How will the crisis affect Hungary's regional peers?
Recovery will not be full even in 2021
Gilead’s Veklury first to get go-ahead
United States a bit thrifty
Member states are to decide on their own, though
To compensate large companies for damages suffered due to coronavirus outbreak
To be funded through EUR 2.7 bn Emergency Support Instrument
Commission Vice-President highlights disinformation campaigns by Russia, China
South will receive too much and CEE region too little according to Varga
Outcry ensues
European Council approves conclusions
For 2021-2027 period
Two-thirds will be non-refundable subsidy
Makes five recommendations
European Commission publishes Spring 2020 Economic Forecast
Coronavirus Global Response pledging marathon starts on Monday
Up to 5,000 companies could benefit amidst coronavirus crisis
For companies, with public guarantees on loans
To households and businesses in the EU
EU 27 GDP projected to decrease 10% this year