The government is providing 1,800 billion forints (EUR 5bn) over the next seven years to less developed regions and localities so they can put their own ideas on how to flourish into practice, the finance minister said on Tuesday.
Prime Minister Viktor Orbán met in his office the Hungarian medallists in the 2021 EuroSkills competition for young European skilled workers, his press chief said on Saturday.
Wage growth in Hungary quickened to an annual 8.9% in August from 7.9% in the previous month, the Central Statistical Office (KSH) said on Friday.
László Palkovics, Hungary’s minister of innovation and technology, had talks in Stuttgart with senior officials of Baden-Württemberg focusing on key areas of bilateral cooperation such as car making and further opportunities in research and development.
Hungary is continuously developing its strategic national capabilities, the minister of foreign affairs and trade said, adding that the coronavirus epidemic had shown that a lack of those capabilities could “put the country in a vulnerable position in extraordinary circumstances”.
HICP inflation expectations revised up for all horizons Real GDP growth expectations largely unchanged Unemployment rate expectations revised down for all horizons In the ECB Survey of Professional Forecasters (SPF) for the fourth quarter of 2021, HICP inflation expectations stood at 2.3%, 1.9% and 1.7% for 2021, 2022 and 2023, respectively. Compared […]
Euro area net saving increased to €716 billion in four quarters to second quarter of 2021, compared with €562 billion one quarter earlier Household debt-to-income ratio increased to 96.6% in second quarter of 2021 from 94.6% one year earlier Non-financial corporations’ debt-to-GDP ratio (consolidated measure) decreased to 80.5% in second quarter of 2021 from 81.1% […]
Hungary’s jobless rate was 4% in September, unchanged from the previous month, the Central Statistical Office (KSH) said.
The opposition Socialists have called for labour laws that “strip workers of their rights”, known by critics as the “slave law”, to be abolished.
Employees who refuse to get vaccinated can be forced to take unpaid leave, and if the situation persists for more than a year while the requirement still in force, then their employment can be terminated, Gergely Gulyás, the prime minister’s chief of staff, told a government press briefing.
