After a meeting of the Economic Protection Working Group on Saturday, the prime minister spoke on video of the decisions. Six months, the credit moratorium will be extended to certain social groups.

The credit moratorium has so far helped 1.6 million families and 60,000 businesses, which means that by December there will be 2 billion florins with families and businesses, Orbán began the video uploaded to Facebook.

He then announced that the moratorium on household credit would be extended for another six months from January 1 for the following social groups:

– families raising children

– retirees

– unemployed

– Public employees.

Entrepreneurs will have to declare if they want an extension of the moratorium and if their income has fallen by more than 25 percent, they will receive it.

The prime minister also announced that all loans for homes and businesses obtained before the outbreak will be subject to a six-month notice ban.



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