Hungary

PM Orban says government ready to help Audi to allow Hungarian plant run at full capacity

BUDAPEST (Reuters) - Hungary is ready to give financial support to Audi (NSUG.DE) to allow its Hungarian manufacturing plant to run at full capacity in the wake of the coronavirus pandemic, Prime Minister Viktor Orban was reported as saying on Monday as he visited the plant.

“We have to fight for the Audi plant as well,” state news agency MTI cited Orban as saying. Orban said Audi was key to the Hungarian economy’s recovery from the adverse impacts of the coronavirus pandemic.

Over 1,000 people join "Black Lives Matter" protest in Hungarian capital

BUDAPEST, June 7 (Xinhua) -- More than 1,000 people gathered at a Black Lives Matter demonstration in front of the U.S. embassy in downtown Budapest on Sunday, protesting against the police killing of African American George Floyd in the U.S. city of Minneapolis.

Almost all of the protestors wore masks. The police presence was strong, but they did not intervene. Demonstrators, mostly young Hungarians, held up banners reading "Black Lives Matter" at the front of the demonstration.

Hungary PM warns of potential second coronavirus wave in October-November

BUDAPEST (Reuters) - Hungary needs to prepare for a potential second wave of coronavirus cases in October and November after a likely slowdown in the outbreak’s infection rate in the summer, the prime minister told state radio on Friday.

Viktor Orban also said restrictions on movement in Budapest and surroundings, where 80% of the country’s coronavirus deaths have been recorded, would not be eased until the fatality rate fell in that area.

Hungary's economy likely to shrink more than 3%, deficit goal 'not carved in stone' - finance minister

BUDAPEST (Reuters) - Hungary’s economic contraction this year is likely to be deeper than the government’s projection last month for 3% and the current budget deficit goal of 3% per GDP is “not carved in stone”, Finance Minister Mihaly Varga told Reuters on Friday.

Varga said the government will revise its GDP and deficit projections at the end of April as the coronavirus pandemic is taking a bigger than expected economic toll on the Central European country.

Hungary prepares $30 billion coronavirus package to jump-start economy

BUDAPEST (Reuters) - Hungary is preparing to announce a roughly $30 billion package of measures to help jump-start the economy, a top government official said on Saturday, as the coronavirus outbreak shutters factories and raises the specter of recession.

Parliament, where the ruling Fidesz party has a strong majority, has granted Prime Minister Viktor Orban the right to rule by decree to fight the coronavirus, ignoring calls by opponents and rights groups to put a timeframe on the extra powers.

Hungary's Orban seeks sweeping new powers in virus fight

30 March 2020; AFP: Hungary's parliament was expected to endorse a bill on Monday giving nationalist premier Viktor Orban sweeping new powers he says he needs to fight the new coronavirus pandemic.

Critics at home and abroad have condemned the "anti-coronavirus defence law", saying it gives Orban unnecessary and unlimited power in a ruse to cement his leadership rather than battle the virus.

Hungary’s PM Orban seeks sweeping new powers in virus fight

BUDAPEST, March 30 (NNN-AGENCIES) — Hungary’s parliament was on Monday expected to endorse a bill giving nationalist premier Viktor Orban sweeping new powers he says he needs to fight the new coronavirus pandemic.

Critics at home and abroad have condemned the “anti-coronavirus defence law”, saying it gives Orban unnecessary and unlimited power in a ruse to cement his leadership rather than battle the virus.

Orban’s government proposed the bill to parliament earlier this month to enable wide rule-by-decree powers to tackle the virus under an extended state of emergency.

Hungary PM imposes lockdown from Saturday, sees coronavirus peak by July

BUDAPEST, March 28 (NNN-AGENCIES) — Hungary is imposing a two-week lockdown to slow the spread of the coronavirus epidemic, which is expected to peak in the country in June or July, Prime Minister Viktor Orban said.

Citizens will be allowed to go to work, shop and take limited exercise outside during the lockdown, which starts on Saturday, but should keep distance from each other, Orban said on public radio, adding that restrictions would be enforced by police.

Hungary to deploy military personnel to 140 state companies during pandemic

BUDAPEST (Reuters) - Hungary will deploy special military task forces to monitor the operations of 140 state companies providing critical services during the coronavirus pandemic, Defence Minister Tibor Benko said late on Wednesday.

The newly created task forces, consisting of several soldiers, police officers and disaster unit workers, will provide regular briefings on the companies to the defense ministry, Benko told public television.

PM Orban pledges gov't help for Hungary's virus-hit economic sectors

BUDAPEST, March 10 (Xinhua) -- At a forum organized by the Hungarian Chamber of Commerce and Industry (MKIK), Hungary's Prime Minister Viktor Orban on Tuesday pledged government assistance to economic players who suffer losses due to the novel coronavirus.

"An economic protection action plan is needed," Orban said, adding that he had asked the MKIK to collect feedback from business leaders on the difficulties the different industrial sectors expect to face and the ways to address them.

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