Jobless Rate 3.9% in October
Hungary’s jobless rate was at 3.9% in October, edging down from 4.0% in September and 4.1% in the same month a year earlier, the Central Statistical Office (KSH) said.
Hungary’s jobless rate was at 3.9% in October, edging down from 4.0% in September and 4.1% in the same month a year earlier, the Central Statistical Office (KSH) said.
Hungary’s economy was one of the fastest to recover from the fallout of the coronavirus pandemic, with its output surpassing the pre-pandemic level in mid-2021, and its growth expected at 6.8% this year and above 5% in 2022, Finance Minister Mihály Varga told parliament’s economic committee on Monday.
More than 70,000 families have submitted applications for home renovation subsidies so far, the minister for family affairs said on Saturday.
LMP will earmark an annual 300 billion forints (EUR 816m) to insulate residential buildings if it comes to power, the co-leader of the opposition party said at a press conference streamed on Facebook on Saturday.
Hungary’s investment volume grew by an annual 12.4% in the third quarter, up from a low base, the Central Statistical Office (KSH) said on Friday. In the base period, investment volume contracted by 11%.
Thanks to the Hungarian government’s efforts to strengthen and connect entrepreneurs in the region, the Carpathian Basin is developing into a united economic space, a state secretary of the Prime Minister’s Office told the daily Magyar Nemzet.
The government is supporting foreign investments by Hungarian companies with the aim to balancing out the profits syphoned from the Hungarian economy by foreign investors in the country, Péter Szijjártó, the minister of foreign affairs and trade, said on Friday, at a factory visit in Obninsk, near Moscow.
Prime Minister Viktor Orbán, in an interview with public broadcaster Kossuth Radio on Friday, underlined the government’s commitment to “defending the results” of the scheme to cap utility bills.
It is the government’s top priority that Hungary should belong in the top five most liveable and competitive countries in Europe by 2030, an official of the ministry of innovation and technology said on Thursday.
A year and a half after the first outbreak of the coronavirus pandemic, Hungary’s economic output has returned to pre-pandemic levels, Péter Szijjártó, the minister of foreign affairs and trade, said on Thursday.