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Majority of Hungarians under 40 Want to Live in Hungary in the Future

The research indicates that as age increases, the proportion of those considering the likelihood of owning their own property, being married, and living in Hungary also increases. Conversely, in terms of working in a foreign language environment, having a better…

Survey Shows Hungarians Feel Their Jobs Are Safer Now than Last Year

The CEO of BNP Paribas Cardif, Márk István Kiss, noted in the press release presenting the results of the survey that the rising prices and the challenging economic situation have not significantly impacted labour market processes, and the mood of…

Hungarian Magnus Aircraft Invests in Manufacturing in China

After the completion of the investment, the Chinese–Hungarian joint venture, Jiangsu Magnus Aircraft Manufacturing, is expected to create a total of 300 jobs, with Hungarian employees playing a leading role….

Carsharing: the Future of Transportation?

Carsharing is a simple, user-friendly and cost-effective alternative to owning a personal vehicle. All it requires is a smartphone and a credit or debit card….

Budapest Municipal Assembly Adopts ‘Survival Programme’, Karácsony Blames Government for Financial Woes

The ‘survival programme’ was approved with 18 votes in favour and 12 abstentions. As a result, the city will take out a 16.6 billion forint loan for project development in 2023. The loan is going to match the support provided…

Hungary’s Public Financing Stable, Government Aims to Curb Inflation in 2023

The goal is to curb inflation and avoid recession, Viktor Orbán stressed last year. On Tuesday, 3 January, Finance Minister Varga announced that Hungarian public debt has decreased more significantly than expected, dropping to 73.5 per cent of GDP in…

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