Hungary launches HUF 64bn employment programme.

By bne IntelliNews January 28, 2011
The government's new public employment programme with a budget of HUF 64bn will provide jobs for 220,000 Hungarians annually, MTI news agency reported, quoting a statement of the economy ministry. The new employment will be mostly in the area of industry. The unemployed, who are offered jobs, but refuse to take them, will be deprived of social benefits. Vocational training will also be provided for part of the participants.

Related Articles

Assets of Hungarys investment funds up 3.2% m/m in Feb 2013.

Hungary's investment funds had aggregate assets of HUF 3.657tn (EUR 11.98bn) as of end-February 2013, up by 3.2% m/m, MTI news agency reported citing data from the association of investment funds ... more

Hungary's number of employees down 0.6% y/y in Jan 2013.

The number of employees in Hungary's public and private sectors fell for the tenth straight month in January 2013 declining by 0.6% y/y to 2.574mn, the statistics office informed. The decline ... more

Hungarys MVM clears deal for purchasing E.ONs local units.

The assembly of state-owned Hungarian Electricity Works (MVM) has approved the purchase of the local gas business of German power utility E.ON, Hungary AM reported, citing local daily Magyar ... more

Notice: Undefined index: subject_id in /var/www/html/application/controllers/IndexController.php on line 335