695 result(s) for base rate
Church Schools Taking Over In Hungary’s Poorer Regions
- 5 Dec 2016 5:30 AM
- current affairs
Churches are playing a larger role in Hungary’s educational system at the expense of non-affiliated private schools. Church schools have especially made progress in economically disadvantaged regions, where they tend to enroll the children of the elite. Meanwhile, private and foundation schools are being squeezed out, and programs launched for special-needs children have been completely sidelined.
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: Cultural Shift Sees Hungarians Valuing Work
- 28 Nov 2016 8:00 AM
- current affairs
Commenting on the wage deal signed on Thursday, Prime Minister Viktor Orbán said its most important message was that working in Hungary is worthwhile. In an interview to business daily Világgazdaság, Orbán said the deal reached with representatives of employers and trade unions was reached relatively quickly, showing that “players in Hungary’s economic life have not lost their common sense”.
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.
Horizon Development Sells Váci 1 To GLL
- 23 Nov 2016 8:00 AM
- property
Munich-based real estate fund management group GLL Real Estate Partners has acquired the historic Váci 1 building from Horizon Development, according to a press release sent to the Budapest Business Journal today. The seller was legally advised on the transaction by Lakatos, Köves & Partners, while the buyer was represented in the deal by Dentons.
Orbán: Labour - Based Economy Successful
- 22 Nov 2016 8:00 AM
- current affairs
Prime Minister Viktor Orbán hailed Hungary’s labour-based economic model as a “success” in an interview to public radio. Orbán said the foundations of Hungary’s economy and financial system are stable enough to handle a significant increase in the minimum wage and a decrease in the corporate tax rate.
Hungary Eyes 9% Flat Corporate Tax
- 18 Nov 2016 8:00 AM
- business
Corporate tax in Hungary will be lowered to a flat 9% as of next year, Hungary’s Prime Minister Viktor Orbán announced today at the Regional Digital Summit conference in Budapest, according to Hungarian news agency MTI.
Car Liability Insurance Rates Grow As More People Drive
- 18 Nov 2016 12:00 AM
- business
Annual rates for vehicle liability insurance in Hungary are expected to rise 10-12% on average, reaching HUF 22,000-25,000, due to increasing car usage and a growing number of insurance payments, according to an analysis by insurance broker Agenta-Consulting sent to the Budapest Business Journal.
Budapest Showcase Hub, 16-19 November
- 17 Nov 2016 12:50 AM
- entertainment
Interview with Renato Horvath and Laszlo Kelemen, the organizers of Budapest Showcase Hub.
This is the first showcase festival in Hungary which is focusing specifically on the area, namely the Eastern European artists: the Budapest Showcase Hub (BUSH) has the goal to bring together the music industry of the neighbour countries, from the V4, through the Baltic States till the Balkans.
This is the first showcase festival in Hungary which is focusing specifically on the area, namely the Eastern European artists: the Budapest Showcase Hub (BUSH) has the goal to bring together the music industry of the neighbour countries, from the V4, through the Baltic States till the Balkans.
Church Schools Taking Over In Hungary’s Poorer Regions
- 5 Dec 2016 5:30 AM
- current affairs
Churches are playing a larger role in Hungary’s educational system at the expense of non-affiliated private schools. Church schools have especially made progress in economically disadvantaged regions, where they tend to enroll the children of the elite. Meanwhile, private and foundation schools are being squeezed out, and programs launched for special-needs children have been completely sidelined.
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: Cultural Shift Sees Hungarians Valuing Work
- 28 Nov 2016 8:00 AM
- current affairs
Commenting on the wage deal signed on Thursday, Prime Minister Viktor Orbán said its most important message was that working in Hungary is worthwhile. In an interview to business daily Világgazdaság, Orbán said the deal reached with representatives of employers and trade unions was reached relatively quickly, showing that “players in Hungary’s economic life have not lost their common sense”.
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.
Horizon Development Sells Váci 1 To GLL
- 23 Nov 2016 8:00 AM
- property
Munich-based real estate fund management group GLL Real Estate Partners has acquired the historic Váci 1 building from Horizon Development, according to a press release sent to the Budapest Business Journal today. The seller was legally advised on the transaction by Lakatos, Köves & Partners, while the buyer was represented in the deal by Dentons.
Orbán: Labour - Based Economy Successful
- 22 Nov 2016 8:00 AM
- current affairs
Prime Minister Viktor Orbán hailed Hungary’s labour-based economic model as a “success” in an interview to public radio. Orbán said the foundations of Hungary’s economy and financial system are stable enough to handle a significant increase in the minimum wage and a decrease in the corporate tax rate.
Hungary Eyes 9% Flat Corporate Tax
- 18 Nov 2016 8:00 AM
- business
Corporate tax in Hungary will be lowered to a flat 9% as of next year, Hungary’s Prime Minister Viktor Orbán announced today at the Regional Digital Summit conference in Budapest, according to Hungarian news agency MTI.
Car Liability Insurance Rates Grow As More People Drive
- 18 Nov 2016 12:00 AM
- business
Annual rates for vehicle liability insurance in Hungary are expected to rise 10-12% on average, reaching HUF 22,000-25,000, due to increasing car usage and a growing number of insurance payments, according to an analysis by insurance broker Agenta-Consulting sent to the Budapest Business Journal.
Budapest Showcase Hub, 16-19 November
- 17 Nov 2016 12:50 AM
- entertainment
Interview with Renato Horvath and Laszlo Kelemen, the organizers of Budapest Showcase Hub.
This is the first showcase festival in Hungary which is focusing specifically on the area, namely the Eastern European artists: the Budapest Showcase Hub (BUSH) has the goal to bring together the music industry of the neighbour countries, from the V4, through the Baltic States till the Balkans.
This is the first showcase festival in Hungary which is focusing specifically on the area, namely the Eastern European artists: the Budapest Showcase Hub (BUSH) has the goal to bring together the music industry of the neighbour countries, from the V4, through the Baltic States till the Balkans.















