Relief Therapeutics Holding AG (RLFTF)

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BUDAPEST, Hungary (AP) — The number of new confirmed coronavirus cases spiked Friday in parts of eastern Europe, with Hungary and the Czech Republic registering all-time daily highs. Signs of the pandemic's resurgence were also evident in Britain and the Netherlands.

Hungarian Prime Minister Viktor Orban said his government was drafting a “war plan” to defend against the second wave of the pandemic. The plan's aim was “not for everyone to stay at home and bring the country to a halt ... but to defend Hungary’s functionality," Orban said.

The prime minister said measures meant to protect the economy and spur growth would be introduced in the coming weeks. In the second quarter of the year, Hungary's gross domestic product fell 13.6%, the worst drop in the region.

Orban reiterated the need to protect the elderly, one of the group's most at-risk during the pandemic, and authorities have banned most visits to retirement homes and hospitals to stem the spread of the virus.