Government Debt Management Agency releases horrific chart
In the current loan moratorium every bank must adjust to customer needs, says Márton Nagy
Trusts in V-shaped crisis
Not everyone is as upbeat as the IMF
Life will not return to normal from one day to another
ING updates estimates
Corporations have a few days to come up with estimates
Kurzarbeit to cost HUF 60 billion per month
Deficit could also rise higher than the revised target
But recovery will be swift
World Bank adjusts estimates to coronavirus impacts
Hungarian growth stood out, so contraction also will
Central bank and debt managment agency spring into action
Economic stimulus package could reach 18-22% of GDP
IMF money to be available also beyond 2020.
Erste Bank publishes revised forecasts for CEE
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!