Commission urges solution to manage the short-term impacts of the pandemic
Balance shows handsome surprise
About 25% of funds go to stated objectives
Reforms cannot wait, for it takes time for them to bear fruit
Well over expectations
General government data to be released
Money to run out by November due to gov’t measures
Tourism may continue to receive wage subsidy until June says Varga
HUF 44 bn withdrawn from bottomless coffers
Generous gifts in the bag for soccer stadiums too
The gift that keeps on giving
Emissions to be cut 55% from 1900 level
Budget deficit seen remaining elevated for an extended period
Foreign Minister Heiko Maas ‘absolutely certain’ agreement is near
“Another ship to leave the convoy” unless an agreement is reached
But could sit back and relax for years to come
Total shortfall over HUF 2.6 trillion
A whole new budget in the making