While it is still not clear whether the Central European University can stay open in Budapest after the Hungarian Parliament passed internationally debated higher education legislation, CEU has been ranked the second most international university in the world, according to a press statement sent to the Budapest Business Journal.
The Fiscal Council in a document released late Thursday said it "has no fundamental objections concerning the enforceability and the credibility of the 2018 budget bill that would warrant it signalling its disagreement" and that the budget bill is "properly designed", Hungarian news agency MTI reported.
The latest annual Automotive Conference organized by the Hungarian Investment Promotion Agency (HIPA) highlighted the recent record of the industry, with electro mobility and autonomous driving technologies having the biggest growth potential.
The Hungarian subsidiary of NCR Corporation, a global omni-channel solutions provider, has turned out the 350,000th ATM at its state-of-the-art manufacturing facility in Budapest in just 11 years, which the company says is a record, according to a press statement sent to the Budapest Business Journal.
Hungary’s jobless rate has further dropped by 1.5 percentage points to 4.5% in the January-March period, compared to the same month a year earlier, according to a first release of data by the Central Statistical Office (KSH) today. However, professionals argue the actual rate is higher as the government includes those on its public work scheme.