1,705 result(s) for construction
Hungarian Govt To Issue New Decrees On Home Subsidies In February
- 22 Jan 2016 8:00 AM
- property
The government will issue two new decrees on Feb. 3 detailing the regulations of the new home purchase subsidy programme, the government office chief said at a regular press briefing. János Lázár said one of the decrees will rule on the purchase of existing homes while the other will cover subsidies for new-builds.
Hungary’s Supreme Court Rejects Referendum Bids On Olympics, City Park
- 21 Jan 2016 8:00 AM
- current affairs
Hungary’s supreme court has rejected referendum questions on organising Olympic Games in Budapest and the upgrade of the Városliget (City Park), overruling the Budapest Election Committee’s earlier approval. Concerning the rejection of the question of whether citizens agree that Budapest should not apply to host the Olympics in 2024, the Kúria said the capital had already submitted a declaration ...
Hungarian Govt To Set Up National Building Society
- 18 Jan 2016 11:00 AM
- current affairs
The government is planning a National Home Building Society modelled on British building societies, cabinet chief Antal Rogán said. Stable economic growth and a low budget deficit over the past few years have given leeway for the government to launch a homebuilding scheme.
Hungary Nov Construction Sector Output Down 0.2%
- 18 Jan 2016 8:00 AM
- property
Output of Hungary’s construction sector fell by an annual 0.2% in November 2015, the Central Statistical Office said on Friday. The decrease followed a 7.8% fall in the preceding month. Output of the buildings segment rose by 10.2% in November but output of the civil engineering segment slumped by 8%. In absolute terms, construction sector output came to 212.28 billion forints (EUR 674.4m).
Hungarian Competition Authority Fines Banks USD 13.8 Million
- 13 Jan 2016 8:00 AM
- business
Hungary’s Economic Competition Authority (GVH) has fined the Hungarian Banking Association HUF 4 billion (USD 13.8 million) and the Banker Training Institute HUF 15 million (USD 52,000) for the “unlawful horizontal sharing of information”.
Xpat Opinion: Housing Subsidy Scheme Kicks Off
- 6 Jan 2016 8:00 AM
- property
Two conservative economists welcome the government’s plan to reverse unfavourable demographic trends through a lavish home subsidy scheme. A left-wing analyst thinks that the government’s proposal will be available only for middle class families and will thus entrench inequality.
Xpat Opinion: “Whoever Says That There Is No Poverty In Hungary Is Lying”
- 5 Jan 2016 8:00 AM
- current affairs
Can I state my opinion? Will you write it down? Really? Then write this down: Who says that there is no poverty in Hungary is lying.”
Translation of “She survived cancer three times but Hungary has sentenced her to slowly starve” (“Háromszor legyőzte a rákot, de Magyarország lassú éhhalálra ítéli”) appearing in online daily nepszabadsag.hu on January 1st.
Translation of “She survived cancer three times but Hungary has sentenced her to slowly starve” (“Háromszor legyőzte a rákot, de Magyarország lassú éhhalálra ítéli”) appearing in online daily nepszabadsag.hu on January 1st.
Assoc Chief: Hungarian Construction Sector To Pick Up Steam In Coming Years
- 4 Jan 2016 8:00 AM
- property
The construction sector is set to grow in the coming years and the number of new homes built per year could double by the end of the current government cycle, László Koji, head of the association of construction entrepreneurs ÉVOSZ, told daily Magyar Idők. Over the past few years, the government has implemented measures that have generated investments, even by foreign businesses, both in the ...
Hungary’s Employer Group Chief: High Tax Rates Hamper Proper Wage Reform
- 31 Dec 2015 8:00 AM
- business
Employment and income tax rates need to be reduced because the current tax system is hampering a proper wage reform, the chief secretary of the National Association of Employers and Entrepreneurs (VOSZ) said. Ferenc Dávid said a gross wage of 100,000 forints (EUR 320) costs the employer approximately 128,500 forints factoring in social contributions while the employee’s net wage ends up being ...
