Colliers International’ latest report “COVID-19 European Real Estate Markets Government Response” presents information on how the national governments across EMEA are supporting businesses with specific reference to commercial and residential rent/mortgage payments, business loans and grants, taxation allowances and business rates and household/individuals salaries. Concerning direct government support for occupiers and/or landlords with their commercial […]

Beaches and promenades are closed at many locations around Lake Balaton in western Hungary in accordance with the limitations due to the Covid-19 pandemic and tourists flooding to local resorts to take advantage of the pleasant weather at the Easter long week-end had to be turned back from several places, the news site napi.hu reports. […]

14 more people died of the Covid-19 disease in Hungary, raising the number of deceased in the current pandemic to 99 in this country. The confirmed number of people infected with the coronavirus now stands at 1,410. There are 15,333 people in compulsory home quarantine and 118 recovered. The official number of samples tested in […]

As the Operational Group responsible for the containment of the new coronavirus infection in Hungary announced at its daily press conference that eight more people died of this disease, raising the number of deceased to 66 in this country. The confirmed number of people infected with the coronavirus now stands at 980. There are 16,006 […]

Another 11 people (most of them elderly) passed away in Hungary as a result of the Covid-19 pandemic, bringing the number of fatalities related to this disease to 58 in Hungary with the number of people recovering from the virus infection increasing to 94. As of this Wednesday, 895 people are registered to have been […]

The idea of ​​implementing a unique device was born at the University Research, Innovation and Service Center (EKIK) of the University of Óbuda in Budapest and the university’s János Neumann Faculty of Informatics, in line with the strategic direction of research and development of the University's cyber-medical systems. Researchers at the University are working at […]

Two important novel features have been added to the LifeSaver application operated by the Vodafone Foundation and the National Ambulance Service (OMSZ) in Hungary. One of these is the Coronavirus Information button, which takes users to the Hungarian Government’s official coronavirus information site, making it directly accessible from the LifeSaver application. The other useful innovation […]

"We must simultaneously fight both the epidemic and its economic consequences: we must save lives and provide for the future. We must now adopt economic measures which will help us through the difficult phase which lies ahead of us," Prime Minister Viktor Orbán has announced. The PM said the goal of their economy protection action […]

In order to reduce the severe consequences of the Covid-19 crisis on domestic restaurants, Wolt, a food delivery company, is asking the government to reduce the 27% tax rate of food consumed outside restaurants (takeaway, delivery) to 5% that applies to food eaten at restaurants. The turnover of restaurants has decreased dramatically in the recent […]

The International Air Transport Association (IATA) published a new analysis showing that airlines may burn through USD 61 billion of their cash reserves during the second quarter ending June 30, 2020, while posting a quarterly net loss of USD 39 billion, ftnnews reports. This analysis is based on the impact assessment IATA released last week, […]

The International Air Cargo Association (TIACA) is reporting that results are being achieved in the efforts to facilitate flow of air cargo in the world through the work of a specially created by ICAO “COVID-19 Technical Group”. Its objective is in joint actions by the aviation industry related to COVID-19, and it also includes experts […]

The restrictions on movement are introduced as of this Saturday through April 11 for the the whole territory of Hungary. During this period, people will only be allowed to leave their homes "for good reason." According to the decree, these "good reasons" include going to work, performing occupational duties, pursuing economic, agricultural and forestry activities, […]

Hungarian energy giant MOL has started production of hand and surface sanitizers to offer protection against the COVID-19 coronavirus. Both products are in short supply in Hungary. Lubricants producer and MOL Group member MOL Lub managed to shift production of a windshield washer production line at its Almásfüzitő plant in just two week. The unit […]

With millions of jobs at risk as the pandemic hits tourism harder than any other sector, the World Tourism Organization (UNWTO), with the support of the World Health Organization (WHO), calls on innovators and entrepreneurs to put forward new solutions to help the tourism sector recover from the COVID-19 crisis. The 'Healing Solutions' global call […]

Qatar Airways says it is is continuing to keeping the skies open and getting as many people home as they possibly can in these challenging times. "Our state-of-the-art aircraft with their advanced air filter systems, combined with strict bio-security screening of our staff mean that we can continue operating a significant number of flights to […]