Adverse scenario projects 4-6% recession, budget gap over 5% of GDP
PM's cabinet chief informs public
Budget deficit target is not set in stone, either
Government Debt Management Agency releases horrific chart
COVID-19 upsets original plans
From almost two-year low in February
Downgrades also on the horizon
Kurzarbeit to cost HUF 60 billion per month
Deficit could also rise higher than the revised target
Houston, we've had a problem
Erste Bank publishes revised forecasts for CEE
State spends HUF 245 billion so far on coronavirus-related protection
Economy is freezing up, while government is only pussyfooting
This is more of an economic psychological experiment than a prognosis
1.0% target does not even come up anymore
Painful recession looms, counter measures must be bigger, bolder!
Economic policy envisages recession, fiscal stimulus up ahead
Tax revenues, however, keep coming in nicely
The biggest decrease of the millennium
Commission may go easy on budget deficit, public debt requirements