1,288 result(s) for costs
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.
Fidesz Election Ploy Will Drive SMEs Out Of Business, Warn Critics
- 29 Nov 2016 8:00 AM
- current affairs
“We are confronted by an election trick that could trigger a wave of significant wage increases that would cause real problems for those companies which employ people in the vicinity of minimum wage.” – András Vértes, president, GKI Economic Research Zrt.
Hungary To Conceal Data On Certain Public Investments For 30 Years Citing “Terror Risk”
- 23 Nov 2016 8:00 AM
- current affairs
Hungary’s interior minister Sándor Pintér has submitted a proposal to parliament which would allow data related to large government investments to be classified for 30 years, citing national security concerns and risks of terrorism, reports 444.hu. The law would obscure amounts invested by the government in large-scale projects, and could be used to hide how much the government will spend on ...
Deutsch: Many Will Benefit From Digital Prosperity Programme Next Year
- 10 Nov 2016 8:00 AM
- tech
The government’s digital commissioner, Tamás Deutsch, has said that many Hungarians will benefit from the positive effects of the government’s Digital Prosperity Programme in 2017. He noted that VAT on internet services will be cut from 27% to 18% from January.
Varga: Moody’s Upgrade To Open ‘New Chapter’
- 7 Nov 2016 8:00 AM
- business
The upgrade of Hungary’s sovereign rating by Moody’s means that all three big ratings agencies have Hungary in investment grade and this could open a “new chapter” in efforts to reduce the country’s public debt, Economy Minister Mihály Varga said.
Orbán’s Miniature Railway Runs Into Opposition In Etyek
- 3 Nov 2016 8:00 AM
- getting around
Protests from residents of the village of Etyek in Fejér county have caused the temporary suspension of plans to connect the community to the town of Bicske with a miniature railway line, a pet project of Prime Minister Viktor Orbán, reports Magyar Nemzet. According to the plans, rail would be run on the land and near the homes of Etyek residents, and in some cases train stops would be ...
Hungarian Government Approves Natl Workplace Safety Policy
- 30 Oct 2016 8:00 AM
- current affairs
The government has approved a new national workplace safety and health policy, an economy ministry official announced on Thursday. The policy will be valid from 2016 to 2022, state secretary Péter Cseresnyés told a conference in Budapest. Citing a recent study, Cseresnyés said the total costs of job-related injuries and illnesses in Hungary in 2013 were over 200 billion forints (EUR 646.1m).
Hungarian Government Earmarks HUF 1.2 Tln For Railways By 2022
- 30 Oct 2016 8:00 AM
- current affairs
The Hungarian government has approved a HUF 1.2 trillion development program for the countryʼs railway infrastructure, Cabinet Chief János Lázár said yesterday during his weekly press conference, according to reports. Some 80% of the costs are reportedly set to be covered by the EU.
Public Procurement CTTEE Annuls Tender On Budapest Metro Replacement Buses
- 20 Oct 2016 9:00 AM
- getting around
The public procurements committee (KDB) has annulled a tender invited by the Budapest Transport Centre (BKK) for replacement bus services to be used during the revamp of metro line 3 and fined BKK 40 million forints (EUR 130,000). BKK in July launched a tender procedure for 150 articulated buses to replace the third metro line during the project to renovate it.
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.
Fidesz Election Ploy Will Drive SMEs Out Of Business, Warn Critics
- 29 Nov 2016 8:00 AM
- current affairs
“We are confronted by an election trick that could trigger a wave of significant wage increases that would cause real problems for those companies which employ people in the vicinity of minimum wage.” – András Vértes, president, GKI Economic Research Zrt.
Hungary To Conceal Data On Certain Public Investments For 30 Years Citing “Terror Risk”
- 23 Nov 2016 8:00 AM
- current affairs
Hungary’s interior minister Sándor Pintér has submitted a proposal to parliament which would allow data related to large government investments to be classified for 30 years, citing national security concerns and risks of terrorism, reports 444.hu. The law would obscure amounts invested by the government in large-scale projects, and could be used to hide how much the government will spend on ...
Deutsch: Many Will Benefit From Digital Prosperity Programme Next Year
- 10 Nov 2016 8:00 AM
- tech
The government’s digital commissioner, Tamás Deutsch, has said that many Hungarians will benefit from the positive effects of the government’s Digital Prosperity Programme in 2017. He noted that VAT on internet services will be cut from 27% to 18% from January.
Varga: Moody’s Upgrade To Open ‘New Chapter’
- 7 Nov 2016 8:00 AM
- business
The upgrade of Hungary’s sovereign rating by Moody’s means that all three big ratings agencies have Hungary in investment grade and this could open a “new chapter” in efforts to reduce the country’s public debt, Economy Minister Mihály Varga said.
Orbán’s Miniature Railway Runs Into Opposition In Etyek
- 3 Nov 2016 8:00 AM
- getting around
Protests from residents of the village of Etyek in Fejér county have caused the temporary suspension of plans to connect the community to the town of Bicske with a miniature railway line, a pet project of Prime Minister Viktor Orbán, reports Magyar Nemzet. According to the plans, rail would be run on the land and near the homes of Etyek residents, and in some cases train stops would be ...
Hungarian Government Approves Natl Workplace Safety Policy
- 30 Oct 2016 8:00 AM
- current affairs
The government has approved a new national workplace safety and health policy, an economy ministry official announced on Thursday. The policy will be valid from 2016 to 2022, state secretary Péter Cseresnyés told a conference in Budapest. Citing a recent study, Cseresnyés said the total costs of job-related injuries and illnesses in Hungary in 2013 were over 200 billion forints (EUR 646.1m).
Hungarian Government Earmarks HUF 1.2 Tln For Railways By 2022
- 30 Oct 2016 8:00 AM
- current affairs
The Hungarian government has approved a HUF 1.2 trillion development program for the countryʼs railway infrastructure, Cabinet Chief János Lázár said yesterday during his weekly press conference, according to reports. Some 80% of the costs are reportedly set to be covered by the EU.
Public Procurement CTTEE Annuls Tender On Budapest Metro Replacement Buses
- 20 Oct 2016 9:00 AM
- getting around
The public procurements committee (KDB) has annulled a tender invited by the Budapest Transport Centre (BKK) for replacement bus services to be used during the revamp of metro line 3 and fined BKK 40 million forints (EUR 130,000). BKK in July launched a tender procedure for 150 articulated buses to replace the third metro line during the project to renovate it.