698 result(s) for base rate
Parliament Votes To Reduce Payroll Tax
- 13 Dec 2016 9:00 AM
- business
Parliament approved a bill that reduces the payroll tax from 27% to 22% from next year, and to 20% from 2018. The bill adjusts the healthcare contributions accordingly, reducing them from 27% to 22% for 2017. Economy Minister Mihály Varga submitted the bill to parliament earlier in December.
Hungary Retail Sales Up By 2.6 Pc In October
- 6 Dec 2016 5:37 AM
- shopping
Retail sales in Hungary climbed 2.6 percent in October from the same month a year earlier, preliminary data released by the Central Statistical Office (KSH) on Monday show. Retail sales rose by an annual 2.6 percent when adjusted for calendar year effects.
Church Schools Taking Over In Hungary’s Poorer Regions
- 5 Dec 2016 12:10 PM
- http://budapestbeacon.com/
- community & culture
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 ...
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.
Parliament Votes To Reduce Payroll Tax
- 13 Dec 2016 9:00 AM
- business
Parliament approved a bill that reduces the payroll tax from 27% to 22% from next year, and to 20% from 2018. The bill adjusts the healthcare contributions accordingly, reducing them from 27% to 22% for 2017. Economy Minister Mihály Varga submitted the bill to parliament earlier in December.
Hungary Retail Sales Up By 2.6 Pc In October
- 6 Dec 2016 5:37 AM
- shopping
Retail sales in Hungary climbed 2.6 percent in October from the same month a year earlier, preliminary data released by the Central Statistical Office (KSH) on Monday show. Retail sales rose by an annual 2.6 percent when adjusted for calendar year effects.
Church Schools Taking Over In Hungary’s Poorer Regions
- 5 Dec 2016 12:10 PM
- http://budapestbeacon.com/
- community & culture
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 ...
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.