Hungary May also Receive Major Relief due to Coronavirus

2020. május 19.


Non-euro zone EU member states, including Hungary, would like a temporary relief of capital requirement rules on euro-denominated bond issuances, Reuters reported. Now that the novel coronavirus (COVID-19) is pushing economies into recession across the bloc, these countries are concerned they would face higher capital charges on issuing bonds in euros just because they are outside the euro area.  More...