331 result(s) for unemployment
Hungarian Minister: European Commission’s Proposal: Nothing Short Of Dangerous
- 20 Jul 2016 9:00 AM
- current affairs
The proposal made by the European Commissioner for migration policy with respect to a completely new settlement programme is „nothing short of dangerous” as regards Hungary because it affects the country’s sovereignty, and the proposals constitute an invitation to millions more, János Lázár, the Minister heading the Prime Minister’s Office said at the press conference Governmentinfo 58 which he ...
Research Institute Lowers GDP Growth Projections For 2016, 2017
- 13 Jul 2016 9:00 AM
- business
Research institute Kopint-Tárki on Tuesday said it lowered its GDP growth projections for Hungary for this year and next to 2.2 percent and 2.7 percent, respectively, because of the slower-than-expected recovery and downside risk posed by the UK’s decision to leave the EU. Earlier, Kopint-Tárki had projected GDP growth of 2.4 percent for 2016 and 2.9 percent for 2017.
Hungary Jobless Rate Falls To 5.5% In March-May
- 29 Jun 2016 9:00 AM
- current affairs
The average unemployment rate among 15- to 74-year-olds in Hungary fell to 5.5% in March-May, the Central Statistical Office (KSH) said. The rate was down from 5.8% in February-April and 7.1% in the same period a year earlier. The jobless rate was the same for those aged 15-64 in March-May.
Socialists Slam ‘Wasteful Spending’
- 6 Jun 2016 9:00 AM
- current affairs
The opposition Socialists savaged the ruling Fidesz party for what they insisted is an economic slowdown in Hungary coupled with the low financing of public services. “While companies linked to Prime Minister Viktor Orbán and his friends operate with 35-40% profits, developments in the public sector and investments in hospitals, schools and social institutions are being reduced at a similar ...
OECD Lowers Hungary Forecast For 2016 GDP Growth
- 2 Jun 2016 9:00 AM
- business
The OECD has lowered its growth forecast for Hungary’s economy to 1.6% from 2.4% in the previous Economic Outlook released in November 2015. In its new report, the OECD maintained its 3.1% projection for Hungarian GDP growth next year. The organisation said “growth is projected to moderate in 2016 due to a temporary contraction in public investment as a new cycle of EU structural funds commences, ...
Moody’s: Improved Employment, Higher Real Wages Positive For Banks
- 31 May 2016 9:00 AM
- business
Lower unemployment, higher employment and rising real wages should positively impact Hungary’s banking sector, ratings agency Moody’s said in an analysis. Higher real wages is credit positive for banks because it enhances households’ ability to service their bank loans and will help reduce banks’ nonperforming retail loans.
Hungary Jobless Rate 6.0% In Jan-March
- 29 Apr 2016 9:00 AM
- business
Hungary’s average unemployment rate was 6.0% in January-March, down from 6.1% in the previous three-month period, the Central Statistical Office reported. The unemployment rate was down from 7.8% in the same period a year earlier. The number of unemployed averaged 272,800 in January-March.
Orbán: Hungary Experiencing Economic Boom
- 25 Apr 2016 9:00 AM
- business
Hungary is experiencing a time of economic prosperity and will take another step forward in 2017, Prime Minister Viktor Orbán told public Kossuth Radio. Speaking about next year’s budget, the prime minister said wages are continuously growing while unemployment is decreasing, something that Hungary “achieved without loans”.
Number Of Hungarian Migrants In UK Nearly Doubled Between 2011 And 2016
- 15 Apr 2016 9:00 AM
- current affairs
Hungary is among the top six countries of origin for EU migrants, reports Hungarian news site 24.hu. The news website cites a recent study by the University of Oxford’s Migration Observatory in which the research center found that the number of Hungarians migrants living in the United Kingdom has almost doubled since 2011 (one year after the Orbán government returned to power).
Hungarian Minister: European Commission’s Proposal: Nothing Short Of Dangerous
- 20 Jul 2016 9:00 AM
- current affairs
The proposal made by the European Commissioner for migration policy with respect to a completely new settlement programme is „nothing short of dangerous” as regards Hungary because it affects the country’s sovereignty, and the proposals constitute an invitation to millions more, János Lázár, the Minister heading the Prime Minister’s Office said at the press conference Governmentinfo 58 which he ...
Research Institute Lowers GDP Growth Projections For 2016, 2017
- 13 Jul 2016 9:00 AM
- business
Research institute Kopint-Tárki on Tuesday said it lowered its GDP growth projections for Hungary for this year and next to 2.2 percent and 2.7 percent, respectively, because of the slower-than-expected recovery and downside risk posed by the UK’s decision to leave the EU. Earlier, Kopint-Tárki had projected GDP growth of 2.4 percent for 2016 and 2.9 percent for 2017.
Hungary Jobless Rate Falls To 5.5% In March-May
- 29 Jun 2016 9:00 AM
- current affairs
The average unemployment rate among 15- to 74-year-olds in Hungary fell to 5.5% in March-May, the Central Statistical Office (KSH) said. The rate was down from 5.8% in February-April and 7.1% in the same period a year earlier. The jobless rate was the same for those aged 15-64 in March-May.
Socialists Slam ‘Wasteful Spending’
- 6 Jun 2016 9:00 AM
- current affairs
The opposition Socialists savaged the ruling Fidesz party for what they insisted is an economic slowdown in Hungary coupled with the low financing of public services. “While companies linked to Prime Minister Viktor Orbán and his friends operate with 35-40% profits, developments in the public sector and investments in hospitals, schools and social institutions are being reduced at a similar ...
OECD Lowers Hungary Forecast For 2016 GDP Growth
- 2 Jun 2016 9:00 AM
- business
The OECD has lowered its growth forecast for Hungary’s economy to 1.6% from 2.4% in the previous Economic Outlook released in November 2015. In its new report, the OECD maintained its 3.1% projection for Hungarian GDP growth next year. The organisation said “growth is projected to moderate in 2016 due to a temporary contraction in public investment as a new cycle of EU structural funds commences, ...
Moody’s: Improved Employment, Higher Real Wages Positive For Banks
- 31 May 2016 9:00 AM
- business
Lower unemployment, higher employment and rising real wages should positively impact Hungary’s banking sector, ratings agency Moody’s said in an analysis. Higher real wages is credit positive for banks because it enhances households’ ability to service their bank loans and will help reduce banks’ nonperforming retail loans.
Hungary Jobless Rate 6.0% In Jan-March
- 29 Apr 2016 9:00 AM
- business
Hungary’s average unemployment rate was 6.0% in January-March, down from 6.1% in the previous three-month period, the Central Statistical Office reported. The unemployment rate was down from 7.8% in the same period a year earlier. The number of unemployed averaged 272,800 in January-March.
Orbán: Hungary Experiencing Economic Boom
- 25 Apr 2016 9:00 AM
- business
Hungary is experiencing a time of economic prosperity and will take another step forward in 2017, Prime Minister Viktor Orbán told public Kossuth Radio. Speaking about next year’s budget, the prime minister said wages are continuously growing while unemployment is decreasing, something that Hungary “achieved without loans”.
Number Of Hungarian Migrants In UK Nearly Doubled Between 2011 And 2016
- 15 Apr 2016 9:00 AM
- current affairs
Hungary is among the top six countries of origin for EU migrants, reports Hungarian news site 24.hu. The news website cites a recent study by the University of Oxford’s Migration Observatory in which the research center found that the number of Hungarians migrants living in the United Kingdom has almost doubled since 2011 (one year after the Orbán government returned to power).