Hungary’s nurses will receive a wage hike of 21% from January next year, while crèche workers and employees in the social and cultural sectors will see their salaries rise by 20%, Prime Minister Viktor Orbán said on Friday.
The Hungarian government must stick to its utility price cuts, Prime Minister Viktor Orbán said.
House prices in Hungary have risen by 109% since 2010, data compiled by Eurostat show. Hungary was one of three European Union member states in which home prices doubled during the period.
Hungarian craft brewers want to increase their market share to 10% from 2% in the coming years with the support of recent changes to legislation, Zsolt Gyenge, the head of the Craft Brewers Association (KSE), said at the National Agriculture and Food Exhibition and Fair (OMEK) in Budapest.
The number of guest nights at commercial accommodations in Hungary rose by an annual 11.3% to 3,555,000 in August, albeit from a low base during the pandemic, the Central Statistical Office (KSH) said on Thursday.
Despite a great distance between Hungary and Australia, bilateral economic cooperation is “continually expanding”, the minister of foreign affairs and trade, Péter Szijjártó, said on his Facebook after talks with Dan Tehan, Australia’s trade minister in Paris.
A government probe of the construction materials market shows a correction in prices, state secretary for consumer protection Péter Cseresnyés said.
General Electric is investing 10 billion forints (EUR 27.8) to expand its turbine plant in Veresegyház, in central Hungary, Péter Szijjártó, the minister of foreign affairs and trade, told a press conference.
US companies continue to place their trust in the Hungarian economy, and the government provides tax cuts and investment support to further improve the business environment, Finance Minister Mihály Varga told the US-Hungarian Business Council.
Hungary offers a favourable environment for the growth of fintech companies, Foreign Minister Péter Szijjártó said in Madrid. This may help the government fulfil its aim to have at least half of all payments made electronically by 2030, he said. Szijjártó met a Fintech business delegation and representatives of Spanish companies, and briefed them on […]
