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.
Producing journalism that is worthy of the name is a costly business. For over 30 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.
