The opposition Socialist Party says it expects debt financing to be one of the biggest risk areas of the 2023 fiscal year, and that they hope the government was going into next year with a “comprehensible budget”. Zoltán Vajda, the head of parliament’s budgetary committee, said the body on Tuesday discussed the final accounts of […]
The government will support the Széchenyi Card scheme with 290 billion forints (EUR 712.6m) next year after receiving 130 billion this year, Prime Minister Viktor Orbán said on Tuesday.
Investment volume in Hungary grew by an annual 7.7% in the third quarter, edging down from a 7.8% annual increase in Q2, the Central Statistical Office (KSH) said, adding that the increase in investments could be explained by the dynamic activity of households and businesses combined with shrinking government investments.
The opposition Socialists have called for teachers’ salaries to be linked to the central bank governor’s pay. Socialist parliamentary group leader Bertalan Tóth told an online press briefing that a current government proposal to raise György Matolcsy’s salary from 5 million forints (EUR 12,275) a month to over 6 million forints was unacceptable.
Hungarian families badly need European Union funds to tackle the current cost-of-living crisis, the Hungarian Socialist Party (MSZP) told MTI after talks with the European parliamentary leader of the Progressive Alliance of Socialists and Democrats (S&D) in Madrid.
Hungary’s jobless rate was 3.6% in October, edging down from 3.8% in the previous month and from 3.9% twelve months earlier, the Central Statistical Office (KSH) said on Friday.
Finance Minister Mihály Varga held talks with 250 international investors from all over the world, the minister said in a video message posted on Facebook on Friday.
Real wages in Hungary fell by an annual 1.9% in September, as double-digit nominal wage growth couldn’t keep up with a CPI that edged over 20%, the Central Statistical Office (KSH) said.
According to the official state register, there are 586 online stores in Hungary today that have problems with delivery, warranty or customer cancellation. But this list does not include those online stores and fake Black Friday advertising sites, where there is no store or customer service at all, there is no product, so there is […]
The forint strengthened against the main currencies on Thursday morning compared to the previous evening’s quotation in international foreign exchange trade.
