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According to the government, a credit moratorium could be of great help to debtors, next year the 53rd week of retirement will arrive, and the current crisis is more devastating than that of 2008, the Secretary of State for the Ministry of Finance said in an interview. Hacienda, András Tállai.
Labor, tax and other measures introduced in the spring helped the situation of approximately one million workers, among which wage subsidies guaranteed the protection of almost three hundred thousand jobs. The credit default could leave HUF 2 billion with 1.6 million bank customers this year, and a specific extension of the line could mean another $ 450 billion for hundreds of thousands of customers next year, Deputy Minister András Tállai told Magyar Nemzet. The moratorium does not constitute, of course, a permanent exemption, only a temporary suspension of the obligation to pay, although this was not specifically mentioned by the Secretary of State.
He also went into a comparison on the economic crisis of 2008, speaking of comparing the crisis situation of a decade ago with the current one in a limping sense. “The scale, course and duration of the two crises are different, 2008 was far from being as devastating as the current one.
However, he indicated that now the government is not preparing for austerity like its predecessor, but would help the population with subsidies. At the beginning of next year, for example, the reinstatement of the 13-month pension will begin. The latest designation is a bit misleading: In early 2021, beneficiaries will not receive a full monthly benefit, but only a quarter of their regular pension, which is essentially a 53rd weekly payment. This week, Prime Minister Viktor Orbán said that the additional benefit would definitely be introduced next year.
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