Hungarian Conservative

Minister for National Economy Márton Nagy presented the new competitiveness strategy for 2024⁠–⁠2030 adopted by the government at a press conference held in Budapest on Monday. According to him, economic growth between 2 to ⁠3 per cent is expected this year.

Balázs Hankó underscored Hungary’s strides in scientific and educational excellence, noting that 12 Hungarian universities now rank among the top five per cent globally. He outlined ambitious goals, aiming for one Hungarian university to enter the world’s top 100 by 2030, with three making it into the top 100 institutions in the European Union.

Hungary’s commitment to significantly enhancing educator salaries not only acknowledges the invaluable contribution of educators but also aims to bolster the quality of education by attracting and retaining top talent in the teaching profession. The decision comes as part of Hungary’s broader efforts to navigate pandemic challenges and foster a robust recovery in the education sector.

According to the observations on the second day of the strike declared by the Solidarity Bus Transport Trade Union, the vast majority of Volánbusz employees did not support the work stoppage, with only 14 per cent of the total workforce participating.

In March, the second phase of wage adjustment for healthcare professionals, including specialized nurses, will follow, as stated by Minister of the Interior Sándor Pintér during Tuesday’s session of the Welfare Committee of the National Assembly.

According to the Hungarian government, ‘preserving the ethnic foundations is our joint responsibility’, and as long as that exists, the politics based on ethnic groups also has a future, the Hungarian prime minister said.

In his regular Friday morning interview with public Kossuth radio, Viktor Orbán addressed issues such as migration, the economy and Ukraine’s EU accession.

The gross average monthly earnings for full-time employees amounted to 555,900 forints, surpassing the previous year’s figures by 15.2 per cent.

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.

The gross average earnings were 16.0 per cent higher, and the net average earnings were 15.9 per cent higher compared to the same period last year, as reported by the Central Statistical Office (KSH) on Thursday.

The high attendance rates of the plays and the frequent standing ovations confirmed the State Opera House’s expectations that it is worthwhile to stage popular pieces from the operatic literature in classic performances with an air-conditioned auditorium in the summer. The July–August performances of the the first full summer season of the Opera were favoured by both tourists and locals from the capital city and the countryside.

The Prime Minister stated that both the European and Hungarian economies are influenced by the Russo-Ukrainian war. If the war were to end, both economies could show their ‘better side.’