Wage support payouts exceed HUF 80 bln

Government

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Hungary's government has paid out more than HUF 80 bln in wage support to companies hit hard by pandemic restrictions, state secretary Sándor Bodó said on Wednesday.

More than 30,000 Companies have applied for support for over 176,000 people on payroll, Bodó said.

The government offered to cover half of gross wages of businesses in the tourism and catering industries 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.

The range of eligible businesses was later expanded to include non-essential ones forced to close early in March as the number of Covid infections climbed.

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