March 19, 2020 / 10:06 AM / 21 days ago

Hungary govt pledges steps to help small and medium sized businesses

BUDAPEST, March 19 (Reuters) - Hungary’s government will take steps together with the central bank to help small and medium sized businesses weather the difficulties stemming from the coronavirus pandemic, Prime Minister Viktor Orban’s chief of staff said on Thursday.

Orban on Wednesday already announced a blanket moratorium on loan repayments for all companies and private borrowers until the end of the year. (Reporting by Krisztina Than)

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