76 result(s) for august 20 in Business
New Laws Seen Limiting Retail Working Hours
- 3 Nov 2016 3:30 AM
- business
The Hungarian government is planning to make changes to the country’s regulatory environment affecting the working hours of retail workers, according to a report today in government-friendly daily Magyar Idők. Reports yesterday suggested stricter regulations for Sunday working hours are being considered.
Jobless Rate 4.9% In July-September
- 28 Oct 2016 9:00 AM
- business
Hungary’s rolling average three-month jobless rate reached 4.9% in July- September, the Central Statistical Office (KSH) reported. The rate, which covers unemployment among 15 to 74-yearolds, was level with that in June-August but fell from 6.4% in the same period a year earlier.
Inflation Edges Down 0.1% In August
- 9 Sep 2016 9:00 AM
- business
Consumer prices in Hungary fell by an annual 0.1% in August, dropping for the fourth month in a row, the Central Statistical Office (KSH) said. The decline slowed from 0.3% in July. CPI dropped on a 4.1% fall in prices for the category of goods that includes vehicle fuel. Food prices were up by 0.6%, the price of alcohol and tobacco climbed by 1.9% and service prices rose by 1.1%.
Varga: No Hurry To Adopt Euro
- 5 Aug 2016 9:00 AM
- business
Mihály Varga, the economy minister, said Hungary is in no hurry to adopt the euro and will not join the ERM-II system next year. In an interview to Figyelő he said adopting the euro in 2020 would be hasty from the economy’s point of view, adding that competitiveness must be improved first.
Zsolnay Under Threat Of Liquidation
- 31 May 2016 9:00 AM
- business
The state-owned Hungarian Development Bank (MFB) will initiate a liquidation procedure against renowned porcelain maker Zsolnay if it fails to comply with the repayment schedule on a 413 million forint (EUR 1.3m) loan that matured last August, daily Népszabadság said on Monday.
NBH Deputy Governor: Bank To Continue Easing Cycle
- 24 Mar 2016 8:00 AM
- business
Hungary’s central bank (NBH) will cut the base rate until it reaches a rate that is consistent with its inflation target, NBH deputy governor Márton Nagy told journalists. The bank wants to keep rate the key rate low for a sustained period, he said. The NBH’s inflation target is 3% in a +/-1 percentage-point tolerance band.
Brokers Pocket HUF 74 Billion Selling Hungarian Settlement Bonds
- 21 Jan 2016 10:35 AM
- business
1145 foreigners were granted residency permits in Hungary in 2015 after purchasing settlement bonds. Magyar Nemzet reports that offshore companies brokering the sale of the bonds have made between HUF 74 billion (USD 255 million) and HUF 95 billion (USD 328 million) since the program was launched three years ago.
KSH Confirms 6.2% Industrial Output Growth For Aug
- 15 Oct 2015 9:00 AM
- business
Hungary’s industrial output grew by an annual 6.2% in August, the Central Statistical Office (KSH) said in a second reading of data, confirming its first estimate. The index adjusted for the number of workdays also increased by 6.2%. In a month-onmonth comparison, industrial output fell by 2%, according to seasonally and workday-adjusted data. In the first eight months of 2015, industrial output ...
Quota Introduced For Non-EU Citizens Working In Hungary
- 6 Jul 2015 9:00 AM
- business
The economy ministry has set a quota for the number of non-European Union citizens that can be employed in Hungary, a decision published in the official gazette Magyar Közlöny shows. According to the new legal regulation, the number of non- EU citizens employed in Hungary simultaneously must not exceed the monthly average labour demand reported in the previous year.
New Laws Seen Limiting Retail Working Hours
- 3 Nov 2016 3:30 AM
- business
The Hungarian government is planning to make changes to the country’s regulatory environment affecting the working hours of retail workers, according to a report today in government-friendly daily Magyar Idők. Reports yesterday suggested stricter regulations for Sunday working hours are being considered.
Jobless Rate 4.9% In July-September
- 28 Oct 2016 9:00 AM
- business
Hungary’s rolling average three-month jobless rate reached 4.9% in July- September, the Central Statistical Office (KSH) reported. The rate, which covers unemployment among 15 to 74-yearolds, was level with that in June-August but fell from 6.4% in the same period a year earlier.
Inflation Edges Down 0.1% In August
- 9 Sep 2016 9:00 AM
- business
Consumer prices in Hungary fell by an annual 0.1% in August, dropping for the fourth month in a row, the Central Statistical Office (KSH) said. The decline slowed from 0.3% in July. CPI dropped on a 4.1% fall in prices for the category of goods that includes vehicle fuel. Food prices were up by 0.6%, the price of alcohol and tobacco climbed by 1.9% and service prices rose by 1.1%.
Varga: No Hurry To Adopt Euro
- 5 Aug 2016 9:00 AM
- business
Mihály Varga, the economy minister, said Hungary is in no hurry to adopt the euro and will not join the ERM-II system next year. In an interview to Figyelő he said adopting the euro in 2020 would be hasty from the economy’s point of view, adding that competitiveness must be improved first.
Zsolnay Under Threat Of Liquidation
- 31 May 2016 9:00 AM
- business
The state-owned Hungarian Development Bank (MFB) will initiate a liquidation procedure against renowned porcelain maker Zsolnay if it fails to comply with the repayment schedule on a 413 million forint (EUR 1.3m) loan that matured last August, daily Népszabadság said on Monday.
NBH Deputy Governor: Bank To Continue Easing Cycle
- 24 Mar 2016 8:00 AM
- business
Hungary’s central bank (NBH) will cut the base rate until it reaches a rate that is consistent with its inflation target, NBH deputy governor Márton Nagy told journalists. The bank wants to keep rate the key rate low for a sustained period, he said. The NBH’s inflation target is 3% in a +/-1 percentage-point tolerance band.
Brokers Pocket HUF 74 Billion Selling Hungarian Settlement Bonds
- 21 Jan 2016 10:35 AM
- business
1145 foreigners were granted residency permits in Hungary in 2015 after purchasing settlement bonds. Magyar Nemzet reports that offshore companies brokering the sale of the bonds have made between HUF 74 billion (USD 255 million) and HUF 95 billion (USD 328 million) since the program was launched three years ago.
KSH Confirms 6.2% Industrial Output Growth For Aug
- 15 Oct 2015 9:00 AM
- business
Hungary’s industrial output grew by an annual 6.2% in August, the Central Statistical Office (KSH) said in a second reading of data, confirming its first estimate. The index adjusted for the number of workdays also increased by 6.2%. In a month-onmonth comparison, industrial output fell by 2%, according to seasonally and workday-adjusted data. In the first eight months of 2015, industrial output ...
Quota Introduced For Non-EU Citizens Working In Hungary
- 6 Jul 2015 9:00 AM
- business
The economy ministry has set a quota for the number of non-European Union citizens that can be employed in Hungary, a decision published in the official gazette Magyar Közlöny shows. According to the new legal regulation, the number of non- EU citizens employed in Hungary simultaneously must not exceed the monthly average labour demand reported in the previous year.