Hungary will defend its borders 100%, even if Turkey carries out its threat to release masses of migrants towards the European Union, Hungarian Prime Minister Viktor Orbán said in an interview with Brazilian daily newspaper Folha de S. Paulo, government web portal kormany.hu announced yesterday.
Hungaryʼs Olympic team was welcomed home and celebrated today by a large crowd at Budapestʼs Syma Arena after bringing back eight gold, three silver and four bronze medals from Rio. Hungary finished in an impressive 12th place in the overall Olympics medals table.
The upward trend in visitor numbers and revenue are driving growth, but officials say the industry’s impact on the economy can be even greater.
The state budget deficit could be less than the 2% targeted by the government for 2016, and might even be as low as 1.6%, the National Bank of Hungary (MNB) said today in its Budget Report.
Amid an increasing shortage of workers on the domestic labor market, foreign-owned supermarket chains are offering ever more attractive wages to employees, while pay for workers at Hungarian owned chains continues to lag behind, a survey published today by online news portal index.hu reveals.