969 result(s) for competitive
Hungary Seeks Talks With Austria On Paks
- 25 Nov 2016 8:00 AM
- current affairs
A European Court suit Austria has launched over Hungary’s upgrade of the Paks nuclear power station is not expected to delay the project, government office chief János Lázár told a press briefing. Hungary accepts Austria’s decision to turn to the court over the Paks project, though it would prefer to handle the matter through a joint negotiating mechanism, he said, adding that the government is ...
Szijjártó: EU Must Speed Up Enlargement
- 24 Nov 2016 8:00 AM
- current affairs
The European Union must speed up enlargement in order to overcome its problems, Foreign Minister Péter Szijjártó said after talks with Albanian EU integration minister Klajda Gjosha. Integrating the western Balkans would strengthen the bloc, he said. The current challenges faced by the EU should not be used as an excuse to turn inward, Szijjártó said.
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.
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.
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.
Transparency International: Hungarians See Graft Worsening
- 17 Nov 2016 8:00 AM
- current affairs
Hungarians regard graft as a problem that is worsening, József Péter Martin, Transparency International’s (TI) managing director for Hungary, said on Wednesday. The majority thinks that the government’s measures against it are inadequate, he said. Martin insisted that Hungarians feel impotent when it comes to fighting against corruption. TI’s survey showed that 30% of Hungarians viewed their ...
Orbán Calls For Higher Wages At EBRD Conference
- 11 Nov 2016 8:00 AM
- current affairs
Prime Minister Viktor Orbán called for a “firm increase” in wages in the Hungarian economy, which he said required increasingly competitive businesses. Addressing a conference organised by the European Bank of Reconstruction and Development (EBRD) in Budapest, Orbán said that reducing corporate and personal income taxes as well as employer contributions were necessary to enhance competitiveness.
CBanker: Hungary Companies Should Transition To Marketbased Financing
- 11 Nov 2016 8:00 AM
- business
Hungarian economic players must learn to transition from state-based financing to market-based financing, NBH deputy-governor Márton Nagy said at a conference organised by the European Bank for Reconstruction and Development (EBRD) in Budapest.
Matolcsy: National Bank of Hungary To Maintain Low Base Rate
- 9 Nov 2016 8:00 AM
- business
The National Bank of Hungary is likely to keep its base rate unchanged at 0.90 % even if other central banks start tightening, the bank’s governor György Matolcsy said in an interview to business daily Világgazdaság.
Hungary Seeks Talks With Austria On Paks
- 25 Nov 2016 8:00 AM
- current affairs
A European Court suit Austria has launched over Hungary’s upgrade of the Paks nuclear power station is not expected to delay the project, government office chief János Lázár told a press briefing. Hungary accepts Austria’s decision to turn to the court over the Paks project, though it would prefer to handle the matter through a joint negotiating mechanism, he said, adding that the government is ...
Szijjártó: EU Must Speed Up Enlargement
- 24 Nov 2016 8:00 AM
- current affairs
The European Union must speed up enlargement in order to overcome its problems, Foreign Minister Péter Szijjártó said after talks with Albanian EU integration minister Klajda Gjosha. Integrating the western Balkans would strengthen the bloc, he said. The current challenges faced by the EU should not be used as an excuse to turn inward, Szijjártó said.
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.
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.
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.
Transparency International: Hungarians See Graft Worsening
- 17 Nov 2016 8:00 AM
- current affairs
Hungarians regard graft as a problem that is worsening, József Péter Martin, Transparency International’s (TI) managing director for Hungary, said on Wednesday. The majority thinks that the government’s measures against it are inadequate, he said. Martin insisted that Hungarians feel impotent when it comes to fighting against corruption. TI’s survey showed that 30% of Hungarians viewed their ...
Orbán Calls For Higher Wages At EBRD Conference
- 11 Nov 2016 8:00 AM
- current affairs
Prime Minister Viktor Orbán called for a “firm increase” in wages in the Hungarian economy, which he said required increasingly competitive businesses. Addressing a conference organised by the European Bank of Reconstruction and Development (EBRD) in Budapest, Orbán said that reducing corporate and personal income taxes as well as employer contributions were necessary to enhance competitiveness.
CBanker: Hungary Companies Should Transition To Marketbased Financing
- 11 Nov 2016 8:00 AM
- business
Hungarian economic players must learn to transition from state-based financing to market-based financing, NBH deputy-governor Márton Nagy said at a conference organised by the European Bank for Reconstruction and Development (EBRD) in Budapest.
Matolcsy: National Bank of Hungary To Maintain Low Base Rate
- 9 Nov 2016 8:00 AM
- business
The National Bank of Hungary is likely to keep its base rate unchanged at 0.90 % even if other central banks start tightening, the bank’s governor György Matolcsy said in an interview to business daily Világgazdaság.