155 result(s) for cut jobs
Hungary’s Opposition Lambasts Government’s Public Administration Reform
- 26 Jan 2016 8:00 AM
- current affairs
The government’s plans to restructure public administration would result in centralisation and austerity rather than in reduced bureaucracy, said a spokesman for the green opposition LMP party. If it comes to reducing bureaucracy, the government had better start the job at home, Ákos Csarnó said.
Xpat Opinion: Government Announces Plans To Streamline Bureaucracy
- 26 Jan 2016 8:00 AM
- current affairs
One left-wing and one conservative columnist welcome plans to cut red tape by restructuring and closing down public offices. They fear, however, that the government’s new plan may not quite fulfil the hopes invested in it.
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 Lawmakers Pass Law On VAT Cut For New Home Building
- 16 Dec 2015 8:00 AM
- property
Lawmakers approved a bill to reduce value added tax (VAT) on new-build homes from 27% to 5% between 2016 and 2019. Submitted by Economy Minister Mihály Varga and cabinet chief Antal Rogán, the law states that a 5% VAT rate applies to homes built between 2016 and 2019, mainly applying to blocks of flats built in housing parks with an area of less than 150 square meters each or to standalone homes ...
Hungarian Socialist Leader Sees Fidesz As “Core Problem”
- 30 Nov 2015 8:00 AM
- current affairs
Hungary’s “gravest problem” is its ruling Fidesz party, which has “manoeuvred the country into a dead end”, József Tóbiás, head of the opposition Socialist Party, told the party’s congress. Tóbiás insisted that the Fideszgovernment has aggravated all of the country’s problems including a failure to tackle deep poverty and deliberately neglecting vulnerable groups within society.
Xpat Interview: Peter Szilagyi, Associate Professor of Finance at CEU Business School
- 6 Oct 2015 12:00 PM
Peter Szilagyi is Associate Professor of Finance at CEU Business School, and Director of the MSc in Finance program. The MSc in Finance is a one-year program with the possibility to extend, and runs both full and part-time. The next program starts in February 2016, with applications accepted until December 1.
Sunday Shopping Ban In Hungary Claims 3,000 Jobs
- 23 Jul 2015 9:00 AM
- shopping
The Sunday shopping ban meant that wholesale and retail employment in May was down by 3,000 from February, the last month without restrictions on Sunday shopping, the Wednesday issue of daily Népszabadság said citing data from the Central Statistical Office (KSH). The paper said retail jobs were most affected, with the sector suffering some 2,600 cuts. The rest of the job losses occurred in ...
Lawmakers Pass Hungary’s 2016 Budget
- 24 Jun 2015 9:00 AM
- business
Lawmakers approved Hungary’s 2016 budget in a final vote months ahead of the legal deadline, with 119 votes in favour and 63 against. The Budget Act calculates with a budget deficit of 2% of gross domestic product (GDP) based on EU accounting rules and public debt of 73.3% of GDP. The budget targets total revenue of 15,800 billion forints (EUR 50.7bn), total expenditures of 16,561 billion forints ...
Hungary's PM Talks Immigration Debate, Tax And Social Policies
- 8 Jun 2015 9:00 AM
- current affairs
Countries should have the “most fundamental right” to decide which migrants to allow in, Hungary’s PM Viktor Orbán told public Kossuth Rádió on Friday. Orbán criticised the European Union’s migration policies, adding that “if they didn’t force on us unrealistic rules there would be no refugees in Hungary — we would have already sent all those we have here back home”.
Hungary’s Opposition Lambasts Government’s Public Administration Reform
- 26 Jan 2016 8:00 AM
- current affairs
The government’s plans to restructure public administration would result in centralisation and austerity rather than in reduced bureaucracy, said a spokesman for the green opposition LMP party. If it comes to reducing bureaucracy, the government had better start the job at home, Ákos Csarnó said.
Xpat Opinion: Government Announces Plans To Streamline Bureaucracy
- 26 Jan 2016 8:00 AM
- current affairs
One left-wing and one conservative columnist welcome plans to cut red tape by restructuring and closing down public offices. They fear, however, that the government’s new plan may not quite fulfil the hopes invested in it.
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 Lawmakers Pass Law On VAT Cut For New Home Building
- 16 Dec 2015 8:00 AM
- property
Lawmakers approved a bill to reduce value added tax (VAT) on new-build homes from 27% to 5% between 2016 and 2019. Submitted by Economy Minister Mihály Varga and cabinet chief Antal Rogán, the law states that a 5% VAT rate applies to homes built between 2016 and 2019, mainly applying to blocks of flats built in housing parks with an area of less than 150 square meters each or to standalone homes ...
Hungarian Socialist Leader Sees Fidesz As “Core Problem”
- 30 Nov 2015 8:00 AM
- current affairs
Hungary’s “gravest problem” is its ruling Fidesz party, which has “manoeuvred the country into a dead end”, József Tóbiás, head of the opposition Socialist Party, told the party’s congress. Tóbiás insisted that the Fideszgovernment has aggravated all of the country’s problems including a failure to tackle deep poverty and deliberately neglecting vulnerable groups within society.
Xpat Interview: Peter Szilagyi, Associate Professor of Finance at CEU Business School
- 6 Oct 2015 12:00 PM
Peter Szilagyi is Associate Professor of Finance at CEU Business School, and Director of the MSc in Finance program. The MSc in Finance is a one-year program with the possibility to extend, and runs both full and part-time. The next program starts in February 2016, with applications accepted until December 1.
Sunday Shopping Ban In Hungary Claims 3,000 Jobs
- 23 Jul 2015 9:00 AM
- shopping
The Sunday shopping ban meant that wholesale and retail employment in May was down by 3,000 from February, the last month without restrictions on Sunday shopping, the Wednesday issue of daily Népszabadság said citing data from the Central Statistical Office (KSH). The paper said retail jobs were most affected, with the sector suffering some 2,600 cuts. The rest of the job losses occurred in ...
Lawmakers Pass Hungary’s 2016 Budget
- 24 Jun 2015 9:00 AM
- business
Lawmakers approved Hungary’s 2016 budget in a final vote months ahead of the legal deadline, with 119 votes in favour and 63 against. The Budget Act calculates with a budget deficit of 2% of gross domestic product (GDP) based on EU accounting rules and public debt of 73.3% of GDP. The budget targets total revenue of 15,800 billion forints (EUR 50.7bn), total expenditures of 16,561 billion forints ...
Hungary's PM Talks Immigration Debate, Tax And Social Policies
- 8 Jun 2015 9:00 AM
- current affairs
Countries should have the “most fundamental right” to decide which migrants to allow in, Hungary’s PM Viktor Orbán told public Kossuth Rádió on Friday. Orbán criticised the European Union’s migration policies, adding that “if they didn’t force on us unrealistic rules there would be no refugees in Hungary — we would have already sent all those we have here back home”.