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Education Spending In Hungary Above EU Average

Education Spending In Hungary Above EU Average

The Hungarian government spent 4.9% of GDP, above the European Union average, on education this year, which was 645 billion forints (EUR 1.92m) more than in 2010, Human Resources Minister Miklós Kásler said.
Smaller Shops Face Growing Pressure In Hungary

Smaller Shops Face Growing Pressure In Hungary

There were 120,500 stores operating in Hungary at the end of June, 2,000 fewer than one year earlier, as even the growth in consumption has not been enough to stop the years-long decline in shops, Portfolio reports.
Teachers To Stage Demo On 30th November

Teachers To Stage Demo On 30th November

Teachers’ trade union PSZ has called a demonstration for November 30, union leader Zsuzsanna Szabó announced.
New Vocational Training System Aims To Boost Competitiveness In Hungary

New Vocational Training System Aims To Boost Competitiveness In Hungary

Hungary’s vocational training system will change fundamentally from the 2020-21 academic year, an innovation and technology ministry official said.
Hungarian Opinion: Hungary’s GDP Growth Tops Europe Again

Hungarian Opinion: Hungary’s GDP Growth Tops Europe Again

An independent economic analyst writes that the Hungarian economy is increasingly resilient to external shocks, including the slow down in Germany. As a result of growing Hungarian competitiveness and sound internal demand, Hungarian economy can maintain fast growth, he suggests.
Introducing Euro Was A Mistake In Hungary Says Matolcsy

Introducing Euro Was A Mistake In Hungary Says Matolcsy

Launching the euro “was a mistake” as almost none of the preconditions for a common currency had been met at the time, György Matolcsy, the governor of Hungary’s central bank, said in an article published in the Financial Times.
Hungary’s PM Orbán: Tourism 'A Form Of Patriotism'

Hungary’s PM Orbán: Tourism 'A Form Of Patriotism'

Tourism for Hungarians “is a form of expressing patriotism”, Prime Minister Viktor Orbán told a tourism conference organised by the Hungarian Tourism Agency in Budapest.
Foreign Workers’ Income In Hungary At Record HUF 278 Billion

Foreign Workers’ Income In Hungary At Record HUF 278 Billion

The income of foreign workers in Hungary grew 30% to a record HUF 278 billion last year, index.hu says.
Hungary To Support SME Job Creation With HUF 5 Billion

Hungary To Support SME Job Creation With HUF 5 Billion

As of Monday small and medium-sized enterprises can apply for 5 billion forints (EUR 15m) of government funding to help create high-value added jobs, the finance minister told MTI.
Education Spending In Hungary Above EU Average

Education Spending In Hungary Above EU Average

The Hungarian government spent 4.9% of GDP, above the European Union average, on education this year, which was 645 billion forints (EUR 1.92m) more than in 2010, Human Resources Minister Miklós Kásler said.
Smaller Shops Face Growing Pressure In Hungary

Smaller Shops Face Growing Pressure In Hungary

There were 120,500 stores operating in Hungary at the end of June, 2,000 fewer than one year earlier, as even the growth in consumption has not been enough to stop the years-long decline in shops, Portfolio reports.
Teachers To Stage Demo On 30th November

Teachers To Stage Demo On 30th November

Teachers’ trade union PSZ has called a demonstration for November 30, union leader Zsuzsanna Szabó announced.
New Vocational Training System Aims To Boost Competitiveness In Hungary

New Vocational Training System Aims To Boost Competitiveness In Hungary

Hungary’s vocational training system will change fundamentally from the 2020-21 academic year, an innovation and technology ministry official said.
Hungarian Opinion: Hungary’s GDP Growth Tops Europe Again

Hungarian Opinion: Hungary’s GDP Growth Tops Europe Again

An independent economic analyst writes that the Hungarian economy is increasingly resilient to external shocks, including the slow down in Germany. As a result of growing Hungarian competitiveness and sound internal demand, Hungarian economy can maintain fast growth, he suggests.
Introducing Euro Was A Mistake In Hungary Says Matolcsy

Introducing Euro Was A Mistake In Hungary Says Matolcsy

Launching the euro “was a mistake” as almost none of the preconditions for a common currency had been met at the time, György Matolcsy, the governor of Hungary’s central bank, said in an article published in the Financial Times.
Hungary’s PM Orbán: Tourism 'A Form Of Patriotism'

Hungary’s PM Orbán: Tourism 'A Form Of Patriotism'

Tourism for Hungarians “is a form of expressing patriotism”, Prime Minister Viktor Orbán told a tourism conference organised by the Hungarian Tourism Agency in Budapest.
Foreign Workers’ Income In Hungary At Record HUF 278 Billion

Foreign Workers’ Income In Hungary At Record HUF 278 Billion

The income of foreign workers in Hungary grew 30% to a record HUF 278 billion last year, index.hu says.
Hungary To Support SME Job Creation With HUF 5 Billion

Hungary To Support SME Job Creation With HUF 5 Billion

As of Monday small and medium-sized enterprises can apply for 5 billion forints (EUR 15m) of government funding to help create high-value added jobs, the finance minister told MTI.