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Worker (illustration, Pixabay)

Hungary’s Employment Rate Remains High as Government Implements Historic Wage Agreement

Hungary’s employment remains at a stable 4.7 million in October 2024, reflecting a year of consistent growth. According to State Secretary Sándor Czomba, the government’s proactive policies, including a historic wage agreement, continue to bolster the labour market….

PM Orbán Unveils Historic Wage Agreement

Hungarian Prime Minister Viktor Orbán has announced a historic wage agreement on Monday. Under this deal, Hungary’s minimum wage will see a cumulative increase of approximately 40 per cent over the next three years….
Gergely Gulyás during a press conference on 1 February 2024 in Budapest.

Hungary Is Ready to Sue Brussels for Reimbursements of Border Protection, Minister Gulyás Reveals at Government Press Briefing

Minister for European Union Affairs János Bóka has been delegated to negotiate with Brussels about the €200 million fine Hungary received for failing to meet migrant quotas, Gergely Gulyás also revealed….

Sovereign Economic Policy: The Key to Success — Antal Rogán’s Presentation at Tranzit Festival

‘Without a sovereign economic policy, Hungary would not be successful,’ Antal Rogán pointed out on the opening day of the Tranzit Festival. The Head of the Prime Minister’s Cabinet Office discussed the Hungarian family support system, digital citizenship, and the…
Illustration by Hungarian Conservative

Revealing the Facts: A Brief History of Earnings in Hungary

A sustained and substantial improvement in earnings started in 2013 in Hungary. In that year the country managed to repay its previous IMF loan, giving the government more freedom to reform and restructure the tax system, including reducing taxes on…

Hungarian Economy Expands in the Third Quarter

Hungary’s economy expanded by 0.9 per cent in the third quarter of this year compared with the previous quarter, adjusted data show, and contracted by 0.4 per cent year on year, based on unadjusted data, the Central Statistical Office (KSH)…

Minimum Wage Could Rise Again in 2023

Talks between the government and trade unions have started, with union leaders aiming for a 15–20 per cent increase of the minimum wage in 2023….

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