The number of job-seekers in Hungary has fallen to 259,000, almost 120,000 lower than last summer’s nadir, according to an innovation and technology ministry official. The number is the lowest since January 2020, state secretary Sándor Bodó said.
Hungary’s current high level of inflation is temporary and, as long as the central bank makes full use of the tools at its disposal, consumer prices may return to around 3% next year, the finance minister said.
The opposition LMP has called on the government to “reach a consensus on the utilisation of funds from the Norway Grants”.
The coronavirus pandemic and associated restrictions resulted in a marked drop in nearly all areas of tourism and catering last year, with preliminary estimates showing a 32% fall in revenue by commercial lodgings and catering establishments compared to the previous year, the Central Statistical Office (KSH) said on Tuesday.
The Democratic Coalition will lead Hungary into the euro zone if it is victorious in next year’s general election, Balázs Barkóczi, the party’s spokesman, told an online press conference.
Linking payments of the EU’s Recovery and Resilience Facility (RRF) to “judiciary reform” in Hungary is “nonsensical”, the prime minister’s chief of staff told a regular press briefing.
National Bank of Hungary (NBH) governor György Matolcsy reiterated and refined arguments for reining in next year’s budget deficit in an op-ed piece published on the website of daily Magyar Nemzet on Monday.
Canada has agreed to import Hungarian rabbit meat and meat products after the conclusion of talks that lasted several years, the Ministry of Agriculture (AM) said on Friday, adding that the agreement presented a boon for domestic producers.
Bosch Automotive Steering Bosch is expanding its plant in Maklár, in northern Hungary, with three investments totalling 52.5 billion forints (EUR 146m) that will create 180 jobs, the minister of foreign affairs and trade said on Friday.
Péter Szijjártó, the minister of foreign affairs and trade, on Thursday visited Magyar Suzuki’s plant in Esztergom, in northern Hungary, marking the company’s 30th anniversary this year.
