© Reuters. EU leaders summit in Brussels
BUDAPEST (Reuters) - Hungary needs to kickstart its economy while fine-tuning rules to prepare for a second wave of the pandemic, Prime Minister Viktor Orban said on Friday.
Orban told state radio that unlike in March, when all schools closed under a national lockdown, the government will keep classes open and decide on any closures on a case-by-case basis.
"We await the second wave fully armed," Orban said. "We must not just keep the economy operational - we need to be able to boost the recovery."
Gross domestic product data have shown a year-on-year contraction of 8.2%-13.6% in countries across central Europe. Hungary was the worst hit with its second-quarter GDP falling 13.6%.
Orban said the government would meet later in the day to discuss rules in order to "allow the greatest possible freedom with all the important restrictions".
Hungary has closed its borders to foreigners since Sept. 1 to curb a rise in coronavirus cases. Returning Hungarian citizens can leave a 14-day quarantine only if they provide two negative COVID tests.
Subsequently, Hungary decided to exempt tourists visiting from three neighbouring states, provided they test negative for COVID-19 before arriving, prompting a rebuke from the European Commission.
As of Thursday, Hungary had reported 6,923 coronavirus cases with 620 deaths. The number of new cases has surged in recent days, just as Hungary started a new school year.
According to a presentation of epidemology experts working for the government, the virus was spreading mainly among young people, with the average age of infected at 32 1/2 years at the end of August.
The experts proposed banning bigger events, providing free testing, fast contact detection and making masks mandatory in closed spaces.
Other relevant articles
[2020-09-04 08:45:11] Weak rise in German industry orders dents hopes for robust...
[2020-09-04 07:50:10] UK sees just 30-40% chance of Brexit trade deal: The Times
[2020-09-04 07:20:27] Japan second-quarter GDP slump may be worse than expected as...
[2020-09-04 06:25:29] New UK car registrations slip in August, industry data shows
[2020-09-04 01:15:10] Job ads slow in UK but office experts in demand, survey shows
[2020-09-03 17:20:06] Bank of England says regulators must keep ahead of stablecoins
[2020-09-03 16:15:07] U.S. service sector activity slows in August - ISM survey
[2020-09-03 15:40:07] U.S. second-quarter productivity revised sharply higher; fastest...
[2020-09-03 14:45:07] U.S. weekly jobless claims drop more than expected
[2020-09-03 14:40:06] Initial Jobless Claims Fall to 881,000 in Latest Week
[2020-09-03 13:45:07] Struggling airlines lead U.S. planned job cuts in August: report
[2020-09-03 11:20:14] Euro zone July retail sales much worse than expected
[2020-09-03 10:55:06] Britons slowly returning to workplaces, statistics office says
[2020-09-03 10:45:06] UK job losses accelerate in August, PMI shows
[2020-09-03 10:20:26] Euro zone economic recovery loses momentum in August: PMI
[2020-09-03 08:10:06] French economic recovery plan key to averting job losses: PM
[2020-09-03 06:30:09] Chinaâ€™s Services Industry Sees Fourth Consecutive Month of Growth
[2020-09-03 06:30:09] Saudi non-oil private sector deteriorates in August after tax...
[2020-09-03 05:55:21] Analysts upgrade Australia, New Zealand dollars outlook but doubt...
[2020-09-03 01:15:11] More than 10% of British shops vacant, survey shows
[2020-09-02 16:20:07] U.S. factory orders rise more than expected in July
[2020-09-02 14:40:07] U.S. private payrolls increase modestly in August-ADP
[2020-09-02 14:20:07] ADP: U.S. Added Only 428k Private Sector Jobs in August, vs 950k Expected
[2020-09-02 08:55:06] Weak German retail sales dash hopes for strong recovery
[2020-09-02 01:25:14] UK retailers step up their discounting in August, BRC says
[2020-09-01 20:40:04] U.S. employment projected to increase 6 million from 2019 to...
[2020-09-01 18:40:04] Trump Says U.S. Must Be â€?Well Compensatedâ€™ in TikTok Deal
[2020-09-01 18:30:08] U.S. manufacturing activity at nearly two-year high; new orders...
[2020-09-01 16:25:03] U.S. construction spending almost flat in July: Commerce Department
[2020-09-01 16:15:03] U.S. manufacturing activity at 19-month high in August
[2020-09-01 15:55:03] Canadian factory sector growth jumps to two-year high in August
[2020-09-01 12:15:03] CEE manufacturing recovery marches on but signs of slowing
[2020-09-01 11:00:05] UK mortgage approvals jump as housing market bounces back
[2020-09-01 10:45:03] UK factories see big upturn in August, but from low ebb: PMI
[2020-09-01 10:40:02] Germany revises upward 2020 GDP forecast, sees weaker rebound in...
[2020-09-01 10:25:02] Euro zone factory output stayed strong in August: PMI
[2020-09-01 10:20:03] German manufacturing recovery remains on track in August: PMI
[2020-09-01 10:05:02] Spanish prime minister moderately optimistic about economic...
[2020-09-01 07:25:06] Chinese Factory Activity Bolstered Over 2020â€™s First New Export...
[2020-09-01 01:10:30] South Korea revised second-quarter GDP down 3.2%, ticks up from advanced estimates
[2020-08-31 07:25:25] Number of German companies with short-time work declines in...
