Did Hungary manage the pandemic the most efficiently in the EU?

Photo: MTI/Szilárd Koszticsák

Hungary has been the most efficient in managing the COVID-19 pandemic in the European Union, according to the pandemic management competitiveness indicator (PMCI) made by the experts of the National Bank of Hungary (MNB).

The analysis was written by Péter Asztalos, Gergely Baksay, and Ákos Szalai, and it was published on MNB’s website on Friday, reported VG. The three experts say that they consider nine factors when putting the PMCI together; they study not only the number of infected or deceased people in the countries but also the degree of economic downturn and unemployment rates.

Hungary received 73 points out of the maximum of 100, which is 18 points higher than the average in the European Union and 14 points above the region’s average. Hungary is followed by Slovenia and Germany, while Belgium, France, Italy, Spain, and Sweden are at the end of the list. The end of the list is mainly made up of Mediterranean countries. The Visegrad Group – including Hungary – all received scores higher than the EU average.

The most recent COVID-19 Regional Safety Assessment of June studied 200 countries or regions, considering 130 parameters. Hungary received 656 points out of the possible 1,000, which is the 4th highest score among all EU states and 18th in all of the world.

Hungary finished in 3rd place in the “Emergency Preparedness” category out of the 200 countries in the analysis. The number of infected people in Hungary is the 3rd lowest, while in terms of deceased people, Hungary finished somewhere in the middle, with a relatively low count.

Hungary’s economic performance may decline by 4.6 per cent this year, according to market expectations; one of the lowest expected declines among all EU states, the three MNB experts wrote. The 4.6 per cent of GDP general government deficit, which is expected by the market analysts, is the 4th lowest in predictions for EU countries.

The unemployment rate in Hungary increased by 1.3 per cent between January and May 2020, reaching 4.7 per cent in May 2020, which is the 7th lowest in the European Union, so in terms of unemployment indicators, Hungary is somewhere in the middle amongst other EU countries.

Read alsoCoronavirus – Operative board for protecting economy established

Read alsoWill the Hungarian Forint survive post-pandemic economy?

Source: vg.hu

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2 Comments

Gary.J.A.Booth-Hansen. says:

27/07/2020 at 10:25

Prime Minister – Victor Orban and his Government have been exemplary in there Management and Control of this novel coronavirus pandemic.
The citizens of Hungary must be applauded for there adherence and conduct – OBEDIENCE – to the applicable changes, by Democratic use of law, that have been introduced by Government, in these on-going challenging times that we ALL live.
We ALL must remain disciplined focused on the conduct of our lives, and take ownership and responsibility for decisions we make in these challenging and difficult times.
There still has not been a vaccine discovered that can immunize human beings from contacting this deadly virus.
Thinking forward climatically, a theory that I have, and I have no degrees in Medical Science, looking at the world globe at this point of time, is that this novel coronavirus appears to favour the colder climatic weather.
There is supreme confidence in me, that our Prime Minister – Victor Orban and his Government, will have continually been looking at climatic conditions, the statistics that are available, to do analysis, on the comparable of seasonal weather patterns.
They will make the correct decisions, based on Medical Science, when the cooler winter months time of year comes around, putting the lives of there beloved Hungarians first and what is best for us, to ensure there continuation of the Control and Management of this deadly virus.
Stay Well – ALL.
Eric says:

31/07/2020 at 18:06

Hungary ‘performed so well’ because there there is no pandemic. What there is – in the West – is data distortion of death numbers via reassigning all deaths as Covid deaths which then are multiplied via the maltreatments in day care centers and hospitals. In Hungary the test results are not fabricated either, in the West they are. Even negative results are recorded as positive to maintain the appearance of a pandemic. All over the West this is done in order to serve Big Pharma’s agenda to vaccinate the world, Western govs are bribed into submitting the public to a long ago thought out GM-vaccination agenda, while in Hungary the current government protects the people and resists corruption. If you look at the number of deaths in Hungary during this period, it is evident that only those died who would have died anyway, they were just classified as Covid-deaths because that’s what the WHO ordered all hospitals and MDs to do.