Unemployment falling
The rolling average three-month jobless rate reached 4.9 percent in July-September, the Central Statistical Office has announced. Analysts said falling unemployment has a positive effect on economic growth in the[…]
Tagged: economic growth
Cyprus economy turning the page
Overcoming an unprecedented financial crisis, European Union and eurozone member Cyprus has recovered impressively following a three-year period of robust reform, bank restructuring and fiscal consolidation. Following the March 2013[…]
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More funding ‘for everyone’
Opposition unimpressed as Varga offers 2017 budget carrots
Tax cuts, the government’s home-building scheme and growth will be the centrepieces of next year’s budget, Minister of National Economy Mihály Varga told Parliament on Tuesday. He said the budget[…]
Doubt amid debt
Macroeconomic situation at mid-year
The slowing economic growth and the new top score in state debt are something to think about, on the other hand the unrestrained increase in real wages and a top[…]
The patient needs to take a turn for the better
While the immigration problem facing Hungary is relatively new, the country has had tackle the issue of emigration for several years now. And at the latest session of the German[…]
GKI warns of slower economic growth…
Economic research institute GKI says Hungary’s GDP growth is projected to gradually slow from 3.5% in the first quarter of this year to 2.5% for the full year. Rapid growth[…]
Varga thinks everything’s coming up roses
Good start to new year macroeconomically
The first “message bomb” from the Central Statistical Agency (KSH) in the new year was the news about there being four million active workers. This will contribute to building more[…]
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