Real wages in Hungary were up by 7.4% in 2016, compared to the preceding year, along with a 0.4% rise in consumer prices compared to the same period, according to a first release of data published today by the Central Statistical Office (KSH).
Talking to media over the weekend, Budapest Mayor István Tarlós rejected suggestions by Fidesz MP Lajos Kósa that the city government would have to take full responsibility for Budapestʼs 2024 Summer Olympics bid, after almost double the amount of signatures needed for a referendum on the bid cast serious doubt over the chances of the city hosting the event.
Hungarian Investment Promotion Agency (HIPA) President Róbert Ésik talks to the Budapest Business Journal about another record-breaking year in attracting FDI to the country.
Hungary’s National Association of Food Processors (ÉFOSZ) announced it will contact the Hungarian food safety authority Nébih, after it only learned about a food quality probe by the latter through the media, according to a press statement sent to the Budapest Business Journal on Friday.
Youth movement Momentum Mozgalom has collected more than 266,000 signatures, almost twice as many as it needed to call for a referendum in Budapest on the capital’s bid for the 2024 Summer Olympics, according to reports. In response, Budapest Mayor István Tarlós has hinted he might “seriously” think about withdrawing the city’s application.