Businesses’ sense of prosperity improved significantly in November

  Three sub-indices of the household prosperity index fell and one improved compared to the previous month, and, overall, the index weakened marginally compared to October. Employment continued to be the most positively assessed, with a decline from -0.4 in the previous month to -1.0. Households are most negative about inflation, with this indicator down […]

Hungarians sympathise with Israel—Public concern about Islamic terrorism is significant

Hungarians sympathise with Israel The starting point of the survey was to assess the perceptions of Israel, Palestine and Hamas among the adult Hungarian population, and to establish an approval index as a difference between positive and negative opinions. It can be seen that Israel’s approval index is in the positive range (plus 8), while the […]

Today Hungary is the voice of the European people – Sovereignty Conference

Hungary can remain successful if it follows the path of national sovereignty The conference was opened by Gábor Fűrész, Chairman of the Board of Trustees of Századvég, who said in his welcome speech that the history of Századvég dated back to the fall of communism, in which the representatives of the organisation at the time […]

Europeans expect their leaders to end the war between Russia and Ukraine, not to finance it

  The President of the European Commission, Ursula von der Leyen, assured Ukraine of unwavering support and proposed additional EUR 50 billion in aid, in addition to the EUR 83 billion already granted. The amount would be paid by EU Member States, and the EU would use it to fund Ukraine’s expenditure until 2027. The Brussels strategy behind the […]

Sense of prosperity improved among households and businesses in October

  Three sub-indices of the household prosperity index improved and one worsened compared to the previous month, and, overall, the index improved considerably compared to September. Employment continues to be the most positively assessed, returning from -5.9 in the previous month to a positive 0.4. Households are most negative about inflation, with a slight deterioration […]

One fifth of Europeans cannot heat their homes sufficiently

  Presenting the Spring Package of the European Semester, Brussels Commissioner Paolo Gentiloni said that the EU economy was performing better than expected and that Member States should end their energy subsidy schemes by the end of 2023. However, Századvég’s research reveals that claiming better-than-expected performance is an overstatement, and that implementing the call for […]

European public opinion says the EU is the biggest loser of the sanctions

The fundamental requirement for sanctions is that they cause more harm to the sanctioned country than to the economies that impose them. In the months following the outbreak of the Russia-Ukraine war, leaders in Brussels argued that increasingly harsh punitive measures should be imposed because they would bring the Russian economy to its knees in […]

The Hungarian economy could get back on a growth path next year

Several factors may affect Hungarian economic performance in the coming period. Looking abroad, we expect economic expansion in the euro area and for our main trading partners, which should support sustained high growth rates in Hungarian exports. We expect continued disinflation in the euro area, which could bring down external inflationary pressures on the Hungarian […]

Transversal competences will define the labour market of the future

The factors mentioned in the introduction are fundamentally changing employers’ expectations of employee competences, with an increasing focus on skills that support flexible adaptation to an ever-changing world. Previously expected employee competences (e.g. professional knowledge, communication skills, language skills, coordination and management, negotiation skills, decision-making skills, etc.) are moving to the background, being reassessed or […]

This year may be characterised by subdued economic expansion

The decisive factor in global developments is the Russian-Ukrainian war and sanctions measures, which have led to uncertainty about gas supplies in Europe and a significant increase in energy prices. On a positive note, supply difficulties that initially caused uncertainty did not lead to gas shortages in Europe. On the negative side, energy price developments […]