• Rajan Doering

Update on Hungarian Response to the COVID Crisis

Updated: Jun 15

Release date: 3 June 2020

Sources: http://hungarymatters.hu/2020/06/03/hungarys-trade-plunges-on-pandemic-impact/

It appears as if there could be signs of hope that the coronavirus epidemic is nearing its end in Hungary. Since the first case was reported three months ago, the number of deaths recently peaked, and there have now been ten consecutive days of decline. In all, 532 of the 3921 total cases resulted in a death, with the largest number of cases coming from Budapest. 

Generally, citizens have demonstrated a willingness to follow lockdown procedures, and the government has indicated that it plans on continuing to have strict guidelines. Going forward, Hungary will also benefit from a donation of health equipment from Turkey that included tens of thousands of visors and hand sanitizers. Turkey adds to the growing list of countries that have donated to Hungary to help with the pandemic, which, according to Turkey’s ambassador to Hungary, is part of why Hungary has been able to control the virus.

If Hungary indeed succeeds in controlling the virus, it should be good news for international trade. When the virus first started in March, exports dropped by 7.5% and imports dropped by 4.2%.


Original article: http://hungarymatters.hu/2020/06/03/five-coronavirus-patients-die-3921-registered-infections-in-hungary/

  • LinkedIn Social Icon
  • White Facebook Icon

Copyright © 2020 InvestCEE, All rights reserved.