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’.

  • Updated: Yet Another Heat Record Broken in Hungary

    Updated: Yet Another Heat Record Broken in Hungary

    • 10 Aug 2026 8:50 AM

    On Aug 3, the temperature in southern Budapest dropped to just 26.8 degrees Celsius at dawn, surpassing the previous national record of 25.1C, measured in 2017, weather service HungaroMet reported on Tuesday.

  • 'No Place in Hungary for Hatred' - Remembering Roma Murdered by Nazis

    'No Place in Hungary for Hatred' - Remembering Roma Murdered by Nazis

    • 4 Aug 2026 7:02 AM

    As Hungary commemorates the victims of the Roma Holocaust, the commitment is reaffirmed that there is no place for hatred, exclusion or collective stigmatisation, Vilmos Katai-Nemeth, the minister for social and family affairs, said on Sunday, quoting the thoughts of Kinga Dora Toth, state secretary for social, family and elderly affairs.

  • OECD's New Verdict on Hungary Comes with a Warning & Advice

    OECD's New Verdict on Hungary Comes with a Warning & Advice

    • 24 Jul 2026 11:53 AM

    Hungary has made significant progress in closing the gap with OECD living standards, but must implement reforms to improve public finances and lay the foundations for future growth, the Organisation for Economic Co-operation and Development (OECD) said in a report released.

Enjoy more

current affairs CHANNEL SPONSOR

Newsletter

get in & enjoy more!

XpatLoop’s newsletter contains a hand-picked selection of fresh news, special invitations, events, movies, and more.

I understand & accept the Privacy Policy