State-owned student loan provider Diákhitel will expand its credit to adult education and vocational training programmes that run for longer than three months from May 31, daily Magyar Nemzet said on Thursday.
Hungary’s economy could grow by around 12-14% in the second quarter, Finance Minister Mihály Varga said at an annual meeting of the Joint Venture Association.
Nearly half of Hungarians are ready to retrain to find jobs in fields widely different from their expertise, according to an international survey conducted by the Boston Consulting Group, The Network, and profession.hu.
Hungarian lawmakers on Wednesday passed amendments to the 2021 budget which now contains a deficit target of 7.5% of GDP based on European Union accounting rules and public debt of 79.9% of GDP.
Hungarian lawmakers on Wednesday approved legislation ratifying the European Union’s 2021-2027 budget framework and post-pandemic recovery package, with 170 votes in favour and no MPs present voting against.
Hungarian rate-setters left the central bank base rate at 0.60% on Tuesday, while also leaving the interest rate corridor unchanged, the National Bank of Hungary (NBH) announced.
Hungary rejects any plan that would force it to raise taxes, including the proposal for a global minimum tax, finance ministry state secretary András Tállai told the daily Magyar Nemzet on Tuesday.
Introducing the basic income with no strings attached would lead to an “unfair” situation and result in “chaos”, a government official has said, noting the government’s policy that anyone who wants to work should have access to a job.
The majority of people in Hungary want to own their own home and are prepared to make sacrifices to do so, according to an economist of the think tank Századvég Gazdaságkutató.
Hungary is poised to lead the European Union’s post-pandemic economic rebound, Finance Minister Mihály Varga said after meeting his EU counterparts in Lisbon on Friday.
