Hungarians not eager to pursue vocational training

Initiatives

Far fewer Hungarian secondary school students participate in vocational education than in neighbouring countries or in the European Union as a whole, a summary of data from Eurostat shows, cited by state news agency MTI.

The percentage of Hungarian upper secondary students in vocational education programs stood at just 23% in 2015, the data show. The percentage was far below that in the Czech Republic (73%), Poland (51%) and Slovakia (69%). The percentage for the EU as a whole was 47%, MTI cited the EUʼs statistics office as saying.

Hungaryʼs government has made the renewal of the countryʼs vocational education system a priority and introduced a dual education system, one that combines apprenticeships and vocational training, as in German schools.

Minister for National Economy Mihály Varga said on Monday that the government has launched a ten-year program to refurbish vocational schools, citing a similar Portugese program. The government will allocate HUF 10 billion for the project, Varga added.

Policymakers Cut Central Bank Base Rate by 50 bp to 7.75% MNB

Policymakers Cut Central Bank Base Rate by 50 bp to 7.75%

Bulgaria's Household Income, Spending Rise 20% in 2023 World

Bulgaria's Household Income, Spending Rise 20% in 2023

Spar Magyarország Revenue Climbs Close to 16% in 2023 Retail

Spar Magyarország Revenue Climbs Close to 16% in 2023

Hungary Launches HUF 15 bln Tourism Sector Support Program Tourism

Hungary Launches HUF 15 bln Tourism Sector Support Program

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.