1,307 result(s) for boost
Hungary’s Grey Economy Shrinking, Says Nézőpont
- 3 Dec 2016 7:15 AM
- business
Hungary’s grey economy has been shrinking over the past 13 years to total about 6.5-7 billion forints (EUR 21-22m) last year, Sámuel Ágoston Mráz, chief executive of the Nézőpont Institute, said, citing fresh data. In 2003 the size of the grey economy was estimated at 25% of gross domestic product (GDP) and this fell to 23.3% in 2010 and 21.9% in 2015, he said.
Govt To Focus On Boosting Mobility, Training To Tackle Labour Shortage
- 2 Dec 2016 6:06 AM
- business
In efforts to alleviate labour shortages, the government plans to boost regional mobility and training, an economy ministry official said at a forum organised by the Budapest Chamber of Commerce and Industry and National Trade Association. Péter Cseresnyés, state secretary for labour and training, said that Hungary’s labour market was characterised by both unemployment and a labour shortage.
Hungary Jobless Rate Drops, More People Finding Entry Into Labour Market From Fostered Jobs Schemes
- 30 Nov 2016 10:11 AM
- current affairs
Hungary’s rolling average three-month jobless rate reached 4.7 percent in August-October, dropping from 4.9 percent in the previous month and 6.4 percent in the same period a year earlier, the Central Statistical Office (KSH) said on Tuesday.
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.
Opinion: Hungary To Cut Corporate Tax Rate To Lowest In EU
- 24 Nov 2016 2:35 AM
- business
A conservative economist welcomes PM Orbán’s announcement that Hungarian corporate tax is to be cut to the lowest in the EU. A liberal economist, on the other hand, fears that the tax cut will create disparities in the economy.
Air Canada Rouge Increases Number Of Budapest-Toronto Flights
- 23 Nov 2016 8:00 AM
- travel
The seat capacity of Air Canada Rouge’s Budapest-Toronto connection is expected to expand by 56%, the airline said today as it announced the number of flights on the route would rise to five a week – up from three – by summer.
Lawmakers Approve Govt Tax Package
- 23 Nov 2016 8:00 AM
- business
Parliament approved on Tuesday the government’s so-called autumn tax package targeting reducing the public burden, boosting competitiveness and streamlining the tax bureaucracy. The revenue limit applied to itemised tax for small business taxpayers will be raised, the exemption threshold for VAT will be similarly raised, while rules for health-care contributions will be simplified.
Gross Wages Up 6.7% In Sept
- 23 Nov 2016 8:00 AM
- business
Average gross wages in Hungary rose by an annual 6.7% in September to 257,857 forints (EUR 834), the Central Statistical Office (KSH) reported. Net wages grew by 8.3% to 171,475 forints due to a one percentage point cut in the personal income tax rate from January.
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’s Grey Economy Shrinking, Says Nézőpont
- 3 Dec 2016 7:15 AM
- business
Hungary’s grey economy has been shrinking over the past 13 years to total about 6.5-7 billion forints (EUR 21-22m) last year, Sámuel Ágoston Mráz, chief executive of the Nézőpont Institute, said, citing fresh data. In 2003 the size of the grey economy was estimated at 25% of gross domestic product (GDP) and this fell to 23.3% in 2010 and 21.9% in 2015, he said.
Govt To Focus On Boosting Mobility, Training To Tackle Labour Shortage
- 2 Dec 2016 6:06 AM
- business
In efforts to alleviate labour shortages, the government plans to boost regional mobility and training, an economy ministry official said at a forum organised by the Budapest Chamber of Commerce and Industry and National Trade Association. Péter Cseresnyés, state secretary for labour and training, said that Hungary’s labour market was characterised by both unemployment and a labour shortage.
Hungary Jobless Rate Drops, More People Finding Entry Into Labour Market From Fostered Jobs Schemes
- 30 Nov 2016 10:11 AM
- current affairs
Hungary’s rolling average three-month jobless rate reached 4.7 percent in August-October, dropping from 4.9 percent in the previous month and 6.4 percent in the same period a year earlier, the Central Statistical Office (KSH) said on Tuesday.
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.
Opinion: Hungary To Cut Corporate Tax Rate To Lowest In EU
- 24 Nov 2016 2:35 AM
- business
A conservative economist welcomes PM Orbán’s announcement that Hungarian corporate tax is to be cut to the lowest in the EU. A liberal economist, on the other hand, fears that the tax cut will create disparities in the economy.
Air Canada Rouge Increases Number Of Budapest-Toronto Flights
- 23 Nov 2016 8:00 AM
- travel
The seat capacity of Air Canada Rouge’s Budapest-Toronto connection is expected to expand by 56%, the airline said today as it announced the number of flights on the route would rise to five a week – up from three – by summer.
Lawmakers Approve Govt Tax Package
- 23 Nov 2016 8:00 AM
- business
Parliament approved on Tuesday the government’s so-called autumn tax package targeting reducing the public burden, boosting competitiveness and streamlining the tax bureaucracy. The revenue limit applied to itemised tax for small business taxpayers will be raised, the exemption threshold for VAT will be similarly raised, while rules for health-care contributions will be simplified.
Gross Wages Up 6.7% In Sept
- 23 Nov 2016 8:00 AM
- business
Average gross wages in Hungary rose by an annual 6.7% in September to 257,857 forints (EUR 834), the Central Statistical Office (KSH) reported. Net wages grew by 8.3% to 171,475 forints due to a one percentage point cut in the personal income tax rate from January.
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.