Tag: economy

Life in a dying democracy – an American journalist about Hungary

He talked with a #Hungarian entrepreneur who was forced to sell his #business to the #government and is now leaving the country. #Hungary #corruption #government #money #democracy #ViktorOrban #autocracy

S+P affirms Hungary ‘BBB-/A-3’ ratings; outlook ‘positive’

The outlook on the ratings remains 'positive' #StandardandPoorsGlobalRatings #hungary #hungarian #economy

Soaring real estate market, wiser Hungarian buyers

#Hungarian #realestate is still rising, and #Hungarians now tend to take out safer #loans as well.

Special parliament session on home-care service fees, FX borrowers fails to reach quorum

Lawmakers of the ruling alliance (#Fidesz #Kdnp) stayed away from the session... #Hungary #Hungarian #parliament

Improved tax morale could bring tax gap under 10 pc, says Hungarian finance minister

Companies are now required to use an online system for issuing invoices #hungary #hungarian #economy #government #tax #vat

Temporary, seasonal employment in Hungary on the rise

The number of Hungarians who did temporary or seasonal work rose by 7 percent #hungary #hungarian #economy

S+P to review Hungary’s credit rating on Friday

Standard and Poor's Global Ratings is scheduled to review #Hungary's sovereign credit rating #Hungarian #economy

Regional farm ministers press for equal protection of agribusinesses, regardless of size

The #EC directive would prohibit buyers of farm products from making unilateral or retroactive changes to their contracts with suppliers #v4 #visegradgroup #agriculture #slovenia #croatia #romania #eu #europeancommission

Hungarian union confederation urges consultations on planned public admin staff cuts

Staff of Hungary's central #public #administration could be cut by 15-20 percent by January 1, 2019 #Hungary #Hungarian #government

Finance ministry of Hungary expects 4.3 pc GDP growth in 2018

The finance ministry has calculated that GDP could grow by 4.3 percent in the second half of the year #hungary #hungarian #economy

Socialists urge dialogue to stop Hungarian emigration

"The Hungarian labour market will be lacking hundreds of thousands of skilled people" - #Socialists #MSZP #Hungary #Hungarian #emigration

Cashless society promoted at cashless festival

#Sziget #Festival went #cashless in 2011

Internet, tablets and teacher shortage for the new school year

About 2000 more #teachers are missing from #Hungarian #education. On the other hand #schools get more tablets and faster #internet.

Slovak media writes about the dubious expansion of PM Orbán’s son-in-law in Slovakia

The #Hungarian #businessman won hundreds of thousands of #EUR on suspicious #lighting #tenders of local #municipalities. #Hungary #Slovakia #OLAF #EU #fraud #money #publicprocurement

Eurostat: Hungary leader in fighting poverty

#Hungary witnessed the biggest #decline from among all #European #Union #member #states

Hungarian job market misses 30-40 thousand computer engineers

#Employees not only seek high #wages but also a friendly #working #environment, a possibility for #home office and individual #development. #Hungary #Hungarian #labour shortage #ITsector #computerengineer #IT #work

Record year in Hungarian tourism

"#Tourism is not only about the #economy but also a main pillar of #patriotism"

Hungarian Wizz Air was least punctual airline flying from UK last year

#Wizz Air aircrafts delayed an average of 23 minutes, but they already took measures to #improve #punctuality. #Hungary #Hungarian #airline #delay #UK #unitedkingdom #takeoff

Hungary trade surplus reaches EUR 1.07 bn in June

About 81 percent of #exports and 77 percent of #imports were traded with other #European #Union #member #states