102 result(s) for cut benefits
Official: Middle Class To Strengthen Through Wage Increase
- 3 Jan 2017 8:10 AM
- business
Wage increases will help strengthen the middle class and Hungary’s economy as a whole in the long term, state secretary Csaba Dömötör said. The economy has been on a path of growth for several years and projections show that the growth rate could reach 4% taking into account European Union tenders, he told public news channel M1.
Legal Changes Taking Effect On 1 January In Hungary
- 2 Jan 2017 8:00 AM
- business
Hungary faces several legal changes as of Jan. 1, 2017, including a drop in the bank levy, whose upper bracket will be reduced by 3 basis points to 0.21 percent. The reduction in the tax comes as part of an agreement with the European Bank for Reconstruction and Development (EBRD).
Orbán: Cultural Shift Sees Hungarians Valuing Work
- 28 Nov 2016 8:00 AM
- current affairs
Commenting on the wage deal signed on Thursday, Prime Minister Viktor Orbán said its most important message was that working in Hungary is worthwhile. In an interview to business daily Világgazdaság, Orbán said the deal reached with representatives of employers and trade unions was reached relatively quickly, showing that “players in Hungary’s economic life have not lost their common sense”.
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.
PM Orbán: Demographic Policies Key To Curing Labour Shortages
- 29 Aug 2016 9:00 AM
- current affairs
Demographic and family policies are the key to tackling Hungary’s labour shortages, Prime Minister Viktor Orbán said. The country is in need of more children and stronger families because if more children are born, more people can join the workforce, Orbán told public radio.
Szijjártó: Setting Up WHO Budapest Centre To Boost Hungary-UN Cooperation
- 25 May 2016 9:00 AM
- current affairs
Setting up a centre for the World Health Organisation (WHO) in Budapest will boost cooperation between Hungary and the United Nations, the foreign minister said in parliament. In recent years, the UN has been moving some of its specialised institutions and organisations away from Geneva in order to cut operational costs, Péter Szijjártó told the assembly. As part of this process, the WHO has ...
Parlt Votes To Cut Benefits For Migrants
- 11 May 2016 9:00 AM
- current affairs
Lawmakers passed a package of amendments that will reduce social benefits for migrants, making them eligible for only some types of benefits that Hungarian citizens are entitled to. The amendment restricts migrants’ stay in reception centres to just one month, from the current two.
Mel Horwitch, Former Dean, CEU Business School
- 9 Feb 2016 11:00 AM
Mel Horwitch is Dean and University Professor at Central European University Business School, located in Budapest, Hungary. Previously, he was Professor of Technology Management and Chair of the Department of Technology Management, at the Polytechnic Institute of NYU (now NYU’s Tandon School of Engineering).
Hungary Offers Additional HUF 1bn For Fight Against Climate Change
- 8 Dec 2015 5:00 AM
- current affairs
Hungary has offered to contribute an additional 1 billion forints (USD 3.47m) for international climate management and the success of the Paris climate summit on top of the 1 billion forints previously offered for the Green climate fund operating under a United Nations framework agreement, a development ministry official said.
Official: Middle Class To Strengthen Through Wage Increase
- 3 Jan 2017 8:10 AM
- business
Wage increases will help strengthen the middle class and Hungary’s economy as a whole in the long term, state secretary Csaba Dömötör said. The economy has been on a path of growth for several years and projections show that the growth rate could reach 4% taking into account European Union tenders, he told public news channel M1.
Legal Changes Taking Effect On 1 January In Hungary
- 2 Jan 2017 8:00 AM
- business
Hungary faces several legal changes as of Jan. 1, 2017, including a drop in the bank levy, whose upper bracket will be reduced by 3 basis points to 0.21 percent. The reduction in the tax comes as part of an agreement with the European Bank for Reconstruction and Development (EBRD).
Orbán: Cultural Shift Sees Hungarians Valuing Work
- 28 Nov 2016 8:00 AM
- current affairs
Commenting on the wage deal signed on Thursday, Prime Minister Viktor Orbán said its most important message was that working in Hungary is worthwhile. In an interview to business daily Világgazdaság, Orbán said the deal reached with representatives of employers and trade unions was reached relatively quickly, showing that “players in Hungary’s economic life have not lost their common sense”.
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.
PM Orbán: Demographic Policies Key To Curing Labour Shortages
- 29 Aug 2016 9:00 AM
- current affairs
Demographic and family policies are the key to tackling Hungary’s labour shortages, Prime Minister Viktor Orbán said. The country is in need of more children and stronger families because if more children are born, more people can join the workforce, Orbán told public radio.
Szijjártó: Setting Up WHO Budapest Centre To Boost Hungary-UN Cooperation
- 25 May 2016 9:00 AM
- current affairs
Setting up a centre for the World Health Organisation (WHO) in Budapest will boost cooperation between Hungary and the United Nations, the foreign minister said in parliament. In recent years, the UN has been moving some of its specialised institutions and organisations away from Geneva in order to cut operational costs, Péter Szijjártó told the assembly. As part of this process, the WHO has ...
Parlt Votes To Cut Benefits For Migrants
- 11 May 2016 9:00 AM
- current affairs
Lawmakers passed a package of amendments that will reduce social benefits for migrants, making them eligible for only some types of benefits that Hungarian citizens are entitled to. The amendment restricts migrants’ stay in reception centres to just one month, from the current two.
Mel Horwitch, Former Dean, CEU Business School
- 9 Feb 2016 11:00 AM
Mel Horwitch is Dean and University Professor at Central European University Business School, located in Budapest, Hungary. Previously, he was Professor of Technology Management and Chair of the Department of Technology Management, at the Polytechnic Institute of NYU (now NYU’s Tandon School of Engineering).
Hungary Offers Additional HUF 1bn For Fight Against Climate Change
- 8 Dec 2015 5:00 AM
- current affairs
Hungary has offered to contribute an additional 1 billion forints (USD 3.47m) for international climate management and the success of the Paris climate summit on top of the 1 billion forints previously offered for the Green climate fund operating under a United Nations framework agreement, a development ministry official said.


















