ADVERTISEMENT

Self-employed apply for HUF 13 bln of stimulus payments

Government

Shutterstock.com

More than 60,000 self-employed Hungarians have applied for around HUF 13 billion of one-off stimulus payments the government is providing in professions hit hardest by pandemic restrictions, state secretary for employment policy Sándor Bodó said on Thursday.

The HUF 219,000 payments, equivalent to one month's minimum wage, aim to support the recovery for self-employed Hungarians working as hairdressers, cosmeticians, tour guides, and driving instructors, among other professions.

Self-employed Hungarians were not eligible for pandemic wage support earlier available to companies with people on payroll.

Bodó said hairdressers and cosmeticians account for the highest number of applications, adding that cosmeticians alone have submitted around 25,000 applications.

The government has estimated that 100,000-120,000 self-employed Hungarians are eligible for the stimulus.

ADVERTISEMENT

Rate-setters augur slower decline in CPI in 2022 Analysis

Rate-setters augur slower decline in CPI in 2022

Lawmakers approve residency permit for digital nomads Parliament

Lawmakers approve residency permit for digital nomads

The strongest move - Morgan Stanley Hungary head and Chess F... Podcasts

The strongest move - Morgan Stanley Hungary head and Chess F...

ITM, capital gov't agree on support for public transport City

ITM, capital gov't agree on support for public transport

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.