Hungarian Govt To Issue New Decrees On Home Subsidies In February
- 22 Jan 2016 8:00 AM
- property
The government will issue two new decrees on Feb. 3 detailing the regulations of the new home purchase subsidy programme, the government office chief said at a regular press briefing. János Lázár said one of the decrees will rule on the purchase of existing homes while the other will cover subsidies for new-builds.
Hungary’s Supreme Court Rejects Referendum Bids On Olympics, City Park
- 21 Jan 2016 8:00 AM
- current affairs
Hungary’s supreme court has rejected referendum questions on organising Olympic Games in Budapest and the upgrade of the Városliget (City Park), overruling the Budapest Election Committee’s earlier approval. Concerning the rejection of the question of whether citizens agree that Budapest should not apply to host the Olympics in 2024, the Kúria said the capital had already submitted a declaration ...
Hungarian Govt To Set Up National Building Society
- 18 Jan 2016 11:00 AM
- current affairs
The government is planning a National Home Building Society modelled on British building societies, cabinet chief Antal Rogán said. Stable economic growth and a low budget deficit over the past few years have given leeway for the government to launch a homebuilding scheme.
Hungary Nov Construction Sector Output Down 0.2%
- 18 Jan 2016 8:00 AM
- property
Output of Hungary’s construction sector fell by an annual 0.2% in November 2015, the Central Statistical Office said on Friday. The decrease followed a 7.8% fall in the preceding month. Output of the buildings segment rose by 10.2% in November but output of the civil engineering segment slumped by 8%. In absolute terms, construction sector output came to 212.28 billion forints (EUR 674.4m).
Hungarian Competition Authority Fines Banks USD 13.8 Million
- 13 Jan 2016 8:00 AM
- business
Hungary’s Economic Competition Authority (GVH) has fined the Hungarian Banking Association HUF 4 billion (USD 13.8 million) and the Banker Training Institute HUF 15 million (USD 52,000) for the “unlawful horizontal sharing of information”.
Xpat Opinion: Housing Subsidy Scheme Kicks Off
- 6 Jan 2016 8:00 AM
- property
Two conservative economists welcome the government’s plan to reverse unfavourable demographic trends through a lavish home subsidy scheme. A left-wing analyst thinks that the government’s proposal will be available only for middle class families and will thus entrench inequality.
Xpat Opinion: “Whoever Says That There Is No Poverty In Hungary Is Lying”
- 5 Jan 2016 8:00 AM
- current affairs
Can I state my opinion? Will you write it down? Really? Then write this down: Who says that there is no poverty in Hungary is lying.”
Translation of “She survived cancer three times but Hungary has sentenced her to slowly starve” (“Háromszor legyőzte a rákot, de Magyarország lassú éhhalálra ítéli”) appearing in online daily nepszabadsag.hu on January 1st.
Translation of “She survived cancer three times but Hungary has sentenced her to slowly starve” (“Háromszor legyőzte a rákot, de Magyarország lassú éhhalálra ítéli”) appearing in online daily nepszabadsag.hu on January 1st.
Assoc Chief: Hungarian Construction Sector To Pick Up Steam In Coming Years
- 4 Jan 2016 8:00 AM
- property
The construction sector is set to grow in the coming years and the number of new homes built per year could double by the end of the current government cycle, László Koji, head of the association of construction entrepreneurs ÉVOSZ, told daily Magyar Idők. Over the past few years, the government has implemented measures that have generated investments, even by foreign businesses, both in the ...
Hungary’s Employer Group Chief: High Tax Rates Hamper Proper Wage Reform
- 31 Dec 2015 8:00 AM
- business
Employment and income tax rates need to be reduced because the current tax system is hampering a proper wage reform, the chief secretary of the National Association of Employers and Entrepreneurs (VOSZ) said. Ferenc Dávid said a gross wage of 100,000 forints (EUR 320) costs the employer approximately 128,500 forints factoring in social contributions while the employee’s net wage ends up being ...