The coordination council of employers, employees and municipal representatives (Főét) has suggested that Budapest should be compensated from central coffers for lost business tax revenues so that “it can perform its public tasks at a high level”, Mayor Gergely Karácsony said on Facebook on Wednesday.
Karácsony said Főét had held a meeting earlier in the day where participants discussed possible ramifications of the government suspending the local business tax as a result of the coronavirus pandemic.
He said that losing further revenues could “force the local government to take steps that would significantly impact the infrastructure and public services for businesses and residents”.
Featured photo illustration by Tamás Kovács/MTI
