Gulyas: Hungary's economy 'stable'

Hungary's economy has suffered from the corona crisis but chances are good that it will be among Europe's most stable, the head of the Prime Minister's Office said on Thursday. This year's projected economic recession could be offset next year by a jump in growth, Gergely Gulyas told a regular press conference. Progress has been made in protecting jobs, with the government offering support for the labour market and training with the aim of protecting over 1.14 million jobs, he said. A total of 175,000 registered job-seekers have received financial support, the support schemes have protected 302,000 jobs, 62,000 people have applied for IT training and 12,000 applied for loans under the arrangements of a scheme dubbed "student loan plus", Gulyas said.