Mihály Varga on budget, recovery, pandemic, dispute with Fiscal Council, euro adoption
Mihály Varga presenting the plans
Once the country re-opens, the measures are a go
Q1 figure more than 75% of annual target
Finance Minister addresses key economic issues in interview
2020 recession smaller than previously thought, GDP growth seen booming in Q2
Corporate investment programme to continue this year
Tourism may continue to receive wage subsidy until June says Varga
Gov’t grants support HUF 11.4 bn in developments
Contracts signed with 5 local companies
Travel agencies now also included
Turnaround in crisis could come in May or June next year
Economic Protection Operational Corps approves six proposals
Finance Minister heralds new measures after economic protection meet
Corporate tax rate to be cut to 5%, president says
German companies concur
Government optimism gone
Investments are also to be incentivised
2019 output level could be reached in two to three years