Young Hungarians Feel They Will Not Be Able to Earn

  • 14 Apr 2023 6:09 AM
  • Hungary Around the Clock
Young Hungarians Feel They Will Not Be Able to Earn
Some 79% of the 16-30 age group feel that they will not be able to make their dream come true from a financial perspective, according to a survey conducted for OTP bank reveals about the habits and attitudes of the target group.

The vast majority of 16-30-year-olds believe that their situation is much more difficult than their parents experienced earlier.

Their greatest fear is not that they will have no work but that they will not be able to earn enough to achieve their goals.

Most consider it realistic to have a flat of their own and to be financially prepared to have children at the age of 30.

The results are based on an online survey of a representative sample of 600 people conducted last November and December.

  • How does this content make you feel?

XpatLoop Media Partner

Hungary Around the Clock

Since 1995 Hungary Around the Clock has proven to be one of the most comprehensive sources of daily English-language news about Hungary. It covers ongoing domestic politics and foreign relations, as well as business and economic matters. For a free trial of HATC visit www.hatc.hu and click on 'Free Trial Subscription’.

Explore More Reports

  • Crackdown on Ads Deemed Harmful to Children in Hungary

    Crackdown on Ads Deemed Harmful to Children in Hungary

    • 15 Sep 2026 7:28 AM

    The legislation package on child protection, which the government has just submitted to parliament, is aimed at "cleansing public spaces" of political and commercial advertisements that are harmful to children's development, Prime Minister Peter Magyar said on Monday in parliament.

  • Reports of 'Mini-Coup' in Tisza Dismissed by Magyar

    Reports of 'Mini-Coup' in Tisza Dismissed by Magyar

    • 15 Sep 2026 6:37 AM

    Prime Minister Peter Magyar dismissed reports that crisis erupted and a "mini-coup" had taken place in the Tisza party last November. "I have full confidence in [Tisza deputy leader] Mark Radnai", he said in an interview with public radio.

  • 'Significant Hike' to Family Allowance in Hungary Pledged by Magyar

    'Significant Hike' to Family Allowance in Hungary Pledged by Magyar

    • 14 Sep 2026 12:50 PM

    The government will "significantly" raise the family allowance in 2027, and incomes for employees in the child welfare system will be increased by 20-25 percent by January, Prime Minister Peter Magyar said in an interview with public radio on Monday.