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In Hungary, the challenges facing public education – underfunding, teacher shortages, outdated curricula - has led to a significant increase in demand for private schools, BDO Corporate Finance says.
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Hungary is hosting Tech Week - Forum for Competitiveness and Technology, with a focus on artificial intelligence, in the framework of its presidency of the Council of the European Union.
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Hungary's jobless rate stood at 4.2pc in August, level with the rate in July but up from 4.0pc twelve months earlier, data released by the Central Statistics Office (KSH) shows.
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In 2022, the Hungarian Concessionary Infrastructure Development Company (MKIF Magyar Koncessziós Infrastruktúra Fejlesztő) took over from the state the task of bringing the country’s road network up to a uniform standard by renovating more than five hundred kilometers of roads over a period of three years.
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The mayor of Heves, Sándor Sveiczer, has announced that he will terminate a pre-contract with Chinese company BYN Hungary and seek a new investor, according to Economx.
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Austrian van-sharing service 123 Transporter has been launched in Hungary, allowing users to rent vans via a mobile app.
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Guest nights at commercial and private tourism accommodations in Hungary rose 3.6pc to 6,987,000 in August from the same period a year earlier, data released by the Central Statistics Office (KSH) on Monday show.
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Hungary's economy is expanding at a rate 50pc over the European Union average, but it needs to grow even faster, Prime Minister Viktor Orban told lawmakers in parliament on Monday at the start of the autumn session.
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First-time homebuyers accounted for 23 of every hundred transactions in the capital this year, and 26 of every 100 in the rest of the country, listed real estate broker Duna House said.
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The interview Budapest Mayor Gergely Karacsony gave to news portal Telex on Monday is "full of lies and self-contradictions", the leader of the opposition Tisza Party told MTI.
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Since 1997, Forests’ Week has been celebrated annually in Hungary to raise awareness of the country’s rich forests, which cover one-fifth of its territory, and their importance to public welfare and national wealth.
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Prime Minister Viktor Orbán asked the well-known AI platform ChatGPT for help in writing a speech on the European Competitiveness, Hungarian Economic Neutrality conference, delivered on Wednesday. In his speech, Mr. Orbán confessed that while ChatGPT offered some insights, there is no substitute for genuine intelligence yet.
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Newly elected local independent politician Zsolt Petrik is launching a petition to abolish the recently built “musical road” on Route 21 between Hatvan and Lőrinci, HVG reports.
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The Competition Office (GVH) has closed a proceeding against CCC after the footwear retailer agreed to adopt a more transparent display of its pricing.
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