Weekly newsletter

Coronavirus: Jobbik Calls for Extension of Debt Service Moratorium

MTI-Hungary Today 2020.09.12.

The opposition Jobbik demands that the government extend the current debt service moratorium, introduced in response to the economic impact of the coronavirus epidemic in the spring, by at least one year and that it be made applicable for both retail and corporate loans, the party’s deputy leader said in Tiszaújváros, in north-eastern Hungary, on Saturday.

Jobbik wants the moratorium, which would expire on December 31, “to help individuals and companies in January, too, and without having to pay an interest even on a compound interest,” Dániel Z. Kárpát said. He also suggested that a moratorium on evictions of troubled mortgage holders should be in force until the end of the coronavirus crisis.

What Will Hungary’s Post-Coronavirus Economy Look Like?
What Will Hungary’s Post-Coronavirus Economy Look Like?

Hungary’s domestic reopening officially happened on June 15th, and since then there has been a sort of return to normalcy. Bars are open, beachgoers are flocking to Lake Balaton, and many other tourist areas around the country are seeing a slow but steady uptick of visitors. Meanwhile, new Covid-19 infections have remained consistently low. But […]Continue reading

Z. Kárpát insisted that the government was unable to handle a deepening economic crisis and it could not provide jobs to “masses of people becoming unemployed”.

featured photo: Tamás Kovács/MTI


Array
(
    [1536x1536] => Array
        (
            [width] => 1536
            [height] => 1536
            [crop] => 
        )

    [2048x2048] => Array
        (
            [width] => 2048
            [height] => 2048
            [crop] => 
        )

)