169 result(s) for 2018 in Business
Rate Of Low-Wage Earners In Hungary Close To EU Average
- 11 Dec 2016 6:00 AM
- business
Fully 17.8 percent of Hungarian employees are low-wage earners, slightly more than the 17.2 percent European Union average, a summary of data by Eurostat shows. Eurostat puts the low-wage threshold at two-thirds of the median average hourly wage.
Central Europe Can Become Engine Of European Growth
- 30 Nov 2016 7:34 AM
- business
Budapest and Warsaw are in agreement that central Europe can become the engine of European growth, Péter Szijjártó, Hungary’s minister of foreign affairs and trade, said after meeting his Polish counterpart Witold Waszczykowski. He said they had both agreed that Visegrad Group cooperation should be intensified, given changes taking place around the world, such as in US foreign policy and Brexit.
OECD Lowers 2017 GDP Growth Forecast To 2.5 Pc
- 29 Nov 2016 8:00 AM
- business
The OECD lowered its projection for Hungary’s GDP growth next year to 2.5 percent in volume terms in a forecast published on Monday from the 3.1 percent in the previous Economic Outlook released in June 2016. The OECD however improved its 1.6 percent summer projection for Hungary’s growth this year to 1.7 percent in the autumn edition of the World Economic Outlook.
Orbán: Wage Deal Result Of Hard Work
- 25 Nov 2016 8:00 AM
- business
The agreement between the government and its social partners on minimum wage increases in 2017 and 2018 was made possible by the hard work of “millions of Hungarians”, Prime Minister Viktor Orbán said at the signing of the wage deal in the Economy Ministry.
Unions ‘Satisfied’ With Wage Deal
- 24 Nov 2016 8:00 AM
- business
Hungary’s trade unions are “satisfied” with the wage deal reached with the government. National Federation of Workers’ Councils (MOSZ) head Imre Palkovics told public television that it was many years since employee representatives had achieved as great a success as the current deal.
Minimum Wages To Significantly Increase
- 24 Nov 2016 2:40 AM
- business
Wages for unskilled workers will be raised by 15% and for skilled workers by 25% in 2017, according to Hungary's economy minister, Mihály Varga. He said that in 2018 the minimum wages will be increased by a further 8% and 12%, respectively.
Siemens Eyes HUF 10 bln Investment In Budapest
- 23 Nov 2016 8:00 AM
- business
Siemens is planning to spend HUF 10 billion on developments at its Budapest plant over the next three years, President-CEO Dale A. Martin announced today according to reports.
Fitch Affirms Hungary Rating At ‘BBB -’ With Stable Outlook
- 21 Nov 2016 8:00 AM
- business
Fitch Ratings has affirmed Hungary’s Long-Term Foreign and Local Currency Issuer Default Ratings (IDR) at ‘BBB-’ with a Stable Outlook. Hungary’s ratings reflect the country’s membership in the European Union, strong governance indicators, high GDP per capita and reduced external debt, Fitch said.
EC Revises 2016 Hungary GDP Growth Forecast Downwards To 2.1%
- 10 Nov 2016 8:00 AM
- business
Hungary’s economy, adjusted for inflation, is expected to grow by 2.1 % this year, the European Commission said in its autumn economic forecast released on Wednesday. The commission revised its estimate downwards from its spring forecast of 2.5%.
Rate Of Low-Wage Earners In Hungary Close To EU Average
- 11 Dec 2016 6:00 AM
- business
Fully 17.8 percent of Hungarian employees are low-wage earners, slightly more than the 17.2 percent European Union average, a summary of data by Eurostat shows. Eurostat puts the low-wage threshold at two-thirds of the median average hourly wage.
Central Europe Can Become Engine Of European Growth
- 30 Nov 2016 7:34 AM
- business
Budapest and Warsaw are in agreement that central Europe can become the engine of European growth, Péter Szijjártó, Hungary’s minister of foreign affairs and trade, said after meeting his Polish counterpart Witold Waszczykowski. He said they had both agreed that Visegrad Group cooperation should be intensified, given changes taking place around the world, such as in US foreign policy and Brexit.
OECD Lowers 2017 GDP Growth Forecast To 2.5 Pc
- 29 Nov 2016 8:00 AM
- business
The OECD lowered its projection for Hungary’s GDP growth next year to 2.5 percent in volume terms in a forecast published on Monday from the 3.1 percent in the previous Economic Outlook released in June 2016. The OECD however improved its 1.6 percent summer projection for Hungary’s growth this year to 1.7 percent in the autumn edition of the World Economic Outlook.
Orbán: Wage Deal Result Of Hard Work
- 25 Nov 2016 8:00 AM
- business
The agreement between the government and its social partners on minimum wage increases in 2017 and 2018 was made possible by the hard work of “millions of Hungarians”, Prime Minister Viktor Orbán said at the signing of the wage deal in the Economy Ministry.
Unions ‘Satisfied’ With Wage Deal
- 24 Nov 2016 8:00 AM
- business
Hungary’s trade unions are “satisfied” with the wage deal reached with the government. National Federation of Workers’ Councils (MOSZ) head Imre Palkovics told public television that it was many years since employee representatives had achieved as great a success as the current deal.
Minimum Wages To Significantly Increase
- 24 Nov 2016 2:40 AM
- business
Wages for unskilled workers will be raised by 15% and for skilled workers by 25% in 2017, according to Hungary's economy minister, Mihály Varga. He said that in 2018 the minimum wages will be increased by a further 8% and 12%, respectively.
Siemens Eyes HUF 10 bln Investment In Budapest
- 23 Nov 2016 8:00 AM
- business
Siemens is planning to spend HUF 10 billion on developments at its Budapest plant over the next three years, President-CEO Dale A. Martin announced today according to reports.
Fitch Affirms Hungary Rating At ‘BBB -’ With Stable Outlook
- 21 Nov 2016 8:00 AM
- business
Fitch Ratings has affirmed Hungary’s Long-Term Foreign and Local Currency Issuer Default Ratings (IDR) at ‘BBB-’ with a Stable Outlook. Hungary’s ratings reflect the country’s membership in the European Union, strong governance indicators, high GDP per capita and reduced external debt, Fitch said.
EC Revises 2016 Hungary GDP Growth Forecast Downwards To 2.1%
- 10 Nov 2016 8:00 AM
- business
Hungary’s economy, adjusted for inflation, is expected to grow by 2.1 % this year, the European Commission said in its autumn economic forecast released on Wednesday. The commission revised its estimate downwards from its spring forecast of 2.5%.