Under the new scheme, the state will cover 50 per cent of the employee’s salary for four or six months. If the workplace is more than 60 kilometres away from the place of residence, rental support up to 70 per…
The figures clearly show that over the past decade the economic and employment boom in Hungary has been accompanied by a marked improvement in the demographic situation….
The government’s primary focus for the current year is the restoration of economic growth while continuing to reduce the budget deficit and national debt….
According to the study, 15 per cent of young Hungarians frequently experience feelings of isolation, which is of concern as chronic loneliness not only has psychological ramifications but, in certain cases, also entails physical consequences. The report highlights that 41…
The Central Statistical Office released its data for the month of November 2023. The press release pointed out that the number of employed individuals reached 4,736,000 in Hungary….
The new Hungarian draft law laying down general rules on the entry and residence of third-country nationals is an unprecedentedly strict piece of legislation, not only in Europe but also globally, to regulate the employment of workers from outside the…
If the draft law is adopted, guest workers in Hungary will be employable only under the strictest rules, and foreigners will be allowed to work in Hungary only if no Hungarian workers are available for the vacancies they seek to…
Minister of Culture and Innovation János Csák terminated the employment of National Museum Director General László L. Simon on Monday. The director general’s downfall was caused by his inadequate addressing of the LGBTQ-related controversy around the World Press Photo exhibit…
Magyar Vagon Ltd. is affiliated with the President and CEO of MOL, Zsolt Hernáda, who, as of the 2023 edition of the list, is the seventh most influential individual in Hungary….
Inflation fell for the eighth month in a row after peaking at 25.7 per cent in January. Food prices rose by 15.2 per cent in September, after a 19.5 per cent increase in the previous month….
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