Hungary lost as many as 130,000 jobs to pandemic - PM's aide
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BUDAPEST (Reuters) - Hungary has lost 120,000 to 130,000 jobs due to the coronavirus pandemic, Prime Minister Viktor Orban's chief of staff said on Thursday, adding that the cabinet still expected the economy to contract by 3% this year.The National Bank of Hungary unexpectedly cut its base rate by 15 basis points to 0.75% on Tuesday, its first such move in four years, responding to greater-than-expected damage to the economy from the pandemic.The bank, led by Governor Gyorgy Matolcsy, a strong..