Wolf Theiss

HUNGARY: NEW LENDING MARKET PROVISIONS DUE TO COVID-19

Due to the COVID-19 outbreak, the Hungarian government has declared a state of emergency as of 11 March 2020. On 18 March 2020, the Hungarian government introduced additional economic measures by adopting Government Decree 47/2202 (III. 18.) (Decree), which will impact lending procedures. The Decree is effective as of 19 March 2020. In order to learn more, please download the file below.

For further information please contact

Melinda Pelikán
Melinda
Pelikán
Counsel
Hungary

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