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The government is extending wage support for companies hit the hardest by pandemic restrictions through April, state secretary for employment policy Sándor Bodó said on Monday.

The government offered to cover half of gross wages of businesses that have been hit the hardest by the pandemic as it tightened restrictions and introduced a curfew in November. It also exempted those businesses from payroll tax, effectively subsidising two-thirds of payroll costs.

The subsidies were available first to companies in the tourism and catering sectors, but expanded in March to include companies impacted by the closure of non-essential businesses to contain the spread of the coronavirus.

So far, more than 52 billion forints (EUR 143,2m) in subsidies have gone toward preserving 132,000 jobs.

Beauty Industry Struggles, Wants Reopening
Beauty Industry Struggles, Wants Reopening

Following last year’s difficulties, the beauty industry found itself in a tough situation once again due to the new, stricter lockdown measures. As the government’s economic protection program hardly helps them, in a petition, signed by almost 50,000, they want a reopening to begin after March 22nd.  After the dying hospitality sector, many in the […]Continue reading

Companies may apply for the wage support until April 30.

featured image: Sándor Bodó in the Parliament; via Zsolt Szigetváry/MTI