.org
BOOKS THAT CHALLENGE, INSPIRE, INFORM Michael Walsh, ‘Writer of the Year’ with a strong global following. Nearly 65 interesting Amazon book titles famed for changing and improving lives. CLICK TO VIEW
New stories every day!
Categories: Current Events