Hungarian gov't launches initiative to assist laid-off public workers find jobs in private sector
Hungary's Ministry of Economy and Transport has launched an initiative in which the government is planning to cooperate with private firms to help laid-off public employees make a successful transition to the private sector, minister Janos Koka announced at a press conference Thursday.
Hungarian PM presents National Development Plan to distribute HUF 8 trln in EU funds
Hungarian Prime Minister Ferenc Gyurcsany presented the initial elements in the government's second National Development Plan (NFT II) designed to coordinate the allocation of EU funding totaling about HUF 8 trln (EUR 32 bln) between 2007–13 during a press conference in parliament Thursday.
Record take up in Hungarian capital Budapest's office market fails to dent vacancy rate in Q2
A record 75,500 square meters (sqm) of office space was leased in the Hungarian capital Budapest during the second quarter of 2006, but due to the high proportion of lease renewals, the office vacancy rate actually rose slightly, according to a report published Wednesday by a body of leading real estate agents known as the Budapest Research Forum (BRF).
Hungarian unemployment rate falls further to 7.2% in Q2 2006
The unemployment rate in Hungary was down to 7.2% in April–June 2006 from 7.3% in the previous three-month period, in line with a falling tendency that began earlier this year, according to data released by the Central Statistical Office (KSH) Thursday.
Hungarian corporate lending rates rise, household lending rates fall in June
Average lending rates in Hungary moved in divergent directions in June, with interest rates on corporate loans rising even as interest rates on household loans were mostly on the decline, statistics released by Hungary's central bank MNB on Friday indicate.