[2020-08-31 02:10:22] Japan July industrial output rises 8.0% month-on-month
[2020-08-30 12:45:18] Wizz Air to cut flights as Hungary closes borders to foreigners
[2020-08-28 17:55:11] China revises list of technologies banned, restricted for export
[2020-08-28 14:50:11] U.S. consumer spending beats expectations in July
[2020-08-28 14:45:11] Exclusive: Germany seen revising upward its 2020 GDP forecast,...
[2020-08-28 13:30:11] Banks eye layoffs as short-term crisis ends, long-term costs emerge
[2020-08-28 11:10:20] Euro zone sentiment recovers for fourth straight month in August
[2020-08-28 09:15:10] French savings surged, profits plunge in record second-quarter...
[2020-08-28 01:15:11] UK business confidence rises from lows, job cuts on the way:...
[2020-08-27 20:25:07] U.S. Labor Department changes jobless claims data methodology...
[2020-08-27 18:20:07] Pelosi says White House must offer more COVID-19 funding for any deal
[2020-08-27 16:10:11] U.S. pending home sales rise for third straight month in
[2020-08-27 14:45:07] U.S. weekly jobless claims drift around 1 million
[2020-08-27 14:40:07] Initial Jobless Claims 1.006 Million; Second Reading of GDP -31.7%
[2020-08-27 04:05:17] Australia second-quarter business investment contracts by most in...
[2020-08-26 16:15:07] White House says Trump could act unilaterally to avoid U.S....
[2020-08-26 16:00:08] U.S. core capital goods orders rise but remain below February...
[2020-08-26 09:15:06] French consumer confidence holds steady in August
[2020-08-25 16:20:03] U.S. consumer confidence unexpectedly falls in August
[2020-08-25 16:20:03] U.S. new home sales beat expectations in July
[2020-08-25 14:35:03] Indian government consumption key to growth in economy amid...
[2020-08-25 12:20:03] UK retailers cut jobs by most since 2009, CBI says
[2020-08-25 08:25:02] German economy shrank by record 9.7% quarter-on-quarter in second...
[2020-08-25 05:45:47] Australian employment falls further, intensifying labor market...
[2020-08-25 01:20:25] CEOs speed up digital push and downsize offices, KPMG survey shows
[2020-08-24 08:15:23] Safe bet? Sovereign funds rethink once-reliable real estate
[2020-08-24 00:30:22] Mexico has won back nearly 67,000 jobs in August, president says
[2020-08-22 15:15:15] Lukashenko must leave sooner or later, opposition leader Tsikhanouskaya says
[2020-08-22 13:05:14] More than half of Spanish companies reopen after closing at...
[2020-08-22 03:15:14] Erdogan announces biggest Turkish gas find in Black Sea
[2020-08-21 23:50:12] Mexico inflation seen ticking up to 14-month high in early August
[2020-08-21 21:45:12] Colombia unveils plan to boost foreign investment, multinational...
[2020-08-21 21:40:11] Brazil posts biggest formal job gain for July since 2012
[2020-08-21 16:15:11] U.S. existing home sales shoot to near 14-year high in July
[2020-08-21 16:10:16] U.S. business activity surges to early 2019 levels: Markit flash...
[2020-08-21 10:50:11] UK firms see sharp August upturn but job cuts mount, PMI shows
[2020-08-21 10:15:10] Euro zone business recovery stuttered in August: PMIs
[2020-08-21 09:45:11] German recovery losing some momentum as services struggle in...
[2020-08-21 09:40:10] French business activity weaker than expected in August: PMI
[2020-08-21 08:20:13] UK retail sales rise above pre-pandemic levels
[2020-08-21 01:20:10] Britons a bit more upbeat on finances but worried about economy,...
[2020-08-20 14:50:07] U.S. weekly jobless claims back over one million
[2020-08-20 14:40:07] Initial Jobless Claims Unexpectedly Rise to 1.106 Million
[2020-08-20 11:00:10] UK online job adverts slip back, ONS says
[2020-08-19 08:40:07] UK inflation jumps unexpectedly in July
[2020-08-19 08:05:07] Taiwan to further free up economy, aiming to become Asian...
[2020-08-18 22:55:05] New York transit agency turns to Fed for $450 million borrowing
[2020-08-18 20:35:28] New Canadian Finance Minister Freeland earned spurs in trade...
[2020-08-18 17:05:04] U.S. housing starts surge in July in rare pandemic bright spot
[2020-08-18 13:50:08] Norway wealth fund sees turbulent times ahead on financial...
[2020-08-18 10:10:03] German engineering exports plunge in second-quarter as pandemic...
[2020-08-18 07:00:08] Indonesia posts biggest trade surplus in 9 years in July
[2020-08-18 06:05:11] Taiwan July export orders likely to rise for fifth straight...
[2020-08-17 22:00:27] Trump vows create tax credits for firms that bring jobs back from...
[2020-08-17 17:05:22] U.S. homebuilder confidence matches record high
[2020-08-17 11:10:21] UK household finances take new turn for the worse: survey
[2020-08-17 05:05:21] Thai second-quarter GDP shrinks 12.2% year-on-year, weakest in 22 years
[2020-08-16 06:25:17] China must guard against rebound in shadow lending: regulator
[2020-08-14 18:15:12] Vaccine makers including Moderna must hit U.S. timing goals for...