HUF 10 m interest-free loan to help most vulnerable businesses in Hungary

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The government’s action plan for reopening the economy includes 10 million forint (EUR 28,000), interest-free loans offered to SMEs in the most vulnerable sectors, with repayments deferred by three years in order to allow time for the sector to recover, Finance Minister Mihály Varga said on Sunday.

Varga told public Kossuth Rádió that the government projects 4-5 percent economic growth in 2021 thanks to support to be paid for economic recovery this year.

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