Hungary update:
Infection rate is low in the general populace, random blanket screening shows around 2 out of 8000 as infected.
Making antivirals.
Confirmed
3 341 | Cured
1 102 | Deceased
430 |
Plans are made for economic reopening with social distancing, masks are required indoors. Discipline and social distancing prevails! With these we can keep the economy on life support and keep people fed, while keeping the virus from spreading too much.
- All due payments are suspended which are caused by loans to persons and companies. It is valid for capital and interest payment as well. This is in force up to the end of the year.
- Short-term loans for companies are prolonged up to 30 June.
- Loans delivered from 19 March may have a maximum 5% above the Hungarian National Bank’s interest rate.
- Government remits subsidiaries which should have to paid based on the number of employees on the fields of tourism, catering, leisure, sport, culture and personal taxi services. Employees working in these sectors do not have to pay a pension subsidiary and the fee for receiving the benefits of the health sector is the minimum fee declared in the act.
- Taxi drivers subject to the KATA tax system are exempt from tax until 30 June.
- Rental contracts which are in connection with the above listed sectors may not be abrogated, rental fees may not be increased.
- Contribution to the development of tourism (a kind of tax) is suspended until 30 June.
- Labor rules will be more flexible, to make agreements between employers and employees easier.
The Order about these changes was published in the 18 March edition of Magyar Közlöny. Mihály Varga Minister of Finance and representatives of Hungarian Banking Association had a meeting regarding actions listed above.
We are also getting our "Orban Forints" , goverment aid to those whose work hours have been halved by economic restrictions.
I think reopening travel and eateries is early by half a year, but so far the goverment did a good job. If it explodes again I'm sure they'll clamp down again.