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Average Hungarian Earnings Reach HUF 377,300

Average Hungarian Earnings Reach HUF 377,300

Average gross earnings amounted to HUF 377,300 in February 2020, 9.1% higher than a year earlier, according to data by the Central Statistical Office (KSH) says.
Poll Finds Most Hungarians Unhappy With Handling Of Covid-19 Crisis

Poll Finds Most Hungarians Unhappy With Handling Of Covid-19 Crisis

One-third of the Hungarian population expects life to return to normal within a month or two, while two-thirds of people believe that is realistic only in August, according to a representative telephone survey conducted by Zavecz Research.
Changes In Tax Return & Payment Deadlines, Employment In Hungary

Changes In Tax Return & Payment Deadlines, Employment In Hungary

  • 28 Apr 2020 3:39 PM
  • specials
Pursuant to the provisions of Government Decree No. 140/2020 (IV.21.) the deadline for the assessment, return and payment of the annual and special taxes below and that for the assessment of the tax advance is now 30.09.2020 (instead of the original deadline of 31.05.2020): corporate tax (TAO), small business tax (KIVA), local business tax (HIPA), energy suppliers’ income tax (EJA), innovation ...
Fausto’s: Major Changes To Restaurant Business Ahead In Hungary

Fausto’s: Major Changes To Restaurant Business Ahead In Hungary

The Budapest Business Journal talks with Anikó and Fausto Di Vora, co-owners of Italian restaurant Fausto’s, about the effects of the COVID-19 crisis on the restaurant industry in general and on Fausto’s itself.
Hungarian Opinion: Dispute Over Government’s Economic Measures

Hungarian Opinion: Dispute Over Government’s Economic Measures

A pro-government and an independent economist find the government’s economic incentives to kick-start the economy reasonable and well-balanced. A former liberal minister and a left-wing commentator, on the other hand, accuse the government of mismanaging the economic crisis.
Hungarian PM Orbán: 'Hope For The Best, Prepare For The Worst'

Hungarian PM Orbán: 'Hope For The Best, Prepare For The Worst'

  • 18 Apr 2020 7:17 AM
  • current affairs
In the management of the coronavirus epidemic, the old wisdom prevails: ‘Hope for the best, and prepare for the worst’, Prime Minister Viktor Orbán said on Kossuth Radio’s programme ‘Good morning, Hungary’ on Friday.
Hungary's Wizz Air Fires 1,000 Staff To Mitigate COVID-19 Financial Impact

Hungary's Wizz Air Fires 1,000 Staff To Mitigate COVID-19 Financial Impact

Discount airline Wizz Air announced a decision to fire 1,000 of its employees, a workforce reduction of 19%, and cut salaries in the wake of the financial impact of the coronavirus pandemic, according to a press release sent to the Budapest Business Journal.
Hungary’s PM: Self-Control Is The Most Powerful Weapon At This Time

Hungary’s PM: Self-Control Is The Most Powerful Weapon At This Time

  • 11 Apr 2020 7:32 AM
  • current affairs
In the present coronavirus situation, self-control continues to remain the most powerful weapon, and if people are able to sufficiently distance themselves from one another, this will work, Prime Minister Viktor Orbán said in his Good Friday interview on Kossuth Radio’s programme ‘Good morning, Hungary’.
Hungarian Opposition: Government’s Response Package 'Too Little, Too Late'

Hungarian Opposition: Government’s Response Package 'Too Little, Too Late'

The opposition Democratic Coalition (DK) has called the government’s economic support package to the novel coronavirus epidemic “too little, too late and favouring the privileged”.
Average Hungarian Earnings Reach HUF 377,300

Average Hungarian Earnings Reach HUF 377,300

Average gross earnings amounted to HUF 377,300 in February 2020, 9.1% higher than a year earlier, according to data by the Central Statistical Office (KSH) says.
Poll Finds Most Hungarians Unhappy With Handling Of Covid-19 Crisis

Poll Finds Most Hungarians Unhappy With Handling Of Covid-19 Crisis

One-third of the Hungarian population expects life to return to normal within a month or two, while two-thirds of people believe that is realistic only in August, according to a representative telephone survey conducted by Zavecz Research.
Changes In Tax Return & Payment Deadlines, Employment In Hungary

Changes In Tax Return & Payment Deadlines, Employment In Hungary

  • 28 Apr 2020 3:39 PM
  • specials
Pursuant to the provisions of Government Decree No. 140/2020 (IV.21.) the deadline for the assessment, return and payment of the annual and special taxes below and that for the assessment of the tax advance is now 30.09.2020 (instead of the original deadline of 31.05.2020): corporate tax (TAO), small business tax (KIVA), local business tax (HIPA), energy suppliers’ income tax (EJA), innovation ...
Fausto’s: Major Changes To Restaurant Business Ahead In Hungary

Fausto’s: Major Changes To Restaurant Business Ahead In Hungary

The Budapest Business Journal talks with Anikó and Fausto Di Vora, co-owners of Italian restaurant Fausto’s, about the effects of the COVID-19 crisis on the restaurant industry in general and on Fausto’s itself.
Hungarian Opinion: Dispute Over Government’s Economic Measures

Hungarian Opinion: Dispute Over Government’s Economic Measures

A pro-government and an independent economist find the government’s economic incentives to kick-start the economy reasonable and well-balanced. A former liberal minister and a left-wing commentator, on the other hand, accuse the government of mismanaging the economic crisis.
Hungarian PM Orbán: 'Hope For The Best, Prepare For The Worst'

Hungarian PM Orbán: 'Hope For The Best, Prepare For The Worst'

  • 18 Apr 2020 7:17 AM
  • current affairs
In the management of the coronavirus epidemic, the old wisdom prevails: ‘Hope for the best, and prepare for the worst’, Prime Minister Viktor Orbán said on Kossuth Radio’s programme ‘Good morning, Hungary’ on Friday.
Hungary's Wizz Air Fires 1,000 Staff To Mitigate COVID-19 Financial Impact

Hungary's Wizz Air Fires 1,000 Staff To Mitigate COVID-19 Financial Impact

Discount airline Wizz Air announced a decision to fire 1,000 of its employees, a workforce reduction of 19%, and cut salaries in the wake of the financial impact of the coronavirus pandemic, according to a press release sent to the Budapest Business Journal.
Hungary’s PM: Self-Control Is The Most Powerful Weapon At This Time

Hungary’s PM: Self-Control Is The Most Powerful Weapon At This Time

  • 11 Apr 2020 7:32 AM
  • current affairs
In the present coronavirus situation, self-control continues to remain the most powerful weapon, and if people are able to sufficiently distance themselves from one another, this will work, Prime Minister Viktor Orbán said in his Good Friday interview on Kossuth Radio’s programme ‘Good morning, Hungary’.
Hungarian Opposition: Government’s Response Package 'Too Little, Too Late'

Hungarian Opposition: Government’s Response Package 'Too Little, Too Late'

The opposition Democratic Coalition (DK) has called the government’s economic support package to the novel coronavirus epidemic “too little, too late and favouring the privileged”.