• Home
• Channel: Current Affairs
• Hungary Leader In Fighting Poverty – Eurostat

Hungary Leader In Fighting Poverty – Eurostat

• 13 Aug 2018 7:15 AM
• Hungary Matters

The number of poor declined to an all-time low in Hungary from 2012 to 2016, a labour market expert told public news channel M1.

In the period under survey, Hungary witnessed the biggest decline in this respect from among all European Union member states, Piroska Szalai said, citing data from Eurostat, the EU’s statistics office.

The number of severely materially deprived people fell from 2.2 million in 2004 to 1.7 million by 2007, but then rebounded to 2.7 million by 2012.

In the subsequent four years, however, it decreased by about half, she said. Hungary’s economy started to perceivably decline in 2006, two years before the outbreak of the global economic crisis, with shrinking employment, decreasing real wages and growing unemployment.

The decline, however, came to a halt in 2010, and real wages started to increase again in 2012, Szalai said.

• How does this content make you feel?
• I love it
• I like it
• I dislike it

• Eurostat Job Market Employment

XpatLoop Media Partner

Hungary Matters

Launched in January 2014, this newsletter published on week days covers 'everything you need to know about what’s going on in Hungary and beyond', according to its publisher the state media agency MTI.

Explore More Reports

Hungary Vetoes EU Higher Education Strategy

• 28 Nov 2025 8:07 AM

Hungary has vetoed the European Union's four-year higher education strategy, Balazs Hanko, the minister of culture and innovation, said in Brussels on Thursday, adding that Hungary made clear that only once Hungarian students are restored their rightful access to the Erasmus programme will Hungary approve the higher education strategy.



Orbán: Budapest Peace Summit on the Horizon

• 24 Nov 2025 7:07 AM

Hungary's prime minister has said that a Budapest peace summit was on the horizon and the next 2-3 weeks would now prove "decisive", now that the existence of the 28-point peace plan had been confirmed.



Hungarian Gov't Prioritises National Workforce over Foreign Employees?

• 28 Jul 2025 2:24 PM

"Let’s Activate the Labour Market Reserve – Hungarian Workers Come First!" This was the clear message from the Ministry for National Economy in a statement sent to MTI on Friday, responding to recent reports by HVG, a respected weekly publication focused on economic issues.



Student Protests Successfully Oust “Remodelled” University’s Rector in Budapest

• 19 Feb 2025 7:07 AM

The Moholy-Nagy University of Art and Design, one of the subjects of the Hungarian government’s education privatization reform has faced difficulties in its remodelling due to teachers’ and students’ resistance.