Half of Hungarians canʼt afford a holiday

Analysis

Just over half of Hungarians could not afford to take a one-week annual holiday away from home last year, shows a summary of data compiled by Eurostat, the EUʼs statistical office, according to state news wire MTI.

The 50.7% rate - for the population aged 16 or older - was over the EU average of around one-third, but a big improvement from just under 65% in 2010, according to Eurostat.

The percentage of Hungarians who could not afford to take a one-week annual holiday away from home last year stood at 44.6% for families with two adults and a single dependent child, and at just 33.4% for families with two adults and two dependent children.

ADVERTISEMENT

Czech economic confidence weakens in July Analysis

Czech economic confidence weakens in July

Meeting called to address Pegasus spyware lacks quorum  Parliament

Meeting called to address Pegasus spyware lacks quorum 

Skanska commercial dev unit names new EVP of operations Hung... Appointments

Skanska commercial dev unit names new EVP of operations Hung...

Zsa Zsa Gabor's ashes buried in Budapest City

Zsa Zsa Gabor's ashes buried in Budapest

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.