Wage support for hardest-hit sectors extended till March

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Wage support the government is offering for workers in the tourism and catering sectors has been extended through March, Innovation and Technology Ministry state secretary Tamás Schanda said on Friday, according to a report by state news wire MTI.

The government offered to cover half of gross wages of businesses that have been hit the hardest by the pandemic as it tightened restrictions and introduced a curfew in November. It also exempted those businesses from payroll tax, effectively subsidizing two-thirds of payroll costs.

Schanda said more than 16,000 businesses had applied for over HUF 41 billion of the wage support for some 115,000 employees. About 95% of those applications were accepted and 99% of the subsidies, close to HUF 39 bln, have been awarded, he added.

Hungary's government has decided to extend pandemic restrictions, which include an evening curfew, a ban on dining in and the closure of commercial accommodations, until March 15.

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