• 21 Dec 2024

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Hungary Leaving Crisis Behind Without Austerity, Says Gov't Official

Hungary Leaving Crisis Behind Without Austerity, Says Gov't Official

Hungary is leaving recent economic difficulties behind without austerity measures, a state secretary of the Prime Minister’s Office said at a discussion with opposition Socialist MEP István Ujhelyi at the Tranzit conference in Tihany, western Hungary.
Central Bank Governor C riticises Hungarian Government's Economic Policy

Central Bank Governor C riticises Hungarian Government's Economic Policy

György Matolcsy, the governor of the National Bank of Hungary, suggested the country’s economic development would be better served by an “economic policy centre with a mandate to achieve sustainable convergence” in the government’s institutional structure in an op-ed piece published online by daily Magyar Nemzet.
Faster Minimum Wage Hikes Advocated by Hungarian Union

Faster Minimum Wage Hikes Advocated by Hungarian Union

High inflation and the weaker forint have annulled the wage hike made at the beginning of the year, so the gross minimum wage should be increased to Ft 200,000 per month from January 1, 2022, president László Kordás of union alliance Maszsz told Népszava on Monday.
Hungarian Opinion: 26 Constituencies Identified as Crucial for Next Year's Elections

Hungarian Opinion: 26 Constituencies Identified as Crucial for Next Year's Elections

Analysts believe most constituencies lean strongly towards either the opposition or the government and are extremely unlikely to switch sides. The outcome of the 2022 elections will therefore be decided in the remaining one fourth.
Booster Jabs Recommended To At-Risk Groups in Hungary

Booster Jabs Recommended To At-Risk Groups in Hungary

At-risk groups should accept booster jabs of the coronavirus vaccine to fend off new variants of the disease, the chief medical officer said on Tuesday.
Párbeszéd Calls on Gov't to Apologise Over Sinopharm Vaccine

Párbeszéd Calls on Gov't to Apologise Over Sinopharm Vaccine

The opposition Párbeszéd party has called on the government to apologise for the “unprofessional way” it introduced the Sinopharm vaccine and for “misleading people”.
Covid Update: Third Jabs Available from 1 August

Covid Update: Third Jabs Available from 1 August

The government is making a third round of vaccines available from August 1 -- to be administered four months after the second -- and vaccination will be made mandatory for health-care workers, Prime Minister Viktor Orbán told public broadcaster Kossuth Rádió, citing the spread of the Delta variant.
Hungarian Companies Spend Little on Digitalisation

Hungarian Companies Spend Little on Digitalisation

Around two-thirds of Hungarian companies consider themselves “more innovative than average”, but only about one-fifth have an innovation strategy, and spending on digitalisation accounts for just 5% of operating costs, a survey conducted by K&H Bank shows.
Introduction of Dual Euro Exchange Rate Suggested by Governor of Central Bank

Introduction of Dual Euro Exchange Rate Suggested by Governor of Central Bank

György Matolcsy, the governor of Hungary’s central bank, has suggested in an op-ed that the euro area should have two exchange rates, one for northern member states and another for the bloc’s southern ones.
Hungary Leaving Crisis Behind Without Austerity, Says Gov't Official

Hungary Leaving Crisis Behind Without Austerity, Says Gov't Official

Hungary is leaving recent economic difficulties behind without austerity measures, a state secretary of the Prime Minister’s Office said at a discussion with opposition Socialist MEP István Ujhelyi at the Tranzit conference in Tihany, western Hungary.
Central Bank Governor C riticises Hungarian Government's Economic Policy

Central Bank Governor C riticises Hungarian Government's Economic Policy

György Matolcsy, the governor of the National Bank of Hungary, suggested the country’s economic development would be better served by an “economic policy centre with a mandate to achieve sustainable convergence” in the government’s institutional structure in an op-ed piece published online by daily Magyar Nemzet.
Faster Minimum Wage Hikes Advocated by Hungarian Union

Faster Minimum Wage Hikes Advocated by Hungarian Union

High inflation and the weaker forint have annulled the wage hike made at the beginning of the year, so the gross minimum wage should be increased to Ft 200,000 per month from January 1, 2022, president László Kordás of union alliance Maszsz told Népszava on Monday.
Hungarian Opinion: 26 Constituencies Identified as Crucial for Next Year's Elections

Hungarian Opinion: 26 Constituencies Identified as Crucial for Next Year's Elections

Analysts believe most constituencies lean strongly towards either the opposition or the government and are extremely unlikely to switch sides. The outcome of the 2022 elections will therefore be decided in the remaining one fourth.
Booster Jabs Recommended To At-Risk Groups in Hungary

Booster Jabs Recommended To At-Risk Groups in Hungary

At-risk groups should accept booster jabs of the coronavirus vaccine to fend off new variants of the disease, the chief medical officer said on Tuesday.
Párbeszéd Calls on Gov't to Apologise Over Sinopharm Vaccine

Párbeszéd Calls on Gov't to Apologise Over Sinopharm Vaccine

The opposition Párbeszéd party has called on the government to apologise for the “unprofessional way” it introduced the Sinopharm vaccine and for “misleading people”.
Covid Update: Third Jabs Available from 1 August

Covid Update: Third Jabs Available from 1 August

The government is making a third round of vaccines available from August 1 -- to be administered four months after the second -- and vaccination will be made mandatory for health-care workers, Prime Minister Viktor Orbán told public broadcaster Kossuth Rádió, citing the spread of the Delta variant.
Hungarian Companies Spend Little on Digitalisation

Hungarian Companies Spend Little on Digitalisation

Around two-thirds of Hungarian companies consider themselves “more innovative than average”, but only about one-fifth have an innovation strategy, and spending on digitalisation accounts for just 5% of operating costs, a survey conducted by K&H Bank shows.
Introduction of Dual Euro Exchange Rate Suggested by Governor of Central Bank

Introduction of Dual Euro Exchange Rate Suggested by Governor of Central Bank

György Matolcsy, the governor of Hungary’s central bank, has suggested in an op-ed that the euro area should have two exchange rates, one for northern member states and another for the bloc’s southern ones.